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StarTrader logo
Higher riskCheck carefully

StarTrader broker scan

Regulation, real cost, withdrawal friction and red flags to check before you deposit. Port Louis, Mauritius · founded 2019.

FSCAFSC
0
Scan score
75/100
Commission weighted 0%
Main caution: Mainly offshore-regulated — weaker investor protection.
Best for
Low spreads
Not ideal for
Beginners

Availability varies by country and entity (not offered in US, CA, GB) — confirm before opening an account.

Research profile — we don't have a tracked partner link for StarTrader yet. Verify availability and regulation directly before depositing.

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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.

Bottom line

StarTrader has competitive all-in trading costs and solid platform and app quality, but it offers leveraged CFDs, where most retail accounts lose money. Before depositing, verify the exact legal entity, product access and withdrawal terms that apply to you — and it's worth comparing alternatives before you decide.

Worth comparing if
  • you prioritise regulation
  • you trade forex or CFDs
  • you care about cost transparency
  • you want clearer withdrawal terms
Check alternatives if
  • you want to own spot crypto, not crypto CFDs
  • you're unsure which legal entity would apply to you
  • you want non-CFD / direct investing only
Founded
2019
HQ
Port Louis, Mauritius
Min deposit
$50
Withdrawal
Within 24h

Research-based summary — informational only, not financial advice and not a safety guarantee. Verify directly before depositing.

Last updated June 2026·Spreads, fees and withdrawal times are typical/indicative and change with account type and market conditions — verify current terms with the broker before you deposit.·How we score

Scan readout

Eight signals, scored the same way

Regulation confidence66

Low confidence

Real trading cost83

Competitive all-in cost

Withdrawal friction80

Fast typical payouts

Platform fit80

MT4, MT5

Product risk36

high-risk product mix

Transparency72

Some terms need digging

Reputation signals70

Complaints & track record

Country availability82

Varies by country

Safety

Regulation snapshot

Regulation confidenceLow (66/100)
Regulators
FSCA South Africa, licence FSP 52464 (Tier 2)Corrected — verify
FSC Mauritius, licence GB24203371 (Tier 2)Corrected — verify
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 registersVerify these licences on the official regulator register before depositing — how to check.

Entity check

Which entity could apply to you?

StarTrader may onboard you through a different legal entity depending on your country — which can change your regulator and protection. Decode the entity that may apply before you deposit.

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Cost

Real cost snapshot

All-in cost score83/100
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 disclosed
All-in cost index$$··· (2/5)

Last updated June 2026·Spreads are typical published figures, not live quotes; fees can change by account type and region. Costs and charges may vary depending on the jurisdiction. — verify current terms with the broker before you deposit.·How we score

Getting paid out

Withdrawal check

Typical withdrawal speed Within 24h (Fast)
Deposit / withdrawal methodsCard, Bank transfer, Crypto, Skrill, Neteller, Local methods
VerificationIdentity verification (KYC) required before the first withdrawal.

Withdrawal rules can vary by entity, country and payment method — and regulated brokers usually return funds to your original deposit method first. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply. See how withdrawals work.

Risk

Product risk

This reflects the risk of the products offered (e.g. leveraged CFDs) — not the broker's trustworthiness. A lower-risk product label is not an endorsement of the broker.

Product risk levelHigher caution
CFD / leverage riskHigh
Max leverage (region-aware)500:1 globally. Retail leverage caps depend on the regulator and legal entity that onboards you.
Crypto CFDsOffered via CFDs — you don't own the underlying coins.
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.

Things to check

Red flags & what to verify

Neutral checks, not accusations. Confirm each one directly before funding an account.

Mainly offshore regulation — weaker investor protection
High-risk product mix (leverage / CFDs)
Very high leverage available (500:1)

Want to recognise these yourself? Try the broker red-flag detector.

Get the broker deposit checklist.

A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.

Educational checklist only — not investment advice and no trading signals. We store your email to send the checklist; no spam. See our privacy policy.

Compare

Alternatives to StarTrader

Other regulated platforms worth scanning side by side, with the single strongest reason each could be a better fit.

Exness logo

High-leverage broker known for fast, often-instant withdrawals.

0
Match
Higher riskMedium regulation

Why this fits: Stronger regulatory profile vs StarTrader. Scan it before you decide.

Real cost
$····
Withdrawal
Often instant
Min deposit
$10
Leveraged CFDs — you can lose more than you deposit.
Blueberry Markets logo

Australian ASIC-regulated raw-spread broker known for fast support.

0
Match
Higher riskMedium regulation

Why this fits: Stronger regulatory profile vs StarTrader. Scan it before you decide.

Real cost
$····
Withdrawal
Same – next day
Min deposit
$100
Leveraged CFDs — you can lose more than you deposit.
Pepperstone logo

Tier-1 regulated raw-spread broker with excellent platform choice.

0
Match
Higher riskHigh regulation

Why this fits: Stronger regulatory profile vs StarTrader. Scan it before you decide.

Real cost
$····
Withdrawal
Same – next day
Min deposit
$10
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your 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.

FAQ

StarTrader — common questions

Quick, research-based answers to what people check before depositing. Informational only — verify directly.

Is StarTrader regulated?+

StarTrader is regulated by FSCA (South Africa), FSC (Mauritius). Client funds are held in segregated accounts. Regulation can differ by the entity that onboards you. Always confirm the specific licence on the regulator's official register before depositing.

Is StarTrader a scam, or is it legitimate?+

We don't label any broker "safe", but StarTrader is a licensed operator, not an anonymous one. The bigger risk is clone scams: fraudsters copy real brokers' names and websites. Reach StarTrader only through its official domain, and verify the licence number on the regulator's own register.

Is StarTrader available in my country?+

Availability — and the legal entity that onboards you — varies by country (StarTrader does not accept US, CA, GB). The entity decides your regulator and protection. Use our entity decoder to see which entity may apply to you, and confirm it during signup.

What does it cost to trade with StarTrader?+

Typical EUR/USD spread is from 0 pips, plus about $6 commission per standard lot, with a $50 minimum deposit. Figures are indicative — confirm current pricing for your account type directly.

How long do withdrawals take at StarTrader?+

Typical withdrawal time is Within 24h. Actual speed depends on your payment method, identity verification (KYC) and the entity that holds your account. Regulated brokers usually return funds to your original deposit method first.

What leverage does StarTrader offer, and is it risky?+

Maximum leverage is around 500:1 on the global entity; retail leverage caps depend on the regulator and legal entity that onboards you. Leverage amplifies both gains and losses, and most retail CFD accounts lose money — only trade with money you can afford to lose.

Before you deposit

Before you deposit, compare StarTrader against alternatives.

Informational scan — not a safety guarantee and not financial advice. Affiliate link; we may earn a commission, which never changes the scan score. Verify availability, fees and regulation directly before depositing.

Regulation & how to verify a licence →Compare platform costs →Full StarTrader review →Broker red-flag detector →Practise in the simulator →Report an issue with StarTrader