Rating Index

Pros

Offers a wide range of trading instruments, including forex, commodities, stocks, indices, and cryptocurrencies.

Provides access to a proprietary trading app that is user-friendly and designed for mobile trading.

Claims to offer competitive leverage options, which can be attractive for traders looking to maximize their exposure.

Cons

Unregulated and operates in an offshore jurisdiction, raising concerns about the safety of funds and investor protection.

Lacks transparency regarding trading conditions, fees, and account specifications, which can lead to uncertainty for potential clients.

Has received mixed reviews from users, indicating potential issues with service delivery and customer satisfaction.

VSTAR broker Accounts

Vstar Account Type

Vstar offers two main types of trading accounts:

Standard STP Account:

Minimum Deposit: $100
Maximum Leverage: 1:500
Minimum FX Spread: From 1.5 pips
Contract Size: 100,000 (FX)
Trading Platform: PC and Android
Stop Out Level: 100%
Minimum Trade Size: 0.01
Maximum Trade Size (Single): 100
Maximum Position Limit (Per Trading Account): 200

ECN Account:

Minimum Deposit: $10,000
Maximum Leverage: 1:200
Minimum FX Spread: From 0.2 pips
Contract Size: 100,000 (FX)
Trading Platform: PC, Mac, iOS, and Android
Stop Out Level: 100%
Minimum Trade Size: 0.01
Maximum Trade Size (Single): 100
Maximum Position Limit (Per Trading Account): 200

Vstar is committed to providing tight spreads, fast execution, and complete customer support, ensuring an enhanced trading experience for all traders.

Vstar Broker Account Opening Process

Opening an account with Vstar involves a straightforward process:

Download the Vstar App: Available for both iOS and Android devices.
Register for an Account: Fill in the required information, including your name, email address, and any other personal details.
Verify Your Identity: Submit a form of identification (passport or driver's license) and possibly a recent utility bill or bank statement to confirm your address.
Fund Your Account: After your account is set up and verified, you will need to make a deposit to start trading. The minimum deposit for a Standard STP account is $100, while for an ECN account, it is $10,000.

This process can typically be completed within one business day, allowing you to access global financial markets quickly and easily.

Information sourced from: Vstar Account Types and Vstar FAQs.