StarTrader Review (2026)
Follow research updates for StarTrader →Multi-asset broker with raw-spread pricing and copy trading.
Licences: ASIC, FSCA, FSC, FSA, CMA (UAE) — the exact entity (and protection) depends on your country. See licence evidence ↓
The 60-second verdict
StarTrader scores 75/100 on our method — best suited to low spreads, copy trading, emerging markets traders, and a weaker fit if you want beginners.
Best for
- Low spreads
- Copy trading
- Emerging markets
Not best for
- Beginners
- Safety-first traders
- US/Canada residents
Score breakdown
Affiliate commission is weighted 0% and never affects this score.
Regulation & legal entities
| Regulators | ASIC — Australia, licence 421210 (Tier 1)Verified on registerchecked 2026-09-23 FSCA — South Africa, licence FSP 52464 (Tier 2)Verified on registerchecked 2026-09-23 FSC — Mauritius, licence GB24203371 (Tier 3)Corrected — verifychecked 2026-09-23 FSA — Seychelles, entity on the register (no licence number published) (Tier 3)Verified on registerchecked 2026-09-23 CMA (UAE) — United Arab Emirates, entity on the register (no licence number published) (Tier 2)Verified on registerchecked 2026-09-23 |
| Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails. | Yes |
| Compensation scheme | None / not applicable |
| Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions. | Yes, for retail clients where required/applicable by region |
Source: our licence-evidence log — status shown per licenceConfirm licence numbers on the official register before depositing.
Is StarTrader regulated? Full register check, entity by entity →
| STARTRADER Prime Global Pty Ltd | ASIC 421210 | Verified on register | 2026-09-23 |
| StarTrader International Pty LtdWas wrongly 50926 (FP Markets'). Corrected number re-read first-hand 23 September 2026: STARTRADER INTERNATIONAL PTY LTD, FSP 52464, status Authorized, registration 2022/435897/07, authorised 23 September 2022. The Products Approved panel includes Category I derivative instruments. This FSP verification does not establish a separate OTC derivatives-provider approval or the company issuing a client's CFD. | FSCA FSP 52464 | Verified on register | 2026-09-23 |
| STARTRADER Financial Markets LimitedWas wrongly GB22200717. On 23 September 2026 the FSC's own public register and detail view listed Startrader Financial Markets Limited, licence/approval date 20 August 2024, SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting); the status field reads COMPANY IS INCORPORATED. Entity and licence category confirmed, but neither view displayed GB24203371. That number remains broker-disclosed, so the historical correction is not marked re-verified. | FSC GB24203371 | Corrected — verify | 2026-09-23 |
| STARTRADER Limited | FSA Register entry ↗ | Verified on register | 2026-09-23 |
| STARTRADER Global Financial Consultation & Financial Analysis | CMA (UAE) Register entry ↗ | Verified on register | 2026-09-23 |
We corrected 2 licence records for StarTrader after checking the official register — details in our public corrections log.
Which StarTrader entity would onboard you?
The brand is not the counterparty — the legal entity on your client agreement sets your regulator, protections and terms. These are the entities we track for this broker.
| Legal entity | Regulator | Typically onboards | Protection notes |
|---|---|---|---|
| STARTRADER Prime Global Pty Ltd Australia | ASIC (Tier 1) Australian clients use STARTRADER Prime Global Pty Ltd's regional site. Confirm this company and its Australian terms on your agreement; offshore offers do not establish Australian account terms. | AU | No compensation scheme identified |
| StarTrader International Pty Ltd South Africa | FSCA (Tier 2) FSP 52464 was authorised on the FSCA register when checked 23 September 2026. Category I includes derivative instruments. This FSP check does not verify a separate OTC derivatives-provider authorisation or establish which company issues your CFD; confirm both the service provider and product counterparty in your agreement. | ZA | No compensation scheme identified |
| STARTRADER Financial Markets Limited Mauritius | FSC (Tier 3) Possible offshore Mauritius route, not a confirmed country allocation. STARTRADER also has a Seychelles entity: confirm the exact company on your agreement. The FSC register lists the investment-dealer entity; GB24203371 remains broker-disclosed because the public entry does not display that number. | Most other countries (rest-of-world default) | No compensation scheme. · No NBP |
| STARTRADER Limited Seychelles | FSA (Tier 3) Entity and startrader.com domain confirmed in the FSA capital-markets directory on 23 September 2026. SD049 is broker-disclosed; the directory publishes no SD numbers. No country allocation is established by that listing; check your client agreement. | Country mapping unconfirmed — check your agreement | No compensation scheme identified |
| STARTRADER Global Financial Consultation & Financial Analysis United Arab Emirates | CMA (UAE) (Tier 2) CMA entry CP-0001206, read 23 September 2026, lists Financial Consultations, Introduction and Promotion as Active. Its notice expressly excludes derivatives/spot-FX brokerage, portfolio management and client-order execution. Broker-disclosed licence number: 20200000241; the public entry does not display it. | Consultation, introduction and promotion only — not a trading account provider | Not applicable — no retail trading account |
See which entity likely applies to your country with the entity checker — and always confirm the entity named on your client agreement at signup.
Fees & spreads
| Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD) | from 0 pips |
| CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost. | $6 per lot |
| Minimum deposit | $50 |
| Inactivity fee | None |
| All-in cost index | $$··· (2/5) |
Figures are typical published values, not live quotes. Costs and charges may vary depending on the jurisdiction, account type and entity that holds your account.
Pros
- Raw-spread ECN pricing with low minimums and fast funding
- Copy trading plus a capable proprietary app alongside MT4/MT5
Cons
- Group licences cover different entities and activities; offshore account terms differ
- High advertised leverage materially increases risk
Products shown are offered as CFDs unless otherwise stated. Crypto CFDs do not provide ownership of the underlying cryptoasset. Product availability varies by region.
Complaints & track record
Our 23 September 2026 check confirmed the Australian AFSL and South African FSP number, plus the Seychelles entity and UAE Category 5 activities. The Mauritius register lists the investment-dealer entity but does not show the broker-disclosed GB number. The UAE company provides consultation, introduction and promotion, not trading execution. Confirm the legal company on your agreement; group licences do not all cover your account.
StarTrader — common questions
Is StarTrader regulated?
StarTrader is regulated by ASIC (Australia), FSCA (South Africa), FSC (Mauritius), FSA (Seychelles), CMA (UAE) (United Arab Emirates). Client funds are held in segregated accounts. The applicable licence and investor-protection scheme depend on the legal entity that onboards you, which varies by country — confirm the specific licence on the regulator's official register before depositing.
What is the minimum deposit at StarTrader?
StarTrader minimum deposit is $50. Deposit methods include Card, Bank transfer, Crypto, Skrill, Neteller, Local methods. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply.
How long do withdrawals take at StarTrader?
Typical withdrawal time is Within 24h. Actual speed depends on your payment method and identity verification.
Is StarTrader good for beginners?
StarTrader is better suited to traders with some experience (beginner score 74/100). Beginners may prefer a simpler, lower-risk platform.
How does Clarytrade make money from this review?
If you open an account through our link, StarTrader pays us a commission at no extra cost to you. It does not affect our score — commission is weighted 0% in our method.
This is a research-based review. We use published broker information, regulatory registers, pricing disclosures and platform documentation, scored against our published 8-criteria method— we don't claim live account testing unless stated. Figures are indicative; verify current terms with StarTrader before depositing. We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
Compare StarTrader with similar platforms
Copy trading is not intended for EU/UK/AU-based audiences
Costs and charges may vary depending on the jurisdiction
