Stockpair.com
- Thread starter VinMan
- Start date
Interesting concept. Looks like they are trying to put Bright Trading out of business. Just kidding Don.
I'm interested in the same company as well. Not much I can find out about them other than they owned/run by a company called NexTrade Worldwide Ltd based in Cyprus.
I registered an account with them but haven't deposited any funds as of yet. One of their people just contacted me to run through a deposit over the phone but I said I'd do it another time. When I asked about the regulatory board they are gaoverned by there was a bit of a pause, and simply said we governed by EU trading laws. Asking specifically about the board/agency lead to a long pause.
No company registered on the CySEC website for the same address or any info on NexTrade.
Bit worrying....
I registered an account with them but haven't deposited any funds as of yet. One of their people just contacted me to run through a deposit over the phone but I said I'd do it another time. When I asked about the regulatory board they are gaoverned by there was a bit of a pause, and simply said we governed by EU trading laws. Asking specifically about the board/agency lead to a long pause.
No company registered on the CySEC website for the same address or any info on NexTrade.
Bit worrying....
Update for everyone - Support came back to me. They are not regulated, but they did kindly point me to the relevant section in the CySEC policy as to why - apparently they considered as a Binary Options trading company:
From CySEC:
Question Number: 16
Relevant Provisions: Part III of the Third Appendix - Law 144(I)/2007 - âfinancial instrumentsâ
Issue: Binary Options
Question: Are binary options regulated by CySEC?
Answer: CySECâs current position is that binary options do not fall within the definition of financial instruments under the IFLaw 144(I)/2007 and are therefore not subject to CySEC regulation.
From CySEC:
Question Number: 16
Relevant Provisions: Part III of the Third Appendix - Law 144(I)/2007 - âfinancial instrumentsâ
Issue: Binary Options
Question: Are binary options regulated by CySEC?
Answer: CySECâs current position is that binary options do not fall within the definition of financial instruments under the IFLaw 144(I)/2007 and are therefore not subject to CySEC regulation.
I heard Binary Option shops don't send you your money when you win! Let me know how it works and if you can get your money back out!
I have been a trader on Stockpair since October 2013 and it's end of July 2014 now.
Fortunately, I'm a profitable trader and I can personally vouch for Stockpair as a legit organisation. I have won over 20K USD in profit on Stockpair and have had no issues making withdrawals. Payment is usually transferred within a few days of making the request.
I've been with a number of brokers over the years, and few of them are as transparent and as 'clean' as Stockpair. Just my 2 cents!
Fortunately, I'm a profitable trader and I can personally vouch for Stockpair as a legit organisation. I have won over 20K USD in profit on Stockpair and have had no issues making withdrawals. Payment is usually transferred within a few days of making the request.
I've been with a number of brokers over the years, and few of them are as transparent and as 'clean' as Stockpair. Just my 2 cents!
Of course it does. No one knows more than me how often brokers provide their own anonymous "testimonials" online. But I am a private trader, I've written an entire blog about my journey through binary options (good and bad) over on cogbay.com if you need affirmation!
Take or leave my comments, I don't mind! I already know how hard it is to decipher fact from fiction in this game!
Take or leave my comments, I don't mind! I already know how hard it is to decipher fact from fiction in this game!
Just a suggestion here....
Instead of dealing with shady brokers why don't you consider hiring someone like http://www.spreadprofessor.wildapricot.org/ to teach you how to make a living from spread trading. Spread trading is a legit strategy backed by stastical data.
Instead of dealing with shady brokers why don't you consider hiring someone like http://www.spreadprofessor.wildapricot.org/ to teach you how to make a living from spread trading. Spread trading is a legit strategy backed by stastical data.