Basic Information
Registered Region 
United Arab Emirates
United Arab EmiratesOperating Period
5-10 years
Company Name
STAR NET Limited
Customer Service Email Address
info@starnetfx.com
Contact Number
+442035751151
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
Star Net FX
United Arab Emirates
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
http://starnetfx.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
India 3.24Surpassed 15.60% brokers
Biz Area
Search Statistics
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Social Media Index
Contact
+44 2035751151
info@starnetfx.com
http://starnetfx.com/
Pyramid Centre - Office No 108 - Umm Hurair Rd - Oud Metha Dubai - United Arab Emirates.
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit$200
- Minimum SpreadFrom 2
- Depositing Method(12+) Neteller MASTER ETH BTC
- Withdrawal Method(12+) BTC Neteller MASTER ETH
- Minimum Position0.01
- Commission--
- ProductsForex, CFD, Metals
Updated：
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starnetfx.com
192.185.129.71Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
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Relevant Enterprises
STAR NET LIMITED(New Zealand)
Deregistered
New Zealand
Registration No. 801458
Established
Related sources Website Announcement
Employees
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 |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
MarceloD 
1-2 years
How much leverage can I get with Star Net FX?
The leverage offered by Star Net FX depends on the account type. For the Micro account, it's up to 1:400, which is quite high. For the Mini and Standard accounts, the leverage is lower at 1:200 and 1:100, respectively. Personally, I’d be cautious with higher leverage as it increases both potential profits and risks.
Broker Issues
Account
Leverage
Platform
Instruments
07-27
United States
qirhost
1-2 years
What platforms are available to trade on with Star Net FX?
Star Net FX offers MT4, MT5, a Web Platform, and a Mobile App. I personally prefer MT4 for its simplicity and reliability, but MT5 is also a great option for more experienced traders seeking advanced features. I appreciate that they give users a variety of platforms to choose from.
Broker Issues
Account
Platform
Leverage
Instruments
07-23
United States
Ahmed Harb
1-2 years
How tight are Star Net FX's spreads?
The spreads start at 0.8 pips on EUR/USD, which is pretty decent. I don't think it's the tightest spread I've seen, but it's still good for most traders. It can go up to 1.6 pips depending on the instrument, but I think it's fairly competitive overall.
Broker Issues
Fees and Spreads
07-20
United States
LoukiaCharilaou
1-2 years
What are the benefits of using Star Net FX in my opinion?
The benefits I see are the wide range of trading instruments, such as forex, stocks, and cryptocurrencies. I also appreciate that it supports popular platforms like MT4 and MT5, and the availability of demo and Islamic accounts makes it more inclusive for various traders.
Broker Issues
Regulation
07-19
United States
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