Stockoza Broker Review — All You Need To Know About It

Stockoza broker overview

Stockoza is among the newest players in the market, established in 2021. Headquarters are located in Beachmont Business Centre, Suite 241, Kingstown, St. Vincent & the Grenadines, and the company offers a rich trading experience in stocks, indices, forex, and shares. Stockoza offers its custom trading platform, including Stockoza WebTrader and a trading app. Stockoza has yet to get its regulatory licenses, and they are not a publicly traded company. In addition, Stockoza doesn't support cryptocurrency trading as of now.

As Stockoza doesn't have any regulatory licenses from approved bodies, they operate with an offline license. Being a multi-asset broker, they offer a wide range of tradable assets, including currencies, commodities, indices, and shares. The leverage ratio is capped at 1:400, and the minimum deposit amount is $10,000. In addition, you can easily monitor the live markets and place trades using their personalized trading platforms.

Stockoza provides 24/6 customer support service to its clients. The broker is still new in the industry, and not much is known about their active clientele. They offer a good range of leverage and tight spreads to help you maximize your profits. In addition, Stockoza has a fast and efficient order execution system.

Is Stockoza a safe platform?

Stockoza is a new entrant in the online trading market and has no regulatory approvals. The company is registered in Saint Vincent and the Grenadines, a well-known offshore financial haven. This offline license allows them to operate without any restrictions.

The company has taken all the necessary steps to protect the client's funds when it comes to safety. Stockoza has implemented the latest security technologies to safeguard your personal and financial information. In addition, all the client's funds are kept in segregated accounts with top-tier banks. Furthermore, it offers a seamless and easy-to-use trading experience with its advanced trading platforms. Moreover, the company has also implemented multi-level SSL encryption and authenticators to protect your account from any malicious activity.

Stockoza is also compliant with the AML and KYC policies to prevent any financial crime. The company requires all the clients to go through a verification process before they can start trading. It offers a safer environment to let individuals trade multiple assets in a secure manner. One thing you need to keep in mind is that you can only change your personal information on Stockoza once your account is verified. To sum up the security, you get a secure ecosystem where you can trade without any worries. As the clients' data is concerned, it is well-protected with the latest security technologies like SSL.

Stockoza platform fee structure

Stockoza offers comprehensive options when it comes to account types, spreads, and leverage. In addition, the minimum deposit also varies depending on the account type you choose. You have multiple deposit and withdrawal methods like wire transfers, credit/debit cards, and e-wallets. The account funding process is quite simple and straightforward.

Once you pick the right account for you, you can deposit funds into your account via different methods. The deposit and withdrawal process are quite simple, and the charges on deposit and withdrawal are not mentioned on their website. You need to contact their customer support in order to get information about the charges.

As per their FAQ section, the deposits and withdrawals take around one to four business days. You also need to pay the third-party payment processing fees which your payment company charges. The broker hasn't mentioned anything about inactivity or account maintenance fees on their website.

Stockoza spreads information

Stockoza offers a total of six different accounts and the spreads vary among them. There is no spread information available on their website, but they've mentioned they offer floating spreads. Floating spread is something that changes constantly according to the market situation. Moreover, the spreads provided by Stockoza are tight, which is an advantage. If you want to know more about their spread structure, you can contact their customer support.

If you sign up for a VIP account with a minimum deposit of 1,000,000, you will get a discount of 60% on commissions. However, this discount is not available for other account types. Depending on the account you use, you get leverage of up to 1:400 which is decent when compared with other brokers.

Swap fees at Stockoza

Like any other broker, Stockoza also charges swap fees. Swap is the fee that you pay for holding a position overnight. These swap rates are different for different asset classes and can be both positive and negative. However, the swap rate is usually positive for most currency pairs.

While dealing with swap fees, you need to be careful as they can have a significant impact on your overall profits. If you're planning to hold a position for a long time, the swap fees can eat into your profits.

Deposit and withdrawal information of Stockoza broker

Stockoza offers a handful of ways for you to deposit and withdraw 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 at Stockoza is $10,000, higher than the industry average.

When it comes to withdrawals, you can use the same methods as deposits. The withdrawal processing time is up to 3 business days, which is a bit slow when compared to other brokers. Stockoza has not mentioned anything about the withdrawal fees, and it would be best to contact their customer support for more information. Both the deposit and withdrawal methods are easy as you can use the broker's platforms to make the transactions. You need to visit your accounts section and select the method you want to use for either deposits or withdrawals. Here is the minimum deposit information for every account at Stockoza:

● Beginner — $10,000

● Intermediate — $50,000

● Advance — $100,000

● Pro — $250,000

● Expert — $500,000

● VIP — $1,000,000

When compared to other brokers, the minimum deposit is higher at Stockoza. However, the platform is gaining popularity, and more clients are signing up with them. Also, you start getting more premium features as you move up the account ladder. Overall, Stockoza is a good broker with decent features that a modern trader needs.

Deposit & withdrawal options are available

● Wire transfers

● E-wallets

● Supports all major credit cards

Tradable markets and products available on Stockoza Broker

Stockoza offers a variety of tradable markets, including currency pairs, precious metals, energies, commodities, and indices. You can trade on over 50 different forex pairs, which is a good number. The leverage for currency pairs is 1:400, and the minimum deposit amount is $10,000. You can easily trade global shares and indices on the Stockoza platform on their trading platform and mobile app. The company's website doesn't provide any leverage or margin information regarding each tradable market.

Some of the popular indices include ASX 200, NASDAQ 100, US Dow Jones, and more. You can trade popular company shares like Facebook, Google, Amazon, etc., on the Stockoza trading platform. In addition, Stockoza offers a wide range of forex options, including major, minor, and exotic currency pairs. You can trade pairs like USD/AUD, GBP/JPY, EUR/USD, etc., with Stockoza. Currency traders can take advantage of low spread and fast order execution with this broker. As the broker offers leverage of up to 1:400, you can trade with a larger amount than your actual investment.

Commodity trading is also available on Stockoza, and you can trade popular commodities like gold, silver, crude oil, and more. Stockoza doesn't support cryptocurrency trading, so if you're looking for a broker that offers this, you'll have to look elsewhere.

Stockoza doesn't offer the support of MT4 and MT5 trading platforms, which is a drawback. You need to use their proprietary trading platform, which covers all major trading features for all traders. Their web trading platform covers all major markets and provides real-time market updates. You can use their mobile app to trade on the go. Their mobile app offers all the features of their web trading platform. When compared to other platforms, they offer good spreads on their premium accounts.

Leverage available at Stockoza platform

Leverage in trading means you can trade with more money than you actually have in your account. This is possible because when you use leverage, you're only required to put down a small percentage of the total trade value. The rest is covered by the broker. Leverage can be a great tool to help you maximize your profits, but it also comes with risks. For example, if you have $100 with a leverage of 1:500, then you can trade $50,000 worth of currency. This means your potential profits are much higher but so are your potential losses. If the market moves against you, you can end up losing all your money.

As mentioned earlier, Stockoza offers leverage of up to 1:400, which is decent when compared with other brokers. While using leverage, you need to be careful as it can lead to both profits and losses. If you're a citizen of the USA, Iran, Syria, and North Korea, you can't open an account with Stockoza as the broker doesn't accept clients from these countries. It is because, in these countries, there are restrictions on forex trading.

Trading platforms options on Stockoza

Stockoza offers its custom WebTrader platform that is designed to offer a user-friendly interface. WebTrader is accessible from any internet browser on your desktop, laptop, or mobile device. You will find all the standard features like a market watch, charts, news feeds, and analysis on the WebTrader platform. WebTrader is a good choice for beginners as well as experienced traders.

The mobile trading app of Stockoza is available for both Android and iOS devices. The app offers all the features of its web trading platform. You can access your account, deposit and withdraw funds, check your balance, view your trade history, and more. Stockoza mobile app is user-friendly and easy to navigate, available for both Android and iOS. The best part about Stockoza is that the platform is multilingual, which means you can use it in many languages, including English, French, Russian, and more.

Downloadable software available at Stockoza

You can download their custom trading platform for your desktop computer. The software is available for both Windows and Mac devices. The downloadable platform offers all the features of their web-based platform with advanced charting and analysis tools. In addition, you can use the software to trade on your desktop with a fast and stable internet connection. Once you install the software, you need to log in with your Stockoza account credentials.

WebTrader platform

Using their WebTrader platform, you can access 100+ charts and 80+ technical indicators. The WebTrader platform is available in multiple languages and can be used on desktop and mobile devices. You will find built-in standard features that will make your trading experience better. Traders can take advantage of support for all types of orders, advanced charting tools, and more. You can also perform technical analysis and use various indicators to make better trading decisions.

Mobile app for iOS and Android

Stockoza mobile app is available for both Android and iOS devices. The application is user-friendly and offers all the available features on the web trading platform. You can use the app to check your account balance, deposit and withdraw funds, view your trade history, and more. The mobile app is convenient and offers a seamless trading experience on the go.

You don't get support for MT4 and MT5

You need to keep in mind that Stockoza doesn't offer support for the popular MT4 and MT5 trading platforms. So, if you're looking for a broker that offers these platforms, you'll have to look elsewhere. The good thing is that they offer their user-friendly proprietary trading platform and covers all major markets.

Different accounts available on Stockoza

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

Beginner account

This account is ideal for beginners who have started their online trading journey. The minimum deposit for the Stockoza Beginner account is $10,000 and you get a floating bid/ask difference. In addition to this, you get access to your account manager. But you get access to premium trading signals or one-to-one training sessions with experts.

Intermediate account

The next account type is the Intermediate account, which is best suited for those with some online trading experience. The minimum deposit required for this account is $50,000 and you get all the features of the beginner account plus a few more like access to premium signals and a personal account manager to help you with all your queries.

Advance account

This account is best suited for those who want to trade with a large sum of money. The minimum deposit required for this account is $100,000 and you get all the features of the previous two accounts plus a few more like a fixed bid/ask difference and private one-to-one trading sessions with experts. In addition, you get access to their trading academy that will help you understand the market better and make informed decisions.

Pro account

The pro account is best suited for those looking for more advanced services. The minimum deposit required for this account is $250,000 and you get all the features of the previous three accounts plus a few more like a fixed bid/ask difference, premium signals, private trading sessions, access to their event room, and much more. In addition, you get a discount on trading commissions of up to 25%. Moreover, you also get a chance to try the VIP services trail for free.

Expert account

The expert account is for those looking for more services than the Pro account that Stockoza has to offer. The minimum deposit required for this account is $500,000 and you get all the features of the previous four accounts plus a few more like a fixed bid/ask difference, premium signals, private trading sessions, access to their event room, and a discount of up to 50% on their trading commissions.

VIP account

The VIP account is for those who want to trade with a large sum of money and are looking for the best services that Stockoza has to offer. The minimum deposit required for this account is $1,000,000 and you get all the features of the previous five accounts plus a few more like a fixed bid/ask difference, premium signals, private trading sessions, access to their event room, and a discount of up to 60% on their trading commissions. You also get an account manager assigned to you who will help you with all your queries.

How to open an account on Stockoza

Follow these simple steps to open an account on Stockoza:

● Go to the Stockoza website and click on the "Open an Account" button.

● Fill in your personal details like name, email, phone number, country of residence, etc.

● Choose your account type.

● Fund your account and start trading.

● Once your account is approved, you will get access to their trading platform and mobile app.

Customer support of Stockoza

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

● Phone: +18009018109

● Email: support@stockoza.com

● Availability: 24/6

Research tools at Stockoza

You get a variety 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 at Stockoza

As per our findings, Stockoza doesn't offer much educational content for its clients. As a result, you need to rely on other third-party sources to enhance your trading knowledge.

Wrapping up — Stockoza Broker review

Stockoza is a good broker with good features. They offer a variety of account types, and the spreads are tight. You can trade on major forex pairs, shares, indices, and commodities with this broker. However, they are not regulated yet and don't support crypto trading.

Stockoza FAQ

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

Yes, you need to make a minimum deposit of $10,000 to open an account at Stockoza.

What is the leverage offered by Stockoza?

The leverage offered by Stockoza is 1:400.

What are the deposit and withdrawal methods available at Stockoza?

You can deposit and withdraw money through credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller.

What type of trading platforms does Stockoza offer?

Stockoza offers a proprietary web trading platform and mobile app.

Does Stockoza offer any educational content?

No, Stockoza doesn't offer any educational content.

Is Stockoza a regulated broker?

As of now, they don't have any regulatory license, and they are operating on an offline license.

Can I trade with MT4 or MT5?

No, you can't trade with MT4 or MT5 as Stockoza only offers a proprietary trading platform.

What account types does Stockoza offer?

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

Can US residents use Stockoza?

No, US residents are not accepted by Stockoza.

Is Stockoza a legit broker?

Yes, Stockoza is a legit broker as they are operating on an offline license.

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

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

How can I contact Stockoza customer support?

You can contact the Stockoza team through email and phone.

Is there a demo account available at Stockoza?

No, there isn't a demo account available at Stockoza.

Is Stockoza a multilingual platform?

Yes, Stockoza is a multilingual platform as it supports multiple languages like English, French, Spanish, and more.

Will Stockoza charge me for using their customer support?

No, Stockoza won't charge you for using their customer support.