Editor’s Verdict
Overview
Review
Headquarters | United Kingdom |
|---|---|
Year Established | 2008 |
US Persons Accepted? |
StartForex is a leading trading platform for those dealing in Forex. It is the brainchild of a group of bankers with more than 20 years' knowledge gained in the midst of a volatile market. The emphasis is on quality and service and meeting clients' current and future needs with state-of-the-art internet technology. StartForex can boast the best Forex rates as it derives its data feed from key banks, and thus, is competitive in that sense. Safety and stability are ensured to the greatest possible extent due to the nexus with leading e-commerce security companies. This organization prides itself on its customer-oriented approach which is facilitated by its able professionals that number in excess of 100 and its unique in-house software. StartForex derives its edge over others with enabling clients to trade with a mere US $100 and its competitive spreads. A 1:400 leverage is also impressive, along with the sure stop-loss and absence of commissions which are a great benefit to clients. All transactions are converted to US dollars, thus maintaining uniformity in operations. This organistaion does not deal with high-risk regions or countries and does not charge deposit fees. It has helplines the world over in various key countries. All these factors counterbalance the high risk that characterizes the Forex market. Deposits are accepted via credit, debit, wire transfer, local bank deposit and Liberty Reserve thus adding to convenience. StartForex deals at a regional, national and international level so it has a wide net. Financial health is based on socio-political and economic factors, trends and indicators. Especially with Forex, keeping abreast of the current situation is formidable particularly when one considers the macro-economic level. Interest rates, bank policy and acts of God all affect the Forex market. StartForex takes all of these into account and thus the customer does not have to worry about Forex fundamental analysis and research as it is all done for him! The StartForex Affiliates Program is a money-spinner and one of the best-paying affiliate programs available! People are realising more and more the lucrative benefits of dealing in Forex. The Forex market is the biggest financial industry today with a turnover of more than $3 trillion! Is it any wonder that more and more people are looking to be affiliates?! The advantage that affiliates have is on account of their unlimited earning potential, personalised support provided, fast safe cash payments, active incentives and vast research base. StartForex certainly is up there with the big names and is people's trading platform of choice for good sound reasons: those who join this organisation are in true danger of never leaving! And it always works to their advantage!
Trading Platform
FAQs
Does eToro or ZuluTrade offer lower pricing?
eToro maintains an above-average cost structure to compensate for the commission-free trading accounts. The EUR/USD commences with a spread of 1.0 pip, and most assets carry high mark-ups. ZuluTrade does not offer assets directly, making pricing dependent on the Forex broker supporting social trading via ZuluTrade, which remains compensated through a mark-up on the listed spreads, and traders must consider it. It is possible to achieve lower pricing via ZuluTrade versus eToro.
Is eToro or ZuluTrade safer for Forex and CFDs trading?
eToro and ZuluTrade cater to social traders since 2007 and maintain a trustworthy and secure trading environment. Trusted by millions of traders, both enjoy leadership in the social trading sector, but traders at ZuluTrade must also consider the reliability of the preferred broker. While eToro is only an online broker, since 2015, ZuluTrade is a licensed portfolio management company in the European Union (EU). ZuluTrade holds a similar license in Japan following an acquisition. Therefore, ZuluTrade maintains an edge over eToro.
What about MetaTrader and copy trading?
eToro does not offer MetaTrader and only supports its proprietary trading platform. Since ZuluTrade enables social trading via MetaTrader, it presents a more comprehensive approach and opportunities for traders, which eToro cannot match.
What are the minimum deposits for these brokers?
The minimum deposit at eToro, for most traders, is just $50. Since ZuluTrade does not accept deposits, the minimum is broker dependent. Traders will find options above and below $50, but eToro and ZuluTrade remain widely affordable to all types of traders. Traders may also consider deposit bonuses various brokers offer that support ZuluTrade.
