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FOREXSTAR

WikiFX | 2024-10-15 11:40

Abstract:FOREXSTAR, established in 2020 in Saint Vincent and the Grenadines, operates as an unregulated brokerage firm. Its minimum deposit starts at $250. However, the website's poor functionality, characterized by non-functional links and a missing download section for its trading platforms and fees.

FOREXSTAR Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsCurrencies, stocks, and commodities
Demo Account/
LeverageUp to 1:1000
Spread1.8 pips (Micro account)
Trading Platform/
Min Deposit$250
Customer Support24/7 support
Live chat, contact form
Phone: 44-12-3456789
Email: info@forexstar.trade
Address: Suite 305, Griffith Corporate center, KingstownSt. Vincent and the Grenadines

FOREXSTAR, established in 2020 in Saint Vincent and the Grenadines, operates as an unregulated brokerage firm. Its minimum deposit starts at $250. However, the website's poor functionality, characterized by non-functional links and a missing download section for its trading platforms and fees.

ForexStarts homepage

Pros and Cons

Pros Cons
Many tradable productsUnregulated
24/7 customer serviceUnstable website environment
Wide spreads

Is FOREXSTAR Legit?

FOREXSTAR is not regulated.Additionally, forexstar.trade was registered on October 24, 2020. Its status is currently clientTransferProhibited, which means that the domain cannot be transferred to another registrar without the owners permission.

Domain information

What Can I Trade on FOREXSTAR?

On the FOREXSTAR, you can trade various assets, including:

  • Forex Currency Pairs:

- Major Pairs: These include currencies such as the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), and British Pound (GBP). Common pairs include USD/EUR, USD/JPY, and GBP/USD.

- Cross Pairs: Pairs that do not involve the USD, such as EUR/JPY and GBP/CHF.

  • Stocks:

You can trade shares from various companies listed on major stock exchanges, including NYSE and NASDAQ.

  • Commodities:

- Hard Commodities: This includes natural resources like crude oil, gold, silver, and various metals.

- Soft Commodities: Agricultural products such as rice, wheat, and other staple crops.

What Can I Trade on FOREXSTAR?

Account Type

FOREXSTAR offers variable account types:

Account TypeMinimum DepositBase Currency OptionsMinimum Lot Size
Micro $250USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK0.01
Premium $1,000
VIP $10,000USD
Zero Fixed $500USD, EUR
Account comparison

Leverage

FOREXSTAR offers leverage from 1:500 to 1:1000 to their accounts. High leverage can make a larger profit, but can make a loss at the same time.

Account TypeLeverage
Micro Up to 1:1000
Premium
VIP
Zero Fixed Up to 1:500

FOREXSTAR Fees

FOREXSTAR offers different spreads for each account. In general, the spread starts from 0 pips. Besides, it also charges commission for the Zero Fixed account, but specific fees are not disclosed on their website.

Account TypeSpreadCommission
Micro 1.8❌
Premium 1.6❌
VIP 1.4❌
Zero Fixed 0.0✔

Deposit and Withdrawal

FOREXSTAR accepts VISA, MasterCard, SWIFT and bank transfer to deposit and withdraw.

Payment options
BrokerDealer

Related broker

No Regulation
FOREXSTAR
Company name:FOREXSTAR
Score
1.39
Website:http://forexstar.trade/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.39

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