ForexMart
Startrader
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Overview
ForexMart was founded in 2015 and is headquartered in Cyprus, while Startrader was established in 2011 and is based in Hong Kong. ForexMart holds licences including Cyprus Securities and Exchange Commission (CySEC), while Startrader is regulated by Financial Conduct Authority (FCA) among others. ForexMart serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $1 at ForexMart and $50 at Startrader.
| Feature | ForexMart | Startrader |
|---|---|---|
| Min. Deposit | $1 | $50 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2015 | 2011 |
| Country | Cyprus | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between ForexMart and Startrader, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $50 at Startrader). Both brokers charge withdrawal fees. ForexMart charges deposit fees; Startrader does not. The two brokers are broadly comparable on fee structure.
| Feature | ForexMart | Startrader |
|---|---|---|
| Min. Deposit | $1 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
ForexMart offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. ForexMart offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. ForexMart edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexMart | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, WEB, desktop | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ForexMart and Startrader compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | ForexMart | Startrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ForexMart accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ForexMart | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexMart and Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. ForexMart supports 15 languages and Startrader supports 2, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | ForexMart | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Chinese |