About STMARKET
Overview
STMarket is a forex and CFD brokerage registered in the United Kingdom since February 2020, though its operational headquarters are in Cambodia at AMASS Tower, Phnom Penh. The broker targets retail traders in Southeast Asia and globally, offering leveraged trading on a range of asset classes including forex, indices, commodities, and cryptocurrencies.
The company describes itself as a provider of forex brokerage services, liquidity solutions, and corporate fund management platforms. While its registration is in the UK, its regulatory status is centered on Cambodia's Securities Exchange Regulator (SERC).
Regulation
STMarket holds a Derivatives Trading License (EP) from the Securities Exchange Regulator of Cambodia (SERC), classified as 'Regulated' in industry databases. This is the sole regulator on record.
Traders should note that SERC is not a top-tier regulator like the FCA or ASIC, and its oversight framework may differ in scope and rigor. The broker's UK registration does not imply FCA regulation; it is a Cambodian-regulated entity.
Account Types
STMarket offers three live account tiers: - Pro Account: Minimum deposit not specified; maximum leverage not specified. - Premium Account: Minimum deposit not specified; maximum leverage 1:500. - Standard Account: Minimum deposit not specified; maximum leverage 1:500.
All accounts provide access to over 500 tradable instruments. The broker advertises a minimum deposit of $500 and spreads from 0.2 pips on certain accounts. Leverage up to 1:500 is available, though higher leverage of 1:2000 appears on the Malay-language variant of the site.
Platforms and Tools
STMarket provides the MetaTrader 5 (MT5) platform, compatible with desktop, web, and mobile devices. MT5 offers advanced charting, multiple timeframes, and automated trading via Expert Advisors. The broker also offers its own mobile app for trading on the go.
Additionally, STMarket features a social trading platform where users can copy the strategies of experienced traders. The firm also claims an AI-based trading system called 'ST Market Intelligence Advisor' for automated analysis.
Additional Features
The broker provides educational resources including trading workshops and a research section with market news and analysis. A partnership program includes Introducing Broker (IB), affiliate, and white label options. The website also mentions a referral program with high payouts.
STMarket supports multiple funding methods, though specific payment options are not detailed on the site. The Malay-language site references 'best exchangers' for deposits and withdrawals.
Conclusion
STMarket positions itself as a multi-asset broker with a strong focus on the Southeast Asian market, leveraging SERC regulation and a range of trading tools. While its account options and leverage are competitive, the absence of top-tier regulation and limited public information on operational history may give cautious traders pause. FXCanary's Scam Risk Score of 28/100 (Guarded) reflects these considerations.
Overview compiled by FXCanary from regulatory records and public data. full STMARKET review