StarFX Profit Trade -Overview of Minimum Deposit, Leverage, Spreads

General Information

StarFX Profit Trade is a registered FCM and RFED with the CFTC and a member of the National Futures Association (NFA) based in the USA that provides its clients with over 250 tradable financial instruments on the industry-standard MetaTrader4 and MetaTrader5 trading platforms, as well as a choice of three different account types and 24/7 customer support service.

Market Instruments

StarFX Profit Trade advertises that it offers more than 250 trading instruments in financial markets, including forex, futures, options on futures, CFDs and other leveraged products.

Account Types

There are three live trading accounts offered by StarFX Profit Trade, namely Starter, Basic and Premium. Opening a Starter account requires the minimum initial deposit amount of $100, while the other two account types with the much higher minimum initial capital requirements of $500 and $5,000+ respectively. The maximum deposit amount of Starter and Basic accounts is $1,000 and $10,000 separately. The broker claims that traders on the Starter account can get 50% of the investment, while the Basic account with 100% investment and the Premium account with 250%.

Trading Platform Available

When it comes to trading platforms available,StarFX Profit Trade gives traders three choices: Metatrader4, Metatrader5 and cTrader. The MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option. Deposit & Withdrawal

From the logos shown at the foot of the home page on StarFX Profit Trades official website, we found that this broker seems to work with Visa, MasterCard, Maestro, Neteller, OK Pay, QIWI, Perfect Money, FasaPay, WebMoney, e-Pay, China Union Pay, Western Union, cryptocurrencies of Bitcoin and Litecoin, yet we cannot sure if these payment options are all available. The minimum deposit requirement is $200 and the minimum withdrawal amount is $0.1. Withdrawal commission fees may be applied. As for the processing time of deposit and withdrawal requests, the broker says the deposit in Bitcoin is credited automatically after 3 confirmations in the network and the waiting time can be from 10 minutes to 12 hours. While all withdrawals are processed instantly and if your withdrawals are pending, the processing time is up to 48 hours.

Customer Support

StarFX Profit Trades customer support can be reached by WhatsApp, email: support@starfx-profit.com, live chat or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Twitter, Facebook, Instagram and LinkedIn. Company address: AR_7 Jasper, AR 72641, United States.