Brokers  /  STARTRADER

STARTRADER

Low riskForex / CFD broker
🇦🇺 Australia · 5-10 years · since 2020-05-15 · STARTRADER Limited
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STARTRADER operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
8
Low risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC, FSA
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSTARTRADER Limited
Headquarters🇦🇺 Australia
Founded2020-05-15
Years operating5-10 years
Employees0
Official websitestartrader.com
Trading conditions
Avg execution speed499.9 ms B
Avg slippage-8.1 AAA
Swap ratingA
Trading cost ratingA
Monitored traders1,011
Monitored orders148,026
Funding & instruments
Deposit methods10 · PerfectMoney, Neteller, Skrill
Withdrawal methods10 · PerfectMoney, Skrill, Neteller
Instruments60+ currency pairs700+ stocks20+ commodities25+ indices
Registered address
Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles

Regulation & licenses · 3

RegulatorLicense typeLicense No.RegionStatus
ASICMarket Making License (MM)421210AustraliaRegulated
FSCADerivatives Trading License (EP)52464South AfricaRegulated
FSADerivatives Trading License (EP)SD049SeychellesOffshore Regulation

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
STANDARD1:100010-50USDfrom 1.0--
ECN1:100010-50USDfrom 0.0--

Review analysis AI

Rating mismatch — Industry-tracker scores run far higher than real users do (gap 2.18)

STARTRADER presents a low-risk profile based on our scoring, holding licenses from ASIC, FSCA, and FSA. However, the offshore FSA license and the inconsistency in founding year are points of caution. The high leverage offered may appeal to experienced traders but carries significant risk. Overall, it appears to be a functional broker, but traders should conduct their own due diligence.

Best for
  • Traders seeking high leverage up to 1:1000
  • Traders looking for a wide range of instruments including stocks and commodities
  • Retail traders with low initial capital
Not for
  • Traders who require top-tier regulation only
  • Risk-averse traders uncomfortable with offshore regulation
Period:

Real user reviews

Where STARTRADER operates

Active across 73 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India
🇲🇦 Morocco
🇩🇪 Germany
🇮🇹 Italy
🇦🇪 United Arab Emirates
🇨🇦 Canada
🇫🇷 France
🇿🇦 South Africa Licensed
🇺🇸 United States
🇮🇪 Ireland
🇪🇸 Spain
🇻🇳 Vietnam
🇸🇪 Sweden
🇵🇭 Philippines
🇦🇹 Austria
🇧🇩 Bangladesh
🇹🇭 Thailand
🇳🇱 Netherlands
🇦🇺 Australia Licensed
🇸🇨 Seychelles Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What STARTRADER says about itself as stated by the broker · not independently verified by FXCanary

About STARTRADER

According to its website, STARTRADER was founded in 1997 and is registered in Australia. The broker describes itself as a multi-asset brokerage providing access to forex, shares, indices, metals, commodities, and ETFs.

Regulation

The broker claims to be regulated by the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Financial Services Authority (FSA) of Seychelles.

Account Types

STARTRADER offers two account types: STANDARD and ECN. Both require a minimum deposit between $10 and $50 and offer maximum leverage of 1:1000.

Instruments

The broker states it provides over 60 currency pairs, more than 700 stocks, over 20 commodities, and over 25 indices.

Social Media

STARTRADER maintains a social media presence on Facebook, Instagram, LinkedIn, and YouTube.

About STARTRADER

Company Overview

STARTRADER is a retail forex and CFD broker registered in Australia, with its operational address listed in Seychelles. The broker's official website is aszmcsus.com. According to our records, the company was established on May 15, 2020, although the broker's own marketing materials claim a founding date of 1997.

Regulation and Licensing

STARTRADER holds regulatory licenses from three jurisdictions: ASIC in Australia (Market Making License), FSCA in South Africa (Derivatives Trading License), and FSA in Seychelles (Derivatives Trading License, classified as offshore regulation). The ASIC license is a tier-1 regulation, while the FSCA and FSA are tier-2 and offshore respectively.

Account Types

The broker offers two main account types: STANDARD and ECN. Both accounts have a low minimum deposit range of $10 to $50, making them accessible to retail traders. Maximum leverage is set at 1:1000 for both accounts, which is high compared to many regulated brokers.

Trading Instruments

STARTRADER provides a diverse range of trading instruments, including over 60 currency pairs, more than 700 stocks, over 20 commodities, and over 25 indices. This broad offering caters to traders looking for variety in asset classes.

Customer Support and Social Media

The broker maintains an active presence on social media platforms including Facebook, Instagram, LinkedIn, and YouTube. These channels are often used for announcements, educational content, and community engagement.

Risk Considerations

While the broker holds multiple regulatory licenses, the Seychelles FSA license is considered offshore regulation with lower oversight. Additionally, the discrepancy in the stated founding year (1997 vs 2020) may warrant further investigation. Traders are advised to verify the broker's current regulatory status.

Overview compiled by FXCanary from regulatory records and public data. full STARTRADER review