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North Star Trades Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-24 18:25

Abstract:North Star Trades is an unregulated broker, offering trading on precious metals, indices, energy commodities, stocks, ETFs and crypto coins with leverage up to 1:400 and spread from 1 pip on the MT4 trading platform. The minimum deposit requirement is €250.

  Note: North Star Trades' official website: https://northstartrades.com/ is currently inaccessible normally.

North Star TradesReview Summary
Founded2022
Registered Country/RegionChina
RegulationNo regulation
Market InstrumentsPrecious metals, indices, energy commodities, stocks, ETFs, crypto coins
Demo Account/
Leverage1:400
EUR/USD Spread3 pips (Basic account)
Trading PlatformMT4
Min Deposit€250
Customer SupportEmail: support@northstartrades.com

North Star Trades Information

  North Star Trades is an unregulated broker, offering trading on precious metals, indices, energy commodities, stocks, ETFs and crypto coins with leverage up to 1:400 and spread from 1 pip on the MT4 trading platform. The minimum deposit requirement is €250.

Pros and Cons

Pros Cons
Various trading productsNo regulation
MT4 platformUnavailable website
High minimum deposit requirement
Wide spreads

Is North Star Trades Legit?

  No. It is registered in China in 2022. It has no valid regulations currently.

Domain information

What Can I Trade on North Star Trades?

Tradable Instruments Supported
Precious metals✔
Indices✔
Energy commodities✔
Stocks✔
ETFs✔
Crypto coins✔
Forex❌

Account Type

  Here are three account types North Star Trades offers:

Account TypeMin Deposit
Bronze (Silver)€250
Gold/
Platinum/

Leverage

  The leverage is capped at 1:400 on North Star Trades.

North Star Trades Spreads

Account TypeSpread
Bronze (Silver)3 pips
Gold2 pips
Platinum1 pip

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

  Withdrawals are processed within 5 working days. No minimum withdrawal amount defined and no fees specified.

Related broker

No Regulation
North Star Trades
Company name:North Star Trades
Score
1.49
Website:https://northstartrades.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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