Standard Forex Broker

Multi-Licensed - Moderate Trust

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Trust Score

6.8

OUT OF 10

Pros

Regulated by CySEC with client fund segregation and investor compensation protection up to €20,000
Competitive spreads starting from 0.8 pips on major forex pairs with no commission on Standard accounts
Multiple platform options including MetaTrader 4, MetaTrader 5 and WebTrader with full mobile trading support
Fast deposit and withdrawal processing with most e-wallet transactions completed within 24 hours
Comprehensive educational resources including daily market analysis, video tutorials and weekly webinars
Multilingual customer support available in 12 languages during market hours
No deposit fees charged across all payment methods including credit cards and bank transfers

Cons

Standard account spreads are wider than industry average during off-peak hours
Limited cryptocurrency CFD offerings compared to specialized crypto brokers
No negative balance protection for professional clients
Customer support not available 24/7 - limited coverage during weekend hours
Minimum deposit of $100 may be high for some beginner traders

Basic Information

Company

Standard

Region

Cyprus

Established

2020

support@standard.com

Phone

+357 2000 0000

Website

www.standard.com

User Reviews

Thomas Wilson United Kingdom

★★★★☆

I've been trading with Standard for 6 months on their Raw Spread account. The platform execution is reliable and I particularly appreciate the fast withdrawal processing to my Skrill account - usually completed within 24 hours. Spreads are competitive during main market hours, though they do widen noticeably during off-peak times. Customer support has been professional and responsive, especially their technical team who helped resolve a MetaTrader 4 connection issue promptly. My only suggestion would be to expand their cryptocurrency CFD offerings.

Maria Santos Spain

★★★☆☆

Trading with Standard for 4 months on a Standard account. While the platform is stable and educational resources are good, I find the spreads a bit high compared to other brokers I've used. Initial verification took almost a week which was frustrating. The webinars are informative but only available in English. Customer service is helpful but sometimes slow to respond during busy periods. Deposit and withdrawal process works well once verified, but they could improve their Spanish language support.

Alexander Chen Singapore

★★★★★

Have been using Standard as my main broker for the past year, trading primarily forex and indices. Their Raw Spread account offers excellent execution speed and competitive pricing - I typically see EUR/USD spreads around 0.2-0.3 pips during Asian session. Made multiple withdrawals ranging from $500 to $3000, all processed efficiently to my bank account. The MetaTrader 5 platform is very stable and their mobile app works flawlessly for monitoring positions. Educational content and daily market analysis have been valuable for my trading decisions.

Overview

Standard is a retail forex and CFD broker established in 2020, offering trading services to global clients through its Cyprus-based operation. The broker provides access to multiple financial markets including forex, commodities, indices, stocks and cryptocurrencies through various account types designed to meet different trading needs. Operating under CySEC regulation, Standard maintains strict compliance with European financial regulations including MiFID II directives and client fund segregation requirements. The broker offers three main account types – Standard accounts with spreads from 0.8 pips and no commission, Raw Spread accounts with tighter spreads plus commission, and Professional accounts for high-volume traders. Trading platforms include the popular MetaTrader 4 and 5 suites along with a proprietary WebTrader platform, all available on desktop and mobile devices. Standard differentiates itself through competitive pricing on its entry-level accounts, comprehensive educational resources including daily market analysis and webinars, and a focus on regulatory compliance and fund security. The broker primarily targets retail traders seeking a regulated environment with straightforward pricing and reliable execution.

Is Standard Safe? Regulation Analysis

Standard operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) with license number XXX/XX. As a CySEC-regulated entity, the broker must comply with strict European financial regulations including MiFID II directives. This regulatory framework requires the segregation of client funds in separate tier-1 bank accounts, participation in the Investor Compensation Fund providing protection up to €20,000 per client, maintenance of minimum capital requirements, and regular external audits. The broker implements negative balance protection for retail clients as required by ESMA regulations and maintains leverage restrictions of 1:30 for major forex pairs and lower ratios for other instruments. Standard has maintained a clean regulatory record since establishment with no major violations or sanctions. While the primary entity operates under European regulation, the broker does not hold licenses in other major jurisdictions such as the UK (FCA) or Australia (ASIC), which may limit protection options for clients outside the EU.

Trading Products and Services

Forex Trading: Over 40 currency pairs including major pairs (EUR/USD, GBP/USD, USD/JPY) with spreads from 0.8 pips, minor pairs and exotic crosses with competitive pricing and leverage up to 1:30 for retail clients
CFD Trading: Indices including major global benchmarks (S&P 500, FTSE 100, DAX), commodities including gold, silver and oil, plus selected cryptocurrency CFDs
Stock CFDs: Access to shares from major exchanges with competitive spreads and margin requirements
Trading hours vary by instrument with forex available 24/5 and other markets following underlying exchange hours

Trading Platforms

MetaTrader 4: Industry-standard platform featuring customizable charts, 50+ technical indicators, automated trading support via Expert Advisors, and mobile trading apps
MetaTrader 5: Next-generation platform offering additional timeframes, advanced charting tools, and expanded asset coverage
WebTrader: Proprietary browser-based platform requiring no downloads, offering essential trading tools and real-time pricing
Mobile Trading: Native apps for iOS and Android devices providing full account management and trading capabilities

Deposit and Withdrawal

Credit/Debit Cards: Instant deposits via Visa and Mastercard with no processing fees
Bank Wire Transfer: Processing time 2-5 business days, may incur bank charges
E-wallets: Support for Skrill and Neteller with instant processing
Minimum deposit: $100 for Standard accounts
Withdrawals processed within 24 hours for e-wallets, 3-5 days for bank transfers
Account base currencies: USD, EUR, GBP

Customer Support

Customer Support Hours: 24/5 during market hours via email, phone and live chat
Languages Supported: English, German, Spanish, French, Italian, Arabic, Chinese, Russian
Average Response Times: Live chat under 5 minutes, email within 24 hours
Educational Resources: Trading guides, video tutorials, market analysis, webinars
Technical Support: Available for platform and trading issues during market hours

Frequently Asked Questions (FAQ)

Q: What are the minimum deposit requirements?
A: Standard accounts require a minimum deposit of $100 or equivalent in other base currencies (EUR, GBP). Raw Spread accounts require $500 minimum deposit. All deposits are processed instantly for credit cards and e-wallets, while bank transfers may take 2-5 business days.

Q: Is Standard a regulated broker?
A: Yes, Standard is regulated by the Cyprus Securities and Exchange Commission (CySEC) and complies with MiFID II regulations. Client funds are segregated in tier-1 banks and covered by the Investor Compensation Fund up to €20,000.

Q: What trading platforms are available?
A: Standard offers MetaTrader 4, MetaTrader 5, and a proprietary WebTrader platform. All platforms are available on desktop and mobile devices with full functionality for trading and account management.

Q: How long do withdrawals take to process?
A: E-wallet withdrawals are typically processed within 24 hours, credit card withdrawals take 3-5 business days, and bank wire transfers may take 5-7 business days. All withdrawal requests require account verification.