StockPlus

StockPlus is a retail forex and CFD broker registered in the United Kingdom, established on 23 May 2023. The company operates under the domain stockplus-it.com and offers trading in a range of financial instruments including Forex, Indices, Commodities, Shares, and CFDs. With a relatively recent inception, StockPlus aims to attract traders by offering high leverage options and multiple account tiers with varying minimum deposit requirements.

The broker's registration in the UK places it under the jurisdiction of United Kingdom company law, though it is important to note that StockPlus does not hold a regulatory licence from the Financial Conduct Authority (FCA) or any other financial regulator. As of our review, no regulatory oversight has been confirmed, which is a significant factor for traders considering the safety of their funds.

StockPlus is not regulated by any financial authority. The absence of a regulatory licence means that the broker is not subject to the standard oversight requirements that protect client funds, such as segregation of client accounts, leverage restrictions, or negative balance protection. This lack of regulation is a critical factor in our assessment and contributes to the elevated scam risk score of 51/100 assigned by FXCanary.

Traders should be aware that dealing with an unregulated broker carries inherent risks, including limited recourse in the event of disputes or financial difficulties. Without regulatory oversight, there is no external body to ensure fair trading practices or the security of deposited funds. As such, StockPlus may not be suitable for traders who prioritise regulatory safeguards.

StockPlus offers a tiered account structure with four distinct account types: Bronze, Silver, Gold, and Platinum. Each account tier is distinguished by its minimum deposit requirement and maximum leverage offered. The Bronze account requires a minimum deposit of €1,000 and provides leverage up to 1:100. The Silver account starts at €5,000 with leverage up to 1:200. The Gold account requires €25,000 and offers 1:400 leverage, while the Platinum account begins at €50,000 with the same 1:400 maximum leverage.

The high minimum deposits for the Gold and Platinum accounts suggest that the broker is targeting high-net-worth individuals and experienced traders. The leverage levels are notably high, especially the 1:400 available on the two upper-tier accounts, which can amplify both gains and losses. Traders should consider whether they have the risk appetite for such leverage.

StockPlus provides access to a varied range of trading instruments, including Forex, Indices, Commodities, Shares, and CFDs. This multi-asset offering allows traders to diversify their portfolios across different markets from a single account. The inclusion of both traditional forex pairs and popular indices and commodities may appeal to traders looking for broader market exposure.

The broker's product range is typical of many retail FX/CFD brokers, though the specifics of available contracts, spreads, and execution conditions are not detailed in the known facts. Traders interested in StockPlus would need to consult the broker's official website for comprehensive information on trading conditions.

In summary, StockPlus is a UK-registered broker established in 2023 that offers leveraged trading across multiple asset classes. It operates without a regulatory licence, which is a notable risk factor. The account structure is designed for traders with varying capital levels, with high leverage available for those meeting higher deposit requirements.

The broker's elevated scam risk score reflects the uncertainties surrounding its regulatory status and limited operational history. Traders considering StockPlus should conduct thorough due diligence and be aware of the potential risks associated with trading with an unregulated entity.