Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
ForexStart Pros & Cons
- low minimum deposit of $0.1;
- simple and quick registration system as opening an account takes only two minutes;
- permission to use automated trading software.
- difficulties in withdrawing funds;
- access to only 2 trading platforms;
- periodic lags of the trading platform;
- there are limited options for contacting technical support.
- company’s activities are not supervised by regulatory bodies;
- long waits for a response from tech support;
- the trading platform’s frequent bugs and lags make scalping nearly impossible.
TU Expert Verdict
ForexStart carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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ForexStart User Reviews
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5-star
0%
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4-star
14%
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3-star
29%
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2-star
29%
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1-star
29%
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5.3 /10To begin working with ForexStart, a trader must first create a user cabinet on the broker’s website. After registering, a trader can deposit funds into his real account or switch to a demo account. The registration process takes about 2 minutes and requires no additional verification or identification from the client.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology0 /10ForexStart received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria0 /10ForexStart offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total.
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Trading Account Opening
Score:broker-profile.blocks.account_opening.score-tooltip4.1 /10Review of the Personal Cabinet of ForexStart
To make your acquaintance with the ForexStart broker as comfortable as possible, take a closer look at the registration procedure and take a virtual tour of your user account. -
Customer Support
Score:We evaluated Customer Support at ForexStart by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria2 /10
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FAQs
What do ForexStart user reviews indicate about overall trader satisfaction?
User reviews for ForexStart show generally low satisfaction, with an overall score of 4.6 out of 10 based on 7 reviews. The rating distribution is skewed toward 1-, 2-, and 3-star evaluations, and according to user reviews the overall impression is mostly negative.
How are ForexStart’s deposit and withdrawal processes described in the review?
The review notes that ForexStart has a low score for the efficiency and convenience of its deposit and withdrawal processes, mainly due to limited payment options and accessibility. It also mentions fast processing times as an advantage, but specific supported methods and exact minimum deposit and withdrawal amounts are not specified in the section.
What feedback is available about ForexStart payment methods and currency options?
According to the review, ForexStart offers only a limited selection of payment methods and supports only major base currencies. Wise and bank cards are not supported, and the section does not list which specific methods are available or provide detailed transaction limits.
How does the review assess the markets and tradable assets available with this broker?
The review states that the broker offers a limited selection of trading assets compared to the market average and reports a total of 0 supported assets, despite mentioning multiple markets. It also highlights that crypto trading is not available and that there are no additional investment options such as bonds, ETFs, copy trading, PAMM investing, or managed accounts.
What do reviews and feedback say about ForexStart customer support responsiveness?
The customer support safety score for ForexStart is 2 out of 10, and the review describes support reliability as low, with responses that can be significantly delayed or incomplete. While 24-hour expert assistance is mentioned as an advantage, users are reported to face limited communication methods, mainly email and website feedback forms, and potentially slow issue resolution.
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You are not alone in your trouble. They are trying to block the account for everyone who withdraws a decent amount. And it's impossible to prove anything.