StarkMarkets is a financial services provider that offers CFD trading in a selection of more than 70 financial assets to traders from all over the world through the intuitive MetaTrader 4 and MetaTrader 5 trading platforms. The broker claims that they have the technological expertise and vast resources to help you unleash your full potential and take advantage of unparalleled trading experience.
StarkMarkets Review, Pros & Cons
- Sophisticated MT4 & MT5 trading platforms
- A range of useful trading tools
- A selection of educational resources
- Multiple financial instruments
- Unregulated broker
- No USA clients
- Limited account funding options
- Not the tightest spreads
- Minimum $1,000 deposit
In this detailed StarkMarkets review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Headquartered in Bulgaria, StarkMarkets is an online trading broker that provides traders with multiple sophisticated trading platforms for trading over 70 financial instruments across different asset classes, such as stocks, commodities, forex, indices, and more. They also provide traders with a range of trading tools and educational resources. There are multiple account options with the least deposit of $1,000 and leverage of up to 1:200.
The broker is not regulated by any known financial authority at the moment. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
StarkMarkets do not provide any of its services to residents of certain jurisdictions including but not limited to the United States of America, Israel, and high-risk jurisdictions or countries that are subject to sanctions.
Some StarkMarkets features and products mentioned within this StarkMarkets review may not be available to traders from certain countries because of legal restrictions.
MT4/MT5 Trading Platforms
StarkMarkets provides traders with intuitive MT4 and MT5 trading platforms, and traders are allowed to choose the platform that best suits. MT4 and MT5 are two different platforms built on different programming languages, and they have their unique features. The MT4 platform is suitable for beginners while MT5 allows for advanced programming opportunities, multiple algorithms, execution at the same time, and more timeframes, which makes it generally better for more tech-savvy and experienced traders. Also, MT5 is designed for trading with other than forex financial markets like futures, options, commodities, and stocks.
Both the MT4 and MT5 trading platforms are available as desktop applications for Windows and Mac computers, web versions that can run directly on most modern web browsers, and mobile apps that are compatible with Android and iOS devices and can be downloaded from the respective app stores.
StarkMarkets Trading Tools
The broker provides traders with useful trading tools to ensure an enhanced trading experience. These tools include an Economic Calendar, Trading Signals, and more.
To help traders improve their knowledge of the financial markets, the broker provides a vast array of educational resources, such as News, Video Courses, Ebooks, Glossary, and an FAQ section that offers instant answers to clients’ most common questions.
StarkMarkets offers online CFD trading in over 70 financial instruments across different asset classes, such as stocks, commodities, forex, indices, and more.
StarkMarkets Accounts & Fees
StarkMarkets offers multiple account options to meet the individual trading needs of clients. The account types and their corresponding minimum required deposits are as follows: Bronze ($1,000), Silver ($2,500), Gold ($10,000), and VIP ($250,000) Accounts. Each one of the account types is equipped with a different set of tools to personally fit your trading style and level of experience.
As broker fees can vary and change, there may be additional fees that are not listed in this StarkMarkets review. It is imperative to ensure that you check and understand all of the latest information before you open a StarkMarkets broker account for online trading.
The broker’s customer support is available via telephone, email, and web chat to assist traders with any issues they may have.
StarkMarkets Deposit & Withdrawal
Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank transfer
- Credit/Debit cards
StarkMarkets Account Opening
To open a trading account, you are required to click on the ‘Open account’ icon on the website and fill out the form properly and submit. Once your account is created, you can fund your account to start trading.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
In brief, StarkMarkets is an online trading broker that is based in Bulgaria and offering access to trading multiple tradable assets via the MT4 and MT5 trading platforms. Traders also enjoy access to trading tools, educational resources, and a client support team. There are also multiple account options available to clients. However, there is no regulatory information on the broker’s website at the moment, which could discourage many potential traders from opening an account with them. You can see a list of regulated brokers on our best brokers page.
Trading on leveraged CFDs may be risky and not suitable for everyone. Do not trade with more money than you can afford to lose.