StarryFT

Based on WikiFX data, StarryFT exhibits a significant reliability concern. The broker holds a low WikiFX score of 1.60 and operates as an unregulated entity from Vanuatu, lacking oversight from any major global financial authority. This absence of verifiable regulatory protection means client funds are not held under standard safeguarding protocols and there is no formal dispute resolution mechanism. Therefore, StarryFT cannot be considered safe or reliable for most traders, especially when compared to brokers regulated by authorities like the FCA, ASIC, or CySEC.

No. According to WikiFX assessment, StarryFT is not regulated by any recognized financial authority. The broker is registered in Vanuatu, a jurisdiction known for its offshore financial services and minimal licensing requirements. It does not hold any valid forex trading licenses from top-tier regulators such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). Its regulatory status is officially listed as 'No Regulation'.

Specific minimum deposit requirements for StarryFT are not publicly disclosed in the available information. Offshore and unregulated brokers like StarryFT often set varying deposit thresholds across different account types. Prospective clients should inquire directly with the broker for precise details. It is important to note that, given its unregulated status, any deposit carries inherent risks, and traders should be cautious about depositing funds without robust financial safeguards in place.

Information regarding specific trading platform support, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not detailed in the current assessment for StarryFT. Typically, brokers provide this information on their official websites. Given that StarryFT's business scope is flagged as 'Suspicious' and it operates without regulation, the availability and stability of any trading software should be thoroughly verified by users directly with the provider before engaging in trading activities.