StockCore (formerly known as StockLux) is an unlicensed / offshore Forex broker that opened on May 6th, 2020. Their official website is located at: https://StockCore.cc/.
For withdrawal problems or broker complaints, read this.
StockCore Trading Review
Our review of the brokers StockCore finds that they offer Day Traders and Investors, the Status web-based CFD trading platform, which is user friendly, and simple to use.
Alternatively, you will find the industry standard MT4 trading platform available for download. The mobile trading app offered, is the standard Android & Apple apps for MT4.
A wide range of underlying assets are available for CFD trading including; Major Forex Pairs, Minor Forex Pairs, Crypto Currencies, Metals, Commodities, Indices, and Global Stocks. Margin rates for bitcoin trading is 10:1, and the spread on BTCUSD is $88. The minimum deposit for a trading account at StockCore is $250, and they use a few different payment processors including; Paytrio, Paystruct and Cashir.Live for Crypto.
Algorithm Trading App
Just like you, we stumbled across these brokers, because we signed up for the Bitcoin Trend App trading app. Before investing with an automated trading system, you should know that 99.9% of people lose money that way. The truth is, the only person making money is the one who wrote the article!
For a more detailed explanation of how the scams operate, you should read this article.
You will be much better off by investing at a licensed broker that give you free Trading Central alerts, see here.
Is StockCore a Licensed Broker?
No, StockCore is not a licensed broker, and they are not regulated by the government.
They are owned and operated by a company called Konstos Markets LTD, 2039498 which is based in the British Virgin Islands. They do not list a physical address on their website or a contact phone number. Their contact email address is: [email protected], or try; [email protected].
When the Scam Broker Investigator reviews a new broker to see if they are a scam broker or a legitimate broker, we check for a license from any of the government financial regulators. Using a local brokerage firm, that is licensed in your country ensures that you will not have problems withdrawing your profits. Brokers in Australia must have a license from ASIC, while United Kingdom Forex brokers, need a license from the FCA.
Compare Brokers
New investors looking for a good online broker have many brokers to choose from. An experienced professional trader, will have a multiple trading accounts at different brokers, which they will use depending on the trading conditions.
ForTrade is a popular broker, which is licensed in Canada, Europe and Australia, see here.
Try a Free Demo on their amazing trading platforms, signup here.
Existing clients of Stock Core are invited to share their experience using this broker with other investors, in the comments section below.