profiforex corp
Startrader
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Overview
profiforex corp was founded in 2018 and is headquartered in Cyprus, while Startrader was established in 2011 and is based in Hong Kong. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. profiforex corp serves 30,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $250 at profiforex corp and $50 at Startrader.
| Feature | profiforex corp | Startrader |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F297 | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2018 | 2011 |
| Country | Cyprus | Hong Kong |
| Clients | 30,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between profiforex corp and Startrader, directly affecting your bottom line as a trader. profiforex corp has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Startrader). Startrader charges withdrawal fees while profiforex corp does not, giving profiforex corp an edge for frequent withdrawers. Overall, Startrader scores higher on fees in our assessment.
| Feature | profiforex corp | Startrader |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
profiforex corp offers MT5, cTrader, while Startrader supports MT4, MT5, cTrader. profiforex corp offers a mobile trading app; mobile availability for Startrader is limited. Startrader supports social and copy trading features, which profiforex corp does not offer. profiforex corp edges ahead on platform breadth and functionality in our scoring.
| Feature | profiforex corp | Startrader |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 profiforex corp 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. Startrader scores higher overall in education and research.
| Feature | profiforex corp | Startrader |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. profiforex corp accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). profiforex corp uniquely supports PayPal among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | profiforex corp | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 profiforex corp and Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. profiforex corp supports 8 languages and Startrader supports 2, giving profiforex corp broader global reach. Both brokers are comparable on support quality.
| Feature | profiforex corp | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Chinese |