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Starfinex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.starfinex.com/register/, about the company's legal and temporary regulatory information, the company's address 9th floor, Kham Thien Building,195 Kham Thien, Dong Da, HaNoi.

Starfinex Forex Broker

Basic Information

Registered Region
Vietnam
Operating Period
--
Company Name
Star Financials Limited
Abbreviation
Starfinex
Company employee
--
Customer Service Email Address
support@starfinex.com
Company Website
Company address
9th floor, Kham Thien Building,195 Kham Thien, Dong Da, HaNoi
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Starfinex's official website: https://starfinex.com is currently inaccessible normally.StarfinexReview SummaryFounded/Registered Country/RegionVietnamRegulationUnregulatedMarket InstrumentsCurrency pairs and CFDs on stocks, indices, spot metals and energy commoditiesDemo Account/LeverageUp to 1:500SpreadFloating around 2 pips (Standard account)Trading PlatformMT4/5Min Deposit$5Customer SupportEmail: support@starfinex.comAddress: 9th floor, Kham Thien Building,195 Kham Thien, Dong Da, HaNoi Starfinex is a forex and CFD broker registered in Vietnam, offering various currency pairs and CFDs on stocks, indices, spot metals and energy commodities trading through the MT4 and MT5 platforms. However, Starfinex operates without regulatory oversight from any reputable financial body.Pros and ConsProsConsDiverse trading choicesUnregulated statusVariety of account typesInaccessible websiteMicro accounts offeredWide spreadsCommission-free for most account typesOnly email supportMT4 and MT5 supportedPopular payment optionsLow minimum deposit/withdrawalNo fees for deposits and withdrawalsIs Starfinex Legit? No, Starfinex is not regulated currently. Please be aware of the risk!What Can I Trade on Starfinex? Starfinex offers 62currency pairs and 15 CFDs on stocks, indices, spot metals and energy commodities. Currency pairs: South African Rand, Turkish Lira, Singapore Dollar, Swedish Krona, Russian Rubble, Polish Zloty, Norwegian Krone, Mexican Peso, Hungarian Forint, Honk Kong Dollar, Danish Krone, Czech Krona and Chinese Yuan.Tradable Instruments Supported Currency pairs✔CFDs✔Spot metals✔Energy commodities✔Indices✔Stocks✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type Starfinex offers six live account types, including Micro, Standard, Premium, ECN Pro, PAMM and Star VIP account.Account TypeMin DepositMicro$5Standard$50Premium$100ECN Pro$100PAMM$1 000Star VIP$10 000 Additionally, Starfinex offers a swap-free, Islamic account, where no interest is incurred on positions left open overnight.Leverage Starfinex offers different maximun leverage for different account types, as follows:Account TypeMax LeverageMicro1:500Standard1:400Premium1:300ECN Pro1:200PAMM1:200Star VIP1:200Spread and Commission Starfinex offers different spreads for different accounts, without a commission on the trade. For the ECN Pro Account, however, Starfinex takes a commission of 6 USD per traded lot.Account TypeSpreadCommissionMicro3 pips, floating❌Standard2 pips, floating❌Premium1.6 pips, floating❌ECN ProRaw6 USD per traded lotPAMM1 pip, floating❌Star VIPRaw❌Trading Platform Starfinex provides traders with three trading platforms to choose from, MT4, MT5, and web-based trading platforms.Trading PlatformSupported Available Devices Suitable for MT4✔/BeginnersMT5✔/Experienced tradersWeb-based✔Web/Deposit and Withdrawal Clients of Starfinex can deposit or withdraw via Visa, Mastercard, Maestro, wire transfer, Bitcoin, Skrill and Neteller. There are nowithdrawal processing fees of any kind, and the minimum withdrawal amount of just $5 is pretty negligible.

Rating Index

ECN PRO

Minimum Deposit
$500

STAR VIP

Minimum Deposit
$1000

  

FDX Capital Broker - Complete Information Guide

  

1. Overview of the Broker

  FDX Capital is a financial services provider that entered the market in December 2019. The company operates under the domain fdx-capital.com and is headquartered in Kuala Lumpur, Malaysia. FDX Capital is a privately held entity that aims to offer a range of investment management services primarily focused on foreign exchange (forex) trading.

  Since its inception, FDX Capital has positioned itself as a broker catering to both retail and institutional clients, providing access to various trading instruments. The company claims to have a team of experienced fund managers, although specific details about these individuals remain undisclosed.

  The broker's business model encompasses retail forex trading, allowing clients to engage in currency trading with competitive leverage and low minimum investment requirements. FDX Capital has made significant strides in its short history, establishing a presence in the online trading community, although it faces scrutiny regarding its regulatory compliance and operational transparency.

  The first mention of "FDX Capital broker" appears as part of its growing reputation in the forex market, attracting clients seeking to explore trading opportunities.

  

2. Regulatory and Compliance Information

  FDX Capital operates in a highly regulated financial environment, yet it has faced criticism for lacking proper regulatory oversight. The broker is not registered with major regulatory bodies such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). This raises concerns regarding the safety of client funds and the legitimacy of its operations.

  The absence of a valid regulatory license means that FDX Capital does not have the same level of investor protection that regulated brokers offer. Furthermore, the company's policies on client funds segregation and participation in investor compensation schemes remain unclear.

  FDX Capital claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, although the effectiveness of these measures has been questioned due to the lack of transparency in its operations. The broker's compliance with international financial regulations is essential for building trust with potential clients, yet it remains a point of contention.

  The second mention of "FDX Capital broker" highlights the importance of regulatory compliance in the financial services industry and the potential risks associated with unregulated trading platforms.

  

3. Trading Products and Services

  FDX Capital offers a variety of trading products primarily focused on forex. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs, catering to the diverse needs of its clients. In addition to forex trading, FDX Capital also offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

  The broker's product offerings are designed to appeal to both novice and experienced traders, with the promise of competitive spreads and flexible trading conditions. However, the specifics regarding the number of available forex pairs and the types of CFDs offered are not explicitly detailed on its website.

  FDX Capital's commitment to expanding its product range is evident, as it frequently updates its offerings to include new trading instruments. This adaptability is crucial in a rapidly changing market, allowing traders to diversify their portfolios effectively.

  The third mention of "FDX Capital broker" serves to emphasize its focus on providing a wide range of trading products to meet the demands of its clients.

  

4. Trading Platforms and Technology

  FDX Capital supports the widely recognized MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and robust trading tools. The broker also offers a proprietary trading platform, although specific details regarding its features and functionalities are limited.

  In addition to desktop trading, FDX Capital provides a web-based trading platform, enabling clients to access their accounts from any device with an internet connection. Mobile trading applications for both iOS and Android devices are available, facilitating trading on the go.

  The broker operates on an ECN (Electronic Communication Network) model, which allows for direct market access and potentially lower spreads. The technology infrastructure supporting FDX Capital includes high-speed servers located in strategic locations to ensure optimal execution speeds.

  API access for automated trading is also supported, allowing clients to implement algorithmic trading strategies effectively. This technological capability positions FDX Capital as a competitive player in the online trading space.

  The fourth mention of "FDX Capital broker" highlights its technological offerings and commitment to providing a seamless trading experience for its clients.

  

5. Account Types and Trading Conditions

  FDX Capital offers various account types to cater to different trading preferences and experience levels. The standard account requires a minimum deposit of $20, with competitive spreads and no commission fees.

  For more experienced traders, FDX Capital provides advanced account options, including VIP and professional accounts, which offer enhanced trading conditions and additional features. Islamic accounts are also available for clients who require Sharia-compliant trading options.

  The broker's leverage ratios reach up to 1:200, allowing traders to control larger positions with a smaller capital outlay. The minimum trade size is set at 0.01 lots, providing flexibility for traders with varying risk appetites.

  FDX Capital's overnight fees policy is transparent, with clear guidelines on swap rates applicable to positions held overnight. This clarity is essential for traders to manage their costs effectively.

  The fifth mention of "FDX Capital broker" underscores its diverse account offerings and favorable trading conditions designed to attract a broad range of clients.

  

6. Fund Management

  FDX Capital supports multiple deposit methods, including bank transfers, credit cards, and popular e-wallets. The minimum deposit requirements vary by account type, with the standard account starting at $20.

  Deposits are typically processed quickly, although specific processing times are not disclosed. Clients are advised to check with customer support for the most accurate information regarding deposit timelines.

  Withdrawal methods include the same options as deposits, but there may be restrictions based on the chosen method. Withdrawal processing times can vary, with some methods being faster than others. FDX Capital does not charge withdrawal fees, but clients should be aware of potential fees from their payment providers.

  The sixth mention of "FDX Capital broker" emphasizes its commitment to providing a range of funding options and transparent policies regarding deposits and withdrawals.

  

7. Customer Support and Educational Resources

  FDX Capital offers customer support through various channels, including phone, email, and live chat. The support team is available during business hours, although specific time zone coverage is not detailed on the website.

  The broker provides multilingual support, catering to clients from different regions. This inclusivity enhances the overall customer experience, ensuring that clients can communicate effectively with support staff.

  In terms of educational resources, FDX Capital offers webinars, tutorials, and e-books designed to help traders enhance their skills and knowledge. Market analysis services, including daily updates and research reports, are also available to assist clients in making informed trading decisions.

  Trading tools such as calculators and economic calendars are provided to facilitate effective trading strategies.

  The seventh mention of "FDX Capital broker" highlights the importance of customer support and educational initiatives in fostering a positive trading environment.

  

8. Regional Coverage and Restrictions

  FDX Capital serves clients primarily in Asia, with a notable presence in Malaysia and surrounding regions. The broker has established regional offices to cater to its client base effectively.

  However, FDX Capital does not accept clients from certain countries, including the United States and other jurisdictions with stringent regulatory requirements. This limitation may affect potential clients seeking to engage with the broker.

  The broker's operational strategy includes adapting to regional market demands, ensuring compliance with local regulations while providing a seamless trading experience.

  The eighth mention of "FDX Capital broker" reinforces its regional focus and the significance of understanding local market dynamics in the financial services industry.

  In summary, FDX Capital broker presents itself as a viable option for traders seeking a diverse range of forex and CFD products. However, potential clients should exercise caution due to regulatory concerns and the importance of conducting thorough research before engaging with any financial services provider.

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Latest Reviews

小寒

小寒

United States

this forex company registered in Starfinex is quite attractive from some aspects, such as low initial deposit and demo account, but the more important thing is the regulation, which Starfinex does not possess.

37130

2023-02-20

Eddie 艾迪.芬曼

Eddie 艾迪.芬曼

Ecuador

The forex market can be said to be the largest and freest market in the world, which also makes many scammers sniff trading opportunities. Traders, please do not trade with companies that do not have regulatory licenses, otherwise it will be difficult to recover the money you have been scammed!

37130

2022-11-30

FX4292128735

FX4292128735

India

Starfinex broker not process my withdraw and also my IB client fund withdraw

Exposure

2021-07-06

Starfinex Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.37, Software Index 4.00 Risk Control Index 0.00.