Starfinex Forex Broker

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.