Company Summary
| SDstar FX Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Comoros |
| Regulation | No regulation |
| Market Instruments | Currency Pairs, Indices, Stocks, Commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | 1.4 pips (Standard account) |
| Trading Platform | MetaTrader 5 (MT5) |
| Minimum Deposit | $100 |
| Customer Support | Email: support@sdstarfx.com |
SDstar FX Information
SDstar FX, created in 2023 and registered in the Comoros, is not subject to any recognized financial regulations. It trades currencies, indices, stocks, and commodities using the MetaTrader 5 platform, with three actual account types and a demo account for practice. While it offers high leverage of up to 1:500 and reasonable spreads, the absence of regulatory control is a problem.
Pros and Cons
| Pros | Cons |
| Offers MetaTrader 5 platform across devices | No regulation |
| Provides demo accounts for practice | No swap-free accounts |
| Multiple account types with flexible leverage options | Only email support |
Is SDstar FX Legit?
SDstar FX is not a regulated broker. It says it is registered in Comoros, but this area does not have a recognized financial authority that oversees forex or brokerage services.
Whois data show that the domain sdstarfx.com was registered on August 1, 2023, and last updated on August 7, 2024. It will expire on August 1, 2027. The domain is currently “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.
What Can I Trade on SDstar FX?
SDstar FX provides trading in several asset types, including as currency pairs, indices, stocks, and commodities.
| Tradable Instrument | Supported |
| Currency Pairs | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Cryptos | ✖ |
| Bonds | ✖ |
| Options | ✖ |
| ETFs | ✖ |
Account Type
SDstar FX offers three types of live accounts: Standard, Pro, and ECN, as well as a demo account for practice.
| Account Type | Minimum Deposit | Maximum Leverage | EUR/USD Spread | Commission | Suitable for |
| Standard | $25 | 1:500 | 1.4 pips | 0 | Beginners, small-scale traders |
| Pro | $2,500 | 1:400 | 0.9 pips | 0 | Intermediate traders seeking better pricing |
| ECN | $10,000 | 1:300 | Raw | $5 per lot | Advanced, high-volume traders |
Leverage
SDstar FX offers leverage of up to 1:500 on its Standard account, 1:400 on Pro, and 1:300 on ECN. High leverage raises the potential for enormous profits, but it also increases the danger of significant losses, particularly in volatile markets; traders should utilize leverage with caution.
SDstar FX Fees
SDstar FX's trading fees are typically consistent with industry standards, with moderate spreads on Pro and ECN accounts, however, Standard accounts have slightly higher spreads.
| Account Type | Spread (EUR/USD) | Commission |
| Standard | 1.4 pips | 0 |
| Pro | 0.9 pips | 0 |
| ECN | Raw | $5 per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 (MT5) | ✔ | Web, Windows, macOS, Android | Experienced traders |
| MetaTrader 4 (MT4) | ✖ | — | Beginners |
Deposit and Withdrawal
SDstar FX makes no mention of any deposit or withdrawal fees on its website. The minimum deposit is $100.
| Payment Method | Minimum Deposit | Processing Time |
| Crypto | $100 | Instant or a few minutes; longer on weekends/holidays |
| Wire/Bank Transfer | ||
| Google Pay | ||
| UPI ID | ||
| Cash |
Snigdha
India
SDSTAR FX /SDFX GLOBAL/WEALTH WAVE PRO all are scamming brokar they don't have to pay profit and principal it's my proof
Exposure
FX2265979438
India
withdrawal not given from 1 year. this is fully scammed. i want my money return please help me...
Exposure
Bhola3655
India
SD star principal is not withdrawing they are using very badly and them
Exposure
Mohan Jeet
India
super fast deposit and withdrawal. genuine spread .😍
Positive
FX2156348195
India
The broker house not giving any kind of withdrawal, neither Profit nor principal.
Exposure
Tapahi Mali
India
I can't principal withdrawal from sd star fx, also profit share because Dipankar Samanta is a chitar person.He is M.D of Sd Star Fx.
Exposure