- Tight spreads, superfast execution, flexible leverage, and low margins
- Regulated FX & CFDs broker that operates a pure STP policy
- Advanced trading tools including 12 EAs, 15 chart indicators and a VPS service for free
- Access to STO’s portfolio management service
- STO only accepts GBP, EUR or USD.
The beauty of STO is that they not only give you a place to invest, they also teach you how to get the most out of your trading activities. Depending on your account type, you can access 12 EAs, 15 chart indicators, trading signals, a VPS service, trading tools, and calculators. You can also use their webinars, seminars and trading courses to improve your knowledge and explore different trading strategies.
With STO, you know you have a broker you can trust. Ensuring the safety of client funds is of the utmost importance to the company and deposits are well-protected. They hold client funds in segregated accounts in top-tier EU banks, including Barclays UK. STO are regulated by the FCA (FRN: 560872), CySEC and registered with the South African FSB (Company No: 07612002).
STO Standard Account Types
STO Classic: With a minimum deposit of $100, the STO Classic account gives a trader access to the MT4 platform, spreads from 1.6 pips and leverage of 1:500. Traders who also want to branch out into trading shares, bonds, oil, and metals can also do so from this account, making it quite versatile. While I find the spreads quite wide, this is expected for an account with such a low minimum deposit.
STO Premium: For those who want the classic account, with tighter spreads, the STO Premium account is a better option for you. With a minimum deposit of $2000 USD, you will get spreads from 0.4 pips and leverage up to 1:500 and MT4 platform access – as with the classic account. This is a good account for the serious trader who could see spending time trading the wide range of instruments and potentially becoming a professional trader.
Pro: The Pro account tightens spreads up even more for the serious trader with spreads as tight as 0.3 pips. With a higher minimum deposit of $10,000, this account is targetted at the trader who is comfortable with trading and is seeking better trading conditions. Since MT4 is the platform used, this makes it easy to migrate away from another broker with limited interruption. The Pro account offers much more historical data in the charts than both the premium and classic accounts, which makes analysis over longer timeframes easier. Maximum leverage on this account is set at 1:200.
VIP: The VIP account offers spreads from 0 pips and 12 months of data in the charts. For the MT4 professional trader, this is the account to choose. Minimum deposit for this account type is $50,000 but for serious day-traders this in a normal amount to have invested with a broker.
AFX Fast: This account uses the AFX Fast platform instead of the MT4 platform, and requires a minimum deposit of $2,000. The spreads are as tight as the Premium account. The main differences with this account type is it does not include signals, the chart data that comes with the 4 standard accounts above and leverage is reduced to 1:00. The advantage with this account is to be able to use the AFX Fast platform for your trading.
STO is part of a larger investment company, AFX Group. STO is collaborating with AFX Group’s wealth portfolio management division Quantic (CySEC Licence No. 119/10 and Registration No. 253014) to offer STO clients access to additional investment services. Quantic has developed a specific strategy for STO based on Quantic’s institutional Global Macro. STO offers all suitable investors access to a leveraged version of the institutional portfolio management strategy called Investo if you wish to have a managed setup instead of making trades yourself. For more information read more here.
STO gives you two ways to trade – with MT4 or with AFX Fast. For more information, see the account descriptions above.
With the MT4 platform, you can trade anywhere, anytime via STO’s WebTrader. It has unmatched system stability and can be accessed from your mobile, giving you greater flexibility to trade. It provides excellent market execution, access to STO’s EAs, fast-switching between multiple accounts, a strategy tester and live market news.
AFX Fast is a powerful institutional trading platform. With this platform, you will get a unique combination of cutting-edge technology and a smooth, professional user experience. With this platform, you get multi-level pricing, charting tools, and easy access to reports and position tracking.
Client Service & Onboarding
Following signing up for your account, STO will need to complete their back-office work. This is where they check the papers you have submitted to support your account. This is done quickly as the STO back office department is open until 8 pm Cyprus time. Documents should be either sent via email or uploaded through the trading area. As soon as your registration is complete you will get a phone call to see if you need help with completing the documents.
Clients have access to 24/5 live chat support, and each client has a dedicated account manager who can be reached via e-mail, Skype and phone.
Deposits and Withdrawals
You can make deposits with STO by way of traditional credit cards or by banking wire transfer. You can also use alternative payment systems, such as Skrill, Przelewy24, WebMoney, Neteller, CashU, Qiwi. Your deposits can be made in EUR, GBP, and USD. For further information, you can visit them online.
Withdrawals are processed within the same day if requested during working hours or if not, they are processed on the next working day. Withdrawals will be returned to you using the same method you made the deposit with.
- Choose from 300+ trading instruments across 6 asset classes
- Trade with a regulated broker that operates a pure STP policy
- Benefit from tight spreads, superfast execution, flexible leverage, and low margins
- Access advanced trading tools including 12 EAs and 15 Chart Indicators
- Develop your trading knowledge through webinars, video courses, and market analysis
- Benefit from negative balance protection
- Choose from a wide range of deposit and withdrawal options
- Trade on STO’s industry-leading MT4 and AFX Fast platforms
With several account types to choose from, there is something for all traders at STO. They are well-regulated by trusted bodies and offer excellent customer and trading support.