General Information
ST Prosperity, Founded In 2018 And Based In The United Kingdom, Operates As An Unregulated Financial Company In The Trading Industry. The Company Requires A Minimum Deposit Amount Of $10,000 And Offers Multiple Market Instruments Such As Forex, Indices, Commodities And Cryptocurrencies.
ST Prosperity Offers Different Types Of Accounts Such As Individual And Joint Accounts With Competitive Spreads And Commissions As Low As 0 Pips. Available Trading Platforms Are The Popular MetaTrader 4 And MetaTrader 5, They Also Offer Demo Accounts For Hands-on Trading.
Their Customer Support Can Be Contacted By Phone + 442032870995 Or Email Support@stpig.com. For Deposit And Withdrawal Options, They Accept Bank Transfers And Credit/debit Card Payments.
Is ST Prosperity Legit Or A Scam?
ST Prosperity International Group Limited Is Unregulated. But It Was Once Associated With The National Futures Association (NFA) License Number 0514978 And Is Currently Operating Without Authorization. The License Is Currently Revoked.
Advantages And Disadvantages
Advantages
Wide Range Of Market Instruments: The Company Offers A Diverse Range Of Trading Options, Including Forex, Indices, Commodities And Cryptocurrencies, Catering To The Interests Of Different Investors.
Advanced Trading Platform: ST Prosperity Offers Two Well-known And User-friendly Trading Platforms, MetaTrader 4 And MetaTrader 5.
Competitive Spreads And Commissions: The Advantages Of Promised Spreads And Commissions As Low As 0 Pips Are Advantageous For Traders Who Wish To Minimize Their Trading Costs.
Availability Of Demo Accounts: The Availability Of Demo Accounts Is Very Beneficial For Novice Traders To Practice And Adapt To The Trading Environment Without Risking Real Money.
Multiple Account Types: Individual And Joint Accounts Are Available, Providing Flexibility And Choice For Different Types Of Traders And Investment Strategies.
Disadvantages
Non-regulatory Status: The Lack Of Effective Regulation And The Status Not Authorized By The National Futures Association (NFA) Raise Significant Concerns About The Safety And Legality Of This Company.
High Minimum Deposit: The Minimum Deposit Of $10,000 May Be Unaffordable For Small Or Individual Investors, Limiting The Accessibility Of This Company's Services.
Latent Risk Exposure: Unauthorized Operations Mean Higher Risk For Investors As The Company Is Not Subject To Regulatory Standards To Ensure Investor Protection.
Lack Of Transparency: Lack Of Details Of The Company's Address, Contact Details, And Certification Documents From Licensing Authorities Has Led To A Lack Of Transparency.
Limited Regulatory Oversight: Abnormal Regulatory Status And Signs Of Going Beyond The Scope Of Business As Mandated By The NFA May Raise Concerns About Financial Practices And Investor Safety.
Market Tools
ST Prosperity Offers A Comprehensive Set Of Market Tools That Allow Traders To Diversify Their Portfolios Across A Variety Of Asset Classes:
Forex (Foreign Exchange): ST Prosperity Enables Traders To Participate In The Foreign Exchange Market, Providing A Wide Range Of Trading Opportunities For Currency Pairs. This Includes Trading Opportunities For Major Currency Pairs, Minor Currency Pairs And Possibly Exotic Currency Pairs, Meeting The Needs Of Traders Seeking To Profit From The Dynamic Changes In Global Currency Markets.
Indices: The Company Offers Access To A Wide Range Of Global Indices, Giving Traders Exposure To Different International Stock Markets. This Includes Well-known Indices That Reflect The Performance Of A Range Of Stocks, Providing A Broader Investment Perspective On The Stock Market.
Commodities: Commodity Trading Can Also Be Enabled Through ST Prosperity And May Include Hard Commodities Such As Metals And Energy, As Well As Soft Commodities Such As Agricultural Commodities. This Provides Traders With Options To Hedge Against Market Volatility And Inflation.
Cryptocurrencies: In Light Of The Growing Interest In Digital Currencies, ST Prosperity Incorporates Cryptocurrency Trading Into Its Offering. This Allows Traders To Participate In The Dynamic And Rapidly Changing Cryptocurrency Market, Trading Hot And Potentially New Cryptocurrencies.
By Offering Such A Diverse Range Of Market Tools, ST Prosperity Caters To The Various Interests And Strategies Of Traders, Enabling Them To Participate In Different Markets Ranging From Forex And Indices To Commodities And Digital Currencies.
Account Types
ST Prosperity Offers Two Main Types Of Accounts To Meet The Diverse Needs Of Its Clients:
Personal Accounts:
This Account Type Is Designed For Individual Traders. It Allows Individuals To Manage Their Trading Portfolios, Make Independent Trading Decisions, And Access The Range Of Market Tools Offered By ST Prosperity. Individual Accounts Are Suitable For Both Novice And Seasoned Traders, Offering A Personalized Trading Experience.
Merge Accounts:
The Merge Account Option Is Ideal For Partners Or Small Groups Who Wish To Conduct Collaborative Trading. This Type Of Account Allows Multiple People To Manage A Single Trading Account And Is Suitable For Couples, Business Partners Or Friends To Combine Their Investment Strategies And Share Responsibility For Trading Activities And Outcomes.
Both Account Types Have Access To The Same Market Tools And Trading Platforms, But Differ In Account Management And Decision-making Structures, Providing Flexibility For Different Trading Preferences And Situations.
How Do I Open An Account?
Opening An Account With ST Prosperity Is Usually A Simple Process That Includes The Following Steps:
Visit The ST Prosperity Website: First Navigate To The Official Website Of ST Prosperity. Here You Will Find All The Necessary Information About The Account Type, Trading Platform And Other Services Offered By The Company.
Select An Account Type: Decide Whether You Want To Open An Individual Account Or A Joint Account. Consider Your Trading Objectives, Experience And Whether To Trade Alone Or With A Partner. Once Decided, Select The Appropriate Account Type On The Website.
Complete The Registration Form: Please Complete The Online Registration Form Provided By The Website. This Usually Requires Personal Information Such As Your Name, Address, Contact Details And May Also Include Financial Information Or Trading Experience. Please Ensure That All Information Provided Is Accurate And Complete.
Verification And Funding: After Submitting The Registration Form, You May Need To Go Through A Verification Process. This May Involve Submitting Identification Documents To Comply With Financial Regulatory Requirements. Once Verified, You Will Need To Top Up Your Account In Accordance With The Minimum Deposit Requirements. Select The Appropriate Deposit Method (e.g. Bank Transfer, Credit/debit Card), Provided By ST Prosperity.
After Completing These Steps, Your Account Should Be Set Up And Ready For Trading. Before Engaging In Live Trading, It Is A Good Idea To Familiarize Yourself With The Platform And The Tools Offered. If Available, You Can Start With A Demo Account.
Spreads And Commissions
ST Prosperity Offers Highly Competitive Spreads And Commissions, The Most Prominent Feature Of Which Is That Spreads Can Be As Low As 0 Pips. This Low Spread Environment Is Particularly Beneficial For Traders Who Wish To Minimize Their Trading Costs, Especially For Those Who Engage In High-frequency Or High-volume Trading.
Specific Spreads And Commission Rates May Vary Depending On The Market Instrument Being Traded And The Type Of Account Held By The Trader. For Example, In The Forex Market, Spreads On Major Currency Pairs Are Usually Relatively Stable, While Compared To More Exotic Currency Pairs Or Other Instruments Such As Commodities Or Cryptocurrencies, Spreads Are Smaller.
Trading Platform
ST Prosperity Offers Its Clients Two Of The Most Well-known And Widely Used Trading Platforms On Financial Marekt:
MetaTrader 4 (MT4):
MT4 Is A Trading Platform That Traders Often Choose Because Of Its User-friendly Interface, Powerful Charting Tools, And Various Technical Indicators And Automated Trading Features (expert Advisors). It Is Particularly Suitable For Forex Trading, But Is Also Flexible Enough To Handle Other Market Instruments. The Reliability And Ease Of Use Of MT4 Makes It Suitable For Both Novice And Experienced Traders.
MetaTrader 5 (MT5):
As An Advanced Version Of MT4, MetaTrader 5 Offers Additional Features Such As More Timeframes, More Indicators, Economic Calendars, And Enhanced Charting Tools. MT5 Is Designed To Satisfy Traders Seeking A More Comprehensive Trading Experience, With The Ability To Trade More Market Instruments, Including Stocks And Commodities. It Also Supports Algorithmic Trading And Is Equipped With More Sophisticated Analytical Tools.
These Platforms Provide ST Prosperity's Clients With A Flexible And Efficient Trading Environment Suitable For A Variety Of Trading Styles And Strategies. The Choice Between MT4 And MT5 Allows Traders To Choose The Platform That Best Suits Their Trading Needs And Preferences.
Deposits And Withdrawals
ST Prosperity Offers Its Clients Simple And Secure Options For Accessing And Withdrawing Funds, Primarily Through Bank Transfers And Credit/debit Card Transactions. Bank Transfers Are A Reliable Option For Transferring Larger Amounts Of Funds, Although It May Take Several Days To Process. This Method Is Favored For Its Reliability And Wide Acceptance In The Financial World.
Credit And Debit Card Transactions Offer A Faster Option, Particularly For Smaller Or More Frequent Transfers. These Methods Are Valued For Their Speed And Convenience, Enabling Customers To Manage Their Transaction Capital In A Timely Manner.
Customer Support
ST Prosperity International Group Limited, Also Known As ST Prosperity, Provides Customer Support Primarily Via Email And Phone.
Customers Can Contact Their Support Team Via Two Email Addresses Support@stpigi.com And Support@stpig.com, Ensuring There Is A Channel For Inquiries, Support Requests Or Feedback.
Additionally, The Company Provides A Phone Number + 442032870995 For Direct Verbal Communication. This Phone Service Is Especially Useful For Immediate Assistance Or Those Who Prefer To Talk To A Customer Service Representative.
