ForexStart Review 2021

ForexStart Review 2021

March 2021
Analysis of the Main Features of the Forex Broker

3.51

Overall rating

3.3

/10

Execution of orders

3.72

/10

Investment instruments

3.36

/10

Withdrawal speed

3.66

/10

Customer Support work

3.14

/10

Variety of instruments

3.88

/10

Trading platform

123

Position
in rating

123

Position in rating

3.51/10
Overall rating

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of ForexStart Trading Company

“ForexStart” is the company that represents “Digital Dealing” Corp. in Russia. This broker offers a wide range of services on the world’s financial markets. The company’s traders are given an opportunity to perform day and night online Forex trading via popular MT 4 platform.

Attention!

We work exclusively with the accounts opened through Traders Union.

ForexStart Latest Comments 2021

0
2
2

Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of ForexStart published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

There are many challenges at ForexStart. Withdrawal of funds may take several days. Sometimes a situation may arise in your personal account when the bullet is written that the request has been executed. But the money still remains in the trading account. The problem is then solved, but all this is very strange.

I have only negative impressions about the ForexStart broker. They had a deposit bonus promotion. I deposited $ 100 and got a 500% bonus. For such an amount, you could get a good profit. But ForexStart was not allowed to withdraw my profit according to the company's regulations. True, I was able to withdraw my money. Be careful when working with ForexStart.

Although ForexStart has been at Forex for a long time, I would not recommend cooperating with it. For trading, they offer the Mobius Trader 7 platform. This is the worst platform I have come across. It is inconvenient to contact technical support, there is no online chat. And ForexStart employees hardly answer questions via e-mail.

I participated in the ForexStart investment program. There are several levels. But the conditions for executing the program are practically unrealistic. For example, at stage 4, you need to earn 50% of the profit from $ 20,000. In this case, the maximum drawdown cannot exceed 2.5%. Plus you trade with Mobius Trader 7. This is a very problematic platform.

Analysis of the Main Features of the Forex Broker

3.51

Overall rating

3.3

/10

Execution of orders

3.72

/10

Investment instruments

3.36

/10

Withdrawal speed

3.66

/10

Customer Support work

3.14

/10

Variety of instruments

3.88

/10

Trading platform

Dynamics of the Popularity of ForexStart
in 2020 among the Users of the Traders Union

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Geographic Distribution of ForexStart Traders

Trading Conditions for ForexStart Users

Trading platform: MetaTrader4, Web, Mobile Platforms
Accounts: Real, Demo
Account currency: USD
Replenishment / Withdrawal: Bitcoin, Qiwi, Yandex.Money, Litecoin, Visa/MasterCard, WebMoney, StableCoins, Bitcoins Cash, Skrill, UnionPay. Tether
Minimum deposit: 1 cent
Leverage: 1:500
PAMM-accounts: No
Min Order: 0,01
Spread: from 2 pips
Instruments: Forex, Crypto, Metals, CFD's, CFD Stocks
Margin call/Stop Out: 15%/15%, 80/60%
Liquidity provider: No
Mobile trading: Mobile Platforms
Affiliate program: Yes
Orders execution: Instant Execution, Market Execution
Trading features: No
Contests and bonuses: YES

Comparison of ForexStart with other Brokers

ForexStart FxPro XM Group Admiral Markets UK AvaTrade FXTM
Trading
platform
MT4, MT5, MobileTrading, WebTrader MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option MT4, MT5, MobileTrading, WebTrader
Min deposit $0.1 $100 $5 $200 $100 $1
Leverage From 1:20
to 1:500
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
From 1:1
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points From 0 points
Level of margin call
/ stop out
15%  /  15% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10% 40%  /  20%
Execution of orders Instant Execution, Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution Market Execution, Instant Execution
No deposit bonus No No $30 No No No
Cent accounts Yes No Yes No Yes Yes

Broker comparison table of trading instruments

ForexStart FxPro XM Group Admiral Markets UK AvaTrade FXTM
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes No
Crypto Yes Yes No Yes Yes Yes
CFD No Yes Yes Yes Yes Yes
indexes No Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF No No No Yes No No
Options No No No No No No

Contacts

Registration address New York, NY 10038, USA, 160-180 Water St, off 3416
Contacts

Tags:

fxstart fxstart com www fxstart com

The Oldest Reviews of the ForexStart

The reviews by customers of the ForexStart indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of ForexStart published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

I participated in the ForexStart investment program. There are several levels. But the conditions for executing the program are practically unrealistic. For example, at stage 4, you need to earn 50% of the profit from $ 20,000. In this case, the maximum drawdown cannot exceed 2.5%. Plus you trade with Mobius Trader 7. This is a very problematic platform.

Although ForexStart has been at Forex for a long time, I would not recommend cooperating with it. For trading, they offer the Mobius Trader 7 platform. This is the worst platform I have come across. It is inconvenient to contact technical support, there is no online chat. And ForexStart employees hardly answer questions via e-mail.

I have only negative impressions about the ForexStart broker. They had a deposit bonus promotion. I deposited $ 100 and got a 500% bonus. For such an amount, you could get a good profit. But ForexStart was not allowed to withdraw my profit according to the company's regulations. True, I was able to withdraw my money. Be careful when working with ForexStart.

There are many challenges at ForexStart. Withdrawal of funds may take several days. Sometimes a situation may arise in your personal account when the bullet is written that the request has been executed. But the money still remains in the trading account. The problem is then solved, but all this is very strange.

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FAQs

Do reviews by traders influence the ForexStart rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about ForexStart you need to go to the broker's profile.

How to leave a review about ForexStart on the Traders Union website?

To leave a review about ForexStart, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about ForexStart on a non-Traders Union client?

Anyone can leave feedback about ForexStart on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with ForexStart through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.