StarfishFX является новозеландской брокерской компанией, которая оказывает услуги в соответствии с законом «О компаниях 1993». Она представляет обслуживание как физическим лицам, так и корпоративным клиентам, которые нуждаются в прямом выходе на международную рыночную площадку.
StarfishFX brokerage has officially registered in New Zealand and joined the Financial Dispute Resolution Program. Company representatives claim a crystal-clear reputation and a convenient, strategic location for their headquarters. Notably, international market trading began in New Zealand, soon to be expanded to Sydney, Tokyo, and other cities.
In this review, we’ll explain what makes this company special and whether it’s worth partnering with. Understanding StarfishFX’s advantages and disadvantages will help traders make an informed choice and begin trading with the industry’s best broker.
Description of the official StarfishFX website: characteristic features of the resource
The brokerage company is popular among Asian traders. It offers trading services. binary optionsand promising large profits on price differences. The official StarfishFX website contains a fair amount of information, but its design leaves much to be desired. The page features numerous awards, alongside a bright banner and several buttons.
Navigating the brokerage website is quite challenging. Not every newbie can navigate the information provided on their own; they’ll likely need the help of a professional consultant. The broker’s website contains several sections that should be familiarized with before starting a partnership.
There’s no Russian version of the website, making it significantly more difficult for Russian-speaking traders to understand the information. If a trader wants to use this broker’s services, they’ll be forced to use a translator.
The broker’s website provides detailed information on account deposit and withdrawal terms. StarfishFX offers deposits in dollars, euros, or British pounds. Money transfers can be made via bank, payment system, credit, or debit card. Deposits always incur a commission. A 4% fee is charged when using a bank card, while a bank transfer will cost $15-25.
How does cooperation with the StarfishFX broker work?
When inviting you to collaborate on the international market, the exchange broker explains the services it provides. Among the key terms of cooperation with StarfishFX are:
- The minimum deposit is $2,000. Traders won’t be able to trade with a smaller amount, and such a high starting threshold discourages many potential clients. Typically, investments in options contracts start at $25-50. A $2,000 deposit is usually required to activate a VIP account.
- The yield on options contracts is 80%. This figure is not considered the highest in the industry. Many brokers offer returns of up to 85-95% per trade. However, there is the potential for a return on investment of up to 10%.
- A novice market player is offered training on a demo account.
MetaTrader 4 is the recommended trading platform. StarfishFX claims to be regulated by a Vanuatu government agency. To verify this information, it’s helpful to visit the regulator’s website.
Does it make sense to cooperate with StarfishFX?
Very few reviews of StarfishFX are published in the Russian-language segment of the internet. The company hasn’t implemented a multilingual menu on its website, and therefore rarely attracts clients from Russia and the CIS. User comments are dominated by complaints about the trading platform. The program doesn’t respond to requests and doesn’t perform as advertised.
The company has been called a thief and a scammer. StarfishFX is accused of stealing client funds and failing to provide the services it promised. The broker is slow to fulfill its promises, focusing solely on extorting clients’ deposits. The minimum deposit is $2,000, which is considered quite large. By investing spare money, clients risk losing it forever due to the company’s fault.
Working with this company is pointless, as it leads to the loss of invested capital. Judging by online comments, StarfishFX is a scam aimed at stealing clients’ funds. Traders are complaining about the service, citing the impossibility of making money. Negative reviews of StarfishFX clearly predominate, indicating that the broker is operating illegally.
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