Basic Information
Registered Region 
Comoros
ComorosOperating Period
2-5 years
Company Name
SD STAR FX LTD
Customer Service Email Address
support@sdstarfx.com
Contact Number
+97142838086
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
The WikiFX Score of this broker is reduced because of too many complaints!
SDstar FX
Comoros
|
2-5 years
|
ECN Account
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://sdstarfx.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
India 2.75Surpassed 13.50% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+971 42838086
support@sdstarfx.com
https://sdstarfx.com/
Bonovo Road, Famboni, Island of Moheli, Comoros Union
The WikiFX Score of this broker is reduced because of too many complaints!
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3
6
Account
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$25
- Minimum Spread1.4
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
Updated：
Users who viewed SDstar FX also viewed..
XM
9.10
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
Score
9.10
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
PU Prime
8.44
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
PU Prime
Score
8.44
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
FBS
8.79
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
FBS
Score
8.79
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
CPT Markets
8.51
Score
ECN Account 10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
CPT Markets
Score
8.51
ECN Account 10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website
Website
sdstarfx.com
167.86.70.107Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| SDstar FX Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Comoros |
| Regulation | No regulation |
| Market Instruments | Currency Pairs, Indices, Stocks, Commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | 1.4 pips (Standard account) |
| Trading Platform | MetaTrader 5 (MT5) |
| Minimum Deposit | $100 |
| Customer Support | Email: support@sdstarfx.com |
SDstar FX Information
SDstar FX, created in 2023 and registered in the Comoros, is not subject to any recognized financial regulations. It trades currencies, indices, stocks, and commodities using the MetaTrader 5 platform, with three actual account types and a demo account for practice. While it offers high leverage of up to 1:500 and reasonable spreads, the absence of regulatory control is a problem.
Pros and Cons
| Pros | Cons |
| Offers MetaTrader 5 platform across devices | No regulation |
| Provides demo accounts for practice | No swap-free accounts |
| Multiple account types with flexible leverage options | Only email support |
Is SDstar FX Legit?
SDstar FX is not a regulated broker. It says it is registered in Comoros, but this area does not have a recognized financial authority that oversees forex or brokerage services.
Whois data show that the domain sdstarfx.com was registered on August 1, 2023, and last updated on August 7, 2024. It will expire on August 1, 2027. The domain is currently “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.
What Can I Trade on SDstar FX?
SDstar FX provides trading in several asset types, including as currency pairs, indices, stocks, and commodities.
| Tradable Instrument | Supported |
| Currency Pairs | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Cryptos | ✖ |
| Bonds | ✖ |
| Options | ✖ |
| ETFs | ✖ |
Account Type
SDstar FX offers three types of live accounts: Standard, Pro, and ECN, as well as a demo account for practice.
| Account Type | Minimum Deposit | Maximum Leverage | EUR/USD Spread | Commission | Suitable for |
| Standard | $25 | 1:500 | 1.4 pips | 0 | Beginners, small-scale traders |
| Pro | $2,500 | 1:400 | 0.9 pips | 0 | Intermediate traders seeking better pricing |
| ECN | $10,000 | 1:300 | Raw | $5 per lot | Advanced, high-volume traders |
Leverage
SDstar FX offers leverage of up to 1:500 on its Standard account, 1:400 on Pro, and 1:300 on ECN. High leverage raises the potential for enormous profits, but it also increases the danger of significant losses, particularly in volatile markets; traders should utilize leverage with caution.
SDstar FX Fees
SDstar FX's trading fees are typically consistent with industry standards, with moderate spreads on Pro and ECN accounts, however, Standard accounts have slightly higher spreads.
| Account Type | Spread (EUR/USD) | Commission |
| Standard | 1.4 pips | 0 |
| Pro | 0.9 pips | 0 |
| ECN | Raw | $5 per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 (MT5) | ✔ | Web, Windows, macOS, Android | Experienced traders |
| MetaTrader 4 (MT4) | ✖ | — | Beginners |
Deposit and Withdrawal
SDstar FX makes no mention of any deposit or withdrawal fees on its website. The minimum deposit is $100.
| Payment Method | Minimum Deposit | Processing Time |
| Crypto | $100 | Instant or a few minutes; longer on weekends/holidays |
| Wire/Bank Transfer | ||
| Google Pay | ||
| UPI ID | ||
| Cash |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
Exposure Is SDStarFX a Legal Broker? Read This to Find Out
SDStarFX is another Forex Broker in the competitive world of forex trading. But the key question is: Is it safe or is it a scam?
Exposure Your Money at Risk! 20 Brokers Blacklisted by WikiFX
"Thinking about investing? Make sure you've gone through this list thoroughly. Here is the list of 20 scam brokers that you must avoid.
Exposure WikiFX Review: Can SDstar FX make your money safe?
In the ever-evolving world of online trading, new forex brokers are constantly emerging, offering a wide range of services and instruments to attract traders. SDstar FX is a newcomer to the forex industry, registered in Mauritius, and is making its presence known in the market.
Wiki Q&A
Rpy Sundram 
1-2 years
Do I need to pay a commission?
Commissions vary depending on the account type; Standard and Pro do not require commissions, and ECN has a commission of $5 per lot. Novices who test the waters in small amounts can take advantage of low commissions to optimize the income structure and improve the cost performance of transactions.
Broker Issues
Fees and Spreads
07-21
United States
Hhduy
1-2 years
What are the pros of SDstar FX？
SDstar FX has the following advantages: it offers a cross-device MetaTrader 5 platform that facilitates trading on different devices; Three types of real accounts are available: Standard, Pro, and ECN, as well as a demo account for practice; The leverage options are also flexible, with Standard offering 1:500 leverage, Pro offering 1:400 leverage, and ECN offering 1:300 leverage.
Broker Issues
Regulation
06-24
United States
Arnold Joseph
1-2 years
Are there any cons to SDstar FX？
SDstar FX has the following shortcomings: first, unregulated and there is a lack of protection for funds and transactions; second, no swap-free account is provided; Third, only email customer service is supported, which may affect the transaction experience.
Broker Issues
Regulation
06-23
United States
Allan777
1-2 years
I want to trade with low spreads. Will SDstar FX suit me?
SDstar FX has the lowest spreads of 1.4 pips, which is at a high level in the industry. Therefore, it is not suitable for traders who value low transaction costs and pursue efficient cost control.
Broker Issues
Fees and Spreads
06-03
United States
View More
User Reviews 6
No more
Write a review
Exposure
Neutral
Positive
Content you want to comment
Please enter...
Submit now
Comment 6
Write a comment
6
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
Snigdha
India
SDSTAR FX /SDFX GLOBAL/WEALTH WAVE PRO all are scamming brokar they don't have to pay profit and principal it's my proof
Exposure
FX2265979438
India
withdrawal not given from 1 year. this is fully scammed. i want my money return please help me...
Exposure
Bhola3655
India
SD star principal is not withdrawing they are using very badly and them
Exposure
Mohan Jeet
India
super fast deposit and withdrawal. genuine spread .😍
Positive
FX2156348195
India
The broker house not giving any kind of withdrawal, neither Profit nor principal.
Exposure
Tapahi Mali
India
I can't principal withdrawal from sd star fx, also profit share because Dipankar Samanta is a chitar person.He is M.D of Sd Star Fx.
Exposure