Starwave FX

Starwave FX is a forex and CFD brand operating through Starwave FX Ltd, a company that states it is registered in Saint Lucia. The website lists the registered address as Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, and shows a company registration number of 2026-00285.

The broker positions itself as a multi-asset provider with MetaTrader 5 (MT5) access and an instrument lineup that spans forex, metals, indices, commodities and share CFDs. Marketing content emphasizes segregated accounts, 24/5 support, and high leverage (up to 1:400) for forex and metals. Specific pages also reference limited-leverage products such as indices and share CFDs (typically up to 1:20).

Starwave FX publishes multiple live account tiers (Micro, Standard, Premium, and ECN) and a swap-free option. Each account uses MT5 and shows a per-lot commission plus headline minimum spreads that vary by account. The site also lists funding and withdrawal guidelines and a 100% Credit Bonus with detailed release conditions.

Important for due diligence: Starwave FX’s website discloses Saint Lucia company registration, but does not publish authorizations from major financial regulators (e.g., FCA, ASIC, CySEC, NFA/CFTC). Saint Lucia’s Financial Services Regulatory Authority (FSRA) is the non‑bank financial regulator; however, Starwave’s site does not identify any FSRA or other license, and its own footer outlines restricted regions (including the United States). Traders should factor this into their risk assessment.

Who it may suit: Starwave FX can appeal to experienced retail traders who want MT5 access, a swap‑free option, and flexible leverage on forex/metals, and who are comfortable trading with an offshore, Saint Lucia‑registered firm that does not publish mainstream regulatory licenses.

rading Regulators

Starwave FX Ltd states it is registered in Saint Lucia (company no. 2026-00285) at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros‑Islet. The website does not publish licenses from major financial authorities such as the UK Financial Conduct Authority (FCA), the Australian Securities & Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), or US NFA/CFTC. Saint Lucia’s non‑bank financial sector is overseen by the Financial Services Regulatory Authority (FSRA), but the broker does not identify any FSRA or other license on its pages. Traders should verify any authorization directly with the relevant regulator before funding.

Client Fund Protection

The site states that client funds are kept in segregated accounts, separate from the company’s own funds. While segregation helps reduce commingling risk, it is different from statutory investor compensation or negative balance guarantees available in some regulated markets. Starwave FX does not describe participation in an investor compensation scheme on its pages.

Security measures

Trading is offered via MT5, which uses encrypted connections between client terminals and servers. The broker references standard KYC/AML onboarding in its FAQ and highlights encrypted trading under platform content. No external security attestations or penetration test reports are published on the site. As always, enable two‑factor authentication where available and limit platform credentials reuse.

Starwave FX lists access to a multi‑asset CFD lineup across global markets. Headline categories include forex, metals, indices, commodities, and share CFDs. The forex page cites 40+ currency pairs; indices reference 10+ global benchmarks (e.g., S&P 500, Dow Jones, Nasdaq). Share CFDs are promoted as covering leading US names with up to 1:20 leverage. Metals content highlights gold, silver, platinum, palladium, and copper. Exact total instrument counts by asset are not fully itemized across the site.

Indicative leverage by asset (as published): up to 1:400 on forex and metals; up to 1:20 on indices and shares. This matters for margin planning—higher leverage reduces margin per trade but increases exposure to large swings; lower leverage on equity/indices helps cap risk on typically more volatile, news‑sensitive products.

Starwave FX shows four live account tiers and a swap‑free option. All use MT5 and list per‑lot commissions plus headline minimum spreads. Understanding the trade‑off between minimum spread claims, per‑lot commission, and leverage is crucial for cost control and margin planning.

Swap‑free: The site lists a separate swap‑free specification (min deposit $0, leverage up to 1:400), useful for traders who cannot pay/receive overnight interest; confirm applicable symbols and any administrative fees before use.

Starwave FX utiliza spreads variables y, además, una comisión publicada por lote en todos los tipos de cuenta listados. En la página de comparación de cuentas se muestra $2 por lote (spot) y $5 por lote (futures) en las cuentas Micro, Standard, Premium y ECN. Los spreads mínimos principales varían: Micro 10 pips, Standard 5 pips, Premium 2 pips y ECN 0 pips. Esta estructura significa que el coste total de la negociación es la suma del spread más la comisión; en ECN, la mayor parte del coste corresponde a la comisión y, además, al spread en vivo que exista en el momento de la ejecución.

Hay inconsistencias entre páginas sobre los spreads más ajustados (algunas páginas de mercado mencionan mínimos de 0.0 pips de forma más general). Como el bróker no publica los spreads promedio, la previsibilidad del coste dependerá de las condiciones reales del mercado y de la elección de la cuenta. Los scalpers y las estrategias de alta frecuencia deberían probar en una demo y con tamaños pequeños en real para observar el coste efectivo de “spread + comisión” durante sus horas de actividad.

La financiación overnight (swaps) aplica salvo que se use la configuración libre de swap (swap‑free), que el sitio indica como disponible; confirma la cobertura de símbolos y cualquier tasa administrativa o cargo alternativo. En las páginas revisadas no se publica un calendario explícito de comisiones por inactividad; consulta con el soporte para confirmar si se aplican cargos a las cuentas dormidas.

Comisiones no relacionadas con la negociación: la página de financiación afirma “Sin comisiones de depósito & retiros instantáneos”, pero sus tablas también hacen referencia a comisiones del lado del proveedor (por ejemplo, algunos métodos listados como 1% o desde 3.5%). Las transferencias bancarias muestran mínimos más altos y un procesamiento más lento en los depósitos. Como con cualquier bróker offshore, los bancos o los procesadores pueden cobrar la conversión de divisas si las monedas de financiación/retiro difieren de la divisa de la cuenta.

Deposits

The funding page lists bank wire and multiple e‑wallets/cards. Indicative minimums: bank wire from $500 (1–5 business days), most e‑wallet/card methods from $100 with “Instant” execution. Some methods are shown as free, while others display 1% or “from 3.5%” commissions (typically processor side). Verify fees inside the client portal, as provider charges can change.

Withdrawals

Published minimums: $100 for bank wire and $10 for most e‑wallets/cards. The page cites processing “1–24h to complete process” for listed methods; bank transfer settlement at the receiving bank may take longer. The FAQ reiterates a $10 minimum withdrawal for methods other than bank wire and notes same‑source return policy.

Methods

Logos and references include bank wire, AdvCash, Payoneer, MyFatoorah and other e‑payment channels. Because logos are indicative and the page links to the client portal for action, treat them as representative rather than exhaustive and confirm availability by country.