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Overview

Forex Start was founded in 2007. It is the official representative of the English company Alfa Digital LLP. in Russia. At the same time Alfa Digital LLP is an international representative of the financial corporation Profiforex Corp., providing all kinds of consulting services in the financial markets of the world.

Forex Start cooperates with major market makers, including Swiss banks (Credit Suisse, UBS), financial companies (JPMorgan Chase, Citigroup, Barclays Plc.) and commercial banks (Goldman Sachs). That is why the broker can guarantee its customers some of the most favorable conditions of trading on the Forex market.

The broker in a relatively short period of time has been able to attract the attention of many Forex traders, who become its regular customers, due to the high-quality service and attractive conditions for trading on the Forex market

Currently Forex Start is one of the largest dealers in Russia on the Forex market, and according to research data about 87% of Forex traders, who are customers of the broker, have a stable profitable trade on the foreign exchange market.

Broker is interested in its further development, and it is always glad to see new customers, who have decided to start trading on the foreign exchange market, so its Internet site provides a large number of learning materials for beginners, help of experts via online chat for all questions and, of course, the competition Star Forex, which allows winning good cash prizes.

Bonuses

Despite the fact that Forex Start does not offer currently Forex bonuses to its customers for the replenishment of the trading account, it still gives traders the opportunity to receive free funds. Every customer of the broker can take part in the contest Star Forex, which is held weekly. Participants of the contest receive $5,000 on a demo account and as soon as the competition begins, they start trading on the foreign exchange market. Three best Forex traders, based on the results of a week, who show the highest profit on their accounts, receive reward from the broker.

Forex Start rewards winners with the following prizes:

- 1 place - $200

- 2 place - $150

- 3 place - $100.

Training

Forex Start collects on its site a large number of learning materials, which can be used by any customer.

What is Forex? (a video clip, which briefly describes the foreign exchange market).

About the foreign exchange Forex market:

- major currency pairs and minor currency pairs

- main advantages of the Forex market (liquidity, leverage, commission)

- market participants (central banks, commercial banks, companies, currency exchanges and natural persons)

- history of appearance and formation in Russia.

General information about Forex (educational videos).

Meta Trader guide (a detailed description of the trading platform and the instruments available on it).

Forex indicators (all popular indicators are discussed and how to use them).

Examples of money earning by currency pairs trading (a detailed description of the process with examples and calculations).

Professional trading systems (a detailed description of several profitable Forex trading systems).

Graphical analysis (learning materials about technical analysis).

After familiarizing with the Forex market and learning the basics of currency pairs trading, any user that has become the broker's customer can open a demo account, where he can trade without any risk with virtual money in real time and test new Forex trading advisors, if necessary.

Terms of trading

Broker Forex Start offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- no minimum deposit

- the leverage is 1:500 (the decrease to 1:200 is possible on several accounts)

- a lot of currency pairs, securities, gold, silver, futures)

- spread is fixed from 3 points (the floating one is from 1 point).

MetaTrader 4

- multi-language support

- Instant Execution order

- locking

- many Forex indicators

- MetaQuotes Language 4 (operations with Forex trading advisors)

- expert assistance while the setup of Forex advisors

- quotes export via DDE

- charts printing

MetaTrader 5

- multi-language support

- 21 timeframe

- Instant Execution, Request, Market and Exchange order

- Market Depth is the measurement of the depth of the foreign exchange market

- MetaQuotes Language 5 (operations with complicated and profitable Forex advisors)

- quotes export via DDE

- high productivity due to the support of several components-servers

- charts printing.

Forex indicators (recommended)

- Instant Trend Line

- Anchored Momentum

- Silver trend Signal

- Flat trend

- 3 Shade Open.

Forex expert advisors (recommended)

- Megadroid (an automatic Forex advisor that provides very good results for the currency pair EUR/USD)

- NeroProfit (a mechanical Forex advisor, which gives quite accurate signals when to enter and when to leave the foreign exchange market)

- mrMartinGale (a semi-automatic Forex advisor that gives the opportunity to make a good profit while currency pairs trading on the Forex market)

- Tokyo GBP/USB (an automatic Forex advisor that makes a good profit after a competent setup, especially on the currency pair GBP/USB).

Investments

Customers of Forex Start can invest their funds optionally in successful managers. Every customer chooses a manager, discusses the percentage that he would pay to the Forex trader for working and the agreed types of risk. After this funds are given for the management.

Unique features

One of the unique features of Forex Start is a service of trading on the foreign exchange Forex market directly in the browser without downloading the program. This service is available to all users of the broker.

Forex Start also enables its customers to earn not only by trading on the foreign exchange market, but also with the help of affiliate program that has several directions of cooperation.

An offer of the broker to become a internet-partner will be interesting to people who like to communicate in forums and social networks, as well as for whose who have their internet sites. Internet partner talks about the services of the broker and gives to concerned people a link where they can register as a customer of Forex Start. All users, who register using the referral link, become referrals of the person, who introduces them to the broker. As soon as new customers begin to trade on the foreign exchange market, the user who invites them will receive a certain percentage of the spread, which is charged by the broker.

The second direction is the opening of a regional office in the user's city. This direction is suitable both for small firms and individual entrepreneurs. Forex Start is willing to provide all the necessary advertising materials for its partners and they will only have to attract new customers on the basis of the received materials.

The third direction is called White Label and it is designed for financial companies that tend to develop its own sphere of influence on the Forex market. Working conditions in this direction are individual and they are discussed with every partner separately. Then Start Forex provides all the necessary software, marketing materials and the comprehensive information support to its partner.

Add/withdraw funds

ForexStart offers its customers several ways to enter and withdraw funds: VISA, MasterCard, W1, QIWI, Ligpay, Web Money, Yandex money transfers from mobile phones and bank transfers.

Contacts

ForexStart provides 24 hours a day support to its customers via e-mail [email protected], online chat and ICQ 404-113-775.

Cons and pros

+ the fast-growing broker

+ no minimum deposit

+ small spread

+ good leverage

+ learning materials

+ contest

- no Forex bonuses

- no direct number for communication with specialists.

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