NordFX
Startrader
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while Startrader was established in 2011 and is based in Hong Kong. NordFX holds licences including VFSC (15008), while Startrader is regulated by Financial Conduct Authority (FCA) among others. NordFX serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $10 at NordFX and $50 at Startrader.
| Feature | NordFX | Startrader |
|---|---|---|
| Min. Deposit | $10 | $50 |
| Regulation | VFSC (15008) | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2008 | 2011 |
| Country | Mauritius | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between NordFX and Startrader, directly affecting your bottom line as a trader. NordFX has a lower barrier to entry with a minimum deposit of $10 (vs $50 at Startrader). Startrader charges withdrawal fees while NordFX does not, giving NordFX an edge for frequent withdrawers. NordFX applies inactivity fees on dormant accounts; Startrader does not. The two brokers are broadly comparable on fee structure.
| Feature | NordFX | Startrader |
|---|---|---|
| Min. Deposit | $10 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
NordFX offers MT4, MT5, while Startrader supports MT4, MT5, cTrader. NordFX offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. NordFX edges ahead on platform breadth and functionality in our scoring.
| Feature | NordFX | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Tablet & Mobile apps | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how NordFX and Startrader compare. Startrader runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. Startrader publishes daily market commentary; NordFX does not. Startrader integrates third-party research tools (Trading Central, Autochartist); NordFX does not. Startrader maintains an archive of past webinars for on-demand viewing. Startrader scores higher overall in education and research.
| Feature | NordFX | Startrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. NordFX 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 | NordFX | 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 NordFX and Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. NordFX supports 13 languages and Startrader supports 2, giving NordFX broader global reach. Both brokers are comparable on support quality.
| Feature | NordFX | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, Chinese |