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No Regulation
Score
1.54 /10
Danger
StarFX
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.20
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: StarFX's official website: http://starfx.com is currently inaccessible normal.
| StarFXReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, CFDs on precious metals and indices |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 0.5 pips (demo account) |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Email: support@starfx.com |
StarFX is a global brokerage firm based in the United Kingdom. It offers market instruments including forex, CFDs on precious metals and indices. On top of that, StarFX offers leverage up to 1:400 and access to MT4.
Pros & Cons
| Pros | Cons |
| None | Unregulated |
| Non-transparent trading conditions | |
| Unfunctional website | |
| Limited customer support options |
Is StarFX Legit?
No. StarFX is definitely not a legitimate platform since it has not been regulated.
What Can I Trade on StarFX?
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| commodities | ❌ |
| indices | ✔ |
| energies | ❌ |
| stocks/shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Types
StarFX offers traders both a demo account and a Standard Account. However, the specific minimum deposit for the Standard Account is not available on their website.
Leverage
StarFX provides leverage of up to 1:400 to its traders.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginners |
Deposit and Withdrawal
Credit cards, bank wire transfers, and e-wallets are available for deposit and withdrawal on StarFX.
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