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Starfinex
Vietnam|5-10 years| https://starfinex.com/
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No valid regulatory information, please be aware of the risk!
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Star Financials Limited
Starfinex
Vietnam
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $500 |
| Minimum Spread | From 0 |
| Products | Forex,CFD,Indices,Metals and Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $6 per lot |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | $1000 |
| Minimum Spread | From 0 |
| Products | Forex,CFD,Indices,Metals and Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $16 per million USD Traded |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $100 |
| Minimum Spread | From 1.6 |
| Products | Forex,CFD,Indices,Metals and Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | $100 |
| Minimum Spread | From 2 |
| Products | Forex,CFD,Indices,Metals and Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $5 |
| Minimum Spread | From 3 |
| Products | Forex,CFD,Indices,Metals and Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
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$(USD)
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Starfinex · Company Summary
Note: Starfinex's official website: https://starfinex.com is currently inaccessible normally.
| StarfinexReview Summary | |
| Founded | / |
| Registered Country/Region | Vietnam |
| Regulation | Unregulated |
| Market Instruments | Currency pairs and CFDs on stocks, indices, spot metals and energy commodities |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | Floating around 2 pips (Standard account) |
| Trading Platform | MT4/5 |
| Min Deposit | $5 |
| Customer Support | Email: support@starfinex.com |
| Address: 9th floor, Kham Thien Building,195 Kham Thien, Dong Da, HaNoi | |
Starfinex is a forex and CFD broker registered in Vietnam, offering various currency pairs and CFDs on stocks, indices, spot metals and energy commodities trading through the MT4 and MT5 platforms. However, Starfinex operates without regulatory oversight from any reputable financial body.
Pros and Cons
| Pros | Cons |
| Diverse trading choices | Unregulated status |
| Variety of account types | Inaccessible website |
| Micro accounts offered | Wide spreads |
| Commission-free for most account types | Only email support |
| MT4 and MT5 supported | |
| Popular payment options | |
| Low minimum deposit/withdrawal | |
| No fees for deposits and withdrawals |
Is Starfinex Legit?
No, Starfinex is not regulated currently. Please be aware of the risk!
What Can I Trade on Starfinex?
Starfinex offers 62currency pairs and 15 CFDs on stocks, indices, spot metals and energy commodities.
Currency pairs: South African Rand, Turkish Lira, Singapore Dollar, Swedish Krona, Russian Rubble, Polish Zloty, Norwegian Krone, Mexican Peso, Hungarian Forint, Honk Kong Dollar, Danish Krone, Czech Krona and Chinese Yuan.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| CFDs | ✔ |
| Spot metals | ✔ |
| Energy commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Starfinex offers six live account types, including Micro, Standard, Premium, ECN Pro, PAMM and Star VIP account.
| Account Type | Min Deposit |
| Micro | $5 |
| Standard | $50 |
| Premium | $100 |
| ECN Pro | $100 |
| PAMM | $1 000 |
| Star VIP | $10 000 |
Additionally, Starfinex offers a swap-free, Islamic account, where no interest is incurred on positions left open overnight.
Leverage
Starfinex offers different maximun leverage for different account types, as follows:
| Account Type | Max Leverage |
| Micro | 1:500 |
| Standard | 1:400 |
| Premium | 1:300 |
| ECN Pro | 1:200 |
| PAMM | 1:200 |
| Star VIP | 1:200 |
Spread and Commission
Starfinex offers different spreads for different accounts, without a commission on the trade.
For the ECN Pro Account, however, Starfinex takes a commission of 6 USD per traded lot.
| Account Type | Spread | Commission |
| Micro | 3 pips, floating | ❌ |
| Standard | 2 pips, floating | ❌ |
| Premium | 1.6 pips, floating | ❌ |
| ECN Pro | Raw | 6 USD per traded lot |
| PAMM | 1 pip, floating | ❌ |
| Star VIP | Raw | ❌ |
Trading Platform
Starfinex provides traders with three trading platforms to choose from, MT4, MT5, and web-based trading platforms.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | / | Beginners |
| MT5 | ✔ | / | Experienced traders |
| Web-based | ✔ | Web | / |
Deposit and Withdrawal
Clients of Starfinex can deposit or withdraw via Visa, Mastercard, Maestro, wire transfer, Bitcoin, Skrill and Neteller. There are nowithdrawal processing fees of any kind, and the minimum withdrawal amount of just $5 is pretty negligible.
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