STARTRADER Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-10 17:51

Abstract：STARTRADER is a forex broker that offers trading services for 200+ financial instruments, including forex currency pairs, commodities such as gold and oil, indices such as the S&P 500, and more. The broker offers two different types of trading accounts, that is Standard and ECN accounts, each with its own unique features and benefits, a minimum deposit of $50 is required to start trading on the platform.

STARTRADER Review Summary
Founded	1997
Registered Country/Region	Seychelles
Regulation	ASIC, FSA, FSCA
Market Instruments	Forex (50+), shares (70+), indices, metals, and commodities
Account Type	STP Account, ECN Account
Demo Account	✔
Leverage	Up to 1:500
Spread	Start from 0.0 pips
Minimum trading set	0.01 lots
Trading Platform	MT4, MT5, Web Trader, STARTRADER APP
Payment Method	Visa/Mastercard, E-Wallet, International Bank Wire Transfer
Customer Support	Phone: +61 2 9925 4396
	Email: info@startrader.com
	Physical Address: Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, Mauritius

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	✔	✔