logo
English

Broker

Account

Safe

Review

Trade

Search

Star Forex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://m.starforex.org/RegistrationLevelPlan.aspx, about the company's legal and temporary regulatory information, the company's address 1 Ayias Zonis Street Nicolaou Pentadromos Centre Block B, Limassol 3026, Cyprus.

Star Forex Forex Broker

Basic information

Registered region
Cyprus
Operating period
--
Company Name
Star Forex
Abbreviation
Star Forex
Company employee
--
Company website
Company address
1 Ayias Zonis Street Nicolaou Pentadromos Centre Block B, Limassol 3026, Cyprus
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Overview of Star Forex

  Star Forex is an unlicensed brokerage firm registered in Cyprus. It specializes in forex spanading. And other investment choices, including metals, indices, energies, and stocks, are also available. However, there is no email or phone number on its website. That could be an inconvenience if you need help with your account. Additionally, regulatory hurdles and lack of transparency about trading fees are other significant drawbacks.

Pros and Cons

Pros Cons Plenty of investment choicesNo valid regulatory certificates Multiple investment plansLimited information available on the public website about trading fees User-friendly platform (MT5)Lack of transparency on customer service options

Is Star Forex Legit?

  Star Forex currently does not hold any valid regulatory certificates. Although it is incorporated in Cyprus, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

What Can I Trade on Star Forex?

  When you open a brokerage account with Star Forex, you've got plenty of options for investing. For example, you can diversify using forex, metals, indices, energies, and stocks.

  More investment choices are a good thing, since you can easily build a well-rounded portfolio. But if you're looking for cryptocurrency, future, or ETFs, you won't find them here. Overall, you still have a good mix of investment options.

Tradable Instruments Supported
Forex
Stocks
Metals
Indices
Energies
ETFs
Fixed-income
Bonds
Crypto

Investment Plans

  Like some other brokerages, Star Forex tiers their accounts into four investment packages: silver, gold, diamond, and platinum. But according to limited information on the website, we can not figure out what features or benefits each package could have.

Trading Platform

  MT5 (MetaTrader 5) is available with Star Forex. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides excellent tools for various price analysis, use of algorithmic trading applications and copy trading.

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, IOS and AndroidNovice and experienced investor
MT4
Proprietory Platform

The Bottom Line

  You can find a user-friendly online & mobile platform and a diverse range of investment options in Star Forex. However, its website lacks information on trading fees and customer support. And Lack of transparency is a huge barrier for beginning traders. Furthermore, Star Forex is not a trusted broker because it is not regulated by a financial authority with strict standards. Before choosing a brokerage, remember to consider risks and keep a close eye on fees.

FAQs

  Is Star Forex safe?

  Star Forex is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

  Is Star Forex good for beginners?

  Star Forex may be not a suitable platform of beginners bacause its website lacks customer support options.

  What trading platforms are available for Star Forex clients?

  Star Forex offers both online and mobile trading platforms (MT5).

Risk Warning

  Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

  

Rating Index

Similar Broker Info

EIBANK
EIBANK
1.36 Forex Broker
MAVTOPFXTRADE
MAVTOPFXTRADE
1.36 Forex Broker
Fake EnclaveFX
Fake EnclaveFX
1.36 Forex Broker
Sato4X
Sato4X
1.36 Forex Broker
Meta Option
Meta Option
1.36 Forex Broker
Euro Finance
Euro Finance
1.36 Forex Broker
Globaltopts
Globaltopts
1.36 Forex Broker
FOREX.com
FOREX.com
1.36 Forex Broker
Sun Fx Markets
Sun Fx Markets
1.36 Forex Broker
Capitalsinvest
Capitalsinvest
1.36 Forex Broker
FOREX.com
FOREX.com
1.35 Forex Broker
EquitiCapital Markets
EquitiCapital Markets
1.35 Forex Broker
Power Flow Currencies
Power Flow Currencies
1.35 Forex Broker
Smart Earners Option
Smart Earners Option
1.35 Forex Broker
IpgateTrade
IpgateTrade
1.35 Forex Broker
Trade Concept
Trade Concept
1.35 Forex Broker
Sort Global Market
Sort Global Market
1.35 Forex Broker
WiseCryptoCapital
WiseCryptoCapital
1.35 Forex Broker
SwissFX Bank
SwissFX Bank
1.35 Forex Broker
Desfxtrade
Desfxtrade
1.35 Forex Broker
Sharon Forex
Sharon Forex
1.35 Forex Broker
Trusted Binary LTD
Trusted Binary LTD
1.35 Forex Broker
Quocoin
Quocoin
1.35 Forex Broker
EliteFx Hub
EliteFx Hub
1.35 Forex Broker
365 FX MARKETS
365 FX MARKETS
1.35 Forex Broker

Similar Broker Accounts

EIBANK
EIBANK
1.36 Account
RISE FX
RISE FX
1.36 Account
Globaltopts
Globaltopts
1.36 Account
Alfa-Crypx
Alfa-Crypx
1.36 Account
FxLive Traders
FxLive Traders
1.36 Account
SwissFX Bank
SwissFX Bank
1.35 Account
TradeMarketFX
TradeMarketFX
1.35 Account
Trade Concept
Trade Concept
1.35 Account
Power Flow Currencies
365 FX MARKETS
365 FX MARKETS
1.35 Account

Similar Broker Safe

RoboMarkets
RoboMarkets
1.36 Safe
CM Globals
CM Globals
1.36 Safe
Phoenix
Phoenix
1.37 Safe
Vibes Forex
Vibes Forex
1.37 Safe
WHIZFX
WHIZFX
1.37 Safe
Trivepro
Trivepro
1.35 Safe
ESMOND
ESMOND
1.34 Safe
Breitling Prime
Breitling Prime
1.33 Safe

Similar Broker Review

Sun Fx Markets
Sun Fx Markets
1.36 Review
FinMaxwell
FinMaxwell
1.36 Review
Euro Finance
Euro Finance
1.36 Review
Sato4X
Sato4X
1.36 Review
MAVTOPFXTRADE
MAVTOPFXTRADE
1.36 Review
365 FX MARKETS
365 FX MARKETS
1.35 Review
AITrader
AITrader
1.35 Review
EliteFx Hub
EliteFx Hub
1.35 Review
SwissFX Bank
SwissFX Bank
1.35 Review

Similar Broker Trade

FTMO PipsPRO
FTMO PipsPRO
1.39 Trade
OctaFX
OctaFX
1.43 Trade
ThreeTrader
ThreeTrader
1.47 Trade
MRG
MRG
1.49 Trade
E-Global
E-Global
1.54 Trade
Headway
Headway
1.33 Trade
Star Forex Forex Broker has an overall rating of 1.36, Regulatory Index 0.00, License Index 0.00, Business Index 5.87, Software Index 4.00 Risk Control Index 0.00.