SAMSTAR CAPITAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-09 17:49

Abstract：Established in 2022, SAMSTAR CAPITAL is an online forex broker registered in United Kingdom, which offers differnt assets such as forex, commodities, stocks, and indices for investors to trade with a high leverage up to 1:500 and a minimum deposit of $250. However, it does not hold any valid regulatory license. And popular trading platforms like MT4/MT5 are not accessible at SAMSTAR CAPITAL, for it only provides a proprietary website to its clients.

SAMSTAR CAPITAL	Basic Information
Registered Countries	United Kingdom
Regulation	No License
Minimum Deposit	$250
Maximum Leverage	1:500
Minimum Spread	N/A
Trading Platform	Proprietary Website
Trading Assets	Forex pairs, Commodities, Stocks, and Indices
Payment Methods	N/A
Customer Support	info@samstarcapital.com; +442080978741
Bonus Available	No
Demo Account	No

SAMSTAR CAPITAL Information

　　Established in 2022, SAMSTAR CAPITAL is an online forex broker registered in United Kingdom, which offers differnt assets such as forex, commodities, stocks, and indices for investors to trade with a high leverage up to 1:500 and a minimum deposit of $250. However, it does not hold any valid regulatory license. And popular trading platforms like MT4/MT5 are not accessible at SAMSTAR CAPITAL, for it only provides a proprietary website to its clients.

Pros and Cons

Pros	Cons
Flexibility for multiple versions of platform	Lack of regulation
Offers three account types	Limited information on spreads and withdrawal
High leverage up to 1:500	No access to MT4/MT5

Is SAMSTAR CAPITAL Legit?

　　SAMSTAR CAPITAL is not regulated by any regulatory authorities. The domain samstarcapital.com was registered on 21, December 2022. But currently, the owner of the domain has restricted it to transfer.

What Can I Trade on SAMSTAR CAPITAL?

　　SAMSTAR CAPITAL focuses on providing trading services for different financial instruments, such as Forex (EURUSD, USDJPY, GBPUSD, AUDUSD, EURCHF), Commodities, and Stocks Indices, which you can trade all through one single account.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stock	✔
Indices	✔
Cryptocurrency	❌
Shares	❌
Metals	❌

Account Type

　　SAMSTAR CAPITAL offers three types of accounts. It provides a Micro Account for beginners or investors with limited funds with a low deposit threshold of only $250. For investors with large amounts of money or who trade frequently, SAMSTAR CAPITAL offers a Premium Account for just $1000. It also has a PAMM Account aimed at fund managers, allowing them to manage investors' money and trade according to predetermined strategies. It does not offer demo accounts.

SAMSTAR CAPITAL Fees

　　SAMSTAR CAPITAL offers a competitive leverage of up to 500:1 in over 50 currency pairs and low spreads allowing for fast trading. However, the specific points of spread are not explicitly proposed.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Proprietary Website	✔	Windows, Andriod, macOS	Investors of all experience levels
MetaTrader 4/5	❌	Windows, Andriod, macOS	Investors of all experience levels

Deposit and Withdrawal

　　The platform offers two accounts, with minimum deposits of $250 and $1,000 respectively, which are relatively high overall. In addition, information on withdrawal and details such as specific fees and processing time are not provided.

Deposit Options	Min. Deposit	Fees	Processing Time
Micro Account	$250	N/A	N/A
Premium Account	$1,000	N/A	N/A

Customer Service

　　You can reach out to SAMSTAR CAPITAL mainlyby email at info@samstarcapital.com or by phone call at +442080978741.

Contact Options	Details
Phone	+442080978741
Email	info@samstarcapital.com
Support Ticket System	❌
Online Chat	❌
Social Media	❌
Supported Language	English
Website Language	English
Physical Address	66 Uxbridge Road Shepherds Bush London Greater London W12 8LPW 1 2 8 L P UNITED KINGDOM

The Bottom Line

　　SAMSTAR CAPITAL provides its clients with many instruments, high leverage up to 1:500, and three different account types for different levels of trading. However, no regulation and limited details of withdrawal fees are concerned, therefore, SAMSTAR CAPITAL will be most appropriate for experienced traders seeking for a high risk-reward ratio.