Stark Overview
Stark Is A Forex Broker Founded In 2021 That Offers Trading On A Wide Range Of Major Currency Pairs Through The MetaTrader 5 Platform. It Caters To Traders Of Different Experience Levels By Offering A Standard Floating Spread Account With Up To 400x Competitive Leverage And A Starting Spread Of 1.6 Pips. The Broker Supports Both Desktop And Mobile Trading, Ensuring User Convenience And Accessibility. However, Stark's Claim Of Regulatory Status Under The NFA (American Futures Association) Has Been Questioned As It Is Suspected Of Using Cloned License Numbers, Which Has Raised Concerns About Its Legality And The Safety Of Client Funds.
Pros And Cons
Starck Is Positioned As A Multi-functional Trading Platform That Is Serviced Through MetaTrader 5, Works On A Wide Range Of Devices, And Provides Access To Major Forex Markets With Attractive Leverage And Spread Options. It Supports Multiple Deposit And Withdrawal Methods To Facilitate Trading Activity. Despite These Operational Features, Its Regulatory Position Is Of Concern, With Serious Allegations Of The Use Of Cloned NFA License Numbers. This Raises Significant Concerns About The Broker's Reliability And Security, Making It A Priority For Those Who Prefer
Trading Instruments
Stark Offers Trading On Major Currency Pairs Including EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY, AUD/JPY, EUR/GBP And EUR/CHF.
Account Types
Stark Offers Standard Floating Spread Accounts, Including 100x To 400x Leverage Options, As Well As Forex Exchanges And Commodity Trading. The Account Supports Major Currencies Such As USD, EUR And GBP, Allowing Trading With A Minimum Trade Lot Size Of 0.01 And A Maximum Trade Lot Size Of 50. It Offers A Minimum Of 1.6 Spreads And Uses The MetaTrader 5 Platform, Which Supports Automated Trading Using Expert Advisors (EAs). Client Server Support Is Also Available.
High-risk Option For Traders Considering Safety And Compliance.
Leverage
Starck Offers Leverage Options From 100x To 400x.
Spreads And Commissions
Spreads For Starck Start From A Minimum Of 1.6 Spreads. The Broker Does Not Explicitly Mention Commissions, Which Suggests That Costs Are Primarily Based On Spreads.
Deposits And Withdrawals
Stark Offers The Following Deposit And Withdrawal Methods:
Deposit Methods:
- Bank Transfer: In USD, Processing Time Is 1-5 Business Days. Fees Vary Depending On The Bank.
- Micro Online Banking: Supports USD Transactions With Minimum Deposit Of $500 And Maximum Of $20,000. Transactions Are Usually Processed Within 1 Business Day, Free Of Charge.
Withdrawal Methods:
- Bank Transfer: In USD, Minimum Withdrawal Amount Is $50. Processing Time Is 1-5 Business Days And A Fee Of 20 Dollars Per Transaction Is Charged.
- Micro Online Banking: USD Transactions Are Supported With A Minimum Withdrawal Amount Of 50 Dollars. Withdrawals Take 2-7 Business Days And Are Free Of Charge.
Both The Deposit And Withdrawal Processes Prioritize Requests That Are Processed Before 2pm London Time, Monday To Friday, And Are Processed On The Same Day Or The Next Business Day. Withdrawals Can Only Be Transferred To Personal Bank Account Accounts And Third Party Payments Are Not Accepted. A 10 Dollars Withdrawal Fee May Be Charged For Telegraphic Transfers, But This Fee May Be Waived Under Certain Conditions.
Trading Platform
Starck Offers The MetaTrader 5 Platform, Which Can Be Used On Mobile Devices And Desktop End Points. This Allows Traders To Access A Variety Of Trading Tools And Functions From A Variety Of Devices.
Customer Support
Starck's Customer Support Is Available Through Multiple Channels. Their Office Is Located In Room 1601, 16th Floor, Unit 2, Building C2, Rongke Zhigu, 555 Cultural Avenue, Hongshan District, Wuhan City, Hubei Province. For Inquiries, Customers Can Contact Them By Email: Info@stklimited.com Or Cs@stklimited.com, Or By Calling (8627) 8773 8199.
CONCLUSION
Starck Offers A Range Of Services Through The MetaTrader 5 Platform, Including Competitive Leverage And Spreads For Major Forex Trading Pairs. Available On Both Mobile And Desktop, The Platform Provides Educational Resources And Support Options For Traders Of All Experience Levels. However, The Significant Drawback Of Starck Is The Cloud Of Doubt Over Its Regulatory Position, Involving A Potential Clone NFA License. This Raises Serious Concerns About The Safety Of Traders' Funds And The Overall Reliability Of The Broker. Traders Should Weigh The Relationship Between These Operational Advantages And Latent Risks, Which Relate To An Unproven Regulatory Framework, Before Deciding To Partner With Starck.
