What is a 10X trading account?

A 10X trading account at StoicFX allows you to trade with up to 10 times your deposit as buying power. Unlike prop firms, there are no challenges, evaluations, or profit splits. You trade on real markets with real execution through MetaTrader 5, and can withdraw your profits anytime (trading credit excluded).

Is StoicFX a prop firm?

No. StoicFX is a regulated forex and CFD broker (FSCA License #53079). Trades are executed in real markets via MetaTrader 5. 10X accounts provide trading credit amplification and do not involve evaluations or proprietary trading challenges.

Is StoicFX a regulated broker?

Yes, StoicFX is fully regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 53079. Client funds are held in segregated accounts with top-tier banks, separate from company operational funds.

StoicFX is a technology-driven online brokerage offering access to global financial markets with a focus on execution quality, transparent pricing, and risk-controlled trading environments.

Clients benefit from:Access to deep, institutional-grade liquiditySegregated client fundsNegative balance protectionAdvanced execution and risk management systemsMultiple account types designed for different trading styles

How do I start trading?

Create a StoicFX accountComplete identity verification (KYC)Fund your walletOpen a trading accountLog in to MT5 and begin trading

What account types does StoicFX offer?

Standard Account – Commission-free trading with competitive spreadsPro Account – Raw spreads with commission pricingIslamic Account – Swap-free, Sharia-compliant trading10X Account – Credit-based trading with predefined risk limitsDemo Account – Simulated trading for practiceLearn more about our trading accounts.

Do you offer Islamic (swap-free) accounts?

Yes. Islamic accounts are available upon request and follow swap-free trading conditions in line with Sharia principles.

Can I have multiple accounts?

Yes. Clients may open multiple trading accounts under the same profile.

What is the minimum deposit?

Minimum deposits depend on the funding method:Cryptocurrency: $10Skrill: $10Sticpay: $15Cards (Visa / Mastercard / Amex / Google Pay): $10 (3% fee)See full details on our deposits page.

How do I deposit funds?

Log in to the Client Portal → Select Deposit → Choose your funding method → Follow the instructions.

What is the minimum withdrawal amount?

The minimum withdrawal amount is $20. Learn more on our withdrawals page.

Do I need to complete KYC before withdrawing?

Yes. Accounts must be fully verified before withdrawals can be processed.

How long do withdrawals take?

Cryptocurrency: Depends on blockchain confirmationsE-wallets: Typically processed faster once approvedBank transfers: May take several business days

Forex (foreign exchange) is the global market for trading currencies. It operates 24 hours a day, five days a week.

Leverage allows traders to control larger positions with a smaller amount of capital. While it increases opportunity, it also increases risk.

Yes. Leverage magnifies both profits and losses and should only be used with proper risk management.

How should I manage risk?

Common risk practices include:Using stop-loss ordersRisking only a small percentage per tradeMaintaining sufficient marginAvoiding over-leverage

What instruments can I trade with StoicFX?

StoicFX offers 220+ instruments across six asset classes:Forex Majors — EURUSD, GBPUSD, USDJPY, AUDUSD and moreForex Others — EURAUD, GBPJPY, NZDCAD, USDMXN and moreMetals — XAUUSD (Gold), XAGUSD (Silver)Indices — US100, EU50, HK30Energies — USOil, UKOil, XNG (Natural Gas)Crypto — BTCUSD, ETHUSD, SOLUSD, BNBUSDAll instruments are available on MT5 across desktop, web, and mobile. View full specifications on the Accounts page.

What are the typical spreads at StoicFX?

Spreads vary by account type and instrument. Here are average spreads for key pairs:EURUSD — Standard: ~1.5 pips | Pro: ~0.5 pipsGBPUSD — Standard: ~1.7 pips | Pro: ~0.3 pipsXAUUSD (Gold) — Standard: ~47 points | Pro: ~39 pointsPro accounts offer raw spreads with a separate commission. Spreads may widen during volatile conditions or low-liquidity sessions.

What trading platform does StoicFX use?

StoicFX uses MetaTrader 5 (MT5) across desktop, web, and mobile. Learn more about MT5 on StoicFX.

Does StoicFX support Expert Advisors (EAs)?

Yes. MT5 fully supports Expert Advisors, scripts, and custom indicators.

Can I trade crypto on MT5?

Availability depends on account type. Cryptocurrency trading is not supported on 10X Accounts.

What is a StoicFX 10X Account?

A 10X Account allows traders to trade with up to ten times their deposit using broker-provided trading credit, while only risking their deposited funds. Learn more about 10X Accounts.

Is trading credit withdrawable?

No. Trading credit is not withdrawable and exists solely to increase buying power.

Can I withdraw profits?

Yes. Eligible profits from closed trades may be withdrawn.

What happens if I withdraw my original deposit?

Withdrawing any portion of the original deposit removes all trading credit and requires requesting a new 10X account.

Is this a prop firm or evaluation account?

No. The 10X Account is not a prop firm challenge and does not involve evaluation phases or profit targets.

Liquidity refers to how easily trades can be executed without significant price impact. Learn more on our liquidity page.

Where does StoicFX source liquidity?

StoicFX connects to a network of tier-1 banks, non-bank liquidity providers, and ECNs.

What is a MAMM account?

A MAMM (Multi-Account Money Manager) account allows a professional trader to manage multiple client accounts with proportional trade allocation.

What is a PAMM account?

A PAMM (Percentage Allocation Money Management) account allows investors to allocate funds to a money manager who trades on their behalf, with profits and losses distributed proportionally.

What is copy trading?

Copy trading allows you to automatically replicate the trades of experienced traders in your own account.

How do I start copy trading?

Contact our support team to learn about copy trading options and requirements.

Are there fees for copy trading?

Fees vary depending on the signal provider and arrangement. Contact support for details.

What is the StoicFX affiliate program?

The affiliate program allows partners to earn commissions by referring new clients to StoicFX.

How do I become an affiliate?

Apply through the affiliate registration page and await approval from our partnerships team.

How are commissions calculated?

Commissions are based on trading volume generated by referred clients, subject to affiliate terms.

How do I track performance?

Affiliates have access to real-time dashboards showing clicks, conversions, and earnings.

KYC (Know Your Customer) is a regulatory requirement to verify client identity before trading and withdrawing funds.

What documents are required?

Government-issued ID (passport, national ID, or driver's license)Proof of address (recent utility bill or bank statement)

How long does verification take?

Most verifications are completed within 24 hours.

Yes. Trading leveraged instruments involves significant risk and may not be suitable for all investors. Please read our Risk Disclosure.

Are client funds segregated?

Yes. Client funds are held separately from operational funds in accordance with regulatory requirements.

How do I contact support?

Email: support@stoicfx.comContact Form: Available hereSupport hours: Monday - Friday, 08:00 - 17:00 SAST

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