Stockscale Ethereum Broker Review
Ethereum Trading Online
Stockscale Ethereum Broker | Ethereum Trading Online
Stockscale Ethereum Broker has been offering Ethereum ( ETH) as one of their cryptocurrencies. ( BTC, LTC XRP also).
Broker | Stockscale.io |
---|---|
Website URL | https://www.stockscale.io |
Founded | 2022 |
Free Demo Account | Yes |
US Traders Allowed | No |
Is Stockscale io a scam?
Is Stockscale the right Forex broker for you?
Read here a trusted Stockscale Review, based on real facts and lots of hours of internet research by our professional reviewing team!
Stockscale is a brand of Preparme Limited and operates under the domain: https://Stockscale.io
Introduction
Stockscale is an online trading forex broker based in the Charlestown, Nevis, West Indies. Founded in 2022,
Nevis is a common base of operations for Offshore Forex Brokers, because the registration process is cheap and regulatory requirements are very limited.
One of the most exciting things about Stockscale is that you can deposit in Bitcoins without sending verification documents.
Stockscale Sign Up:
You can sign up for an account on Stockscale using your email address.
Once signed up, you can verify your identity and open your account for funding your account. The KYC which they do require can then be send to them to have your account operational. In general the KYC is needed the moment you plan to make a withdraw as this is required by the AML protocols.
A demo account is automatically created when you finish signing up. This allows you to test the platform and get comfortable with trading in the platform and with all the various cryptocurrency and fiat currency options.
Trading Experience:
Stockscale offers an impressive array of financial instruments. These include cryptocurrencies, precious metals, indices, oil and currency pairs. In addition to the 50 currency pairs, there are also the most popular including ethereum cryptocurrency pairs. Stockscale provides a built-in Web interface.
The Web interface is easy to use and supports market, limit, stop and trailing stop orders. Many different user-friendly ways to initiating an order, such as clicking on a currency pair, are supported.
Some Stockscale traders express a concern about high swap rates, while others question Stockscale’s claim of being in partnership with the “top liquidity providers,” because of the size of their spreads.
Stockscale has a 24/5 live chat for support, and an email and ticket system.
Stockscale has a significant social media presence on Facebook, Twitter and LinkedIn.
Customer Support is available by email at [email protected] as well as an online form.
Customer Support is also available by phone at +447418355511
Stockscale io Trading Accounts:
With Stockscale you can choose from 4 account types designed with you in mind. Examine their major components and requirements, consider all the pros and cons, and select the one that meets all your investment goals.
All accounts offer no dealing desk, no trade commission and fast execution.
Leverage as high as 1:400 can also be offered. The level of leverage provided to each client depends upon the account balance, with more leverage being offered to those with a smaller balance. The leverage ranges from 1:100 to 1:400.
With Stockscale io’s accounts, a user must submit identify verification documents (KYC Requirements).
All account are allowed to trade in fiat currencies: AUD (Australian dollar), CAD (Canadian dollar), CHF (Swiss franc), CNY (Chinese Yuan), CZK (Czech Koruna), DKK (Danish Krone), EUR (Euro), GBP (Great Britain pound), JPY (Japanese Yen), NOK (Norwegian Krone), PLN (Polish zlaty), RUB (Russian Ruble), SEK (Swedish Krone), and of course the USD (U.S. dollar).
Stockscale allows the deposit and withdrawal of funds using the following:
- Bank wire transfer
- Credit/debit cards
- Bitcoin
Also note that there is zero charge for deposits and withdrawals. But you might be charged by your bank.
STOCKSCALE ISLAMIC ACCOUNT:
Stockscale take the interests of our clients seriously. To cater to our Muslim-friends, they offer Islamic accounts to comply with the Sharia Law.
A Forex Islamic account, also known as a swap-free account, allows our Muslim clients to hold their positions overnight without incurring any swap or rollover interest. They can enjoy the competitive trading conditions of Stockscale fuss-free. They offer them the same account types –BEGINNERS, STANDARD, PRO.
Their Islamic accounts function just like our regular account types. The only difference is that Islamic accounts have no swaps.
Opening an Islamic account with Stockscale is a pretty straightforward process. Their dedicated Client Support team will process your account within 1 business day. A confirmation will be sent to your email once done. All succeeding trading accounts opened by you at Stockscale will be automatically considered swap-free.
Minimum Initial Deposit:
There initial deposit with Stockscale is low and accessible. Accounts can be opened and funded with $5000. This provides a low barrier to entry for those who don’t have a lot of money, but want to get into Forex investing. With spreads as high as 1:100, the opportunity is there to really take advantage of the market.
Security on Stockscale:
Fiat currency funds are stored in segregated client accounts.
However, a true fact is that Stockscale is not regulated by any Financial Authority around the world and some traders think it is risky to deposit with them.
There are traders’ reports to have experienced issues with Stockscale, while the majority of traders have successfully traded and have experienced no issues, either with a beginners account or a Standard account.
Segregated Funds Account
Stockscale strictly handles client information, accounts and deposited funds by separating them into our segregated bank accounts. These funds are independently kept and separate from the funds of the company. Clients funds will not be used for day to day business operations such as utilities, rent or employee salaries.
Risk Management
Stockscale regularly conducts both internal and external audits to ensure our organization has met all the legal requirements that come with operating our business properly and safely. Additionally, they also regularly do KYC & AML reviews, assessments and employ several operational risk controls throughout the business.
Stockscale Trading Platforms:
Stockscale’s built-in Web platform are provided for all devices. they platform is a popular Forex trading software applications known in the world for being simple yet powerful.
Stockscale’s built-in Web interface strives to make it easy to trade in a platform-independent way without the need of downloading software thou you have this options for the desktop version
Stockscale Mobile:
Stockscale’s website is extremely mobile-friendly and allows safe browsing from practically any device. the trading platform supports iOS, Windows and Android to allow you to monitor and execute your trades on the go.
Conclusion
Stockscale offers a great opportunity for holders of Bitcoin to be able to deposit their coin and trade in a wide variety of markets , which is a great feature.
Stockscale seeks to simplify the Forex Trading by offering simple types of accounts. Right when you go to their website.
As a general conclusion, although Stockscale is not regulated, trading with Stockscale is worth checking out. The offer enough financial assets for you to trade and the spreads are fair.
Stockscale review Conclusion
Stockscale was established in 2022 it is an online Forex and CFD broker.
The broker offers the ability to trade more than 450 trading instruments across Forex, Indices, Shares, and Cryptocurrencies, from one trading account.
The commission rates of this broker are very competitive, as well as the ability to open Swap-Free accounts.
- Fees
- Security
- Trading platform
- Deposit and withdrawal
- Account opening
- Product portfolio
- Education
- Customer service
- General information
Based on our thorough analysis, Stockscale is a promising entry in the online CFD trading world. has the main focus on providing its customers with some of the most competitive trading conditions, combined with the sophisticated and Transparent trading environment approach.
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