Overview
Startrader was built not long ago at the start of the year 2019 as an international online broker and this is very evident in its aim of providing global market consumers with the latest possible means of trading. Despite its status as a relatively new player in the field, Startrader has been able to establish itself through competitive pricing and reliable services.
- Founded
- 2019
Strengths and watchouts
- Competitive spreads
- Multiple deposit and withdrawal options
- Reliable customer support
- VPS reimbursement
- Limited research content
- No phone support
- No compensation scheme
Safety and regulation
StarTrader is dealing with the Financial Services Authority (FSA) of Seychelles to acclimate itself to this regulation. Traders' investments are kept in distinct accounts at Tier-1 banking institutions, with the additional benefit of negative balance protection, ensuring their losses do not surpass more than what they have deposited.
- FSA
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Shares
- Indices
- Commodities
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| STP | $0 | 1.0 | 1:1 to 1:500 |
| ECN | $0 | 0.0 | 1:1 to 1:500 |
Fees and costs
Commission-less trading on Standard accounts starts at 1.0 pips and an ECN starts from 0.0 pips on raw spreads with very low commission USD 4 per lot. Overnight rates are charged to positions that are taken overnight, while a definite rate is disclosed for all bank accounts—and there is absolutely no such swap for Islamic accounts. As part of default policy, an inactive fee is applicable on non-utilized accounts for longer periods on STARTRADER policies.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
Is the broker regulated?
What are the trading platforms on which a person can trade?
So, how much should a minimum deposit be made?
What kinds of account types can be found at the brokerage?
What fees and commissions are charged?
What is the maximum leverage you can access?
Does this company have demo accounts?
If I need help, how do I talk to customer support?
Reader reviews
neil atkinson
Feb 9, 2025
This service appears to be part of a larger deceptive operation. They initially promote themselves on Facebook under the name Oracle, which is now shifting to Lyon-Bot, and they have a presence on Telegram as well. However, their primary strategy involves using fraudulent profiles and fabricating profit claims. Once you've made a deposit, the so-called personalized support becomes unresponsive.
Louis Rowe
Feb 9, 2025
I appreciate the overall feel of the platform. The website's design is appealing, with all the essential information for traders presented in a straightforward manner. While this clarity is valuable, it's not the sole factor to consider when selecting a broker. Startrader stands out as a reliable and regulated option. Their trading conditions align well with industry norms. I've had a positive experience using this platform for my trading activities.
Tomas Jansen
Feb 8, 2025
I appreciate the atmosphere of this platform, which initially drew me to investigate its trading features and terms further. After conducting thorough research and spending a month trading here, I've gathered some insights: - The platform is quite adaptable. - It offers social trading options. - There's a significant emphasis on MetaTrader apps, which I find beneficial. - The account options are straightforward, with Standard and ECN accounts available, simplifying the choice for users. - The variety of payment methods is robust, with all essential options covered. In summary, Startrader meets all my criteria and is definitely worth recommending.
Showing 1–3 of 10 reviews