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 reveal about overall client satisfaction levels?
ForexStart has a user satisfaction score of 4.6 out of 10 based on 7 reviews, with no 5-star ratings and a relatively high share of 1- and 2-star evaluations. According to user reviews, overall sentiment is mostly negative, indicating that many clients report dissatisfaction with their experience.
How are ForexStart deposit and withdrawal conditions described in the review?
The review states 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. While processing times are described as fast, the lack of bank card support, absence of Wise, and restricted flexibility may lead to higher costs for users.
What do reviews and comments say about ForexStart’s payment methods and transaction limits?
The section notes that ForexStart offers only a limited selection of deposit and withdrawal methods, but it does not specify which exact methods are available. Minimum deposit and withdrawal amounts are also not provided in the review, and users are directed to contact ForexStart’s support team for precise figures.
How does the review characterize the range of markets and tradable assets available?
The review indicates that ForexStart offers a limited selection of trading assets and reports a total of 0 supported assets, despite mentioning multiple markets. It also specifies that bonds and cryptocurrency trading are not available, and no additional investment products such as ETFs, copy trading, PAMM investing, or managed accounts are listed for this broker.
What does user feedback suggest about ForexStart customer support quality and accessibility?
ForexStart’s customer support is described as having a low reliability score of 2 out of 10, with reports of slow responses and assistance that may be incomplete. The broker offers 24-hour support via email and website feedback forms, but limited communication methods and lack of promptness are highlighted as drawbacks.
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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.