Page 1 of 3 123 LastLast
Results 1 to 10 of 23
  1. #1
    Rookie Member

    StockPair Problems? !!!

    I recently found a video posted on this forum of a guy complaining about his pending withdrawal at StockPair.

    Here is the video: http://www.youtube.com/watch?v=dzU_b1kCey4

    I have an account with StockPair, and I'm from the US, which is why I am panicking a bit. Can any of the pros on this forum give any insight on this? Stockpair is supposed to be one of the best in the industry. Seems sketchy that this happens right after their EU regulation.

    Another friend of mine based in the US has had an account with 24Option, and traded on it even after the EU regulation there too. He's been waiting 3 weeks now, with no money sent to his account.

    Thoughts? I'm considering cashing out on Stockpair...

  2. #2
    Specialist Member LesterK's Avatar
    I have been trading with StockPair for many months and have no problem with withdrawals.

    I am not sure what exactly is the complain from this guy, but don’t think that in general Stock pair could be a scam at all.

    They are very long time in the industry and had very few complains. You have to be aware that sometimes the withdrawals could take as much as two weeks or even more, and that is not always dependent on the broker itself, but also on your card issuer bank. Of course if the money are not in your account for three weeks that is a problem, but I don’t think this is happening so often. My withdrawals were always on time – maximum 10 days to receive them, and most often 3-7 days.

  3. #3
    Rookie Member dailyoptiontrader's Avatar
    I have never had problems with them. Im sure issues like this can be sorted out via communication.

  4. #4
    Rookie Member
    Thanks for the reply guys. Are any of you based in the US?

    I'm aware that Stockpair is an excellent broker, but I'm only curious about how they'll treat US clients now that they are regulated in EU, and don't accept new US clients anymore.

    Lester, that's a good point. Late withdrawals could be the cause of the recipient's bank itself. Thanks for the input guys, perhaps I was just panicking for no reason.

  5. #5
    Specialist Member runneroption's Avatar
    I am not based in US, but I think the new regulation will rule out more and more brokers to not accept US clients. However I don’t think there is any reason to be afraid for your funds. StockPair is really trustworthy broker and it won’t allow such problems to ruin his reputation.

  6. #6
    Administrator Martin Kay's Avatar
    This Carlos guy is a real serial complainer. I've seen him around BinaryOptionsThatSuck.com main website and on forum. I only wish StockPair take care of him real soon or he'll just continue complaining everywhere he can.

    As for you own case. At the moment StockPair is still working with US clients. Inside sources told me they'll keep working with most existing clients at least until the end of the year (2014). If there's any change of situation, I promise to be the first to publicize. Count me on(:

  7. #7
    Rookie Member
    Alright, good, something about his complaints did put me off, that's why I brought it to the attention of everyone on BOTS.

    Wait, so what happens after 2014 is over (if they decide that the end of 2014 is when they stop working with US clients)? Do they just freeze our accounts, or will we still be allowed to deposit/trade/withdraw? Geez, looks like I should start stepping it up. Don't wanna miss out on the action, lol.

  8. #8
    Master Member SeasaltMcFish's Avatar
    I guess you'll always be able to withdraw then, since it's one of the few brokers that seems to take their customers serious.

  9. #9
    Rookie Member
    Hey guys, it's me again.

    I've started trading with Stockpair again, and am getting ready to deposit within the next week or so. Is the situation still the same? I was going to build my account up for a few months, and then withdraw all of my funds, but I'm worried about what Martin told me earlier. That STP will stop working with existing US clients after 2014. Should I discontinue trading with them around November?

  10. #10
    Administrator Martin Kay's Avatar
    Quote Originally Posted by Praha View Post
    Hey guys, it's me again.

    I've started trading with Stockpair again, and am getting ready to deposit within the next week or so. Is the situation still the same? I was going to build my account up for a few months, and then withdraw all of my funds, but I'm worried about what Martin told me earlier. That STP will stop working with existing US clients after 2014. Should I discontinue trading with them around November?
    I think the right thing to do in this case is to contact your account manager/ support and ask them. I think that if you've already withdrawal, you won't be able to deposit again.. keep us updated!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3