Forex Broker Barclay Stone ltd – all information

29.09.2020

Year of foundation

2016

Site

https://br-stone.net/

Software

MetaTrader 5 Mobile App

Payment systems

Visa и Mastercard Bank transfer

Affiliate program

Да

Rating

8.2

  1. Barclay Stone - what is this program
  2. How to open an account and make your first profit
  3. Deposits & Withdrawals
  4. Support service
  5. Advantages and disadvantages of Barclay Stone

Barclay Stone is a forex broker that gives you access to international stock and currency markets. This program allows you to earn income from trades that are low in price and high in liquidity.

Reviews about 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 based on blockchain. The software works steadily and does not freeze. This protects users from slippages and financial risks.

Barclay Stone - what is this program

The platform started to work exclusively with innovative software, on the creation of which the leading specialists of MetaQuotes Software Corp. worked. Barclay Stone CFD is perfectly suitable for trading any assets and is aimed both at Forex and transactions in 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 website, although competitors often close this option.

Products and Services

Barclay Stone provides a standard list of services for forex brokers. Clients of the company can make transactions in the interbank and stock markets, create their own investment portfolios, increasing personal profits. This can be done both through a web terminal and a mobile app. The broker offers training services, consulting, the development of individual trading strategies, etc.

Contacts

Barclay Stone trading platform operates on the international market and its offices are located in three European countries. Locations were chosen based on the number of clients in the total mass of traders of the site. The main office in Russia is located in Suite 17058 43 Bedford Street, London, United Kingdom, WC2E 9HA. Besides, there are representative offices in Berlin and Warsaw.

Barclay Stone CFD main contact information:

License

Barclay Stone operates exclusively within the framework of international legislation which regulates financial flows and prevents fraud. Operating within the EU, the broker is subject to strict MiFID regulations. The 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 the possible options.

Official website of the company

The official website of Barclay Stone Ltd. is https://br-stone.net/. The main page contains all the necessary resources for trading. Any registered user can see the quotes, open and close transactions, train, deposit, and withdraw funds. The site also has all the agreements, notices, and terms of use. The actual domain has been assigned to the broker relatively recently. Earlier the company used another domain name. The change took place due to the move to another, more secure hosting.

Registration and Login to the Trading Platform

Anyone over the age of eighteen can register on the Barclay Stone website. To do this, it is necessary to fill out a standard form and enter personal data. After that, he will have to go through verification. Confirmation of identity is automatic, it is enough to upload the photo of the documents in the list. After verification, the user can go to a personal account. Login can be done from any device. BR-srone Signup

Mobile application

A trading app has been created for customer convenience and increased user mobility. 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 24 hours a day, seven days a week. The release date of the updates is not yet known.

Mobile trader

MetaTrader 5

Forex broker Barclay Stone only uses advanced software, which is why it was decided to integrate with the MT5 terminal. It is more functional in comparison to MT4:

  • Wide timeframes;
  • Improved trading Expert Advisors;
  • Ability to copy strategies of successful brokers;
  • Creation of pending orders.

MetaTrader 5 also has a set of indicators that can be installed on the chart. They greatly increase the effectiveness of trading. But it should be noted that locking positions is not available in this version, as opposed to MT4. Many traders consider this to be a significant disadvantage.

How to open an account and make your first profit

For beginners, before opening an account, it is worthwhile to take a training course. The theoretical courses 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 the trader will work with in the future. If the trader has already worked with Forex, he can open an account right away. To do this, it is necessary to register and verify. For the convenience of users, the button "open an account" is at the top of the first screen.

Training for novice traders

Online trading is an incomprehensible and complicated system for beginners, that is why Barclay Stone specialists developed the author's training system. Clients will receive basic knowledge. After the theory is fixed they can use a demo account. Making transactions on it is also part of the training. The user cannot withdraw virtual funds. Experienced users have access to PRO webinars, which will help them keep abreast of the latest trends in trading and provide grounds for professional growth.

Account types

Forex broker Barclays Stone offers five different types of accounts. They differ in terms of trading conditions. Barclay Account type

  • Basic - minimum deposit from $250. Standard Terms.
  • Standard - from $2500. Basic terms plus PRO webinars once a month and one free withdrawal.
  • Silver - from $5000. Standard Terms, plus 2 PRO webinars per month, a personal manager, and no withdrawal fee once a month.
  • Gold - from $10000. Gold spreads, Silver account terms plus 3 PRO webinars per month, no withdrawal fee twice a month, 3% free cash balance.
  • VIP and Elite accounts have special conditions. The possibility of their opening should be clarified with the manager.

Deposits & Withdrawals

You can use Visa and Mastercard cards to replenish your account. It can be plastic of any bank. Depositing funds is possible through the application or personal account on the website. The deposit is made instantly and without any additional commissions from the broker's side. You can also use a bank transfer, but the process of depositing may take up to 5 days. Available currencies: USD, EUR, GBP, CHF.

Deposit conditions Funds can only be withdrawn by the way they were deposited. Customers can not get the money to another card or another bank account. This is spelled out in the user agreement. Depending on the type of account and its conditions, withdrawal fees may be charged from 0% to 3.5% for a card transfer or €35 for a bank transfer. Barclay Deposit Withdrawal conditions Barclay Withdrawals

Support service

Each trader has a personal manager. This person is authorized to solve clients' problems. In urgent cases, you can contact the support service and get answers to your questions. The broker's call center works promptly and provides consultations in several languages. You can contact the support team by calling the hotline +44 122 445 9822, as well as through the chat on the website. Also, you can write in messengers of the official pages of the company in social networks or leave an email to [email protected] Depending on the choice of communication methods the request can be resolved in different terms. Often customers contact the support service for withdrawal of money. Sometimes the request is not passed in the system. There may be several reasons for that: insufficient withdrawal amount (minimum $50), different card number indicated, etc. The consultants will always suggest ways to solve the problem.

Reviews about Barclay Stone: client comments and traders' opinions:

How realistic is it to trade and make money with a Forex broker? To understand that this is not a scam project, it is worth researching the opinions of users on the web. Reviews about Barclay Stone ltd can be found on many platforms. There is no information that they are scammers unless you count manipulative comments without arguments. There are various reviews online, with real users being candid about their experiences. Taking a cross-section of the reviews on the platform, it is possible to draw conclusions. Users like the stability of the system, the lack of slippage, the large number of financial instruments, the possibility of scalping, and the accurate execution of orders. At the same time, users complain about the excessive activity of managers, limited methods of deposit and withdrawal, and the large size of the commission.

Sergio, USA. Positive feedback:

I am not new to trading, I even managed to be in the kitchen. I made a conscious decision to register on Barclay's Market. At first, I was testing the platform via a demo account. The results were stable and good. The minimum deposit was quickly paid off. I am trading in profit via scalping. The withdrawal is done quickly, in a couple of days exactly. I have never been used to such kind of service, except that the account manager is sometimes overdoing it with too much activity.

Max Traider, London. Neutral review:

Very interesting that you have to pay a high commission for good quality work. I am not afraid to move to a bigger account with better conditions but I have to find the money and do it well. In the meantime, I have to pay a $35 commission for every $1000. And I wish I could withdraw from the BS account to PayPal at once, I have to transfer from the card later.

Antony, USA. Positive feedback:

Not being able to use MT4 at Barclay Stone was a shock to me. All brokers have a choice, MT4 or MT5. Surprised and large, compared to competitors, the size of the starting deposit. Of course, it's easier to start trading with this size, and less margin is needed. I have to say that even if the profit is predictable and there are no delays or headaches in withdrawal. In addition, they have high-quality software, good analysts, PRO-webinars are quite useful and informative.

Advantages and disadvantages of Barclay Stone

Everyone who is ready to make money on the CFD platform br-stone.com needs to know the positive and negative aspects of the Forex broker. These factors will help you make the right decision.

✅The advantages of Barclay Stone:

  • Logical interface and functionality
  • the speed of the software
  • innovative technologies
  • high level of data protection
  • quick withdrawal and deposit of funds
  • mobile trading app
  • quality education
  • Analysis by the best world specialists
  • High-profit margins

❌Disadvantages of the company:

  • high spreads
  • commissions
  • lack of MT4
  • Not many ways to deposit and withdraw fund

All Barclay Stone clients should keep in mind that Forex trading always involves financial risks. In the case of market volatility, inexperience, or other factors, the user can lose all the money invested. Nevertheless, the trading platform of Barclay Stone ltd favorably differs from other Forex brokers and allows trading with fewer risks thanks to high-quality software and accurate analytics.

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