STFOREX REVIEW 2023: SHOULD YOU SIGN UP WITH THIS BROKER?Min. deposit10$Min. trade price1$Website addresshttps://stforex.com/Demo accountYesCurrencyAUDCADEURGBPRUBUSDSupported languagesEngRusActiveYes * The amount that will be credited to the account in the case of a successful deal Saqib Iqbal Author 10 min read Published: March 09, 2019 Updated: December 01, 2022 Views: 128Content WHAT IS STFOREX? WHO ARE STFOREX’S REGULATORS? HOW DOES STFOREX WORK? HOW DOES THE STFOREX PLATFORM WORK? WHAT ARE STFOREX TRADING ACCOUNTS? HOW SAFE IS STFOREX? WHERE IS STFOREX LOCATED? WHO OWNS STFOREX? HOW TO DEPOSIT FUNDS IN AN STFOREX ACCOUNT HOW TO WITHDRAW FUNDS FROM AN STFOREX ACCOUNT HOW TO CONTACT STFOREX DOES STFOREX OFFER PROMO CODES? DOES STFOREX OFFER BONUSES? DOES STFOREX CHARGE TAX ON PROFITS? HOW DO I MAKE MONEY WITH STFOREX? FAQsSTForex is a Russia-based brokerage company. It is one of the lesser-known brokers. So, the question is, should you choose STForex? Let’s see!HOW DOES STFOREX STAND OUT?Innovative currency trading: STForex provides traders with innovative trading. The innovative approach provides traders with a smooth trading experience.Promotions and loyalty program: There are a lot of loyalty programs and promotional services available for traders on STForex.WHAT IS STFOREX? You are familiar with the factors that make STForex stand out from other brokers. But what exactly is STForex? Curious? Here’s a brief description.STForex is a brokerage that is not very well-known. You come across these types of brokers through acquaintances or by chance. I came across the broker through an acquaintance.The broker was founded in 2014 in Russia. Its technological and innovative working approach distinguishes STForex. It uses effective mechanisms for protecting and monitoring the trader’s interests.The minimum deposit of about $10 is affordable for traders. STForex is available in 5 countries with over 400,000 clients as an internet forex trading platform.It gives access to the most advanced trading platform, Metatrader 4, which allows a virtual trade using various assets and online profit-making. It provides the benefits of speed and convenience in the currency markets. You can read more detailed information about this broker on its website.Further reading OptionsHouse by E*Trade - overview of the trading platform ExpertOption - a review of new online trading platform CumRocket, The Naughty Boy Of Cryptocurrencies Free Online Interactive Binary Options Charts and Why You Should Use Them What is PiCoin and how to mine it using a mobile app? COTI Price Prediction And Forecast 2023–2026WHO ARE STFOREX’S REGULATORS? STForex has been in the market for around seven years. So, the broker must be regulated? Not quite! Let’s discuss this.STForex is not a regulated brokerage company. There is no mention of any regulatory authority on the official website of STForex. It is a huge drawback for a brokerage company to be non-regulated. Brokers must be regulated and licensed by well-known governing bodies, such asFCA (Financial Conduct Authority) orASIC (Australian Securities and Investments Commission).The non-regulation made me leave the brokerage account. I don’t trade with non-regulated brokers. Why? Because I don’t have any protection for my funds.Further reading How to Read Candlestick Charts? (The Battle of 2 Species) What Is Swap (XWP) And Why You Should Invest In It IC Markets Broker Overview Binary.com review 2023: Is it worth it? Trader's diary. Why and for what you need it? What is PiCoin and how to mine it using a mobile app?HOW DOES STFOREX WORK? To invest in any broker, you first need to know what it offers. STForex offers plenty of tradable assets. For a non-regulated broker, STForex’s range of tradable assets is good. Here’s a description of how this platform works.Let’s talk a bit about the assets.ForexGBP/USDEUR/USDUSD/CHFUSD/JPYUSD/ZARAUD/USD and many moreStocksAlcoa Corp (AA)Apple Inc. (AAPL)Adobe Inc. (ADBE)American Electric Power Company Inc. (AEP)Alexion Pharma (ALXN)Amazon (AMZN)American Express Company (AXP)Boeing Co (BA)Alibaba Group Holding Ltd (BABA)Bank of America Corp (BAC)Baidu Inc (BIDU)Biogen Inc (BIIB)CryptocurrencyBitcoin Cash (BCH)Bitcoin (BTC)Litecoin (LTC)Ethereum (ETH)MetalsGold (XAU)Silver (XAG)IndexesDAXDJIAF40EURFTSE100NASDAQS&P500STXEURSTForex assetsFurther reading Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage How To Identify Stocks Gaps Properly? (The 4 Gap Types) CumRocket, The Naughty Boy Of Cryptocurrencies IG review 2023: should you sign up with the broker? eOption review 2023: should you sign up with this broker? How to Read Candlestick Charts? (The Battle of 2 Species)HOW DOES THE STFOREX PLATFORM WORK? As I mentioned earlier, STForex stepped into the world of financial markets in 2014.It has been user-friendly since the beginning and that is one of this broker’s strongest suits. Like many other brokers, it provides popular trading platforms. Let’s see what they are.On STForex, you have MetaTrader 4. MetaTrader 4 is available for desktop and mobile phones. The platform allows traders to engage in market analysis and stay in touch with market updates.The mobile versions provide more or less the same features as the desktop version. Some features the site advertises itself are mentioned below on its platforms page. Oh, and the app is free to download!STForex packagesWHAT TRADING INDICATORS ARE AVAILABLE?As mentioned above, STForex uses the MT4 platform. It has several built-in indicators for technical and fundamental analysis. Furthermore, it has various chart types, which make understanding easier. Some of the common indicators are:RSIBollinger BandsMACDStochasticsVolumeMoving Averages, and many moreFurther reading WELTRADE review 2023: should you sign up with this broker? What Is Swap (XWP) And Why You Should Invest In It Trader's diary. Why and for what you need it? IQ Option Review 2023: Is It Worth It? FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? Discover the Magical 300-Year-Old Principles Called Technical AnalysisWHAT ARE STFOREX TRADING ACCOUNTS? I think you can tell a broker will be good if it has multiple account types. When I first saw STForex’s account types, I was impressed. Although the minimum deposit was high. Let me explain what account types are available.After you are registered on STForex, it will give you four different account options. STForex has several trading accounts for traders to try their trading strategies. These are the accounts offered by STForex:Cent accountClassic accountPro accountLet’s discuss these accounts in detailCent AccountThe Cent account is the basic account type at STForex. The account has a low level of stop-out and margin calls and allows traders to minimize the risks. Cent accounts can help you a lot when you are starting. I have a detailed guide on the forex cent accounts. You can check it out here.Classic AccountSTForex provides its traders with a Classic account. The account has an instant execution type and an execution speed of 0.7 seconds. It has a fixed spread of 2 pips. The Classic account has the same minimum deposit as the Cent account: $10. It has a minimum lot of 0.1 and a maximum lot of 100. STForex’s Classic account has a leverage of 1:10 to 1:1,000.Pro AccountThe Pro account provided by STForex is for experienced traders. The account has an instant execution type and an execution speed of 0.3 seconds. It has a fixed spread of 0.3 points. The Pro account also provides the traders with commissions; 10$ for one lot, and in CFD, it starts from 0.2%.It has the same lot percentages as the Classic account. STForex’s Pro account has a leverage of 1:10 to 1:100. The account has several benefits, but there are also risks involved in it.STForex account typesDOES STFOREX OFFER A DEMO ACCOUNT?If you want to get the feel of the market, you should look for a broker that has a demo account. Here’s a good thing. STForex also offers first-time traders their demo accounts. This demo account is a practice tool for new traders. There is no definite limit to virtual funds. You can get the funds by registering your account on the official STForex website.Further reading Olymp Trade - a review of trusted and reliable trading platform E-Trade feedback on the trading platform FXCM Review - Best Forex Brokers Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage ZENITH TRADING STRATEGY FOR BINARY OPTIONS FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading?HOW SAFE IS STFOREX? When selecting any broker, safety should be your priority. I am sure you do not want to risk any money. So, what about STForex? Let’s find out!We discussed how STForex does not have any regulatory licensing. Rightfully so, plenty of user reviews have expressed concern about this. And there isn’t much info about safety. I can only say this; use this broker with caution.Further reading What Is AdvCash Or An Off-shore Payment Card Alternative How to Use Charts for Smart Trading Decisions FXCM Review - Best Forex Brokers ROBINHOOD APP REVIEW 2023: IS IT WORTH A TRY? EXANTE BROKER REVIEW 2023: FEES AND BENEFITS Discover the Magical 300-Year-Old Principles Called Technical AnalysisWHERE IS STFOREX LOCATED? It is important to know the location of any broker. So, where is STForex located? Does STForex have various offices, or does it have a single location? Let’s go through these!STForex is a Russia-based brokerage platform. It is located in Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. STForex also has a side branch in STF Financial LLC, Office 511, Nemiga Street 3, Minsk, Republic of Belarus.STForex locationFurther reading AMP: The Key To Crypto Payments In 2023 How to Make a Sideways Trend Work for You: Trading Strategy CLM Forex (Core Liquidity Markets) - Broker Review Investors take Forex platform ROFX and its founders to court City Index: Review & Trader Feedback of the UK Platform Grand Capital Broker Overview - Pros, Cons, and WarningsWHO OWNS STFOREX? Having discussed where STForex is, who owns it? It is interesting to find out whether one person owns a broker or if it is under a parent company. What about STForex?Let’s find out!STForex Group of Companies owns the STForex brokerage platform.Further reading BDSwiss review of licensed forex broker IG review 2023: should you sign up with the broker? BEST ONLINE EARNING APPS IN PAKISTAN IN 2023 (AUTHENTIC WAYS) Etoro Review: A CFD and Forex Broker with a Social Trading Opportunity Swissquote review 2023: should you sign up with this broker? What is PiCoin and how to mine it using a mobile app?HOW TO DEPOSIT FUNDS IN AN STFOREX ACCOUNT STForex provides traders with different deposit options. These deposit options are easy and reliable. Want to deposit your money in STForex? Here’s a quick guide!STForex provides traders with different deposit options. These deposit methods areMasterCardVisa debit or credit card.WebMoneyQiwi WalletPerfect MoneyYandex MoneySTForex also allows traders to use bank transfers. The transfer can be done through the bank branch or an internet banking service. The minimum first-time deposit is $200. STForex also charges cash-out fees depending on the selected payment system.Further reading Building Small Profits, Fast: How to Use an Options Scalping Strategy for Trading What Is Elrond and How to Use This Crypto Wallet? IG review 2023: should you sign up with the broker? Exness Review: A Top-Notch Forex Broker and the Official Partner of Real Madrid TD Ameritrade review 2023: should you sign up with this broker? WELTRADE review 2023: should you sign up with this broker?HOW TO WITHDRAW FUNDS FROM AN STFOREX ACCOUNT STForex withdrawal methods are simple and convenient. The withdrawal methods are the same as the deposit methods. Want to know more? Let’s seeYou can withdraw using the following methodsMasterCardVisa debit or credit card.WebMoneyQiwi WalletPerfect MoneyYandex MoneyThe withdrawal processing can take 2 to 5 business days.STForex deposits and withdrawalsFurther reading Review of the OctaFX Forex and CFD Broker ALLY INVEST REVIEW 2023: SHOULD YOU SIGN UP WITH THIS BROKER? Discover the Magical 300-Year-Old Principles Called Technical Analysis City Index: Review & Trader Feedback of the UK Platform OptionsHouse by E*Trade - overview of the trading platform What Is an OptionHOW TO CONTACT STFOREX For traders’ convenience, STForex provides contact services. I did contact them when I was trading with them. The support team was quick and helpful. Let’s see how you can contact STForex.You can send an email to the STForex support center at info@stforex.com. You can also phone their support center at +7 495 128-03-23. In addition, you can send them a direct message on their website message portal.STForex contactFurther reading How to Trade Trend Channels and Ranges (Rising, Falling and Sideways Price Channels) What Is Flare Network and What Does It Do? What Is Swap (XWP) And Why You Should Invest In It OvalX Review - What You Need to Know (formerly ETX Capital) ExpertOption - a review of new online trading platform ZENITH TRADING STRATEGY FOR BINARY OPTIONSDOES STFOREX OFFER PROMO CODES? Promotional codes are a marketing strategy used by brokers. The strategy works almost every time. STForex also provides promo codes to traders. Here’s a quick look at these promotional codes.STForex has several promotional offers throughout the year. They offer a full promo code on the first trade for the new traders on the platform. These promotional codes can be found on STForex’s official website.In 2021, after using the STForex platform for six months, I got my first promo code. The promo code offered me a 10% discount on every $200-or-above asset purchase for a single time. It is amazing, right?STForex sends traders promo code offers via email, so keep checking for them. You can find these promotional services on other verified coupon websites. But beware of fake coupons!!Many brokers offer promo codes, Weltrade offers promos as well as weekly prizes. Check it out here.Further reading COTI Price Prediction And Forecast 2023–2026 How to Make a Sideways Trend Work for You: Trading Strategy NordFX - Reviews And Forex Trading Platform Review OptionsHouse by E*Trade - overview of the trading platform 15 Types Of Trading: Choose Your Style Etoro Review: A CFD and Forex Broker with a Social Trading OpportunityDOES STFOREX OFFER BONUSES? To get maximum user interaction, the broker often provides bonuses. STForex also offers traders different bonus offers. Want to know about these bonuses? Let’s take a look at them.Traders trading Classic and Cent accounts have direct access to the bonus program, which allows the traders to get up to 200% on their deposit. This is only applicable when the assets are worth $200.The bonus is paid every Monday as a spread during the open position. STForex does not provide the ST-PRO account holders with any bonus.Further reading Etoro Review: A CFD and Forex Broker with a Social Trading Opportunity How To Identify Stocks Gaps Properly? (The 4 Gap Types) Gerchik & Co - overview of forex trading platform BDSwiss review of licensed forex broker OvalX Review - What You Need to Know (formerly ETX Capital) FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million usersDOES STFOREX CHARGE TAX ON PROFITS? There is a tax on every single penny you earn. I have discussed all the possible ways to earn money on STForex. How about the taxes? Let’s see!STForex does not charge any additional taxes on profits, but if your country has profit taxes as the UK has rules on crypto taxation, you are liable to pay them.Further reading 10TRADEFX REVIEW 2023: IS IT WORTH IT? Option Robot Review - The Best Auto Binary Trading System? How to Make a Sideways Trend Work for You: Trading Strategy OvalX Review - What You Need to Know (formerly ETX Capital) IC Markets Broker Overview 10 Best Crypto Signals 2023 (Free & Paid)HOW DO I MAKE MONEY WITH STFOREX? STForex has been around for some time, and I didn’t know much about the broker. I got to know more about it through some common acquaintances. So, I signed up and opened a cent account.The overall trading conditions are good, but there is no regulatory licensing. It made me step back and I closed the account. However, I dug deeper into the broker and gathered enough information to write a review. So, let’s discover everything we can about STForex. First, let’s see what others are saying:Further reading WELTRADE review 2023: should you sign up with this broker? What Is Chainlink? The Decentralized Oracle Network What Is Swap (XWP) And Why You Should Invest In It How Сan Binary Options Brokers Cheat You? How To Identify Stocks Gaps Properly? (The 4 Gap Types) NordFX - Reviews And Forex Trading Platform Review FAQs How can I close my STForex account?You must contact the support team to close an account. The entire process can take anything from a few days to a week. Do I need to download any trading software?You do need to download the MT4 platform for trading with STForex. Then, you must sign up and deposit money into your account to start trading.FINAL THOUGHTSThere you have it! We truly went over and under STForex. We evaluated its pros and cons. The obvious con is the lack of regulation. However, the broker does provide an MT4 platform and several tradable assets.So, I would give the broker a 2/5. I hope this review was useful to you and helped you make a decision. If you are looking for legit forex brokers, you can check the complete list of brokers here.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading HOW TO SURVIVE LOSING MONEY AS A BINARY OPTIONS TRADER ZENITH TRADING STRATEGY FOR BINARY OPTIONS TD Ameritrade review 2023: should you sign up with this broker? MetaTrader 4 Review: A Free Comprehensive Trading Platform for Experts and Novices Finrally binary options review 2023: should you sign up with this broker? Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage
Saqib Iqbal Author 10 min read Published: March 09, 2019 Updated: December 01, 2022 Views: 128Content WHAT IS STFOREX? WHO ARE STFOREX’S REGULATORS? HOW DOES STFOREX WORK? HOW DOES THE STFOREX PLATFORM WORK? WHAT ARE STFOREX TRADING ACCOUNTS? HOW SAFE IS STFOREX? WHERE IS STFOREX LOCATED? WHO OWNS STFOREX? HOW TO DEPOSIT FUNDS IN AN STFOREX ACCOUNT HOW TO WITHDRAW FUNDS FROM AN STFOREX ACCOUNT HOW TO CONTACT STFOREX DOES STFOREX OFFER PROMO CODES? DOES STFOREX OFFER BONUSES? DOES STFOREX CHARGE TAX ON PROFITS? HOW DO I MAKE MONEY WITH STFOREX? FAQsSTForex is a Russia-based brokerage company. It is one of the lesser-known brokers. So, the question is, should you choose STForex? Let’s see!HOW DOES STFOREX STAND OUT?Innovative currency trading: STForex provides traders with innovative trading. The innovative approach provides traders with a smooth trading experience.Promotions and loyalty program: There are a lot of loyalty programs and promotional services available for traders on STForex.WHAT IS STFOREX? You are familiar with the factors that make STForex stand out from other brokers. But what exactly is STForex? Curious? Here’s a brief description.STForex is a brokerage that is not very well-known. You come across these types of brokers through acquaintances or by chance. I came across the broker through an acquaintance.The broker was founded in 2014 in Russia. Its technological and innovative working approach distinguishes STForex. It uses effective mechanisms for protecting and monitoring the trader’s interests.The minimum deposit of about $10 is affordable for traders. STForex is available in 5 countries with over 400,000 clients as an internet forex trading platform.It gives access to the most advanced trading platform, Metatrader 4, which allows a virtual trade using various assets and online profit-making. It provides the benefits of speed and convenience in the currency markets. You can read more detailed information about this broker on its website.Further reading OptionsHouse by E*Trade - overview of the trading platform ExpertOption - a review of new online trading platform CumRocket, The Naughty Boy Of Cryptocurrencies Free Online Interactive Binary Options Charts and Why You Should Use Them What is PiCoin and how to mine it using a mobile app? COTI Price Prediction And Forecast 2023–2026WHO ARE STFOREX’S REGULATORS? STForex has been in the market for around seven years. So, the broker must be regulated? Not quite! Let’s discuss this.STForex is not a regulated brokerage company. There is no mention of any regulatory authority on the official website of STForex. It is a huge drawback for a brokerage company to be non-regulated. Brokers must be regulated and licensed by well-known governing bodies, such asFCA (Financial Conduct Authority) orASIC (Australian Securities and Investments Commission).The non-regulation made me leave the brokerage account. I don’t trade with non-regulated brokers. Why? Because I don’t have any protection for my funds.Further reading How to Read Candlestick Charts? (The Battle of 2 Species) What Is Swap (XWP) And Why You Should Invest In It IC Markets Broker Overview Binary.com review 2023: Is it worth it? Trader's diary. Why and for what you need it? What is PiCoin and how to mine it using a mobile app?HOW DOES STFOREX WORK? To invest in any broker, you first need to know what it offers. STForex offers plenty of tradable assets. For a non-regulated broker, STForex’s range of tradable assets is good. Here’s a description of how this platform works.Let’s talk a bit about the assets.ForexGBP/USDEUR/USDUSD/CHFUSD/JPYUSD/ZARAUD/USD and many moreStocksAlcoa Corp (AA)Apple Inc. (AAPL)Adobe Inc. (ADBE)American Electric Power Company Inc. (AEP)Alexion Pharma (ALXN)Amazon (AMZN)American Express Company (AXP)Boeing Co (BA)Alibaba Group Holding Ltd (BABA)Bank of America Corp (BAC)Baidu Inc (BIDU)Biogen Inc (BIIB)CryptocurrencyBitcoin Cash (BCH)Bitcoin (BTC)Litecoin (LTC)Ethereum (ETH)MetalsGold (XAU)Silver (XAG)IndexesDAXDJIAF40EURFTSE100NASDAQS&P500STXEURSTForex assetsFurther reading Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage How To Identify Stocks Gaps Properly? (The 4 Gap Types) CumRocket, The Naughty Boy Of Cryptocurrencies IG review 2023: should you sign up with the broker? eOption review 2023: should you sign up with this broker? How to Read Candlestick Charts? (The Battle of 2 Species)HOW DOES THE STFOREX PLATFORM WORK? As I mentioned earlier, STForex stepped into the world of financial markets in 2014.It has been user-friendly since the beginning and that is one of this broker’s strongest suits. Like many other brokers, it provides popular trading platforms. Let’s see what they are.On STForex, you have MetaTrader 4. MetaTrader 4 is available for desktop and mobile phones. The platform allows traders to engage in market analysis and stay in touch with market updates.The mobile versions provide more or less the same features as the desktop version. Some features the site advertises itself are mentioned below on its platforms page. Oh, and the app is free to download!STForex packagesWHAT TRADING INDICATORS ARE AVAILABLE?As mentioned above, STForex uses the MT4 platform. It has several built-in indicators for technical and fundamental analysis. Furthermore, it has various chart types, which make understanding easier. Some of the common indicators are:RSIBollinger BandsMACDStochasticsVolumeMoving Averages, and many moreFurther reading WELTRADE review 2023: should you sign up with this broker? What Is Swap (XWP) And Why You Should Invest In It Trader's diary. Why and for what you need it? IQ Option Review 2023: Is It Worth It? FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? Discover the Magical 300-Year-Old Principles Called Technical AnalysisWHAT ARE STFOREX TRADING ACCOUNTS? I think you can tell a broker will be good if it has multiple account types. When I first saw STForex’s account types, I was impressed. Although the minimum deposit was high. Let me explain what account types are available.After you are registered on STForex, it will give you four different account options. STForex has several trading accounts for traders to try their trading strategies. These are the accounts offered by STForex:Cent accountClassic accountPro accountLet’s discuss these accounts in detailCent AccountThe Cent account is the basic account type at STForex. The account has a low level of stop-out and margin calls and allows traders to minimize the risks. Cent accounts can help you a lot when you are starting. I have a detailed guide on the forex cent accounts. You can check it out here.Classic AccountSTForex provides its traders with a Classic account. The account has an instant execution type and an execution speed of 0.7 seconds. It has a fixed spread of 2 pips. The Classic account has the same minimum deposit as the Cent account: $10. It has a minimum lot of 0.1 and a maximum lot of 100. STForex’s Classic account has a leverage of 1:10 to 1:1,000.Pro AccountThe Pro account provided by STForex is for experienced traders. The account has an instant execution type and an execution speed of 0.3 seconds. It has a fixed spread of 0.3 points. The Pro account also provides the traders with commissions; 10$ for one lot, and in CFD, it starts from 0.2%.It has the same lot percentages as the Classic account. STForex’s Pro account has a leverage of 1:10 to 1:100. The account has several benefits, but there are also risks involved in it.STForex account typesDOES STFOREX OFFER A DEMO ACCOUNT?If you want to get the feel of the market, you should look for a broker that has a demo account. Here’s a good thing. STForex also offers first-time traders their demo accounts. This demo account is a practice tool for new traders. There is no definite limit to virtual funds. You can get the funds by registering your account on the official STForex website.Further reading Olymp Trade - a review of trusted and reliable trading platform E-Trade feedback on the trading platform FXCM Review - Best Forex Brokers Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage ZENITH TRADING STRATEGY FOR BINARY OPTIONS FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading?HOW SAFE IS STFOREX? When selecting any broker, safety should be your priority. I am sure you do not want to risk any money. So, what about STForex? Let’s find out!We discussed how STForex does not have any regulatory licensing. Rightfully so, plenty of user reviews have expressed concern about this. And there isn’t much info about safety. I can only say this; use this broker with caution.Further reading What Is AdvCash Or An Off-shore Payment Card Alternative How to Use Charts for Smart Trading Decisions FXCM Review - Best Forex Brokers ROBINHOOD APP REVIEW 2023: IS IT WORTH A TRY? EXANTE BROKER REVIEW 2023: FEES AND BENEFITS Discover the Magical 300-Year-Old Principles Called Technical AnalysisWHERE IS STFOREX LOCATED? It is important to know the location of any broker. So, where is STForex located? Does STForex have various offices, or does it have a single location? Let’s go through these!STForex is a Russia-based brokerage platform. It is located in Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. STForex also has a side branch in STF Financial LLC, Office 511, Nemiga Street 3, Minsk, Republic of Belarus.STForex locationFurther reading AMP: The Key To Crypto Payments In 2023 How to Make a Sideways Trend Work for You: Trading Strategy CLM Forex (Core Liquidity Markets) - Broker Review Investors take Forex platform ROFX and its founders to court City Index: Review & Trader Feedback of the UK Platform Grand Capital Broker Overview - Pros, Cons, and WarningsWHO OWNS STFOREX? Having discussed where STForex is, who owns it? It is interesting to find out whether one person owns a broker or if it is under a parent company. What about STForex?Let’s find out!STForex Group of Companies owns the STForex brokerage platform.Further reading BDSwiss review of licensed forex broker IG review 2023: should you sign up with the broker? BEST ONLINE EARNING APPS IN PAKISTAN IN 2023 (AUTHENTIC WAYS) Etoro Review: A CFD and Forex Broker with a Social Trading Opportunity Swissquote review 2023: should you sign up with this broker? What is PiCoin and how to mine it using a mobile app?HOW TO DEPOSIT FUNDS IN AN STFOREX ACCOUNT STForex provides traders with different deposit options. These deposit options are easy and reliable. Want to deposit your money in STForex? Here’s a quick guide!STForex provides traders with different deposit options. These deposit methods areMasterCardVisa debit or credit card.WebMoneyQiwi WalletPerfect MoneyYandex MoneySTForex also allows traders to use bank transfers. The transfer can be done through the bank branch or an internet banking service. The minimum first-time deposit is $200. STForex also charges cash-out fees depending on the selected payment system.Further reading Building Small Profits, Fast: How to Use an Options Scalping Strategy for Trading What Is Elrond and How to Use This Crypto Wallet? IG review 2023: should you sign up with the broker? Exness Review: A Top-Notch Forex Broker and the Official Partner of Real Madrid TD Ameritrade review 2023: should you sign up with this broker? WELTRADE review 2023: should you sign up with this broker?HOW TO WITHDRAW FUNDS FROM AN STFOREX ACCOUNT STForex withdrawal methods are simple and convenient. The withdrawal methods are the same as the deposit methods. Want to know more? Let’s seeYou can withdraw using the following methodsMasterCardVisa debit or credit card.WebMoneyQiwi WalletPerfect MoneyYandex MoneyThe withdrawal processing can take 2 to 5 business days.STForex deposits and withdrawalsFurther reading Review of the OctaFX Forex and CFD Broker ALLY INVEST REVIEW 2023: SHOULD YOU SIGN UP WITH THIS BROKER? Discover the Magical 300-Year-Old Principles Called Technical Analysis City Index: Review & Trader Feedback of the UK Platform OptionsHouse by E*Trade - overview of the trading platform What Is an OptionHOW TO CONTACT STFOREX For traders’ convenience, STForex provides contact services. I did contact them when I was trading with them. The support team was quick and helpful. Let’s see how you can contact STForex.You can send an email to the STForex support center at info@stforex.com. You can also phone their support center at +7 495 128-03-23. In addition, you can send them a direct message on their website message portal.STForex contactFurther reading How to Trade Trend Channels and Ranges (Rising, Falling and Sideways Price Channels) What Is Flare Network and What Does It Do? What Is Swap (XWP) And Why You Should Invest In It OvalX Review - What You Need to Know (formerly ETX Capital) ExpertOption - a review of new online trading platform ZENITH TRADING STRATEGY FOR BINARY OPTIONSDOES STFOREX OFFER PROMO CODES? Promotional codes are a marketing strategy used by brokers. The strategy works almost every time. STForex also provides promo codes to traders. Here’s a quick look at these promotional codes.STForex has several promotional offers throughout the year. They offer a full promo code on the first trade for the new traders on the platform. These promotional codes can be found on STForex’s official website.In 2021, after using the STForex platform for six months, I got my first promo code. The promo code offered me a 10% discount on every $200-or-above asset purchase for a single time. It is amazing, right?STForex sends traders promo code offers via email, so keep checking for them. You can find these promotional services on other verified coupon websites. But beware of fake coupons!!Many brokers offer promo codes, Weltrade offers promos as well as weekly prizes. Check it out here.Further reading COTI Price Prediction And Forecast 2023–2026 How to Make a Sideways Trend Work for You: Trading Strategy NordFX - Reviews And Forex Trading Platform Review OptionsHouse by E*Trade - overview of the trading platform 15 Types Of Trading: Choose Your Style Etoro Review: A CFD and Forex Broker with a Social Trading OpportunityDOES STFOREX OFFER BONUSES? To get maximum user interaction, the broker often provides bonuses. STForex also offers traders different bonus offers. Want to know about these bonuses? Let’s take a look at them.Traders trading Classic and Cent accounts have direct access to the bonus program, which allows the traders to get up to 200% on their deposit. This is only applicable when the assets are worth $200.The bonus is paid every Monday as a spread during the open position. STForex does not provide the ST-PRO account holders with any bonus.Further reading Etoro Review: A CFD and Forex Broker with a Social Trading Opportunity How To Identify Stocks Gaps Properly? (The 4 Gap Types) Gerchik & Co - overview of forex trading platform BDSwiss review of licensed forex broker OvalX Review - What You Need to Know (formerly ETX Capital) FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million usersDOES STFOREX CHARGE TAX ON PROFITS? There is a tax on every single penny you earn. I have discussed all the possible ways to earn money on STForex. How about the taxes? Let’s see!STForex does not charge any additional taxes on profits, but if your country has profit taxes as the UK has rules on crypto taxation, you are liable to pay them.Further reading 10TRADEFX REVIEW 2023: IS IT WORTH IT? Option Robot Review - The Best Auto Binary Trading System? How to Make a Sideways Trend Work for You: Trading Strategy OvalX Review - What You Need to Know (formerly ETX Capital) IC Markets Broker Overview 10 Best Crypto Signals 2023 (Free & Paid)HOW DO I MAKE MONEY WITH STFOREX? STForex has been around for some time, and I didn’t know much about the broker. I got to know more about it through some common acquaintances. So, I signed up and opened a cent account.The overall trading conditions are good, but there is no regulatory licensing. It made me step back and I closed the account. However, I dug deeper into the broker and gathered enough information to write a review. So, let’s discover everything we can about STForex. First, let’s see what others are saying:Further reading WELTRADE review 2023: should you sign up with this broker? What Is Chainlink? The Decentralized Oracle Network What Is Swap (XWP) And Why You Should Invest In It How Сan Binary Options Brokers Cheat You? How To Identify Stocks Gaps Properly? (The 4 Gap Types) NordFX - Reviews And Forex Trading Platform Review FAQs How can I close my STForex account?You must contact the support team to close an account. The entire process can take anything from a few days to a week. Do I need to download any trading software?You do need to download the MT4 platform for trading with STForex. Then, you must sign up and deposit money into your account to start trading.FINAL THOUGHTSThere you have it! We truly went over and under STForex. We evaluated its pros and cons. The obvious con is the lack of regulation. However, the broker does provide an MT4 platform and several tradable assets.So, I would give the broker a 2/5. I hope this review was useful to you and helped you make a decision. If you are looking for legit forex brokers, you can check the complete list of brokers here.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading HOW TO SURVIVE LOSING MONEY AS A BINARY OPTIONS TRADER ZENITH TRADING STRATEGY FOR BINARY OPTIONS TD Ameritrade review 2023: should you sign up with this broker? MetaTrader 4 Review: A Free Comprehensive Trading Platform for Experts and Novices Finrally binary options review 2023: should you sign up with this broker? Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage