Nutmeg
Startrader
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Nutmeg was founded in 2008 and is headquartered in USA, while Startrader was established in 2011 and is based in Hong Kong. Nutmeg holds licences including Unregulated, while Startrader is regulated by Financial Conduct Authority (FCA) among others. Nutmeg serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $0 at Nutmeg and $50 at Startrader.
| Feature | Nutmeg | Startrader |
|---|---|---|
| Min. Deposit | $0 | $50 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2008 | 2011 |
| Country | USA | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Nutmeg and Startrader, directly affecting your bottom line as a trader. Nutmeg has a lower barrier to entry with a minimum deposit of $0 (vs $50 at Startrader). Startrader charges withdrawal fees while Nutmeg does not, giving Nutmeg an edge for frequent withdrawers. Nutmeg applies inactivity fees on dormant accounts; Startrader does not. The two brokers are broadly comparable on fee structure.
| Feature | Nutmeg | Startrader |
|---|---|---|
| Min. Deposit | $0 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Nutmeg offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. Nutmeg offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. Nutmeg edges ahead on platform breadth and functionality in our scoring.
| Feature | Nutmeg | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | WebTrader, Desktop, 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 Nutmeg 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 | Nutmeg | 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. Nutmeg accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Nutmeg | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Nutmeg and Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Nutmeg | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese |