ForexStart
About ForexStart Company
ForexStart is a company specializing in trading on the international foreign exchange market Forex. Its operations commenced in 2007 and currently represents Profiforex Corp in the Russian Federation. The company also offers financial investment consulting services.
Trading Instruments Offered by ForexStart
- Forex,
- metals,
- cryptocurrencies,
- ECN,
- CFDs,
- binary options.
Trading Conditions and Accounts at ForexStart
Clients of ForexStart engage in trading on the classic Metatrader 4 platform. There are different account types allowing trading to commence with a minimum of 10 US cents. Clients have the option to select from cent, dollar, or demo accounts.
ForexStart asserts that the trade commission is a fixed 0.3 pips without any concealed additional charges.
Comprehensive trading conditions are detailed in the “Trading Conditions” section.
Advantages Offered by ForexStart
- Low entry threshold: trading can begin with a deposit of 10 cents.
- Spreads starting from 2 points.
- Account activation in just two minutes without unnecessary red tape.
- Rapid trade execution.
- Prevention of negative balance occurrences.
- Unrestricted use of advisors and indicators.
- Bonus program with monthly rewards.
Distinctive Aspects of Working with ForexStart
- Funds are stored in segregated accounts for maximum client security (accessibility with a deposit of $100,000).
- Option to select leverage up to 1:500 upon request.
- Possibility to retain positions overnight with SWAP payment.
Withdrawal Procedure at ForexStart
ForexStart does not impose a withdrawal commission, but chosen payment systems may levy charges. No minimum withdrawal amount is stipulated.
For client convenience, multiple withdrawal channels are available.
Summary of ForexStart Company
The company website lacks details on registration certification, brokerage license, and confirmation of operational experience since 2007.
The absence of phone support, with only email and online chat assistance, is a drawback.
Cautious review of documents and a thorough understanding of potential risks are crucial before collaboration.
This review has been prepared by the specialists at ExpertsReview.