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Score

1.54 /10
Danger

Starfinex

Vietnam

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://starfinex.com

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Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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40G

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Broker Information

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Company Name

Star Financials Limited

Company Abbreviation

Starfinex

Platform registered country and region

Vietnam

Company website

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Company summary

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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!

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Starfinex · Company summary

Note: Starfinex's official website: https://starfinex.com is currently inaccessible normally.

StarfinexReview Summary
Founded/
Registered Country/RegionVietnam
RegulationUnregulated
Market InstrumentsCurrency pairs and CFDs on stocks, indices, spot metals and energy commodities
Demo Account/
LeverageUp to 1:500
SpreadFloating around 2 pips (Standard account)
Trading PlatformMT4/5
Min Deposit$5
Customer SupportEmail: support@starfinex.com
Address: 9th floor, Kham Thien Building,195 Kham Thien, Dong Da, HaNoi

Starfinex is a forex and CFD broker registered in Vietnam, offering various currency pairs and CFDs on stocks, indices, spot metals and energy commodities trading through the MT4 and MT5 platforms. However, Starfinex operates without regulatory oversight from any reputable financial body.

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Pros and Cons

ProsCons
Diverse trading choicesUnregulated status
Variety of account typesInaccessible website
Micro accounts offeredWide spreads
Commission-free for most account typesOnly email support
MT4 and MT5 supported
Popular payment options
Low minimum deposit/withdrawal
No fees for deposits and withdrawals

Is Starfinex Legit?

No, Starfinex is not regulated currently. Please be aware of the risk!

Is Starfinex Legit?

What Can I Trade on Starfinex?

Starfinex offers 62currency pairs and 15 CFDs on stocks, indices, spot metals and energy commodities.

Currency pairs: South African Rand, Turkish Lira, Singapore Dollar, Swedish Krona, Russian Rubble, Polish Zloty, Norwegian Krone, Mexican Peso, Hungarian Forint, Honk Kong Dollar, Danish Krone, Czech Krona and Chinese Yuan.

Tradable Instruments Supported
Currency pairs✔
CFDs✔
Spot metals✔
Energy commodities✔
Indices✔
Stocks✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

Starfinex offers six live account types, including Micro, Standard, Premium, ECN Pro, PAMM and Star VIP account.

Account TypeMin Deposit
Micro$5
Standard$50
Premium$100
ECN Pro$100
PAMM$1 000
Star VIP$10 000

Additionally, Starfinex offers a swap-free, Islamic account, where no interest is incurred on positions left open overnight.

Leverage

Starfinex offers different maximun leverage for different account types, as follows:

Account TypeMax Leverage
Micro1:500
Standard1:400
Premium1:300
ECN Pro1:200
PAMM1:200
Star VIP1:200

Spread and Commission

Starfinex offers different spreads for different accounts, without a commission on the trade.

For the ECN Pro Account, however, Starfinex takes a commission of 6 USD per traded lot.

Account TypeSpreadCommission
Micro3 pips, floating❌
Standard2 pips, floating❌
Premium1.6 pips, floating❌
ECN ProRaw6 USD per traded lot
PAMM1 pip, floating❌
Star VIPRaw❌

Trading Platform

Starfinex provides traders with three trading platforms to choose from, MT4, MT5, and web-based trading platforms.

Trading PlatformSupported Available Devices Suitable for
MT4✔/Beginners
MT5✔/Experienced traders
Web-based✔Web/

Deposit and Withdrawal

Clients of Starfinex can deposit or withdraw via Visa, Mastercard, Maestro, wire transfer, Bitcoin, Skrill and Neteller. There are nowithdrawal processing fees of any kind, and the minimum withdrawal amount of just $5 is pretty negligible.

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小寒
more than one year
this forex company registered in Starfinex is quite attractive from some aspects, such as low initial deposit and demo account, but the more important thing is the regulation, which Starfinex does not possess.
this forex company registered in Starfinex is quite attractive from some aspects, such as low initial deposit and demo account, but the more important thing is the regulation, which Starfinex does not possess.
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2023-02-20 18:33
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Eddie 艾迪.芬曼
more than one year
Se puede decir que el mercado de divisas es el mercado más grande y libre del mundo, lo que también hace que muchos estafadores huelan oportunidades comerciales. ¡traders, por favor no negocien con compañías que no tengan licencias regulatorias, de lo contrario será difícil recuperar el dinero que les han estafado!
Se puede decir que el mercado de divisas es el mercado más grande y libre del mundo, lo que también hace que muchos estafadores huelan oportunidades comerciales. ¡traders, por favor no negocien con compañías que no tengan licencias regulatorias, de lo contrario será difícil recuperar el dinero que les han estafado!
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2022-11-30 18:14
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