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STARTRADER

Low riskForex / CFD broker
🇦🇺 Australia · 5-10 years · since 2020-05-15 · STARTRADER Limited
ASICFSAFSCA
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
3
Licenses ›
0
Withdrawal issues ›
$10
Min. deposit ›
1:1000
Max leverage ›
2
Account types ›
10/100
Scam risk ›
3
Clone sites ›
Accounts: STANDARD · 10-50USDECN · 10-50USD
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX8.56/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from STARTRADER? Our free assistant writes up your case and shows exactly what to do next →
🇺🇸
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.
10
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)2510%

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--✓
Full reviewIn-depth editorial analysis

Review analysis AI

STARTRADER operates under a patchwork of ASIC, FSCA, and Seychelles FSA licences, giving it a superficially broad regulatory profile, but the likely routing of clients through the offshore entity for high leverage undermines the stronger protections. The absence of independent reviews for the aszmcsus.com domain and a conflicting founding date raise caution flags, despite a low algorithmic risk score of 10/100.

Best for
  • experienced traders comfortable with offshore regulation
  • high-risk scalpers needing 1:1000 leverage
  • small deposit testing with low initial commitment
Not for
  • beginners seeking strong regulatory protection
  • traders who value transparent fee structures
  • anyone relying on segregated funds under a tier-1 licence
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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About STARTRADER

STARTRADER – FXCanary's Initial Look

FXCanary set out to review STARTRADER, a broker listing an Australian ASIC licence, alongside regulation in South Africa and Seychelles. Our desk examined public‑registry records for all three regulators and consulted the official domain aszmcsus.com. Independent user reviews proved unavailable, and standard web searches repeatedly returned a different broker with a similar name – a mismatch that forced us to rely almost exclusively on verified registrations and the broker’s own filings.

Why This Matters

When a broker’s public footprint is so narrow that virtually no trader commentary can be confirmed, the lack of independent corroboration itself becomes a key finding. Our review is therefore built from the ground up using regulatory disclosures and company records, avoiding any assumption from third‑party sites that refer to a separate entity.

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