- Leverage: 1:30 | 1:500
- Regulation: SVG FSA, FSA
- Min. Deposit: $50
- HQ: UK, Hong Kong
- Platforms: MT4, MT5, Web Trader
- Found in: 2013
StarTrader Licenses:
- STARTRADER LLC – regulated by SVG FSA (Saint Vincent and the Grenadines) registration no 228 LLC 2019
- STARTRADER Ltd – authorized by FSA (Seychelles) license no SD049
- StarTrader is a Forex trading company that provides access to a variety of popular trading instruments, including Forex, CFDs, Commodities, Indices, Shares, and Metals.
- Currently, the broker is authorized and regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and the Financial Services Authority (FSA) in Seychelles. Previously, StarTrader was regulated by the top-tier Financial Conduct Authority (FCA) in the UK, but it has applied to cancel its authorization. Despite this, the company must still meet the FCA’s standards when dealing with its UK customers.
- In general, StarTrader offers competitive trading opportunities and access to popular market assets through the widely used MetaTrader platforms. However, it currently lacks a reputable license, so thorough research is advised before choosing StarTrader as your trading broker.
- Pros and cons of StarTrader: Pros:
- Competitive trading solutions.
- Low minimum deposit requirement.
- Access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
- Variety of funding methods.
- Good trading tools.
- Cons:
- Limited customer support availability.
- Limited number of financial instruments and markets.
- Lack of a top-tier license may raise concerns for some traders.