| Binary options broker | |
|---|---|
| Website | |
| Social media | |
| Date of foundation | 2007 |
| Head Office | New York, NY 10038, USA, 160-180 Water St., off. 3416 |
| The owner of the company | Profiforex Corp. |
| Types of support | Email: [email protected] Office Chat Feedback form on the site Forum: http://forum.forexstart.org Vkontakte Twitter Facebook |
| Support by phone | |
| Languages | English, Ukrainian, Romanian, Chinese, Vietnamese |
| Terminals | WebTrader, MobiusTrader 7, MetaTrader 4 (PC, Web, Mobile) |
| Liquidity providers | UBS, Credit Suisse, J.P. Morgan, Barclays, Goldman Sachs, Citigroup, Bank of America, Deutsche Bank AG |
| Min. first deposit | From 1 USD |
| Broker fee | 0.3 points per transaction |
| Bonuses | |
| Payments | To 100 % |
| Free Demo Account | |
| Adjustable | Yes |
| Regulators | GURS |
| Types of accounts | Demo, Micro (cents), Standard (dollars) |
| Methods of replenishment | Perfect Money, Qiwi, Skrill, UnionPay, Webmoney, Cryptocurrencies, Bank Card (Visa/MC/MIR), Mobile Payments, etc. |
| Withdrawal methods | Perfect Money, Qiwi, UnionPay, Webmoney, Cryptocurrencies, Bank Card (Visa/MC/MIR), etc. |
| Number of assets | 100+ |
| Types of assets | Binary options Currency pairs CFD Indexes Precious metals |
| Account currencies | USD |
| Expiration | From 30 seconds to 5 minutes |
| Mobile Trading | |
| Weekend trading | Yes |
| Tournaments / contests | 8 contests with cash and other prizes |
| Trader training | Indicators, textbooks, dictionaries, trader's guide, etc. |
| Affiliate Program | Registration3 forms of cooperation with a broker |
| Benefits | Company Reliability A profitable investment company Good conditions for beginners Analytics and training Professional technical support Convenient deposit and withdrawal Contests and bonuses Demo account Affiliate Program |
| Disadvantages | Problems with the withdrawal of earnings Terminal freeze |
| Company requisites | Legal name: Mobius Universe Ltd. Legal address: New York, NY 10038, USA, 160-180 Water St., off. 3416 |
| Date of update | 24.08.2022 |
| Overall assessment | 7.4/10 |
ForexStart is it a scam? Reviews and description
A Forex-broker ForexStart appears to be the largest in terms of the number of clients and the size of the traded volumes. Being a part of Tim Group Limited, it has established itself as a reliable company providing an individual approach to each client, coming up with favorable terms of trade and a wide range of services in the world financial markets. The fact that the company is moving in the right direction is proved by a large number of traders who earn (about 87%), and do not lose money.
You’re certainly eager to know whether this company is another fraudster or not. We’ll try to answer this question here below.
ForexStart in the financial market, providing consulting and financial services in the global financial market. The company cooperates with the world market-makers, providing quality data. It offers an invest.forexstar program, which can help to get a stable income.
The broker is a fairly open company, so its official website provides actual information about successful transactions. In addition, the official website contains information about the company, terms of trade, bonuses and contests, analytics, etc.
Among the company’s goals one should mention providing better trading conditions (low deposit size, instant execution of deals, spreads from 2 points, etc.), helping novice traders, as well as those who are unable to start earning decent money. On this platform traders can trade round the clock. They can also count on the best software, competitive trading conditions on the market, no commission for transactions, professional support service as well as a unique opportunity to independently set the size of the leverage. For traders the classical trading terminal MetaTrader 4 is available. It’s the most popular platform among traders. It allows you to conduct trading operations and technical analysis. You can also work in the web terminal MobiusTrader 6. By the way, these trading platforms have mobile versions.
Replenishment and withdrawal of earnings
ForexStart offers extensive opportunities for replenishment and withdrawal of funds. To replenish your trading account you require registering with the broker (the account can be opened in just 2 minutes. After this you can get down to trading. Don’t forget to deposit the required amount by choosing a convenient method of transferring funds (minimum deposit is $ 1).
To replenish your account you can utilize any of the methods presented on the website: Visa/ MasterCard, Bank (USD), LiqPay, Yandex Money, WebMoney, EasyPay, UnionPay, PayPal, W1, Fxstart account, etc.
Complaints on ForexStart
In the network today, one can come across many reviews about the broker, both positive and negative. On the web traders note the following advantages of this company: reliability, a profitable investment program, excellent conditions for beginners, a minimum deposit, analytics, a lot of contests with prize places, an opportunity to receive a stable income, professional technical support, different methods of withdrawal and input of funds. As a matter of fact, many traders recommend this broker, noting its terms of trade as one of the best brokers on the market.
Among the negative aspects, the most often mentioned problems include the withdrawal of funds (long withdrawal, suspended withdrawal without explanation), technical support (long processing requests, managers do not respond in the chat, staff incompetence), terminal operation (freezes, spontaneous reboot). Studying the responses of traders, we noticed that the managers of the company are actively working with reviews, they’re in correspondence with users. At the moment, there are more positive comments from traders than negative ones, and it positively characterizes the broker. However, the management of ForexStart should think about improving its service.
If there are complaints about ForexStart, we’ll certainly publish this information in social networks. Sign up to stay up to date with the news.
Is ForexStart a scam?
ForexStart is considered to be one of the largest companies in the broker market, successfully providing high-quality service and expanded trading opportunities. The company has been operating around the world for 10 years. It has a large base of traders, a variety of user reviews, mostly positive. It’s definitely a good thing that managers of the organization track reviews and try to fix glitches. It undoubtedly positively characterizes the broker. It’s eager to get familiar with the opinion about its service. It proves that ForexStart gives heed to the user and it’s ready to keep evolving. Besides this, the presence of prestigious awards, favorable terms of trade also increases the company’s credibility.
However, the broker does not have certification, which makes it difficult to work with it, making it less accessible to professional market players. It feels like everything possible is being done in this direction, especially if the company is going to work actively in the financial markets. ForexStart offers to in the popular Metatrader or in a convenient web-terminal MobiusTrader 6. As for mobile trading, it’s available too.
Another advantage is their informative site, where materials about the company, terminals, trading conditions, training and analytical data are available. We also note constant competitions, bonuses, professional technical support, transparency – all of this causes trust, which is not observed in scammers.
Does it makes sense to ascertain that ForexStart is a scam? UP to 10 years of successful work with traders around the world, the presence of a large number of positive reviews, prestigious awards, a serious reputation prove that ForexStart is not a fraudster. To avoid problems with the broker, specify the necessary information on the rules of working with terminals, bonuses and procedure for withdrawing funds from a personal manager.
The broker’s regulator
At the moment, ForexStart does not have licenses and its activities are not controlled by regulators. However, the broker is certified by Global Unite Responsibility System (GURS, UK). That’s a fund created to cover claims from customers. It definitely guarantees the safety of customer deposits.
Bonuses in ForexStart
Each trader of the company can receive 2 types of bonuses:
1) The 500% bonus
A unique program gives an opportunity to make money on trade. When depositing funds, the trader additionally receives extra 500% on the deposit. The amount of remuneration depends on the number of lots and the type of currency pair. Detailed conditions for the bonus should be specified from the personal manager.
2) The competition “Star of Forex”: $300 to the winner
The competition is held during the week. The winner is revealed by the results of the trade – this is a trader who managed to earn more than other participants. Detailed conditions for the bonus you can specify from the personal manager.
Conclusion
Брокер успешно предоставляет услуги уже 10 лет. Таким образом, он заслуженно считается одним из лидеров отрасли. Предлагая выгодные условия и качественный сервис для трейдинга, большое количество конкурсов и бонусов, компания положительно отмечена в отзывах трейдеров. Кроме того, брокер активно работает с отзывами, что положительно характеризует компанию.
Будем надеяться, что эта работа продолжится и сервис компании улучшится. Однако ответы трейдеров, которых мы ждем в этом обзоре, могут не только изменить рейтинги брокера, но и предупредить участников рынка о возможных проблемах.
Отзывы
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Rate the review 000Fraudsters
Money to enter literally in seconds, and the withdrawal is impossible. Orders 119670 (denied) or 119699 (paid). The latter is quite a mockery. No payment, but it is marked "Paid". In short, write what you want may. Feedback silence. I do not recommend it. Stay away. Scammers.
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Rate the review 000Good evening dear readers. ForexStart forex broker...
Good evening dear readers. ForexStart forex broker sucks (crap). Do not feed them with your money. Then their f-ing take it off. Do not deposit your trading account with them!
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Rate the review 000Hello dear readers, traders. I want to...
Hello dear readers, traders. I want to tell you about the brokerage company Forexstart. At the beginning I thought it was a good and reliable company. A very convenient trading terminal — Mobius Trade 7. I have a good user-friendly interface. Of course, it is very comfortable to work there. I was working… Read more
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Rate the review 000The scammer is 100% Never give them...
The scammer is 100% Never give them money, they are bandits.
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Rate the review 000You can't take the fucking money out
You can’t take the fucking money out, it doesn’t help the fucking problem.
Yes, my dears! -
Rate the review 000The account 180109.Worst broker of all. I...
The account 180109.Worst broker of all. I made a deposit of 2200 dollars to this company 2 years ago. they took out a couple of hundred, lost a bit, now the account has 1042 dollars that they don’t want to give back. Just a reminder that this 1042 is part of the deposit without a cent of profit. I read… Read more
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Rate the review 000I have been working in this field...
I have been working in this field for quite some time now, and I find Expertoption quite convenient to work with
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Rate the review 000Attention! We publish negative reviews only if...
Attention! We publish negative reviews only if you specify your account number. First write your account number, then the claim.
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Rate the review 000
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