Editor’s Note- Why StockPair DOESN’T Suck in 50 Words
Simple put, StockPair is a different breed of binary options brokers. Unique Trading platforms, highly transparent, very accurate and such a user friendly platform, warm support and great tools. No wonder stockpair is my first choice, and preferred broker. Update 4/2/2014- StockPair Officially Regulated!
Why Does StockPair Suck in 50 Words
Bad news for US traders – due to EU and Cysec Regulation, Stockpair will stop accepting new US based clients. Existing clients are still able to trade with Stockpair. Once again, US clients are deemed to Search for a new broker. On another matter, there’s no out-of-money refund on Stockpair.
StockPair Review – Different Breed of Brokers
StockPair is considered to be one of kind in the industry. Until now, I couldn’t find any other promising broker that offers this extensive list of great extras, and believe me, I’ve seen SpotOption tries. Browsing their website is actually a fun experience, modern and very easy to use. The profits offered are above average even compared to Binary Options brokers, with an average of 82% return for most assets. To prove once again their true-innovator status, StockPair has recently introduced another way of trading binary options: KIKO options. Have you ever struggled deciding what expiry time to use? If yes, then rejoice because StockPair knocked it out of the park by completely eliminating expiry. If it sounds too good to be true, believe me, it’s true. KIKO stands for Knock In – Knock Out and it works like this: the trading platform will offer you two target prices – one above current price and one below it – then all you have to do is decide which one will be hit first. If it takes 10 hours to reach one of the targets, don’t worry, there’s no expiry time so a trade can last 1 second or 1 day or whatever time it takes for price to reach one of the targets (just pray it’s the one you predicted). The potential payouts on KIKO options are a bit lower than on normal UP/DOWN options but the difference is not that big in my opinion (80% for UP/DOWN EUR/USD and 75% for KIKO on the same pair).
Besides being a pioneer in the field of technology of binary options, Stockpair has pioneered a new bonus system with no restrictions on withdrawals – a known problem in the industry. Stockpair bonuses are given as “pending” and are released into the account when the volume is met. This is typical to Stockpair’s reputation of being client friendly.
In terms of trading, even fresh beginners can understand how their platform works. In many regards, StockPair trading is easier and less sophisticated then competing binary options platforms. The proper question isn’t “why should I choose StockPair as my broker?” Rather, the question you should ask yourself is “why not?” I say – YES! Defiantly worth a shot!
StockPair Pair Trading Intro
If you haven’t heard of Pair Options yet, you’ve never been to StockPair website. Besides being a great binary options broker, they have those Pair Options they’re called after… (: In my opinion, StockPair Pair Options trading is an alternative trading method to Binary Options. They’re both binary, i.e. they both have put or call options, but the trading style is different. For me, Pair Options are a bit simple and yet more “predictable” in a way. Traditional binary options trading, on the other hand, provides more great, new ways of generating profits online with more tools and trading options due to its revolutionary technology. StockPair now has them both.
First, what is Pair trading? Pair Trading is similar to a combination between Forex trading and binary options trading; a trader has to choose between two assets, the goal is to decide which one of these two assets will perform better (relatively to other or the same value) after a specific expiry time. There are two kinds of trade possible:
The first is relatively value, called “Floating Pair”. For example, let’s say I choose the Google-Apple pair. Google is having a great day and the stock price goes higher and higher. Apple one the other hand, is having a slightly weak day, the stock price is going up but slowly and is more or less unstable. Now I need to choose- will Google’s value (now worth 622 points) be higher than Apple’s value (now worth 610 points) at the end of the day or the other way around? It’s up to you. Since Floating pair returns are based on a relative odds, choosing Google (the favorite stock to win) will generate around 10-15% while choosing Apple, which is considered the underdog, will generate around 400% in returns.
The second way of trading is the “Fixed Pair”. Let’s say I choose the Microsoft/Apple pair. Now, all I have to decide is which asset will perform better in the next XYZ time (expiry times range from a few minutes to a few days). The returns are fixed and even for both assets. Yes, pair options are very simple indeed.
Is StockPair a Scam?
We have been monitoring StockPair progress for almost 5 years now, and I think I can say with much confidence – StockPair is NOT a Scam. We have looked into many binary options forums and asked traders about their services. It appears this company is taking good care of their costumers; everybody seems to be getting paid on time and no serious complaints are have arisen. StockPair is already regulated by CySec and by a large number of other European regulators, including the British FCA. For a complete list of agencies that have authorized StockPair’s activities, see StockPair->Guide.
While we do our best to keep you in the know, we always advise you to do the homework on any broker you are considering depositing with, just to be on the safe side and ensure you are making the right choice. When we searched for StockPair complaints we couldn’t find a single angry comment. We checked several binary options forums and review sites, and the worst were frustrated US based traders (since StockPair isn’t accepting US clients any more under EU regulations). It seems like traders are satisfied with StockPair service, but it is advised to check again privately, just in case.
StockPair only offers their clients a bonus after depositing a minimum of $200. I know some traders are looking for big bonuses, but I always advise traders to refrain from bonuses, unless you’re a serious trader. The wager is 40* bonus given. In the case of withdrawal without fulfilling the wager requirements, all losses will be borne by the original deposit and the remaining balance may be withdrawn. There are also Cashbacks.
The are no limits on the withdrawal, which is very important for serious traders. StockPair claims to process the request within 48 hours, then another 3 to 7 working days have to pass until the money is available in your account. The usual methods for withdrawal are available: Credit Cards and wire transfers, as well as e-wallets (Neteller, Skrill).
At BOTS.com, we are looking for something different- not the regular ,so-called extra you read about in other review sites. Here is what we thought is different (and awesome!) about StockPair:
- Revolutionary Trading platform
- Transparency in business
- Up to 400% Return for a single trade – fixed options
- Reuters Live Quotes, very accurate
- Pair Trading
User Friendly 18/20
StockPair’s unique trading platform is a browser-based platform, with no need for any software to be downloaded. The website appearance is crisp, modern and very user friendly. The site, as well as the trading platform, is very clean and elegant. There’s a FAQ section and tutorial for newbies as well. StockPair’s website is available in 11 different languages, including English, French, Italian, Spanish, Arabic, Greek, Korean, German and Dutch.
No. of Assets and Expiry time 19/20
Total of 110 assets, 13 Currencies, 7 Indices, 86 Stocks, 4 Commodities. The expiry times are extra awesome, stretching from 60 seconds to a couple of minutes, Intra Day and a few months, for most fixed pair assets; Floating pairs are available within a day, week or a month only. KIKO Options have NO fixed expiry time! Extra points for the expiry setting system!
Commissions, Support and Effective return 17/20
StockPair doesn’t charge any fees or commissions from investors when they first deposit or purchase options or afterward once they withdraw. StockPair’s support is available via 11 international numbers- in English, French, Italian and Spanish and more or via email. The live chat service is very quick and polite, although I didn’t like the form needed to be filled before the chat which includes E-mail and Phone number. The effective return is among the average-high in the industry- 85% In-The-Money, with an 80% average return for most assets for fixed pairs. Floating pairs could reach up to 400% or more return. There’s no Out-of-Money refund.
Deposit, Payment and Bonus 17/20
StockPair Minimum deposit is average – 250$ or 250€, that’s great for beginners. Deposit is available via C.C., Wire transfer, Neteller, Skrill and many more. Withdrawals are generally available via the same methods. StockPair offers a welcome bonus of up to 60% only for a minimum deposit of $250-$500. There are also monthly cash backs on volume.
Website Extra’s 18/20
Pair Options Extras: in the Binary Options Trading department, StockPair has some great trading tools, such as the early closure and extend, the charts that are extremely helpful and last, StockPair supplies its customers with market reviews, guide and news, all live and updated! A personal favorite of mine is the introduction of KIKO Options, a feature exclusive to StockPair, which gets them the extra points for this category.
StockPair Ratings: 89/100 + Regulation Factor (+3) = 92/100
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