1LotSTP Forex Broker
1LotSTP.com, a forex broker has its offices in Saint Kitts and Nevis and has been providing the forex trading facility since 2008. They also started their internet based online trading system the very same year and hence became accessible to traders all over the world. Though they are comparatively new to the forex market when compared to many other companies in the market, they offer a wide variety of services to them. They have many bonus offers time to time which is not only lucrative but also adds to the funds of the traders. They also conduct trading contests time to time which give the traders a peek into their trading knowledge. They also have the facility of placing the order through telephone. They have MAM accounts, segregated accounts, managed accounts as well as Islamic accounts for their customers. They payment options are many which help the traders deposit as well as withdraw funds with ease and is also a hassle free affair. The currencies allowed in the accounts of the traders include Japanese Yen, United States Dollar and Euro. The country is well regulated by Nevis Financial Services and they do not entertain traders from United States to trade from their account.
They have an excellent website which is available in English, Arabic, German, Hebrew, Spanish and French. The entire website is very informative and has all the details which a trader may need to know. The customer support service is also available in as many languages and is very friendly. They can be easily reached via email, phone, and live chat. They offer various types of accounts like Micro, Standard, Pro and ECN along with a demo account. The trading platform provided by the company for both demo as well as real accounts is Meta Trader 4 which is well known in the forex market.
The reviews are the best medium of knowing about a company and while going through the reviews for 1LotSTP you will find many happy and satisfied customers. The most liked feature of the company is that the company offers many trading instruments like CFD, Futures, Indexes, Gold & Silver along with forex and all at a leverage of 1:400. Many traders like that the company allows the use of scalping in trading. The use of Expert Advisor is also allowed and is a boon for many traders as it helps a great lot in doing successful trading. Their website and the customer support service are multilingual and are liked by many traders. They offer 62 currency pairs to trade in which includes all the major pairs and a few exotic pairs as well. Their mobile trading and automated trading service is also liked by many traders. Some of the disadvantages of trading with 1LotSTP is that they do not provide free education to its traders and that they do not allow traders from United States to trade from their account. However, the average rating given to the company by its users is 6.2 out of 10.