Clarytrade
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StarTrader logo
Higher riskLow regulationwe earn

StarTrader Review (2026)

Multi-asset broker with raw-spread pricing and copy trading.

ForexCFDCrypto CFDIndicesCommodities+1
Reviewed by the Clarytrade editorial team Updated 17 Jun 2026
Real cost
83/100
$$···
Withdrawal
Within 24h
Min deposit
$50
Regulation
Low
66/100
Max leverage
500:1
global entity; retail caps depend on your regulator/entity

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.

Biggest strength: Raw-spread ECN pricing with low minimums and fast funding
Watch out: Primarily offshore-regulated — weaker investor protection

Best for

  • Low spreads
  • Copy trading
  • Emerging markets

Not best for

  • Beginners
  • Safety-first traders
  • UK/US residents
Why this score

Score breakdown

Regulation & safety · 25% weight66
Fees & all-in cost · 20% weight83
Platform & app quality · 15% weight80
Asset coverage · 10% weight76
Deposits & withdrawals · 10% weight80
Reputation & complaints · 8% weight70
Customer support · 7% weight78
Transparency · 5% weight72

Affiliate commission is weighted 0% and never affects this score.

Safety

Regulation & legal entities

Regulators
FSCA South Africa, licence FSP 52464 (Tier 2)
FSC Mauritius, licence GB24203371 (Tier 2)
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 schemeNone / 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: regulator registersConfirm licence numbers on the official register before depositing.

Cost

Fees & spreads

Real cost score (higher = cheaper all-in)
83/100
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 feeNone
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

  • Primarily offshore-regulated — weaker investor protection
  • High advertised leverage materially increases risk
Risk warning. CFDs and leveraged products are complex and high-risk. You can lose more than you deposit. Between 62% and 78% of retail CFD accounts lose money. Only trade with money you can afford to lose.

Products shown are offered as CFDs unless otherwise stated. Crypto CFDs do not provide ownership of the underlying cryptoasset. Product availability varies by region.

Reputation

Complaints & track record

A newer multi-asset broker that has grown quickly in South Africa and Southeast Asia. It holds an FSCA licence but onboards many clients via an offshore (FSC Mauritius) entity, so we score regulation cautiously.

FAQ

StarTrader — common questions

Is StarTrader regulated?

StarTrader is regulated by FSCA (South Africa), FSC (Mauritius). 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.

How we reviewed this

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.

Alternatives

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