Broker Reviews
Stockscale io Review – Demo Account – top 100 Broker ?
Table of Contents
Introduction to Stockscale io Review
Let us start from the beginning. People should keep in mind that Stockscale offers a wide array of tools to invest in the capital markets. It is possible to create a portfolio with cryptocurrencies, stocks, commodities, ETFs and more.
It is a new brokerage that has just opened its door. That said, Stockscale io has the ability to offer exemplary services and products.
To get more details proceed with Stockscale io review. In next sections we will provide a detailed professional analysis of the broker and its offerings.
Broker Name: | Stockscale io |
Broker Type: | CFD broker |
Operating since year: | 2022 |
Regulation: | Only KYC/AML |
Broker status: | Independent Broker |
Customer Service | |
Phone: | +447418355511 |
Email: | support@stockscale.io |
Languages: | English |
Availability: | phone, email, Social Media |
Trading | |
Trading platforms: | Desktop, Mobile and Webtrader |
The Trading platform Time zone: | |
Demo account: | yes |
Mobile trading: | yes |
Web-based trading: | yes |
Bonuses: | yes |
Other trading instruments: | Forex, CFD, crypto, commodities, indices, stocks |
Account | |
Minimum deposit ($): | $500 |
Maximal leverage: | 1:400 |
Stockscale Trading Products and Interesting Details
Stockscale io offers interesting trading products. Let’s start with commodities. It is worth mentioning that commodities trading has been an essential part of human history. In the modern world, commodities are mainly traded in two forms: cash settlement and forward settlement. As a reminder, when it comes to a cash settlement, the clearance date is in the near future, whereas, in a forward settlement, the clearance date is way further in the future and prices usually have wider spreads.
Interestingly, it is possible to trade different types of commodities. For example, oil and natural gas. Moreover, precious metals such as gold and silver.
It is worth mentioning that the most popular way to trade commodities is through futures contracts where there is an agreement to buy or sell a particular amount of the underlying commodity for a particular price at a later date. As a reminder, futures exchanges standardize the minimum quality and quantity of a commodity to be traded.
Interestingly, there are two types of traders in the commodity futures market: buyers and producers, as well as speculators. Importantly, buyers and producers use the futures market as a way of hedging against changes in prices. Moreover, this group of traders actually make or take delivery of the tangible commodity when the futures contract expires.
Notably, the other group, speculators seek to benefit from the price changes of futures contacts. Furthermore, they will close their contracts before the due date and will never make or take deliveries.
Stockscale : cryptocurrencies
Let’s have a look at cryptocurrencies as well. It is no secret that cryptocurrencies gained popularity all over the world. Importantly, cryptocurrencies are a new and exciting asset class. People should take into account that a cryptocurrency is a cryptocurrencies that exists purely in computer mode and is decentralized. Cryptocurrencies use cryptography to regulate as well as create additional units.
The most famous and largest cryptocurrency is Bitcoin. Nevertheless, there are more than 2,000 crypto coins and tokens available online.
Interestingly, thanks to Stockscale io, users can speculate on the price movements of various cryptocurrencies. Moreover, they can control a bigger trade position on their favorite cryptocurrency, with less capital outlay, by utilizing margin. Furthermore, it is possible to trade from any place at any time thanks to Stockscale io Mobile App.
Moreover, the firm’s robust trading platforms feature multiple order types, advanced charting tools, market analytics, and comprehensive market research. Also, the customer support team is highly responsive and available round the clock 24/6.
It is possible to trade the largest cryptocurrencies . Hopefully, Stockscale io is using top security technologies, and this fact underlines the importance of such systems.
Interestingly, the foreign exchange market is the largest market in the world, with a daily turnover of more than $6 trillion. Notably, forex has no physical or centralized location, and it is open 24 hours a day.
People should keep in mind that, forex trading is essentially the simultaneous buying of one currency and selling of another, on this massive decentralized global market. It is possible to speculate on the prices of more than 300 major, minor, and exotic currency pairs, on the firm’s intuitive and powerful platforms.
Trading Indices and Stocks with Stockscale
It is worth noting that an index is a weighted statistical average and measures the performance of a selected group of stocks. For example, analysts, economists, as well as investors use indices to assess the overall economic performance of a particular industry, exchange, market sector, or even country.
Importantly, the most common and well-known indices include the S&P 500, Nasdaq 100, Dow Jones Industrial Average, and the FTSE 100. Notably, the S&P 500 is an index of the 500 largest publicly traded companies in the U.S.
It is possible to trade major indices with Stockscale , such as the UK 100, US 30, Euro 50, and Germany 30. Moreover, some of the indices are also available for trading outside normal trading hours. It means people have the opportunity to speculate on their prices even if the markets are closed.
For instance, trading out of normal trading hours has the following benefits: increased flexibility and better prices. Thanks to increased flexibility it is possible to buy and sell over a larger period of time. As a result, people have more options and opportunities. Also, when it comes to better prices it is possible to take profit as well as trigger stop loss orders during out-of-session trading hours. Customers will probably receive better prices and avoid possible market gaps and slippages when the underlying market opens.
As a reminder, stocks and shares represent units of ownership equity in a company. Stocks give shareholders voting rights and a guarantee of the equal distribution of profits in the form of capital gains or declared dividends.
Stockscale io and its Platform
It is hard not to mention its platform. Hopefully, it is quite easy to use the platform. Moreover, cfdadavanced.com offers numerous videos that will guide you through all the features on the platform.
As a reminder, trading is simple. The first step is to select an asset. All users have to do is click on the “asset” tab on the platform. They need to choose a preferred asset from their extensive tradable asset selection offered by the firm.
The next step is to decide on the amount a trader wants to invest in any given trade. Unsurprisingly, the higher the investment, the higher the potential rewards.
Moreover, it is important to make a decision, whether to go short or go long on his or her preferred asset. Hopefully, advanced charts, graphical trading tools, technical indicators, and live analysis helps to make an informed decision on probable future price movements.
It is important not to forget about risk factors. When a trade position is open, customers should protect their positions from market risks. Customers should use Stop Loss and Take Profit orders. Thanks to Stop Loss orders it is possible to reduce potential losses. Moreover, Take Profit orders allows users to lock in their profits.
Users should keep in mind that, Stop Loss and Take Profit orders will automatically close their positions when triggered.
Stockscale io and Education
Hopefully, Stockscale io offers interesting information. It is desirable to read every chapter of the guide. Moreover, people will find this guide brimming with information for their financial education. Furthermore, Stockscale io’s goal is to educate investors and bring transparent investing to anyone who wants it, not just the elite.
They offer some great insights on strategies and other information as what you need to know before you start trading.
Fees and Charges at Stockscale io
Stockscale was established in 2022 and is aiming to become a leading provider of online trading in foreign exchange (FX, Forex), commodities and Index CFD’s. Stockscale embraces traditional finance from the main European capitals and combines it with modern technological thinking to establish ourselves as a leading fintech firm.
They empower a New Generation of Online Traders
In the last two decades, the rise of FinTech has upended the status quo in the financial industry, making it possible for traders of all backgrounds and experience levels to take an active role in global financial marketplaces.
As part of that continued evolution, Stockscale is committed to leveling the playing field and empowering traders to make more informed decisions, regardless of experience or location. They value transparency above all else and believe in tailoring the trading experience to the needs of the traders.
Learn How to trade
To be the innovative leader to the Forex market, they are dedicated to delivering new investment approaches and opportunities that are still minor in large brokerages. Furthermore, they have offered a True competitive pricing scheme for traders with our strong relationship with reputable banks and non-bank liquidity providers. Their pricing helps tighten the bid-ask spread; it offers competitive and attractive opportunities for investors to trade with Stockscale while getting rid of the conflict of interest.
Their Advantages – Benefits of Trading with Stockscale
- Excellent Trading Condition
Stockscale offers the best Trading Conditions to suit all Trading Requirements. - Variety of Markets to choose from
They offer a wide range of different asset categories to expand the horizon of your trading skills. - Technology Driven for Flawless trader experience
Best Trading Conditions complemented by State-of-the-Art Technology. - Top-quality 24/5 Support Team
24 x 5 Customer Support is one of the exceptional services you deserve,
They take exceptional care to customize the user experience to accommodate the needs of each region and individual therein.
Stockscale io Review: Conclusion
As can be seen from the review of Stockscale.io, it makes sense to cooperate with this firm. Moreover, its website provides many interesting details, and it is desirable to have a look through their website to see how well Stockscale io suits you.
We strongly hope that this Stockscale io review will give you accurate information about the broker enabling you to make the right decision of choosing this broker.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.