Stockoza Review | Another Scammer or a Safe and Profitable Platform?

by Kevin Berry
  1.7/5   Reviews: 3
Stockoza - logo

Stockoza – yet another scammer or a safe and profitable platform for trading CFDs? There are many reviews of the company on the internet, with over 90% being positive, although this looks extremely suspicious. The thing is, the firm does not reveal anything about itself, except that it is registered in Saint Vincent and the Grenadines. The founding date, business model, and regulation – these important aspects of the activity remain a mystery to us, but we will still try to figure out what kind of platform it is and whether it can be trusted with money.


🏛️ Country Saint Vincent and the Grenadines
⚠️ Regulation
🖥️ Website https://stockoza.com/
🎲 Demo Account No
⏳ Start Time 2020
💲 Minimum Deposit $10,000
⚖️ Minimum and Maximum Leverage 1:400
⚙️ Trading Platform WebTrader
📨 E-mail support@stockoza.com
📞 Phone +18009018109

First Impression of Stockoza.com

The broker’s official website is nothing interesting or captivating. First, it is not very informative because many details that the firm should disclose are missing. Second, it is of low quality. For example, the Stockoza site is translated into several languages, but not completely, and the translation is likely machine-generated rather than human.

For instance, we switched to Russian, but in some places, English remained. Why do they enable other languages if not provide a full translation? You can see this in the screenshot below, taken from the account types section.


Stockoza offered users an ordinary website, without any unique graphic design. Visitors can learn about the trading conditions, including tariffs and platform, review legal documents, such as the user agreement, AML & KYC policy, and others, and contact technical support managers.

Stockoza - site

Partnership and Bonuses

At the moment of account creation, a referral code is requested, so it is very likely that Stockoza has an affiliate program. However, for unknown reasons, it prefers to hide information with the conditions, although the broker could at least indicate that users can participate in the referral program.

Moreover, traders have access to bonus promotions. It is also not described, but presumably, Stockoza requires some unimaginable turnover of trades within a certain time for the received bonuses to be available for withdrawal.

Account Opening on Stockoza.com

Without an account, trading cannot be started. We also need to register a personal account to see what the internal interface looks like, and then to check out the trading terminal at Stockoza. By the way, it’s impossible to try on a demo account, as this option is not offered here.

Thus, the registration process with the broker is quite lengthy. Here’s briefly what the user needs to specify:

  • Name.
  • Contacts details.
  • Date of birthday.
  • Address of residence.
  • Currency (USD or EUR).
  • Referral code (if any).


However, this is where the registration process ended. The account was not created, and after submitting an application for creation, an error popped up: “Please try again or request assistance from our help desk”. Stockoza does not allow free registration; it’s necessary to contact technical support. Why is this necessary? We do not know, but we often see fraudulent brokers using the same approach.

Registration error


Every client must provide documents verifying their identity and residential address as part of the KYC & AML policy. Stockoza requires the following set of documents:

  • Passport, driver’s license, or government-issued I.D.
  • Bank statement or utility bill.
  • A front and back photo/scan of a bank card. It is necessary to obscure several digits on the card number and the CVC for security purposes.

We recommend not rushing to upload documents to poorly verified companies. Your personal data may fall into the wrong hands.

  • Mandatory KYC.
  • Unknown how long the verification check takes.
  • The company asks for a photo/scan of the bank card.

Trading Software

The broker calls its platform “Stockoza Trader”, hinting that it is their own development, but we hardly believe this. Overall, since we cannot register an account and see for ourselves what the platform looks like, we have to believe the description presented on the site.

Clients have access to comprehensive technical analysis, indicators, two dozen timeframes, up-to-date balance data, all types of orders, an order book, a multi-currency tester, and tick charts.

Stockoza also assures us that their platform is available not only in web-based format but also as a desktop and mobile trader. Whether this is true or not, we do not know, because the download links are only available to registered users.

Features Stockoza Demaxis XFortunes
Demo Account
Mobile App ✔️ ✔️
Own Development

How Can I Trade With Stockoza?

The company offers online trading services. Clients can trade only CFDs, including forex, metals, indices, commodities, stocks, and cryptocurrencies. More than 500 assets. Before starting trading, it is necessary to choose a tariff plan. Therefore, next, we will look at the lineup of account types.

All Info About Accounts

Stockoza offers six different types of accounts, with a minimum deposit starting from $10,000. This amount is huge for an initial deposit. Such a requirement from the broker shows a lack of customer orientation and disconnection from reality. Why? Just look at popular CFD platforms and their minimum deposit threshold – it’s no more than $10. Here, traders, even beginners, need to invest a minimum of $10,000.

On the first tariff, clients only have access to assistance from a personal manager, and spreads are of the floating type. So, essentially, there are no additional options to speak of. The second account type requires a massive $25,000, and regarding additional service, only premium signals are offered. Discussing other tariffs in Stockoza makes no sense, as they have unrealistic balance requirements. We will just list what the firm offers:

  • Daily signals.
  • Private trading academy and sessions.
  • Discount fees.
  • Webinars.
  • VIP services.
  • Real-time market updates.

Account types

It’s also worth noting the company’s secrecy regarding trading conditions. For example, what is the size of the commission? While spreads are stated from 1 point, in reality, we do not know whether this is true or not. Why is there no table with contract specifications where traders could see spreads and swaps in real time? However, the leverage is known, but its indicator of 1:400 definitely indicates a lack of regulation at Stockoza.

No mention is made of an Islamic account, but the user agreement mentions this option. Most likely, a consultation with a manager is needed. A demo account is absent, as we already noted above.

  • None.
  • $10,000 is a very high minimum deposit.
  • Hidden fees.
  • No contract specification.
  • No demo.

Market Analysis and Education With Stockoza.com

In this section, there’s almost nothing to comment on, as Stockoza offers nothing. The usual and useful for traders economic calendar, financial news, calculators for calculating order parameters, and other widgets are missing. Fresh analytics and educational courses are also not offered. And how does the firm plan to compete with well-known companies? After all, clients do not have access to any unique advantages.

Deposit, Withdrawal, and Fees

Stockoza lists credit/debit cards and two payment systems (Skrill and Neteller) as methods of money transfers. The processing of fund requests takes up to 3-4 working days, but sometimes the firm processes requests faster. However, commissions are not stated.

Features Stockoza Orca Investment Group LumineTrade
Debit/Credit Cards ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee ✔️ ✔️

How Can I Contact It?

Clients can contact Stockoza managers by phone number or email. These data are real, at least a superficial check showed this. Additionally, users can reach out via online chat. However, they are unlikely to receive a response. We asked a question regarding the inability to register an account, but we did not receive an answer.

Online chat

  • A phone number and email are available.
  • Managers do not respond in the online chat.

Is Stockoza Dangerous?

Although we have not seen direct evidence yet that this is a fraudulent company, such a feeling has not left us since the beginning of the review. The impossibility of registration, ignoring by managers, and inadequate conditions – how many more downsides can one find at Stockoza? It is necessary to figure out when the platform was launched and what licenses it has.

How Long Does The Broker Work?

The longer a company operates, the more trust it gains. This is logical and understandable. Stockoza says nothing about its founding date. Why does the broker hide this? Let’s try to find out. The domain of the official website was registered in the middle of 2020, but until 2021, it was up for sale. Snapshots taken from the WebArchive service showed that in 2021 the site acquired the look we can observe today. Therefore, it is quite likely that the firm began operating only in 2021. This is not a short period, but also not a long one.


How Is Stockoza Regulated?

The question of regulation is no less important than the duration of operation. It’s no secret that any online broker must obtain a license. Then its activities will be legal and official. Stockoza does not mention regulation on its site, so the organization is unlikely to own any licenses.

However, we will still check the registries of Saint Vincent and the Grenadines, because that is where the company’s legal address is located. Interestingly, a firm named Stoc.Koza Limited comes up under the registration number in SVGFSA, although we see Stockoza on the website. Assuming this is true, then the broker is indeed regulated by SVGFSA.

Stockoza - SVGFSA

Taking SVGFSA seriously is not worth it, as this financial commission does not actually control the activities of forex brokers, so client funds are not protected. On the contrary, such organizations should not create trust among traders. Registering a company in this jurisdiction can be done very quickly and cheaply, almost anyone can do it. This is why scammers often choose offshore countries like Saint Vincent and the Grenadines.

Features Stockoza Investments Global AME Capitals
European Zone
Asian Zone
American Zone
African Zone
Offshore ✔️

Frequently Asked Questions (FAQ)

Kevin Berry
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Expert Opinion

The broker has no license, and its business model is a dealing desk, which means there is a conflict of interest. Then where does Stockoza get so many reviews, and positive ones at that? There’s no need to guess or ponder because these comments are bought; they are simply fake. Why does the company do this? To advertise its fraudulent activity. When a potential client sees many positive reviews about the platform, it creates the impression that we are dealing with some serious brokerage intermediary that can be trusted. However, this is absolutely not the case. This offshore company without a license will leave all its users without money.

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Stockoza rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

3 reviews about Stockoza

SAGA February 1, 2024 - 17:03
I fell victim to them, too
The level of trust

If you fell for STOCKOZA, don’t worry because you’re not alone. I lost $11K, but I’ve stopped thinking about it. I recommend forgetting this silly mistake, accepting this valuable lesson, and moving on. This helped me psychologically, and I’ve already recouped the loss with another company. Here, it’s a fraud, no doubt. Not only did I fall into the trap, but other traders did too.

Henry Aniston February 7, 2024 - 23:07
another offshore scambroker,
The level of trust
Quick withdrawal of funds

Another offshore scam broker, created to scam people out of money. Nothing new. Meanwhile, people fall for this fraudulent scheme, not realizing that a fake company will scam them out of money. Look closely – they have no license, and all positive reviews are fake. Can such a shady brokerage firm be trusted? No.

Friendtech February 16, 2024 - 12:23
I lost $25,000
The level of trust
Quick withdrawal of funds
Efficiency of technical support

In 2022, I lost $25,000 to this fraudulent organization. The scammers have still not returned anything to me. I invested $25,000 here, but after a trading week, I decided to withdraw the funds because the platform did not suit me, and the conditions were far from normal. At that time, I found another company to which I planned to transfer this money.
Stockoza did not approve the withdrawal request, even though KYC was passed, and there were no restrictions on the account. I did not take any bonuses, and the trading turnover was high. I miraculously managed to preserve $25,000, instead of losing it, because the conditions here are absolutely unsuitable for stable and profitable trading. So, I advise against this fake brokerage dump; they steal money from their clients!


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