StarX Capital Markets Account Type

　　StarX Capital Markets primarily caters to institutional and accredited investors, providing a specialized trading environment for foreign exchange services. However, specific account types are not explicitly detailed in the available information. The broker focuses on offering a comprehensive range of market instruments, including currency pairs, FX spot, FX forward (including NDF), FX options, and FX swaps. Clients can benefit from tailored solutions that meet their specific needs in the commercial FX space.

StarX Capital Markets Broker Account Opening Process

　　To open an account with StarX Capital Markets, follow these steps:

• Eligibility Check: Ensure you meet the criteria for being an accredited investor or institutional investor as prescribed by the Monetary Authority of Singapore (MAS). For individuals, this includes:
• An income in the preceding twelve months of not less than SGD 300,000 (or its equivalent in foreign currency).
• Financial assets exceeding SGD 1 million (or its equivalent in foreign currency).
• Net personal assets exceeding SGD 2 million (or its equivalent in foreign currency).
• Holding a joint account with an accredited investor.

　　For entities, criteria include:

• Net assets exceeding SGD 10 million (or its equivalent in foreign currency).
• Entire share capital owned by one or more accredited investors.

• 　　Confirm Readiness: Confirm your eligibility and readiness to proceed with the account opening process.

• 　　Prepare Documents: Gather the necessary supporting documents for account opening as outlined in a checklist provided by StarX Capital Markets.

• 　　Contact for Assistance: If you require clarification or assistance, reach out to your relationship manager or contact StarX Capital Markets directly via phone at +65 6230 8588 or email at clientservices@starxcm.com.

• 　　Submit Documents: Submit the completed supporting documents and any additional information requested by StarX Capital Markets.

• 　　Await Confirmation: Wait for confirmation from StarX Capital Markets regarding the approval of your account opening request. Background checks and account openings can take up to 2 weeks after receiving the full set of required documents.