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Rating Index
Pros
Offers trading in over 50 currency pairs and various CFDs, providing a diverse range of trading opportunities.
Provides demo accounts for practice trading, allowing new traders to familiarize themselves with the platform without financial risk.
Supports multiple trading platforms, including the popular MT4, catering to different trader preferences.
Cons
Regulatory license has been revoked, indicating that the broker operates outside of the regulatory framework, which poses potential risks for clients.
Limited information available regarding specific fees, spreads, and withdrawal processes, leading to uncertainties for traders.
Mixed reviews from users, with some labeling it as a scam and others reporting issues such as slow customer support and high spreads.
Starfish FX broker Accounts
Starfish FX Account Type
Starfish FX offers three types of trading accounts:
- Classic Account: Requires a minimum deposit of $2,000. This account type provides access to various trading instruments but does not allow micro lot trading.
- Pro Account: Available for clients who deposit at least $10,000. This account features tighter spreads, specifically 2.0 pips for the EUR/USD pair.
- VIP Account: Specific details about this account type are not provided, but it typically offers enhanced trading conditions for high-volume traders.
- Visit the Website: Navigate to the Starfish FX official website.
- Choose Account Type: Select the account type that suits your trading needs (Classic, Pro, or VIP).
- Complete the Application: Fill out the online application form with your personal information, including your name, email, and phone number.
- Deposit Funds: After your application is approved, you will need to fund your account. The minimum deposit is $2,000 for the Classic Account.
- Start Trading: Once your account is funded, you can begin trading on the MT4 platform.
All accounts utilize the MetaTrader 4 (MT4) platform, which is favored by many traders for its user-friendly interface and advanced trading tools.
Starfish FX Broker Account Opening Process
To open an account with Starfish FX, follow these steps:
For more detailed information, you can visit the following sources:
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