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Startrader Review

Reviewed by Sajid Yakheen Published Updated How we rate

Try StarTrader

🛡️ Regulated: ASIC · FSCA · FSA

Since 2012 · multi-asset broker

💰 Spreads from 0.0 pips (ECN)

STP & ECN · $6 round turn

🏦 $50 Minimum Deposit

1,000+ instruments

💻 MT4 · MT5 · WebTrader

Up to 1:500 leverage*

🏦 STARTRADER at a Glance — Broker Profile & Stats

🏢 Who is STARTRADER?

Founded: ~2012
Offices: Dubai & Seychelles
Type: multi-asset CFD broker
Markets: 1,000+ instruments
Platforms: MT4, MT5, WebTrader, app
Why it matters: A multi-licensed broker with broad market access — but its regulation and review record need careful scrutiny.

🛡️ Regulation & Safety

ASIC (Australia) — tier-1
FSCA (South Africa)
FSA (Seychelles) · FSC (Mauritius)
Segregated funds (entity-dependent)
⚠ Caution: STARTRADER holds an ASIC licence, but most clients are onboarded under offshore entities (Seychelles/Mauritius) with far weaker protection. Confirm which entity you’re signing with.

⭐ Reputation Check

2.2 – 4.1 / 5
Trustpilot — heavily split across domains
startrader.com rated 2.2 (“Poor”)
startrader.international rated ~4.1
Serious withdrawal complaints reported
⚠ Caution: Several reviews report withheld deposits/profits and difficulty withdrawing (e.g. being pushed to crypto). Read the 1-star reviews carefully and test small withdrawals first.

📊 Markets & Instruments

Forex — 50+ pairs
Indices & commodities
Shares — 70+ global equities
Crypto CFDs
1,000+ instruments

💹 Account Types & Spreads

📊 STP (Standard)

Spreads from 1.3 pips
No commission
Min deposit $50
Simple cost model

🏦 ECN Account

Spreads from 0.0 pips
Commission $3 per side ($6 round turn)
Min deposit $50
For active traders
Why it matters: The ECN account’s ~$6 round turn is competitive — but only worthwhile if you can withdraw reliably.

📊 Demo

Free demo account
Practise risk-free
Test the platforms

👥 Copy Trading

Copy-trading options promoted
Follow strategy providers
Verify terms first

⚖️ Top STARTRADER Alternatives (Stronger Record)

IC Markets ★★★★★

Raw from 0.0 · $7 round turn
Regulated: ASIC, CySEC
4.8/5 on Trustpilot
Pick for: proven reliability

Read our full IC Markets review

XM ★★★★★

Low $5 entry, huge range
Regulated: ASIC, CySEC, IFSC
Strong education
Pick for: beginners

Read our full XM review

Eightcap ★★★★½

Raw from 0.0
Regulated: ASIC, FCA, CySEC
TradingView dealing
Pick for: tier-1 regulation

Read our full Eightcap review

Pepperstone ★★★★★

Razor from 0.0
Regulated: ASIC, FCA, CySEC, DFSA
cTrader + copy trading
Pick for: tier-1 + low cost

Read our full Pepperstone review

🖥️ Platforms & Tools

💻 MetaTrader 4 & 5

Industry-standard MT4/MT5
EAs & automation
Desktop, web & mobile

💻 WebTrader

Browser-based trading
No download needed
Quick access

💻 StarTrader App

Proprietary mobile app
Manage accounts on the go
Deposits & withdrawals

🏦 Funding

Cards, bank & e-wallets
Crypto options
Multiple base currencies
⚠ Caution: Some users report being pushed toward crypto withdrawals. Prefer your original payment method and document everything.

💰 Fees, Leverage & Withdrawals

💰 Spreads & Commissions

STP: from 1.3 pips, no commission
ECN: from 0.0 + $3/side ($6 round turn)
Competitive on paper
No clear published full fee schedule

📈 Leverage

Up to 1:500
Lower under ASIC retail rules
Set by entity & region
Why it matters: High leverage is available on offshore entities; ASIC-regulated clients face stricter caps.

🏦 Withdrawals

Cards, bank, e-wallets & crypto
Some report fast payouts
Others report serious difficulties
⚠ Caution: Withdrawal problems are the most common complaint — withheld funds and crypto-only payouts. Test a small withdrawal before depositing more, and keep records.

🚫 Restricted Countries

📊 Jurisdictions STARTRADER Does Not Serve

STARTRADER does not accept clients from the United States and certain restricted or sanctioned jurisdictions, which typically include:
USACanadaEU/EEAIranNorth KoreaSyria
Why it matters: Confirm your country — and which STARTRADER entity (ASIC vs offshore) you fall under — before depositing.

🎥 Video Reviews & Due Diligence

📊 Watch Both Sides Before You Trade

StarTrader review video - can you trust this broker▶StarTrader Review — Can You Trust This Broker?STARTRADER broker review video▶STARTRADER Broker ReviewStarTrader legit broker or scam video▶StarTrader — Legit Broker or Scam?StarTrader spreads ECN vs STP and fees explained video▶StarTrader — Spreads, ECN vs STP & Fees Explained

⚖️ Pros and Cons of STARTRADER

Pros
✓ Holds an ASIC licence
✓ Established since ~2012
✓ Low $50 minimum deposit
✓ ECN spreads from 0.0 + $6 round turn
✓ MT4, MT5, WebTrader & app
✓ 1,000+ instruments
✓ Some report fast withdrawals
Cons
✗ Most clients onboarded offshore (weak protection)
✗ startrader.com Trustpilot only 2.2 (“Poor”)
✗ Serious withdrawal complaints (withheld funds)
✗ Reports of crypto-only withdrawals
✗ No clear published fee schedule
✗ No US/EU clients
⚠ Risk note: STARTRADER has an ASIC licence but onboards most clients offshore, and has a poor review record with serious withdrawal complaints. Verify your entity, test a small withdrawal, and consider a stronger-rated alternative.

💰 STARTRADER Pricing & Account Plans

STARTRADER offers two account types with a low $50 entry. Conditions look competitive — but the withdrawal record is the more important factor.

AccountSpreadCommissionMin deposit
STPfrom 1.3None$50Visit Site
ECNfrom 0.0$3/side$50Visit Site

The ECN pricing is fine on paper — but with this broker, whether you can reliably withdraw matters far more than the spread.

📊 STARTRADER vs IC Markets vs XM

How does STARTRADER compare with two better-rated regulated brokers?

FeatureSTARTRADERIC MarketsXM
Raw spreadfrom 0.0from 0.0from 0.6
Min deposit$50$200$5
RegulationASIC + offshoreASIC·CySEC·FSAASIC·CySEC·DFSA
WithdrawalsMixed/complaintsReliableMostly reliable
Trustpilot2.2–4.1 (split)4.8/53.8/5

Verdict: STARTRADER’s trading conditions are competitive, but its split/poor review record and withdrawal complaints are hard to ignore. For most traders, IC Markets or XM offer similar conditions with a far stronger reliability record.

🎁 STARTRADER Review — What to Know Before You Sign Up

ASIC + offshore · $50 min
⚠ Withdrawal complaints — caution
Visit Site →
STARTRADER
Multi-asset CFD broker since 2012
ASIC + offshore · $50 min
ECN from 0.0 · 1,000+ markets
⚠ Mixed reviews — verify & test withdrawals
Visit Site →

STARTRADER is a multi-asset CFD broker founded around 2012, with offices in Dubai and Seychelles and 1,000+ instruments across forex, indices, commodities, shares and crypto. It offers STP and ECN accounts (spreads from 0.0 + $3/side), a low $50 minimum, and MT4, MT5, WebTrader and a proprietary app.

What to weigh carefully: STARTRADER holds an ASIC licence, but most clients are onboarded under offshore entities with weaker protection. Its review record is split and concerning — startrader.com sits at just 2.2/5 (“Poor”) on Trustpilot, with recurring complaints about withheld deposits and difficulty withdrawing (including being pushed to crypto-only withdrawals).

Who it might suit: experienced traders comfortable with offshore risk who verify their entity, deposit small, and confirm they can withdraw before committing more.

Bottom line: STARTRADER’s trading conditions are competitive, but the withdrawal complaints and split reviews are a real concern. For most traders, a better-rated regulated broker such as IC Markets or XM is the safer choice.

⚠ Risk warning: Trading CFDs on leverage is high-risk. Given the withdrawal complaints, test a small withdrawal early and never deposit more than you can afford to lose.

❓ Frequently Asked Questions

Key questions about STARTRADER — regulation, safety, withdrawals, fees and account types.

STARTRADER holds an ASIC (Australia) licence and is registered with the FSCA (South Africa), FSA (Seychelles) and FSC (Mauritius). However, most clients are onboarded under the offshore entities, which offer far weaker protection than ASIC.
STARTRADER is a real, multi-licensed broker, but its review record is split and concerning — startrader.com is rated only 2.2/5 on Trustpilot, with recurring withdrawal complaints. Treat it with caution and test small withdrawals first.
$50 on both the STP and ECN accounts.
The STP account offers spreads from 1.3 pips with no commission; the ECN account offers spreads from 0.0 pips with a $3-per-side commission ($6 round turn).
MetaTrader 4, MetaTrader 5, WebTrader and a proprietary StarTrader mobile app.
Up to 1:500 on its offshore entities; ASIC-regulated clients face stricter limits.
Multiple reviews report withheld deposits and profits, and difficulty withdrawing — including being pushed toward crypto-only withdrawals. Document everything and test a small withdrawal before depositing more.
1,000+ instruments including 50+ forex pairs, indices, commodities, 70+ global equities and crypto CFDs.
No. STARTRADER does not accept clients from the United States or certain restricted jurisdictions.
Better-rated, strongly-regulated brokers such as IC Markets, XM and Eightcap offer similar conditions with a far stronger reliability record.

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This site contains affiliate links. We may earn a commission when you sign up through them, at no extra cost to you. Trading is high risk — most retail traders lose money. Nothing here is investment advice.