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.
StarTrader Pros & Cons
- Free 30-day demo account and a minimum deposit of just $50;
- Low spreads and trading fees;
- Ultra-fast order execution with no trading restrictions;
- Trade sizes from 0.01 lots to 100 lots, free VPS with simple conditions;
- Extensive educational resources;
- Dedicated technical support;
- The broker is regulated by SVGFSA, FSA, and ASIC, and registered in five countries.
- The broker offers only contracts for difference;
- Only an economic calendar is available;
- There are minimal analytical tools provided;
- Significant regional restrictions;
- Cooperation with the broker is impossible for residents of Israel, Cuba, Iraq, Pakistan, Syria, and several other countries.
StarTrader offers its clients over 200 CFDs on currency pairs, stocks, indices, metals, and commodities. Alongside a complimentary demo account, there are two trading accounts, STP and ECN, each requiring a minimum deposit of $50. The spread on the STP account is stated from 1.3 pips, and on ECN, from 0 pips. The broker also charges a fee of $7 per full lot on ECN accounts. Traders use MetaTrader 4 and 5 versions. The leverage is flexible, with a ceiling of 1:500 for most asset types. Various deposit and withdrawal channels are available, including Mastercard and Visa cards, bank transfers, electronic payment systems, and crypto wallets supporting USDT stablecoin. There are no broker fees for these transactions. Alternative earning options include copy trading, PAMM accounts, and a partnership program. Technical support operates on weekdays 24/5.
TU Expert Verdict
StarTrader is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.
Top-5 Brokers Traders Prefer
StarTrader User Reviews
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5-star
18%
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4-star
27%
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3-star
27%
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2-star
9%
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1-star
18%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria9 /10The trading and non-trading commissions of StarTrader have been analyzed and rated as having Low fees, with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of StarTrader with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, StarTrader’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
StarTrader Standard spreads StarTrader OANDA FOREX.com EUR/USD min, pips 1.4 0.1 0.7 EUR/USD max, pips 1.6 0.5 1.2 GPB/USD min, pips 1.8 0.1 0.9 GPB/USD max, pips 2.1 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
StarTrader RAW/ECN spreads StarTrader OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.3 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with StarTrader. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
StarTrader Non-Trading Fees StarTrader OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is StarTrader Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria8.4 /10StarTrader has a safety score of 8.4/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
StarTrader Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level ASIC
Full Name Australian Securities and Investments Commission Country of regulation Australia Investor Protection Fund No specific fund but has stringent consumer protection Regulation Level Tier-1 FSA (Seychelles)
Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3 SVG FSA
Full Name Financial Services Authority of St. Vincent and the Grenadines Country of regulation St. Vincent and the Grenadines Investor Protection Fund No specific fund Regulation Level Tier-3 StarTrader Security Factors Foundation date - Negative balance protection YesVerification (KYC) Yes -
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.9.6 /10StarTrader offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free, Managed.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Tight spread ECN account
- Swap Free (Islamic) account
- No VIP account option
- Micro lots are not available
StarTrader account types vs top competitors StarTrader Plus500 Trading.com Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP NoNoNoManaged YesNoNoStarTrader accounts trading conditions
The first step is to choose a trading account. StarTrader offers two options. STP allows trading with spreads starting from 1.3 pips and without a fee. On ECN, where spreads come directly from top-tier liquidity providers, the spread is stated to start from 0. Additionally, ECN accounts incur a commission of $7 per lot. Other account parameters remain the same. The trader also needs to determine the leverage and trading platform. In the former case, it is simply a matter of choosing a comfortable leverage level and adjusting it according to current objectives. While MT4 and MT5 platforms share many similarities, differences in interface and functionality exist. If you lack experience with them, it's worth trying both before deciding which one suits you best.
Account Types:
Account Type Description Demo Opened for free, limited to 30 days. Comes with a balance of 100,000 virtual dollars and provides real-time market quotes; STP Minimum deposit $50, leverage up to 1:500. Spreads from 1.3 pips, no trading fee. Access to the full pool of financial instruments. Trades from 0.01 to 100 lots; ECN Deposit from $50 with leverage up to 1:500, and up to 1:20 for CFDs on stocks. Spreads from 0 pips, trading commission $7 per lot. Traders operate without restrictions on strategies and methods. All types of orders, 24/5 support. A demo account is an excellent opportunity to explore the broker without risking real funds. Plus, it allows experimenting with strategies freely. Especially crucial for beginners, a demo account facilitates the practical application of theoretical knowledge without financial risks. Later, you can open a trading account based on your trading preferences.
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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 methodology7.4 /10StarTrader received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
StarTrader provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No withdrawal fee
- Minimum deposit below industry average
- Wise transfers supported
- Supports 5+ base account currencies
- Limited deposit and withdrawal flexibility, leading to higher costs
- BTC payments not accepted
- PayPal not supported
What are StarTrader deposit and withdrawal options?
StarTrader provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Wise, Skrill, Neteller.
StarTrader Deposit and Withdrawal Methods vs Competitors StarTrader Plus500 Trading.com Bank Wire YesYesYesBank card YesYesYesPayPal NoYesNoWise YesNoNoBTC NoNoNoWhat are StarTrader base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. StarTrader supports the following base account currencies: USD, EUR, GBP, AUD, ZAR, NZD.
What are StarTrader's minimum deposit and withdrawal amounts?
The minimum deposit on StarTrader is $50, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact StarTrader’s support team.
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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 criteria8.8 /10StarTrader provides a standard range of trading assets in line with the market average. The platform includes 1000 assets in total and 80 Forex currency pairs.
- 80 supported currency pairs
- 1000 assets for trading
- ETFs investing
- Bonds not available
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by StarTrader with its competitors, making it easier for you to find the perfect fit.
StarTrader Plus500 Trading.com Currency pairs 80 60 69 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 1000 2800 69 Stocks YesYesNoCommodity futures YesYesNoCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesNoStock indices YesYesNoOptions NoYesNoInvestment options
We also explored the trading assets and products StarTrader offers for beginner traders and investors who prefer not to engage in active trading.
StarTrader Plus500 Trading.com Bonds NoNoNoETFs YesYesNoCopy trading YesNoNoPAMM investing YesNoNoManaged accounts YesNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at StarTrader by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10We successfully registered an account with StarTrader in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at StarTrader is $50. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fully online account opening process
- Account approval may require extra time depending on the documentation.
- Registration process may take longer than expected
StarTrader account opening StarTrader Plus500 Trading.com Online Registration YesYesYesMinimum deposit $50 $100 $50 Mandatory KYC YesYesYesRegistration time (min) 20 20 KYC time (days) 2 3 2 Is StarTrader available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
This section provides detailed information about all the stages leading up to cooperation with the broker, from registration to depositing funds into the account balance. Additionally, TU experts have outlined the main features of the user account.
Go to the broker's website. Select the language of the interface in the top right corner. Click the "Open a user account" button.
Provide your email address or phone number to receive a verification code, then create a password. If you have a promo code, insert it. Once confirmed through the chosen method, click “Register".
Upon immediate access to your user account, the initial step involves registering a user account, with a demo account automatically provided. Navigate to the corresponding section and click on "Create". Choose your trading platform (MT4 or MT5) and account type (STP or ECN). If you intend to become an investor in the PAMM service, specify this. Additionally, select the account currency, and create and confirm your trading password. Finally, click on “Next".
Answer a few questions about your main source of income, trading experience, and whether you are a resident of the USA.
Provide your first name, last name, gender, date of birth, and identification number. Verify this information by attaching a scan/photo of your passport or national ID document.
Go to the "Payment" section, then to the "Deposit" subsection. Deposit funds using a method convenient for you. Follow the instructions on the screen.
Navigate to the "Platform" section, where you can download the suitable version of the MT4 or MT5 trading platform. You can also join a PAMM account or start participating in the copy trading service.
User capabilities in the StarTrader user account:
- Dashboard. View real-time quotes of major trading assets available on the platform;
- Profile. Input and modify personal information, enable two-factor authentication (2FA);
- Account. Open and close user accounts, and view details about them. You can have up to two user accounts simultaneously, plus a demo account. This section also handles verification (confirmation of personal data);
- Payment. Deposit and withdraw profits, transfer between your accounts;
- Platform. Download the MetaTrader 4 or MetaTrader 5 trading platform (for PC, mobile device). Connect to PAMM and copy trading services;
- Web trader. Switch to the web version of the platform.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria8.9 /10StarTrader received a score of 8.9/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
- Proprietary platform with unique features
- MetaTrader is available
- One-click trading
- Trading bots (EAs) allowed
- No access to cTrader and its advanced tools.
- No TradingView integration
- Strategy (EA) Builder is not available
Supported trading platforms
StarTrader supports the following trading platforms: MT4, MT5, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared StarTrader’s platform availability with that of top competitors to assess its relative market position.
StarTrader Plus500 Trading.com MT4 YesNoNoMT5 YesNoYescTrader NoNoNoTradingView NoYesYesProprietary platform YesYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey StarTrader’s trading platform features
We also evaluated whether StarTrader offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts NoTrading bots (EAs) YesOne-click trading YesScalping NoSupported indicators 68 Tradable assets 1000 Additional trading tools
StarTrader offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
StarTrader trading tools vs competitors StarTrader Plus500 Trading.com Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. YesNoYesAPI NoNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria8 /10StarTrader supports mobile trading, offering dedicated apps for both iOS and Android. StarTrader received 8/10 in this section, reflecting strong user engagement and well-developed functionality. High ratings, solid download numbers, and the presence of advanced mobile features contributed to the high score.
- Indicators supported
- Strong Android user ratings, currently at 4.3/5
- Mobile alerts supported
- Fewer charting tools
We compared StarTrader with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
StarTrader Plus500 Trading.com Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 800,000 10,000,000 50,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 5 4.7 4.8 Google Play score 4.3 4.4 4.7 Mob. 2FA YesYesYesMob. Indicators YesYesYesMob. Alerts YesYesYes -
Customer Support
Score:We evaluated Customer Support at StarTrader 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 criteria9.7 /10StarTrader demonstrates a high level of customer support. Assistance is available through multiple channels, and most requests are handled quickly.
During TU testing, managers responded promptly, communication was clear and structured, and support continued until the issue was fully resolved. Overall, StarTrader shows reliable service and active engagement with clients.
InformationWill I be able to deposit funds from a bank card issued in the USA? What is the current spread on CFDs for Intel stocks? Is withdrawal via Sticpay available in my country? Many traders' questions stem from their lack of attention or minimal expertise. Additionally, some aspects of cooperation are sometimes inadequately covered on the broker's website. No system is immune to failures, and users are not immune to non-trivial situations and problems when trading. StarTrader's technical support operates 24/5, responding to emails and chats on the website, and handling inquiries through the ticket system.
- Several communication channels
- Responsiveness and expertise of specialists
- High efficiency on weekdays
- Traders don’t receive a response on weekends and will have to wait until the next business day
Not only actual clients of the broker have the right to ask questions. Managers also advise unregistered users.
Here are the current ways to contact managers:
- Email;
- Tickets on the page;
- Live chat on the website and in the user account
StarTrader has official accounts on Facebook, X, LinkedIn, Instagram, YouTube, and TikTok. You can also submit requests to support specialists there. It is recommended to subscribe to the broker to stay updated on its latest news.
Contacts Registration address Room 710, 7/F, Lippo Sun Plaza, 28 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
Block B, Room 2, No.2, Global Village, Jivan’s Complex, Mont Fleuri, Mahé, Seychelles
Suite 103, 25 Elkhorn Avenue, Surfers Paradise Qld 4217, Australia
62 Athalassas, Mezzanine, Strovolos, 2012, Nicosia, CyprusRegulation SVGFSA, FSA (Seychelles), ASIC Official site https://www.startrader.com/ Contacts info@starttrader.com
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FAQs
How are trading commissions and non-trading fees structured at StarTrader?
The review states that StarTrader has low overall fees, with a commissions and fees score of 9/10 and no deposit, withdrawal, or inactivity fees. On Standard accounts, costs are built into floating spreads (for example, EUR/USD typically ranges from 1.4 to 1.6 pips), while ECN/RAW accounts use market-based spreads (EUR/USD averaging around 0.1 pips) plus a commission per lot.
What types of trading accounts does StarTrader offer and what are their main conditions?
StarTrader provides Demo, STP (Standard), ECN/Raw spread, Swap Free (Islamic), and Managed accounts, but does not offer Cent, Micro, or VIP accounts. The STP and ECN accounts both have a minimum deposit of $50 and leverage up to 1:500, with STP spreads starting from 1.3 pips without a fee and ECN spreads starting from 0 pips plus a $7 per lot commission; the demo account is free for 30 days with 100,000 virtual dollars.
What do user reviews and feedback say about overall satisfaction with StarTrader?
The user satisfaction score for StarTrader is 6.4/10 based on 11 reviews, and the overall tone of the feedback is described as mixed. According to user reviews, 18% are 5-star, 27% are 4-star, 27% are 3-star, 9% are 2-star, and 18% are 1-star, indicating a wide range of experiences.
Which markets and tradable assets are available with StarTrader according to reviews?
The review notes that StarTrader offers around 1,000 total tradable assets, including 80 Forex currency pairs, stocks, commodities, crypto, and stock indices, but not options. It also mentions that bonds and futures are not available, while ETFs, copy trading, PAMM investing, and managed accounts are supported as additional investment options.
What trading platforms and tools does StarTrader provide, based on review feedback?
StarTrader supports MT4, MT5, a proprietary platform, and WebTrader, and offers features such as two-factor authentication, one-click trading, trading bots (EAs), and access to 68 indicators across 1,000 tradable assets. The review also highlights free VPS and Trading Central as additional tools, while noting the absence of an API, cTrader, Autochartist, and a strategy (EA) builder.
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