Stockpair Demo Account
What Is StockPair?
StockPair is one of the most talked about and lauded binary options trading platforms in the industry today. It boasts clients in over 100 countries and claims to offer profit margins that are as much as 350 percent. It is certainly making waves in the industry, therefore, so we wanted to see what all the fuss was about.
The initial website experience is a good start. There is plenty of information explaining what the platform does, who the company is, and what you can expect when you sign up. There is also some information on binary options and the opportunities that are available. It is a website that certainly looks professional.
It highlights prominently its unique features. These include the multiple trading options that are available including binary options, pair options, and more. Also, it is a broker that is officially regulated. This feature itself makes StockPair stand out from the crowd. After all, anyone can create a professional website if they take the time and make the effort to do so. Becoming a regulated binary options trading broker, however, is not easy to do.
Let’s now look at StockPair in more detail.
Everything about StockPair feels different to other binary options trading platforms that are available on the market. With other platforms, you get garbled messages, confusion, and a lack a transparency. It is hard to know if they are regulated, they don’t tell you about banking rules and procedures until you sign up. In addition, the information on their website, including customer reviews, lacks authenticity. StockPair is the opposite of this.
The company was founded in 2010 making it an established player in the binary options industry. It has evolved since it was first launched, and today offers once of the most advanced and trusted binary options trading platforms available.
The StockPair trading platform is a trading name for the company Nextrade Worldwide Ltd which is based in Cyprus. As its main headquarters is in the EU it comes under the remit of CySEC – StockPair is fully registered and regulated. CySEC ensures StockPair operates to the EU’s Markets in Financial Instruments Directive (MiFID). This gives account holders at StockPair a high level of protection. In other words, StockPair is one of the few binary options brokers fully registered for regulation. They have also submitted applications for licenses from various other financial organisations. An example is Banque de France. This fact on its own doesn’t make it better than its competition, but it is important and gives customers peace of mind that StockPair is genuine, and the claims it makes are true.
When you combine this company-driven move towards regulation with the quality of the platform they provide, StockPair is in a commanding position in the market. They also have customer reviews on their side – a quick look at review websites and forums related to the binary options industry shows almost all StockPair customers are happy with the experience.
In addition, one of things you will notice when you look at the StockPair website and start using the platform, is they have built a solid company infrastructure with clearly defined policies and procedures, as well as robust and effective propriety trading software. This means there are modern banking options with lots of choice, transparent deposit and withdrawal policies, and comprehensive customer support that is easy to contact. The website also features the latest internet security protocols to protect the money and privacy of its customers. This includes 256-bit SSL encryption.
StockPair’s Trading Software
The software driving the StockPair trading platform is unique – it even has a patent pending. What is it like to use, though? We found it to be one of the best platforms we have experienced. The user interface is clean and intuitive, and we could get access to all the information we needed quickly and easily.
For example, binary charts showing history and sentiment are available below the main details of any asset. Also, StockPair is one of the easiest platforms available to monitor trades. In fact, it is as simple as looking at the right side of your screen. There you will see a section outlining the positions you currently hold. There is also a section for technical analysis where you will see a chart showing you trend lines displayed in easy to read Bollinger bands. All prices are updated in real-time to ensure you have the most accurate information possible to base your decisions on.
One of the impressive things that StockPair has achieved is building a platform that is powerful enough for experienced binary options traders but that is also easy to use and learn for beginners. This gives it wide appeal and makes it suitable for traders looking to develop and improve their trading skills.
The StockPair’s website is used by binary options traders from all over the world. As a result it is available in several different languages. This includes English, Spanish, French, and about eight others. It should be noted, however, that you have to manage your account in Euros, British Pounds, or US Dollars.
Using Your StockPair Demo Account
As already mentioned in the review, the StockPair demo account allows you to learn how to use the platform while also practicing your trading strategy using simulated trades. You can do this without risking your own money.
It is therefore suitable for experienced traders and beginners alike. We have reports from both that they benefit from the demo account and move to profitable trading positions in a shorter space of time.
Your demo account is free, and there are no hidden charges, but you will have to contact your account manager to get one set up. This might sound like a laborious process but it is part of the procedures that make StockPair one of the most professionally run binary options trading platforms available.
While your demo account will not cost you money, you will have to devote time to get as much out of it as you can. The more time you can invest, the more you will learn. You will first need to learn how to use the system and find the information you need. Once you have that mastered you can start using the trading simulator to get a handle on how binary options work, and test out some strategies.
One of the best ways to do this is to use the tutorials that StockPair provides. There are several available, and the library grows constantly.
Your demo account lasts for one week as standard, but it usually possible to get this extended.
StockPair Customer Support
The customer support available from StockPair is widely regarded as being among the best in the industry. There is nothing that we have seen or experienced that would contradict this. Customer service representatives are quick and easy to get in contact with, plus they are knowledgeable and friendly.
You can contact them through the live chat facility on the website, or you can send them an email using the email address email@example.com. You can call them too, if you prefer. Local telephone numbers are available for users in 11 countries including the UK, USA, Canada, and France. People outside these countries can phone the UK number for support or choose an alternative contact method.
In general, can you be successful trading binary options and other products using StockPair? In other words, can you make money? For a number of reasons, the answer to that question is yes. For a start, there are a large number of assets to trade on, so there is sure to be one (or several) that you can base a strategy on. Secondly, the platforms features and high quality functions mean you have all the tools you need to achieve success.
Of course, you still have to develop a strategy that you can implement using the tools. StockPair makes this as easy as possible, however, helping you as much as it can along the way.
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