StarFX Trade Information
Founded in 2012 and with headquarters in the United Kingdom, StarFX Trade is an unregulated bitcoin trading website. The website presents several investment strategies with a minimum commitment of $500.
The several choices for investing in cryptocurrencies provide the main benefit. The uncontrolled condition is the main drawback since it raises serious hazards.
Pros and Cons
Is StarFX Trade Legit？
Acting without government control, StarFX Trade is an unregulated broker. Investors are really at risk from this lack of control since it increases the likelihood of dishonest behaviour and reduces their options in case of problems.
What Can I Trade on StarFX Trade？
StarFX Trade offers many popular digital assets for trading, including Bitcoin, Ethereum, Litecoin, and Ripple.
Account Type
StarFX Trade offers four types of live accounts: Starter, Silver, VIP, and Golden. They do not provide demo accounts or Islamic accounts.The account opening process is straightforward.
Deposit and Withdrawal
The minimum deposit is $500, with payment methods including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Western Union, and MoneyGram.
Promotion
Encouraging users to grow their network for extra income, StarFX Trade provides a referral system whereby users can earn a 5% commission on profits from direct referrals (Level 1) and an extra 1% on the profits of second-tier referrals (Level 2).
Customer Support
StarFX Trade offers 7/24 customer support through phone and email.
The Bottom Line
Though its absence of regulatory control is a major disadvantage, StarFX Trade offers high returns with diverse investment possibilities. High-risk traders wishing to make bitcoin investments will find it most appropriate.
FAQs
Is StarFX Trade safe？
No, it operates unregulated.
Is StarFX Trade good for beginners？
No, the high minimum deposit and risks make it unsuitable.
Is StarFX Trade good for day trading？
No, it is more focused on long-term investment plans.
