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Star Beta

Australia|2-5 years|
Suspicious Scope of Business|High potential risk|


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Level 31 200 George Street Sydney Australia


No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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Star Beta · Company Summary

Company Name Star Beta Technologies
Registered Country/Area Sydney, Australia
Founded Year 2015
Regulation Unregulated
Minimum Deposit $100
Maximum Leverage Up to 1:500
Spreads Competitive spreads
Trading Platforms Proprietary and MT4
Tradable Assets Futures, Stocks, Bonds, Commodities, Currencies, Cryptocurrency
Account Types Standard, Premium, VIP
Demo Account No
Customer Support Email, Contact Form
Deposit & Withdrawal Bank Wire, Credit Cards, E-Wallets, Cryptocurrency

Overview of Star Beta

Star Beta is a financial services and brokerage firm headquartered in Sydney, New South Wales, Australia. Founded with an ambition to pioneer cutting-edge technology for trading in traditional markets in 2015, the company swiftly ventured into the realm of digital assets.

Over time, Star Beta has marked its prominence by becoming one of the highest-volume trading entities across major digital asset exchanges. Beyond its expertise in digital assets, Star Beta is a versatile proprietary trading firm, dealing in a plethora of asset classes including futures, stocks, bonds, commodities, and currencies. Their proprietary platform, Beta, is highly regarded and utilized by some of the most prominent brokerage firms, wirehouses, and mutual fund companies in the U.S.

However, potential investors and partners should be aware that Star Beta operates without any regulatory oversight.

Overview of Star Beta

Regulatory Information

A significant point of concern for potential investors is the broker's unregulated status. It lacks oversight from major financial regulatory bodies. This absence of regulation can pose substantial risks to traders, as unregulated brokers often lack the stringent compliance and transparency standards set by established regulatory authorities.

Investors dealing with unregulated entities may face challenges in seeking recourse in case of disputes or malpractices. Thus, it's imperative for traders to exercise caution and conduct comprehensive due diligence before engaging with such brokers.

Pros and Cons

Pros Cons
High leverage Limited trading products
Low spread No regulation
Diverse account options Potential for high risk with high leverage
Multiple platform options (Beta) Platform might be complex for beginners
24-hour support Geographical restrictions for certain countries


  1. High Leverage: Star Beta offers high leverage, allowing traders to control a larger position with a smaller amount of capital. This can amplify profits, but it's essential to understand the risks involved.

  2. Low Spread: The company provides competitive spreads, ensuring that traders can enter and exit positions with minimal cost.

  3. Diverse Account Options: Star Beta caters to a wide range of traders, from beginners to professionals, by offering various account types tailored to different trading needs.

  4. Multiple Platform Options: The Beta platform is versatile and is used by some of the largest firms in the U.S., indicating its reliability and advanced features.

  5. 24-hour Support: With round-the-clock customer support, traders can get assistance anytime, ensuring smooth trading experiences.


  1. Limited Trading Products: Despite its strengths, Star Beta might not offer a comprehensive range of trading products, limiting opportunities for diversification.

  2. No Regulation: The company operates without any regulatory oversight, which might raise concerns about its credibility and safety.

  3. Potential for High Risk with High Leverage: While high leverage can amplify profits, it can also magnify losses, especially for inexperienced traders.

  4. Platform Complexity: The advanced features of the Beta platform might be overwhelming for novice traders.

  5. Geographical Restrictions: Being based in Australia, there might be restrictions or limitations for traders from certain countries.

Market Instruments

Star Beta offers a wide range of trading products that include Futures, Stocks, Bonds, Commodities, Currencies, and Cryptocurrency. The company is a diversified proprietary trading firm that trades in multiple asset classes such as futures, stocks, bonds, commodities, and currencies. Star Beta is also involved in the marketing and distribution of products in Dubai, UAE.

Additionally, Star Beta is involved in finding new talent and teaching them to be successful traders. The company also offers Star Beta Blocks that utilize different raw materials to provide better results in new snow compared to the standard Next lineup of blocks.

Market Instruments

Account Types

Star Beta offers Standard, Premium, and VIP account types with minimum deposits starting from $100 for Standard accounts. Key features include competitively low spreads from 1 pip on major Forex pairs for Standard accounts, leverage up to 1:500, and access to a wide range of tradable products including Forex, commodities, indices, shares, cryptocurrencies, and ETFs. Higher-tier Premium and VIP accounts provide tighter spreads, higher leverage, dedicated account managers, faster execution, and more robust analytical tools.

The table below summarizes the key attributes of each account type at a glance:

Account Type Minimum Deposit Spreads Leverage Perks
Standard $100 From 1 pip Up to 1:500 Basic trading capabilities
Premium Unlisted Tighter than Standard Up to 1:500 Faster execution, more tools and analytics
VIP Unlisted Tightest spreads Up to 1:500 Dedicated account manager, highest level services

How to Open an Account?

Opening an account with Star Beta is a quick and easy process that can be completed in just a few steps. To get started, all you need to do is provide some personal information, set up your account credentials, fund your account, and have your account verified.

The 5 key steps are:

  1. Visit Star Beta's website and access the account opening form.

  2. Fill in your personal details like name, country, email, and phone number in the form.

  3. Create login credentials by setting up a unique username and password.

  4. Fund your account by depositing through any of the payment methods offered.

  5. Have your account verified and activated by Star Beta upon receiving your deposit.

  6. Fund Your Account: Once verified, deposit funds into your trading account using the available payment methods.


Star Beta allows traders to trade with leverage across a range of assets. Leverage enables traders to gain greater exposure to the markets without needing to put up the full capital required. Star Beta offers leverage up to 1:500 for forex pairs. The maximum leverage varies across other trading products. Generally, leverage decreases for assets seen as more volatile.

The table below summarizes the max leverage across different asset classes:

Asset Class Max Leverage
Major Forex pairs Up to 1:500
Minor Forex pairs Up to 1:200
Gold Up to 1:200
Commodities Up to 1:100
Shares Up to 1:5
Cryptocurrencies Up to 1:3

As we can see, forex pairs offer the highest leverage, while shares and cryptocurrencies have lower leverage limits. This allows traders to tailor risk according to the volatility of each asset class.

Spreads and Commissions

Star Beta offers competitive spreads across a range of tradable instruments. Spreads start as low as 1 pip for major currency pairs on basic accounts. More advanced accounts provide tighter spreads. There are no additional commissions charged on forex and CFD trades. For equity CFDs, there are small trading commissions charged per trade.

The table below shows sample spreads and commissions:

Instrument Spread Commission
EUR/USD (Standard) From 1 pip None
EUR/USD (Premium) From 0.8 pip None
UK 100 (CFD) From 0.5 points None
Apple (CFD) From 0.1 points $0.10 per trade

Trading Platform

Star Beta offers its proprietary web trader for simplicity and easy access, while also providing the popular MT4 platform for advanced trading features and customization options preferred by more experienced traders.

Star Beta Trader Platform

  • Star Beta's proprietary web-based trading platform accessible on desktop and mobile.

  • Provides a full suite of analytical tools including charts, technical indicators, risk management features like stop losses.

  • Allows trading on forex, CFDs, cryptocurrencies, stocks, commodities.

  • Customizable layouts and trade preferences can be saved.

  • Advanced order types available including pending, stop loss, take profit, trailing stop orders.

MetaTrader 4 (MT4)

  • Industry standard MT4 platform also integrated by Star Beta.

  • Downloadable desktop platform with mobile app versions available.

  • Advanced charting capabilities and a range of technical analysis tools.

  • Allows for automated trading via Expert Advisors and custom indicators.

  • Access to trading communities, additional indicators via MT4 Market.

Deposit and Withdrawal

Star Beta offers traders a variety of convenient methods to deposit and withdraw funds from their accounts. The broker supports bank wire transfers, credit cards, e-wallets, and cryptocurrency for deposits. Withdrawals can be made through bank wire or e-wallets. Deposits are processed quickly, often instantly with e-wallets or within 1 day for bank transfers. Withdrawals typically take 1 business day for e-wallets or up to 5 days via bank wire.

The table below summarizes the key details:

Function Methods Fees Processing Time
Deposits Bank transfer, Credit/debit cards, E-wallets, Crypto None Instant - 5 days
Withdrawals Bank transfer, E-wallets Minimal fees for e-wallets 1-5 days

Overall, Star Beta provides a solid selection of deposit and withdrawal methods with minimal fees. Processing is fast compared to other brokers, enabling quick and easy funding of accounts and withdrawal of profits.

Customer Support

Star Beta offers a streamlined approach to customer service. For those looking to get in touch or seek assistance, the company provides multiple avenues:

  • Email Support: Direct inquiries can be made through their official email at

  • Contact Form: Their website features a user-friendly contact form where individuals can input their name, email, phone number, and a personalized message.

Customer Support

Comparison with similar brokers

Star Beta is a competitive forex and CFD broker that offers trading across a range of assets. Compared to leading alternatives AvaTrade and Oanda, Star Beta provides ultra-tight spreads starting from 0 pip on some accounts. Its web and mobile trading platforms offer analytical tools for technical traders, while also integrating the popular MT4 platform.

The table below summarizes some key feature comparisons:

Feature Star Beta AvaTrade Oanda
Minimum Deposit $100 $100 $0
Spreads From 0 pips Typical 1-3 pips From 1.2 pips
Platforms Proprietary web, MT4 AvaTradeGO, MT4 fxTrade, MT4
Education None Limited resources Trading courses


In conclusion, Star Beta is a financial services and brokerage company that offers a wide range of trading products, including Futures, Stocks, Bonds, Commodities, Currencies, and Cryptocurrency. Star Beta offers two trading platforms, MetaTrader4 (MT4) and Webtrader, both of which are designed to be user-friendly and offer a range of features to help traders make informed investment decisions. Star Beta is known for its cutting-edge technology and high-volume trading across major digital asset exchanges.

Overall, Star Beta is a brokerage firm that offers a range of trading products and services to meet the needs of professional investors.


Q: What is Star Beta's margin closeout policy?

A: If the margin level falls below 50%, positions may be reduced or closed out automatically by Star Beta.

Q: Can I trade cryptocurrencies as CFDs on Star Beta's platform?

A: Yes, Star Beta offers CFDs on major cryptocurrencies including Bitcoin, Ethereum and Litecoin.

Q: Can I use a trading robot or Expert Advisor on Star Beta's platform?

A: Yes, EAs and robots are supported on Star Beta's MT4 platform, but not on their proprietary web trader.

Q: How does Star Beta ensure fast trade execution speeds?

A: Star Beta uses top-tier liquidity providers and servers in financial data centers for fast execution.

Q: What is Star Beta's policy on stopping loss and taking profit order slippage?

A: Star Beta aims to fill all non-guaranteed stop orders at the specified rate, with minimal slippage.

Broker Information

Company Name

Star Beta

Company Abbreviation

Star Beta

Regulatory Status

No Regulation

Platform registered country and region


Phone of the company








Company address
  • Level 31 200 George Street Sydney Australia







Customer Service Email Address



Company Summary

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more than one year
I was approached by Star Beta and asked to deposit funds into their platform one year ago. However, upon conducting research on their regulatory status, I found that they were not properly regulated. As a result, I decided not to open an account with them. Here I want to tell more people that it is important for traders to prioritize their safety and security when choosing a trading platform, and a lack of regulation is a significant red flag.
2023-03-22 13:36
more than one year
Star Beta offers many services and I am very satisfied with these services. 24-hour support, deposits, withdrawals, and various crypto trading instruments. I definitely recommend you try it.
2023-03-10 18:11
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