Forex Broker

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STForex review

On-line since: 2014
Country of origin: Saint Vincent and the Grenadines
Regulation: no regulation
Payment options: payment cards, Webmoney, Yandex.Money, Perfect Money, wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:1.000
Spreads: fixed from 2 pips, floating from 0.3 pip

About the company:

STForex is a brokerage company that has been providing various financial services in online trading in the international currency market since 2014. The broker’s customers use the MetaTrader 4 trading platform.
In order to make trading more transparent and accessible, the company uses the most effective supervisory mechanisms and techniques aimed at protecting the interests of traders. The main principles of STForex include fast execution, high efficiency, and convenience of trading 24 hours a day from any spot in the world.

STForex 7/10 (votes 3045)
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Author of STForex: Caro | Date 2018-02-08
My trading experiences with this broker overall is very terrible and I was so frustrated to abandon my stforex account. Deposited $200 last November 2017, and I traded on their platform, the trade executions were so slow, I was unable to close all my open trades, I contacted them and I asked them to help in closing the positions, which they promised to do. They never closed the positions until my account got wiped off all the $500. This broker is just a waste of money and time.
Author of STForex: Oshim_UP | Date 2017-12-28
It was my biggest mistake that I traded with STForex broker. Last month they cancel my profit of $196 trading during economic news release but did not cancel my loss of $115 trading during the same period. This is one issue, my another issue with them that is they stated they approve withdrawals within 8 working hours, but they approved my withdrawal last withdrawal of $260 after 22 business days. So that I'm really uncomfortable and worry about this broker.
Author of STForex: Hamlan | Date 2017-11-23
I hope that another profitable week for myself since last week I have lost for nearly $400 within 2 week times. In fact, I have been using a good trading signal and demo account before getting start into real account with ST Forex. But, what I have experienced for 3 month on real account was totally frustrated.. Besides, why the stop loss order also not executing properly like I said this is something wrong with the platform. Support department is not replying my concern promptly and I have decided to leave and seeking new broker for more profitability trade soon! Be careful and all the best in your trades activity!
Author of STForex: pipanya | Date 2017-09-26
I join STForex because they are regulated and they offer only $1 for minimum deposit size. But after trading for 2 month and a week I think they provide very bad execution and slippage. They did not execute SL properly on My USD/JPY pair and they allowed slippage that wiped about 20 to 50 pips. I've make a report to their support regarding to this matter but just ignore my queries. This broker is my second broker and I am not happy with them. They are not scam I think, but their system is not ready net to be a good broker for trading.
Author of STForex: Firuj_Monsuri | Date 2017-08-30
I am satisfied with STForex broker since 2016. Till now I have been tradeing in a Classic account with $500 investment. I have experienced an easy MT4 platforms and cutting-edge trading technology. In the platform has many helpful functions as like API connectivity, PAMM and MAMM function and a wide range of technical analysis and charting tools. I used one click executions, limit orders, quotes in real time, graphs and charts of time periods and technical indicators. Sometimes I have use expert advisors and automated trading too with STForex. So my trading environment is easy and I have traded a user-friendly platform. I like their transaction policy, which is fair to me.Till now I have withdrawn up to $100 from my profit via WebMoney. In fact, I didn't face any big issue with STForex broker so far.
Author of STForex: Faii | Date 2017-08-08
STForex do not allow withdrawals if you deposited money via LR. They are locking down all accounts. This is different from the other forex brokerage accounts I have. Also always re-quotes. More than 6-7 times re-quotes within 1 minute. I can't trade normally at all, very bad execution speed. Not recommend STForex.
Author of STForex: kwan | Date 2017-07-17
I invested the 45% of my retirement benefits last year, that was the2nd month of February. All the money got transferred using my local bank in national currency and was automatically converted to USD. I always got perks since I am using a Pro trading account, or the so called VIP account. They honor my orders with the highest speed of execution. Remember the Brexit? I bought GDP/USD, USD/CHF and EUR/USD 3 days before the Brexit and sold it when Brexit happened. All my orders were honored and I was very happy because I hadn't faced any requotes nor service interruption that usually occurs during busy trading hours. Aside from that, all my profits were not cancelled nor adjusted. Since then, I like to place an order during busy trading hours because I knew that this company won't mess my account.
Author of STForex: Nucaba | Date 2017-06-27
I was with this broker for almost 3 months now with fixed 50:1 margin and just like any other brokers they have almost every instrument that can be traded with and the spreads are really tight during the normal market conditions. I executed a trade upon news and the market moved 20 pips and a full 6 seconds executions, before I got filled. I ended up losing 1 pip, when I realistically could have made 10+. Their live chat is slow and not always helpful. When I was asking for queries in a live chat window, it took several minutes before they responded and most of the times I don't understand the answers because they cannot provide me an accurate answer. They are useless. You have to figure it out from some links they have on their website, which leave more questions than answers.
Author of STForex: Spuler | Date 2017-06-27
I just traded with Dealing City in 6 months ago, but now I still don't see any problems. I feel comfortable to trade with this broker, because they allow me to trade my own strategy. This broker has low commission, their deposit and withdrawals are fast. In addition, Dealing City has good and quick support, they always helps me when I meet difficulties in trading. Once, I needed money for some urgent reasons, so I decided to withdraw 1000$. At that time, I think I will wait a long time 1 – 2 days to get money, and luckily their customer service supported me to get money in a short time with 5 hours. It’s awesome. Although I joined with this broker in a short time, I have stable income and quick withdrawl to most payment systems. I improved my trading style and now I become a pro trader by reading their analytics time to time and nice technical material. Therefore, I consider this broker – Dealing City as a good broker, and I highly recommend them to all traders.
Author of STForex: Lilley | Date 2017-06-27
My experience with STForex has not been good, so please stay away this broker. I traded this broker in last year, but I just got lost at this broker. I would like to tell you my case at this broker. Last month, I wanted to withdraw all my money – 1000$, after I got many losses at this broker. However, STForex didn’t let me make withdrawal request. I called their support to ask about this issue, and they promised that they will fix right now. It has been 3 week, and I get nothing. I have never seen such a horrible service at STForex! Thus, they are really a cheater, because they always delay my request. In addition, their feed showed a spike in the market, and they are slow in closing a trade. Sum up, STForex is the worst broker I’ve ever been with.
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