STARTRADER — where it wins, where it loses
STARTRADER does not currently take a column outright against this field. It loses on published spread, lapsed licence on file. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where STARTRADER takes the field outright.
Loses on
- published spread
- lapsed licence on file
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FSA Seychelles | SD049 | Seychelles | Tier 3 | STARTRADER Limited (reg. 8427362-1) | startrader.com |
| FSCA | FSP 52464 | South Africa | Tier 2 | STARTRADER International Pty Ltd | startrader.com |
| ASIC | 421210 | Australia | Tier 1 | STARTRADER Prime Global Pty Ltd (ACN 156005668) | startrader.com |
| CMA (UAE) | 20200000241 | United Arab Emirates | Tier 3 | STARTRADER Global Financial Consultation & Financial Analysis LLC | startrader.com |
| FSC Mauritius | GB24203371 | Mauritius | Tier 3 | STARTRADER Financial Markets Limited (Company No. 212229 GBC) | startrader.com |
| FCA | 821704 | United Kingdom | Tier 1no longer active | STARTRADER Broker Limited | register.fca.org.uk |
| None — Cyprus company registration (payment facilitation only) | Cyprus | Tier 3 | STARTRADER (CY) Limited (HE421001) | web.archive.org |
Checkable
Facts the comparison runs on
On the record
- STARTRADER Limited is a Securities Dealer regulated by the FSA of Seychelles under licence SD049, registration number 8427362-1, per the company's own regulation page.
- STARTRADER International Pty Ltd is a South African Financial Services Provider regulated by the FSCA under FSP number 52464.
- STARTRADER's website displays reverse-solicitation notices to visitors in Spain and Italy stating it is not licensed by the CNMV or CONSOB and that those regulators' protections do not apply.
- The company states it operates a network of licensed entities and has announced additional licences, including an SCA licence; the full current entity list was not confirmed for this record.
- The STARTRADER site is behind bot protection, so parts of the regulation page could not be read directly and were sourced from the page's indexed text.
- STARTRADER's regulation page lists five licensed entities: CMA (UAE) licence 20200000241 (Category 5, Introduction and Promotion), ASIC licence 421210 held by STARTRADER Prime Global Pty Ltd (ACN 156005668), FSCA FSP 52464, FSC Mauritius licence GB24203371 held by STARTRADER Financial Markets Limited (Company No. 212229 GBC), and FSA Seychelles SD049 (https://www.startrader.com/regulation/).
- The FSA Seychelles capital-markets register lists STARTRADER LIMITED at Block B, Room 2, No.2, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles (https://fsaseychelles.sc/regulated-entities/capital-markets).
- STARTRADER's Client Agreement (November 2023) states client money is held separate from the firm's own money in "Segregated Accounts" with an approved bank, and separately warns that the firm does not guarantee an account will not fall into a negative balance in adverse market conditions (https://www.startrader.com/pdf/STARTRADER-Client-Agreement-Nov-2023.pdf).
- STARTRADER's own press release states the broker revealed a rebrand at the beginning of 2026 under the theme 'Built on Trust. Driven by Growth.', and presented its post-rebrand vision at iFX EXPO Dubai 2026 (16 February 2026) (https://www.startrader.com/pr/startrader-trading-volume-q1-record).
- The archived STARTRADER regulation page (6 Oct 2025) lists STARTRADER Broker Limited under FCA reference 821704, while the FCA register records that this firm 'can no longer provide regulated activities and products, but previously was authorised by the FCA and/or PRA' (https://register.fca.org.uk/s/firm?id=0010X00004G4DFDQA3).
- The archived STARTRADER regulation page (6 Oct 2025) also lists STARTRADER (CY) Limited (HE421001, Limassol) as a Cyprus-registered payment-services facilitator that does not offer regulated financial products or trading services (https://web.archive.org/web/20251006043745/https://www.startrader.com/regulation/).
| Trading since | 2019 |
|---|---|
| Base | Mahé, Seychelles |
| Minimum to open | not verified |
| Leverage cap | up to 1:1000 |
| EUR/USD | not verified |
| Terminals | MT4, MT5, WebTrader, App |
| Account tiers | Demo, Standard, ECN, Prime ECN |
| Markets | Forex, Indices, Commodities, Shares, ETFs |
| Record confidence | low |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- founded
- hq
- minDeposit
- maxLeverage
- spreadEurusd
- segregatedFunds
- negativeBalanceProtection
- publiclyListed
- accountTypes
- full regulation page could not be retrieved directly
- headquarters
- negative balance protection
- founded — broker's own press-release boilerplate states founded in 2019; conflicting secondary claims exist (an Instagram post says 2013, WikiFX says 1997, Tracxn says 2022); no regulator-register incorporation date located
- minDeposit — broker's account pages publish no minimum-deposit figure per account type; its FAQ only repeats generic industry ranges ($5–$100+); the $50 figure seen on directories could not be confirmed from a primary source
- spreadEurusd — only advertised floors are published (Standard 'as low as 1.3 pips', Prime ECN 'from 0.0 pips'); no typical EUR/USD spread is stated
- negativeBalanceProtection — company page notes NBP 'does not apply to all', and the Client Agreement states no guarantee against negative balances in adverse market conditions
- seed sourceUrl https://www.startrader.com/regulation/ returns HTTP 403 to curl (bot protection) but serves full content to browsers/web fetchers — not treated as dead
- Saint Vincent and the Grenadines entity claims — not confirmed from a primary source
Costs less
Who beats STARTRADER on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.