Forex Start Review 2020

Forex Start Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
Forex Start Review Screenshot

Forex Start Guide - Read our In Depth Forex Start Review

This Forex Start review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Social trading, .

What is Forex Start?

Forex Start are an a global online financial trading platform and multi asset broker founded in 2008

Over 12 years later Forex Start has grown to offering retail investors Forex trading, CFD trading, Social trading, and trading.

Forex Start are a global broker and have a head office in USA.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Forex Start review and assess how well the Forex Start platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Forex Start can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Forex Start we breakdown the pros and cons. What Forex Start are able to offer, what countries Forex Start are available in. Who Forex Start are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Forex Start review useful.

This review of the Forex Start platform is very detailed. If you are interested in trading with Forex Start in any capacity please take the time to read and research the whole Forex Start review.

We have tried to explain the ins and outs of financial trading through the Forex Start platform as plainly as possible so that you the trader are as informed as possible before you start to use the Forex Start trading tools and depositing and withdrawing funds from Forex Start.

Benefits of trading with Forex Start

Open Forex Start's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Forex Start like Forex trading, CFD trading, Social trading, and trading. you should have confidence in Forex Start and know that the management of your financial investments on the Forex Start platform is in good hands.

At the bottom of this Forex Start review you can also learn about some pretty good alternatives to Forex Start

With this Forex Start review we hope to help you see if Forex Start is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Forex Start that will help you get off to a good start in the world of online trading.

Forex Start Review Table of Contents

Forex Start review
Forex Start is a Multi-Assets Trading Platform with over 108+ Assets

Learn more about Forex Start. Forex Start is a multi asset platform with 108+ tradable Assets. Assets available on Forex Start include Forex trading, CFD trading, Social trading, .

Forex Start trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Social trading, are considered financial assets.

Forex Start review
Features of Forex Start

Forex Start review
What you should know

Forex Start offer four ways to trade: Forex trading, CFD trading, Social trading, .

With Forex Start you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with Forex Start platform.

Forex Start are able to accommodate various levels of traders whether you are experienced or a beginner.

Forex Start review
Are Forex Start safe?

When choosing a broker like Forex Start the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years Forex Start have a head office in USA.

Forex Start is regulated. This means Forex Start are supervised by and is checked for conduct by the Commodity Futures Trading Commission (CFTC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Forex Start, this will be honored. If Forex Start violate any regulatory rules their regulated status could be stripped.

Forex Start review
Is my money safe with Forex Start?

Any payments funded to Forex Start accounts by traders are held in a segregated bank account.

For added security Forex Start use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Forex Start use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Forex Start deposited in a Tier 1 bank?

Having any money you deposit with Forex Start means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Forex Start goes out of business for some reason.

Therefore, we can safely conclude that Forex Start is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Social trading, is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Forex Start also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Forex Start. let us look at the Forex Start features in more detail.

Try creating two accounts when you are working with Forex Start. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Forex Start

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Forex Start as a Company Compare Against Other Brokers

Broker forexstart eToro IC Markets XTB
Year Established 2008 2006 2007 2002
Head Office USA Cyprus, UK Australia Poland
Regulation Commodity Futures Trading Commission (CFTC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ Forex Start users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Forex Start Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Forex Start review
Forex Start Pros and Cons

What we like about Forex Start

  • Used by over 10,000 Forex Start users and traders
  • Established in 2008
  • Regulated by Commodity Futures Trading Commission (CFTC)
  • Min. deposit from $500

What we don't like about Forex Start

Forex Start review
Forex Start Regulation and Licensing in more detail

We have checked and Forex Start is regulated and supervised by reputable organisations. You are able to check every Forex Start supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Forex Start. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Forex Start traders and provide a safe trading environment.

  • Commodity Futures Trading Commission (CFTC)

Forex Start is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Forex Start you should be sure they're legitimate online agent.

Forex Start review
Is Forex Start Global?

Yes, Forex Start is global as Forex Start is available in over 194 countries.

Forex Start is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Forex Start covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Forex Start has a total of more than 10,000 users.

Forex Start review
Forex Start Fees Explained

  • Forex Start withdrawal fees varies on payment method
  • Forex Start does charge a fee for inactive accounts.
  • Forex Start does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Forex Start Fees Compare Against Other Brokers

Broker forexstart eToro IC Markets XTB
Min Deposit 500 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

Forex Start review
Forex Start Minimum Deposit

Forex Start require a minimum desposit of 500 GBP/USD when opening an Forex Start trading account.

A minimum deposit is the minimum amount of money required by Forex Start to open a new online brokerage account with them.

Dont be scared off by brokers like Forex Start charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Forex Start review
Forex Start Withdrawal Fees

Forex Start withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Forex Start for example allow you to withdraw your funds to Bank Transfer, Credit cards, Skrill, Neteller.

Forex Start review
Forex Start Inactivity Fees

Forex Start does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Forex Start review
Forex Start Desposit Fees

Forex Start does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Forex Start review
Forex Start Commission Fees

Forex Start does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Forex Start review
What can you trade with Forex Start?

Be aware that Different entities under Forex Start Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Forex Start over 108 instruments infact.

If you are looking at trading currency pairs Forex Start offer over currency pairs.

Compare Forex Start with eToro and IC Markets below.

Your capital is at risk

How Forex Start Trading Options Compare Against Other Brokers

Broker forexstart eToro IC Markets XTB
Instruments Available 108 2000 232 4000
Platforms MT4,MT5 Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 0 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Forex Start
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Forex Start review
Trading on Forex Start web platforms and other applications

Forex Start is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

Forex Start also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See Forex Start's platforms

Forex Start review
Is the Forex Start Trading Platform Secure?

Forex Start safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Forex Start also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Forex Start.

Forex Start review
Forex Start Trading Platform Options

Once you have logged into your Forex Start account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

Forex Start does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Forex Start gives you.

Forex Start review
Forex Start MetaTrader 4 (MT4)

Forex Start MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Forex Start. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Forex Start in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Forex Start MetaTrader 4 is compatible with the latest macOS Mojave. Forex Start allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Forex Start

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Forex Start MetaTrader 4 on IOS Devices

You can download the Forex Start app or also trade with Forex Start through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Forex Start MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Forex Start provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Forex Start MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Forex Start MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Forex Start MetaTrader 4 Advanced Trading Tools

The Forex Start advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Forex Start offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Forex Start MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Forex Start MetaTrader 4 & MetaTrader 5 AutoChartist

Forex Start Autochartist provides the world's first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Forex Start review
Forex Start MetaTrader 5 (MT5)

Forex Start MetaTrader 5

MetaTrader 5 also known as MT5 is a multi asset trading platform that provides a wide range of trading features and financial research tools, MT5 also allows the use of automated trading systems (trading robots) and copy trading. New features like additional timeframes and advanced charting tools can give you a competitive advantage in the financial markets.

MetaTrader 5 was released in 2010 and is the updated version of MetaTrader 4.

MetaTrader 4 was built specifically to trade Forex and CFDs, MetaTrader 5 on the other hand facilitates trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs and Indices.

IC Markets MetaTrader 5 Instruments

IC Markets MetaTrader 5 Charting

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade Forex Start MetaTrader 5 WebTrader

Access your Forex Start MetaTrader 5 accounts from any web browser. It features a huge range of tools like additional timeframes and the most up to date technical indicators to give you all the trading resources you need to trade on and analyse the financial markets.

Forex Start review
Forex Start MT5 Buying and Selling

IC Markets MetaTrader 5 Buying and Selling

Forex Start MetaTrader 5 on IOS Devices

Forex Start MetaTrader 5 Can Operate on the and newer IOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. It's suggested that you upgrade the IOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Forex Start MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

Forex Start MetaTrader 5 on Android Devices

MetaTrader 5 for Android may be used on a Android smartphone or a tablet powered by the Android 5.0 or higher operating system. Additionally, to connect to Forex Start trading server. Take the time to understand all of the Android MetaTrader 5 features. With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place.

Forex Start Metatrader Mobile Application Features

MetaQuotes the developers of Metatrader have listened to the feedback of their millions of users and have built the most popular mobile trading platform in the world. MetaTrader features include :

  • Financial instrument quotes
  • View in depth price charts of financial instruments
  • Manage trades and open positions
  • View your trading history
  • View market news
  • MetaTrader internal messaging
  • View and research market statics of Forex Start financial instruments
  • Position opening and closing
  • Lookup symbols in the quotes section
  • Display of deals on graphs
  • Timeframe selection for graphs and charts
  • Additional vertical scaling of graphs
  • Capability to transfer accounts to other devices using QR codes
  • Information is available only if it's supplied by Forex Start
  • Access the OTP generator through FaceID or fingerprint

Forex Start MetaTrader 5 Advanced Trading Tools

Forex Start MetaTrader 5 has many advanced trading tools for the more advanced users. Understanding these tools can give you a competitive edge.

  • Depth of market bids and asks
  • Price Data
  • Margin Calculation, Futures, Forex
  • Advanced Techincal Analysis
  • One click trading
  • Spreads
  • Futures
  • Trading Reports

Forex Start Trading benefits :

  • Allows hedging
  • Offers STP

Forex Start Trading Accounts Offered :

  • Demo account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try Forex Start before I buy?

Forex Start offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Forex Start withdrawal and funding methods.

Please note that the list of Forex Start payment methods below depend on the Forex Start Entity and the Clients Country of Residence.

Forex Start offer the below funding payment methods. learn more about Forex Start

Forex Start Payment Methods

  • Forex Start accepts Bank Transfer
  • Forex Start accepts Credit cards
  • Forex Start accepts Skrill
  • Forex Start accepts Neteller
Broker forexstart eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with Forex Start?

When opening a trading account with Forex Start, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Forex Start trading platforms here.

Your capital is at risk

Performing trades with Forex Start

Forex Start allow you to execute a minimum of trade of $ 1. This may vary depending on the account you open. Forex Start allow you to execute a maxium trade of $ 16. As Forex Start offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Forex Start Leverage and Forex Start CFDs Explained

let's take a look at some of the basics of using Forex Start leverage.

Forex Start offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Forex Start leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Forex Start trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Forex Start leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Forex Start CFDs are typically used for short to medium term trades. For example Forex Start intraday trading.

Education resources at Forex Start

To trade effectively with Forex Start, it's important to get a have a good understanding of the Forex Start trading tools and the markets.

Forex Start offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Forex Start.

Take time to look around the Forex Start platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Forex Start

Forex Start support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Forex Start have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Forex Start less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Forex Start

We tested the Forex Start live chat and it works well. We sent messages to Forex Start livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Forex Start support in multiple languages in multiple countries. Forex Start where able to resolve our customer issues.

Email Support at Forex Start

We sent several emails to Forex Start and answer times overall were excellent. The fastest response from Forex Start was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Forex Start, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Forex Start.

Phone Support at Forex Start

We called Forex Start and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Forex Start phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Forex Start team by calling in varying languages. Forex Start made an effort to make sure our queries were answered.

Overall the phone support from Forex Start was okay.

See how Forex Start Support Compares Against Other Brokers

Broker forexstart eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Forex Start Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Forex Start

As Forex Start is regulated by Commodity Futures Trading Commission (CFTC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Forex Start Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Forex Start's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Forex Start you can visit the Forex Start trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.forexstart.com/ on November 22, 2020.

Forex Start review
Is Forex Start A Good Broker?

We spent over 3 months examining Forex Start in depth. Although we found some very useful aspects of the Forex Start platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Forex Start broker.

  • Forex Start have a good track record of offering Forex trading, CFD trading, Social trading, .
  • Forex Start has a history of over 12 years.
  • Forex Start has a reasonable sized customer support of at least 10.
  • Forex Start are regulated by Commodity Futures Trading Commission (CFTC). This means Forex Start fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Forex Start have regulation from a Tier 1 reputable country.
  • Forex Start has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Forex Start have an international presence in multiple countries. This includes local Forex Start seminars and training.
  • Forex Start are able to hire people from various locations in the world who can better communicate in your local language.

Forex Start Risk Disclaimer

Your capital is at risk

Forex Start review
Forex Start not quite right?

If after reading this Forex Start review, Forex Start does not fulfill your needs check out these Forex Start Alternatives.

Click here to view the best Forex Start Alternatives

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If you feel some of the above Forex Start are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Forex Start alternatives below.

Forex Start review
Related Forex Start Vs Comparisons

We have covered allot in this Forex Start review, If you want to see how Forex Start compares side by side with other brokers check out our Forex Start Vs pages.

If you would like to see how Forex Start stands up against other brokers you can read some of our Forex Start comparisons below. We compare side by side some of our top rated Forex Start versus comparisons. Read our indepth Forex Start VS pages below.

Forex Start review
FOREX START Frequently Asked Questions

Can I try Forex Start before I buy?

Forex Start offer a demo account so you can try the Forex Start platform before you put down a payment. Learn more here

What funding methods do Forex Start accept?

Please note that the list of payment methods below depend on the Forex Start Entity and the Clients Country of Residence.

Forex Start offer the following funding payment methods Bank Transfer, Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is Forex Start safe?

Forex Start are considered safe as they are regulated by and checked for conduct by the Commodity Futures Trading Commission (CFTC). Any payments funded to Forex Start accounts by traders are held in a segregated bank account. For added security Forex Start use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Forex Start trading good?

Forex Start is considered good and reputable to trade with Forex Start. Forex Start is used by over 10000 active traders and Forex Start users. Forex Start offers Forex trading, CFD trading, Social trading, and trading. Minimum deposit with Forex Start is 500.

Is Forex Start trading Legit?

Forex Start was founded in USA in 2008. Forex Start has been facilitating trade on the financial markets for over 12 years. Forex Start offers clients Forex trading, CFD trading, Social trading, and trading. All funds deposited to Forex Start are held in segregated tier 1 bank accounts for security. Forex Start is regulated by Commodity Futures Trading Commission (CFTC) so can be considered legit.

Is Forex Start a good broker?

Forex Start is overseen by the top tier financial regulators Commodity Futures Trading Commission (CFTC) so can be considered a good broker. Forex Start allows Forex trading, CFD trading, Social trading, and trading.

Is Forex Start trustworthy broker?

Forex Start can be considered trustworthy. All money funded to Forex Start is placed into a segregated tier 1 bank account. this means your money in not held by Forex Start directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Forex Start is regulated by Commodity Futures Trading Commission (CFTC).

What is the minimum deposit for Forex Start?

The minimum deposit to trade with Forex Start is 500.

How long do Forex Start withdrawals take?

Withdrawing money from Forex Start processing time varies but averages 2-5 days.

Is Forex Start regulated?

Forex Start is regulated by Commodity Futures Trading Commission (CFTC).

Is Forex Start a market maker?

Forex Start is a market maker. Stocks, currency and other commodities and instruments will be purchased by Forex Start even if no buyer is lined up.

How can I start trading with Forex Start?

When opening a trading account with Forex Start, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Forex Start trading platforms here.

Is my money safe with Forex Start?

Forex Start is regulated by Commodity Futures Trading Commission (CFTC). One of the most important criteria for traders when choosing a broker like Forex Start is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Forex Start, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Forex Start a con?

Forex Start is regulated and well established having been in business for over 12 years. Forex Start is definitely not a con.

Can you make money with Forex Start?

Although traders have had great success with Forex Start. Trading on the financial markets with Forex Start is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Forex Start have fees?

Forex Start withdrawal fees varies on payment method. Forex Start does charge a fee for inactive accounts. Forex Start does charge deposit fees.

When was Forex Start founded?

Forex Start was founded in 2008.

How many people use Forex Start?

Forex Start is used by over 10000 registered Forex Start users.

What is Forex Start Headquarters country?

Forex Start has its head quarters office in USA.

Does Forex Start offer negative balance protection?

Forex Start does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Forex Start offer guaranteed stop loss?

Forex Start does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Forex Start allow scalping?

Forex Start does not offer scalping.

Does Forex Start allow hedging?

Forex Start offers hedging.

Does Forex Start offer CFD trading?

Forex Start offers CFD trading.

Does Forex Start offer STP?

Forex Start offers STP trading.

How many people use Forex Start?

Forex Start is used by over 10000 Forex Start users and traders.

Is Forex Start an ECN broker?

Forex Start offers ECN trading.

Does Forex Start offer a demo account?

Forex Start offers a demo account.

Does Forex Start offer an Islamic account?

Forex Start offers a Islamic accounts.

What are the funding methods for Forex Start?

Forex Start accept the following funding methods : Bank Transfer, Credit cards, Skrill, Neteller.

Forex Start review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Forex Start brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Forex Start review written by Mark Hansen of Comparebrokers.co