Wikilix
STAR NET logo

STAR NET

Offshore
United Arab Emirates
,
Since 2018
Last Updated:
35/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
400
Account Types
RegularStandardProp+3 more

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

7 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Visa, MasterCard

credit card
Instant
Fee:
Free
Fee:
Free

Neteller, Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Bitcoin, Ethereum, Litecoin, Tether

crypto
Instant
Fee:
Free
Fee:
Free

Indian Net Banking, PhonePe

bank transfer
Instant
Fee:
Free
Fee:
Free

AstroPay

other
Instant
Fee:
Free
Fee:
Free

UPI

bank transfer
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 17%, 2: License 32%, 3: Software 51%, 4: Spread 0%, 5: Account Type 39%, 6: Symbol 0%
Regulation
17%Poor
License
32%Poor
Software
51%Fair
Spread
0%Poor
Account Type
39%Poor
Symbol
0%Poor

Company Information

Full Name:STAR NET Limited
Founded:2018
Headquarters:United Arab Emirates
Enterprise Offices:1offices

Customer Support

Phone:
+44 2035751151
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down

What STAR NET legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

Star Net FX advertises zero commissions, then charges <strong>$300</strong> for opening, keeping and closing an account. That charge is on the deposit page and in none of its legal documents. The Customer Agreement lets the company cancel your profit, decide your complaint itself and demand notarised papers before it pays you. The footer link to that agreement is switched off, and the agreement names no governing law and no court.

7Critical clauses
27Clauses flagged
16Documents read
8.5/10Contract risk
Read the full terms report23 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about STAR NET: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

STAR NET is a name among trading brokers, promising services for easier access to financial markets. With the scarcity of detailed information about STAR NET, this article gives an overview based on available data that could help a potential client understand what they might expect from this broker.

STAR NET positions itself as a financial services company focused on delivering trading solutions. Whether you are interested in forex, commodities, or other asset classes, understanding the broker's offerings, regulatory status, and trading conditions is essential before making any commitments. This article will explore these aspects in detail, showing clearly the place of STAR NET in the financial services industry.

Introduction/History

Star Net FX was established in 2018; it is registered in both Mauritius and the UAE. It offers a wide range of trading instruments, including forex, commodities, indices, stocks, and crypto with leverage of up to 1:400. Although popular platforms like MT4 and MT5 are provided, besides demo and Islamic accounts, it is not regulated by major authorities.

Key Features and Offerings

STAR NET provides trading services that possibly involve several financial instruments. However, specific details about the range of products cannot be found from the company's website. Normally, an individual broker would allow trade in forex pairs, commodities, and indices, and maybe even cryptocurrencies. But regarding STAR NET, confirmation could not be gathered on what instruments are supported.

From a technological and platform perspective, an exact understanding is not really provided whether STAR NET supports either MetaTrader 4, MetaTrader 5, or proprietary software platforms. It is not clear whether the trading is available on mobile devices or even as a web-based service. Potential traders would have to contact STAR NET directly to discern the technological landscape and what is offered.

Licensing and Regulatory Compliance

The regulatory body is one of the most important factors when trying to determine whether a trading broker is reliable or not. Well, there is little information about the STAR NET regulatory status. No particular licenses and regulation bodies have associated with the broker.

Operating without explicit regulatory credentials, traders should be cautious and validate further before trading on STAR NET. Regulation means that brokers operate within set guidelines, secure their clients' funds, and show transparency in their activities.

Regulator

License Number

Condition

Limited information is available from:

—

Not publicly disclosed

Trading Conditions and Platform Technology

STAR NET does not document details concerning its trading conditions, such as spreads, leverage, and minimum deposit requirements. These are important factors that traders need to know when it comes to understanding the cost and risk profile of trading with the broker.

Equally, little information is provided about the trading platforms which STAR NET supports. The type of platform used impacts the ease with which an operator can use it and the speed of execution, as well as access to all sorts of analytical tools.

The Trading Condition

Information

Spreads

Limited information available

Apply

Limited information available

Minimum Deposit

Information is limited.

Trading Platforms

Information is limited

Fee Structure

It is very important for traders to understand the fee structure so that they can evaluate the overall cost of trading. Unfortunately, no specific information about STAR NET's fee policy is publicly disclosed regarding any sort of deposit or withdrawal fees, or even commissions.

Since it is hard to gauge how competitive STAR NET pricing can be without more information about their fees, traders are highly advised to contact the broker directly for a clear breakdown of all applicable fees before opening an account.

Fee Type

Details

Deposit Fees

Limited available information

Withdrawal Fees

Information available: very limited

Commission

Information available is limited.

Conclusion

STAR NET is an online trading broker with limited background information, regulatory status, trading conditions, and fees, at the moment when this review was being performed. It may facilitate some financial services and access to trade, but it is problematic for traders who would like to be fully informed in a decision. Prospective customers are recommended to conduct thorough due diligence and demand elaborate information directly from STAR NET, as well as pay special attention to regulatory compliance before engaging with the broker. Transparency and clear communication remain cornerstones for confidence in financial services.

Regulation check

Regulatory Licenses

Every licence STAR NET has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
1

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Services Commission AU22200246

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
MauritiusOffshore
Authority strength
Tier 3
Licence type
Common Business Registration
Not yet checked on the register

Client protection under this licence

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000

These are the rules FSC sets for the firms it licenses. They are not a statement about how STAR NET applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

6 account types on record. Minimum deposit from USD 5. Leverage up to 1:1.

6 account types
AccountMin DepositLeverageCommission
RegularStandardNot recorded1:1No commission, demo trading
StandardNot recorded1:1Not specified
PropNot recorded1:1Not specified
Copy TradingPropNot recorded1:1Not specified
VIPUSD 51:1Not specified
StandardUSD 201:1Not specified
Account names and conditions as published by STAR NET, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

7 ways to fund an account. 7 with no deposit fee. 6 credit instantly.

7 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
Processing times may vary depending on the bank and country; available in regions where STAR NET FX operates.
FreeFreeUSD 200Not recordedNot recorded3 days
Visa, MasterCardCredit CardAvailable in regions where Visa and MasterCard are accepted.FreeFreeEUR 50Not recordedNot recordedInstant
Neteller, SkrillE-WalletAvailable in regions where Neteller and Skrill are accepted.FreeFreeEUR 50Not recordedNot recordedInstant
Bitcoin, Ethereum, Litecoin, TetherCryptocurrency
Cryptocurrency transactions are subject to network fees; available where cryptocurrencies are accepted.
FreeFreeBTC 0Not recordedNot recordedInstant
Indian Net Banking, PhonePeBank Transfer1FreeFreeINR 1,500Not recordedNot recordedInstant
AstroPayOtherAvailable in regions where AstroPay is accepted.FreeFreeUSD 20Not recordedNot recordedInstant
UPIBank Transfer1FreeFreeINR 1,500Not recordedNot recordedInstant

Broker's notes on these methods

  1. Processing times may vary depending on the bank and country; available in India. · applies to 2 methods
Fees, limits and processing times as published by STAR NET, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the STAR NET brand.

1 entity
  • STAR NET LIMITEDdissolvedNew ZealandRegistration 801458Established Feb 7, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about STAR NET

Most Popular Questions
Yes, STAR NET offers customer support during business hours with live chat, email, phone, and social media channels. Clients can reach support via phone at +44 2035751151, email at support@starnetfx.com, or through their Facebook and LinkedIn pages.
STAR NET offers a maximum leverage of up to 400:1. This leverage applies to their trading accounts and instruments.
STAR NET supports deposits via bank transfer, credit cards (Visa, MasterCard), e-wallets (Neteller, Skrill), cryptocurrencies, and local Indian payment methods like UPI and PhonePe. Deposits generally have no fees, with processing times ranging from instant to a few days depending on the method.
STAR NET provides access to MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop, web, iOS, and Android devices, offering advanced trading tools and multi-asset trading capabilities.
STAR NET Limited is an offshore broker registered in Mauritius and regulated by the Financial Services Commission (FSC) of Mauritius. The FSC is a government regulator classified as tier 3, providing medium transparency and regulatory oversight.
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