Start Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://startcapital.io/registration/, about the company's legal and temporary regulatory information, the company's address Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960.
Start Capital is a forex brokerage firm that was founded in 2021. Headquartered in the United Kingdom, it operates as a private entity, focusing primarily on retail forex trading and offering services to individual traders, as well as institutional clients. The company has developed a reputation in the forex market, although it operates in a regulatory gray area due to the lack of formal oversight.
Since its inception, Start Capital has aimed to provide a diverse range of trading options, catering to a wide array of financial needs. The firm offers various account types, allowing traders to choose according to their experience levels and investment capacities. A significant milestone in the company's journey was the establishment of its online trading platform and mobile application, which have been crucial in attracting a broader clientele.
Start Capital operates under a business model that emphasizes retail forex trading, but it also provides services for institutional clients. This dual approach allows the broker to tap into multiple market segments, enhancing its overall reach and service offerings.
Start Capital operates without formal regulation, which raises significant concerns regarding investor protection. There is no valid regulatory information available, and the company has been flagged for its suspicious regulatory license. Currently, the regulatory index stands at 0.00, indicating a lack of oversight.
The absence of a governing body means that Start Capital does not have a regulatory license number, and the scope of its business activities remains ambiguous. This lack of regulation can pose risks to investors, as there are no guarantees of fund safety or operational transparency.
The company does not participate in any investor compensation schemes, further highlighting the potential risks involved in trading with Start Capital. Additionally, the broker implements KYC (Know Your Customer) and AML (Anti-Money Laundering) policies to comply with basic financial regulations, but the effectiveness of these measures remains uncertain.
Start Capital offers a wide variety of trading products, including a substantial number of forex currency pairs. Traders can access both major and minor currency pairs, providing ample opportunities for trading strategies. The firm also offers Contracts for Difference (CFDs) on various asset classes, including:
The frequency of product updates and the introduction of new trading instruments are not explicitly detailed, indicating that traders should stay informed through the broker's official channels.
Start Capital supports the MetaTrader 4 trading platform, which is widely recognized for its user-friendly interface and robust trading features. Additionally, the broker offers its proprietary online trading platform, which includes various tools for market analysis and trade execution.
The trading platform is accessible via web browsers and includes a mobile application compatible with both iOS and Android devices. This versatility allows traders to manage their accounts and execute trades on the go.
The broker employs a hybrid execution model, combining both A-book and B-book trading strategies. This approach can cater to different trading preferences and strategies. The server infrastructure is designed to ensure stable and efficient trading experiences, although specific details regarding server locations and technological frameworks are not disclosed.
API access and automated trading capabilities are supported, enabling algorithmic traders to integrate their systems with Start Capital's platform.
Start Capital offers a range of account types designed to accommodate different trading needs:
Leverage ratios vary across account types, with options available for higher leverage, making it crucial for traders to understand the risks associated with leveraged trading. The minimum trading lot size and overnight fees are not explicitly outlined, which may require further inquiry with customer support.
Start Capital supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, starting from $250 for the starter account.
Deposit processing times are generally quick, although specific timelines are not provided. The broker does not specify any deposit fees, which may be an advantage for traders looking to minimize costs.
Withdrawal methods mirror the deposit options, but there may be restrictions on certain payment methods. Withdrawal processing times are not detailed, indicating that traders should verify these details directly with the broker. Fee structures for withdrawals are also not clearly outlined, necessitating further clarification from Start Capital.
Start Capital provides customer support through various channels, including phone, email, and online chat. The support team is available during standard business hours, although specific time zone coverage is not mentioned.
The company offers multilingual support, making it accessible to a diverse clientele. Educational resources include webinars, tutorials, and eBooks, aimed at enhancing traders' knowledge and skills. Market analysis services are also available, providing daily insights, news updates, and research reports to assist traders in making informed decisions.
Additionally, trading tools such as calculators and economic calendars are provided to help traders manage their activities effectively.
Start Capital primarily serves clients in the United Kingdom and other regions, although specific details regarding its operational territories are not fully disclosed. The company has a presence in various countries, but it is essential to note that it does not accept clients from certain jurisdictions, including those with strict regulatory frameworks.
Furthermore, the broker may have special restrictions based on local laws and regulations, which can affect the availability of its services to potential clients in specific regions.
In conclusion, while Start Capital offers a range of trading products and services, the lack of regulation raises significant concerns for potential investors. Traders should conduct thorough due diligence and consider their risk tolerance before engaging with the Start Capital broker.
FX9954416922
Kenya
This broker is fake. They took $1000 from me for trading and never returned me my money. The platform is worst and people in this platform are cyber criminals. The platform is for scamming and not for trading at all eventually!
Exposure
02-18