Why do all stock broking companies look like a scam? There must be a very valid reason for it!!
Stockpair, a Cyprus-based broker, though is a stock broking company, is quite different from the rest of its clan. That’s because they have their own trading platform, their dealings are transparent. They are registered and licensed with Cyprus Stock exchange. As they act in accordance with the European Union Market, they are entitled to compensate €20000 in order to protect client’s funds. Since the clients are eligible for protection under Investment Compensation Fund, a regulated and registered broking firm is must to claim compensation.
Nowadays all major stock trading firms offer huge incentives in the form of bonuses and returns. On an average, a broker can get up to 82% returns. Stockpair has introduced a new way to trade in binary options. It is called Knock in – Knock out (KIKO), wherein, you have two target prices to choose from – one is above the current price and other one is below. You have to decide which one will hit first, irrespective of the time frame. Though the pay-outs are not much compared to the normal up/down option, but it sure is less risky and volatile.
Stockpair deals in pair options meaning in pair trading, two stocks are pitted against each other and you have to pick the best among the both. If the stock, you placed your bets on is on higher side, then you get a pay-out. However, the pay-out is dependent on the pair, option type, and market conditions. Pair options are binary. So if the stock you picked a better-performed stock, then only you get paid.
As a binary option trading website, it does not offer a demo account. It offers generous and handsome returns on investment. It also offers cash back rates up to 3%, thereby giving a boost to your profits.
Types of Accounts
Let’s learn about types of account, Stockpair offers:
The Silver Account: It is normally meant of beginners who are new to trading world. This account can be started with an initial deposit of $1000.
The Gold Account: This account is meant for those traders who need guidance from time to time with regards to investment. Investors can start this account with a minimum amount of $5000.
Platinum account: This account attracts a cash back rate of 2% and is intended for use by professional traders who understand the nitty-gritty of the market. It can be started with an initial deposit of $20,000.
The VIP Account: As the name suggests, this account is catered to elite customers who are traders by profession. It offers cash back up to $500,000. The holder can deposit $50,000 to get started.
This proves that Stockpair is a legit company and is the best among the rest. It allows you to deposit and withdraw money from your account without any hassle. You can choose the option of managing your account either in US currency or British pounds. To learn more about trustworthy and honest broking firm visit http://cybermentors.org.uk/recommended-signals/