Startrader vs ETFinance, Who's Better?
Read our In-Depth Startrader vs ETFinance Review - for 2024
This review comparing Startrader and ETFinance has been refreshed for 2024 from seasoned professionals with considerable expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Startrader vs ETFinance does not apply to all countries as follows:
Startrader Excluded Countries
United States of America,
ETFinance Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Startrader vs ETFinance
All platforms for online trading will have some pros and cons, so a complete Startrader and ETFinance review would not be complete without embracing a fair assessment.
Examine Startrader and ETFinance in order to understand the way they line up against each before you decide to make an account. A comparative analysis helps to put things in perspective to ensure that you're cognizant of what you should anticipate.
So you are looking for an online trading platform and are choosing between Startrader or ETFinance. Who should you choose?
This Startrader vs ETFinance comparison contains the most recent information so you can easily compare ETFinance against Startrader.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will get adept at all of the concepts of broker as you keep trading. For starters, you need to choose the ideal broker who will be transparent with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. Startrader and ETFinance are two such companies that will take you along with your investment to great heights. It is crucial to compare Startrader vs ETFinance until you trust them with your cash.
Our Startrader vs ETFinance comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Startrader and ETFinance side by side.
Our entire Startrader vs ETFinance Review covers everything you will need to learn about trading using either Startrader or ETFinance. A fantastic broker can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you choose them. It is a frequent misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
Startrader and ETFinance are both brokers which have paved their way successfully to the broker world. Within this review, we have tried to collate some of the important aspects of both Startrader and ETFinance. This review will help you to know whether either ETFinance or Startrader is a fantastic match for your own investments or not. We have attempted to breakdown all the features and charges for your advantage.
Benefits of Startrader and ETFinance Compared
Startrader has a minimum deposit of $50 while ETFinance offers a $215 minimum deposit.
Why smaller minimum deposits are good and how Startrader and ETFinance compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Startrader has around 170 financial instruments whilst ETFinance allows you to trade around 170 on their platform.
The more financial instruments you can trade on the Startrader and ETFinance platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Startrader or ETFinance.
Startrader and ETFinance Contact Details
Being able to contact an online trading platform through many ways is important. Startrader and ETFinance have the following contact details and social medias that you can use.
Broker | Startrader | ETFinance |
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Telephone Number | +86 4001 201725 | +8 006 003 7004 |
support@startrader.com | support@etfinance.eu | |
Address | Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong | |
Startrader Twitter Account | ETFinance Twitter Account | |
Startrader Facebook Page | ETFinance Facebook Page | |
Startrader Instagram Account | ETFinance Instagram Account | |
Startrader LinkedIn Page | ETFinance LinkedIn Page | |
YouTube | Startrader YouTube Channel | ETFinance YouTube Channel |
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ETFinance and Startrader Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Startrader and ETFinance we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Startrader vs ETFinance - Awards
Broker | Startrader | ETFinance |
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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. |
ETFinance have won many industry awards over the years they have been operating as a financial broker. We list the most notable awards for ETFinance below.
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Startrader vs ETFinance - Frequently Asked Questions
Startrader vs ETFinance - Headquarters And Year Of Founding
Startrader was founded in 2011 and has its headquaters in Hong Kong.
ETFinance was founded in 2018 and has its head office in Cyprus.
What is the minimum deposit for ETFinance or Startrader
The minimum deposit for Startrader is $50.
The minimum deposit for ETFinance is $215.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Startrader and ETFinance are a good option.
Startrader vs ETFinance - 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).
ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Startrader and ETFinance have a powerful collection of rules for ensuring honest trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Startrader vs ETFinance Commission And Fees
Startrader and ETFinance are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. That is, an internet broker isn't necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you're spending a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight rates are people who are charged when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither Startrader or ETFinance charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often exchange, for example weekly or daily trading.
But, non-trading fees billed by Startrader and ETFinance are comparatively lower. As a result, you're billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't about the sale and purchase of assets.
This Startrader vs ETFinance review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Startrader And ETFinance
What Languages Do Startrader And ETFinance Support?
Being able to communicate completely with your trading platform is a key way of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading online.
Here you can find the languages that both Startrader and ETFinance support.
How Many Clients Do Startrader and ETFinance Have?
Both Startrader and ETFinance are well established with their client base. It is important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients Startrader and ETFinance are active on their platform
What Payment Methods Do Startrader and ETFinance Accept?
Startrader and ETFinance both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Startrader and ETFinance
What Can You Trade With Startrader and ETFinance?
Startrader offers 170 trading instruments and ETFinance offers 150.
Below you will find a full breakdown of what both Startrader and ETFinance offer.
Startrader Review
Startrader vs ETFinance:
Table Of Contents
- Compare Startrader vs ETFinance
- Benefits of Startrader and ETFinance Compared
- ETFinance and Startrader Mobile App Comparison
- Startrader vs ETFinance - Awards
- Startrader vs ETFinance - Frequently Asked Questions
- What is the minimum deposit for ETFinance or Startrader
- Startrader vs ETFinance - Regulation And Licencing In More Detail
- Compare Broker Fees For Startrader And ETFinance
- What Languages Do Startrader And ETFinance Support?
- How Many Clients Do Startrader and ETFinance Have?
- What Payment Methods Do Startrader and ETFinance Accept?
- What Can You Trade With Startrader and ETFinance?