Barclay Stone is a Forex broker providing access to the international stock and foreign exchange markets. This program allows you to receive income from transactions that are characterized by low prices and high liquidity.
Reviews of Barclay Stone are mostly positive due to the stability and efficiency of the platform. The system ensures data security thanks to the SSL encryption protocol created on the basis of the blockchain. The software is stable and does not freeze. This protects users from slippage and financial risks.
Barclay Stone – what is this program
The site began to work exclusively with innovative software, which was created by the leading specialists of MetaQuotes Software Corp. Barclay Stone CFD is perfect for trading any asset and is aimed at both Forex and transactions with other financial instruments, of which the broker has more than 250.
The platform is suitable for traders who are used to using a large number of strategies and a variety of techniques. Scalping is available on the site, although a competitor often closes this opportunity.
Products & Services
Barclay Stone provides a standard list of services for forex brokers. The company’s clients can make transactions on the interbank and stock markets, create their investment portfolios, increasing their personal profit. This can be done both through the web terminal and through the mobile application.
The broker provides training, consultation, development of individual trading strategies, etc.
The Barclay Stone trading platform operates on the international market and has offices in three European countries. Locations were chosen based on the number of clients in the total mass of traders on the site. The main office in Russia is located on Presnenskaya embankment in the Moscow City business center complex, the second office is located on Barclay Street. In addition, the company has representative offices in Berlin and Warsaw.
Barclay Stone CFD basic contact information:
Barclay Stone operates exclusively within the framework of international legislation that regulates financial flows and prevents fraud. Carrying out business in the EU, the broker is subject to strict MiFid rules. A license requires attention and careful selection of the country for licensing. The reason is the restrictions of some countries on financial instruments, etc. The company is now considering all possible options.
The actual domain was assigned to the broker relatively recently; earlier the company used a different domain name. The change took place due to moving to another, more secure hosting.
Registration and entrance to the trading platform
Anyone over the age of eighteen can register on the Barclay Stone website. To do this, you must fill out a standard form and enter personal data. After that you will have to go through verification. Identity confirmation takes place in an automatic format, it is enough to upload a photo of the documents that are indicated in the list. After verification, the user can go to their personal account. You can log in from any device.
For the convenience of customers and to increase user mobility, a trading application was created. They are suitable for Android iOS devices. The application has high performance and is in no way inferior to the web terminal. The ability to make transactions is available around the clock, seven days a week. The release date of the updates is not yet known.
Forex broker Barclay Stone uses only advanced software, which is why it was decided to integrate with the MT5 terminal. It is more functional in comparison with MT4:
- Wide timeframes;
- Improved trading advisors;
- The ability to copy the strategies of successful brokers;
- Creation of pending orders.
MetaTrader 5 also has a set of indicators that can be installed on a chart. This greatly improves the efficiency of trading. But it should be noted that position locking in this version is not available, unlike MT4. Many traders see this as a significant disadvantage.
How to open an account and get your first profit
For beginners, it is worth taking a course before opening an account. The theoretical course can be banned on a demo account, which is provided for a period of 30 to 60 days. It contains 100 thousand units of the currency with which the trader will work in the future.
If a trader has already worked with Forex, he can open an account right away. To do this, you need to register and verify. For the convenience of users, the “open an account” button is located at the top of the first screen.
Training for beginner traders
Online trading is an incomprehensible and complex system for beginners, therefore Barclay Stone specialists have developed an author’s training system. Clients will receive basic knowledge. After consolidating the theory, they will be able to use a demo account. Making deals on it is also part of the training. The user cannot withdraw virtual funds.
Experienced users have access to PRO webinars that will help keep abreast of the latest trading trends and provide a basis for professional growth.
Forex broker Barclays Stone offers seven different account types. They differ in terms of trading conditions.
- Base – minimum deposit from $ 250. Standard conditions.
- Standard – from $ 2500. Basic conditions plus PRO webinars once a month and one free withdrawal of funds.
- Silver – from $ 5000. Standard conditions, plus 2 PRO webinars per month, personal manager and commission-free withdrawal once a month.
- Gold – from $ 10,000. Gold spreads, conditions of the Silver account plus 3 PRO webinars per month, withdrawal without commission 2 times a month, 3% on the balance of free funds.
- Platinum – $ 25,000. Platinum spreads, Gold account conditions, plus swap refunds up to 10%, PRO webinars 4 times a month, withdrawal without commission 3 times a month, 5% on the balance of free funds.
- VIP and ELITE – with special conditions. The possibility of opening them should be checked with the manager.
How to top up and withdraw funds
You can use Visa and Mastercard to top up your account. It can be plastic of any bank. Depositing funds is possible through the application or personal account on the site. Crediting takes place instantly and without additional commissions from the broker. You can also use a bank transfer, but the replenishment process can take up to 5 days. Accepted currencies: USD, EUR, GBP, CHF, RUB.
Terms of account replenishment
|VISA, MasterCard||USD, EUR, GBP, CHF, RUB||instantly||0%|
|Bank transfer||USD, EUR, GBP, CHF, RUB||up to 7 days||0% *|
You can withdraw funds only the way they got to the account. Clients cannot receive money to another card or to another bank account. This is written in the user agreement. Depending on the type of account and its conditions, the withdrawal of profits may be charged a commission in the amount of 0% to 3.5% when transferring to a card or € 35 for a bank transfer.
|VISA, MasterCard||USD, EUR, GBP, CHF, RUB||2-4 days||from 0% to 3.5% *|
|Bank transfer||USD, EUR, GBP, CHF, RUB||up to 7 days||€ 35|
Each trader has a personal manager. This person is empowered to solve customer problems. In case of emergency, you can contact support and get answers to your questions. The broker’s call center works promptly and provides advice in several languages. You can contact the support service either by calling the hotline +44 122 445 9822, or via the chat on the website. You can also write to the messengers of the company’s official pages on social networks or leave an email to [email protected] Depending on the choice of communication methods, the request can be resolved at different times.
Clients often contact the support service for withdrawing money. Sometimes the application does not go through the system. There may be several reasons: insufficient withdrawal amount (at least $ 50), another card number is indicated, etc. Consultants will always suggest ways to solve the problem.
Barclay Stone reviews: customer comments and traders’ opinions
How realistic is it to trade and receive money with a Forex broker? To understand that this is not a scam project, it is worth researching the opinion of users on the Web. Reviews of Barclay Stone ltd can be found on many platforms. There is no information that these are scammers, except for manipulative comments without arguments. There are different reviews on the Internet, real users are frank about their experiences.
Taking a snapshot of the platform reviews, we can draw conclusions. Users like the stability of the system, the absence of slips, a large number of financial instruments, scalping, accurate order execution. At the same time, users complain about the excessive activity of managers, the limited methods of depositing and withdrawing, and the large size of the commission.
Sergey A., St. Petersburg. Positive feedback:
I am not a beginner in trading, I even managed to visit the kitchen. Registering with Barclay Stone was a deliberate decision. At first I tested the site through a demo account. The results were stable and good. The made minimum deposit rebounded quickly. I trade profitably through scalping. The conclusion is made quickly, in a couple of days for sure. Only the manager sometimes goes too far with activity.
Max Traider, Kiev. Neutral Feedback:
It’s very interesting that you have to pay a high commission for a good quality work. Of course, no one bothers me to switch to a larger account, where conditions are more pleasant, but for this you need to find money and invest decently. In the meantime, you have to pay $ 35 commission from each $ 1000. And it’s a pity that I can’t withdraw from my BS account to my PayPal right away, then I have to transfer it from the card.
Andrey, Moscow. Positive feedback:
The inability to use MT4 in Barclay Stone came as a shock to me. All brokers have a choice, MT4 or MT5. I was also surprised by the large size of the initial deposit in comparison with competitors. Of course, it is easier to start trading with this, and less margin is required. It’s good that at least the profit is predictable and the withdrawal is stably made, without delays and headwashing. Plus, they have high-quality software, good analysts, PRO webinars are quite useful and informative.
Barclay Stone advantages and disadvantages
Anyone who is ready to make money on the br-stone.com CFD platform needs to know the positive and negative sides of a Forex broker. These factors will help you make the right decision.
Advantages of Barclay Stone:
- interface consistency and functionality
- software speed
- innovative technologies
- high level of data protection
- quick withdrawal and deposit of funds
- mobile application for trading
- quality teaching
- analytics from the world’s best experts
- high profit ratio
Disadvantages of the company:
- high spreads
- lack of MT4
- few ways to deposit and withdraw funds
All Barclay Stone clients should remember that Forex trading always carries financial risks. In the event of market volatility, inexperience or other factors, the user may lose all the money invested. Nevertheless, the Barclay Stone ltd trading platform compares favorably with other Forex brokers and allows you to trade with lower risks thanks to high-quality software and accurate analytics.