StockPair Broker Review

StockPair Review & Details

So let’s get the main selling point out of the way: The StockPair trading platform does more than just provide you with a top binary options trading site. They also give you the option to to ‘pair off’ assets against each other predicting which one will out perform the other with their pair options trading. This combination is what makes this binary options broker a cut above the rest and why we’ve come to love this innovative and user friendly online trading platform.

Established in 2010 StockPair has a fairly minimalist approach to trading binary options. This is undoubtedly due to the focus they have on stock pair trading, but that said, this is no bad thing. Beginners, for one, will find it easier to start without the confusion of  complicated technical financial blurb. Of course, their choice of binary options is rather stock heavy considering their background, but that should equally please seasoned traders.

However, if you like 60 second binary option trades, you will be happy to hear that StockPair have  now implemented this trading option along with 90 second expires. If it’s the thrill of the risk taking high that you love from the 60 second trades and short expiries, rather than the method itself, this StockPair broker has enough in it’s ‘pair options’ assets to keep you happy.

You have to love the simplicity of it really. In fact (and we think many in the binary options community will agree here) pair options can be far more thrilling than binary options – and far more simple. Who would have thought? After all, binary options go either up or down right? But Pair Options are not affected by global market trends and require less study to get it right. It doesn’t matter if the market is going down or up, it only matters what the two pairs of stock options you’ve chosen are doing. So if both stocks go down, as long as the stock you’ve picked is higher or lower than the other, you win. It’s a great way to trade in any market, whether bullish or bearish.

Best of all, it is incredibly quick to grasp and it doesn’t take a lifetime to master.

What are Pair Options?

There are two basic forms of trading Pair Options at StockPair:

• Fixed Pair Options: These are options in which the stock which performs the best is determined by the performance from the time you purchase the option (start time) until its expiry time.
• Floating Pair Options: These are options in which the stock which performs the best is determined by the performance in a fixed predefined period. For instance a day, a week or a month.

The basics are simple. Pick two stocks. Choose which one will outperform the other. If you pick right, you profit.

Floating pair returns are based on a relative odds. So a little like sports betting, if you back the favourite horse, you will generate less percentage profit (10-15%) to choosing  the underdog (anything from 250%-360% returns).

Fixed pairs are even simpler than that and will have a fixed % profit return if your pair ‘wins’ in the amount of time you’ve chosen (from 5 minutes to a few days).

Needless to say, we are hooked to this new form of binary options trading instrument.

The Trading Platform

We found the StockPair trading platform to be quite unique and intuitive to use. You can easily select between binary options or pairs and then select which underlying assets or options you would like to trade. Expiry times range from anywhere between 60 seconds to 150 days depending on your trade and you can choose between small trades of $20 (the minimum) to a maximum of $6,000.

Your selections are clearly highlighted and once you have chosen the direction of the trade you will be shown exactly how much you stand to gain including the return percentage.

What we also found was quite innovative, were the two little tabs at the bottom of the screen indicating ‘sentiment’. No, this has nothing to do with your feelings, but whether the option you have chosen is likely to move up or down as well, as the daily history showing the assets rise and fall over each day. Their sentiment tool gives you a fantastic basic daily overview of what might happen. However we always recommend you also do your own analysis to back up what these indicators and binary options signals are suggesting. After all, more knowledge is power.

Financial Assets & Expiry Times

StockPair have a total of over 150 underlying assets to choose from (at our last count). However, needless to say, these are mainly stocks. That said, the asset choice is far more than many of the binary options brokers that only give you binary assets as an option. With popular stocks like Apple, Google and Facebook to choose from and the ability to pair off options, the trading possibilities increase exponentially.

Expiry times for fixed pair options range from 5 minutes up to 150 days where as floating pair options have less expiry times between a day, week or monthly. They do now offer the popular 60 second binary options trading as well as 90 second expires as mentioned in our review above, which has become a popular way to 'gamble' on binary options.

Profit & Returns

Profit and returns at StockPair depends on what assets you trade. With fixed rate pair options varying between a modest 75% - 85% in the money, it still manages to be one of the highest rates on the market. If however you choose floating pair options then you have the chance for even higher returns up to a huge 350%.

Like most good binary options brokers on the market StockPair don't charge any commission or fees when you purchase options via them, so there will be no surprise charges. StockPair minimum trade size is a decent $/£/€20 allowing for good returns.

Deposits & Withdrawals

The StockPair minimum deposit is 250$/€/£ which is slightly higher than the industry standard for a binary option platform, but their recent platform upgrade offers you more than the standard. You can choose between popular deposit methods such as Credit Card, Wire Transfer, CashU and even safer via an e-wallet like Skrill(Moneybookers).

They do not provide any refund for any out of the money rebates. So beginners will need to pick carefully. They do have cashback offers however, which are always welcomed and determined on how much you spend with them. A much better offer.

Like any good binary options broker out there StockPair take their fraud checks seriously. That's why you will need to provide them with photo ID and a utility bill for confirmation of your address in order to authorize your account. You will only need to do this once and it makes the withdrawal process quick and easy.

What's surprising is that there is no limit on withdrawals from your StockPair account.You can make a request to withdraw any profits from your account and they will be processed within 2 working days, plus any extra time for your bank to process the transaction depending on your withdrawal method. And as you have already done the security checks when you first deposited this should make getting your profits out a breeze.

Customer Support

StockPair provide support in about 9 different languages including, English, French, Spanish, German, Arabic, Dutch, Italian, Swedish and Russian. They also offer many ways to contact them including Live Chat, Email, on site Contact Form and Phone.

Support Email: support@stockpair.com

Support Numbers:

• Worldwide: +44 203 026 9430
• USA: +1(917) 383 2217
• UK: +44 203 026 9430
• Canada: +1(416) 800 1693
• France: +33 975 18 0570
• Italy: +39 069 936 7406
• Spain: +34 911 230 437
• Bahrain: +973 161 998 53
• South Africa: +27 105 003 980
• Australia: +61 261 710 710
• Hong Kong: +85 236 931 1492

Mobile Trading Platform

The StockPair mobile site leaves no trading feature unturned. You will be able to find all the functionality of the online desktop trading platform for use on your phone wherever you are. Their mobile site is safe and secure to use allowing you to make trades on the go within just a few presses.

With fast updates on your ongoing or possible future trades as well as a stable trading platform that's intuitive and easy to navigate. The StockPair mobile trading platform is one of the best out there.

Free Financial Tools & Features

As StockPair is a little different from the other brokers we feature it's hard for us to compare the features they provide, however we are happy to report that they cover all the basics and a little more on top. Features like Rollover and Early Closure give you greater flexibility whilst trading binary options. Equally their risk management tools work well, and their indicator areas allows you to see the current sentiment and daily history along with easy to read trading charts for analysis.

They also provide live financial market feeds from Reuters along with market news to keep you on top of the current state of the financial markets. You will also be able to find a host of FAQs and a video tutorial showing how easy it is to trade using their platform, including a trading simulator. Their education section is pretty much the points we've just mentioned, so lacking somewhat, but brokers are there to provide you a good binary options platform to trade and the financial tools to do it well - both of which is does very well.

Trading Accounts

StockPair give their traders the option to choose between a variety of different trading accounts. Depending on how much you are willing to deposit you'll get access to either a Silver, Gold, Platinum or a VIP binary options account.

Each account comes with extra benefits including access to a trade expert, trading indicators and the potential to increase your maximum position. For gold, platinum and VIP members they also offer between 1% and 3% monthly cashback. Something to be aware of if you are a serious trader. Another perk is that if you reach the minimum required deposit your account will automatically be upgraded to the next account available. You can also get hold of a StockPair demo account, but you'll have to contact their support staff after you register for more details.

Conclusion

StockPair have a different approach to options trading than we have seen from any other binary options broker. Their unique take on Pair Options trading and Kiko Options trading gives you the ability to make trades even easier and gives you greater flexibility as a trader. They have wide range of underlying assets (especially stocks) to trade and returns up to 350%.

The minimum deposit of 200€/$/£ is average and with a minimum trade of 20€/$, you have the chance to start off small until you become comfortable using their platform. Something which should not take long considering their incredibly user friendly no download required binary options trading platform.

They take the hassle out of binary trading and give you a world of profit making opportunities. What's not to love? They are one of the best binary options broker platforms around.

This is a broker that gives you more options, a new way of trading and best tools of the trade. StockPair is definitely worth trying out in our book.