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No Regulation
Score
1.48 /10
Danger
North Star Trades
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.74
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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
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Warning: Low score, please stay away!
Previous Detection :
2025-01-07
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: North Star Trades' official website: https://northstartrades.com/ is currently inaccessible normally.
| North Star TradesReview Summary | |
| Founded | 2022 |
| Registered Country/Region | China |
| Regulation | No regulation |
| Market Instruments | Precious metals, indices, energy commodities, stocks, ETFs, crypto coins |
| Demo Account | / |
| Leverage | 1:400 |
| EUR/USD Spread | 3 pips (Basic account) |
| Trading Platform | MT4 |
| Min Deposit | €250 |
| Customer Support | Email: support@northstartrades.com |
North Star Trades Information
North Star Trades is an unregulated broker, offering trading on precious metals, indices, energy commodities, stocks, ETFs and crypto coins with leverage up to 1:400 and spread from 1 pip on the MT4 trading platform. The minimum deposit requirement is €250.
Pros and Cons
| Pros | Cons |
| Various trading products | No regulation |
| MT4 platform | Unavailable website |
| High minimum deposit requirement | |
| Wide spreads |
Is North Star Trades Legit?
No. It is registered in China in 2022. It has no valid regulations currently.
What Can I Trade on North Star Trades?
| Tradable Instruments | Supported |
| Precious metals | ✔ |
| Indices | ✔ |
| Energy commodities | ✔ |
| Stocks | ✔ |
| ETFs | ✔ |
| Crypto coins | ✔ |
| Forex | ❌ |
Account Type
Here are three account types North Star Trades offers:
| Account Type | Min Deposit |
| Bronze (Silver) | €250 |
| Gold | / |
| Platinum | / |
Leverage
The leverage is capped at 1:400 on North Star Trades.
North Star Trades Spreads
| Account Type | Spread |
| Bronze (Silver) | 3 pips |
| Gold | 2 pips |
| Platinum | 1 pip |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Withdrawals are processed within 5 working days. No minimum withdrawal amount defined and no fees specified.
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