My opinion on StarTrader
StarTrader stands out as a well-equipped offshore broker offering low trading costs, a broad range of CFD instruments, and feature-rich MetaTrader 4/5 platforms.With competitive spreads (from 0.0 pips on ECN), $0 commission on Standard accounts, and no inactivity fees, StarTrader appeals to active traders looking for both savings and versatility.The platform supports more than 200 assets (including Forex, stocks, ETFs, indices, commodities, and 20+ crypto CFDs) and provides advanced tools such as automated trading, copy trading, and negative balance protection.Although not regulated in Canada, StarTrader holds international licenses (FSA Seychelles, CySEC, ASIC) and offers additional client fund insurance up to $1,000,000, yet Canadian users do not benefit from local investor protections.Launched in 2016, StarTrader has attracted hundreds of thousands of users globally and currently holds a 4.1/5 Trustpilot score based on 832 reviews.Relative to its competitors, StarTrader targets cost-conscious Canadian traders who want MetaTrader, copy trading, and multi-asset access at a lower entry threshold, but who are comfortable forgoing CIRO-regulated protection for offshore advantages.In my experience, StarTrader is best suited to the following types of traders:
➡️ Cost-conscious active traders: Ideal for those seeking tight spreads, zero commissions (on Standard accounts), and no inactivity fees—especially when using ECN conditions for forex and CFDs.
➡️ Copy and automated trading enthusiasts: Well-suited to users who want built-in support for automated strategies, EAs, and copy trading features directly through MT4/MT5.
➡️ Traders comfortable with offshore regulation: Best for Canadians looking to trade a broad range of assets at low cost, even if it means operating under FSA Seychelles, CySEC, or ASIC licenses without IIROC protection.
- ✅Low minimum deposit: $50 USD for Standard accounts
- ✅Commission-free trading on Standard accounts (except indices)
- ✅Ultra-tight spreads from 0.0 pips (ECN) with $7/lot commission
- ✅Over 200 CFD instruments: forex, stocks, ETFs, indices, commodities, crypto, and limited bonds
- ✅Leveraged trading up to 1:500 (forex), 1:200 (indices/commodities), 1:20 (stocks), 1:10 (crypto CFDs)
- ✅Powerful, user-friendly platforms: MT4, MT5, proprietary StarTrader app, WebTrader
- ✅Full MetaTrader automation: EAs, custom scripts, third-party bots
- ✅Native copy trading and PAMM account support
- ✅Advanced order types: market, limit, stop loss, trailing stop, OCO
- ✅Negative balance protection and 2FA security options
- ✅No inactivity, account maintenance, or deposit fees
- ✅Free, unlimited demo accounts with resettable virtual capital
- ✅24/5 multilingual customer support
- ✅Multiple deposit & withdrawal options: cards, bank, e-wallets, crypto
- ❌Not regulated in Canada; no IIROC/CIRO protection for Canadian clients
- ❌Canadian users are serviced by offshore entity—no compensation fund in case of broker default
- ❌Only CFD trading; no direct (spot) crypto buying, no fiat/crypto wallet, staking, or lending
- ❌No proof-of-reserves or cold storage for crypto (crypto is CFD-based only)
- ❌Withdrawal fees up to $30 may apply (depending on method)
- ❌Some user reviews report withdrawal delays or complications
- ❌Islamic (swap-free) accounts only available by request and may include admin fees
- ❌Asset range (200+) is broad, but smaller than top regulated brokers
- ❌No physical share or ETF ownership—CFDs only
Score- ✅Low minimum deposit: $50 USD for Standard accounts
- ✅Commission-free trading on Standard accounts (except indices)
- ✅Ultra-tight spreads from 0.0 pips (ECN) with $7/lot commission
- ✅Over 200 CFD instruments: forex, stocks, ETFs, indices, commodities, crypto, and limited bonds
- ✅Leveraged trading up to 1:500 (forex), 1:200 (indices/commodities), 1:20 (stocks), 1:10 (crypto CFDs)
- ✅Powerful, user-friendly platforms: MT4, MT5, proprietary StarTrader app, WebTrader
- ✅Full MetaTrader automation: EAs, custom scripts, third-party bots
- ✅Native copy trading and PAMM account support
- ✅Advanced order types: market, limit, stop loss, trailing stop, OCO
- ✅Negative balance protection and 2FA security options
- ✅No inactivity, account maintenance, or deposit fees
- ✅Free, unlimited demo accounts with resettable virtual capital
- ✅24/5 multilingual customer support
- ✅Multiple deposit & withdrawal options: cards, bank, e-wallets, crypto
My opinion on StarTrader
- ✅Low minimum deposit: $50 USD for Standard accounts
- ✅Commission-free trading on Standard accounts (except indices)
- ✅Ultra-tight spreads from 0.0 pips (ECN) with $7/lot commission
- ✅Over 200 CFD instruments: forex, stocks, ETFs, indices, commodities, crypto, and limited bonds
- ✅Leveraged trading up to 1:500 (forex), 1:200 (indices/commodities), 1:20 (stocks), 1:10 (crypto CFDs)
- ✅Powerful, user-friendly platforms: MT4, MT5, proprietary StarTrader app, WebTrader
- ✅Full MetaTrader automation: EAs, custom scripts, third-party bots
- ✅Native copy trading and PAMM account support
- ✅Advanced order types: market, limit, stop loss, trailing stop, OCO
- ✅Negative balance protection and 2FA security options
- ✅No inactivity, account maintenance, or deposit fees
- ✅Free, unlimited demo accounts with resettable virtual capital
- ✅24/5 multilingual customer support
- ✅Multiple deposit & withdrawal options: cards, bank, e-wallets, crypto
- ❌Not regulated in Canada; no IIROC/CIRO protection for Canadian clients
- ❌Canadian users are serviced by offshore entity—no compensation fund in case of broker default
- ❌Only CFD trading; no direct (spot) crypto buying, no fiat/crypto wallet, staking, or lending
- ❌No proof-of-reserves or cold storage for crypto (crypto is CFD-based only)
- ❌Withdrawal fees up to $30 may apply (depending on method)
- ❌Some user reviews report withdrawal delays or complications
- ❌Islamic (swap-free) accounts only available by request and may include admin fees
- ❌Asset range (200+) is broad, but smaller than top regulated brokers
- ❌No physical share or ETF ownership—CFDs only
Score- ✅Low minimum deposit: $50 USD for Standard accounts
- ✅Commission-free trading on Standard accounts (except indices)
- ✅Ultra-tight spreads from 0.0 pips (ECN) with $7/lot commission
- ✅Over 200 CFD instruments: forex, stocks, ETFs, indices, commodities, crypto, and limited bonds
- ✅Leveraged trading up to 1:500 (forex), 1:200 (indices/commodities), 1:20 (stocks), 1:10 (crypto CFDs)
- ✅Powerful, user-friendly platforms: MT4, MT5, proprietary StarTrader app, WebTrader
- ✅Full MetaTrader automation: EAs, custom scripts, third-party bots
- ✅Native copy trading and PAMM account support
- ✅Advanced order types: market, limit, stop loss, trailing stop, OCO
- ✅Negative balance protection and 2FA security options
- ✅No inactivity, account maintenance, or deposit fees
- ✅Free, unlimited demo accounts with resettable virtual capital
- ✅24/5 multilingual customer support
- ✅Multiple deposit & withdrawal options: cards, bank, e-wallets, crypto
trader
Why trust Hellosafe?
As someone who personally spent time testing StarTrader, I approached this review with a clear intention: to answer whether StarTrader is truly reliable for Canadian traders. I opened a real account, tried out its different platform options (including MetaTrader 4 and 5), checked how transparent the fees and spreads are, and even went through the customer support channels myself.
I looked at both the good and the not-so-good—such as the competitive minimum deposit and strong platform tools, but also the crucial fact that StarTrader is not regulated in Canada. To present a balanced view, I compared my experience with other big names that Canadian traders often consider, and reviewed not just my findings but also what regular users are saying, including both positive and negative experiences around withdrawals and support.
My opinion is based on spending real time using StarTrader, assessing what it offers for beginners as well as more experienced traders. All my insights are drawn from hands-on usage, user feedback, and direct comparisons with other regulated crypto and CFD brokers—not from marketing materials. I believe this approach gives you, as a Canadian trader, a transparent and experience-driven guide to making a more informed decision.
StarTrader at a Glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $50 USD (Standard), $200 USD (ECN) |
| 🛡️ Régulation | FSA (Seychelles), CySEC (Cyprus), ASIC (Australia), SVG FSA. Not regulated in Canada |
| 🪙 Licence crypto | No direct crypto licence; crypto trading via CFDs only |
| 📝 Enregistrement FSMA | Not registered with FSMA |
| 📈 Actifs disponibles | 200+ (CFDs on forex, stocks, indices, commodities, crypto, ETFs, bonds) |
| 📊 Plateformes de trading | MetaTrader 4, MetaTrader 5, StarTrader app (desktop/web/mobile), WebTrader |
| 🛠️ Outils de trading | Advanced charting, 30+ indicators, EAs, copy trading, one-click trading, economic calendar |
| 🧪 Compte démo | Free, unlimited duration, $10,000 virtual (resettable) |
| ☪️ Compte islamique | Available on request (swap-free; may include admin fees) |
| 📝 Ordres clés | Market, limit, stop loss, take profit, trailing stop, OCO, conditional orders |
| 🔧 Effet de levier | Up to 1:500 (forex), 1:200 (indices/commodities), 1:20 (stocks/ETFs), 1:10 (crypto) |
| 💸 Frais | $0 account opening/maintenance/inactivity fees; spreads from 0.0 pips; withdrawal $0–$30 |
| 📞 Support client | 24/5 live chat, email, phone; English + 20+ languages |
| 🌟 Avis Trustpilot | 4.1/5 (832 reviews, July 2025) |
Security and Regulation
StarTrader offers basic investor protection thanks to its multiple offshore licenses—FSA Seychelles, CySEC, and ASIC—which lends some credibility but does not substitute for direct Canadian regulation. Canadian clients are not protected by IIROC or CIPF, which is a meaningful limitation for anyone prioritizing regulatory security over cost or flexibility. All client funds are reportedly held in segregated accounts, and StarTrader's inclusion in the Financial Commission and Lloyd’s insurance adds a layer of safety, but these mechanisms do not fully offset the risk associated with offshore operation.
The broker does implement essential risk management tools, such as negative balance protection and two-factor authentication, aligning with industry standards. Platform accessibility and tools meet expectations for MetaTrader-based brokers, but withdrawal issues reported by some users on review platforms highlight reliability concerns, particularly in the area of fund accessibility. While day-to-day trading conditions are generally transparent, the absence of direct asset custody for crypto and a reliance on CFDs means asset protection relies primarily on the broker’s integrity and an efficient withdrawal process.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | FSA Seychelles, CySEC, ASIC, SVG FSA. Not regulated in Canada. No crypto licence. | 3/5 |
| Fund security | Segregated accounts, Financial Commission membership, Lloyd’s insurance. No direct asset custody or proof-of-reserves for crypto. | 3/5 |
| Risk management tools | Negative balance protection, 2FA, stop loss available. | 4/5 |
| Notoriety and coverage | Trustpilot 4.1/5 (832 reviews, mixed withdrawal feedback, not widely known in CA). | 3/5 |
Fees, Spreads and Commissions
StarTrader provides a transparent and competitive pricing model, especially when compared to other international CFD brokers. The Standard account offers zero commission trading, with spreads starting from 1.2–1.3 pips on major forex pairs and 0.25 points on gold—these are broadly in line with global broker averages for standard retail accounts, but not the tightest in the market. The ECN account is aimed at active or high-volume traders, providing raw spreads from 0.0 pips, but with a $7 commission per lot per side, which is moderately priced compared to top ECN competitors. This makes the ECN option logical for scalpers or day traders who require minimal spreads and are comfortable paying a fixed commission.
For stocks and ETF CFDs, the commission structure differs by account type: the Standard account charges no direct commissions, and the ECN account charges $3 per lot. Spreads on these CFDs start from 0.1%, which positions StarTrader attractively against typical retail-focused platforms, where both commissions and markups can creep higher. Importantly, there are no overnight or custody fees for stocks and ETFs—a notable advantage for cost-conscious swing traders and equity CFD investors.
Crypto CFD trading at StarTrader is straightforward, with no explicit commissions on trades and spreads starting from 0.2%. This is below average for most global CFD platforms, where spreads can exceed 0.5%, but users should factor in variable spreads during volatile windows. No custody or transfer fees apply, since crypto is offered only as a CFD.
Hidden or less-visible costs are minimal: there are no account opening, maintenance, or inactivity fees, and deposit is always free. Withdrawal fees range from $0 to $30 USD depending on method, which is in line with most offshore brokers. Currency conversion is handled by the payment provider, and rates can be variable—this is the only potential source of unpredictable cost for traders funding accounts in Canadian dollars.
What are the account-related fees?
| Fee Type | Conditions at StarTrader | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$20/month |
| Withdrawal fee | $0–$30 per transaction | $0–$30 |
| Inactivity fee | $0 | $0–$20/month |
| Currency conversion fee | Variable (by provider) | Variable |
Tip
To keep your costs low, match your trading style to the right account: ECN is usually best for high-volume trading or scalping, while the Standard account is more economical for lower-frequency, casual trading. Consider funding your account in the same currency as your trading balance to avoid currency conversion fees.
What are the fees on stocks and ETFs?
Trading stocks and ETF CFDs with StarTrader is notably cost-effective. There are no direct commissions on Standard accounts and a low $3 per lot on ECN accounts, with spreads from 0.1%. Traders benefit from zero overnight, custody, and UK stamp duty tax—well below what is charged by most European or Canadian banks offering direct equity dealing.
| Fee Type | Conditions at StarTrader | Market Average |
|---|---|---|
| Commission | $0 (Std), $3/lot (ECN) | $0–$10/trade |
| Spread fee | From 0.1% | 0.1%–0.5% |
| Overnight fee | $0 | $1–$10/day |
| Custody fee | $0 | $0–$5/month |
| UK stamp duty tax | $0 | $0–$15 (where applied) |
What are the fees on cryptocurrencies?
Crypto is only available as a CFD. There are no direct buy/sell or transfer fees, and all trading is subject to spread with no extra custody or overnight charges. With spreads starting at 0.2%, StarTrader is generally less expensive than most CFD-focused competitors for popular cryptos.
| Fee Type | Conditions at StarTrader | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | $0 | $0–$5 |
| Spread fees | From 0.2% | 0.3%–1% |
| Overnight fees | $0 | $5–$15/day (commonly applied) |
| Custody fees | $0 | $0–$10/month |
| Transfer fees | $0 | $0–$5 |
What are the fees on CFDs?
Across major asset classes, StarTrader’s spreads and leverage terms are competitive with most global CFD brokers. The ECN account delivers raw spreads, while the Standard account includes spread markups with no commission. Overnight holding fees are generally waived, unlike most industry competitors.
| Underlying Asset | Maximum Leverage | Spread at StarTrader | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 1:20 | From 0.1% | $0 | 0.2%–0.5%, $1–$10/overnight |
| Gold (XAU/USD) | 1:200 | 0.15 (ECN), 0.25 (Std) | $0 | 0.20–0.40, $3–$7 |
| Silver (XAG/USD) | 1:200 | 0.02 (ECN), 0.05 (Std) | $0 | 0.03–0.09, $2–$7 |
| Oil (WTI) | 1:200 | 0.03 (ECN), 0.05 (Std) | $0 | 0.03–0.08, $3–$8 |
| EUR/USD | 1:500 | 0.0 (ECN), 1.2–1.3 (Std) | $0 | 0.0–1.5, $5–$10/overnight |
| EUR/GBP | 1:500 | 0.2 (ECN), 1.5 (Std) | $0 | 0.2–2.0, $5–$10/overnight |
| USD/JPY | 1:500 | 0.1 (ECN), 1.3 (Std) | $0 | 0.1–1.5, $5–$10/overnight |
| GBP/USD | 1:500 | 0.2 (ECN), 1.4 (Std) | $0 | 0.2–1.8, $5–$10/overnight |
| BEL 20 (BEL20) | 1:200 | From 0.6 points | $0 | 0.8–1.5 points, $3–$12 |
| BTC/USD (crypto CFD) | 1:10 | From 0.2% | $0 | 0.5%–2%, $10–$25/overnight |
Assets & Markets
StarTrader delivers a competitive and balanced selection of asset classes, especially for those seeking multi-market CFD exposure. The platform’s strength is its breadth of CFD offerings, ranging from 100+ global equities to 50+ forex pairs, as well as access to over 20 cryptocurrencies as CFDs, including well-known tokens like BTC and ETH alongside trending altcoins. This structure gives traders flexible leverage options and trading around the clock, with both MT4/MT5 and their proprietary app available.
ETF coverage through CFDs covers the main North American and international ETFs, making it suitable for users who want broad market exposure with leverage, though direct spot ETF ownership isn't supported. In commodities, I appreciate the variety, which includes gold, silver, crude oil, and agricultural goods—suitable for macro or thematic traders. The platform also provides 15+ index CFDs, ensuring access to the world’s key equity indices for hedging or speculation.
The main limitation is the absence of true spot markets: all stock, ETF, and cryptocurrency trades are CFDs, which means no direct ownership or asset transfers. Bond trading is available but limited to a handful of major benchmarks like US Treasuries and the German Bund. There are no available NFT or staking solutions, and stablecoins can only be accessed as crypto CFD pairs, not as wallet assets. Despite these gaps, StarTrader’s derivative offering is deeper than many offshore competitors, especially for active traders prioritizing leverage and flexibility over asset custody.
| Asset Class | Type | Number at StarTrader | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFD | 100+ | 100–500+ | Apple, Tesla, HSBC, Alibaba |
| ETFs | CFD | 30+ | 20–50 | SPY, QQQ, VOO, iShares MSCI |
| Cryptocurrencies | CFD | 20+ | 15–40 | BTC/USD, ETH/USD, ADA/USD |
| Currencies | Forex (spot & CFD) | 50–60+ | 30–70 | EUR/USD, USD/JPY, GBP/CAD |
| Commodities | CFD | 10+ | 8–20 | Gold, WTI Oil, Silver, Wheat |
| Indices | CFD | 15+ | 10–25 | S&P 500, FTSE 100, DAX 40 |
| Bonds | CFD | 2–3 | 2–10 | US 10Y Treasury, German Bund |
| Stablecoins | Crypto CFD | Limited (via crypto) | 2–5 | USDT/USD, USDC/USD |
| NFTs | Not available | – | 0–2 (rare) | – |
| Other derivatives | CFD futures/options | Limited (futures) | 0–5 | S&P 500 future, Oil future |
Trading Tools & Apps
StarTrader offers a flexible platform lineup that will appeal to a range of traders, from beginners to experienced algorithmic users. The availability of MetaTrader 4 and MetaTrader 5 is a core strength: both platforms are industry benchmarks for technical analysis, charting, and automated strategy support. MT4 is ideal if the focus is on forex or simple, lightweight charting, while MT5 is more feature-rich, with multi-asset support, additional timeframes, and an embedded economic calendar.
The proprietary StarTrader app stands out for usability, with a modern interface that works across desktop, web, and mobile devices. Setting up orders and monitoring assets is straightforward thanks to intuitive navigation and clean layout. Beginners can easily launch trades, while power users benefit from asset filters, watchlists, and one-click trading.
StarTrader integrates well with copy trading and PAMM solutions, allowing users to follow or mirror strategies directly from MT4/MT5 or the in-house platform. There’s full support for Expert Advisors (EAs), custom scripts, and advanced bots—making the platform capable of high-frequency trading, backtesting, and portfolio automation to rival top global brokers. Real-time signal services and economic news feeds are included, supporting fast, data-driven decisions.
The lack of a dedicated crypto wallet, staking, or DeFi features means the platform is strictly for leveraged CFD and spot forex trading. Advanced order types (OCO, trailing stops, conditional orders) are available, but all trading is limited to the broker environment—there is no real asset custody or blockchain integration. Technical analysis capabilities are above average, with 30+ built-in indicators and easy integration with external trade scripts or TradingView export for additional charting perspectives.
| Feature | Verified Details |
|---|---|
| Mobile app (MetaTrader, TradingView, crypto app, mobile wallet) | MT4/MT5 iOS & Android, proprietary StarTrader app (desktop/web/mobile); no dedicated wallet or TradingView mobile integration |
| Usability (fluid or technical interface) | Modern, clean layout on StarTrader app; MT4/MT5 slightly dated but highly navigable |
| Compatible software (MetaTrader 4/5, TradingView, proprietary platform, API for crypto) | MT4, MT5, StarTrader web/desktop/mobile app; support for EAs, custom bots; no direct TradingView trading or crypto API |
| Order types (market, limit, stop-loss, take-profit, trailing stop, OCO orders) | Full suite: market, limit, stop-loss, take-profit, trailing stop, OCO, and more |
| Charting and technical analysis (built-in indicators, advanced tools via TradingView or crypto platform) | 30+ built-in indicators; advanced MT5 features; can export data to TradingView but no native direct charting integration |
| Auto trading / Automated strategies (Expert Advisors, bots, copy trading, API) | EAs, custom scripts, copy trading/PAMM supported via MT4/MT5 and StarTrader app |
| Algorithmic trading (custom scripts, coded strategies or AI) | Coded strategies and script integration on MT4/MT5; no built-in AI, manual code import only |
| Negative balance protection (for CFD/Forex) | Yes (applies to all account types) |
| Trading signals (via TradingView or crypto tools) | Trading signals and strategy alerts via MT4/MT5 and StarTrader app; direct TradingView not supported |
| Asset search and filters (for crypto and CFD/Forex) | Efficient multi-asset search and advanced filters on proprietary and MT5 platforms |
| Spot stock purchase (if available or CFD-only) | CFD-only (no direct spot stocks) |
| Staking and earn (for crypto brokers) | Not available |
Tip
Take advantage of the free demo environment—test out strategies and practice using order types on both the StarTrader app and MetaTrader. This allows for easy comparison, adjustment of layouts, and risk-free familiarization of automated tools before trading live.
Account Opening & Deposits
Account opening
Opening an account with StarTrader is designed to be straightforward and digital. Start by filling out the online registration form, where you set up your login credentials, provide personal details, and select your preferred account type. StarTrader requires you to upload a government-issued photo ID as well as a proof of address (such as a bank statement or utility bill) to comply with KYC regulations. You will also need to complete a brief regulatory questionnaire covering your trading experience and financial background.
Once your application and documents are submitted, StarTrader usually reviews everything within 1–2 business days. Upon approval, you receive a confirmation email allowing you to access your new account and begin depositing funds.
Choosing your base account currency
Choosing your base account currency at registration (USD or other available options) can help you minimize currency conversion fees on future deposits and withdrawals.
| Item | Details |
|---|---|
| Opening procedure | Online form, KYC/ID docs upload, regulatory questionnaire |
| Validation time | 1–2 business days after submission |
| Accepted deposit methods | Credit/debit card, bank transfer, e-wallets, crypto/stablecoins (BTC, USDT) |
| Minimum required deposit | $50 USD (Standard), $200 USD (ECN) |
| Required documents | Government-issued photo ID, proof of address |
| Practical tip | Ensure your name and address match on all documents for a faster review |
Deposits and withdrawals on StarTrader
Depositing and withdrawing from StarTrader is flexible, with multiple payment methods supported. You can fund your account via credit/debit cards, bank wire, e-wallets like Skrill or Neteller, or directly with cryptocurrencies (BTC, USDT). Deposits are typically processed instantly or within a few hours for most methods. Withdrawals can take from up to 24 hours for crypto to 1–3 business days for standard bank wires. StarTrader does not charge deposit fees, but some withdrawals may incur charges up to $30 depending on the method. There is no integrated StarTrader wallet for holding crypto or converting directly between fiat and cryptocurrencies—crypto is used only for deposits and withdrawals.
Important Checks Before Transferring Funds
Before transferring funds, always verify the minimum amounts and your chosen account currency to avoid unexpected conversion costs or delays. Check with your payment provider or bank for any extra fees on international transactions.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | USD, CAD, EUR, more | $50 | Instant–few hours | $0 |
| Bank transfer | USD, CAD, EUR, more | $50 | 1–3 business days | $0–$30 (by method) |
| E-wallets | USD, crypto, more | $50 | Instant–few hours | $0–$30 (by provider) |
| Stablecoins/crypto | BTC, USDT | $50 | Up to 24 hours | $0–$30 (by network) |
| Other local options | Local currencies (if available) | $50 | Varies | Varies |
Account Types
StarTrader is a CFD and forex broker well-suited to Canadian users looking for multi-asset access through MT4/MT5 and the broker’s proprietary platform. It offers a number of account types that cater to a range of trading needs, from beginners wanting a risk-free demo environment to experienced traders requiring raw spreads via an ECN structure. Specialist options are also available, such as swap-free Islamic accounts and professional account setups for high-volume or institutional clients. Cryptocurrencies and digital assets are only accessible as CFDs—there are currently no true staking, earn, or cold storage accounts typical of crypto-native platforms.
The following table summarizes each account type and its core features:
| Account Type | Available | Main Features |
|---|---|---|
| Demo account | ✅ | Unlimited risk-free practice, virtual funds, real platform environment |
| Standard account | ✅ | $50 USD minimum deposit, spreads from 1.2 pips, zero commission (except indices) |
| Raw ECN account | ✅ | $200 USD minimum deposit, spreads from 0.0 pips, $7/lot commission, tailored for active traders |
| Islamic account | ✅ | Swap-free (no overnight interest), available by request, may include admin fees |
| Professional account | ✅ | Higher leverage and tailored conditions for eligible professional clients |
| CFD account | ✅ | Access to 200+ CFD instruments (forex, indices, stocks, commodities, crypto, more) |
| Classic securities account | ❌ | Not available – no direct spot/ownership or non-CFD trading |
| Staking/earn account | ❌ | Not available – no crypto staking, earning, or yield products |
| Cold storage account | ❌ | Not available – crypto only via CFDs, no wallet or storage options |
| Tax-advantaged account | ❌ | Not available – no RRSP/TFSA or similar Canadian tax structures |
| Accepted base currencies | ✅ | USD, EUR, GBP, plus others depending on funding method |
Tip
Compare the commission structure and spreads of the Standard and Raw ECN accounts against your trading frequency and style. Active traders might benefit from lower raw spreads and direct market access, while less frequent traders may prefer the simplicity and no-commission structure of the Standard account.
A Comparison of StarTrader and Its Competitors
| StarTrader | IG | ActivTrades | Easybourse | |
|---|---|---|---|---|
| Minimum deposit | $50 USD (Standard), $200 USD (ECN) | $0 (Bank Wire), $250 (Card/PayPal) | $0 | Not specified for Canada |
| Number of instruments | 200+ (CFDs on Forex, Stocks, Crypto, etc.) | 17,000+ (CFDs, Stocks, Options, etc.) | 1,000+ (CFDs on Forex, Stocks, Crypto, etc.) | Not specified (Stocks, ETFs, Bonds). No CFDs |
| Spreads (examples) | EUR/USD: 0.0–1.2 pips Gold: 0.15–0.25 BTC/USD: from 0.2% | EUR/USD: from 0.6 pips Gold: from 0.3 S&P 500: from 0.6 pts | EUR/USD: from 0.5 pips Gold: from 0.2 US_500: from 0.6 pts | N/A (no CFDs or Forex) |
| Trading platforms | MT4, MT5, StarTrader App, WebTrader | Proprietary, MT4, ProRealTime | ActivTrader, MT4, MT5 | Proprietary Web & Mobile only |
| Regulation | FSA (Seychelles), CySEC, ASIC, not regulated in Canada (CIRO) | CIRO (Canada), FCA (UK), CIPF member | FCA (UK), not regulated in Canada (CIRO) | AMF (France), not regulated in Canada (CIRO) |
| Demo account | ✅ | ✅ | ✅ | ❌ |
| Copy trading | ✅ | ❌ | ❌ | ❌ |
| Read the review | Read the review IG | Read the review ActivTrades | Read the review Easybourse |
Gold: 0.15–0.25
BTC/USD: from 0.2%
Gold: from 0.3
S&P 500: from 0.6 pts
Gold: from 0.2
US_500: from 0.6 pts
Customer reviews
StarTrader has a Trustpilot rating of 4.1 out of 5, based on a total of 832 user reviews.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy and fast account setup
- Responsive customer support
- Broad selection of CFD and crypto assets
- User-friendly mobile application
- Access to copy trading and automated strategies
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Withdrawals can be delayed or complicated
- Occasional technical issues with the MT4/MT5 platforms
- Fee transparency could be improved
- No access to spot crypto or crypto wallets
- Some users mention high slippage during volatile periods
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
M. – 06/25/2025 : “I started working month ago with startrader broker, everything so smoothly, real and uptime chart, various assets available: crypto, forex, metals. Fast transfer of money.”
A.M. – 05/16/2025 : “Automated trading is offered on both MT4 and MT5. As an emotional person, I consider it a big help. I usually set up my strategy beforehand and let EAs do the rest for me.”
D.L. – 07/22/2025 : “Please don’t make this mistake. I beg anyone reading this not to make this horrible mistake. They make it virtually impossible to withdraw your funds. Honestly it’s borderline impossible.”
FAQ
Is StarTrader regulated in CA?
StarTrader is not regulated in Canada and does not hold a CIRO (formerly IIROC) licence. Canadian clients are served by its offshore entity, which is regulated by authorities such as FSA Seychelles, CySEC, ASIC, and SVG FSA. Canadian investor protections do not apply, so users should understand the risks of trading with an offshore broker.
What is the minimum deposit on StarTrader?
The minimum deposit is $50 USD for a Standard Account and $200 USD for an ECN Account. These relatively low entry requirements are designed to make the platform accessible to most traders, but requirements may vary depending on the funding method and account currency.
Does StarTrader offer a welcome bonus?
At the time of writing, StarTrader advertises a variety of periodic promotions, but these may not always include a welcome bonus. Availability of such bonuses is subject to regional restrictions and current marketing campaigns, so it is recommended to check the official website or client portal for the most up-to-date offers.
How does leverage work on StarTrader?
Leverage on StarTrader depends on the asset class. For most forex pairs, leverage of up to 1:500 is available, while indices and commodities can be traded up to 1:200, stocks and ETFs up to 1:20, and crypto CFDs up to 1:10. Using higher leverage can increase both potential gains and risks.
How does StarTrader make money?
StarTrader generates revenue primarily through spreads, commissions on ECN accounts, and overnight financing fees. In Standard Accounts, most instruments are commission-free and the broker earns from the bid-ask spread. On ECN Accounts, a fixed commission per lot is charged, especially for forex and some CFDs.
Who is behind StarTrader?
StarTrader is part of the StarTrader Group, an international brokerage with multiple regulatory entities. While the broker has global headquarters and offices in several financial jurisdictions, specific company details and leadership information can be found on its official website or through regulatory disclosures.
When was StarTrader launched?
StarTrader began its operations in 2016 and has since grown to offer a broad range of CFD products worldwide. The platform supports both MT4 and MT5, as well as a proprietary application, with continued development aimed at global traders.
Does StarTrader offer copy trading or social trading?
Yes, StarTrader offers copy trading through its MT4 and MT5 platforms as well as its proprietary app. Traders can follow strategies created by experienced investors and automatically replicate their trades, with performance-based fees paid to strategy providers.
How can I contact StarTrader’s customer service?
You can contact StarTrader’s customer support via 24/5 live chat on the website or app, email at support@startrader.com, or by international phone. Service is offered in English and several other languages, with typically quick response times during the trading week.
Does StarTrader offer any promotions or referral programs?
StarTrader periodically runs promotions and referral programs for eligible clients. These may include deposit bonuses, trading tournaments, or cashback rewards. Offers are subject to terms and conditions and may not always be available to all regions, so check the latest promotions on the official platform.
Is StarTrader regulated in CA?
StarTrader is not regulated in Canada and does not hold a CIRO (formerly IIROC) licence. Canadian clients are served by its offshore entity, which is regulated by authorities such as FSA Seychelles, CySEC, ASIC, and SVG FSA. Canadian investor protections do not apply, so users should understand the risks of trading with an offshore broker.
What is the minimum deposit on StarTrader?
The minimum deposit is $50 USD for a Standard Account and $200 USD for an ECN Account. These relatively low entry requirements are designed to make the platform accessible to most traders, but requirements may vary depending on the funding method and account currency.
Does StarTrader offer a welcome bonus?
At the time of writing, StarTrader advertises a variety of periodic promotions, but these may not always include a welcome bonus. Availability of such bonuses is subject to regional restrictions and current marketing campaigns, so it is recommended to check the official website or client portal for the most up-to-date offers.
How does leverage work on StarTrader?
Leverage on StarTrader depends on the asset class. For most forex pairs, leverage of up to 1:500 is available, while indices and commodities can be traded up to 1:200, stocks and ETFs up to 1:20, and crypto CFDs up to 1:10. Using higher leverage can increase both potential gains and risks.
How does StarTrader make money?
StarTrader generates revenue primarily through spreads, commissions on ECN accounts, and overnight financing fees. In Standard Accounts, most instruments are commission-free and the broker earns from the bid-ask spread. On ECN Accounts, a fixed commission per lot is charged, especially for forex and some CFDs.
Who is behind StarTrader?
StarTrader is part of the StarTrader Group, an international brokerage with multiple regulatory entities. While the broker has global headquarters and offices in several financial jurisdictions, specific company details and leadership information can be found on its official website or through regulatory disclosures.
When was StarTrader launched?
StarTrader began its operations in 2016 and has since grown to offer a broad range of CFD products worldwide. The platform supports both MT4 and MT5, as well as a proprietary application, with continued development aimed at global traders.
Does StarTrader offer copy trading or social trading?
Yes, StarTrader offers copy trading through its MT4 and MT5 platforms as well as its proprietary app. Traders can follow strategies created by experienced investors and automatically replicate their trades, with performance-based fees paid to strategy providers.
How can I contact StarTrader’s customer service?
You can contact StarTrader’s customer support via 24/5 live chat on the website or app, email at support@startrader.com, or by international phone. Service is offered in English and several other languages, with typically quick response times during the trading week.
Does StarTrader offer any promotions or referral programs?
StarTrader periodically runs promotions and referral programs for eligible clients. These may include deposit bonuses, trading tournaments, or cashback rewards. Offers are subject to terms and conditions and may not always be available to all regions, so check the latest promotions on the official platform.
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