StockPair.com Broker Review

Stockpair is part of a new wave of online brokers that specialize in stock pair trading. Stock pair trading lets you trade the same stocks everyone else trades, but in a new and interesting way that is similar to forex trading. The platform is easy to use, fast, and customer service is great. The only downside to the potential trader is that trading is only permitted when the markets are open.

What Exactly is Stockpair?

Stockpair was founded in 2010 in Dublin, Ireland. It specializes in pair options trading. This is similar to binary trading, where you are trading on the basis of an underlying asset going up or down in value. The main difference between stock pair trading and digital options trading is that you are comparing the relative prices of two stocks with each other. In this way, it is similar to forex trading where you trade in currency pairs.

This sounds complicated, but Stockpair makes the entire process simple. All that you need to get started is knowledge of two stocks that are paired up and you will trade on which on you think the better performer will be.

The Stockpair Platform

Stockpair has their own proprietary platform built with the latest technology to keep your money and financial information safe and secure. It is completely web-based, allowing you to trade from any computer, anywhere in the world.

If you’re not a financial genius, you don’t need to worry about being overwhelmed with the platform. Stockpair avoids using any complex financial jargon and instead lets you trade visually with a clear presentation of your stock pair’s movement and quick, one click access to the information and data that you need to make good trades.

Account Basics

Stockpair provides you with a free demo account to bring you up to speed in the new, exciting world of stock pair trading. A detailed learning and knowledge center is included on the site so that you can learn quickly and easily about trading stock pairs and how to make money with Stockpair. Once you’ve used your demo account to prove that you are profitable, you can open a new account with a minimum deposit of $100. Pair contracts are allowed for denominations between $10 and $500.

When you are trading, you can also choose between fixed and floating options. Fixed options give you a slightly better price, but once they are bought, they have to be held to expiration and can’t be traded. Floating options, on the other hand, have slightly worse prices but can be traded up until the expiration of the option.

You are able to trade in both American and European stock pairs, but only while the markets are open. You will be able to trade during most hours of the day, but if you want to do so, you will have to trade in the American and European market. If you prefer to only trade in one you will be limited to the times the market is open.

If you have any troubles with your account, the dedicated Stockpair support team is also there to assist you. The response times are quick, but service is only available in English and during trading hours. After hours inquiries will have to wait until the beginning of the next business day.

Stockpair is part of an exciting new development in online trading, stock pair trading. It combines the excitement of digital options and the forex market with the stocks that you are familiar with. They offer great support, an easy to use web-based trading platform, and a detailed knowledge center to bring you all the information that you need to know to trade profitable. If you think they are right for you, get started by opening a demo account today.

Open a Free Demo Account at StockPair.com

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StockPair.com Broker Review, 3.0 out of 5 based on 4 ratings



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