Score
StoicFX
https://stoicfx.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
StoicFX-Trade
Influence
C
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
C
Influence index NO.1
Contact
Licensed Entity:STOICFX (PTY) LTD
License No. 53079
- This broker exceeds the business scope regulated by South Africa FSCA(license number: 53079)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
stoicfx.com
77.37.115.142Server LocationSingapore
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| StoicFXReview Summary | |
| Founded | 2023 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | / |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Copy Trading | ✅ |
| Customer Support | Contact form |
| Email: Support@stoicfx.com | |
| Social Media: Twitter, Instagram, YouTube | |
| Address: Office 222, 2nd Floor Ingenuity Park, 3 Nandi Mthmebu Drive, Ballito, Kwa-Zulu Natal, 4420 | |
| Regional Restriction | Afghanistan, Algeria, American Samoa, Angola, Australia, Belgium, Bosnia and Herzegovina, Brazil, Cambodia, Canada, China, Cuba, Democratic People‘s Republic of Korea (DPRK), Guam, Guyana, Hong Kong, Indonesia, Iran, Iraq, Israel, Japan, Lao People’s Democratic Republic, Macao, Malaysia, Myanmar, New Zealand, Northern Mariana Islands, Panama, Papua New Guinea, Philippines, Puerto Rico, Russia, Singapore, South Korea, Sudan, Syrian Arab Republic, Taiwan, Thailand, Turkey, Uganda, US Virgin Islands, USA, Vanuatu, Vietnam, Yemen. |
StoicFX Information
Founded in 2023 and registered in South Africa, StoicFX offers a variety of tradable financial instruments, including foreign exchange, commodities, indices, and cryptocurrencies, and supports the MT5 platform and flexible trading options with a minimum deposit of $10. Although it offers advantages such as demo accounts, multilingual support, 24/7 customer service, and Islamic accounts, the company is not regulated and lacks detailed information about the deposit and withdrawal process, so investors need to be cautious about the security of their funds.

Pros & Cons
| Pros | Cons |
| Demo account available | Exceeded license |
| Various trading products | Regional restriction |
| MT5 support available | Limited info on accounts |
| Copy trading supported | |
| Low minimum deposit |
Is StoicFX Legit?
StoicFX is not regulated, and traders are advised to exercise caution when trading and use funds prudently.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
| South Africa | Financial Sector Conduct Authority(FSCA) | Exceeded | STOICFX (PTY) LTD | Financial Service Corporate | 53079 |

What Can I Trade on StoicFX?
StoicFX offers a variety of tradable financial instruments, including forex, cryptocurrencies, indices, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Fees
Spreads: the spread is from 0.0 pips.
Swap Fees: StoicFX offer swap-free accounts for traders adhering to Shariah law.

Trading Platform
StoicFX supports trading on the MT5 platform, which can be used on a variety of devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |

Deposit and Withdrawal
StoicFX supports the following payment methods: Bank Transfer, Instant EFT, Crypto, Credit/Debit Card.


Keywords
- 1-2 years
- Regulated in South Africa
- Financial Service Corporate
- MT5 Full License
- Regional Brokers
- Suspicious Overrun
- Medium potential risk
Wiki Q&A
What is the minimum withdrawal on Hesper?
The minimum withdrawal amount is $20 USD, ensuring that transaction and processing fees are covered.
What is the leverage offered by Hesper?
Hesper offers leverage on its trading accounts, but specific leverage limits are not mentioned. Traders are advised to check the platform for full details based on their account type.
Can I use an Islamic Account with Hesper?
Yes, Hesper offers an Islamic Account that is swap-free and complies with Shariah principles, making it suitable for Muslim traders.
Is Hesper safe and legit?
While Hesper is not regulated, it offers a secure trading platform with tools designed for safety and reliability. However, users should carefully consider the potential risks of trading with an unregulated broker.
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MarkJenkins
United States
Their spreads and trade execution speed make StoicFX feel more professional than my old trading platforms.
Positive
FX2845146184
Canada
I really like that StoicFX offers different kinds of accounts. It helped me pick one that fits my budget.
Positive
Alex8816
Ukraine
I recommended StoicFX to my trading peer after having a positive experience.
Positive
StevenMartinez
United Kingdom
My spread costs on major currency pairs dropped since I started with StoicFX.
Positive
Tamisha
Canada
StoicFX made my deposit and withdrawal process straightforward and reliable.
Positive
JaredBryant
United States
I trade using my MT5 account on their platform, and it's been very stable with no crashes.
Positive
RicardoDowman
United Kingdom
My mobile trading on StoicFX works perfectly whenever I am away from my desk.
Positive
LeahPeterson
Canada
I did crypto trading on StoicFX, and it went really smooth. The speed and performance are excellent.
Positive
RoyRobinson
Australia
I tested MT5 automated trading on their system. My strategies execute perfectly now and save me lot of time.
Positive
MdSihab
United Kingdom
I tried their MT5 platform for automated trading. My strategies now perform efficiently.
Positive
FX8347839692
Canada
I enjoy using their web trading platform. StoicFX keeps my trades neat and always accessible.
Positive
Zilu
Australia
I tried their services, and it was simple for me to follow. StoicFX made my trading experience comfortable and clear.
Positive
ChloeLewis
United States
I tried their platform, and trading BTC and ETH went well for me with no hassle.
Positive
SydneyButler
United Kingdom
My experience with StoicFX MT5 platform is excellent. Charts and tools help me trade confidently.
Positive
Kristi812
Canada
I tried StoicFX platform for commodities trading, and it was impressive. My trades were executed very fast and correctly.
Positive
NicolasDupont
United Kingdom
My experience with their MT5 platform is excellent. Trades are executed fast and without delays.
Positive
LeoSchneider
United States
I trade with StoicFX regularly. Their service is professional and makes trading easy for me.
Positive
FX1020468388
United Kingdom
I trade on their MT5 platform regularly. My executions are always fast and correct!
Positive
AmeliaRiley
United Kingdom
I use their MT5, and my trades execute very fast. It always feels like a solid and reliable experience with StoicFX.
Positive
MarkRobinson
Australia
I tried StoicFX for indices trading, and it works perfectly. Their customer support also helped me with everything.
Positive