faq
  • 1.

    What is a Live Trading Account?

    A Live Trading Account offers traders a gateway to the financial markets, allowing them to trade with real funds. STARTRADER provides access to over 1000+ financial products including forex, indices, shares, commodities, metals, and more through CFD trading. Live trading account sets itself apart from demo accounts by requiring an initial deposit of real funds, enabling the execution of actual trades with real money.

  • 2.

    What are the benefits of opening a Live Trading Account?

    Opening a Live Trading Account empowers you to actively participate in the financial markets with real capital. This authentic trading environment facilitates not just the application of trading strategies in real-time but also offers the potential for real financial gains, providing a comprehensive trading experience.

  • 3.

    What documents are required to open a Live Trading Account?

    Certain documentation is essential for identity verification when creating a Live Trading Account with STARTRADER. The following documents are accepted for verification purposes:

    • - Proof of identificaiton: valid passport showing the photo and signature page; driving licence; government-issued identity card.
    • - Proof of residential address, such as utility bills or bank statements, dated within the last three months, bearing your full name and address.
  • 4.

    How long does it take to open a Live Trading Account with STARTRADER?

    After submitting required documents your account will undergo a review process that typically takes 24 hours, before it is ready for trading. Should there be any delays beyond this period, please reach out to our support team at info@startrader.com for assistance.

  • 5.

    What distinguishes a Demo Trading Account from a Live Trading Account?

    While both account types offer similar trading environments, they cater to different stages of a trader’s journey. A Demo Trading Account is designed for educational purposes, allowing traders to familiarize themselves with the platform and practice trading strategies without being exposed to financial risk with virtual funds. Conversely, a Live Trading Account brings in the aspect of using real money, granting access to actual financial markets and presenting both opportunities for profits and risks of losses.

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