STO Review
What is STO?
STO is a trading name that was established in 2009 by AFX Group. It offers clients a way of trading on the financial markets under optimal trading conditions. The broker has been providing services since the beginning of its growth. They currently have offices in several financial centers, including the UK, Italy, China, China, and New York. This brokerage provides support to clients along with education, analysis and market news. The company partnered with Quantic last year to provide portfolio management solutions via institutional-level investment products.
The company's competitive offering includes a range of trading instruments that exceed 300 FX and CFDs, smart or routing, comprehensive trading platforms and VPS services (requires minimum 2k accounts and 5 lots per monthly, otherwise 35$/month) and portfolio management division managed by AFX Capital Markets.
The broker will trade on Top-tier conditions, which includes 12 EAs as well as 15 Chart Indicators. These are available for VIP, PRO, and Premium accounts. You can trade the most active shares on the US, German, and Italian markets through 100 CFDs for a 2 cent per share commission. Total CFDs offer 7 asset classes with leverage up to 1:1500 and negative balance protection. Spreads start at 0.0 pips forex and 0.5 for indices. Oils are available starting at 4 points.
Broker: STO
Minimum deposit: 100 US$
Leverage: 1:30
Regulator: FCA. CySEC
Year: 2009
Platforms: MT4, Fast
HQ: Cyprus
Licenses for STO:
AFX Markets Ltd - Authorized by FCA UK registration number.560872 not Active
AFX Capital Markets Ltd - Authorized by CySEC, (Cyprus). registration number. 119/10
Overview
STO customers will always be supported by dedicated services and an educational tool that allows them to access carefully crafted education materials to learn advanced concepts, strategies, and different types of trading. The company's hard work and constant improvement was recognized by many corporations and organizations. These include the Broker Award, Shield Of Appreciation, Natural Gas Forum 2014, and others.
Pros
Choice of Trading Accounts
Regulation
Demo Accounts
Cons
No FAQ Section
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.0
Is STO a safe and legitimate business?
AFX Capital Markets Ltd. is regulated by two main regulators for financial services and investments. These are the FCA in UK, CySEC (Cyprus), and CONSOB (Italy). The broker was still subject to the Markets in Financial Instruments Directive, (MiFID), in order to offer cross-border services as well as other offices within the EU in the MiFID Passporting Regime.
The broker must comply with all safety regulations in relation to funds, operations and executions, as well as any other process that could result in a clear state protection.
Trading Platforms
MetsTrader4 is the company's main platform for trading. However, the company also offers the AFX Fast platform.
MT4 is an online platform that can be accessed from any device and infinitely configurable. It's a popular choice among traders. The platform is enhanced by the assistance of selected brokers, who provide tools and indicators.
AFX Fast uses an ECN/STP execution model that prevents slippage and re-quotes during multilevel pricing. AFX Fast, an online platform that is based on STO's, was designed to be low latency, show market depth, and allow customers easy access and trade.
A large catalog of Chart Indicators and EAs is available to help clients bring trades to the next level. This includes optimizing strategy and investment goals, decision assistance, execution management and upgraded alarms and broadcasting capabilities, as well as market data.
Accounts and Trading Instruments for STO:
STO offers 5 different account types that allow you to execute a particular trading strategy. Each account comes with a tight spread, fast execution and a competitive commission. The company also offers continuous support in multiple languages. All account holders are eligible to access trading signals and tools free of charge, as well as educational courses, weekly webinars and daily analysis. To practice their strategies, traders can open a Demo account at the beginning.
STO Classic is an excellent choice as a starting point, and only 100$ for the initial investment. Spreads starting at 1.6 pip and high leverage up to 1:1500
STO Premium is a great solution for traders who have experience and balance over 2,000$. The client will get spread starting at 0.4 pip and access to 15 chart indicators for 3 months, along with EAs.
PRO account requires 10,000$ initial deposit. It features a lower spread of 0.3% pips but for protection purposes with lower leverage upto 1:200.
VIP Client with 50,000$ Deposit receives spreads starting at 0.0 pip and one-year free access to comprehensive tools.
- AFX Fast is available through AFX Fast only. A demand deposit of 2,000$ is required. This will bring a STP execution to clients through spreads starting at 0.4 pips.
STO also offers Crypto Accounts to trade CFDs on Bitcoin and Ethereum with optimal trading conditions. 500$ is required for deposit. This includes leverage of 1:5 with negative balance protection.
FIX API account for protocol-based trading. It allows ultra-fast execution and keeps automated systems incognito. This account allows you to spot Forex, CFDs of Metals, Indices and Cryptocurrencies, as well as Oil liquidity. It also provides Multi-Tiered Executable streaming prices.
MAAM solution for qualified money and asset mangers also offers wide range of optimization and solutions.
STO Payment Methods:
STO offers several ways to fund your account and begin live trading. Those methods include VVisa, Mastercards, Visa Electron, Skrill, Przelewy24, CashU, WebMoney, Paysafecard, Neteller, Qiwi, Wire Transfer. For the convenience of our clients, payments can be made with EUR, USD and GBP for Polish Clients currencies.
With all fees paid by the company, the withdrawal process is simple and quick.
Conclusion
STO reviews show company as a licensed and fully regulated broker. Clients can trade confidentially with any market they choose. The broker has a comprehensive market offering that includes Cryptocurrencies as well as traditional trading instruments. They also offer an ECN execution model and a standard execution model. A broker can help traders of any size and with any strategy.
Update STO since August 2019
According to current information from the company and its officials, the AFX Markets Ltd & AFX Capital Markets Ltd licences have been suspendedas per FCA and CySEC (Learn more about CySEC regulated Legacy FX Brokers) regulators. We encourage you to conduct your own research on STO. More information can be found at tag Broker News.
