Stratton Markets Review – Good Conditions But Low Trust Rate
One of the main discrepancies about this investment firm is regarding its owner. F1Markets Ltd was a trusted firm registered in Cyprus since 2018. Yet, due to unauthorized celebrity endorsement, the company was fined heavily.
However, they looked completely legit. So, what went wrong? To find out what you must watch for and how to trade safely, read our Stratton Markets review carefully.
General information | |
Name: | F1Markets Ltd |
Regulation status: | Unregulated / Inactive broker |
Warnings from Financial Regulators: | FCA, CySEC |
Website link: | Strattonmarkets.com |
Active since: | 2018 |
Registered in: | Cyprus |
Contact info: | Data is hidden |
Trading platforms: | MT4, Trading Central |
The majority of clients are from: | United States, United Kingdom, India, Vietnam, Netherlands |
Customer support: | Phone, e-mail, online contact form |
Compensation fund: | No |
Legal Info: Is Stratton Markets Legit?
Since the company is registered in Cyprus, it should have a CySEC license primarily. But it wouldn’t hurt if they have any Tier 1 regulations like ASIC, BaFin, or FCA. Indeed, the company was licensed, but they voluntarily renounced it after the affair and exposed regulation breaches.
Not only that, but even the FCA released a public warning against the firm. Therefore, you understand the importance of highly trusted regulations. Otherwise, companies can overrule anything and get out with a fine. And this is not the most convenient thing for any trader.
Traders Review: What People Think About Stratton Markets?
Surprisingly, there are not many comments about this brokerage. In fact, only 4 comments are currently available on Trustpilot. Yet, all 4 are rated with 1-star and contain shocking comments. Practically, everyone who wrote a comment was scammed heavily.
In general, there are much safer options. We understand your anger if you were their victim. Therefore, make sure you are choosing top-tier licensed firms first. On top of that, you can optimize your results by using trusted tools like AI Analysis Bot. This way, nobody can have control of your funds except you.
Trading Platform Choices
Generally speaking, the company offers highly popular options. Those are MetaTrader 5 and Trading Central. With all of the advanced features, traders could get all the tools for maximized results. However, much experience is needed to really understand those and make profits out of it.
Yet, Stratton Markets broker shows us an example that trusted software is not the only thing important. A far bigger worry of every trader nowadays is security.
Can You Trade on a Mobile?
Indeed yes. Both platforms have dedicated mobile apps. Therefore, iOS and Android users can enjoy their trading experience anywhere they want. However, if you read our Streams FX review, you will learn how to recognize the right offers easily.
What Account Types Could You Get?
Even though the company has been offering quite attractive conditions, that’s irrelevant if they don’t exist. In the case of Stratton Markets, you could choose between five account types:
- Basic
- Silver
- Gold
- Platinum
- Diamond.
Practically, none of the accounts bring much of a difference in terms of trading conditions. Swap rates and spreads might get better, but not significantly. The main benefit is coming through education and support benefits. In any case, with the minimum deposit requirement of 250 euros, these offers are considered fair.
Spreads, Fees, Leverage and Commission
Luckily, with a demo account, you can test out most of their conditions. But primarily spreads that were starting from 0.8 pips for some major FX pairs.
Due to regulations, the company needed to provide a leverage of up to 1:30 for retail traders. In addition, pro traders could get up to 1:400. Important to realize is that all the account types had zero commission policy. Yet, swap rates were charged regularly.
Payment Options Available
The company was accepting payments in the top 4 currencies at the moment: USD, EUR, GBP, and CHF. The funding methods are Visa and Mastercard, wire transfers, Skrill, and Neteller.
Even though they were offering transparent funding methods, some traders expressed disappointment about their service. So, better choose card transfers whenever you can. That way, you can get a chargeback if anything goes wrong.
Are Withdrawals Possible with Stratton Markets?
Generally speaking, there shouldn’t be any doubts about it, primarily due to CySEC regulations. However, some traders were reporting issues with it.
In any case, the company didn’t charge any withdrawal fees, but the processing time was a bit longer than usual. Up to 5 business days. Knowing that you can get a withdrawal way faster, you might as well rethink your broker choice. For faster withdrawal options, we recommend you read our Sigma FX review.
Conclusion: Can You Trust Stratton Markets And Similar Firms?
In general, licensed companies should be trusted. But we are living in an era where we can trust only top-tier regulated firms. Make sure the company has transparent policies and reliable contact options.
But even if you find a trusted firm, it’s not a guarantee you will be successful. Unless you find the right tools to help you. For instance, AI tools are highly popular nowadays. So, nothing is stopping you from trying AI Analysis Bot. But once you try it, you’ll wonder why you didn’t try it earlier.
Is It Possible to Make Money By Online Trading?
Trading is gaining popularity every day, and not without a reason. Of course, the key to success is to work with the right companies. Primarily ones that provide maximum protection and fair conditions. However, that doesn’t mean you will be successful since a huge percentage of traders are losing money on the market. This is mostly due to bad strategies and lack of knowledge and experience.
For that reason, we recommend you try out the AI Analysis Bot. Without any experience, you can get the knowledge you need for success in trading. Most importantly, this is not auto-trading software that will throw your money away. Instead, you get a tool that helps you get the right trades at the right time.
Book a meeting with our experts and see how it all works and what the benefits are. Don’t worry, this meeting won’t cost you anything! Get in touch now!
FAQ
Is Stratton Markets Legit?
Obviously, no. The company renounced its license and currently, they are not operating. We recommend you talk to our experts for an AI Analysis Bot and safe broker choice.
What is Stratton Markets?
Stratton Markets is a Cypriot company that has been operating since 2018. Due to a violation of regulation, they were shut down.
Can I Trade Without Money?
Not anymore. Therefore, get in touch with our specialists to find out more about safe trading options and testing of AI Analysis Bot.