Startrader Review: Pros & Cons | 2024 Update
This Startrader review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Startrader to give you the most comprehensive guide available.
Startrader is a reputable broker that was founded in 2011. They have around 113 staff that help the company offer forex, cryptocurrencies, commodities, indices, shares, metals, to 500,000 + clients through MT4, MT5 and Web Trader.
Startrader Guide – Read our In-Depth Startrader Review
Startrader Rating: 9.43 / 10
This Startrader review page contains information about investing with Startrader. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Startrader does not apply to users in United States of America,
This Startrader review contains the most recent information about Startrader.
If you're a new entrant in the realm of trading online and brokerages, so many details will no doubt be perplexing for you. Getting into the world of online trading demands expert analytical skills and comprehensive understanding. You will get adept at all of the concepts of online trading and brokerages as you keep trading. For starters, you need to select the ideal agent who'll always be clear with you.
In this fast-paced world of financial markets and trading, you'll need advice to make sensible decisions. A professional, direct investment online broker could help you in minimising any potential losses and maximising any returns. Startrader is just one such stage that can assist you. It's crucial that you learn about any broker before you trust them with your money.
When engaging in online trading with platforms such as Startrader, it's crucial to meticulously examine Startrader as your broker, as this choice can determine your success. Selecting the right broker is vital for your Startrader investments to prosper. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and comprehensive in your Startrader broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of Startrader, its track record, and reputation is vital. Moreover, ensure the Startrader broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, Startrader should be a supportive ally on your trading journey.
Our team has worked diligently to simplify the intricate world of trading with Startrader into easily understandable information in this Startrader review. Our goal is to equip you with the knowledge necessary to confidently use Startrader trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Startrader are the cornerstone of successful trading. As such, we've provided this detailed Startrader review. So, settle in, grab a cup of coffee, and immerse yourself in learning about Startrader and how it can benefit you, or if Startrader might not be the right fit for you.
Startrader Guide for 2024 – Quick Overview
| Startrader Telephone: | +86 4001 201725 |
| Startrader Support Email: | support@startrader.com |
| Startrader Address: | Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong |
| Year Founded: | 2011 |
| Regulated By: | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Hedquarters: | Hong Kong |
| Minimum Deposit: | $50 |
| Number Of Clients: | 500,000 + Startrader users and traders |
| Startrader TrustPilot: | https://uk.trustpilot.com/review/ivmarkets.com |
| Startrader LinkedIn: | https://www.linkedin.com/company/startrader-global/ |
| Startrader Facebook: | https://www.facebook.com/startraderglobal/ |
| Startrader Facebook Likes: | 39,513 |
| Startrader Twitter: | @STARTRADER_int |
| Startrader Twitter Followers: | 15 |
| Startrader Instagram: | |
| Startrader Instagram Followers: | 0 |
| Startrader Youtube: | https://www.youtube.com/channel/UCeKJSkiXNEzke1q7yyqGRyA |
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Trade Responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
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Our full Startrader review for beginners covers everything you will need to learn about trading via Startrader. A good agent can use your initial investments and help to protect it from losses but also give you a platform that can help to give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investment goals.
Of course, there's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you choose them. It's a common misconception that all agents are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
Startrader is a trading partner which has paved its way successfully into the brokerage world. In this review, we have attempted to collate some of the vital aspects of Startrader. This guide will help you to learn whether Startrader is a good fit for your investments or not. We've tried to breakdown all of the qualities and charges for your convenience.
Who are Startrader?
Startrader is a forex broker with its head office in Hong Kong and provides a range of instruments for online trading. Since its inception in 2011 they have emerged as a top-tier player in the industry of online trading. Startrader includes a highly aggressive and full-featured trading site that is focused on currency, indices, metals, shares, commodities.
Over the past 13 years, Startrader has become one of the best online brokers available to the public.
After being founded in 2011, their consumer base has increased to 500,000 + clients.
Startrader is the favourite of many stock dealers because of its negative balance protection. Our Startrader account review found that they're a professional solution for online trading options. They're most appropriate for investors who are searching for an assortment of assets. Social and easy to use trading options are the core at Startrader.
Technology plays a substantial role at Startrader. They offers trading on MT4, MT5 and Web Trader. Startrader is honest, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
Who Founded Startrader?
The founders of Startrader are Peter Karsten
The creators of Startrader are famous for their expertise in the world of internet trading. However, there are a lot of other key men and women at Startrader who have a significant impact on it's success.
The educational section at Startrader is very insightful for new dealers since it permits them to get a closer look in the financial markets. Startrader caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
Startrader Review Videos
Benefits of using Startrader in 2024
Trading with Startrader includes many benefits. These advantages are what sets Startrader ahead of all other online brokers. You should check all the advantages listed so you have a better comprehension of Startrader.
The agent goes to great lengths to comprehend what dealers want. As a result, the support, quick, and convenient. The agent also gives a number of platforms for all types of traders. Startrader helps to ensure that the individual needs of all traders are met to the best of their ability.
Startrader also includes excellent trading conditions that are available to all and not just an elite class of institutional clients. The tight spreads and quick executions are a great benefit for all traders. The technology embraced by Startrader is of the highest caliber, ensuring that it's fast, dependable, and efficient.
Startrader admits the importance of owning a quick order execution. A quick implementation enables users to exchange without fretting about slippage safely. It will also aid the dealers to catch any opportunities.
Copy trading is another major facet of Startrader. A new dealer can learn from industry experts utilizing the automatic copy trading alternative. This allows you to see well performing brokers and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Startrader offers social trading which encompasses leading traders sharing their knowledge with the community. Startrader's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading.
Startrader has over 170 trading instruments to support all kinds of traders. These instruments are lively and convenient for both new and seasoned traders. All dealers can set aside all their worries when trading with Startrader.
Startrader Overview
Year Founded: 2011
Regulated By: Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA)
Hedquarters: Hong Kong
Minimum Deposit: $50
Number Of Clients: 500,000 +
Trade Responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
If you feel that Startrader is not right for you then at the bottom of this Startrader review you will find a lot of alternatives to Startrader.
Everything you should know about trading using Startrader
Startrader is a dynamic platform that offers various techniques of trading. These tools cover the monetary markets substantially. The Majority of the broker platforms offer less methods than Startrader
If you wish to exchange with Startrader, you will need a minimum deposit of $50. This deposit is mandatory if you would like to begin trading with Startrader. This 2024 Startrader review will direct you safely about trading with them.
Startrader is as versatile as another broker platform. Startrader is great for traders that want a manageable variety of cheap services. The platforms offered by Startrader are third-party, white-label offerings. All traders may select from MT4, MT5 and Web Trader
Along with everything, Startrader has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade has to be kept available. The agents offer premium customer service that rewards customers with benefits.
Many unprofessional brokers try to pressurise consumers into bigger financing for superior services. Startrader, though, is more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater benefits will come along.
Startrader accounts are available all over the world and provides outstanding service wherever they have customers. There are a few countries where Startrader accounts are not available. Traders in the following countries cannot open or use a Startrader account:
United States of America,
Is Startrader Safe To Trade With In 2024?
Founded in 2011, Startrader has been open for 13 years, they are headquarted in Hong Kong
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA). These bodies have rules that mandate that trading platforms have steps in place to maintain investor's assets secured. This usually means that Startrader users don't need to worry about their money as it is segregated and safely stored in established banks. SSL encryption secures every user's private information as well.
You are able to make use of a choice for Two Factor Authentications (2FA) with Startrader for heightened security. An SMS for the verification code will be sent to your mobile phone. You'll be required to input this code to log in to your account.
Another concern with online brokers is in regards to safety might be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is more prevalent in the case of Market Maker agents who compete with customers on the stage.
Startrader Risk Disclaimer
All investments entail risks and may result in both profits and losses. In particular, trading leveraged derivative products such as Foreign Exchange (Forex) and Contracts for Difference (CFDs) carries a high level of risk to your capital.
All these derivative products, many of which are leveraged, may not be appropriate for all investors. The effect of leverage is that both gains and losses are magnified. The prices of leveraged derivative products may change to your disadvantage very quickly, it is possible for you to lose more than your invested capital and you may be required to make further payments.
It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with Startrader.
Before deciding to invest in any financial product, you should carefully consider your investment objectives, trading knowledge and experience and affordability. You should seek independent professional financial advice if you do not understand the risks involved.
You should only trade in Forex and CFDs if you have sufficient knowledge and experience of the risks involved in trading such products and if you are dealing with money that you can afford to lose.
Pro's & Con's Of Trading With Startrader
Every online trading platform has some pros and cons Startrader review would be complete without having a balanced approach. This Startrader review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Startrader Pro's
Startrader is highly rated by us.
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
Startrader has been trading for 13 years.
Startrader offers customer support over the phone.
Startrader provides customer support over email.
Startrader gives access to customer support over livechat.
Startrader offers negative balance protection.
Startrader has a low minimum deposit requirement.
Startrader doesn't charge inactivity fees.
You can trade Cryptocurrencies with Startrader.
Startrader has over 100 employees.
Startrader offers social trading.
Startrader offers copy trading.
Startrader allows scalping.
Startrader allows hedging.
Startrader allows commodity trading.
You can trade metals with Startrader.
You can trade energies with Startrader.
Startrader Con's
Startrader hasn't won any awards. Startrader doesn't offer guaranteed stop loss. Startrader charges withdrawal fees.Compare Brokers Similar To Startrader
Regulation And Licencing In More Detail
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
Startrader, as a company, has a strong collection of rules for ensuring fair trading on its platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. This includes credit history and other financial information.
Startrader Awards
At the time of writing this Startrader review, and despite Startrader’s impressive offering, the company has surprisingly not garnered any awards to date.Startrader Trading Platforms
Startrader are a reputable brokerage that has been operating for over 13 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any reputable online trading platform and compare Startrader against freetrade, and easyMarkets.
Startrader MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Startrader in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Startrader MetaTrader 4 is compatible with the latest macOS. Startrader allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Startrader
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Startrader MetaTrader 4 On iOS Devices
Unfortunately Startrader doesn't have an app in the Apple store. We hope that in the future a Startrader iOS app will be available and at that time we will update our Startrader review accordingly.
Trading With Startrader MetaTrader 4 On Android Devices
Unfortunately Startrader doesn't have an Android App. We hope that in the future a Startrader Android app will be available and at that time we will update our Startrader review accordingly.
Minimum Deposit Required
The minimum deposit you must deposit to get started on Startrader is $50. This is an adequate amount for people just starting out. It's possible to make more advanced residue as you cooperate. However, ensure that you know how to make the most of your money before investing larger sums.
Commission And Fees Explained
Startrader is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily affected by the amount of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three types of fees for this objective.
The first kind of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those that are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are billed for services like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, Startrader does not charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees billed by Startrader are comparatively greater. Consequently, you're charged more for non-trading actions in your trading account, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This Startrader review breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees Of Startrader
Startrader Withdrawal Fees Explained
Startrader charges a withdrawal fee if you create a bank transfer. Every time you move money into your bank account, these withdrawal fees become important.
Withdrawal of cash is possible at any moment from your Startrader account. It's possible to draw up sums to the amount of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't always have to have any money on your accounts.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent to the cardStartrader will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you're opting to draw in.
Startrader Inactivity Fees Explained
Startrader doesn't charge inactivity fees so you are free to use your account as needed
Even if no fees have been implied by Startrader, it is best for you to close the account if you're inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is subjected to a lot of circumstances and should be revealed clearly by the broker beforehand.
Startrader Deposit Fees Explained
When you move money in your trading account from the bank account, a deposit fee can be billed by the broker. Most agents don't charge an excessive amount of money for this operation.
Startrader doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Startrader trading platform is easy. You just need to complete a single-user profile questionnaire to begin depositing money into your trading account. You'll need to provide an identity proof and evidence of residency to deposit large amounts.
Compare Startrader Vs Other Broker Deposit Methods
What Can You Trade With Startrader in 2024?
Note: Startrader offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will be different based on the country of residence of the client.
Startrader has a wide variety of over 170 instruments available for you to trade with.
If trading currency pairs is of interest to you then Startrader offer over 39 currency pairs.
Compare Startrader, freetrade & easyMarkets below.
Startrader Trading App Review
Note: Startrader's mobile app has a lot of functionality and is being constantly developed. The table below was correct at the time of compiling this Startrader broker review.
Understand the capabilities of the mobile apps of Startrader, freetrade & easyMarkets below.
Trading Education Available At Startrader
Understand the trading resources available with Startrader, freetrade & easyMarkets below.
Startrader Customer Support
As part of this Startrader broker review we examined the customer service options including response times, and on the Startrader trading platform problem resolution effectiveness. Startrader supports a wide range of languages including English, Chinese
Startrader Live Chat Support
We tested the livechat experience with Startrader and it worked flawlessly. We have sent messages via Startrader livechat through their app and website and recieved a response within 20 seconds. On Occasion there was no response.
We tested communicating through Startrader support in multiple languages and in various countries. Startrader were successful in resolving client's concerns.
Startrader Phone Support
We made a call to Startrader and the call was answered extremely promptly. The call was answered within less than 5-10 minutes.
The Startrader phone support team were able to successfuly answer our questions and concerns over the phone. We tested the multi-lingual Startrader team by making calls in various languages. Startrader made an effort to make sure all of our questions were answered.
The overall support via phone from Startrader was okay.
Startrader Email Support
We sent several messages to Startrader and responses were generally very good. The fastest email response from Startrader was 4 hours and the longest response time was 3 days! Sometimes , there was no response. Response times to support may differ for you with Startrader, but this was our experience sending 10 emails at varying times.
The team solved and responded to our queries. Average email support from Startrader was excellent.
Alternatives To Startrader
If, after studying this Startrader review, they do not quite fulfill your requirements check out these Startrader alternatives.
We've scoured the web to find the best alternatives to Startrader. Click the links below to learn more.
Frequently Asked Questions
Can I try Startrader before I buy?
Absolutely! you can most definitely try Startrader before you buy. Startrader provides demo accounts for the ease of beginner traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up to get a demonstration account on Startrader, you will set out using a decent amount of virtual money. It's to establish a sense of security and confidence in you until you decide to spend your own money.
With this digital Startraderdemo account, you are able to experiment at all, to whatever period you wish. You might also start positions, examine different trading strategies, and much more.
Startrader shows on its official website that you are able to exchange real time stocks in a demo account.
Is Startrader safe?
It is possible to drop all your worries because we believe that Startrader is perfectly safe to use. It is in compliance with the rules of Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
Even so, Startrader does not have assured stop-loss protection.
Why does Startrader ask for my passport?
The reason that Startrader asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Startrader has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Startrader must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Startrader?
The process to start trading with Startrader is super simple. You need to begin by signing up on the Startrader website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Startrader are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Startrader is $50. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Startrader.
The best way to kickstart your trading career with Startrader is to open a demo account facility before risking any real money
What funding methods do Startrader accept?
There are a number of methods to fund your accounts with Startrader. The process is effortless and quick, with various payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must bear in mind that PayPal is not available in every country. The currencies Startrader accepts for deposit are USD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, even though it takes about 4-7 days.
Is my money safe with Startrader?
Yes, your cash is safe and secure with Startrader. As you already know, Startrader operates with good conformation to regulations. It has established plenty of steps to guard all of its own investors.
Startrader safeguards its customers' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, you can enable Two-Step Verification also. It takes an SMS affirmation for you to access your account.
Is Startrader trading good?
Yes, trading through Startrader is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you can even gain access to a huge selection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries do Startrader support?
Startrader operates across the world. However, due to regulations Startrader can't accept clients from United States of America,
Is Startrader legit?
Startrader is a legit company headquarted in Hong Kong since 2011. They are regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA). Startrader is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Startrader a good broker?
Startrader is an excellent broker, and its users may vouch for this. The highlight of this platform is its fast order execution on transactions.
You'll discover the clean design of the platform along with the admirable features that are pleasant to work with.
Is Startrader a trustworthy broker?
Yes, Startrader is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 500,000 + users registered with them can affirm to their trustworthy nature.
Click here to see the Startrader TrustPilot page
What is the minimum deposit for Startrader?
The minimum deposit to open a live account with Startrader is $50
How long do Startrader withdrawals take?
Normally, withdrawal of money from Startrader is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Startrader to show in your bank account and withdrawls are available in any of the following currencies.
USD
Is Startrader regulated?
Startrader are regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA)
Is Startrader a market leading broker?
Startrader is currently among the industry leaders. It supports over 500,000 + registered customers and over 13 years of expertise on its record. They are among the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide range of tools plus resources so you may put money into capital markets.
Is Startrader a con?
No, Startrader is not a con. They are regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) and must adhere to their rules. Thus, it is safe to say that Startrader is not a scam.
Can you make money with Startrader?
Using Startrader, several traders earn a great deal of money. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Trade Responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This can look to be a little number, but within the year, it quickly adds to a significant amount of gains. While Startrader provide you all of the tools to earn money, they cannot guarantee that you will profit.
Does Startrader have fees?
Yes. To begin trading with Startrader, you have to deposit $50. Certain commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.
When was Startrader founded?
Startrader was founded in 2011 in Hong Kong. Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
How many people use Startrader?
Startrader is a globally recognised agent with 500,000 + clients.
Where is the Startrader head office?
Startrader has its head office in Hong Kong
Does Startrader offer negative balance protection?
Yes, Startrader has Negative Balance Protection. It's especially offered while the industry volatility prevents clients from allowing their account go into the red. In such a scenario, Startrader provides the ability to reset a clients account balance to zero.
You can go through the important stipulations on Startrader's site to comprehend their policies.
Does Startrader offer guaranteed stop loss?
Startrader, unfortunately, does not provide guaranteed stop loss. Startrader provides a chance to its traders to close their trades in their specified price. Aside from that, Startrader doesn't offer guaranteed stop loss.
Does Startrader allow scalping?
Yes, Startrader does allow scalping. Many traders across the world select Startrader for their services that are trading. They offer trading on MT4, MT5 and Web Trader which allow this.
Does Startrader allow hedging?
Yes, Startrader does allow hedging.
Can you trade energies with Startrader?
Yes, you can trade energy stocks with Startrader
Can you trade agricultural shares with Startrader?
Yes, you can trade agricultural stocks with Startrader
Can you trade cryptocurrency with Startrader?
Yes, you can trade cryptocurrency with Startrader
Can you trade metals with Startrader?
Yes, you can trade metals with Startrader
Can you trade UK Shares with Startrader?
No, unfortunately you cannot trade UK shares with Startrader
Can you trade US Shares with Startrader?
No, unfortunately you cannot trade US shares with Startrader
Can you trade Japanese Shares with Startrader?
No, unfortunately you cannot trade Japanese shares with Startrader
Can you trade German Shares with Startrader?
No, unfortunately you cannot trade German shares with Startrader
Does Startrader accept bank transfers?
Yes, Startrader accepts bank transfers for depositing money.
Does Startrader accept credit cards?
Yes, Startrader accepts credit cards for depositing money.
Does Startrader accept PayPal?
No, Startrader does not accept PayPal.
Does Startrader accept Skrill?
Yes, Startrader accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 that provides a variety of payment options online and money transfer services.
Since its launch, Skrill has expanded to operate in over 120 countries, with its digital wallet that is available in more than 40 currencies. Customers can upload money to their Skrill wallet through a variety of payment options , including bank transfer, card, and several alternative payment methods. The funds can then be used to pay merchants or other Skrill customers, or converted into cryptocurrency.
Skrill also provides cross-border payment through its remittance service Skrill Money Transfer. It allows customers to send money to a bank account overseas with their bank card. It was in the year 2015 that Skrill has been acquired by Paysafe Group along with former competitors Neteller and the prepaid payment company paysafecard.
Skrill has several licenses enabling it to offer its services in Europe as well as globally. Skrill is operated via Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and is regulated by the Central Bank of Ireland, for its European regulated operations. Skrill's operations outside of the European Economic Area are operated by Skrill Limited - a company incorporated inside the United Kingdom and regulated by the Financial Conduct Authority.
Does Startrader accept Payoneer?
Yes, Startrader accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does Startrader accept Neteller?
Yes, Startrader accepts Neteller for depositing money.
Does Startrader offer Live Chat customer support?
Yes, Startrader offers customer support through live chat.
Does Startrader offer phone customer support?
Yes, Startrader offers customer support over the telephone.
Does Startrader offer email customer support?
Yes, Startrader offers customer support through email.
What languages can Startrader communicate in?
Startrader has the ability to communicate and support customers who speak: English, Chinese
Does Startrader have a wikipedia page?
No, Startrader does not have an official wikipedia page.
Does Startrader offer demo accounts?
Yes, Startrader offers virtual portfolio accounts so you can learn their systems before risking any real money. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
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