Verified: StarFish Is A Financial Services Broker Headquartered In New Zealand. The Company Is Currently Unregulated. Please Choose Carefully And Pay Attention To The Risks.

According To The Company's Official Website:

The Financial Services Provider Headquartered In New Zealand Of StarFish Has Had Its Regulatory License Revoked, Indicating That It Is Operating Outside The Regulatory Framework. This Poses Latent Risks To Customers And Should Proceed With Caution When Dealing With The Company. Despite The Existence Of Market Instruments Such As The Trading Of More Than 50 Currency Pairs On The Forex Market And Contracts For Difference (CFDs) On Various Assets, The Choice Made By StarFish May Be Limited Compared To Other Brokers. Spread Trading On Different Assets Is Also An Option For Clients.

The Account Types Offered By StarFish Include ECN Accounts For Experienced Traders Seeking Direct Market Access, Demo Accounts For Practicing Strategies, And Real Accounts For Real Currency Trading. The Company Imposes Specific Fees For Its Services, But Offers Free Deposits As Well As The Opportunity To Earn Interest On Unused Funds In The Account.

There Are Multiple Trading Platforms To Choose From, Including The Mt4 Endpoint Comprehensive Trading Tool, StarFish For Mobile Trading, And The Mt4 Forex Derivatives Trading Platform. Educational Tools Are Provided, Such As Free Forex Trading Courses, To Enhance Traders' Knowledge. Customer Support Is Available Via Phone And Email. Some Reviewers Have Raised A Warning About The Company, While Others Have Expressed A Positive Experience. It Is Important To Take These Mixed Reviews Into Account And To Exercise Caution When Considering Starfish Markets Limited As A Financial Services Provider.

Pros And Cons

StarFish Offers A Range Of Trading Opportunities, Including Over 50 Currency Pairs, Stocks, Indices, Commodities And Cryptocurrency CFDs, As Well As Spread Betting On Various Assets. They Offer ECN Accounts For Experienced Traders And Demo Accounts For Practicing Trading. The Broker Also Offers The Popular Mt4 Trading Platform. However, It Is Worth Noting That StarFish Has Had Its Regulatory License Revoked And Operates Outside The Regulatory Framework. In Addition, There Is Limited Information On Deposit And Withdrawal Processes, Trading Fees, And Specific Educational Resources Beyond Basic Forex Trading Courses.

Pros

Offers Trading On Over 50 Currency Pairs

Offers CFDs On Stocks, Indices, Commodities, And Cryptocurrencies

Allows Spread Trading On Various Assets

Offers ECN Accounts For Experienced Traders

Offers Demo Accounts For Practicing Trading

Offers Popular MT4 Except For Free Deposit Option

Disadvantages

Regulatory License Revoked To Operate Outside Regulatory Framework

Limited Information On Deposits And Withdrawals

Vague Trading Fees And Conditions

P >

Limited Educational Resources Beyond Basic Forex Trading Courses

Limited Information On Specific Fees

A New Zealand-based Financial Services Provider Has Had Its Regulatory License Revoked. The Company Is No Longer Regulated By The Relevant Authorities And Does Not Have A Valid License. This Means That StarFish Operates Outside The Regulatory Framework, Which Creates Latent Risks For Clients. It Is Important To Exercise Caution And Understand The Associated Risks When Dealing With This Company.

Market Tools

Forex: StarFish Offers A Range Of Trading Options On The Forex Market, Allowing Clients To Trade Over 50 Currency Pairs. This Includes Major Currency Pairs Such As EUR/USD And GBP/USD, As Well As Minor And Exotic Currency Pairs.

Contracts For Difference: StarFish Offers Contracts For Difference (CFDs) On A Variety Of Assets, Giving Clients The Opportunity To Speculate On Price Movements In Stocks, Indices, Commodities And Cryptocurrencies. Clients Can Trade CFDs On Popular Stocks Such As Apple, Google, And Amazon, As Well As Global Indices Such As The Standard & Poor's 500 And FTSE 100.

ETFs: Although StarFish Offers A Limited Number Of Exchange-traded Fund (ETF) Trades, The Specific Options And Varieties Of ETFs Available May Be Relatively Limited When Compared To Other Brokers. Clients Interested In ETF Trading Should Consider The Options Available Before Making An Investment Decision.

Spread Betting: StarFish Allows Clients To Carry Out Spread Betting, A Form Of Speculative Trading Where Clients Can Take Positions Based On Price Movements Of Various Assets. This Includes Stocks, Indices, Commodities, And Cryptocurrencies. Spread Betting Enables Clients To Profit From Rising And Falling Markets.

Account Types

Electronic Communication Network Accounts: StarFish Offers ECN Accounts To Its Clients. These Accounts Are Designed For Experienced Traders Who Prefer Direct Access To The Market And Need A Fast Speed Of Execution. An Ecn Account Provides Access To The Interbank Market, Allowing Traders To Trade With Other Market Participants. They Usually Offer Low Spreads And Charge Commissions On Their Transactions. An Ecn Account Is Suitable For Those Who Value Transparency And Direct Market Access.

Demo Account: StarFish Offers A Demo Account Option For Traders Who Wish To Practice Trading Strategies Or Familiarize Themselves With The Platform Before Committing Real Money. The Demo Account Simulates Real Market Conditions And Allows Users To Trade Using Virtual Currencies Without Any Risk. It Is A Valuable Tool For Beginners Or Traders Who Wish To Test New Strategies Without Incurring Any Financial Losses.

Real Account: StarFish Offers Real Trading Accounts For Clients Who Are Ready To Trade With Real Money. These Accounts Offer A Wide Range Of Financial Instruments And Trading Opportunities. An Initial Deposit Is Required For A Real Account, And Traders Can Choose Between Different Types Based On Their Trading Preferences And Investment Size, Such As Standard Accounts, Mini Accounts Or VIP Accounts. Live Accounts Allow Traders To Actively Participate In Financial Marekt And Execute Trades Based On Their Strategy And Analysis.

Fees

StarFish Imposes A Specific Fee For Their Services. They Offer The Option Of Making A Deposit-free, All Electronic Deposits, Which Means There Are No Fees Charged For Electronically Depositing Funds Into A Trading Account. In Addition, They Offer An Interest Rate Of 2.5% Per Year On Free Margin, Compounded Daily. This Allows Traders To Earn Interest On Unused Funds In Their Accounts, Providing A Potential Source Of Additional Income.

Trading Platform

StarFish Offers Multiple Trading Platforms To Meet The Diverse Needs Of Traders. One Of Their Trading Platforms Is, Starfish FX MT4 End Point, Available For Download. The Platform Provides Traders With A Comprehensive Set Of Tools And Features To Execute Their Trades.

Another Trading Platform Offered By StarFish Forex IPhone/Android Traders, Also Available For Download. Designed For Mobile Devices, The Platform Allows Traders To Access Their Accounts And Execute Trades Anytime, Anywhere.

StarFish Also Offers MT4 Forex Derivatives, A Trading Platform. Traders Can Download The Platform To Access A Wide Range Of Forex Derivatives, Enabling Them To Participate In Various Trading Strategies And Take Advantage Of Market Opportunities.

In Addition To The Trading Platform, StarFish Provides Access To The My Account Feature. Through This Feature, Traders Can Manage Their Accounts, Monitor Their Trading Activity And Access Important Account Info.

In Addition, StarFish Provides Access To The Trading Center, Which Provides Traders With Valuable Market Analysis And Research Tools. Traders Can Utilize The Platform To Make Informed Trading Decisions Based On The Latest Market Trends And Insights.

Educational Tools

StarFish Offers A Range Of Educational Tools To Help Traders Expand Their Knowledge. These Tools Include 14 Free Courses On Forex Trading, Covering A Variety Of Topics Such As Forex Basics, Foreign Exchange Rates, Foreign Exchange Market Participants, Major Global Foreign Exchange Markets, Key Factors Affecting Exchange Rates, Different Types Of Trading, Fundamental Analysis And Technical Analysis. These Courses Are Designed To Provide Traders With A Solid Foundation And Understanding Of The Foreign Exchange Market And Its Complexities, Enabling Them To Make Informed Trading Decisions.

Payment Methods

StarFish Offers A Variety Of Payment Methods To Its Customers. These Payment Methods Include Widely Accepted Options Such As, MasterCard, VISA, And UnionPay. These Payment Options Provide Customers With A Way To Fund Their Accounts And Engage In Trading Activities.

Customer Support

StarFish Provides Customer Support Through Various Channels. Traders Can Contact Their English Customer Support Team On + 852 8191 7339 And Their Chinese (Simplified) Customer Support Team On + 64 6 824 3665.

Additionally, Traders Can Contact, Starfish Emailed To Cs@starfishfx.com For Any Queries Or Assistance They May Need.