Abstract: Star Net FX was founded in 2018 and is registered in Mauritius and the UAE. It offers a wide range of trading instruments including forex, commodities, indices, stocks, and crypto, with leverage up to 1:400. While it provides popular platforms like MT4 and MT5 and offers demo and Islamic accounts, it is not regulated by major authorities.
Star Net FX Review Summary | |
Founded | 2018 |
Registered Country/Region | Mauritius & UAE |
Regulation | No regulation |
Market Instruments | Forex, Commodities, CFDs, Indices, Stocks, Cryptos |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:400 |
EUR/USD Spread | From 0.8 pips |
Trading Platform | MT4, MT5, Web Platform, Mobile App |
Minimum Deposit | $200 |
Customer Support | Phone: +442035751151 |
Email: support@starnetfx.com |
Star Net FX was founded in 2018 and is registered in Mauritius and the UAE. It offers a wide range of trading instruments including forex, commodities, indices, stocks, and crypto, with leverage up to 1:400. While it provides popular platforms like MT4 and MT5 and offers demo and Islamic accounts, it is not regulated by major authorities.
Pros | Cons |
Wide range of trading instruments | No regulation |
Supports MT4 and MT5 | Limited transparency on company background |
Offers demo and Islamic accounts | High minimum deposit |
No deposit/withdrawal fees |
Star Net FX is not a legitimate broker. It is registered in Mauritius and the UAE but does not hold a valid regulatory license from the FSC (Mauritius), DFSA (Dubai), or any other local authority. Major global regulators like the FCA (UK), ASIC (Australia), and NFA (USA) also do not license it.
The domain starnetfx.com was registered on May 28, 2018, and will expire on May 28, 2028. It is currently in a locked status that prevents deletion, renewal, transfer, or updates.
Star Net FX offers trading in currency pairs, commodities, indices, stocks, crypto pairs, and CFDs.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptos | ✔ |
Bonds | ✖ |
Options | ✖ |
ETFs | ✖ |
Star Net FX offers three types of live accounts: Micro, Mini, and Standard. Additionally, it provides demo accounts for risk-free practice and Islamic accounts for traders following Sharia law.
Account Type | Minimum Deposit | Maximum Leverage | Spread | Suitable for |
Micro | $200 | 1:400 | From 2 pips | Beginners, small traders |
Mini | $1,000 | 1:200 | From 1.5 pips | Intermediate traders |
Standard | $5,000 | 1:100 | From 1.2 pips | Experienced traders |
Islamic Account | / | / | / | Traders needing Sharia-compliant accounts |
Demo Account | Free | / | / | Practice, strategy testing |
Star Net FX offers maximum leverage up to 1:400 (Micro account), 1:200 (Mini account), and 1:100 (Standard account). Note that high leverage can amplify not only profits but also losses.
Star Net FXs fees are about average compared to industry standards, not the cheapest, but also not the most expensive.
Symbol | MT4 | MT5 | ||
Minimum Spread | Typical Spread | Minimum Spread | Typical Spread | |
EUR/USD | 0.8 | 0.9 | 0.8 | 0.9 |
GBP/USD | 0.8 | 1 | 0.8 | 1 |
USD/JPY | 0.9 | 1.1 | 0.9 | 1.1 |
USD/CHF | 1 | 1.3 | 1 | 1.3 |
AUD/USD | 1 | 1.2 | 1 | 1.2 |
NZD/USD | 0.6 | 1.6 | 0.6 | 1.6 |
Swap Rates
Star Net FX offers Islamic accounts specifically designed for traders who follow Sharia law, featuring no interest and no swap fees. These accounts allow clients to hold overnight positions without paying or earning interest, ensuring compliance with Islamic finance principles.
Non-Trading Fees
Non-Trading Fees | Amount |
Deposit Fee | 0 |
Withdrawal Fee | 0 |
Inactivity Fee | Not mentioned |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 (MetaTrader 4) | ✔ | Desktop, Android, iOS, Web, Terminal | Beginners |
MT5 (MetaTrader 5) | ✔ | Desktop, Android, iOS, Web, Terminal | Experienced traders |
Web Platform | ✔ | Browser (PC, Mac, Mobile) | / |
Mobile App (Star Net FX) | ✔ | Android, iOS | / |
Star Net FX does not charge any deposit or withdrawal fees. The minimum deposit amount is $200.
Payment Methods | Minimum Amount | Fees | Processing Time |
Mastercard | 50 EUR | 0 | Instant |
Indian Net Banking | 1,500 INR | 1–5 minutes | |
Tether TRC-20 | 50 USDT | 3–30 minutes | |
Tether ERC-20 | |||
India Cash | 500,000 INR | 1–3 hours | |
Bitcoin | 0.00037 BTC | 3–30 minutes | |
Neteller | 50 EUR | Instant | |
PhonePe | 1,500 INR | ||
Litecoin | 0.3 LTC | 3–30 minutes | |
Ethereum | 0.02 ETH | ||
Dogecoin | 230 DOGE | ||
UPI | 1,500 INR | Instant |
Pay Attention! This is a serious warning you shouldn't ignore. Check out this article and know the 5 red flags about the Mirrox that every trader must be aware of.
Only scam brokers never disclose the risks present in their trading platforms to their clients. They hide all red flags and aggressively promote their services and products. In this article, you’ll discover the 5 major warnings about FXPRIMUS that you must know before choosing this forex broker .
To celebrate its 17th anniversary, AMarkets is continuing its grand raffle. According to the report, dozens of prizes have already been awarded, and several more draws are still ahead. But one thing comes to our mind, is it trustworthy?
Saxo Bank, a leading multi-asset investment specialist, has announced a significant upgrade to its SaxoPartnerConnect platform, which it claims to empower partners with greater flexibility and precision in constructing investment models.