Startrader vs Phoenix Markets, Updated for 2025
Read our In-Depth Startrader vs Phoenix Markets Review - Updated for 2025
This review comparing Startrader and Phoenix Markets has been refreshed for 2025 by knowledgeable insiders with significant expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Startrader vs Phoenix Markets does not apply to all countries as follows:
Startrader Excluded Countries
United States of America,
Phoenix Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and United Kingdom.
Compare Startrader vs Phoenix Markets
Every online trading platforms will have a few pros and cons, so any comprehensive analysis of Startrader vs Phoenix Markets cannnot be regarded as thorough without having a balanced approach.
Assess Phoenix Markets and Startrader to get a better understanding of the way they line up against one another prior to you open an account. Performing a side-by-side comparison helps to bring aspects into perspective in order that you remain cognizant of the expectations.
So you are looking for an online trading platform and are choosing between Startrader or Phoenix Markets. Who is better in 2025?
Our Startrader vs Phoenix Markets comparison contains the latest information so you can easily compare Phoenix Markets against Startrader.
If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll get proficient at all the concepts of broker since you continue trading. For starters, you need to choose the right agent who will be clear with you always.
In 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 Phoenix Markets are just two such trading platforms which will take you and your investment into great heights. It's crucial to compare Startrader vs Phoenix Markets before you trust them with your money.
Our Startrader vs Phoenix Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Startrader and Phoenix Markets side by side.
Our entire Startrader vs Phoenix Markets Review covers everything you need to know about trading using either Startrader or Phoenix Markets. A fantastic agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your broker before you select them. It is a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
Startrader and Phoenix Markets are both brokers that have forged their way successfully to the broker world. In this review, we've tried to collate some of the important aspects of both Startrader and Phoenix Markets. This review will help you to understand whether either Phoenix Markets or Startrader is a good fit for your investments or not. We have attempted to breakdown all the features and fees for your convenience.
Benefits of Startrader and Phoenix Markets Compared
Startrader offers a minimum deposit of $50 while Phoenix Markets has a $500 minimum deposit.
Why smaller minimum deposits are good and how Startrader and Phoenix Markets 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 allows you to trade around 170 financial instruments whilst Phoenix Markets allows you to trade around 170 financial instruments on their platform.
The more financial instruments you can trade on the Startrader and Phoenix Markets 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 seriously do not want to miss out on a trading opportunity due to the limitations of Startrader or Phoenix Markets.
Startrader and Phoenix Markets Contact Details
Being able to contact a broker simply is important. Startrader and Phoenix Markets have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | Startrader | Phoenix Markets |
Telephone Number | +86 4001 201725 | +44 203 514 2059 |
support@startrader.com | support@phoenixmarkets.com | |
Address | Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong | |
Startrader Twitter Account | Phoenix Markets Twitter Account | |
Startrader Facebook Page | Phoenix Markets Facebook Page | |
Startrader Instagram Account | Phoenix Markets Instagram Account | |
Startrader LinkedIn Page | Phoenix Markets LinkedIn Page | |
YouTube | Startrader YouTube Channel | Phoenix Markets YouTube Channel |
Find Out More |
|
|
Phoenix Markets 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 Phoenix Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Startrader vs Phoenix Markets - Awards
Startrader vs Phoenix Markets - Frequently Asked Questions
Startrader vs Phoenix Markets - Headquarters And Year Of Founding
Startrader was founded in 2011 and has its headquaters in Hong Kong.
Phoenix Markets was founded in 2013 and has its head office in Cyprus.
What is the minimum deposit for Phoenix Markets or Startrader
The minimum deposit for Startrader is $50.
The minimum deposit for Phoenix Markets is $500.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Startrader and Phoenix Markets are a good choice.
Startrader vs Phoenix Markets - 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).
Phoenix Markets is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Startrader and Phoenix Markets have a powerful collection of rules for ensuring honest trading on their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Startrader vs Phoenix Markets Commission And Fees
Startrader and Phoenix Markets are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the amount of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 types of fees for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In such instances, you are spending a spread, financing rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those who are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake in your account. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither Startrader or Phoenix Markets charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by Startrader and Phoenix Markets are relatively greater. Consequently, you are charged more for non-trading actions in your trading account, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This Startrader vs Phoenix Markets review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Startrader And Phoenix Markets
What Languages Do Startrader And Phoenix Markets Support?
Being able to chat easily with your trading platform is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find the languages that both Startrader and Phoenix Markets support.
How Many Clients Do Startrader and Phoenix Markets Have?
Both Startrader and Phoenix Markets are well established with their client base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers Startrader and Phoenix Markets are working with
What Payment Methods Do Startrader and Phoenix Markets Accept?
Startrader and Phoenix Markets 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 Phoenix Markets
What Can You Trade With Startrader and Phoenix Markets?
Startrader offers 170 trading instruments while Phoenix Markets offers 97.
Below you will find a full breakdown of what both Startrader and Phoenix Markets offer.
Startrader Review
Startrader vs Phoenix Markets:
Table Of Contents
- Compare Startrader vs Phoenix Markets
- Benefits of Startrader and Phoenix Markets Compared
- Phoenix Markets and Startrader Mobile App Comparison
- Startrader vs Phoenix Markets - Awards
- Startrader vs Phoenix Markets - Frequently Asked Questions
- What is the minimum deposit for Phoenix Markets or Startrader
- Startrader vs Phoenix Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Startrader And Phoenix Markets
- What Languages Do Startrader And Phoenix Markets Support?
- How Many Clients Do Startrader and Phoenix Markets Have?
- What Payment Methods Do Startrader and Phoenix Markets Accept?
- What Can You Trade With Startrader and Phoenix Markets?