StoxInvest has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The so-called education at StoxInvest is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past six months thinking they would help me learn.
Pros: Wide product range|Risk management tools
Cons: Live chat only during business hours|No dark mode on mobile
Customer support at StoxInvest seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Excellent charting|Instant funding|Market news feed
Cons: Desktop app not available on Linux|Limited cryptocurrency options
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. StoxInvest recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Automated trading options|No hidden fees|Two-factor authentication|Good analytical tools
Cons: Wish they had more educational resources|Limited cryptocurrency options
I trusted StoxInvest 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: Two-factor authentication|Real-time alerts
Cons: Nothing significant|No integrated tax optimization
Tried to withdraw my funds from StoxInvest 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: No regulatory oversight|Money disappeared|Fake testimonials
My card was charged twice by StoxInvest on the same day. I had to dispute it with my bank. StoxInvest then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Great customer service|Comprehensive tools|Demo account available|Regular platform improvements
Cons: Withdrawal takes 1-2 business days|Would like more payment methods
I was about to invest with StoxInvest but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Ontario Securities Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
After for about eight months with StoxInvest I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Regular updates|Clean UI|Multiple order types
Cons: Minor UI glitches occasionally|Wish they had more educational resources