Stock Fx has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
KYC with Stock Fx is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast execution|Demo account available|Tax reports included
Cons: Research section could be deeper|No dark mode on mobile
Several red flags with Stock Fx: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
Opened my account with Stock Fx based on a colleague's recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Helpful community forum|Fast execution|Excellent charting|Reliable uptime
Cons: Desktop app not available on Linux|Inactivity fee applies after 12 months
I found Stock Fx through a financial advisor and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Good analytical tools|Social trading features
Cons: Limited ETF selection|No fractional shares
I trusted Stock Fx with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Stable platform|Tax reports included
Cons: Wish they had more educational resources
After spending for just over a year trying to make Stock Fx work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Competitive fees|Instant funding|Dividend tracking|Automated trading options
Cons: No integrated tax optimization|Email notifications too frequent
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Stock Fx recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Tax reports included|Wide product range
Cons: Some tools only available on higher tiers
The spread at Stock Fx is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after my brother mentioned them and initially thought the platform was good - until I started trading seriously.
Pros: API access|Two-factor authentication|Risk management tools
Cons: Currency conversion fee exists|Desktop app not available on Linux
Tried to withdraw my funds from Stock Fx and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
After using Stock Fx for nearly two years, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Personal attention|Economic calendar
Cons: Spreads widen during volatile periods|Mobile app could be improved