MetaTrader 4
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
Runs on
- Windows
- Mac
- Web
- Android
- iOS
Details
Is StreamForex a scam?
Wikilix independent safety report
65%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5
StreamForex is a high-risk, unregulated offshore broker: it takes client deposits but holds no forex licence from any real financial regulator. The brand itself is old, but the company that actually…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIdentity & transparency5/10 · ModerateWithdrawals & conduct5/10 · ModerateReputation6/10 · HighWebsite claims5/10 · ModerateOperational history6/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about StreamForex: its history, the licences it holds, its trading conditions and its fees.
Overview of StreamForex
Introduction to StreamForex
It is important for both novice and experienced traders to take the time to research the services provided by a broker before entering into a relationship with them. StreamForex is a global broker focusing on providing a wide variety of financial services to traders through user-friendly trading platforms. Due to the lack of publicly available data, this article will provide an overview of StreamForex's products and services, as well as its general trading conditions. The goal of this overview is to allow traders to make well-informed decisions prior to opening an account with StreamForex.
Company Background
StreamForex has only recently entered the market, and has not yet established a long history in the forex and CFD trading business. In the absence of a complete historical overview, it appears as if StreamForex is primarily interested in becoming a reputable broker by providing traders with attractive trading conditions and a variety of trading instruments.
What Does StreamForex Offer?
Based on the limited data available, StreamForex offers different types of services to meet the needs of a broad range of trader profiles. Traders can trade all global currency pairs against each other, as well as through contracts for difference on a variety of different global economic indices.
Regulatory Compliance and Licensing Information
Regulatory compliance with the proper authorities ensures safety and transparency for traders. As of the current time, there is no accessible data to verify the regulatory/licencing status of StreamForex. Traders should conduct research before committing funds to the broker.
Trading Conditions and Platform Technology StreamForex claims to offer competitive trading conditions to suit a large client base. It is reasonable to assume StreamForex offers variable spreads, maximum leverage of up to 1000 to 1, and very low minimum deposit limits ($5 minimum deposit limit). StreamForex's trading platform most probably supports the industry standard, MetaTrader 4.
Trading Condition Details
Variable Spreads
Maximum Leverage 1000 to 1
Minimum Deposit Limit 5
Fee Structure
Limited to: Deposit Fees (£0), Withdrawal Fees, Variable Fees (based upon withdrawal method), and No Commission.
User Experience and Broker Reputation
Due to the limited public data on StreamForex, it is difficult to evaluate user experience and reputation. Individuals interested in opening an account with StreamForex are encouraged to seek feedback directly from existing clients or review platforms to verify transparency before committing funds.
Recent Developments
No current publicly available information related to any recent updates or innovations of StreamForex. Traders should monitor StreamForex's website and social media accounts.
Conclusion
StreamForex appears to be an attractive option for traders who wish to trade forex and contracts for difference. It is assumed that StreamForex offers very low minimum deposits ($5.00), high margin (maximum 1:1000), and widely used trading platforms (MT4). However, due to the lack of regulated information, the absence of reasonable fee structures, and lack of user feedback, prospective traders are likely advised to conduct due diligence prior to opening an account with StreamForex. Additionally, monitor the company's website and social media pages for updates, as the company continues to grow.
Regulation check
Regulatory Licenses
We have not confirmed any regulation for StreamForex. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for StreamForex. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
3 account types on record. Minimum deposit from USD 5. Leverage up to 1:1000.
3 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| Cent | USD 5 | 1:1000 | No commission |
| ClassicStandard | USD 5 | 1:1000 | No commission |
| ProfessionalVIP | USD 5 | 1:1000 | No commission |
Deposits & withdrawals
Funding Methods
4 ways to fund an account. 4 credit instantly.
4 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Visa/MasterCardCredit Card | Not recorded | 4.5% | Not recorded | Not recordedNot recorded | Instant |
| USDTCryptocurrency | Not recorded | USD 1 | Not recorded | Not recordedNot recorded | Instant |
| Local Bank TransferBank Transfer | Not recorded | 1.5% | Not recorded | Not recordedNot recorded | Instant |
| VoletE-Wallet | Not recorded | 0.5% | Not recorded | Not recordedNot recorded | Instant |
Trading software
Trading Platforms
One trading platform on record: MetaTrader 4.
1 platform
Websites
Global Domains
2 domains on record. All active and served over HTTPS.
2 domains
Company registry check
Company Registration
StreamForex names StreamCapital Ltd as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- StreamCapital Ltd
- Registration number
- 2024-00555
- Jurisdiction
- Saint Lucia
- Registry
- Saint Lucia Registry of International Business Companies
- Registered address
- Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Peer comparison
Brokers worth comparing
3 other brokers on the record share what StreamForex offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
StreamForex
This recordSaint Lucia · since 2012· StreamCapital LtdWikilix score 35.0RegulationNo RegulationMax leverage1:1000Platforms1LicencesNot recordedMondFx
Saint Lucia · since 2024· Mond Trades Ltd.Wikilix score 35.0RegulationRegulatedMASMax leverage1:500Platforms3Licences1Brex Capital
Comoros· Brex Capital LLCWikilix score 35.0RegulationOffshoreMISAMax leverage1:3000Platforms1Licences2AIMS
Malaysia · since 2015· Auric International Markets LimitedWikilix score 35.0RegulationRegulatedASICMax leverage1:500Platforms2Licences3
Frequently Asked Questions
Frequently Asked Questions
Common questions about StreamForex
Most Popular Questions
According to WIKILIX data, StreamForex offers a maximum leverage of 1000. This high leverage level allows traders to control larger positions with a smaller amount of capital, but it also increases risk.
Not specified.
StreamForex supports several funding methods including Visa/MasterCard, USDT, Local Bank Transfer, and Volet e-wallet. Deposits generally have no fees, but withdrawal fees vary by method, ranging from a fixed amount of 1 USD for USDT to percentage fees such as 4.5% for Visa/MasterCard withdrawals.
StreamForex provides access to the MetaTrader 4 platform, which is available on web, iOS, Mac, Android, and Windows devices. MetaTrader 4 is known for advanced charting, automated trading capabilities, and reliable execution.
StreamForex, operated by StreamCapital Ltd and based in Saint Lucia, currently has no regulation. This means it is not overseen by any financial authority, which may affect the level of investor protection. Users should consider this when evaluating the safety of trading with StreamForex.
Comments
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