StarkMarkets- Some Detailed Information about This Broker

General Information & Regulation

StarkMarkets says to be owned by Swissgems Ltd., a company operating out of Sofia, Bulgaria. StarkMarkets is not subject to any regulation at this stage. Please be aware of the risk.

Market Instruments

Tradable financial instruments available on the StarkMarkets include forex currency pairs, stocks, commodities, metals, as well as ETFs.

Minimum Deposit

When it comes to minimum initial deposit, the most basic account type at StarkMarkets, Bronze, has a minimum threshold of $1000, and this is quite excessive.

Leverage

StarkMarkets does not share any information about the leverage they provide, but on their platform we saw that their offer is quite generous – 1:400. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

StarkMarkets does not bother to disclose the spreads on its website，but we found out they arent good anyway. The spread on EUR/USD is fixed at 3 pips, and most fixed-spread brokers offer a spread of 2 pips, if not lower.

Trading Platform Available

StarkMarkets uses a web-based interface with charting from TradingView, and although the platform is not bad, theres no room for comparison with industry-leading software like the MetaTrader4 (MT4) or the MetaTrader5 (MT5).

Deposit & Withdrawal

StarkMarkets uses only bank wire and debit/credit cards like Visa, Mastercard, and the Russian Mir. Most brokers also use e-wallets like Skrill and Neteller, and some even allow deposits and withdrawals via Bitcoin.