Scam Broker Starbit26

If you are looking for a reliable and trustworthy broker to trade cryptocurrencies, you might have come across This is a website that claims to offer a variety of trading services, such as CFDs, forex, stocks, indices, commodities, and of course, crypto. But is a legit broker or a scam? In this review, we will examine the features, advantages, and disadvantages of, and help you decide if it is worth your time and money.

What is is a trading platform that was launched in 2019 and is operated by Starbit Limited, a company registered in St. Vincent and the Grenadines. According to the website, has over 250,000 clients worldwide and offers more than 200 trading instruments, including 50+ cryptocurrencies. The website also claims to have a team of professional traders and analysts who provide market insights and trading signals to the clients.

What are the drawbacks of

  • Lack of regulation: is not regulated by any reputable authority or agency. This means that there is no guarantee that the broker follows fair and transparent practices or that it protects the funds and data of its clients. Moreover, if the broker goes bankrupt or engages in fraud or misconduct, there is no recourse or compensation for the clients.
  • Negative reviews: has received many negative reviews and complaints from its clients on various online platforms. Some of the common issues that clients have reported are: difficulty in withdrawing funds, hidden fees and charges, poor customer service, manipulation of prices and trades, and aggressive marketing tactics.
  • No demo account: does not offer a demo account for its clients to test their platform and services before investing real money. This is a disadvantage for beginners who want to practice their skills and strategies without risking their capital.
  • No MT4/MT5 support: does not support the popular MetaTrader 4 or MetaTrader 5 platforms that many traders prefer to use for their advanced features and functionalities. The web-based platform that provides is limited in comparison and does not allow automated trading or custom indicators.

Conclusion is a trading platform that offers a variety of trading products and services,

but it also has many drawbacks that outweigh its benefits. The main concern is the lack of regulation

and the negative reputation that the broker has among its clients. Therefore, we do not recommend as a reliable or trustworthy broker to trade cryptocurrencies or any other financial instruments. 

If you are looking for an alternative broker that is regulated, reputable, and offers a wide range of crypto trading options, we suggest you check out This is a website that provides unbiased and comprehensive reviews of the best crypto brokers in the market. You can compare the features, pros, and cons of different brokers and choose the one that suits your needs and preferences. also offers useful tips, guides, and news on the latest trends and developments in the crypto industry. Visit today and find your ideal crypto broker.

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