Forex and CFD broker

STARTRADER

Website: startrader.com (opens in a new tab) Regulatory status: Verified licence Profile updated

STARTRADER is a forex and CFD brand. Its website names STARTRADER Financial Markets Limited, an investment dealer licensed in Mauritius; STARTRADER Limited, a securities dealer licensed by the FSA in Seychelles; STARTRADER Prime Global Pty Ltd, an Australian financial services licensee formerly called CharterPrime; STARTRADER International Pty Ltd, a South African financial services provider; and STARTRADER (CY) Limited, a Cyprus company formerly called IV Markets Limited that offers no trading services. A Dubai company, STARTRADER Global Financial Consultation & Financial Analysis L.L.C, introduces UAE residents to the Mauritius company under a Category 5 licence, and the legal documents page also lists a client agreement for STARTRADER LLC of St Vincent and the Grenadines. Until late 2025 the website also named a UK company, STARTRADER Broker Limited, as FCA regulated.

Research-based assessment This profile has not completed TTI’s on-site verification and 30-day platform review. How TTI verification works

Verified licences

Regulator Licence Legal entity Register status Source
Financial Services Authority Seychelles (FSA) SD049 STARTRADER Limited Authorised Checked 26 Oct 2026 Register entry for STARTRADER Limited (opens in a new tab) 3
Australian Securities and Investments Commission (ASIC) AFSL 421210 STARTRADER Prime Global Pty Ltd Authorised Checked 26 Oct 2026 Register entry for STARTRADER Prime Global Pty Ltd (opens in a new tab) 4
Financial Sector Conduct Authority (FSCA) FSP 52464 STARTRADER International Pty Ltd Authorised Checked 26 Oct 2026 Register entry for STARTRADER International Pty Ltd (opens in a new tab) 5
Capital Market Authority (CMA) 20200000241 STARTRADER Global Financial Consultation & Financial Analysis L.L.C Authorised Checked 26 Oct 2026 Register entry for STARTRADER Global Financial Consultation & Financial Analysis L.L.C (opens in a new tab) 6

Each licence was matched on the regulator’s own register on the date shown. Unverified claims are listed under Regulation and legal entities.

Assessment summary

STARTRADER’s Seychelles, Australian, South African and UAE licences match their regulators’ records; we could not check the Mauritius licence, and STARTRADER LLC of St Vincent and the Grenadines, which has its own client agreement, holds no licence we could find. The website refuses automated requests and the Internet Archive holds no copy from the last 12 months of the client agreements, so most client protections could not be determined: the UAE introducer’s referral agreement says the Mauritius company keeps segregated client bank accounts, and the homepage advertises negative balance protection, but we could not read the terms of the companies that hold client accounts. No compensation scheme applies. STARTRADER is a member of the Financial Commission and advertises Lloyd’s insolvency cover of up to US$30 million, whose current policy we did not see. The legal documents page lists no order execution policy. Who owns the STARTRADER companies is not disclosed; the UAE register names Peter Karsten, the brand’s chief executive, as board member of the Dubai company. Regulators in Japan, Spain, France and Malaysia have warned that STARTRADER or STARTRADER LLC offered services there without authorisation.

Key positives

  • Authorisations are current and unrestricted 3456

    The four licences we could check are current, with no suspension or restriction shown.

  • Independent dispute resolution is available 181926

    Clients can take disputes to the Financial Commission, which lists STARTRADER as an active member since 31 May 2023; the commission says it is not registered as a dispute body in any jurisdiction.

  • The client agreement is available before sign-up 27

    The legal documents page links a client agreement for each of the three trading companies without requiring an account; we could not read the current versions because the site refuses automated requests.

  • Risk warnings are clear and current 110

    Every page carries a risk warning that losses can exceed the initial deposit, and none of the regulators of the companies serving international clients requires the share of losing accounts.

Key concerns

  • Warned by Japan’s Financial Services Agency for soliciting derivatives business without registration 20

    Reduced the enforcement dimension by 2 points (low severity, 1.6 years before the review).

  • Listed on the AMF’s forex blacklist 22

    Reduced the enforcement dimension by 2 points (low severity, 2.6 years before the review).

  • Spain’s CNMV warns that STARTRADER is not authorised to provide investment services 21

    Reduced the enforcement dimension by 1 points (low severity, 3.2 years before the review, counted at half weight).

  • Listed on the Securities Commission Malaysia Investor Alert List 23

    Reduced the enforcement dimension by 1 points (low severity, 4.8 years before the review, counted at half weight).

  • An investor compensation scheme applies 11718

    Not met No investor compensation scheme covers clients of the Mauritius, Seychelles or St Vincent companies. The Financial Commission’s fund only pays unpaid Financial Commission awards, and the Lloyd’s cover STARTRADER describes is insolvency insurance, not a compensation scheme.

Breakdown by dimension

Each dimension is scored from its criteria, then weighted. Dimensions without enough evidence are left out and the remaining weights are rescaled. Open a dimension to see every criterion, our rationale and the sources.

Regulatory status and licence verification 26% of score 79 out of 100

Whether the firm’s licences exist, are current and cover what it offers.

  • Partly met

    Client-facing entities appear on the regulator’s register 123456

    We matched STARTRADER Limited on the FSA’s list, STARTRADER Prime Global on ASIC’s dataset (AFSL 421210), STARTRADER International on the FSCA’s register (FSP 52464) and the Dubai company on the UAE register. We could not check the Mauritius licence, and STARTRADER LLC, which has its own client agreement, holds no licence we could find.

  • Met

    Authorisations are current and unrestricted 3456

    The four licences we could check are current, with no suspension or restriction shown.

  • Partly met

    Permissions cover the services offered 23456

    The FSA lists the Seychelles company as a securities dealer and ASIC authorises the Australian company to deal in and make a market in derivatives for retail clients, but the FSCA approves the South African company only for advice and intermediary services, the UAE company may only introduce and promote, STARTRADER LLC has no licence we could find, and we could not see the Mauritius company’s permissions.

  • Partly met

    Regulatory claims on the website are accurate 13456789

    The Seychelles, Australian, South African and UAE licences STARTRADER lists match the registers; we could not confirm the Mauritius licence. In March 2026 the sign-up page still claimed six global licences, after the FCA-regulated UK company it had named in 2025 had disappeared from the footer, and we could not find that company’s reference (821704) on the FCA’s list of authorised investment firms.

  • Partly met

    Clients can tell which regulated entity serves them 121011

    The footer names the licensed companies but says only that clients are assigned to one according to their location, and the legal page lists client agreements for three companies, including STARTRADER LLC, which the footer does not mention. The UAE site does say that UAE clients contract with the Mauritius company, and the STARprime site that the same company serves institutions.

Criteria and their weighting are explained in the methodology.

Corporate transparency and ownership 13% of score 43 out of 100

Whether you can find out who owns and runs the firm.

  • Partly met

    Legal entity details are published 12361213

    The footer gives names, registration numbers and addresses for the Mauritius, Seychelles, Australian, South African and Cyprus companies, and the Australian and Cyprus registries confirm those companies’ numbers and former names, but the site gives nothing for STARTRADER LLC, and the Seychelles and UAE addresses differ from their registers.

  • Not determined

    Ultimate ownership can be identified 114

    We found no disclosure or registry that names the owners of the STARTRADER companies. Companies House shows only that the former UK company belongs to Brownstone Global Limited of the British Virgin Islands.

  • Not met

    Group structure is explained 12

    The website calls STARTRADER the brand of a network of licensed entities but does not say how the companies are owned or related, or name a parent company.

  • Partly met

    Directors or senior managers are identified 5615

    The UAE register names Peter Karsten, whom the press describes as STARTRADER’s chief executive, as board member and manager of the Dubai company, with its accredited staff, and the FSCA register names the South African company’s compliance officer. We found no directors named for the Mauritius, Seychelles or St Vincent companies.

  • Not met

    Financial statements are available 12

    We found no financial statements for any of the companies that serve clients.

Criteria and their weighting are explained in the methodology.

Client fund protections and disclosed safeguards 13% of score 35 out of 100

What protects client money if something goes wrong.

  • Partly met

    Client money segregation is disclosed 216

    The UAE introducer’s referral agreement says the Mauritius company maintains segregated client bank accounts separate from company funds. We could not read the client agreements of the Mauritius, Seychelles or St Vincent companies, which would set out how client money is held.

  • Not determined

    Retail clients have negative balance protection 12

    The homepage lists negative balance protection among the features of the Standard and ECN accounts, but we could not read the client agreements that would set out its terms, and the risk warning says losses may exceed the initial deposit.

  • Not met

    An investor compensation scheme applies 11718

    No investor compensation scheme covers clients of the Mauritius, Seychelles or St Vincent companies. The Financial Commission’s fund only pays unpaid Financial Commission awards, and the Lloyd’s cover STARTRADER describes is insolvency insurance, not a compensation scheme.

  • Not met

    Banking and custody arrangements are disclosed 1619

    We found no bank or custodian named for client money; the UAE referral agreement refers only to “authorized institutions”.

  • Not determined

    Withdrawal terms are disclosed 2

    The legal page links a deposit and withdrawal policy, but we could not read it, and the funding page has no copy from the last 12 months.

Criteria and their weighting are explained in the methodology.

Enforcement and substantiated adverse findings 13% of score 94 out of 100

Regulator warnings, enforcement actions and final legal findings on record.

Starts at 100 and loses points for each substantiated adverse finding by severity and age. Allegations, complaints and clone warnings never count. Total deducted: 6 points.

  • Met

    Warning lists and enforcement records have been searched 2021222324

    We searched CySEC, FCA, CVM, CNMV, AMF, SFC and Alberta records and the Indian, Malaysian and Japanese lists, and ran web searches. We found the Japanese, Spanish, French and Malaysian entries.

  • Regulator warning

    Warned by Japan’s Financial Services Agency for soliciting derivatives business without registration 20

    26 Mar 2025. Reduced the enforcement dimension by 2 points (low severity, 1.6 years before the review).

  • Regulator warning

    Spain’s CNMV warns that STARTRADER is not authorised to provide investment services 21

    31 Jul 2023. Reduced the enforcement dimension by 1 points (low severity, 3.2 years before the review, counted at half weight).

  • Regulator warning

    Listed on the AMF’s forex blacklist 22

    3 Apr 2024. Reduced the enforcement dimension by 2 points (low severity, 2.6 years before the review).

  • Regulator warning

    Listed on the Securities Commission Malaysia Investor Alert List 23

    1 Jan 2022. Reduced the enforcement dimension by 1 points (low severity, 4.8 years before the review, counted at half weight).

Criteria and their weighting are explained in the methodology.

Complaint handling and documented resolutions 8% of score 89 out of 100

How the firm handles complaints, and what independent records show.

  • Partly met

    A complaints procedure is published 225

    The UAE company publishes a complaints policy with contact addresses and response times of seven working days for acknowledgement and 30 for a reply. The complaints policy for clients of the trading companies is linked from the legal page, but we could not read it.

  • Met

    Independent dispute resolution is available 181926

    Clients can take disputes to the Financial Commission, which lists STARTRADER as an active member since 31 May 2023; the commission says it is not registered as a dispute body in any jurisdiction.

  • Not determined

    Independent complaint outcomes show no adverse pattern 24

    We found no published ombudsman or dispute-body decisions about the STARTRADER companies.

  • Not determined

    Complaint data is disclosed 24

    STARTRADER publishes no complaint statistics. The Australian company could appear in AFCA’s published complaint data, which we could not read because the site blocks automated requests.

Criteria and their weighting are explained in the methodology.

Trading terms and operational transparency 8% of score 69 out of 100

Whether costs, execution and risks are disclosed before you sign up.

  • Partly met

    Costs are disclosed before account opening 12728

    STARTRADER publishes spreads from 0.0 pips, the Prime ECN commission of USD 2 per lot per side and says Standard accounts pay no commission except on indices, but we found no swap rates, currency conversion or inactivity fees in pages we could read.

  • Not met

    An order execution policy is published 2

    The legal documents page lists no order execution policy or conflicts of interest policy, and we found no named execution venues or counterparties.

  • Met

    The client agreement is available before sign-up 27

    The legal documents page links a client agreement for each of the three trading companies without requiring an account; we could not read the current versions because the site refuses automated requests.

  • Partly met

    Leverage and margin terms are disclosed 128

    The forex page offers leverage of up to 1:1000, lower in some regions, but we found no margin call or stop-out levels or any breakdown by company.

  • Met

    Risk warnings are clear and current 110

    Every page carries a risk warning that losses can exceed the initial deposit, and none of the regulators of the companies serving international clients requires the share of losing accounts.

Criteria and their weighting are explained in the methodology.

Public disclosures and communication 4% of score 75 out of 100

Whether public claims hold up and the firm communicates openly.

  • Partly met

    Marketing claims are accurate and attributable 271718

    STARTRADER calls itself one of the world’s fastest-growing brokerages without a source and advertises US$30 million of Lloyd’s cover whose current policy it does not show, and in March 2026 it still claimed six global licences. The Financial Commission membership it describes is confirmed.

  • Partly met

    An address and working contact channels are published 1361029

    The contact page gives only email and live chat, with no telephone number or address, though the footer and the UAE site give registered addresses and a Dubai telephone number. The Seychelles address differs from the FSA register and the UAE address on startrader.com differs from the CMA register.

  • Partly met

    Material changes are communicated 8161930

    STARTRADER publishes dated notices on trading hours, leverage and maintenance, and the UAE agreement binds clients to changes ten days after notice, but we found no notice when the UK company stopped being named or when the South African address changed.

Criteria and their weighting are explained in the methodology.

On-site office verification 5% of score 0 out of 100

What our visit confirmed in person: a real, staffed office of the assessed entity, not a ghost address.

We have not checked this firm’s office in person, so this dimension scores zero. We check offices through our on-site verification programme.

  • Not met

    Real office at the stated address, not a ghost address

  • Not met

    Office of the assessed entity

  • Not met

    Staffed and operating

Criteria and their weighting are explained in the methodology.

On-site assessment and platform testing 10% of score Not assessed: no on-site assessment yet

What our on-site checks and 30-day platform testing found.

We have not completed an on-site assessment of this firm, so this dimension does not count and its weight is shared among the others.

  • Not determined

    Company identity

  • Not determined

    Regulatory claims

  • Not determined

    Office visit

  • Not determined

    Account opening

  • Not determined

    Platform usability

  • Not determined

    Costs and disclosures

  • Not determined

    Customer support

  • Not determined

    Deposits and withdrawals

  • Not determined

    Trading functions

  • Not determined

    Complaints process

Criteria and their weighting are explained in the methodology.

Regulation and legal entities

A brand can trade through several companies, each licensed in a different place with different protections. Check which entity your account would be with.

STARTRADER Financial Markets Limited

Client-facing entity · Incorporated in Mauritius · Company number 212229 GBC · Contracts with UAE residents introduced by the Dubai company, and has its own client agreement on the legal documents page; also trades with institutions as STARprime

Financial Services Commission, Mauritius (FSC) · Reference GB24203371 1

Investment dealer (full service dealer, excluding underwriting), as stated by STARTRADER

Stated by STARTRADER. The FSC Mauritius website and register put automated requests through a bot check, so we did not read them.

Claimed by the firm, not yet verified

STARTRADER Limited

Client-facing entity · Incorporated in Seychelles · Company number 8427362-1 · Has its own client agreement on the legal documents page; the website does not say which clients it serves

Financial Services Authority Seychelles (FSA) · Reference SD049 3

Securities dealer

Listed by the FSA as a securities dealer; the licence number is STARTRADER’s own (the register shows none).

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

STARTRADER LLC

Client-facing entity · Incorporated in St. Vincent & Grenadines · Has its own client agreement and privacy policy on the legal documents page; the website footer does not name it

No licence recorded for this entity.

STARTRADER Prime Global Pty Ltd

Client-facing entity · Incorporated in Australia · Company number ACN 156 005 668 · Australian residents, whom the global site sends to a STARTRADER website operated by this company; we could not identify or read that site

Australian Securities and Investments Commission (ASIC) · Reference AFSL 421210 4

Advice on, dealing in and making a market in derivatives and foreign exchange contracts, for retail and wholesale clients

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

STARTRADER International Pty Ltd

Client-facing entity · Incorporated in South Africa · Company number 2022/435897/07 · Named in the footer as regulated by the FSCA; we found no document saying which clients it serves

Financial Sector Conduct Authority (FSCA) · Reference FSP 52464 5

Category I: advice and intermediary services, including derivative instruments and shares

Authorised since 23 September 2022. The FSP register covers advice and intermediary services; we did not check the separate list of authorised over-the-counter derivative providers.

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

STARTRADER Global Financial Consultation & Financial Analysis L.L.C

Other · Incorporated in United Arab Emirates · Introduces and promotes in the UAE only, referring clients to the Mauritius company; may not broker trades or hold client money

Capital Market Authority (CMA) · Reference 20200000241 6

Category 5: financial consultations, introduction and promotion

The register shows the company (CP-0001206), established on 10 December 2024, and its consultation, introduction and promotion licences as active but does not display a licence number; 20200000241 is the number STARTRADER gives.

Check the register entry yourself (opens in a new tab)

Authorised Verified on register, 26 Oct 2026

STARTRADER (CY) Limited

Other · Incorporated in Cyprus · Company number HE 421001 · Offers no regulated products or trading services, according to the website; in 2025 it described it as providing payment services to the group

No licence recorded for this entity.

STARTRADER Broker Ltd

Other · Incorporated in United Kingdom · Company number 11380134 · Former UK company: named on the regulation page in October 2025 as FCA regulated, but no longer named by the website

No licence recorded for this entity.

Dated findings

Warnings, enforcement actions, legal findings, allegations and complaint records are labelled separately. What each label means.

Regulator warning Active

Warned by Japan’s Financial Services Agency for soliciting derivatives business without registration 20

· Financial Services Agency (Japan) · Japan · Last checked 26 Oct 2026

On 26 March 2025 Japan’s Financial Services Agency warned STARTRADER LLC, of Euro House, Richmond Hill Road, Kingstown, St Vincent and the Grenadines, for soliciting over-the-counter derivatives trading over the internet without registration in Japan, under the service name “STARTRADER”. The entry itself gives the month only; the date comes from another entry on the list that refers to this warning. The entry was still on the list updated on 25 September 2026.

Regulator warning Active

Listed on the AMF’s forex blacklist 22

· Autorité des marchés financiers · France · Last checked 26 Oct 2026

On 3 April 2024 France’s Autorité des marchés financiers added www.startrader.com to its forex blacklist of firms offering financial services or products in France without authorisation. The entry was still published when we checked on 26 October 2026.

Regulator warning Active

Spain’s CNMV warns that STARTRADER is not authorised to provide investment services 21

· Comisión Nacional del Mercado de Valores · Spain · Last checked 26 Oct 2026

On 31 July 2023 the CNMV warned the public that STARTRADER, its Spanish-language site www.startrader.com/es/ and STARTRADER LLC are not authorised to provide investment services in Spain, including foreign currency transactions. The warning remains on the CNMV’s list of warned unauthorised firms.

Regulator warning Active

Listed on the Securities Commission Malaysia Investor Alert List 23

· Securities Commission Malaysia · Malaysia · Last checked 26 Oct 2026

The Securities Commission Malaysia’s Investor Alert List includes “StarTrader” (www.startrader.com and its social media accounts, including a Malaysia Facebook page) for carrying on unlicensed capital market activities of dealing in securities. The list records the entry under the year 2022 without a specific date; we use 1 January 2022. The entry was on the list we downloaded on 4 October 2026.

Company response

Firms can respond to their profile and to any finding. No response has been published for STARTRADER. How firms can respond.

Assessment history

Review date Result Methodology Status
26 Oct 2026 Trust score 65 out of 100 Sound 1.2 Current

Corrections and updates

No corrections have been made to this profile.

Sources

  1. 1
    STARTRADER global homepage (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 26 September 2026, of www.startrader.com/global/. It says STARTRADER “has the following regulations: CMA, ASIC, FSCA, FSA, FSC”, lists negative balance protection among the features of its Standard and ECN accounts, says it is a member of the Financial Commission, whose compensation can reach EUR 20,000 per eligible client, and advertises “$30,000,000 Lloyd’s insurance coverage”. The footer says STARTRADER is the brand of a network of licensed entities and that clients are assigned to an entity according to their location, without saying which; it names STARTRADER Prime Global Pty Ltd (ASIC, ACN 156005668, AFSL 421210, Level 35, 31 Market Street, Sydney), STARTRADER International Pty Ltd (FSCA, FSP 52464, registration 2022/435897/07, 18 Cavendish Road, Claremont, Cape Town), STARTRADER Limited (FSA Seychelles, licence SD049, registration 8427362-1, Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe), STARTRADER Financial Markets Limited (FSC Mauritius, company 212229 GBC, licence GB24203371, Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene) and STARTRADER (CY) Limited (HE421001, 160 Archiepiskopou Makariou III, Limassol), which does not offer regulated products or trading services. The risk warning says losses may exceed the initial deposit and gives no share of losing accounts. STARTRADER’s own site refused our automated requests with a Cloudflare check, so we read the copy kept by the Internet Archive.

  2. 2
    STARTRADER: legal documents (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 2 May 2026. The page links a client agreement for each of STARTRADER LLC, STARTRADER Financial Markets Limited and STARTRADER LIMITED, privacy policies for STARTRADER LLC, STARTRADER Financial Markets Limited and STARTRADER Limited (Seychelles), and a complaints policy, a swap-free accounts policy, a deposit and withdrawal policy and a risk disclosure. It lists no order execution or conflicts of interest policy. Its footer adds STARTRADER Global Financial Consultation & Financial Analysis L.L.C, a Category 5 licensee of the UAE Capital Market Authority (licence 20200000241) at Level 2, Office 203, One Central, Dubai World Trade Centre, authorised only to introduce and promote. The linked documents redirect to PDFs of which the Internet Archive holds no copy taken in the last 12 months, and STARTRADER’s own site refused our automated requests, so we could not read them.

  3. 3
    FSA Seychelles capital markets register: securities dealers (opens in a new tab)

    Financial Services Authority Seychelles Regulator record Checked 26 Oct 2026 Seychelles

    Lists STARTRADER LIMITED among licensed securities dealers at Block B, Room 2, No. 2, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, with the email support@startrader.com and the website www.startrader.com. The register does not show licence numbers.

  4. 4
    Australian Financial Services Licensee dataset (October 2026) (opens in a new tab)

    Australian Securities and Investments Commission Regulator record Checked 26 Oct 2026 Australia

    Lists AFSL 421210 held by STARTRADER PRIME GLOBAL PTY LTD (ABN 65156005668), Sydney NSW 2000, from 3 September 2012, authorising it to advise on and deal in derivatives and foreign exchange contracts and to make a market in them, for retail and wholesale clients.

  5. 5
    FSCA register of financial services providers: STARTRADER International Pty Ltd (opens in a new tab)

    Financial Sector Conduct Authority Regulator record Checked 26 Oct 2026 South Africa

    The FSCA’s FSP search lists STARTRADER INTERNATIONAL PTY LTD, a private company registered as 2022/435897/07, as an authorised financial services provider under number 52464 since 23 September 2022, at Norwich Place West, 2nd Floor, Sandown, Sandton, approved under Category I for non-automated advice and intermediary services in derivative instruments, shares, bonds and other products. It names Mrs B van Staden as contact person and Mr AJN Carstens as compliance officer, and shows no representatives or key individuals.

  6. 6
    UAE Capital Market Authority, licensed companies: STARTRADER GLOBAL Financial Consultation & Financial Analysis (opens in a new tab)

    Capital Market Authority (UAE) Regulator record Checked 26 Oct 2026 United Arab Emirates

    Lists STARTRADER GLOBAL Financial Consultation & Financial Analysis (CP-0001206) as active, established on 10 December 2024, at Office 815, Al Manara Tower, Business Bay, Marasi Drive, Dubai, with the website www.startrader.ae and active licences for financial consultations, introduction and promotion; the register warns that a Category 5 licence does not permit trading, portfolio management or executing client orders. Peter Olof Karsten (Finland) is its board member and accredited manager; Ibrahim Abdelrahman Mohammad Aldaas (head of category), Kae Min Goh (head of compliance), Ghassan Mohammed Albohtori (financial analyst) and Richa Gandhi Kishor Balubhai Gandhi (promotion manager) are accredited. The register does not display a licence number.

  7. 7
    STARTRADER: open a live account (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 3 March 2026, of the sign-up page. It claims STARTRADER is “supported by 6 global licenses” and links a complaints policy and the client agreement that the legal page attributes to STARTRADER Financial Markets Limited. A notice says STARTRADER does not accept applications from Australian residents and sends them to a STARTRADER website operated by STARTRADER Prime Global Pty Ltd (AFSL 421210); another sends UAE residents to startrader.ae, operated by the Dubai company, which it describes as licensed by the Securities and Commodities Authority. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  8. 8
    STARTRADER: regulation (archived copy, October 2025) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 6 October 2025, more than 12 months before our review, which we use only for the brand’s history. It listed six regulators, including the Financial Conduct Authority for STARTRADER Broker Limited (FCA reference 821704, Unit 1.5, 344 to 354 Gray’s Inn Road, London), and said STARTRADER (CY) Limited facilitates payment services for the licensed entities of the STARTRADER group. Later copies of the footer no longer name the UK company.

  9. 9
    Financial Services Register: investment firms list (CSV), data as at 3 October 2026 (opens in a new tab)

    Financial Conduct Authority Regulator record Checked 26 Oct 2026 United Kingdom

    The list of authorised investment firms does not include FRN 821704 or STARTRADER Broker Ltd. It does include Startrader Pro Limited (FRN 600837), a company formerly called Stater Global Markets Limited for which we found no link to the STARTRADER brand.

  10. 10
    STARTRADER UAE website (opens in a new tab)

    STARTRADER Global Financial Consultation & Financial Analysis L.L.C Company statement Checked 26 Oct 2026 United Arab Emirates

    The site is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C, Office 815, Al Manara Tower, Business Bay, Dubai, licensed by the UAE Capital Market Authority under Category 5 licence 20200000241 for financial consultation, introduction and promotion only; it may not broker trades, hold client money or give investment advice. It says UAE clients who open an account are introduced to and contract directly with STARTRADER Financial Markets Limited of Mauritius (company 212229 GBC, FSC licence GB24203371), which provides all trading accounts and handles client funds, and it points to the help centre and legal documents on startrader.com.

  11. 11
    STARPRIME institutional website (opens in a new tab)

    STARTRADER Financial Markets Limited Company statement Checked 26 Oct 2026 Mauritius

    An institutional liquidity and market-making site for brokers and funds. Its footer says STARTRADER Financial Markets Limited, operating as STARprime, is authorised and regulated by the FSC of Mauritius, at Suite 201, 2nd Floor, The Catalyst, Ebene, and that the products are for institutional clients only. It refers to a Dubai headquarters.

  12. 12
    ABN Lookup: historical details for ABN 65 156 005 668 (opens in a new tab)

    Australian Business Register Official filing Checked 26 Oct 2026 Australia

    The company, an Australian private company active since 12 October 2012 and based in NSW 2000, was named GKFX Financial Services Australia Pty Ltd until 21 April 2015, CharterPrime Pty Ltd until 10 November 2023 and STARTRADER Prime Global Pty Ltd since. The current details page shows the business name STARPRIME from 25 June 2026.

  13. 13
    Cyprus Registrar of Companies: STARTRADER (CY) LIMITED, HE 421001 (opens in a new tab)

    Department of Registrar of Companies and Intellectual Property, Cyprus Official filing Checked 26 Oct 2026 Cyprus

    The registry lists HE 421001 as a registered company whose current name is STARTRADER (CY) LIMITED and whose previous name is IV MARKETS LIMITED. Its free search does not show officers or shareholders.

  14. 14
    Companies House: STARTRADER BROKER LTD (11380134) (opens in a new tab)

    Companies House Official filing Checked 26 Oct 2026 United Kingdom

    Incorporated on 24 May 2018 and named Alphani Ltd until 21 March 2024; registered office Unit 1.5, 344 to 354 Gray’s Inn Road, London. Its only director is Simon David Denham (since 21 August 2025). Brownstone Global Limited (British Virgin Islands) has been registered as holding 75% or more of the shares since 19 September 2024, replacing Nikolay Nekishev and Athanasios Belivanakis. The company applied to be struck off on 15 April 2026; the strike-off was suspended on 2 July 2026. Its latest accounts, to 31 May 2025, are unaudited micro-entity accounts.

  15. 15
    STARTRADER expands in the UAE with sixth regulatory license from SCA (opens in a new tab)

    Finance Magnates Secondary reporting Published 3 Feb 2025 Checked 26 Oct 2026

    Reports the UAE licence and quotes Peter Karsten as STARTRADER’s chief executive. It says the licence was the brand’s sixth, alongside the FCA, ASIC, FSA Seychelles, FSCA and FSC Mauritius, without naming the companies.

  16. 16
    STARTRADER Global Financial Consultation & Financial Analysis L.L.C client referral agreement (version 1.0) (opens in a new tab)

    STARTRADER Global Financial Consultation & Financial Analysis L.L.C Company document Published 21 May 2026 Checked 26 Oct 2026 United Arab Emirates

    The referral agreement of the Dubai company, which acts only as introducer and promoter and disclaims liability for the third parties it introduces clients to. Appendix B describes the products and services of “STARTRADER Mauritius”, including order execution on MT4, MT5 and its apps and “maintenance of segregated client bank accounts with authorized institutions”; Appendix C has the client consent to be referred to STARTRADER Financial Markets Limited. Amendments bind the client ten days after notice. Its complaints clause refers to the complaints policy on the website. The file name dates it 21 May 2026.

  17. 17
    STARTRADER: Lloyd’s insurance (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 8 October 2026. It says client funds “will be insured up to US$30,000,000, in excess of US$20,000”, that STARTRADER covers the first US$20,000 for each client and Lloyd’s up to US$30,000,000, that the cover applies only if STARTRADER becomes insolvent and that it is free. A disclaimer says the cover is subject to the policy’s terms and exclusions. The “view policy information” link points to an evidence of insurance for STARTRADER LLC of which the Internet Archive holds no copy taken in the last 12 months, so we did not see the current policy. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  18. 18
    Financial Commission member page: STARTRADER (opens in a new tab)

    The Financial Commission Company statement Checked 26 Oct 2026

    The Financial Commission, a private dispute resolution organisation, lists STARTRADER as an active member registered on 31 May 2023. The page does not say which STARTRADER company is the member.

  19. 19
    STARTRADER: client fund protection (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 7 October 2026. It says STARTRADER’s Lloyd’s of London cover offers an additional layer of protection of US$30,000,000 in the event of insolvency, beyond standard regulatory requirements, and that Financial Commission membership gives access to independent dispute resolution with compensation of up to EUR 20,000 per case. Its footer now gives STARTRADER International Pty Ltd’s address as Norwich Place West, 2nd Floor, Sandown, Sandton. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  20. 20
    Names of unregistered overseas firms warned by the Financial Services Agency (updated 25 September 2026) (opens in a new tab)

    Financial Services Agency of Japan Regulator record Published 25 Sept 2026 Checked 26 Oct 2026 Japan

    Lists STARTRADER LLC, Euro House, Richmond Hill Road, Kingstown, St Vincent and the Grenadines, warned in March 2025 for soliciting over-the-counter derivatives trading over the internet without registration in Japan, under the service name “STARTRADER”. The entry for bitcastle LLC, warned in April 2025, gives the date of the STARTRADER LLC warning as 26 March 2025 and notes a same or similar address, while saying their relationship is unknown.

  21. 21
    CNMV warning to the public on an unregistered firm: STARTRADER, STARTRADER LLC (31 July 2023) (opens in a new tab)

    Comisión Nacional del Mercado de Valores Regulator record Published 31 Jul 2023 Checked 26 Oct 2026 Spain

    The CNMV warns that STARTRADER, https://www.startrader.com/es/ and STARTRADER LLC are not authorised to provide investment services in Spain, including foreign currency transactions. The entry dated 31 July 2023 appears on its search engine for warned unauthorised firms (search for “startrader”).

  22. 22
    AMF blacklist (forex): www.startrader.com (opens in a new tab)

    Autorité des marchés financiers Regulator record Published 3 Apr 2024 Checked 26 Oct 2026 France

    Lists www.startrader.com in the forex category, published on 3 April 2024, because it offers financial services or products in France without authorisation.

  23. 23
    Investor Alert List (opens in a new tab)

    Securities Commission Malaysia Regulator record Checked 26 Oct 2026 Malaysia

    Our copy of the list, downloaded on 4 October 2026, includes an entry dated 2022 for “StarTrader” (www.startrader.com and STARTRADER’s Facebook, Instagram, X and TikTok accounts, including a Malaysia Facebook page) for carrying on unlicensed capital market activities of dealing in securities.

  24. 24
    Searches of CySEC, FCA, CVM, CNMV, AMF, SFC and ASC records and the Indian, Malaysian and Japanese lists for STARTRADER (opens in a new tab)

    Cyprus Securities and Exchange Commission; and others Regulator record Checked 26 Oct 2026

    On 26 October 2026 we searched CySEC’s 1,173 board decisions, the FCA’s investment firms list and warnings, the CVM’s declaratory acts (to May 2026), the CNMV’s warnings, the AMF’s blacklists, the Hong Kong SFC’s alert list, the Alberta Securities Commission’s caution list, the Reserve Bank of India’s alert list (19 November 2025), Bank Negara Malaysia’s and the Securities Commission Malaysia’s alert lists and the Japan FSA’s list of warned unregistered firms (25 September 2026) for STARTRADER, its company names and its former names IV Markets, CharterPrime and Alphani, and ran web searches for actions by ASIC, the FSCA, Consob, Bappebti and others. We found the Japanese, Spanish, French and Malaysian entries and nothing else; the SFC and Alberta lists name only differently named firms (Star Trader PTE Ltd, StarTrading).

  25. 25
    STARTRADER Global Financial Consultation & Financial Analysis L.L.C complaints handling and processing policy (version 1.0) (opens in a new tab)

    STARTRADER Global Financial Consultation & Financial Analysis L.L.C Company document Published 15 Jul 2025 Checked 26 Oct 2026 United Arab Emirates

    Effective 15 July 2025. Complaints go in writing to cs.mena@startrader.com or compliance.mena@startrader.com, are acknowledged within seven working days and answered within 30 working days, extendable once by 30. A complaint is treated as settled ten working days after a substantive reply if the client does not object. It names no external dispute body.

  26. 26
    STARTRADER: Financial Commission membership (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 7 October 2026. It says STARTRADER has become a member of the Financial Commission, which it describes as an independent self-regulatory organisation and external dispute resolution body that is not regulated or registered as such in any jurisdiction. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  27. 27
    STARTRADER: Prime ECN account (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 7 October 2026. The Prime ECN account has spreads from 0.0 pips, a commission of USD 2 per standard lot per side and a USD 10,000 minimum; clients keep it only with at least five closed trades and USD 500,000 of notional volume in any 30 days. The page compares its commission with those of named competitors. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  28. 28
    STARTRADER: forex trading (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 29 December 2025. It offers spreads from 0.0 pips and leverage of up to 1:1000, noting that leverage above 1:30 may not be available in some regions, and says STARTRADER charges no commission and no deposit fees on most channels. It gives no margin call or stop-out levels and no swap rates. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  29. 29
    STARTRADER: contact us (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 2 May 2026. It offers email support, with replies aimed within two hours, and live chat around the clock, but no telephone number or postal address. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

  30. 30
    STARTRADER: announcements (archived copy) (opens in a new tab)

    STARTRADER Company statement Checked 26 Oct 2026

    An archived copy, taken on 12 March 2026. STARTRADER publishes dated notices on market closures, rollovers, leverage and system maintenance, and a declaration listing counterfeit websites and apps that misuse its name. We found no notice about changes to the companies serving clients. STARTRADER’s own site refused our automated requests, so we read the copy kept by the Internet Archive.

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