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Do you want to know which is the better broker between Axiory and STARTRADER ?
In the table below, you can compare the features of Axiory , STARTRADER side by side to determine the best fit for your needs.
EURUSD: -0.2
XAUUSD: -1.8
Long: -5.36
Short: 2.46
Long: -30.8
Short: 18.9
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of axiory, iv-markets lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Axiory | Basic Information |
Company Name | Axiory Global Limited |
Founded in | 2012 |
Registered Country/Area | Belize |
Regulation | Regulated by the International Financial Services Commission (IFSC) in Belize |
Instruments | Forex, stocks, indices, commodities, cryptocurrencies |
Minimum deposit | $10 |
Account Types | NANO, Standard, Max, TERA, ALPHA |
Trading fees | Variable spreads, no commissions, swap fees, inactivity fees |
Leverage | Up to 1:777 |
Platforms | MetaTrader 4, MetaTrader 5, cTrader, as well as MyAxiory App (New) |
Social Programs | Axiory Intelligence: a research-based program that promotes education and social responsibility in the financial industry. Axiory Care: supports social causes worldwide. |
Demo account | Available |
Islamic account | Available |
Customer support | 24/5 customer support in multiple languages, including English, Arabic, Spanish, and more, social medias supported |
Educational Resources | Yes |
US Clients | Not Accepted |
Axiory is a forex broker registered in Belize, a country known for its favorable regulatory environment for financial services companies. The brokerage firm was established in 2012 and is a relatively young player in the forex industry. Axiory offers online trading services for a range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. Traders can be free to choose their favorable leverage amount ranging from 1:1 to 1:777. An interesting feature of Axiory is its commitment to social responsibility. The company has established the Axiory Intelligence initiative, which is a research-based program that aims to promote education and social responsibility in the financial industry. Axiory also supports various social causes through its Axiory Care program. In terms of trading platforms, Axiory offers multiple choices, including the popular MetaTrader 4 platform, MetaTrader 5 platform, as well as cTrader, with its proprietary trading app called MyAxiory App. Besides, this broker also offers advanced charting tools, technical analysis indicators, and other features to help traders quickly acquaint themselves with online trading.
Axiory is authorized and regulated by the Financial Services Commission (IFSC) in Belize. This regulatory body is responsible for ensuring that financial institutions operate in a transparent and fair manner, which can provide traders with some reassurance about the legitimacy of the broker. Axiory's adherence to regulations also means that the company must follow certain guidelines, such as maintaining sufficient capital reserves, which can help to protect traders in the event of any financial instability.
However, it is important to note that the IFSC is not a highly-respected regulatory body in the financial industry, which may lead some traders to question the level of oversight and protection provided. Additionally, the regulatory requirements of the IFSC may not be as stringent as those of other regulatory bodies, which could result in less protection for traders.
One of Axiory's biggest strengths is the wide range of trading instruments available. Traders can choose from a diverse selection of assets, including major and minor currency pairs, popular stocks, and popular indices. Additionally, the broker offers commodities such as oil and gold, which provide traders with opportunities to diversify their portfolios. Another significant advantage of Axiory is their multiple account types of low minimum deposits.
On the downside, Axiory offers limited payment methods available for deposits and withdrawals. Plus, no 7/24 online customer support available, which is a big problem to address client's trading issues in a timely manner.
Pros | Cons |
Regulated by IFSC in Belize, providing some level of security for traders. | Offshore regulation |
Wide range of trading instruments including forex, stocks, indices, and commodities. | Limited payment methods available for deposits and withdrawals. |
Multiple trading platforms | No 7/24 customer support |
Multiple trading account options | No online chat |
Generous trading leverage up to 1:777 | |
Advanced trading tools and features such as VPS, MAM, and PAMM. | |
Low minimum deposit of $10 | |
Demo account available | |
Islamic account available for most account types | |
Multilingual customer support available |
Axiory offers a range of market instruments to cater to the diverse trading needs of its clients.
Firstly, the broker provides access to the forex market, which is the largest financial market in the world, enabling traders to trade currency pairs with tight spreads and competitive pricing.
Secondly, Axiory offers exchange-traded stocks and ETFs, which provide traders with exposure to a variety of companies and industries across the globe. This allows traders to diversify their portfolio and take advantage of market trends in different regions.
Additionally, Axiory offers CFDs on stocks and indices, providing traders with the ability to trade on the price movements of individual stocks or entire market indices. This allows traders to take advantage of both rising and falling markets.
Finally, Axiory offers trading in oil and energy products, which can provide traders with exposure to the commodities market and its price fluctuations
Axiory offers a diverse range of trading accounts to cater to the needs of traders with varying experience levels and trading styles. The broker offers five types of trading accounts, including NANO, STANDARD, MAX, TERA, and ALPHA.
The NANO account is an account type with a small deposit amount of $10. This account type features average spreads starting at 0.3 pips, with leverage up to 1:400 and this account holder can get access to MT4 and cTrader trading platforms.
The STANDARD account is suitable for traders who have some trading experience and are willing to deposit a minimum of $10. This account type features floating spreads starting from 1.3 pips, and has the same lever ratio as the NANO account, and traders who open this account can use trading platforms too: MT4 and cTrader.
The MAX account is designed for experienced traders who are willing to deposit a minimum of $10. This account type features a huge spread of 20 pips on average, with leverage up to 1:777, trading through MT4 and cTrader.
The TERA account is another account with a low deposit requirement of $10. This account type features an average spread starting at 3 pips, and a maximum leverage of 1:400. Please note traders who open this account only can get access to one trading platform, that is the MT5 trading platform.
The ALPHA account is a premium account type that is available by invitation only. As such, the minimum deposit requirement is unknown. This account type offers institutional-grade spreads and a maximum leverage of 1:1. With this broker, only MT5 trading platform can be reached.
Pros | Cons |
Multiple account types to choose from, catering to different trading needs and budgets | Alpha account details not disclosed on the website |
Low minimum deposit requirement for most account types | Limited range of tradable assets, especially for NANO and STANDARD accounts |
Competitive spreads and commissions for certain account types | Some account types may have limited access to certain trading tools and educational resources |
Demo accounts available for all account types | Tera & Alphha account only support MT5 trading platform |
Islamic accounts available for all account types | Islamic accounts is not available for the Alpha trading account |
Negative Balance Protection available for most trading accounts | |
Hedging Allowed for most trading accounts |
Axiory offers demo accounts to its clients, which are a great tool for traders to practice trading without risking real money. The demo accounts are designed to replicate the live trading environment, allowing traders to familiarize themselves with the platform, test different trading strategies, and gain experience before trading with real money.
Axiory's demo accounts are free and come with virtual funds that traders can use to simulate trading. The demo accounts are available for all account types and provide traders with access to the same trading instruments, platforms, and tools as live accounts. The demo accounts are not time-limited, which means there is no expiry date on your demo accounts.
Axiory offers Islamic accounts, also known as swap-free accounts, which are designed for traders who follow the Islamic faith and can not receive or pay interest due to religious reasons. These accounts comply with Shariah law and do not charge or pay any overnight interest (swap) fees on positions held open for more than 24 hours.
Islamic accounts at Axiory offer the same features as standard trading accounts, including access to all trading instruments and platforms, customer support, and educational resources. The only difference is that Islamic accounts operate on a commission-based structure, and there are no overnight swap fees charged or credited to the account.
To open an Islamic account with Axiory, traders need to submit a request to the customer support team, and the account will be verified and set up within 24 hours. It is important to note that Axiory reserves the right to revoke the swap-free status if there is evidence of abuse or misuse of the account.
To open an account with Axiory, interested clients can simply navigate to the broker's website and click on the “Open Account” button.
This will lead them to a registration page where they will be prompted to provide their personal information, including their name, email address, and phone number. Additionally, they will need to choose the account type that suits their trading needs and preferences.
After submitting the registration form, clients will receive an email with a link to verify their account. Once the verification process is complete, they can proceed to fund their account via one of the payment options available.
Axiory offers a range of leverage options for traders, depending on their chosen account type. The leverage ratios offered by the broker range from 1:1 to a maximum of 1:777, which can provide traders with a significant amount of buying power in the markets. However, it's worth noting that higher leverage also comes with higher risk, and traders should be aware of the potential consequences of trading with a high leverage ratio. It's important to carefully consider your own risk tolerance and trading strategy before deciding on a leverage ratio for your account.
Axiory's spreads can be higher compared to some other forex brokers. For the NANO account, the average spreads start at 0.3 pips. The STANDARD account has floating spreads starting from 1.2 pips, which is a bit more competitive. The MAX account has floating spreads starting from 1.3 pips, and on average, the spreads for this account are around 20 pips. The TERA account has an average spread starting at 3 pips, while the spreads for the ALPHA account are not disclosed on the Axiory website.
In terms of commissions, Axiory charges a commission of $ 6 per lot for the NANO accounts. The Standard and MAX accounts do not charge a commission, but it has higher spreads. The TERA and ALPHA accounts have lower spreads, but their commission fees are charged 6 usd per lot and 1.5 usd per lot, respectively.
Pros | Cons |
Competitive spreads on the NANO account | MAX account type has relatively high spreads |
No commissions charged on Standard account and Max account | Spreads and commissions charged on ALPHA account type unknown |
Low commissions on some account types | |
Swap-free Islamic accounts available | |
No deposit or withdrawal fees | |
Inactivity fees charged only after 180 days of no trading activity |
In addition to trading fees, Axiory also charges non-trading fees that traders should be aware of. Axiory does not charge any deposit or withdrawal fees, which is a big advantage for traders. However, there are some other non-trading fees that traders should consider, including inactivity fees. If there is no trading activity on the account for 6 months, a fee of $30 per month will be charged. Also, Axiory charges a fee for wire transfers, which can vary depending on the currency and the bank used. Traders should check with their bank for any additional fees that may be charged on their end.
Axiory offers its clients access to several trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the cTrader platform and the MyAxiory mobile app. The MetaTrader platforms are widely used by traders worldwide and offer advanced charting capabilities, multiple time frames, and a wide range of technical indicators and analysis tools. The cTrader platform, on the other hand, is known for its fast execution speeds and advanced order management features, making it a popular choice for scalpers and high-frequency traders.
The MyAxiory mobile app allows traders to access their accounts and trade on-the-go using their mobile devices. The app is user-friendly and features real-time price quotes, charting tools, and the ability to place orders and manage positions.
The minimum deposit is 10 USD. If clients are using a Bank Wire Transfer from any country except Nigeria, the minimum deposit is 100 USD. The minimum deposit using Bank Wire Transfer from Nigeria is 10 USD. Visa and bank transfer are the most traditional options, while e-wallets such as Skrill and Neteller are also available. Stickpay is a unique payment method that allows for instant deposits and withdrawals, while PayReedem and ThunderXPay are also available. Additionally, Axiory does not charge any deposit fees.
The minimum withdrawal amount at Axiory is 10 USD with the exception of Wire/Bank Transfer where the minimum withdrawal amount is 100 USD.
Axiory supports the same deposit and withdrawal payment methods, which include Visa, Bank Transfer, Stickpay, Neteller, Skrill, PayReedem, and ThunderXPay. The processing time for withdrawals can vary depending on the payment method used, with e-wallets typically being the fastest and bank transfers taking the longest. Axiory does not charge any withdrawal fees, but it is possible that the payment provider may charge a fee for their services.
Axiory offers customer support in multiple languages, including English, Arabic, Indonesian, Spanish, and more. Traders can contact the support team via email, phone, or live chat. The broker also provides a comprehensive FAQ section on its website, where traders can find answers to common questions related to trading, account management, and more.
The customer support team at Axiory is known for being responsive and helpful, and they are available 24/5 to assist traders with any issues or questions they may have. Axiory also provides a personal account manager to each client, who can help with account-related matters and provide personalized support.
Axiory provides a range of educational resources to help traders improve their skills and knowledge. The broker offers free webinars, video tutorials, e-books, and market analysis tools. Axiory Academy, the broker's education center, is designed to provide traders with in-depth knowledge of the markets and trading strategies.
The broker's webinars cover various topics, such as trading psychology, risk management, technical analysis, and market news. These webinars are conducted by experienced traders and are available to all Axiory clients. The video tutorials cover different aspects of trading, including platform tutorials, trading strategies, and risk management.
Axiory's e-books provide traders with comprehensive information on trading strategies, risk management, and market analysis. The broker's market analysis tools include daily market updates, technical analysis reports, and economic calendars.
Axiory is a forex broker offering a variety of trading instruments, account types, and educational resources to its clients. The broker's trading conditions, such as high spreads and commissions, may not be ideal for all traders, but its leverage options can benefit those looking for higher returns. However, Axiory's weakness lies in its regulation. Ultimately, traders should carefully consider their individual trading needs and goals before choosing Axiory as their broker.
Q: Is Axiory a regulated broker?
A: Yes, Axiory is authorized and regulated by the International Financial Services Commission (IFSC) in Belize.
Q: What is the minimum deposit required to open an account with Axiory?
A: Axiory offers five types of trading accounts with different minimum deposits, ranging from $10 to an unknown amount for the ALPHA account.
Q: What trading platforms are available at Axiory?
A: Axiory offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the Axiory Strike mobile application.
Q: Does Axiory offer Islamic accounts?
A: Yes, Axiory offers swap-free Islamic accounts for traders who follow Shariah law.
Q: What deposit and withdrawal methods are available at Axiory?
A: Axiory supports various deposit and withdrawal methods, including Visa, Bank Transfer, Stickpay, Neteller, Skrill, PayReedem, and ThunderXPay.
Q: What is the maximum leverage offered by Axiory?
A: The maximum leverage offered by Axiory ranges from 1:1 to 1:777 depending on the account type.
Q: What are the trading fees at Axiory?
A: Axiory's spreads and commissions vary depending on the account type, with some accounts offering higher spreads than others.
Q: Does Axiory offer educational resources for traders?
A: Yes, Axiory provides educational resources for traders, including webinars, video tutorials, and market analysis tools.
Q: What customer support options are available at Axiory?
A: Axiory offers customer support through live chat, email, and phone, as well as a comprehensive FAQ section on their website.
STARTRADER | Basic Information |
Registered Country/Region | Seychelles |
Founded | 10-15 years |
Regulation | FCA, FSA (Offshore), FSCA (General registration) |
Tradable Instruments | 35+ currency pairs, 70+ stocks, 20+ commodities, 20+ indices |
Account Types | Standard, ECN |
Demo Accounts | Yes |
Maximum Leverage | 1:500 |
Spreads | From 0.1 pips |
Trading Platforms | MT4, MT5, COPY TRADE, WEB TRADER |
Trading Tools | VPS, Economic Calendar, News Room |
Minimum Deposit | $50 |
Deposit & Withdrawal | Bank Wire Transfer, Visa/MasterCard, Sticpay, PerfectMoney, Skrill, Neteller, etc. |
Educational Resources | Knowledge Center, Webinars |
Customer Support | 24/5 live chat, online messaging, email: INFO@STARTRADER.COM, social media |
*Please note that the information in this table is subject to change and you should always refer to the broker's official website for the most up-to-date information.
STARTRADER is a forex broker that offers trading services for 200+ financial instruments, including forex currency pairs, commodities such as gold and oil, indices such as the S&P 500, and more.
The broker offers two different types of trading accounts, that is Standard and ECN accounts, each with its own unique features and benefits, a minimum deposit of $50 is required to start trading on the platform.
STARTRADER offers multiple trading platforms, including MT4, MT5, as well as COPY TRADE as well as WEB TRADER. These platforms include advanced charting tools, real-time quotes, and a range of technical analysis indicators to help traders make informed decisions. The platform also offers one-click trading, hedging capabilities, and the ability to set stop-loss and take-profit orders.
The broker offers leverage up to 1:500 and competitive spreads starting from 0.1 pips. STARTRADER also provides traders with educational resources, market analysis, and a customer support team that is available 24/5 to assist with any queries or issues.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. We will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
STARTRADER has three entities under regulation:
Startrader Pro Limited is regulated by the Financial Conduct Authority (FCA) under regulatory license number: 600837.
STARTRADER Limited is offshore regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number SD049.
STARTRADER INTERNATIONAL PTY LTD is generally registered by the Financial Sector Conduct Authority (FSCA) under regulatory license number 52464.
These regulatory bodies typically require brokers to follow strict operational guidelines intended to protect traders.
Further adding to the broker's credibility is its employment of security measures like segregated client accounts, which refers to the practice of keeping client funds separate from the company's operating funds. It also guarantees negative balance protection, preventing clients from losing more than their account balance. The use of SSL encryption technology ensures secure data transfer.
All these factors suggest that STARTRADER is not a scam and can be considered a legit broker.
However, it's crucial for traders to be cautious and alert. This includes understanding the broker's terms and conditions and researching online reviews to gain a comprehensive understanding of other traders' experiences with the broker.
STARTRADER offers a wide range of tradable instruments, and generous leverage up to 1:500. The broker also provides multiple trading platforms with advanced charting tools and technical analysis indicators, as well as educational resources for traders.
However, there are some potential downsides, such as regional restrictions and limited account types offered.
Pros | Cons |
Regulated by FCA | Regional restrictions |
A good range of tradable instruments | Limited account types offered |
Competitive spreads starting from 0.1 pips | Limited payment methods for deposits and withdrawals |
Multiple trading platforms | No clear information on the minimum deposit for each accounts |
Educational resources available | Limited research tools and market analysis |
No commissions charged on trades | No 24/7 customer support |
Demo account available for testing | No Islamic account |
No deposit fees | |
Low minimum deposit ($50) | |
STP & ECN accounts to choose from | |
Negative balance protection provided |
STARTRADER offers 200+ market instruments for traders to choose from, providing ample opportunities for traders to invest and diversify their portfolios.
Forex: STARTRADER offers over 35 currency pairs, including major, minor, and exotic currency pairs for forex trading, including EUR/USD, GBP/USD, USD/JPY, and AUD/CAD, among others.
Metals: This typically includes trading in commodities like gold, silver, platinum, and palladium.
Indices: They also provide more than 20 indices, tracking various segments of the financial markets, both globally and regionally.
Shares: The broker also provides access to over 70 different stocks, allowing traders to take a position on a wide range of companies across various sectors.
Commodities: STARTRADER offers more than 20 commodities, providing an opportunity for traders to engage in the trading of both soft (like wheat, cocoa, or coffee) and hard commodities (like gold, oil, or natural gas).
This mix of offerings gives traders ample choices for diversifying their portfolios and opportunities to take advantage of different market conditions. However, it's essential to fully understand each instrument's characteristics and risks and to develop a suitable strategy based on one's trading objectives and risk tolerance.
Apart from demo accounts, STARTRADER offers two primary live account types, catering to traders with different levels of experience and trading strategies.
The Standard account is designed for traders who prefer fixed spreads, and is well-suited for beginners or traders who prefer a simpler trading experience. This account type offers spreads from 1.3 pips and leverage up to 1:500, with no minimum deposit disclosed. Additionally, traders can access a wide range of tradable instruments, including forex, commodities, indices, cryptocurrencies, and shares.
The ECN account, on the other hand, is tailored to more experienced traders who require a more sophisticated trading experience. This account type offers variable spreads and allows traders to access the interbank market, which can provide greater liquidity and potentially tighter spreads. Traders can also take advantage of the advanced trading platform provided by STARTRADER, which features advanced charting tools, technical analysis indicators, and more. The ECN account also offers competitive leverage up to 1:500, with no minimum deposit disclosed.
When choosing an account type, traders should carefully consider their trading objectives, risk tolerance, and overall experience in the markets.
Opening an account with STARTRADER is a straightforward and easy process that can be completed in just a few simple steps.
Step 1: First, visit the STARTRADER website and click on the “REGISTER” button. You will be prompted to fill out a registration form, which requires you to provide some personal information, such as email address and password.
Step 2: Next, you will need to provide some additional information, such as your preferred account type (Standard or ECN), currency preference, and trading platform preference.
Step 3: After completing the registration form, you will be asked to verify your email address by clicking on a link sent to your email inbox. You will then need to provide proof of identity and address by uploading a copy of your government-issued ID and a recent utility bill or bank statement.
Step 4: Once your account is approved, you can fund your account and start trading immediately. STARTRADER supports a range of payment methods, including Bank Wire Transfer, Visa/MasterCard, Sticpay, PerfectMoney, Skrill, Neteller, and more.
TARTRADER offers a maximum trading leverage of up to 1:500, depending on the account type and the instrument being traded. For Standard account holders, the maximum leverage available is 1:500, which is still relatively high compared to other brokers in the industry. For ECN account holders, the maximum leverage available is also 1:500.
While leverage can magnify potential profits, it can also increase the risks associated with trading. Traders should always use leverage responsibly and consider their risk tolerance and trading strategy before choosing a leverage level.
While STARTRADER does offer transparent trading fees, the exact commission charges for ECN accounts are different due to the instrument being traded and other factors such as account activity.
For Standard accounts, there are no commissions charged on trades made through the account. Instead, the broker makes money through the spread, which is the difference between the bid and ask price of a financial instrument. The spreads offered by this broker are 1.3 pips.
For ECN accounts, the spreads offered by the broker are typically lower, starting from as low as 0.1 pips. However, traders are charged a commission on each trade.
While the commission charges are not specifically outlined on the broker's website, STARTRADER does offer a transparent fee structure and provides traders with real-time information on the spreads and commissions applicable to their trades. Traders can also access detailed trading reports that provide a breakdown of their trading costs and fees.
In addition to trading fees, STARTRADER also charges non-trading fees, which traders should be aware of when considering trading with the broker.
One of the non-trading fees charged by STARTRADER is an inactivity fee. If an account remains inactive for a period of 90 days, a fee of $10 will be charged each month until the account becomes active again.
Another non-trading fee charged by the broker is a withdrawal fee. For each withdrawal made, STARTRADER charges a fee of 1% of the withdrawal amount, with a minimum fee of $30 and a maximum fee of $500.
STARTRADER also charges a fee for currency conversion. If a trader deposits funds in a currency other than the base currency of their account, the broker will convert the funds to the base currency at the current exchange rate and charge a fee of 2% of the converted amount.
STARTRADER caters to the diverse trading needs of its clients by offering them access to three distinct trading platforms: the widely popular and extensively-used MetaTrader 4 (MT4), its newer and more sophisticated version, MetaTrader 5 (MT5), and its proprietary WebTrader platform, which is a browser-based trading platform designed to provide traders with easy access to the financial markets from any device with an internet connection.
MT4 is renowned for its advanced technical analysis tools, algorithmic trading capabilities, and high-speed trade execution, making it a favored platform amongst traders of all experience levels. It offers traders an array of features, such as customizable charting, real-time quotes, and a vast selection of technical indicators.
MT5, on the other hand, is the latest version of the MetaTrader platform, offering even more advanced features and capabilities, including enhanced charting and analytical tools, multi-currency support, and a more extensive selection of timeframes. It is also designed to support additional types of assets such as stocks and futures, providing traders with greater market diversity.
STARTRADER's proprietary WebTrader platform, meanwhile, is a web-based trading platform that allows traders to access their trading accounts from anywhere in the world, providing them with the flexibility and convenience of trading on-the-go. It offers traders a wide range of tools, including real-time quotes, charting tools, and technical analysis indicators, while also providing a user-friendly interface that is easy to navigate.
STARTRADER also provides an App, allowing users to trade anytime and anywhere. It is available for iOS and Android platforms, making it convenient for global traders to use.
The following is a comparison table prepared, highlighting the trading platforms offered by STARTRADER, INFINOX, CPT Markets, and Eightcap:
Broker | Trading Platforms |
STARTRADER | MT4, MT5, WebTrader |
INFINOX | MT4, MT5, IXO Platform |
CPT Markets | MT4, Sirix WebTrader, CPT Markets GO |
Eightcap | MT4, MT5, WebTrader |
STARTRADER's offering of a copy trading feature is great for traders who prefer to capitalize on the expertise of successful traders. Copy trading allows traders to directly copy the positions opened and managed by another selected trader. Hence, when the copied trader makes a trade, the same trade is automatically executed in the copying trader's account.
This can be particularly beneficial for novice traders who are still learning the ropes or people who don't have the time to study and monitor the markets consistently. It provides a form of passive management and can be a way to learn and understand more about trading strategies in real-time.
However, it's crucial to remember that all trading involves risks and just because a trader was successful in the past does not guarantee they will be in the future. Always practice risk management and ensure to align copy trading actions with your risk tolerance and financial goals.
STARTRADER offers a suite of impressive trading tools that contribute towards a comprehensive and efficient trading experience.
They provide a Virtual Private Server (VPS) service which allows traders to run automated algorithmic strategies continuously 24/7 on a virtual machine, facilitating more robust connectivity and faster order execution.
Their economic calendar is a vital tool for fundamental analysis, helping traders track important economic events that have the potential to impact financial markets. This can be beneficial for planning trades and managing risk.
In addition, their news room serves as a source for real-time market news, keeping traders updated about significant developments that can cause market volatility.
These three essential tools offered by STARTRADER reflect their commitment to providing their customers with resources that help to enhance their trading strategies and overall trading experience.
STARTRADER supports a variety of deposit and withdrawal methods for its clients, with a minimum deposit requirement of $50. The broker allows deposits via several methods, including Bank Wire Transfer, Visa/MasterCard, Sticpay, PerfectMoney, Skrill, Neteller, and more. There are zero deposit fees on most payment methods.
Deposits made via bank wire transfer can take 3-5 business days to clear, while deposits made via other methods are typically processed instantly. For withdrawals, clients can use the same methods as for deposits, with processing times varying depending on the chosen method.
To withdraw funds, you should log to “My account” with your username and password. Initiate the request to withdraw funds. Here are some important notifications you should notice when withdrawing funds:
STARTRADER offers some educational resources designed to help traders improve their knowledge and skills in the Forex and CFD markets. These resources include webinars and a knowledge center.
The educational webinars are conducted by market experts who provide traders with insights and analysis on a range of topics, from technical analysis to risk management. The webinars are designed to help traders stay up to date with market developments and make informed trading decisions.
In addition to webinars, STARTRADER also provides traders with a knowledge center, which includes some educational materials such as e-books, videos, and tutorials. These materials are aimed at traders of all levels, from beginners to advanced traders, and cover a wide range of topics such as trading strategies, market analysis, and risk management.
STARTRADER offers 24/5 customer support through a variety of channels, including live chat, email: INFO@STARTRADER.COM and a contact form on their website, as well as social media platforms like Facebook, Instagram, Twitter, LinkedIn, YouTube, Tiktok and Telegram.
Q 1: | Is STARTRADER regulated well? |
A 1: | Yes. It is regulated by FCA. |
Q 2: | At STARTRADER, are there any regional restrictions for traders? |
A 2: | Yes. It is not available for Afghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Malaysia, Nicaragua, Pakistan, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation. |
Q 3: | Does STARTRADER offer demo accounts? |
A 3: | Yes. It offers demo accounts for testing. |
Q 4: | What is the maximum leverage offered by STARTRADER? |
A 4: | The maximum leverage offered by STARTRADER is up to 1:500. |
Q 5: | Does STARTRADER offer industry leading MT4 & MT5? |
A 5: | Yes. STARTRADER offers MetaTrader4 (MT4), MetaTrader5 (MT5), and its proprietary WebTrader platform. |
Q 6: | What is the minimum deposit for STARTRADER? |
A 6: | $50. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive axiory and iv-markets are, we first considered common fees for standard accounts. On axiory, the average spread for the EUR/USD currency pair is -- pips, while on iv-markets the spread is from 0.1.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
axiory is regulated by FSC. iv-markets is regulated by ASIC,FSA,FSCA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
axiory provides trading platform including ALPHA,TERA,MAX,STANDARD,NANO and trading variety including --. iv-markets provides trading platform including ECN ACCOUNT,STANDARD ACCOUNT and trading variety including 35+ currency pairs, 70+ stocks, 20+ commodities, 20+ indices.