Abstract:Starfinex is an offshore forex and CFD broker and is not currently subject to any effective regulation.
General Information & Regulation
Starfinex is an offshore forex and CFD broker and is not currently subject to any effective regulation.
Markets Instruments
Starfinex offers investors a wide range of popular trading instruments, such as Forex currency pairs, stocks, indices, spot metals, energy, CFDs on commodities.
Minimum Deposit
Starfinex platform has six different trading accounts: Micro (minimum deposit of $5), Standard (minimum deposit of $50), Premium (minimum deposit of $100), ECN Pro (minimum deposit of $100), PAMM (minimum deposit of $1,000) and Star VIP (minimum deposit of $10,000). USD). Additionally, Islamic accounts are also available for Muslim traders.
Starfinex Leverage
Tading leverage vary depending on different trading accounts. The Micro account offers the highest leverage, reaching up to 1:500, the Standard account with the leverage of up to 1:400, the Premium account offering the leverage of 1:300, and the rest of the accounts with the leverage of 1:200.
Spreads & Commissions
The spreads on Starfinex platform are floating, starting from 3 pips for Micro accounts, 2 pips for Standard accounts, 1.6 pips for Premium accounts, raw spreads for ECN Pro accounts and a commission of 6 USD per lot, 1 pip for PAMM accounts, and raw spreads for Star VIP accounts and a commission.
Trading Platforms
Starfinex provides traders with three trading platforms to choose from, MT4, MT5, and web-based trading platforms.
Deposit & Withdrawal
Starfinex platform welcomes a variety of convenient deposit and withdrawal methods, such as VISA & MasterCard credit/debit cards, standard bank transfers, and popular e-wallets such as Neteller and Skrill, Bitcoin support, etc.