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StartForex Forex Broker Review
About StartForex Forex Broker
StartForex Forex Broker started their operations in 2007, under their mother company StartForex Ltd. They seemed to have good leverage, as they offered a maximum of 1:400. However, StartForex Forex Broker is not regulated by any financial institution, which raised some eyebrows in the beginning, but still attracted a good number of investors.
Notably, many current and previous clients of StartForex Forex Broker claim that they have had one or more bad experience with StartForex Forex Broker. Some claim that StartForex Forex Broker would not release their funds, due to different, un-verifiable lies. Withdrawals were very difficult, even when they traded by clean techniques.
Up until now, many clients claim that their hard earned funds have not been released by StartForex Forex Broker. Customer service support would not reply to numerous client inquiries, despite their growing apprehension and annoyance.
We do not recommend anyone to open trading accounts with StartForex Forex Broker.
Basic Broker Details
| Site | http://www.startforex.com/ |
| Country of Origin | Cyprus |
| Accepted Deposit Modes | Wire Transfer, Credit Card Funding |
| Withdrawal Method | Wire Transfer |
| Leverage | 1:400 max |
| Regulation Body | Not regulated |
| Spread | 2 pips (EUR or USD) |
| Minimum Account Requirement | $100 |
Pros of StartForex Forex Broker
* No pros, since StartForex is confirmed as scam
Cons of StartForex Forex Broker
* Confirmed scam forex trading company
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