Stockoza Broker Review: In-Depth Analysis, Pros & Cons

Stockoza overview

Stockoza is among the well-known brokers founded in 2021, and the headquarters are located in Beachmont Business Centre, Suite 241, Kingstown, St. Vincent & the Grenadines . The company provides various platforms for trading, including Stockoza WebTrader and a trading app. However, it should be noted that the broker is not publicly traded and does not support crypto assets.

Stockoza doesn't have any regulation license from any authority, but they are operating on an offline license. This multi-asset broker also provides a good range of leverage up to 1:400, and the minimum deposit is set at $10,000. They've been offering their trading services across multiple markets, including currencies, commodities, indices, and shares. In addition, they've created a unique set of online trading platforms for web and mobile platforms to accommodate the needs of different traders.

This platform is gaining popularity among traders due to its user-friendly interface and innovative features. The broker doesn't provide any information about the active clients, but customer support is available 24/6 from Sunday to Friday.

Both beginners and experienced traders can find this platform beneficial as it offers a good range of leverage and tight spreads.

Is Stockoza a safe platform for traders?

As mentioned earlier, Stockoza is a new broker in the industry, and they don't have any regulatory license from any financial authority. However, they are operating on an offline license which is granted by Saint Vincent and the Grenadines.

The company has taken all the necessary measures to provide its clients with a safe and secure trading environment. They've implemented the latest technologies to protect the client's personal and financial information. Stockoza is a good choice for traders looking for a safe and secure platform to trade multiple assets. The company is still new in the industry, but they are providing quality services to its clients. Stockoza offers authenticators and multi-level SSL encryption to protect the client's account.

The broker is also compliant with the AML and KYC policies to prevent any financial crime. In addition, they verify the client's identity and documents before approving their account. Overall, Stockoza is a safe platform for traders looking to trade multiple assets in a secure environment. Stockoza is gaining popularity due to its security and safety features. Stockoza is a reliable and safe platform to trade when online security and clients' data are concerned. You need to keep in mind that you can only change your personal information on this platform once your identity is verified.

Stockoza fee information

As per their FAQ section, the broker offers a variety of account types with different spreads and leverage. In addition, Stockoza offers various deposit and withdrawal methods like wire transfers, credit/debit cards, and e-wallets. Once you create your account choosing the right plan, you will have different options for depositing funds into your account. The deposit and withdrawal process is quite simple.

They have not mentioned anything about the deposit and withdrawal fees, so you need to contact their customer support for more information. According to their FAQ section, deposits and withdrawals are processed within one to four business days. In addition, you need to pay the third-party payment processing fees which your payment company charges.

Stockoza spreads information

Stockoza offers six types of accounts, and the spread varies accordingly. They have not mentioned anything about the same spreads they provide to their customers. However, they have said that they offer floating spreads, which can change according to market conditions.

If you sign up for their VIP account, you get tighter spreads with a flat 60% discount on commissions. But this facility is not available for all the account types. Overall, the broker is relatively new in the industry, and more information about their services is available on their website. Depending on your account, you will get a leverage limit of up to 1:400. This leverage is decent when we compare it with other brokers in the industry.

Swap fees information at Stockoza

Like other brokers, Stockoza also charges a swap fee for positions kept open overnight. The swap rate is calculated based on the interest rate differential between the two currencies involved in the trade.

You need to be extra careful while dealing with swap fees, as they can significantly impact your overall profit or loss. You need to check the swap rate before you open a position to calculate the estimated fees.

Deposit and withdrawal at Stockoza

Stockoza offers several methods for depositing and withdrawing funds from your account. You can use wire transfers, credit/debit cards, or e-wallets to make deposits into your account. The minimum deposit amount is set at $10,000, higher than the industry average.

Similarly, for withdrawals, you can use wire transfer or e-wallets. The broker has not mentioned anything about withdrawal fees, but you must pay the third-party payment processing fees. The minimum withdrawal amount is not mentioned on their website.

The broker processes the withdrawal requests within one to four business days which is a bit slower when compared to other brokers in the industry. Overall, the broker provides its clients a good range of deposit and withdrawal methods. The deposit and withdrawal process is quick as you need to go to the ‘My Accounts’ section and select the ‘Withdrawal’ option. Here are the details regarding the minimum deposit for multiple accounts at Stockoza:

• Beginner — $10,000
• Intermediate — $50,000
• Advance — $100,000
• Pro — $250,000
• Expert — $500,000
• VIP — $1,000,000

The minimum deposit for all accounts is on the higher side compared to other brokers in the industry. However, the convenience that Stockoza offers is attracting lots of clients to this platform.

Deposit & withdrawal methods

• Wire transfers
• E-wallets
• Supports all major credit cards

Tradable markets and products on Stockoza Broker

Stockoza offers a variety of tradable markets including currency pairs, precious metals, energies, commodities, and indices. Their website offers more than 500 tradable markets, which is a decent number. Moreover, you can also trade in global shares with this broker. The company doesn't provide any information about the leverage and margin requirements for each market. Stockoza can be a good option for traders as it offers multiple markets for trading.

In addition, some of the indices include ASX 200, NASDAQ 100, and UK 100 while the shares include Google, Facebook, and Amazon. Moreover, this platform offers a wide range of forex currencies including majors, minors, and exotics. You can trade in all the major currency pairs like EUR/USD, GBP/USD, USD/JPY, and AUD/USD. Overall, Stockoza offers a good range of tradable markets for its clients. Currency traders can benefit from the platform's low spreads and commissions. The platform does not offer crypto trading so if you are looking for a broker to trade cryptocurrencies then Stockoza is not the right choice for you. With a maximum leverage of 1:400, currency traders and even other traders can make good profits.

Stockoza doesn't support MT4 and MT5 so if you are looking for a broker that offers these platforms then Stockoza is not the right choice for you. However, with their web trading dashboard and mobile trading platform, you can easily trade in the markets. Overall, Stockoza is a decent broker with a good range of tradable markets and products. Their WebTrading platform covers a broad range of features and you can also access them on your smartphones.

Compared to other brokers, they offer lower spreads and fees. So, if you are looking for a broker that offers a good range of features and is easy to use then Stockoza can be the right choice for you.

Leverage available at Stockoza platform

Leverage is an advanced feature in which the broker allows customers to trade with more money than they actually have. This facility is very useful for experienced traders who are well aware of the market conditions. For example, if you have a leverage of 1:400, you can trade with $400 even if you have only $1 in your account. Depending on the account type you choose, you can get a leverage of up to 1:400 which is quite good.

While using this facility, you need to be very careful as it can lead to heavy losses if the market conditions are not in your favor. Overall, this broker offers a decent range of leverage which can be beneficial for experienced traders. Leverage for particular accounts is not mentioned on the Stockoza website but you need to contact their customer support for more information.

If you're a citizen of the USA, Iran, Syria, and North Korea, you will not be able to open an account with this broker as they have mentioned these countries in their list of restricted countries.

Trading platforms available on Stockoza

Stockoza is among the popular tradingplatforms that offer its own robust WebTrader. This platform is quite user-friendly and you can easily find all the features and tools you need. Stockoza meets all the modern requirements of online trading. The best part about the Stockoza platform is that it's multi-lingual and offers its services in various languages including English, French, and Russian.

You can access the WebTrader platform of Stockoza on both desktop and mobile devices. And, if you want full-fledged trading on the go, you can opt for their mobile apps available on both Android and iOS. Moreover, even on their mobile platforms, you can easily trade all the markets offered by Stockoza. Be it forex, stocks, indices, or commodities, you can trade all of them with the help of their mobile apps.

Downloadable software

Stockoza also offers downloadable software for desktops which is quite popular among professional traders. This software is available for both Windows and macOS. The installation process of this software is quite simple, and you can find all the features and tools you need. Once you install this software, you can start trading all the markets offered by Stockoza with ease.

WebTrader platform

You can use the WebTrader platform of Stockoza on both desktop and mobile devices. It offers you cross-asset trading, 100+ charts, and 80+ technical indicators. You can also find a built-in market calendar, direct access to technical indicators, and market depth on this platform. In addition, you can also take advantage of the support for all types of orders and executions. Stockoza offers direct access to technical analysis with a variety of timeframes.

Mobile app for Android and iOS

Stockoza mobile app offers all the necessary features for trading on the go. You can trade forex, stocks, indices, and commodities with ease. The app also provides a built-in market calendar, direct access to technical indicators, and market depth. You can also find support for all types of orders and executions. The best part about this app is that it's user-friendly, and you can easily find all the features and tools you need.

You have no support for MT4 and MT5

Stockoza doesn't support MT4 or MT5 platforms. However, their WebTrader platform covers all the essential features that these two platforms offer.

Types of accounts available on Stockoza

Stockoza offers you six types of accounts which are as follows:

Beginner account

This account is best suited for beginners who are new to online trading. The minimum deposit for this account is $10,000, and you get a floating bid/ask difference. You also get a personal account manager with this account. However, you don't get premium trading signals or private training sessions from their experts in this plan.

Intermediate account

This account is best suited for intermediate traders who have some experience in online trading. The minimum deposit for this account is $50,000, and you get a floating bid/ask difference. You also get a personal account manager with this account, similar to the Basic account. In addition, you also get premium trading signals and a private account manager with this account.

Advance account

This account is best suited for advanced traders who have a lot of experience in online trading. The minimum deposit for this account is $100,000, and you get a fixed bid/ask difference. You also get a personal account manager with this account, similar to the Basic and Intermediate accounts. In addition, you also get premium trading signals, daily priority signals, access to private one-on-one trading, and private trading sessions.

Pro account

This account is best suited for professional traders who want to trade with a lot of flexibility. The minimum deposit for this account is $250,000, and you get a floating bid/ask difference. You also get a personal account manager with this account, similar to the Basic, Intermediate, and Advance accounts. In addition, you have all the premium features available at the Advance account. Apart from these features, you get access to private event rooms, a discount on trading commissions of up to 25%, and free VIP services for trial.

Expert account

This account is best suited for expert traders who want to trade with a high level of trading options. The minimum deposit for this account is $500,000, and you get a floating bid/ask difference. You also get a personal account manager with this account, similar to the Basic, Intermediate, Advance, and Pro accounts. In addition, you get a discount of up to 50% on trading commissions, and you get all the features available at the Pro account. Apart from these features, you can access private event rooms, webinars, and full access to VIP services.

VIP account

This account is best suited for VIP traders who want to trade with the highest level of trading options. The minimum deposit for this account is $1,000,000, and you get a floating bid/ask difference. You also get a personal account manager with this account, similar to the Basic, Intermediate, Advance, Pro, and Expert accounts. In addition, you get round-the-clock support from their team of experts, a discount of up to 60% on trading commissions, and all the features available at the Pro account. Apart from these features, you can access private event rooms, webinars, and full access to VIP services.

How to open an account on Stockoza

You can open an account on Stockoza by following these simple steps:

• Visit their official website and click on the "Open an Account" button.
• Fill in the required personal details like name, email, phone number, etc.
• Choose the account type you want to open with Stockoza.
• Deposit the minimum amount required to open an account.
• Complete the verification process.
• After you complete these steps, your account will be activated and you can start trading with ease.

Customer support information of Stockoza

Stockoza offers 24/6 customer support from Sunday to Friday. You can get in touch with their customer support team via phone or email.

• Phone: +18009018109
• Email: support@stockoza.com
• Availability: 24/6

Research tools available at Stockoza

You get a wide range of research tools and analysis graphs at Stockoza, including:

• 21 different time frames
• 35+ pre-installed indicators
• 40+ graphical objects
• Market depth information
• Multi-currency tester
• Tick chart trading

Educational content available at Stockoza

As per our findings, Stockoza doesn't have any educational content available on its website. You need to take help from other online learning resources to understand the basics of online trading.

Stockoza Broker in a nutshell

Stockoza is a popular online trading platform that offers its own robust WebTrader. Although Stockoza is not regulated yet and has an offline license, it's getting popular among online traders. The best part about Stockoza is that it offers its services in various languages including English, French, and Russian.

Stockoza FAQs

Do I need to deposit money to open an account at Stockoza?

Yes, you would need to deposit at least $10,000 to open an account at Stockoza. There are six types of accounts available at Stockoza, and the minimum deposit amount varies from one account type to another.

What is the leverage offered by Stockoza?

You get leverage of up to 1:400 depending on your account type.

What are the deposit and withdrawal methods available at Stockoza?

You can make deposits through bank transfers, credit/debit cards, and e-wallets. You can make withdrawals through bank transfers and credit/debit cards.

What type of trading platforms does Stockoza offer?

Stockoza offers its own WebTrader platform along with mobile apps for Android and iOS devices.

Does Stockoza offer any educational content?

No, Stockoza doesn't offer any educational content on its website. You need to take help from other online learning resources to understand the basics of online trading.

Is Stockoza a regulated broker?

No, Stockoza is not a regulated broker. However, it's getting popular among online traders.

Can I trade with MT4 or MT5?

No, Stockoza doesn't support MT4 or MT5 platforms. However, their WebTrader platform covers pretty much all the important features that these two platforms offer.

What account types does Stockoza offer?

Stockoza offers six different types of accounts — Beginner, Intermediate, Advance, Pro, Expert, and VIP.

Can US residents use Stockoza?

No, US residents are not allowed to use Stockoza as it's not a US-regulated broker.

Is Stockoza a legit broker?

Yes, Stockoza is a legit broker. However, it's not regulated by any major financial authority yet.

What's the average deposit and withdrawal time at Stockoza?

The average deposit time is 1-2 days, and the average withdrawal time is 3-5 days.

How can I contact Stockoza customer support?

You can contact Stockoza customer support through email and phone.

Is there a demo account available at Stockoza?

No, there is no demo account available at Stockoza.

Is Stockoza a multilingual platform?

Yes, Stockoza is a multilingual platform and it offers its services in various languages including English, French, and Russian.

Will Stockoza charge me for using their customer support?

No, Stockoza won't charge you for using their customer support. You can contact them through email and phone, and they will be more than happy to help you.