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ForexStart

Brief information about the company ForexStart

ForexStart is a company specializing in trading on the international foreign exchange market Forex. Its activities began in 2007, and today it represents Profiforex Corp in the Russian Federation. Additionally, the company offers consulting services in the field of financial investments.

Trading instruments offered by ForexStart

  • Forex,
  • metals,
  • cryptocurrencies,
  • ECN,
  • CFDs,
  • binary options.

Trading conditions and accounts at ForexStart

Clients of the company trade on the classic Metatrader 4 platform. There are various types of accounts that allow trading to start with a minimum amount of 10 US cents. A client can choose a cent, dollar, or demo account to work with.

ForexStart states that the commission for a trade is a fixed 0.3 pips without hidden additional commissions.

Detailed trading conditions are described in the “Trading Conditions” section.

Advantages of the company ForexStart

  • Democratic entry threshold: the opportunity to start trading with a deposit of 10 cents.
  • Spreads from 2 points.
  • Account opening in two minutes without unnecessary bureaucracy.
  • Fast trade execution.
  • Impossibility of going into a negative balance.
  • Ability to use advisors and indicators without restrictions.
  • Bonus program with monthly accruals.

Features of working with ForexStart

  1. Storage of funds in segregated accounts for maximum client security (available with a deposit of $100,000).
  2. Choice of leverage size up to 1:500 upon request.
  3. Ability to carry positions over to the next day with SWAP payment.

Withdrawal of funds from ForexStart

The company does not charge a commission for fund withdrawals, but payment systems chosen by the client may withhold fees. There is no minimum threshold for withdrawals.

For the convenience of clients, there are many ways to withdraw funds.

Conclusion about the company ForexStart

There is no information on the company’s website regarding a registration certificate, a license for brokerage activities, and confirmation of work experience since 2007.

The lack of phone support, offering only email and online chat support, is a drawback.

It is important to carefully review the documents and understand the possible risks when cooperating.

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