Stockpair Video Review:
Stockpair.com is new breed of internet based brokers who are offering investors a way of investing in stocks. With stock pair trading, investors can now trade stocks in a way that is along the same line currency pair trading. Although, it does sound complicated, in essence, all the investor needs to know is background information about the stocks that are being paired up. And like in Forex, investors just need to bet on the stock he or she thinks will be the winner.
The Trading Platform
Established in Ireland in 2010, the trading platform Stockpair.com is proprietary platform that managed by by Nextrade Worldwide Ltd. in Cyprus. The trading platform thrives on simplicity and avoids all the complicated financial jargons which we normally find brokers uses. In addition, the trading platform is web based allowing investors the flexibility to trade from anywhere around the globe.
Fixed and Floating Pairs
There are two types of pair options which investors can trade in:
- Fixed Pair Options
With fixed pair options, the way how the stocks’ performance is determined is from their relative performance from the time of purchase to the expiration time.
- Floating Pair Options
As for floating pair options, the stocks’ performance is judged from their relative performance during a predefined period during which the trade took place. This can be a day, a week or even a month. In contrast to fixed pair options, the relative performance of the floating pair stocks are measured from the start of this predefined period and not from the start of the trade like fixed pair options.
Types of trading accounts offered
Stockpair.com recognizes that each trader has his or her own trading style. As such, they offer their clients four (4) different account plans:
- Silver Account
- Gold Account
- Platinum Account
- VIP Account
Each type of account has its own minimum deposit requirement and benefits conferred with VIP trading accounts having the most benefits and highest minimum deposit requirement. One good thing about the account plans is the fact that you will automatically get upgraded once you reached the minimum deposit requirements.
The payout for the trades depends on the type of options that the investor is buying. With fixed pair options, the payout is as higher as 86%. As for floating pair options, the payout is even higher, with the possibility of reaching 350%.
Stockpair.com offers their clients trading in Forex, equities, indices and commodities. There is a range of around 150 types of underlying assets to choose from.
Customer Support is available through live chat, email and telephone. The email addresses provided include:
The telephone support numbers are:
- Australia: +61 261710710
- Bahrain: +973 16199853
- Canada: +1(416)8001693
- Cyprus: +35 725025062
- France: +33 975180570
- Hong Kong: +85 236931492
- Italy: +39 0699367406
- South Africa: +27 105003980
- Spain: +34 911230437
- UK: +44 2030269430
- USA: +1(917)3832217
- Worldwide: +44 2030269430
In addition, for the convenience of their clients, Stockpair.com’s website supports the following major languages:
Deposit Options & Reliability
For the deposits of trading funds, there are several options available for stockpair.com’s clients. They can do this through major credit cards like VISA or MasterCard or through other payment processors like Moneybookers and cashU. Wire transfer is also available. Deposits can be done with British Pound, Euros or US dollars.
As for withdrawal of funds, this normally done through the same way that the funds are deposited. Processing of withdrawals is said to take 2 business days although it can be faster. Funds are expected to be credited into the client’s account within 3 to 7 business days. The actual time will depend on the payment processor used by the client.
- High returns of up to 350%
- Wide range of underlying assets for trading
- Different types of trading accounts to suit different trading styles
- Simple and user friendly trading platform
- Market Review section provide good Daily View about the market
- Trade Simulator for training
- Minimum Balance of 200 Euros/Pounds/US Dollar required in order to be eligible for a plan
- No refund for out-of the-money trades
- No trading when the markets are closed
To recap, Stockpair.com offers a totally new exciting way to profit from the equity market. Not only is trading simplified by their innovative trading platform, the percentage returns of up to 350% offered by Stokpair.com is unheard of in the online trading world. As a broker who has been around for while, this recent market innovation of theirs is certainly worth checking out.