Your capital is at risk.
Interstellar FX Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $50
- MT4
- CySEC
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $50
- MT4
- CySEC
Our Evaluation of Interstellar FX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Interstellar FX is a broker with higher-than-average risk and the TU Overall Score of 3.51 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Interstellar FX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Interstellar FX, in most trading aspects, doesn't stand out significantly among its competitors. It's a globally recognized platform, stable, reliable, and regulated, offering a demo and a single-user account with tight spreads and no trading fee. The withdrawal fee is moderate, comparable to other top brokers. There's only one trading platform, but the leverage is sufficient for a significant increase in profit potential. Its main downside is the absence of passive income options.
Brief Look at Interstellar FX
Interstellar FX is a CFD broker that offers clients the opportunity to open a demo account for free. When registering a user account, the minimum deposit is $50. Trading is conducted via the MetaTrader 4 platform, which is easily customizable through plugins. The broker's asset pool comprises over a hundred assets from various groups: currency pairs, indices, precious metals, and energy resources. The leverage is flexible, ranging from 1:1 to 1:500. Spreads start from 0.1 pips, and there is no trading fee. Deposits and withdrawals can be made using Visa and Mastercard credit cards, as well as bank transfers through the SEPAGA system (a cross-border payment tool). The broker charges a fee for withdrawals. Interstellar FX offers education tailored for beginners, providing numerous tools for technical and fundamental analyses. However, passive income options are unavailable, and partnership terms are discussed individually.
- Instant access to a free demo account for exploring the broker's functions and experimenting with trading strategies without risk;
- Simplified account selection with a single account offering a low entry barrier and versatile trading parameters;
- Transparent operations with all fees and expenses disclosed upfront, avoiding hidden charges or surprises;
- Clients have the freedom to employ various trading strategies and methods, including scalping, hedging, and using advisors;
- Flexible leverage enhances profit potential even with de minimis capital, allowing traders to select leverage based on their risk tolerance;
- MetaTrader 4, a user-friendly and customizable trading platform, is considered among the best solutions in the market;
- The company's technical support, available through major communication channels, receives positive user reviews, including via call centers and email.
- Being a CFD broker means all instruments in its pool are represented by contracts for price differences;
- While clients can earn through active trading, there are no options for passive income, such as PAMM accounts or copy trading;
- Regional restrictions prevent residents of certain countries, including Canada, Belgium, France, Iran, and others, from becoming clients.
TU Expert Advice
Financial expert and analyst at Traders Union
The brand Interstellar FX is owned by The First Interstellar Capital Ltd. The company is headquartered in Cyprus and is registered as a Cyprus Investment Firm (CIF), regulated by the Cyprus Securities and Exchange Commission (CySEC). Throughout its existence, the platform has not recorded any instances of failing to meet its obligations to clients.
The trading conditions at Interstellar FX are generally typical for top brokers. They offer a demo account that facilitates entry and allows practice without risk. Live accounts are versatile, with spreads starting at 0.1 pips and no trading fee. There are no limitations, traders can use any allowable trading methods at their discretion. However, it's important to note that only one active account is allowed, while many brokers permit multiple live accounts.
An additional cost for traders is the withdrawal fee, which depends on the withdrawal channel. For example, for bank cards, it's 3.25% of the amount plus €2.5. In this aspect, Interstellar FX lags behind many competitors who either have lower fees or none at all. However, to be fair, if a platform doesn't charge a withdrawal fee, it likely has a trading fee or significantly higher spreads. This is why Interstellar FX doesn't particularly stand out among the top segment.
The asset pool is quite extensive as it has over a hundred contracts for currency pairs, indices, precious metals, and energy commodities. The number of financial instruments continues to grow in response to user demands. Interstellar FX focuses on providing opportunities for active income generation, hence the absence of alternative profit avenues like copy trading and joint accounts. Some traders see this as a drawback of the broker.
Interstellar FX supports only one trading platform, MetaTrader 4, which is the most popular worldwide. The company has minimal regional restrictions, with a blacklist of only seven countries, which is typically much broader.
In summary, the broker Interstellar FX is reliable, its conditions align with market averages, and it's comfortable to work with. It can be recommended for collaboration.
Interstellar FX Summary
Your capital is at risk. Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Erste Broker and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | MT4 |
|---|---|
| 📊 Accounts: | Demo, Standard |
| 💰 Account currency: | EUR, USD |
| 💵 Replenishment / Withdrawal: | Visa/Mastercard cards, SEPAGA bank transfers |
| 🚀 Minimum deposit: | $50 |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | Floating, from 0.1 pips |
| 🔧 Instruments: | CFDs on currency pairs, indices, metals, and energies |
| 💹 Margin Call / Stop Out: | N/A |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market |
| ⭐ Trading features: | Free demo account, one user account, over a hundred contracts for difference in four groups, low spreads, no trading fee, withdrawal fee required, good education for beginners, extensive analytical tools, no passive income opportunities |
| 🎁 Contests and bonuses: | TU rebates |
When a broker offers multiple live accounts, the conditions for each often differ significantly, including the minimum deposit. However, at Interstellar FX, there's only one type of account, so the deposit must always be at least $50. As for leverage, it depends solely on the trader's choice of trading account and the traded asset. The highest leverage is always for currency pairs, reaching up to 1:500 here. Of course, the broker's client can opt to trade entirely without leverage if they prefer. Technical support is available via phone and email, operating strictly during specified periods on weekdays. Note that the times mentioned are according to Pacific Standard Time (PST).
Interstellar FX Key Parameters Evaluation
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Trading Account Opening
To start collaborating with the broker, you need to register on their official website, undergo verification, and open a user account. It's a fairly straightforward process that doesn't take much time. The experts at TU have prepared the below step-by-step guide to minimize questions. They have also described the primary functions of the user account.
Navigate to the broker's official website. Click on the "Get Started" button at the top.
Choose the form of address. Input your first and last names, nationality, citizenship, country of residence, and complete address with the postal code. Specify your email, mobile and home phone numbers, and fax (if desired).
If your actual place of residence differs from your registration address, it is necessary to provide both. Next, input your place and date of birth, identification document number (e.g., passport), taxpayer identification number, and other relevant details.
Share information with the broker regarding your financial capabilities and preferred trading methods by answering the respective questions.
Take a short test to help the broker understand your level of trading expertise.
Only the MT4 platform is available, and only individual accounts are offered. Simply click on "Start Verification”.
To confirm your identity, provide the broker with scans/photos of the required documents. You can upload documents from your personal computer or through a mobile device. Select the corresponding option in the verification menu. Follow the instructions on the screen.
Read through the documents outlining the terms of collaboration with the broker. Agree to the terms by checking the boxes. Click "Confirm". Await the completion of the verification process, after which an email will be sent to you with further instructions. The email will contain a link to your user account, through which you can make your first deposit to begin trading.
What's available in the Interstellar FX’s user account:
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Dashboard displaying information about the open account, including current and archived transactions;
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Traders can generate various reports and specify information via the user account;
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Options for depositing and withdrawing funds, and making internal transfers are available;
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Edit personal data and profile security parameters;
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Access to analytical tools and contacting technical support.
Regulation and safety
To ensure the reliability of a broker, it's crucial to verify their registration, indicating the legitimacy of their operations. Paying attention to regulation is equally important because the absence of it implies a lack of transparency and trader protection. With Interstellar FX, any concerns in this regard are alleviated as the broker is officially registered in Cyprus and regulated by CySEC. This means they are obligated to fulfill their commitments to clients, who can approach the regulator at any time.
Advantages
- The broker has been operating for several years
- Registered in Cyprus
- Regulated by CySEC
Disadvantages
- Traders don't have protection outside Cyprus
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Standard | From $1, no fee | Yes |
There is a withdrawal fee, determined by the chosen withdrawal channel. For bank cards, the fee consists of a percentage (3.25% of the withdrawn amount) and a fixed fee (€2.5 per transaction). If traders use SEPAGA bank transfers, they need to thoroughly understand the fee policy of the system. For instance, maintaining an IBAN account incurs a charge of €30, while an international transfer for such an account costs €100. These costs might seem significant, but it's important to consider that SEPAGA has several favorable conditions, making it one of the most advantageous systems for transferring digital funds. Moreover, minimal financial losses for traders during trading with Interstellar FX compensate for the relatively high withdrawal fee, as evidenced by the below table.
| Broker | Average commission | Level |
|---|---|---|
|
$1.6 | |
|
$1 | |
|
$8.5 |
Account types
When a broker offers multiple accounts with different conditions, choosing the right account can be a real headache, especially for a novice. In this sense, Interstellar FX significantly simplifies access to global financial markets for its clients by providing only one user account. Traders also don't need to choose a trading platform because only MetaTrader 4 is available. The basic functions are complemented by hundreds of free plugins. Organizing the most comfortable trading space takes some time, as traders need to find and select plugins that match their trading preferences. Afterward, they work at their own pace, without any limitations. Beginners should explore Interstellar FX educational materials to better understand the specifics of trading.
Account Types:
For traders unfamiliar with this broker, it's recommended to start by opening a demo account. It's free and allows traders to test the platform in action without financial risks, as well as experiment with trading strategies if needed.
Deposit and Withdrawal
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When trading on an active trading account, a trader executes full-fledged transactions and earns profits upon their success;
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The profit contributes to the account balance, and it can be fully or partially withdrawn at any time;
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To withdraw profits, the trader needs to submit a request via the user account on the website, which will be reviewed within 24 hours;
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The available withdrawal channels include Visa/Mastercard bank cards and SEPAGA transfers;
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The withdrawal fee for card transactions is 3.25% + €2.5, while the SEPAGA withdrawal fee is determined by the system;
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Withdrawals to a card are processed within 1 business day, while through SEPAGA, it may take between 3 to 5 business days.
Investment Options
There are numerous brokers that, in addition to active trading in global financial markets, offer their clients alternative ways of passively earning. Most commonly, joint accounts like MAM and PAMM and copy trading services are used. However, such solutions are absent at Interstellar FX. The company is entirely focused on providing comfortable active trading for its clients. They only offer an affiliate program for individuals and legal entities.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership program of Interstellar FX
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A trader can apply for partnership, and upon approval, gain access to a wide range of marketing materials. These materials are essential for bringing new clients to the platform. For each client who registers and starts trading, the broker's partner receives a monetary bonus. Additionally, Interstellar FX provides special mechanisms allowing the integration of the broker's trading functions with another platform. This means that legal entities, through partnership with the company, can independently organize access points to global financial markets for their clients. In doing so, legal entities receive more favorable trading conditions.
Customer support
What types of orders can I place through the MetaTrader 4 platform? Is it possible to replenish the trading account from a digital bank account? What are the current spreads for currency pairs involving USD? Users can have various questions, and it's crucial to have someone available at all times to provide prompt, comprehensive answers. With Interstellar FX, traders can reach out to technical support via phone or email. Support representatives are available on weekdays from 9:00 to 18:00 Pacific Standard Time (PST). The service is unavailable outside these hours.
Advantages
- Multiple communication channels
- Prompt responses during business hours
Disadvantages
- Lack of round-the-clock support
- High competence level
You can contact the support team even if you're not an existing client of Interstellar FX. Managers provide knowledgeable and thorough answers to all questions related to the broker's operations.
Here are the current contact methods:
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Call center;
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Email;
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Tickets on the page.
The broker has profiles on various social platforms: Facebook, X, LinkedIn, YouTube, and Instagram. These channels are also available for contacting technical support. It's worth subscribing to at least one of these profiles to stay updated on the company's latest news.
Contacts
| Registration address |
Georgiou Karaiskaki, 38-38Z Limassol, 3032 Cyprus Alexander Centre Block 1, Flat 313A, 38 Georgiou Karaiskaki, 3032 Lemesos |
|---|---|
| Regulation | CySEC |
| Official site | https://www.interstellarfx.eu/ |
| Contacts |
+357 25 211495, +357 25 211546
|
Education
Often, inexperienced traders turn to brokers for guidance. That's why some brokers feature educational resources on their websites. These may range from basic FAQs to comprehensive educational courses. At Interstellar FX's portal, newcomers have access to a trader's glossary, e-books, and video lectures on trading. This provides enough material to acquire fundamental skills, which can then be refined on a demo account before real trading begins.
It's hardly surprising that the platform focuses on information for beginners. Most brokers offer some form of education on their websites because after acquiring basic trading knowledge, users refine their skills through practical application.
Comparison of Interstellar FX with other Brokers
| Interstellar FX | RoboForex | Pocket Option | Exness | FxPro | Libertex | |
| Trading platform |
MT4 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5, cTrader, FxPro Edge | Libertex, MT5, MT4 |
| Min deposit | $50 | $10 | $5 | $10 | $100 | 100 |
| Leverage |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:30 for retail clients |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0.1 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0.1 points |
| Level of margin call / stop out |
No | 60% / 40% | 30% / 50% | No / 60% | 25% / 20% | 50% / 50% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | No | No |
Detailed review of Interstellar FX
The platform has been operating in the international market for many years, so conducting a retrospective analysis and comparing its positions was quite straightforward. The results are substantially positive. Interstellar FX uses a microservices architecture and virtual dedicated servers. The optimization leaves no doubts, evidenced by order execution at 12 ms. There are very few platforms that can offer even a close approximation of this, and many traders see this as one of the main, if not the primary, advantages of the Interstellar FX broker. With authentication tokens and SSL protocols, data transmission is reliably protected from malicious intent. Also note the complete transparency, legitimacy, and regulation of the company.
Interstellar FX by the numbers:
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$50 minimum deposit;
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1:500 maximum leverage;
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100+ financial instruments;
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$0 trading fees;
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3 withdrawal/deposit options.
Interstellar FX is a broker with comfortable trading conditions
The platform's financial instruments are divided into four groups, which are currency pairs, indices, precious metals, and energy resources. The broker offers over 100 assets. Such diversity is sufficient to form a diversified investment portfolio and mitigate market risks. Moreover, the more assets a trader can use, the broader their strategic possibilities. There are no lawful restrictions, Interstellar FX clients can scalp, hedge, trade on news events, and use advisors. Another crucial aspect is flexible leverage. A trader can trade with no leverage at all or select leverage of up to 1:500, thereby increasing profit potential, even with very small capital.
Useful functions of Interstellar FX:
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Economic calendar. An interactive tool highlighting significant events in politics and economics. Alongside each event are the affected assets and forecasts for current quote changes;
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Market overview. A separate service for each instrument group is tradable on the platform. It displays current asset positions and predictions which are updated continuously;
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Newsfeeds. Platform experts analyze the news flow and curate the most crucial stories. These are concise summaries that provide brief analysis and potential trend changes.
Advantages:
The broker offers a demo account and one trading account with universal trading conditions suitable for both beginners and professional market participants;
Spreads start from 0.1 pips, comparable to top broker indicators, with Interstellar FX significantly standing out from competitors by having no trading fees;
No hidden fees or additional markups when working with the platform. Traders need only carefully study the collaboration agreement;
MetaTrader 4 trading platform remains the most popular, combining intuitiveness, functionality, and adaptability to most trading strategies;
Users consistently note the high competence of technical support, with prompt responses during business hours.
User Satisfaction