Trading with Stocks Wide: Forex Broker overview and profile
When choosing a broker to trade Forex, with commodities or cryptocurrencies, it is very important to choose a reliable and convenient partner. Let's take a look at the conditions Stocks Wide offers traders, its advantages, disadvantages and peculiarities.
Stocks Wide products
Stocks Wide is a broker with more than a decade of history and a wide range of products. The company offers its clients the opportunity to trade in Forex, indices, precious metals, cryptocurrencies and commodities. Stocks Wide is constantly expanding and improving its product line. Traders can choose a convenient type of Stocks Wide account depending on the type of assets they are interested in.
Stocks Wide account types
The broker offers a wide range of accounts to suit all wallets and interests. You can start real trading from as little as $500 and get maximum service from $250000. In addition, there are, of course, demo accounts as well.
The current account types are as follows:
- EXPLORER. From $500 to $2499
- BASIC. From $2500 to $9999.
- SILVER. $10,000 to $49999
- GOLD. From $50,000 to $99,999
24/7 support is available for all Stocks Wide account types. There is an introductory sessional with an analyst for the basic account and a permanent financial analyst for the later ones. For top account types, there is weekly analytics and other bonuses.
There are also Managed Account Types:
- From $75 000
- From $150 000
- From $250 000
Managed account types provide the largest list of services. Experienced financial advisors will continually monitor progress and build up personal portfolios. The bigger the down payment, the more comprehensive the assistance and service.
Stocks Wide market spread and Stocks Wide website
Stocks Wide's website is user-friendly and concise. What is particularly attractive is the extensive knowledge base available to all traders, which enables them to continuously improve their skills. The broker's trading platform is based on the time-tested MetaTrader 4 platform.
Despite the large number of active users, the website and, most importantly, the trading platform operate steadily with a fast response time. Thus the platform allows efficient trading in scalping mode and other strategies that require stable and fast systems.
The platform enables effective using of various analytical tools for technical analysis. Using a large number of tools at the same time does not overload the system and does not threaten its efficient operation.
According to Stocks Wide's technical director Andreas Schmidt, the website and trading platform are available at all times. There have only been a few times in our long history when technical work has made the website unavailable for a considerable period and this has been due to force majeure.
Market Stocks Wide spread review
An extremely important indicator that directly affects the profitability of trading with each particular broker. Stocks Wide spreads are at or below the market average, allowing you to trade efficiently on small price movements and not go into deficit.
Financial authorities control spreads in some jurisdictions. But you should not rely entirely on anonymous officials. We recommend that you review Stocks Wide spreads yourself on a regular basis.
Disadvantages of Stocks Wide
In all the time we have been preparing our review, we have not identified many shortcomings. Firstly, we were not always satisfied with non-English language support. Support in other languages proves to be slower. For efficient exchange trading you should surely know English, but you always want to get the best service.
In addition, the withdrawal tools are not as extensive. Withdrawals in cryptocurrency are not possible at the moment. This is due to legal restrictions imposed on a legal broker. Hopefully, the law will make it possible to expand the possibility of using bitcoin.
Third-party reviews of Stocks Wide
Stocks Wide review reddit shows that the broker has a good reputation among traders. With a large community around the world, the network concentrates a wealth of knowledge on every subject, which is what it is valuable for.
Stocks Wide review trustpilot is also an important source of information. Here the review also leaves a favourable impression. The comments are balanced, which adds to the confidence in the reliability of the broker. Having such a large customer base and a long period of operation, Stocks Wide has not received any disparaging comments on this resource.
However, in future monitoring we recommend giving preference to Stocks Wide review on trustpilot, as Reddit moderators do not always have time to remove black PR, spam and slander.