StarFXTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-12 12:06

Abstract：Founded in 2012 and with headquarters in the United Kingdom, StarFX Trade is an unregulated bitcoin trading website. The website presents several investment strategies with a minimum commitment of $500. The several choices for investing in cryptocurrencies provide the main benefit. The uncontrolled condition is the main drawback since it raises serious hazards.

StarFX Trade Information

　　Founded in 2012 and with headquarters in the United Kingdom, StarFX Trade is an unregulated bitcoin trading website. The website presents several investment strategies with a minimum commitment of $500.

　　The several choices for investing in cryptocurrencies provide the main benefit. The uncontrolled condition is the main drawback since it raises serious hazards.

Pros and Cons

Pros	Cons
High returns on investment plans	Unregulated
Multiple payment options including crypto	Minimum deposit of $500
Various investment plans with different returns	Website currently inaccessible

Is StarFX Trade Legit？

　　Acting without government control, StarFX Trade is an unregulated broker. Investors are really at risk from this lack of control since it increases the likelihood of dishonest behaviour and reduces their options in case of problems.

What Can I Trade on StarFX Trade？

　　StarFX Trade offers many popular digital assets for trading, including Bitcoin, Ethereum, Litecoin, and Ripple.

Tradable Instruments	Supported
Bitcoin	✔
Ethereum	✔
Litecoin	✔
Ripple	✔
Forex	❌
Indices	❌
Commodities	❌

Account Type

　　StarFX Trade offers four types of live accounts: Starter, Silver, VIP, and Golden. They do not provide demo accounts or Islamic accounts.The account opening process is straightforward.

Account Name	Min. Deposit	Return Rate	Duration	Referral Commission	Suitable For
Starter	$500	30%	7 days	10%	Beginners
Silver	$5,000	40%	14 days	15%	Intermediate traders
VIP	$10,000	50%	30 days	20%	Advanced traders
Golden	$20,000	60%	30 days	25%	High-value investors

Deposit and Withdrawal

　　The minimum deposit is $500, with payment methods including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Western Union, and MoneyGram.

Promotion

　　Encouraging users to grow their network for extra income, StarFX Trade provides a referral system whereby users can earn a 5% commission on profits from direct referrals (Level 1) and an extra 1% on the profits of second-tier referrals (Level 2).

Customer Support

　　StarFX Trade offers 7/24 customer support through phone and email.

Contact Options	Details
Phone	+44 7537 175014
Email	support@squarefx.uk

The Bottom Line

　　Though its absence of regulatory control is a major disadvantage, StarFX Trade offers high returns with diverse investment possibilities. High-risk traders wishing to make bitcoin investments will find it most appropriate.