STEX Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • TradingView

STEX Review 2024

Updated:
Updated: October 06, 2023

2.63

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • TradingView
Trading features:
  • Most popular cryptocurrencies and tokens, no fiats, exchange service, standard referral program, profitable investment program with a reserve fund, and no minimum deposit

Summary of STEX Crypto Exchange

STEX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.63 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by STEX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. STEX ranks 92 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

The STEX crypto exchange offers all the necessary tools for comfortable cryptocurrency and token trading. There are no fiat pairs, leverage, or over-the-counter trading on the exchange. The terminal is TradingView, plus applications for iOS and Android. Commissions are objectively low, the same for experienced and beginner traders. The referral program is standard. The investment program allows you to participate in the Defi coin and JNTR auctions, which take place daily. The coin has a high payback and profit potential, the risks are minimal.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The STEX (Spot Trading Exchange) exchange is a platform where you can exchange and trade cryptocurrencies where all popular cryptocurrencies and tokens are available for exchange, as well as several dozens of fiat funds. Transactions can be carried out via direct payment by bank card. Pairs with Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), LINK, DAI, and a variety of other cryptocurrencies and tokens are available for limit and stop-limit order trading. The exchange has low trading fees (up to 0.2%), which depend not on the volume of trades, but on the type of service that the client used for verification. There are no demo accounts or training materials, but there is no minimum deposit either. There is a profitable referral program. Also, the site offers a unique program of investment in the blockchain project called Jointer with daily payments.

💰 Account currency: Cryptos and tokens
🚀 Minimum deposit: No
⚖️ Leverage: No
💱 Spread: Market
🔧 Instruments: Cryptos and tokens
💹 Margin Call / Stop Out: No

👍 Advantages of trading with STEX:

  • loads of cryptocurrencies and tokens to trade and exchange for fiat currencies;
  • 2FA authentication, PGP key, and web authentication;
  • customer funds are kept cold and segregated;
  • availability of TradingView terminal and mobile trading application;
  • IP whitelisting, log in via Google, Microsoft, or Linkedin;
  • less than one-second order processing;
  • off-the-charts stability;
  • high-profile advanced charting features;
  • referral payments: 25% of partner's trading fees;
  • opportunity to reduce commissions to 0.1%;
  • no withdrawal limits (only for L1 tier).

👎 Disadvantages of STEX:

  • no demo account or solutions for beginners;
  • no call center, the connection with the technical support is by email only;
  • no information about the license of the company.

Evaluation of the most influential parameters of STEX

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

1.65

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

4.00

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

3.78

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

3.94

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

4.30

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

4.52

/10

Geographic Distribution of STEX Traders

Popularity in

15.6%
IN
India
12%
US
United States
10.3%
UA
Ukraine
9%
PK
Pakistan
3.6%
VN
Vietnam
2.9%
GH
Ghana
2.7%
TR
Turkey
0.3%
MA
Morocco
34.6%
Others
Others

User Satisfaction i

15 comments
Total score:
6.3 /10

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shah77
2 years ago

I trade on the STEX exchange only because of the possibility of exchanging rare tokens. Previously, I mined several of these tokens, and only on this exchange were they traded. Another important feature for me is the ability to buy cryptocurrency for fiat at a normal price. Therefore, I continue trading here. For other things like trading and investing, the stock exchange is not suitable for me. Yes, you can reduce the trading commission, but here the volumes are not as large as those of the world's top exchanges. Plus, the commission for withdrawal is not the smallest, and that is also worth considering. Therefore, STEX is best used as a secondary trading platform.

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shahalertpay
2 years ago

For beginners, the STEX exchange is most likely not suitable. There is no way to use a demo account for training, and it is only possible to externally explore the terminal. Also, margin trading is not provided, so in order to trade without unnecessary risks, you need a lot of capital. That is, beginners should look for other platforms. But there are a lot of opportunities for professional crypto traders. First, it is not necessary, as on other exchanges, to bother with trading volumes or burning tokens to reduce the trading commission. Here the commission is automatically reduced after passing the verification. The second is a large selection of trading assets and high liquidity. The terminal does not freeze, orders are triggered quickly, but only for the main pairs. If you trade rare tokens, then there will be little liquidity. And last but not least, you can exchange fiat for crypto using bank cards. Prices for cryptos are average. This opportunity is good for all crypto investors.

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karka
2 years ago

I did not work with the STEX exchange when it was called Stocks.exchange; I came here much later. I compared the trading volumes that were earlier with the trading volumes for today. The changes are clearly positive. Of course, it is worth considering the growth in the value of cryptocurrency as well as the growth in the number of participants in the cryptocurrency market. But the trend of positive development of the STEX exchange is obvious. Fees have dropped significantly, the number of new tokens has increased, and the cryptocurrency market has grown. True, the possibility of replenishing the deposit with fiat currency has disappeared, although the purchase of crypto for fiat remains. Now it is much less common to see negative reviews about the STEX exchange. During all the time of trading here I have never encountered any serious problems. Crypto prices are adequate, orders are executed quickly, and you can trade here. The interface of the trading platform is convenient, and there are many features and functions. The analytics are pretty weak, but I always only look at the analytics on professional cryptocurrency resources. My review of the STEX exchange is positive.

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Emalbans
2 years ago

My experience with the STEX exchange is positive. I mainly trade in several major pairs, and I avoid illiquid assets. The trading volumes were initially small, so there was no need to get verified. The limit for withdrawal is the equivalent of 50,000 USD. That and the high commission did not bother me, because I trade in the medium term. But then I still had to go through verification, because I got into the Bitcoin growth trend and made a lot of money. The verification was done within two days, then the profit was withdrawn within two more days. So I am quite pleased with the cooperation with the STEX exchange. Now, if it made margin trading available, that would be great.

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wiwik
2 years ago

The only problem that I had when working with the STEX exchange was the delays in the transfer of the cryptos, both in the direction of replenishment and in the direction of withdrawal. Maybe I'm unlucky, but the delays happened in almost every transaction. I have been working with the STEX exchange for several years, they even recognize me in technical support by my requests. Once, the withdrawal delay was significant. They had some kind of failure in the system, they said; and it took 5 days to withdraw my Bitcoins. I demanded compensation, and as a result, I was given a zero trading commission for a month. This is probably why I remain trading on the STEX exchange, despite all its shortcomings.

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Amir6347800
2 years ago

STEX is an ordinary cryptocurrency exchange. There are many different reviews on the net. But almost all negative reviews refer to a past period. I started working here a year and a half ago. Now, this is quite a comfortable trading platform. If you do not chase super profits, then you can make good money here. I participated in several auctions, and once I was able to get a prize in the form of a good amount of JNTR. It is clear that this is not the coolest token, but you can also earn money on it. In general, the STEX exchange often holds various contests. And winning such competitions can bring good dividends. The trading volumes are large, and the liquidity is good. Here I was able to sell Masari at a good price. Of course, such coins are illiquid, but if you buy it on time and then sell it, you can get a good profit.

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mohammed_raffiq
2 years ago

This is another exchange located in Estonia. In 2018, they changed the name and domain, now they work as a STEX crypto exchange. This is not the worst crypto platform. It is not possible to trade crypto in a pair with fiat currency, but you can buy crypto using bank cards. I registered pretty quickly, but the verification was delayed a while. But immediately after verification, the trading commission dropped significantly. This is good because the withdrawal commission is significant. I have already withdrawn tokens twice, the first time the money came to the BTC wallet within 15 minutes, and the second time the withdrawal was delayed until the end of the working day. But for me, it is not such a big problem, so I continue to cooperate with STEX.

Expert Review of STEX

The STEX exchange provides cryptocurrency trading via the TradingView browser and terminal. The terminal has some modifications in terms of functionality (e.g., adaptive arrangement of blocks and additional settings for chart display). The Company has developed its mobile applications for iOS and Android devices. The browser terminal and the application do not have any vulnerabilities or technical deficiencies and work stably. Transactions take less than 1 second to complete.

No fraud, tax evasion, or failure to meet its obligations to customers were detected during the inspection. Also, the exchange does not provide data on the actual license for financial activity. STEX is characterized by large trading volumes, and the most popular cryptocurrencies and tokens are available. There are crypto-to-crypto pairs only; fiats are available exclusively in the exchange service. There are various deposit and withdrawal options.

The platform is optimal for beginners and experienced traders, as well as for investors because it presents options for passive income. The conditional disadvantages of users include the absence of fiat currencies for exchange trading, lack of demo accounts, and no telephone communication with technical support. But it is noted that support promptly responds by email. Significant shortcomings in the site's work are not noted.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of STEX’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

The STEX crypto exchange offers the Jointer investment program. It is a blockchain project in which the liquidity of the Defi and JNTR coins is provided by real estate. Technically, profit generation is implemented on the principle of staking. In other words, the platform develops through external investments, increasing its profitability and paying interest to investors. But the investment methodology is based on the principles of an auction, so it differs from staking in blockchain projects on other exchanges.

Every STEX user can buy a JNTR coin on the exchange and invest it in an auction. The exchange gives investors a discount on coin purchases, the discount is proportional to the total amount of coins invested. The basic yield of the program is 1% of all deposited funds, this percentage is distributed proportionally to the deposits. Bonus payments range from 15-50% per annum. The auction is launched daily. The investor can withdraw the invested funds at any time because they are not frozen.

To participate in the Jointer auction, investors must keep unlocked and unused JNTRs in their wallets with a 1:1 par value ratio. For more terms and information about the program, visit the DeFee Auctions section.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

STEX’s affiliate programs:

Every STEX customer can participate in the STEX referral program and receive payments for the invited users. After registration and verification in the trader’s personal account (in the "Referral program" section) your personal affiliate link will be available. It can be placed in forums, social networks, and other forums without any restrictions.

Each user who registers and verifies at STEX, previously passing the referral link, will bring the inviting trader 25% of his trading fees. The program is termless so the invited user will provide a passive income to the invited trader throughout the time that he trades on the site. The program is unlimited, hence you can invite any number of users and get paid for each of them.

Only one level of the program is provided, so the user does not receive payments for those who have been invited to the site by his partners. Referral payments are made daily, in the currency of the transaction carried out by the partner.

Trading Conditions for STEX Users

The STEX crypto exchange does not set a minimum deposit. To start trading, a client needs to register and confirm his identity using one of the offered methods. Additional mandatory actions are not required because the client determines his financial policy and makes the optimal deposit. Only exchange trading without leverage is available. Clients are not limited in the choice of strategy, so you can use API, but must trade with his own funds; there is no leverage trading here. Technical support is available 24 hours a day and answers promptly, but only by email. See the "Contact us" section. Below is the table showing the trading conditions of the exchange.

$1

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: TradingView (in browser)
📊 Accounts: Standard
💰 Account currency: Cryptos and tokens
💵 Replenishment / Withdrawal: Bank cards and accounts, electronic and cryptocurrency wallets
🚀 Minimum deposit: No
⚖️ Leverage: No
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Spread: Market
🔧 Instruments: Cryptos and tokens
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Not indicated
⭐ Trading features: Most popular cryptocurrencies and tokens, no fiats, exchange service, standard referral program, profitable investment program with a reserve fund, and no minimum deposit
🎁 Contests and bonuses: Not indicated

Broker comparison table of trading instruments

STEX Bybit MEXC Binance StormGain WhiteBIT
Forex No No No Yes No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

STEX Commissions & Fees

Information
Trading operations fees on STEX are fixed. They do not depend on the volume of trading and other factors within the platform or market. The fees are determined at the start of the verification option (data confirmation). The following options and their corresponding commissions are available:

  • Level 1 (L1) - 0.2% for users verified through the site service (withdrawal limit — up to $500,000 per day);

  • Level 2 (L2) - 0.15% for users verified via STEX, Smart-ID, or Fractal;

  • Level 3 (L3) - 0.1% for users verified through Cryptonomica.

There is only one way to reduce commissions after verification which is by using rebates from the Traders Union. But even the L1 level commission of 0.2% for a taker/maker is below average in the market segment.

Account type Spread (minimum value) Withdrawal commission
Standard Up to 0.2% per order Yes

This crypto exchange does not set the maximum withdrawal limits (except the limit on L1). The minimal withdrawal amount can be 0.00000010 or 0.00000100 depending on the asset. Commission for withdrawal differs and is calculated based on the following factors: asset and withdrawal channel. All data will be specified when applying for withdrawal.

Broker Average commission Level
STEX $0.2 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo STEX
$0.2
$20
$0.1

Contacts

Foundation date 2017
Registration address Tallinn, Harjumaa, Estonia
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
STEX Review STEX Review

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FAQs

Do reviews by traders influence the STEX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about STEX you need to go to the broker's profile.

How to leave a review about STEX on the Traders Union website?

To leave a review about STEX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about STEX on a non-Traders Union client?

Anyone can leave feedback about STEX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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