Startrader
TopForex
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Overview
Startrader was founded in 2011 and is headquartered in Hong Kong, while TopForex was established in 2009 and is based in Cyprus. Startrader holds licences including Financial Conduct Authority (FCA), while TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Startrader serves 500,000 + clients worldwide; TopForex has 10,000+. The minimum deposit is $50 at Startrader and $100 at TopForex.
| Feature | Startrader | TopForex |
|---|---|---|
| Min. Deposit | $50 | $100 |
| Regulation | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2011 | 2009 |
| Country | Hong Kong | Cyprus |
| Clients | 500,000 + | 10,000+ |
Fees
Fees are a critical factor when choosing between Startrader and TopForex, directly affecting your bottom line as a trader. TopForex has a lower barrier to entry with a minimum deposit of $100 (vs $50 at Startrader). Both brokers charge withdrawal fees. Overall, Startrader scores higher on fees in our assessment.
| Feature | Startrader | TopForex |
|---|---|---|
| Min. Deposit | $50 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Startrader offers MT4, MT5, cTrader, while TopForex supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. TopForex edges ahead on platform breadth and functionality in our scoring.
| Feature | Startrader | TopForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5 and Web Trader | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Startrader and TopForex 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 | Startrader | TopForex |
|---|---|---|
| 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. Startrader accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while TopForex supports 2 (bank transfer, credit/debit card). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Startrader | TopForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Startrader and TopForex 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 | Startrader | TopForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese | English, and Chinese |