St. Mary Capital

Execution wasn’t perfect, but still acceptable. However, at some point they started manipulating the price so heavily that I couldn’t close my winning position, and my account with $864 on it got completely wiped out.

This firm doesn’t have any proper documents. I don’t know how other traders feel about that, but personally this really bothers me. I don’t want to deal with brokers that don’t have a license. I think that if St. Mary capital is offering its services on the market, its main goal should be to provide proper, licensed services. So people can actually trust them and rely on them. Otherwise you won’t see any real income from this cooperation, just risk – and a risk that can barely be called justified. I think it’s absolutely necessary to check a broker for every possible red flag. And this very platform, saintmarycptl.com, immediately fails that test.

If they’re willing to deceive clients and charge hidden fees, then in any other area of their services they can just as easily cross the line too!

Constant slippage here has already led to me losing all my investments in USD/JPY trading – a total of $560 – in just three trading sessions

I never had a single profitable trade with them, it was nonstop slippage and constant requotes!!!!!!!!! It’s impossible to work like this. I blew $1,420, then walked away and tried to forget this saintmarycptl.com platform like a bad nightmare!

This brokerage offers an inconvenient website where you have to register just to see the trading conditions and decide whether it’s even worth working with them. And even then the information on ST. MARY CAPITAL is far from transparent. Why are spreads and swaps shown as percentages? Why do they only list the lower bounds? Because it’s hard for a client to realize that a 1% spread is a huge amount, and that trading with a minimum deposit on saintmarycptl.com is totally unprofitable. This platform seriously loses to its European competitors and look‑alikes. For example, their trading platform is way worse than the popular MetaTrader. You can’t copy trades, you can’t use autotrading, you can’t save your own terminal settings and then load them later. A lot of stuff just isn’t available, and there’s no mobile app either. On top of that, the leverage here is no more than 1:30, or 1:300 with a very large amount – which is extremely inefficient for forex. The minimum deposit at ST. MARY CAPITAL is $250; with that amount and 1:30 leverage, you’ll earn almost nothing, or you’ll have to trade one position at a time because you won’t have enough margin. As for swaps, experienced traders say things are bad here too – on average they’re higher than at other brokers. Plus, other fees are completely unclear. So in terms of trading conditions, this intermediary is really not suitable if you want to actively trade forex or even crypto. I don’t know how things look on the stock side, whether it’s profitable to invest with them, but again, I see they charge very high percentage-based commissions and also set a minimum commission level below which it never falls. Small-account holders are going to suffer on saintmarycptl.com. Maybe this platform is only remotely suitable for those who have at least some serious capital to work with, starting from around 100K.