StockPair.com Review – Pair Options Trading
- Official URL = https://www.stockpair.com/
- USA Traders No Longer Allowed
- Office HQ in Cyprus
- Unique Stock Pair Trading Offered
- Low Minimum Deposit ($200)
- Low Withdrawal Minimum ($20)
- Trade With Large or Small Bankroll
- Award-winning broker (DailyForex Awards, FXEmpire Awards)
- Bonus Offer Cash Back Program up to 3.0% or $100,000, Match bonus up to 40%
- Payouts avg ~ 83%
Here Is What The Official Website Looks Like
- Excellent reputation
- 150+ assets
- Low Deposit ($200) and Withdrawal Minimums ($20)
- Strong Variety of Expiry Times
- Five Minutes To 150 Days
- Very competitive returns
- Largest choice in stocks to trade
- No Demo Account Available
- No 60 Second Options
- Binary trades are High / Low only
- No US Clients
I really like trading at Stockpair.com and I am confident you will too. In the world of binary option brokers StockPair has maintained a long standing reputation of integrity, fairness and transparency. Something to be admired in this industry. They are on my very short list of places I like to trade. They use a innovative trading platform operated by Nextrade Worldwide Ltd.
Getting Started – Open An Account
Step 1: Account Creation
It takes minutes to register and open an account, and no deposit is required until you’re ready to trade. You’ll find a “Trade Simulator” on the site, but this is not a demo account—it’s just a video demo to show you how the site works. Once you do decide you want to get started, you can deposit $200, or the equivalent in Euros or British Pounds.
Step 2: Funding / Depositing
A number of deposit options are available, including credit card, wire transfer, MoneyBookers, iDEAL, and CashU. There are four account tiers above the basic level, starting at $1,000: Silver, Gold, Platinum, and VIP. The VIP account is only available to traders who deposit $50,000 or more. So this is a site which is actually geared toward traders with large or small bankrolls. Most binary options sites cater toward traders with small accounts, so this flexibility is outstanding for professionals who have (or will have) a lot of money to trade.
No fee’s! Another feature we like about this broker is the lack of fees or commissions, even on withdrawals. The low minimum deposit of $200 is a great feature for new traders. There is also a relatively low minimum withdrawal amount. While we’d prefer no limit, we can’t really complain about $20. A lot of other brokers set the limit at $100 or even $200. High limits like that raise a red flag for us, so it’s great to see a broker that has a reasonable limit.
Trading Pair Options, aka Stock Pairs
Navigate to the “Trading” page, and you’ll see the website’s unique, proprietary trading platform. On the left-hand side of the screen, you’ll find a panel which lists “Binaries” and “Pairs” at the top. Below that you’ll find more than 150 assets, including stocks, indices, commodities, and currencies.
One thing that is cool is if you click on “Technical Analysis” for a given option (or stock pair), you’ll see a chart with some basic indicators plotted on it like RSI. Of course, this isn’t going to be useful to you until you learn how to use those indicators, and we also think that you need to come up with your own strategy and use indicators that fit that strategy. But again, it’s a site feature pointing traders in the right direction.
Another thing we like is that there is a trader sentiment graph showing which way the bets are going for this particular option.
While there are a ton of choices for pair options, StockPair.com offers one style of binary options, the up or down. There are no one touch, no touch, boundary trades.So if you’re looking for a platform which gives you these capabilities see our broker reviews page.
The stock pair trading however is a truly unique feature which you won’t find at your average broker, and they feature it. Pair options allow you to trade in relative performance one stock vs another. If you are familiar with forex trading, this is much the same, except that you’re doing it with pairs of stocks instead of currencies. As with Forex trading, this offers you the benefit of potentially profiting in either a bullish or bearish market.
The trading platform makes it incredibly simple to understand.
If you click on Facebook/Google for example, you’ll see a simple question: “Which will perform better? Facebook or Google?” You pick the one which you think will perform better, and if it outperforms the other stock, you win. This is true even if both stocks are falling, as long as yours still outperforms the other stock.
Trading Features Available
- Trade binary options or stock pairs
- Technical analysis provided on-site
- Trade control (set entries and exits)
- Personal trade expert (expert one-on-one analysis)
- Market review
Strategies and Ideas
Is Stockpair a Good Broker? Yes.
Stockpair is a broker well worth checking out and one of my top choices. They provide many different tools and resources to traders, particularly those with premium accounts. Most binary options sites don’t cater to traders with large bankrolls, whereas this one does, which tells us that they are looking for serious customers. At the same time, they don’t make it difficult for small account holders to trade or withdraw their money. You can reach customer service via telephone, live chat, web form, or email.
Stock pairs offer traders a unique way of engaging the market and benefiting even in situations where the market is bearish—something traditionally associated with currency trading. Even when two stocks are both dropping, you can feasibly make money just by betting on the one which is falling more gradually. Trade control enables you to set limits for your losses before you enter a trade so that you know exactly what your risk is. Remember to come up with a trading strategy which provides reliable results before you trade live, and since there is no demo account, it is especially important to back test your techniques on historical data beforehand.
If you do open up an account with the minimum, check with customer service to find out what benefits you’ll receive since the basic account is not listed on the accounts overview page.
Ready to trade stock pairs? Visit StockPair.com and start trading in minutes!