What Account Types and Fees Does STARTRADER Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly interface, educational resources |
Suitable for small-capital practice with no experience required |
| Professional Account |
Experienced traders and institutions |
Higher leverage, access to advanced trading tools, tighter spreads |
Requires trading volume qualifications and documentation |
| Corporate Account |
Corporate clients |
Customizable services, comprehensive reporting, dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Traders adhering to Sharia law |
Swap-free trading, no overnight interest fees |
Available upon request, with necessary verification |
| Demo Account |
All traders |
No risk trading environment, practice strategies, real-time market simulation |
Free of charge, ideal for skill development |
Account Opening Process
To open an account with STARTRADER, follow these steps: first, submit your personal information, including your name, email, and phone number. Next, provide employment details and financial information to tailor the account to your needs. You will also need to complete identity verification by uploading necessary documents such as a government-issued ID and proof of address (like a utility bill). The process is designed to be straightforward, and there is flexibility in account types, allowing you to upgrade to a professional account later if you meet the eligibility criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads for GBP pairs |
| CFDs (Stocks) |
1.5 |
$4 per lot |
Varies by stock |
| CFDs (Indices) |
1.0 |
$3 per lot |
Access to major indices |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, STARTRADER may charge various other fees, including deposit and withdrawal fees, which may vary based on the payment method used. An inactivity fee may apply to accounts that remain dormant for an extended period. There are also platform usage fees, if applicable, and overnight interest (swap rates) for positions held overnight. Currency conversion fees may apply when trading in currencies different from your account currency.
