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How is VSTAR? Is it Reliable?

VSTAR was established in 2020 and offers a wide range of financial products, covering stocks, indices, forex, commodities, and cryptocurrencies, providing traders with a diverse selection of assets.

How is VSTAR? Is it Reliable?

Introduction to VSTAR

VSTAR is an investment company registered in Cyprus, established in 2020. It is part of the global multi-asset fintech group V&S HOLDING, known for its internet retail brand. VSTAR provides users with high-quality trading experiences and low trading costs, featuring advanced tools and expanding its core products into new markets. The company focuses on deepening its connection with traders to meet their needs.

VSTAR offers a variety of trading products and services, including forex, CFD stocks, indices, commodities, and cryptocurrencies. It also provides educational resources covering trading basics, CFDs, commodities, stocks, cryptocurrencies, and a series of podcasts to help traders enhance their trading knowledge and skills.

VSTAR Security

  • VSTAR is licensed in several countries worldwide:
    • Cyprus Securities and Exchange Commission (CySEC)
    • Mauritius Financial Services Commission (FSC)
    • Australian Securities and Investments Commission (ASIC)
  • VSTAR is a member of the Investor Compensation Fund (ICF), which provides compensation for clients of Cyprus Investment Firms (CIFs) in case of claims due to failure of obligations by the fund members. The fund's objective is to ensure that insured clients are compensated for claims against fund members as regulated by CySEC’s Directive DI87-07.
  • VSTAR separates traders' funds from its operating funds, holding them in independent bank accounts to enhance fund security and transparency. This ensures that traders' funds are not used for platform operations or other purposes.
  • The platform employs secure payment systems, including encryption technology and secure payment gateways, and partners with compliant payment providers to ensure safe and reliable deposit and withdrawal processes.
  • VSTAR implements strict risk control measures, including stop-loss orders, market orders, and limit orders to help traders manage risks. It also performs identity verification and anti-money laundering (AML) checks to prevent fraud and illegal activities.

VSTAR Service Features

Advantages of trading on the VSTAR platform include:

  • Top-quality CFD trading experience with diverse trading products, including stocks, indices, currency pairs, commodities, and cryptocurrencies.
  • Excellent market depth, efficient order execution, and flexible leverage options, with VSTAR's user-friendly trading software helping traders seize market opportunities.
  • Ultra-low trading costs and transparent fees.
  • Robust technological infrastructure ensuring trading stability and security.
  • Strict regulatory compliance providing a transparent and fair trading environment.
  • Multilingual customer service team available 24/7.
  • Rich trading tools, including chart analysis, technical indicators, news updates, educational resources, and tutorials.

VSTAR Account Types

VSTAR offers various account types, including a floating spread account for individual traders and Pro Trader services for institutional clients, featuring ECN and VIP accounts. It also provides a demo account with virtual funds for risk-free practice and platform testing. Opening a demo account requires only a valid email address and password.

Floating Spread Account

  • Minimum Deposit: $100
  • No Commission
  • Spreads as Low as: 1.2 pips
  • Minimum Trade Size: 0.01 lots
  • Trading Platform: VSTAR App

Pro Trader

Designed for unconventional trading strategies, supporting:

  • Latency Arbitrage: Utilizing technology or specific system settings to access market data faster and execute trades quicker than other market participants, profiting from minute time differences.
  • Arbitrage: VSTAR provides access to multiple markets and low-latency execution to capture price discrepancies and profit.
  • High-Frequency Trading: Using VSTAR's high-performance trading infrastructure and rapid data flow for millisecond-level execution, capturing small profit opportunities.
  • Scalping: VSTAR’s low slippage and instant execution capabilities ensure efficient execution of numerous trades in a short time to maximize profits.

ECN accounts and VIP accounts offer different types of services to meet the needs of various traders.

  • ECN Account: Designed for optimal execution and pricing, directly connecting to various liquidity providers for fast execution and low spreads.
  • VIP Account: Designed for traders seeking ultra-low trading costs, providing superior conditions and advanced tools, meeting complex trading strategy needs with exclusive support and technical resources.

Comparison of Accounts:

Account Type ECN Account VIP Account
Max Leverage 1:200 1:200
Min Deposit $20,000 $10,000
Trading Commission $6/lot No Commission
Min Spread 0.0 pips 1.0 pips
Max Position 200 lots/order 200 lots/order

VSTAR Account Opening Process

Opening an account with VSTAR is simple. By clicking on "Open an Account with VSTAR!" and using the exclusive Hawk Insight invitation code 【wg5entlo】, new users receive a welcome package.

Through the VSTAR App:

  1. Download the VSTAR App: Available for iOS and Android devices.
  2. Register an Account: Open the app to log in or register a VSTAR account, using third-party or social login services (e.g., Facebook, Google, Apple ID).
  3. Complete Information: Register using an email, fill in necessary details like name, email address, and other personal information.
  4. Verify Identity: Submit identification documents (e.g., passport, driver’s license) and possibly recent utility bills or bank statements to confirm your address.
  5. Deposit Funds: After setting up and verifying the account, deposit funds to start trading.

Through the VSTAR Website:

  1. Visit vstar.com and click "Register" in the upper right corner.
  2. Enter Email Address: Set a login password and follow the steps.
  3. Download the VSTAR App as per the instructions post-registration.
  4. Login and Switch to Real Account: Submit personal information in your profile.
  5. Start Trading: After account approval and funding, trading on the VSTAR platform can commence.

Identity verification requires a valid international passport, ID, or driver’s license, and proof of residence, such as a utility bill or bank statement within the past 6 months.

VSTAR Deposit and Withdrawal

Deposit 

VSTAR accepts wire transfers, credit/debit cards, and various international payment methods like Perfect Money, Skrill, Neteller, Sticpay, and ChipPay.

Credit Card Deposit Example:

  1. Select Deposit Method: Visa/Mastercard.

    Select Deposit Method: Visa/Mastercard

  2. Enter Deposit Amount.

    Enter Deposit Amount.

  3. Choose Payment Method: For Visa card payments.

    Choose Payment Method: For Visa card payments.

  4. Fill in Card Information: Include billing address, card details, and click "Pay Securely."

    Fill in Card Information

  5. Payment Processing: Typically takes about 10 seconds.
  6. SMS Verification: Sometimes required.

    SMS Verification: Sometimes required

  7. Completion: The page will show completion information once the deposit is successful.

Available Deposit Methods:

  • Bank Wire: 3-5 business days.
  • Alipay: Real-time.
  • UnionPay: Instant.
  • USDT (Cryptocurrency): 3 minutes.
  • Perfect Money: 30 minutes.
  • Visa/Mastercard: 1 minute.

Notes:

  • International Wire Transfers: May take 3-5 business days, and VSTAR does not charge fees; however, intermediary banks might.
  • Credit Cards: Only international credit cards are supported. Restrictions and limits may apply based on the credit card provider.

Withdrawal 

VSTAR supports withdrawals via bank cards and USDT.

VSTAR supports withdrawals via bank cards and USDT.

Here’s the process for withdrawing funds using a bank card:

  1. Select UnionPay as the withdrawal method and enter the amount to be withdrawn.
  2. Provide the required information, including the recipient's name, bank card name, card number, and bank branch.
  3. After confirming the information is correct, click submit.
  4. Within two business days of submitting the withdrawal request, you will receive an email confirming the status of the withdrawal.

Notes

  • When applying for a withdrawal, the account balance must be at least $50.
  • Withdrawals can be made even if there are open positions, but if the available margin exceeds the specified withdrawal amount, the request will not be processed.
  • Withdrawing funds from an account with open positions may trigger a margin call or automatic stop-out. VSTAR does not accept third-party deposits or withdrawals.
  • All deposits and withdrawals must be made using a personal bank account or card registered under the user's name. Funds deposited using accounts or cards under another person's name or a company’s account will be returned.

VSTAR Trading Platform

VSTAR offers trading services through its proprietary VSTAR App, which supports both iOS and Android devices. The app provides access to a variety of financial markets, including forex, CFDs, stocks, indices, commodities, and cryptocurrencies.

  • Instant Notifications: Set price alerts, order executions, and price movement notifications.
  • Anytime Market Access: Monitor positions, open and close trades quickly, allowing users to trade from anywhere.
  • Mobile-Optimized Charts: Enables traders to analyze and monitor price movements.
  • Multi-Layer Security Technology: Ensures the security of trading information and funds.
  • Real-Time Quotes: Enhances trading accuracy, helping traders make timely decisions based on the latest market data.
  • Switch Between Demo and Live Accounts: Traders can practice strategies and risk management in different trading environments.

VSTAR Trading Products

Forex

VSTAR offers over 70 major and cross-currency pairs, providing potential opportunities to profit from the financial markets. Key benefits include:

  • Flexible Leverage: Leverage ranging from 1:1 to 1:200, enabling participation in larger market trades with smaller capital.
  • Excellent Market Depth: Ensures fast order execution, preventing missed opportunities.
  • Low Spreads: Competitive spreads starting as low as 0.0 pips on major currency pairs.
  • Fast Execution: Ultra-fast millisecond order execution for dense trade volume.

Commodities CFDs

Commodity trading provides an opportunity for portfolio diversification and a hedge against inflation. Key advantages include:

  • 11 Popular Commodities: From gold and oil to coffee and cotton, there’s a wide range of trading opportunities.
  • Low Entry, Flexible Funds: Trade with as little as 0.1 lots.
  • Short and Long Trades: Profit from market fluctuations by going long or short.

Indices CFDs

VSTAR offers indices from major global stock markets such as the Dow Jones, Nasdaq, as well as indices from Europe and Asia. Trading indices CFDs allows traders to capitalize on market movements without owning individual stocks. Key benefits include:

  • Low Costs and No Commissions: Transparent trading fees and competitive spreads.
  • Flexible Leverage: Leverage of up to 1:200 allows greater market exposure with less capital.
  • Extended Trading Hours: Some indices offer 24/7 trading, providing more opportunities.

Cryptocurrencies

VSTAR offers a wide range of cryptocurrency trading products, including Bitcoin, Bitcoin Cash, Litecoin, Ripple, Ethereum, and more. Cryptocurrency CFDs allow traders to benefit from price fluctuations without owning the underlying asset. Key advantages include:

  • Over 40 Cryptocurrencies: Access to a variety of popular cryptocurrencies.
  • No Need for Actual Ownership: Profit from price movements without holding physical assets.
  • Zero Commissions: Lower fees compared to traditional exchanges.
  • 24/7 Trading: Always-on trading opportunities.

Stocks

Through VSTAR, traders can speculate on stock price movements using CFDs, without actually owning the stock. Benefits of stock CFD trading include:

  • Low Minimum Investment: Start with as little as $50 to invest in some of the world’s largest and most renowned companies.
  • Flexible Leverage: Up to 1:10 leverage for broader trading opportunities.
  • Low Trading Costs: Maximize profits with lower trading costs.
  • Transparent Fees: Commissions as low as $0.

Frequently Asked Questions

What are the benefits of using a demo account?

  • A demo account replicates real market conditions, allowing traders to become familiar with the platform, access market charts, trading signals, forex news, and more. A demo account comes with $100,000 in virtual funds, enabling traders to test strategies without financial risks.

What is the minimum deposit amount for VSTAR?

  • The minimum deposit is $50 or an equivalent amount in foreign currency, with the account balance displayed in USD.

Do demo accounts expire?

  • Yes, demo accounts are valid for 30 days upon opening and will automatically expire after 30 days without prior notice.

·Original

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

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Directory
Introduction to VSTAR
VSTAR Security
VSTAR Service Features
VSTAR Account Types
Floating Spread Account
Pro Trader
ECN accounts and VIP accounts offer different types of services to meet the needs of various traders.
VSTAR Account Opening Process
VSTAR Deposit and Withdrawal
Deposit 
Withdrawal 
VSTAR Trading Platform
VSTAR Trading Products
Frequently Asked Questions