STARTRADER Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.startrader.com/live-account/?ls=wikifx_liveacc, the company's legitimate regulatory information AustraliaASICMarket Making(MM),South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
STARTRADER Forex Broker
Basic information
Seychelles
10-15 years Regulated in Australia Regulated in South Africa Market Making(MM) Financial Service Corporate MT4 Full License MT5 Full License Global BusinessCompany profile
STARTRADER Information
STARTRADER, founded in 1997, is a brokerage registered in Seychelles. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.
Pros and Cons
| Pros | Cons |
| Regulated | No commission information |
| Wide range of trading instruments | No clear information on the minimum deposit for each accounts |
| Generous leverage up to 1:500 | Limited account types offered |
| MT4 and MT5 supported | No Islamic account |
| Copy trading available | |
| Demo account available |
Is STARTRADER Legit?
STARTRADER is regulated by ASIC, FSA and FSCA. Its current status is regulated.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Australia | ASIC | STARTRADER PRIME GLOBAL PTY LTD | Market Making(MM) | 421210 | Regulated |
| Seychelles | FSA | STARTRADER LIMITED | Retail Forex License | SD049 | Offoreshore Regulated |
| South Africa | FSCA | STARTRADER INTERNATIONAL PTY LTD | Financial Service | 52464 | Regulated |
What Can I Trade on STARTRADER?
STARTRADER offers traders more than 1000 types of instruments - more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Futures | ❌ |
| Options | ❌ |
Account Types
STARTRADER offers 2 different types of accounts to traders - Standard Account, ECN Account.
| Account Type | Standard Account | ECN Account |
| Spreads | As low as 1.0 pips | As low as 0.0 pips |
| Commission | No | Yes |
| Minimum Volume per Trade | 0.01 lots | 0.01 lots |
| Account Currency Type | AUD, CAD, EUR, GBP, USD, NZD | AUD, CAD, EUR, GBP, USD, NZD |
| Payment Methods | Visa/Mastercard, E-Wallet, International Bank Wire Transfer | Visa/Mastercard, E-Wallet, International Bank Wire Transfer |
| Demo Account | ✔ | ✔ |
Trading Platform
STARTRADER's trading platforms are MT4, MT5, Web Trader, STARTRADER APP, which support traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices |
| MT4 Margin WebTrader | ✔ | Web, Mobile |
| MT5 | ✔ | Web, Mobile |
| Web Trader | ✔ | Web |
| STARTRADER APP | ✔ | Mobile |
Deposit and Withdrawal
The broker supports Visa, Mastercard, E-Wallet, Bank Wire, China Union Pay, Dragonpay, Help2Pay, Payment Asia and tether.
Copy Trading
STARTRADER's copytrading offers an opportunity to follow good traders and monitor the markets.