Star Net FX Forex Broker

Star Net FX Review SummaryFounded2018Registered Country/RegionMauritius & UAERegulationNo regulationMarket InstrumentsForex, Commodities, CFDs, Indices, Stocks, CryptosDemo Account✅Islamic Account✅LeverageUp to 1:400EUR/USD SpreadFrom 0.8 pips Trading PlatformMT4, MT5, Web Platform, Mobile AppMinimum Deposit$200Customer SupportPhone: +442035751151Email: support@starnetfx.comStar Net FX Information Star Net FX was founded in 2018 and is registered in Mauritius and the UAE. It offers a wide range of trading instruments including forex, commodities, indices, stocks, and crypto, with leverage up to 1:400. While it provides popular platforms like MT4 and MT5 and offers demo and Islamic accounts, it is not regulated by major authorities.Pros and ConsPros Cons Wide range of trading instrumentsNo regulationSupports MT4 and MT5Limited transparency on company backgroundOffers demo and Islamic accountsHigh minimum depositNo deposit/withdrawal feesIs Star Net FX Legit? Star Net FX is not a legitimate broker. It is registered in Mauritius and the UAE but does not hold a valid regulatory license from the FSC (Mauritius), DFSA (Dubai), or any other local authority. Major global regulators like the FCA (UK), ASIC (Australia), and NFA (USA) also do not license it. The domain starnetfx.com was registered on May 28, 2018, and will expire on May 28, 2028. It is currently in a locked status that prevents deletion, renewal, transfer, or updates.What Can I Trade on Star Net FX? Star Net FX offers trading in currency pairs, commodities, indices, stocks, crypto pairs, and CFDs.Tradable Instruments Supported Forex✔CFDs✔Commodities✔Indices✔Stocks✔Cryptos✔Bonds✖Options✖ETFs✖Account Type Star Net FX offers three types of live accounts: Micro, Mini, and Standard. Additionally, it provides demo accounts for risk-free practice and Islamic accounts for traders following Sharia law.Account TypeMinimum DepositMaximum LeverageSpreadSuitable forMicro$2001:400From 2 pipsBeginners, small tradersMini$1,0001:200From 1.5 pipsIntermediate tradersStandard$5,0001:100From 1.2 pipsExperienced tradersIslamic Account///Traders needing Sharia-compliant accountsDemo AccountFree//Practice, strategy testingLeverage Star Net FX offers maximum leverage up to 1:400 (Micro account), 1:200 (Mini account), and 1:100 (Standard account). Note that high leverage can amplify not only profits but also losses. Star Net FX Fees Star Net FXs fees are about average compared to industry standards, not the cheapest, but also not the most expensive.SymbolMT4MT5Minimum SpreadTypical SpreadMinimum SpreadTypical SpreadEUR/USD0.80.90.80.9GBP/USD0.810.81USD/JPY0.91.10.91.1USD/CHF11.311.3AUD/USD11.211.2NZD/USD0.61.60.61.6 Swap Rates Star Net FX offers Islamic accounts specifically designed for traders who follow Sharia law, featuring no interest and no swap fees. These accounts allow clients to hold overnight positions without paying or earning interest, ensuring compliance with Islamic finance principles. Non-Trading FeesNon-Trading Fees AmountDeposit Fee 0Withdrawal Fee 0Inactivity Fee Not mentionedTrading PlatformTrading PlatformSupported Available Devices Suitable for MT4 (MetaTrader 4)✔Desktop, Android, iOS, Web, TerminalBeginnersMT5 (MetaTrader 5)✔Desktop, Android, iOS, Web, TerminalExperienced tradersWeb Platform✔Browser (PC, Mac, Mobile)/Mobile App (Star Net FX)✔Android, iOS /Deposit and Withdrawal Star Net FX does not charge any deposit or withdrawal fees. The minimum deposit amount is $200.Payment MethodsMinimum AmountFeesProcessing TimeMastercard50 EUR0InstantIndian Net Banking1,500 INR1–5 minutesTether TRC-2050 USDT3–30 minutesTether ERC-20India Cash500,000 INR1–3 hoursBitcoin0.00037 BTC3–30 minutesNeteller50 EURInstantPhonePe1,500 INRLitecoin0.3 LTC3–30 minutesEthereum0.02 ETHDogecoin230 DOGEUPI1,500 INRInstant