Home -
Star Net FX -

Score

1.55 /10
Danger

Star Net FX

United Arab Emirates

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://starnetfx.com

Influence

C

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.28

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

STAR NET Limited

Company Abbreviation

Star Net FX

Platform registered country and region

United Arab Emirates

Company website

Facebook

Instagram

Linkedin

WhatsApp

  • +442035751151

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-07-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Star Net FX · Company summary
Star Net FX Review Summary
Founded2018
Registered Country/RegionMauritius & UAE
RegulationNo regulation
Market InstrumentsForex, Commodities, CFDs, Indices, Stocks, Cryptos
Demo Account✅
Islamic Account✅
LeverageUp to 1:400
EUR/USD SpreadFrom 0.8 pips
Trading PlatformMT4, MT5, Web Platform, Mobile App
Minimum Deposit$200
Customer SupportPhone: +442035751151
Email: support@starnetfx.com

Star Net FX Information

Star Net FX was founded in 2018 and is registered in Mauritius and the UAE. It offers a wide range of trading instruments including forex, commodities, indices, stocks, and crypto, with leverage up to 1:400. While it provides popular platforms like MT4 and MT5 and offers demo and Islamic accounts, it is not regulated by major authorities.

Star Net FX's homepage

Pros and Cons

Pros Cons
Wide range of trading instrumentsNo regulation
Supports MT4 and MT5Limited transparency on company background
Offers demo and Islamic accountsHigh minimum deposit
No deposit/withdrawal fees

Is Star Net FX Legit?

Star Net FX is not a legitimate broker. It is registered in Mauritius and the UAE but does not hold a valid regulatory license from the FSC (Mauritius), DFSA (Dubai), or any other local authority. Major global regulators like the FCA (UK), ASIC (Australia), and NFA (USA) also do not license it.

No license

The domain starnetfx.com was registered on May 28, 2018, and will expire on May 28, 2028. It is currently in a locked status that prevents deletion, renewal, transfer, or updates.

Domain information

What Can I Trade on Star Net FX?

Star Net FX offers trading in currency pairs, commodities, indices, stocks, crypto pairs, and CFDs.

Tradable Instruments Supported
Forex✔
CFDs✔
Commodities✔
Indices✔
Stocks✔
Cryptos✔
Bonds✖
Options✖
ETFs✖
What Can I Trade on Star Net FX?

Account Type

Star Net FX offers three types of live accounts: Micro, Mini, and Standard. Additionally, it provides demo accounts for risk-free practice and Islamic accounts for traders following Sharia law.

Account TypeMinimum DepositMaximum LeverageSpreadSuitable for
Micro$2001:400From 2 pipsBeginners, small traders
Mini$1,0001:200From 1.5 pipsIntermediate traders
Standard$5,0001:100From 1.2 pipsExperienced traders
Islamic Account///Traders needing Sharia-compliant accounts
Demo AccountFree//Practice, strategy testing
Account comparison

Leverage

Star Net FX offers maximum leverage up to 1:400 (Micro account), 1:200 (Mini account), and 1:100 (Standard account). Note that high leverage can amplify not only profits but also losses.

Star Net FX Fees

Star Net FXs fees are about average compared to industry standards, not the cheapest, but also not the most expensive.

SymbolMT4MT5
Minimum SpreadTypical SpreadMinimum SpreadTypical Spread
EUR/USD0.80.90.80.9
GBP/USD0.810.81
USD/JPY0.91.10.91.1
USD/CHF11.311.3
AUD/USD11.211.2
NZD/USD0.61.60.61.6
Star Net FX spreads

Swap Rates

Star Net FX offers Islamic accounts specifically designed for traders who follow Sharia law, featuring no interest and no swap fees. These accounts allow clients to hold overnight positions without paying or earning interest, ensuring compliance with Islamic finance principles.

Swap Rates

Non-Trading Fees

Non-Trading Fees Amount
Deposit Fee 0
Withdrawal Fee 0
Inactivity Fee Not mentioned

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4 (MetaTrader 4)✔Desktop, Android, iOS, Web, TerminalBeginners
MT5 (MetaTrader 5)✔Desktop, Android, iOS, Web, TerminalExperienced traders
Web Platform✔Browser (PC, Mac, Mobile)/
Mobile App (Star Net FX)✔Android, iOS /
MT5 platform

Deposit and Withdrawal

Star Net FX does not charge any deposit or withdrawal fees. The minimum deposit amount is $200.

Payment MethodsMinimum AmountFeesProcessing Time
Mastercard50 EUR0Instant
Indian Net Banking1,500 INR1–5 minutes
Tether TRC-2050 USDT3–30 minutes
Tether ERC-20
India Cash500,000 INR1–3 hours
Bitcoin0.00037 BTC3–30 minutes
Neteller50 EURInstant
PhonePe1,500 INR
Litecoin0.3 LTC3–30 minutes
Ethereum0.02 ETH
Dogecoin230 DOGE
UPI1,500 INRInstant
Deposit and Withdrawal

User Reviews

More

User comment

4

Comments

Write a review

FX1529047863
more than one year
Star Net FX, regulated by CySEC, offers a wide range of tradable assets and competitive spreads. The availability of a demo account is another advantage. However, they're fairly new with a limited proven record. The leverage of 1:30 is lower than some competitors, and their customer support is not available 24/7. Additionally, their educational resources could be improved.
Star Net FX, regulated by CySEC, offers a wide range of tradable assets and competitive spreads. The availability of a demo account is another advantage. However, they're fairly new with a limited proven record. The leverage of 1:30 is lower than some competitors, and their customer support is not available 24/7. Additionally, their educational resources could be improved.
Translate to English
2023-12-13 15:31
Reply
0
0
-ＹoｕMe•
more than one year
I was stopped by its high minimum deposit required by a Micro account, which legit brokers typically ask for less than $50 for this kind of account... All right, I’d better go to find another legit broker. 😀
I was stopped by its high minimum deposit required by a Micro account, which legit brokers typically ask for less than $50 for this kind of account... All right, I’d better go to find another legit broker. 😀
Translate to English
2023-02-16 10:15
Reply
0
0