Stratton Markets
Pros
- Competitive spreads
- Highly intuitive trading platforms.
- Variety of tradeable instruments.
Cons
- Lacks detailed FAQ section
- Does not display trading conditions openly
- No bonuses and promotions
Min Deposit
$250Max Leverage
1:400Mini Account
Bonus
VariesPlatforms
- WebTrader
- MT4
Withdrawal Options
- Wire transfer
- Credit cards
- Skrill
- Neteller
Review
Introduction
Launched early this year (2018), Stratton Markets is a broker offering forex, CFDs, ETFs and Indices trading. Their headquarters are in Limassol, Cyprus.
This broker is also among the few in the industry offering crypto trading for major assets such as Bitcoin, Litecoin, Dash, Ethereum, and other popular coins.
Stratton Markets is regulated and monitored by CySEC (license 267/15). The broker is user-friendly and ideal for both seasoned and newbie investors. Given that they are very new in the industry, they have not won any awards yet.
Trading Conditions
Stratton markets offer four types of accounts namely Basic, Silver, Gold and Platinum. Each of the four accounts comes with different features. With this broker, traders can access over 45 FX pairs, over 141 stocks, and 19 futures and commodities.
To start trading, investors are required to have a minimum deposit of $250 in their accounts. Stratton Markets leverage stands at 1:400 and 1:30 for professional and retail investors respectively.
One great aspect about this broker is their spread offering. Stratton Markets is arguably the best broker when it comes to spreads. They offer low spreads of up to 1 pip EUR/USD.
Unfortunately, this broker is one of those trading platforms that do not offer bonuses or promotions to their traders. However, given that they are very new in the industry, there is a high likelihood that they will offer them in the future.
Products
As mentioned above, Stratton Markets offer a wide range of products to include Forex, CFDs, commodities, stocks and market indices.
This offers more than two hundred and seventy tradable CFD assets. These include commodities, oil, gold, forex pairs, indices, and stocks.
The broker also offers cryptocurrency trading for major coins such as Bitcoin, ethereum, Dash, Litecoin, Ethereum, and Monero.
Regulation
This broker is managed and run by a renowned investment firm known as F1Markets Limited. The firm is authorized to offer services across Europe and in Switzerland by the CySEC (license 267/15).
We should also mention that Stratton Markets follows MiFID regulations. While the broker is allowed to offer its various services to traders within the European Economic Area, they are not authorized to serve traders from Belgium.
Additionally, their services are not available to investors from Canada and the United States.
Platforms
Although some people assume that this online brokerage company only features a simple web-based trading platform, the broker also offers Metatrader4. Additionally, their Scipio-made Web Trader is simple and easy to use. It supports charting and a bunch of other activities. Generally, the platform is great and provides a wonderful experience.
If you're an experienced trader, you most definitely know all about Metatrader4. MT4 offers a lot of personalization options and a whole lot of other trading solutions. MT4 comes with over fifty preinstalled technical indicators. The platform also allows traders to install additional technical indicators and make their own too.
Mobile Trading
When it comes to mobile trading, Stratton Markets is dedicated to making sure that their customers have the best. The broker offers a dependable native mobile app for both iOS and Android. Traders can easily download the Stratton mobile application from Play Store (for Android users) and Apple Store (for iPhone users).
One thing about the Stratton mobile app is that it has almost all the features available in the web trading platform. Most importantly, the app is easy to use. Traders can also access this broker’s web-based platform with their internet-enabled smartphones.
Pricing
Stratton Markets offers STP execution. Their different accounts include Platinum, Basic, Gold, and Silver. Each type of account comes with unique features and spreads.
They offer various spreads from as low as one pip for the EUR/USD pair. Compared to other brokerage companies, Stratton is one of the cheapest in the industry. Although market trends can influence spreads, the degree of change isn't much.
Deposits & Withdrawals
For convenience purposes, this online brokerage company offers a wide range of deposit and withdrawal options. Traders are in a position to fund their Stratton Markets trading accounts using their credit cards, wire transfers, and various online payment methods.
Some of the online payment methods supported by the broker include Neteller, Skrill, and PayPal. When it comes to withdrawals, all the methods mentioned above of payment are supported. Stratton Markets supports up to four currencies including GBP, EUR, CHF, and USD.
Customer Support
Stratton Markets is one of those online trading platforms with reliable customer support. From online reviews, we can confirm that this is a highly responsive broker. Perhaps this is because they are new in the industry and are yet to experience a huge surge of clients.
Traders can get in touch with support via email, phone, and live chat. Unlike some online trading platforms, Stratton Markets’ live chat feature works perfectly. Customers enjoy fast responses to their issues, and this gives them a memorable trading experience.
Support is available Monday through Friday, 24 hours a day. Traders can also communicate with the broker via their Contact us page.
Research & Education
When it comes to research & education, the broker offers a myriad of tools and resources. Additionally, investors are issued with trading signals that include possible trading opportunities, detailed market analysis, and dependable alerts.
The broker also runs a unique research & education feature known as the Stratton Academy. Through Stratton Academy, customers can access additional educational content that includes eBooks, and videos.
The training covers all areas from forex and CFD to stocks and other instruments. Given that they are new, their resource center is still not fully equipped. However, beginners can get enough materials to get them started.
Noteworthy Points
Even though very new in the industry, Stratton Markets is already offering a variety of trading instruments. With this broker, traders are in a position to trade CFDs in market indices, commodities, scores of stocks, and currency pairs.
You’ll most definitely love the many products offered by this broker. You’ll also love how the brokerage company offers CFDs on digital currency trading including Monero, Ethereum, Litecoin, Dash, and Bitcoin.
Their excellent customer support team is available from Monday to Friday. We hope they will extend their services to seven days a week as they continue to gain market experience. So far, their trading platforms have proven to be dependable and robust.
Conclusion
While Stratton Markets is an up and coming online trading platform, they’ve displayed a high level of competence. They offer some amazing spreads and are one of the few online trading platforms in the industry with low minimum deposit requirement.
The fact that a highly-regarded body regulates them makes them a great online trading platform. However, we didn't like the broker’s lack of bonuses and promotions. Additionally, they’ve not displayed their trading conditions clearly for new traders.
The broker has also fallen short when it comes to FAQs. To maximally compete with other online trading platforms, the broker should have included a detailed FAQ section on their website. Perhaps they will update their resources as they continue to gain market experience.
Comparison
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