Company Summary
| Star Net FX Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Mauritius & UAE |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, CFDs, Indices, Stocks, Cryptos |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:400 |
| EUR/USD Spread | From 0.8 pips |
| Trading Platform | MT4, MT5, Web Platform, Mobile App |
| Minimum Deposit | $200 |
| Customer Support | Phone: +442035751151 |
| Email: support@starnetfx.com | |
Star Net FX Information
Star Net FX was founded in 2018 and is registered in Mauritius and the UAE. It offers a wide range of trading instruments including forex, commodities, indices, stocks, and crypto, with leverage up to 1:400. While it provides popular platforms like MT4 and MT5 and offers demo and Islamic accounts, it is not regulated by major authorities.
Pros and Cons
| Pros | Cons |
| Wide range of trading instruments | No regulation |
| Supports MT4 and MT5 | Limited transparency on company background |
| Offers demo and Islamic accounts | High minimum deposit |
| No deposit/withdrawal fees |
Is Star Net FX Legit?
Star Net FX is not a legitimate broker. It is registered in Mauritius and the UAE but does not hold a valid regulatory license from the FSC (Mauritius), DFSA (Dubai), or any other local authority. Major global regulators like the FCA (UK), ASIC (Australia), and NFA (USA) also do not license it.
The domain starnetfx.com was registered on May 28, 2018, and will expire on May 28, 2028. It is currently in a locked status that prevents deletion, renewal, transfer, or updates.
What Can I Trade on Star Net FX?
Star Net FX offers trading in currency pairs, commodities, indices, stocks, crypto pairs, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ✖ |
| Options | ✖ |
| ETFs | ✖ |
Account Type
Star Net FX offers three types of live accounts: Micro, Mini, and Standard. Additionally, it provides demo accounts for risk-free practice and Islamic accounts for traders following Sharia law.
| Account Type | Minimum Deposit | Maximum Leverage | Spread | Suitable for |
| Micro | $200 | 1:400 | From 2 pips | Beginners, small traders |
| Mini | $1,000 | 1:200 | From 1.5 pips | Intermediate traders |
| Standard | $5,000 | 1:100 | From 1.2 pips | Experienced traders |
| Islamic Account | / | / | / | Traders needing Sharia-compliant accounts |
| Demo Account | Free | / | / | Practice, strategy testing |
Leverage
Star Net FX offers maximum leverage up to 1:400 (Micro account), 1:200 (Mini account), and 1:100 (Standard account). Note that high leverage can amplify not only profits but also losses.
Star Net FX Fees
Star Net FXs fees are about average compared to industry standards, not the cheapest, but also not the most expensive.
| Symbol | MT4 | MT5 | ||
| Minimum Spread | Typical Spread | Minimum Spread | Typical Spread | |
| EUR/USD | 0.8 | 0.9 | 0.8 | 0.9 |
| GBP/USD | 0.8 | 1 | 0.8 | 1 |
| USD/JPY | 0.9 | 1.1 | 0.9 | 1.1 |
| USD/CHF | 1 | 1.3 | 1 | 1.3 |
| AUD/USD | 1 | 1.2 | 1 | 1.2 |
| NZD/USD | 0.6 | 1.6 | 0.6 | 1.6 |
Swap Rates
Star Net FX offers Islamic accounts specifically designed for traders who follow Sharia law, featuring no interest and no swap fees. These accounts allow clients to hold overnight positions without paying or earning interest, ensuring compliance with Islamic finance principles.
Non-Trading Fees
| Non-Trading Fees | Amount |
| Deposit Fee | 0 |
| Withdrawal Fee | 0 |
| Inactivity Fee | Not mentioned |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 (MetaTrader 4) | ✔ | Desktop, Android, iOS, Web, Terminal | Beginners |
| MT5 (MetaTrader 5) | ✔ | Desktop, Android, iOS, Web, Terminal | Experienced traders |
| Web Platform | ✔ | Browser (PC, Mac, Mobile) | / |
| Mobile App (Star Net FX) | ✔ | Android, iOS | / |
Deposit and Withdrawal
Star Net FX does not charge any deposit or withdrawal fees. The minimum deposit amount is $200.
| Payment Methods | Minimum Amount | Fees | Processing Time |
| Mastercard | 50 EUR | 0 | Instant |
| Indian Net Banking | 1,500 INR | 1–5 minutes | |
| Tether TRC-20 | 50 USDT | 3–30 minutes | |
| Tether ERC-20 | |||
| India Cash | 500,000 INR | 1–3 hours | |
| Bitcoin | 0.00037 BTC | 3–30 minutes | |
| Neteller | 50 EUR | Instant | |
| PhonePe | 1,500 INR | ||
| Litecoin | 0.3 LTC | 3–30 minutes | |
| Ethereum | 0.02 ETH | ||
| Dogecoin | 230 DOGE | ||
| UPI | 1,500 INR | Instant |
