FXStarPro Review

Overview of FXStarPro:

Cryptocurrency broker FXStarPro is an anonymous entity that claims to provide CFDs over FX, Commodities, Indices, Shares and Crypto Coins. It offers three trading accounts that require high initial deposits. The broker claims to offer its services on the Meta Trader trading platform. However, we doubt this claim. Along with it, we have identified other problematic aspects of FXStarPro. They will be covered in this FXStarPro review.

About FXStarPro:

The Mini trading account is designed to favour beginner traders that require an initial investment of $500. A second account named Classic is defined to facilitate trading for skilled traders and it requires an initial investment of $5000. The third trading account is for advanced and experienced traders that can be opened with $20000. All of them can be accessed on the world-famous trading terminal Meta Trader. However, the provided trading lots, spreads available, leverages facilitated and other crucial factors about the trading environment are not shared by FXStarPro. 

Furthermore, the broker FXStarPro is completely anonymous and we don’t know the organisation operating this brand and from where it operates. The broker also fails to provide any information about any registration and regulation. The anonymous crypto brokers are not credible. They can turn into scam brokers at any time. An unregulated broker couldn’t be considered guilty of a scam as no authority manages them. And whom to keep accountable for a scam is a tedious job. Also, investments lost in such an anonymous scam broker could not be recovered easily. 

Furthermore, FXStarPro claims to provide Meta Trader trading platform. Unfortunately, there is no download link provided to access it. Also, a web trader training platform is available that can be accessed only by registration. No free demo account is facilitated. The initial investments required to access provided three accounts are $500, $5000, and $20000 are excessively high. Generally, licensed and regulated brokers provide transparent and quite attractive trading services at very low cost say $10. The broker FXStarPro is not transparent when it comes to showcasing available trading conditions and it is yet another red flag.

Is FXStarPro scam or legit?

The crypto broker FXStarPro is Anonymous and opaque. The broker claims to offer MT but we could not test it. Also, it charges high initial investments and information about deposition and withdrawal is missing on the official website. Trading conditions are unclear and from where it operates is unknown. All of this makes FXStarPro a potential scam cryptocurrency broker.