STARTRADER

STARTRADER reviews and testimonials

Published: May 1, 2026 / Last Updated: May 21, 2026 / Author: MoneyChat Editorial Department

STARTRADER is an overseas forex broker that was rebranded in 2024 from the former IV Markets. It holds multiple major financial licenses, including ASIC and CMA, and offers up to 1 million USD in fund protection through Lloyd's insurance. It is characterized by its more than 800 tradable instruments and ultra-low spreads

### basic information

### merit

#### 1. Abundant Financial Licenses + High Compensation System
We hold five highly difficult-to-obtain licenses, including ASIC (Australia) and CMA (UAE). In addition to being a member of the Financial Commission, we are insured by Lloyd's, providing coverage of up to 1 million USD per user. Our safety is among the best of overseas forex brokers.

#### 2. Ultra-low spreads with ECN accounts
ECN accounts offer ultra-low spreads starting from 0.0 pips. The effective cost including commissions for USD/JPY is approximately 0.7 pips, which is among the best in the industry.

#### 3. Over 800 types of trading instruments
are available, including over 80 FX currency pairs, over 700 US stock CFDs, indices, commodities, and cryptocurrencies. Access diverse markets with a single platform.

#### 4. No leverage limit up to $45,000.
There are no leverage limits up to an effective margin of $45,000, allowing you to fully utilize a leverage of 1,000x. While XM imposes a $5,000 limit, STARTRADER has a more generous setting.

### Disadvantages

#### 1. Limited track record since rebranding:
It has only been a short time since the rebranding in 2024, and the long-term reliability of STARTRADER will depend on its future performance. However, the foundation, including ASIC licenses, is solid.

#### 2. Leverage Restrictions When Using Bonuses
If you receive a 100% deposit bonus, your maximum leverage will be limited to 500x. If you want to trade with high leverage, you may need to choose not to accept the bonus.

#### 3. Limited Bonus Options:
Only a 100% first deposit bonus (up to 150,000 yen) is available. There are no account opening bonuses or trading bonuses, so if bonuses are your priority, consider BigBoss or XM.

### Spread Comparison

### Account Type Comparison

### STARTRADER is recommended for people who
: – **Prioritize security**: Want to protect their funds with major licenses such as ASIC and CMA + Lloyd's insurance
– **Prioritize low costs**: Want to do scalping or EA trading with the ultra-low spreads of an ECN account
– **Prioritize a wide range of instruments**: Want to trade not only FX but also stock CFDs and cryptocurrencies in one account
– **Prioritize leverage flexibility**: Want to use 1,000x leverage up to $45,000 without restrictions

### Benefits of using MoneyChat
– **Cashback**: Reflected in your MoneyChat My Page for each trade (all account types supported)
– **Additional benefits**: OMEGA EA, AI copy trading, Tenkaichi Budokai, Gacha, etc.
– **Double support**: STARTRADER support + MoneyChat Japanese support
– **Same trading conditions**: Exactly the same conditions as direct registration on the official site

**Risk Warning**: Forex trading involves risks. Please invest only with funds you can afford to lose

The person who wrote this article

MoneyChat Editorial Department

The Money Charger editorial team is the official editorial team of Money Charger, which has a cumulative cashback payment record of over 20 billion yen. Based on primary information obtained through direct partnerships with more than 25 overseas FX brokers, we provide information that helps users reduce their trading costs

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