STB Provider is a platform claiming to offer trading services for financial derivatives such as foreign exchange, precious metals, indices, and energy. Its domain was established on August 26, 2023. According to its official website, STB Provider LTD is registered in St. Lucia with license number 2023-00478, and is regulated by St. Lucia. Upon inquiry, it was found that although STB Provider Ltd is indeed registered at the St. Lucia International Financial Centre (IFC), it is only registered as a regular international business company, and St. Lucia does not offer brokerage services for foreign exchange and other financial derivatives. Clearly, this platform is not effectively regulated.
Background and Regulatory Information of STB Provider:
STB Provider's domain was established on August 26, 2023. STB Provider LTD claims to be registered in St. Lucia with license number 2023-00478, regulated by St. Lucia, and offers investment trading services in foreign exchange, precious metals, indices, and energy derivatives. However, inquiries reveal that while there is indeed a company named STB Provider Ltd registered at the St. Lucia International Financial Centre (IFC), it is only registered as a regular international business company. St. Lucia does not provide brokerage services for foreign exchange and other financial derivatives. Thus, the platform is actually not effectively regulated.
STB Provider Registration Process:
- Log in to the STB Provider website and click the register button
- Fill out the application form
- Submit identification/verification documents
- Deposit funds and start trading
STB Provider Account Types:
PRIME Account:
- Minimum deposit: $3,000
- Low commission
- Tight spreads
- Leverage up to 1:300
- Order volume range: 0.01 to 100 lots
LP Account:
- Minimum deposit: $100,000
- Low commission
- Raw spreads
- Leverage up to 1:100
Custom Account:
- Minimum deposit: $500,000
STB Provider Trading Platform:
STB Provider offers MetaTrader 5 (MT5). MetaTrader 5 (MT5) is a popular trading system known for its powerful features and flexibility, catering to the needs and preferences of diverse investors. The MetaTrader platform provides a wide range of analytical tools, charts, and automated trading functions, enabling traders to effectively execute various trading strategies.
STB Provider Trading Products:
- Forex: STB Provider offers a wide range of forex trading services, covering major and minor currency pairs. Investors can profit from exchange rate fluctuations in the forex market by taking advantage of price changes between different countries' currencies.
- Precious Metals: STB Provider's precious metals trading products include gold and silver. The precious metals market has long been considered a safe-haven investment option. By trading precious metals, investors can protect and grow their wealth during market volatility.
- Stock Indices: STB Provider offers trading services for major global stock market indices such as the S&P 500, Dow Jones Industrial Average, and the Nasdaq Index.
- Energy: STB Provider's energy trading products include oil and natural gas. The energy market's price fluctuations are influenced by various factors such as the global economy, geopolitical events, and supply and demand, providing diverse investment opportunities to help investors gain profits under different market conditions.
By offering these diversified trading products, STB Provider aims to meet the needs of different investors, providing a wide range of investment choices and opportunities.
What are STB Provider's Spreads, Leverage, and Commissions?
STB Provider’s official website does not disclose details about spreads, trading leverage, commissions, minimum/maximum trade volume, maximum position/order size, margin call/stop-out levels, minimum price precision, or contract sizes for trading accounts.
STB Provider Deposit and Withdrawal Methods:
The specific deposit and withdrawal methods of STB Provider are not detailed on its official website. Typically, traders may use various common payment methods for deposits and withdrawals, including bank transfers, credit cards, e-wallets, and others.
STB Provider Customer Support:
Email:
Phone:
- +38 2203 33928
- +44 20 4520 3980
Conclusion:
While STB Provider offers a variety of financial derivatives trading services and diversified account types, its regulatory information raises significant doubts. Additionally, it does not provide detailed information on spreads, leverage, and commissions on its official website. Investors should exercise extreme caution when considering this platform for trading and prioritize platforms that offer transparent regulatory information and detailed trading conditions to ensure the safety of their funds. STB Provider is flagged as "Suspected Fraud" on TraderKnows.
