One of the main (key) indicators of a broker’s reliability is the opinion about its performance from real traders who use its services every day. What is Strifor and how do users rate it? Let’s take a look at Strifor trader reviews and see what trading conditions the broker offers its clients.
The main advantages of a Strifor broker
In their reviews, traders first and foremost pay attention to attractive trading conditions. They note low spreads and commissions, and also point out that Strifor has one of the most competitive offers on the market compared to other services.
It is really very easy to become a broker’s client. To open a Basic trading account, the user can deposit any amount into the account, for example, $100, and after that, they will have access to all trading options.
The following terms and conditions apply to your Basic account:
- Spreads – starting from 0.1 point;
- Leverage up to 1:500,
- commission for Forex and metals – $8;
- Commission for crypto currencies – 0.4%, and for indices – 0.004%.
On other accounts, the Strifor broker offers even more favorable trading conditions. The most favorable offers are presented on the Professional account, where the commission for metals and Forex is $5 per lot, for indices-0.002%, and for cryptocurrencies-0.25%. However, to open this trading account, a trader must have a balance of at least $20,000.
However, according to Strifor reviews, this is not a problem for many traders, as they use the accumulation program offered by the broker. Customers of the service can use their account as a deposit with an annual yield of up to 18%. The only point is that interest is charged only for the amount that is not involved in trading. Interest is calculated every day, and at the end of the month, the entire amount earned is combined and credited to the client’s account.
And this is not the only way to earn passive income: traders can also earn money from their referrals. To participate in the affiliate program, just register on the platform. In the user’s personal account, a referral link is placed, which is used to track all actions of referrals. Clients of the Strifor broker receive commission bonuses for the operations of their referrals, and not for the number of new traders attracted.
And, as seen from Strifor customers’ reviews, they positively evaluate the affiliate program. According to its terms, there are 3 levels:
- Bronze. You need to attract from 1 to 4 referrals. In this case, the commission bonus will be equal to 40%.
- Silver. The trader should have 5-9 referrals, and the commission bonus will be 50%.
- Gold. Awarded if there are more than 10 referrals, the commission bonus reaches 60%
Withdrawal of funds and platform speed
One of the main questions that all traders are concerned about when starting work with a new broker is how reliable the platform is and whether it meets the withdrawal conditions. Strifor broker informs on its website that withdrawal of funds is always performed in full within 5 business days.
However, it’s important to note that depositing and withdrawing funds here are organized only in cryptocurrencies. This means that you cannot deposit or withdraw funds to a bank card. For some traders, this is a significant advantage as they don’t deal with fiat money, others see this as a disadvantage, but do not consider it to be a major issue.
In their reviews of Strifor, traders pay special attention to the speed of execution of trading operations. The broker uses the multi-market MetaTrader 5 platform, which is considered one
of the best in its segment. Most clients have positive reviews of the broker’s choice of MetaTrader 5. It allows you to simultaneously test strategies on multiple trading assets and has many useful features that simplify trading.
As shown by the reviews, Strifor is a reliable broker that can be trusted and that conscientiously fulfills all the terms of cooperation. Its key advantages include low spreads and commissions, as well as favorable terms of the affiliate program and loyalty program, which allow you to consistently generate high passive income.