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Stockity

No Regulation
Madagascar
,
Since 2022
Last Updated:
22/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
500
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Credit/Debit Cards

credit card
1 days
Fee:
Free
Fee:
Free

E-wallets

e wallet
1 days
Fee:
Free
Fee:
Free

Cryptocurrencies

crypto
1 days
Fee:
Free
Fee:
Free

Bank Transfers

bank transfer
1 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 40%, 3: Software 0%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
4%Poor
License
40%Poor
Software
0%Poor
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Caracol Ltd
Founded:2022
Headquarters:Madagascar
Enterprise Offices:1offices

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

Positioning itself as an all-round trading broker, Stockity strives to accommodate novel trading solutions with an emphasis on ease of access, affordability, and community interaction, especially among the new generation of investors.

Despite the impressive feature set and ease of use, there are a number of important considerations regarding the background and regulatory status of Stockity. The following article provides an in-depth review of Stockity, including its history, key feature set, regulatory standing, trading environment, fee schedule, user experience, and the latest news to assist traders in making informed decisions.

Background and History

Stockity, launched in 2023, is an online binary options trading platform owned by Caracol Ltd, located in the Marshall Islands. Its headquarters are at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. This financial platform has been created to work with clients from all over the world and to provide them with a wide range of financial instruments and modes of trading.

Significantly, Stockity is just a rebrand of the Binomo online platform, which faced a number of regulatory bans from several countries due to the violation of consumer protection laws and fraudulent practices against its clients, including Indonesia. As such, this rebranding seems to be a tactical maneuver to get around such regulatory restrictions and rebuild Binomo's previous customer base by retaining the same trading interface, market data, affiliate programs, and account types.

Key Features and Offerings

Trading Instruments and Modes

Stockity covers forex, commodities, stocks, and cryptocurrencies-a broad spectrum of financial instruments. This allows traders to explore multiple markets within a single platform. The different trading modes that this platform provides include FTT, 5-second trades, and CFD trading, which makes it suitable for any trading style or preference.

Account Types and Demo Access

To further accommodate traders of different levels of experience, Stockity offers a demo account that is loaded with virtual funds worth $10,000. This allows them to practice their strategies and get familiar with the trading platform without taking any risks with real money. The minimum deposit for live accounts is $10 with a minimum trade amount of $1, thus accessible to beginners and those people who have less capital.

Social Trading and Community

The integration of social and community facets represents one of the main features differentiating Stockity. Traders are able to share insights, follow top performers, and take part in real-time discussions, fostering a collaborative environment. This social aspect resonates particularly with Gen Z investors, who welcome connectivity and peer learning during their trading journey.

Licensing and Regulatory Compliance

The factor of regulatory oversight is very important in choosing a trading platform. Stockity operates without regulation from any major financial authorities. It claims affiliation to TBT, Trusted by Traders, an independent regulatory body, though this is an institution that lacks the credibility and protections which established regulators could offer.

Because there is no acknowledged regulation, client funds are neither insured nor separated. Additionally, there is limited dispute resolution or legal recourse in cases of issues regarding blocked or lost funds. This lack of regulation is a very big risk to traders.

Regulator

License Number

Status

Major Financial Authorities

Not Regulated

TBT: Trusted by Traders

Not Applicable

Weak/Illegitimate

Trading Conditions and Platform Technology

Trading Specifications

With Stockity, users have the ability to access trading 24/7 and can interact with the markets at any time that suits them. The minimum deposit and amount of a trade within this particular platform are relatively small, enabling participation by traders across a wide range of budgets.

Feature

Specification

Minimum Deposit

$10

Minimum Trade Amount

$1

Demo Account Balance

$10,000 (virtual money)

Trading Hours

24/7

Spreads, Leverage, Commissions

Not publicly disclosed

Platform Technology and Tools

Stockity offers access to its platform both through desktop and via a mobile app that is currently available on Android. The interface is intuitive and user-friendly, more so for digital-native users. The traders enjoy real-time data feeds and a suite of 30 analytical tools, including indicators and drawing tools to support technical analysis and informed decision-making.

Fee Structure

Although detailed information about deposit fees, withdrawal fees, inactivity fees, and other commissions is not explicitly presented, Stockity positions itself as a low-cost, even commission-free trading platform. This approach corresponds with its aim to make the platform more affordable for younger traders by minimizing trading costs.

Fee Type

Details

Deposit Fees

Not disclosed; generally low-cost

Withdrawal Fees

Not disclosed

Commission

Commission-free trading claimed

Inactivity Fees

Not disclosed

User Experience and Market Reputation

Stockity takes inclusivity and education seriously, so the resources are free of charge and will help even a beginner learn all the intricacies of trading. The social features of the platform and community engagement tools elevate this user experience: interaction and knowledge exchange are empowered at their best.

The platform is, however, associated with Binomo, which was banned in Indonesia for fraudulent activities and other regulatory violations. The prior association and the lack of major regulatory oversight raise questions about the safety and reliability of trading with Stockity. Potential users should exercise caution and make their best judgment about the risks before they commit funds.

Recent Developments

According to the latest information available, Stockity's strategy has been to increase the user base by continuously enhancing its platform with more additions of financial instruments and features. During 2024-2025, there were no significant changes from a regulatory perspective, and no major updates were recorded. The community features, along with education and reasonable trading conditions, remain in place to attract Gen Z investors.

Conclusion

Operating with the model of a modern, approachable trading platform with instruments and a social trading component, Stockity aims at a more generationally young audience of investors. Low minimum deposit requirements along with commission-free trading would make it appealing for those who initially have limited capital. However, key risks involve the non-regulation by main financial authorities of the platform, but most importantly, the rebranding of a broker previously banned. Traders considering Stockity should weigh these risks carefully and be vigilant, while taking into consideration alternative platforms with better regulatory credentials and client protections. While Stockity offers innovative features and a user-friendly experience, without close oversight from its regulation, caution should not fall short.

Regulatory Licenses

Compliance & oversight

1 license
Marshall Islands
FSCTier 3
Marshall Islands#114137
License Details
Type:Financial Service Corporate
License #:114137
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

4 methods
Credit/Debit Cards
Credit Card1 min
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Deposits typically processed within one business day; withdrawal processing times range from 1 to 3 business days depending on method. Payment providers may charge their own fees.
E-wallets
E-Wallet1 min
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Deposits typically processed within one business day; withdrawal processing times range from 1 to 3 business days depending on method. Payment providers may charge their own fees.
Cryptocurrencies
Cryptocurrency1 min
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Deposits typically processed within one business day; withdrawal processing times range from 1 to 3 business days depending on method. Payment providers may charge their own fees.
Bank Transfers
Bank Transfer1 min
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Deposits typically processed within one business day; withdrawal processing times range from 1 to 3 business days depending on method. Payment providers may charge their own fees.
4
Free Deposit
4
Instant
1
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Stockity: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Stockity at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Stockity

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

CARACOL LIMITED(France)

France
active

Registration

899207914

Established

2022-06-14

Comments

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