We're your best review guide

Stocks Wide review 2022

Stocks Wide account types review Johannes Röll Visitors: 28

The ultimate goal of this review of Stocks Wide as of 2022 is to find out whether it is good for traders, who just start exploring Forex market. We are going to answer the question if Stocks Wide can be called the best broker for beginners.

Today we are putting ourselves in the beginner’s shoes – let’s say we’ve heard a lot of Forex and going to try it but have no or minimal experience in trading. Lots of questions to ask and almost no idea how to start, you know. We know about Forex broker Stocks Wide from reviews (or got a link from somebody we know, it doesn’t really matter) and we go to its official site.

The latter looks quite simple and easy to use, which is good in our situation. We experience no significant difficulties with finding all the necessary information, contact details, terms and conditions broker Stocks Wide has to propose. The help information is abundant, which is good for beginners, of course. Everything looks quite reliable and it seems we may go deeper into details.

The first question to ask is how much money we need to start trading. According to the company’s information, the minimal deposit for Beginner account is EUR100. Looks like Stocks Wide broker is good for low-cost trading. We are not going to invest big money in the very beginning at least, aren’t we? Tools, spreads – as we review broker Stocks Wide account terms we find some terms which aren’t completely familiar.

But there is also the stage Get started, which can help us sort all these things out – some sort training or education before the start would be just fine. And there is also a personal account manager – obviously he can help if needed, too. Just one class of assets is a bit disappointing – the other account types may also operate four of them. But for the start even 9 major currencies may seem too difficult to follow. We can always swith to another account later if Beginner’s account functionality will be not enough one day.

Account type

Beginner

Minimal deposit in EUR

100

Assets available

9 major currencies

Other options

- Get Started,

- More than 25 tools available,

- personal account manager,

3 insured trades;

-fixed/floating spreads.

 

But we won’t be able to start without money, of course – how do we deposit funds? There is a set of payment options available since we register the account (full registration, of course, we will need it later to withdraw funds anyway). The set includes bank transfer, CashU, Visa and MasterCard, nothing strange, unfamiliar or risky. We can use any of them after Stocks Wide reviews our personal data and verifies our account.

But there is something else to do before the start. We do pretend to be a newbie, but the simplest reputation check is the must. Yes, we mean Forex broker Stocks Wide reviews on the web, no matter what their tone is. The key point – reviews of Stocks Wide are worth paying attention to if they are based on facts rather than emotions, no matter whether they are positive or negative. And another tip: of course, reviews should be as fresh as possible – some Stocks Wide review for 2022 would be just perfect.

Then there is the final stage after we finish browsing Stocks Wide reviews. We have to summarize all the information we have collected from company itself and other sources. As far as we can see, Forex broker Stocks Wide is a good match for beginners or traders with small background. The minimal deposit threshold is quite low, the information regarding the company’s work and services is explained simply and clearly. We definitely know what to expect and what broker Stocks Wide can offer for a client like us. And the volume of help information, user-friendly interface, learning stage and the presence of personal account manager suggest we won’t face significant difficulties in the process of getting started.

It doesn’t make the broker worse or too simple for experienced traders, of course. But our question was whether Stocks Wide is the best Forex broker for beginners, and our goal was to answer it. So the answer is as following: Stocks Wide may be not the very best in this category (we should evaluate many brokers for this conclusion), but it is definitely good for beginners.

Johannes Röll
Johannes Röll

Johannes Röll was born 1978 in Brilon,Germany. Graduated RWTH Aachen University. Over the past ten years he worked as Head of the plastic card team, where he was mainly responsible for the development of the distribution, Head of sales Department and Financial Analyst,where he got experience in planning and support sales figures for branches. For the present he works as freelancer

Comments 0

Recent Projects

Stocks Wide account types review

EUR/USD soars amid rumors of an ECB rate hike by 0.5%

While the EUR/USD pair showed a short-term bearish profile early in the morning as part of a correction after yesterday's testing at 1.0200, it then showed a sudden sharp increase, reaching a maximum at the moment at 1.0250.

Stocks Wide account types review

Oil price in London - Brent

On the electronic platform of the European futures market ICE (Intercontinental Exchange), symbolically located in London, spot transactions are conducted daily, in particular, for Brent oil from the North Sea (spot market) or in the form of forward contracts (futures) for 1000 barrels of Brent oil with a maturity of 3 months, 1 year or 2 years.

Stocks Wide account types review

"Futures" are financial instruments used to predict future changes in the underlying asset

"Futures" are financial instruments used to predict future changes in the underlying asset (stocks, stock index, etc.): You buy or sell a certain amount of this underlying asset at maturity and at a predetermined price. But futures are very risky speculative products.

Stocks Wide account types review

Gh0stly Gh0sts-the first omnichain NFT collection

In recent days, the premiere of the unique collection NFT: gh0stly gh0sts. Although there is little interest in the project at the moment (the Twitter profile @gh0stlygh0sts is watched by less than 12,000 people), it can already be said that this is something groundbreaking.

Stocks Wide account types review

What is a factoring contract and what elements should I pay attention to?

Factoring is a financial service that few people have heard of until recently, but now it is gaining popularity among entrepreneurs every year. This is one of the most effective ways to maintain the financial liquidity of the company and ensure its free access to capital.

Stocks Wide account types review

This article, first of all, will be useful for beginners in the Forex market.

Many newcomers ask such questions: "How to start trading on the Forex currency market, where to do it, the first steps in trading" and other similar questions.