About the StreamForex Broker: All You Need to Know
Established in 2012, StreamForex is a well-known brokerage firm with a solid reputation in the financial market. The company prides itself on being a trustworthy partner, offering efficient fund withdrawals and top-notch customer support through its innovative EXpress Processing of Applications technology.
One of the primary advantages of StreamForex is its competitive edge in offering low spreads, no mandatory minimum deposit, and a diverse range of trading assets. Traders benefit from the professional consultancy services provided by the company, ensuring that any concerns are promptly addressed. Fund transactions are executed swiftly and efficiently without any delays.
StreamForex caters to individuals looking to venture into financial markets without the need for substantial initial deposits. While there is no minimum deposit requirement, it is recommended to start with at least $25 in your account.
- 29 CFDs on stocks
- 2 CFDs on precious metals
- 45 forex instruments
Traders can initiate trading with a minimum lot size of 0.01. Although the minimum trade size is capped at 20 lots, traders can enter the market with larger volumes by activating multiple orders. The broker offers a minimal spread of two points with no trade commission. The stop-out level is set at 5%, while the Margin Call stands at 20%. Additionally, an annual interest of 8% is accrued on the account balance.
Clients also have the option to participate in the MMIR account investment program. StreamForex provides access to trading in the forex market through the MetalTrader 4 trading terminal, available in both mobile and desktop versions.
Traders have access to educational resources where they can grasp the fundamentals of forex trading and essential market analysis techniques. For practice purposes, traders can utilize a demo account with 100,000 virtual dollars, without any time restrictions.
To qualify for a no deposit bonus, completion of an educational course and a quiz is necessary. While users can track the economic calendar on the official website, analytical forecasts are not available.
For novice traders, there is the option to copy trades from experienced traders using the MQL service. The broker’s management operates through various domains, including www.streamforex.org and streamforex.ru.
This review has been prepared by the specialists at ExpertsReview.