Standpoint Finance Review
Located in Kingstown, Saint Vincent and the Grenadines, Standpoint Finance is an online retail broker providing online trading services. They offer thousands of trading instruments across different asset classes — forex, commodities, indices, stocks, cryptocurrencies, and more — using advanced trading platforms that are available in desktop, web, and mobile versions. The minimum deposit required to start trading is $3,000.
Pros / Cons
- A social trading platform
- Multiple financial instruments across different asset classes
- Educational resources
- Lacks regulation
- Located offshore
- No USA clients
- Minimum $3,000 deposit
- No MetaTrader platforms
In this detailed Standpoint Finance review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
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Standpoint Finance Overview
Standpoint Finance is an online trading broker that was created to try and help traders trade the financial markets with ease. The broker provides their clients with various platforms for trading multiple financial products while providing educational resources and a responsive client support team to assist traders. They provide clients with various favourable trading conditions, such as flexible leverage, low spreads, multiple financial assets, and more.
Standpoint Finance Regulation
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Standpoint Finance Countries
The broker accepts traders from different parts of the globe where their services would not be contrary to local laws and regulations.
Some Standpoint Finance features and products mentioned within this Standpoint Finance review may not be available to traders from certain countries because of legal restrictions.
Standpoint Finance Platforms
The broker provides traders with a social trading platform for trading all the available financial assets. The social trading platform is packed with all the essential tools that traders need to enjoy a smooth trading experience. The platform is available in desktop, web, and mobile versions. The web version runs directly on most modern web browsers without needing to download or install additional software. On the other hand, the mobile app is compatible with mobile smartphone devices, running on Android or iOS.
Standpoint Finance Trading Tools
There are no standalone trading tools on the broker’s website at the moment. Traders can make do with the various built-in tools of the available social trading platform.
Standpoint Finance Education
Standpoint Finance makes available a plethora of educational resources on its website to ensure that traders make informed trading decisions. These educational resources include trading guides, learning articles, educational courses, tutorial videos, and more.
Standpoint Finance Instruments
The broker offers the following trading products: forex, indices, commodities, stocks, cryptos, and more.
Standpoint Finance Accounts & Fees
Standpoint Finance offers the following live trading account options: Explorer, Basic, Silver, Gold, and Platinum accounts. The minimum deposit required to start trading is $3,000.
As broker fees can vary and change, there may be additional fees that are not listed in this Standpoint Finance review. It is imperative to ensure that you check and understand all of the latest information before you open a Standpoint Finance broker account for online trading.
Standpoint Finance Support
The broker offers a knowledgeable client support team who are available 24/5 to respond to clients’ general, technical, and account-related inquiries. The support team can be reached via the following contact channels: telephone, email, online form, and more.
Standpoint Finance Deposit & Withdrawal
Standpoint Finance allows traders to deposit and withdraw funds to and from their live trading accounts using any of the following payment methods:
- Bank transfer
- Credit/debit cards, such as MasterCard, Visa, and more
- Electronic payment processors, such as Neteller and Skrill
Please note that the time taken to process transactions may vary, depending on the payment method in use.
Standpoint Finance Account Opening
It is easy to open a live trading account with Standpoint Finance: click on the “Sign Up” button on the homepage of the broker’s website.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions and policies. Only proceed if you fully understand and agree to them.
Standpoint Finance Summary
Standpoint Finance is an online financial services provider that operates from Kingstown, Saint Vincent and the Grenadines. The retail broker provides traders with an advanced social trading platform for trading various financial instruments across different asset classes. The broker offers a plethora of educational resources and the services of a responsive client support team. Traders benefit from various competitive trading conditions to help them get the most out of their trades. The broker is not regulated by any known financial authority at the moment. The minimum deposit required to start trading is $3,000.
Forex and CFDs are leveraged products and involve a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary.