Starter Prop Trader Review 2025

Starter Prop Trader was founded by “Robert Han Asyr” and is headquartered in Dubai. They offer over 50 assets to trade with 10% maximum total drawdown. The minimum price for a challenge in this prop is $49, and there is no time limit for challenges.

Starter Prop Trader Company Information

Starter Prop Trader burst onto the scene in 2024, with a clear mission: to empower traders worldwide by providing the resources, support, and transparency needed to succeed in the forex market.

The company's vision is nothing short of ambitious – to set new standards for integrity and support in the forex prop industry, making trading accessible and rewarding for all. Key points about Starter Prop Trader:

• Founded in 2024
• Focused on fairness and transparency for traders of all levels
• Committed to fostering a global, accessible, and innovative forex prop trading environment

Specification summary

What makes Starter Prop Trader different from other prop firms? The following table provides an overview of the specifications and features of this prop form:

Advantages & Disadvantages

What are the advantages and disadvantages of using Starter Prop Trader Firm services? Let's Break Down STP pros and cons:

While Starter Prop Trader offers some compelling advantages, it's important to consider their newcomer status in the industry. However, their innovative approach and commitment to transparency may outweigh these concerns for many traders.

What Are Fundings and Prices in Starter Prop Trader?

The prop firm offers two main evaluation programs in 3 account sizes, including $50K, $100K, and $200K, with different prices:

Starter Prop Trader 2-Step Academy Account

The prop firm offers a 2-step evaluation program designed for educational purposes, with no access to real accounts.

While the program offers no funded accounts at the end of the evaluation phase, it features a one-time reward as follows:

Once you pass the 2 stages of evaluation, you’ll be eligible for the reward.

Note: At the time of writing this Starter Prop Trader review, the prop firm offers a 20% discount on the 2-Step Academy program.

Starter Prop Trader 15% Profit Share on Challenge Phase

The company offers a unique opportunity to earn 15% of the profits in the evaluation steps, in addition to the 70% profit split in the funded phase.

To enable the challenge phase profit share feature, traders must pay increased fees for their challenges.

How to Register in Starter Prop Trader? Step-by-Step Guide!

Joining Starter Prop Trader is a straightforward process designed for quick access to funded trading challenges.

By providing your basic details and verifying your email, you gain entry to a proprietary trading ecosystem built for aspiring professionals. Starter Prop Trader registration steps:

#1 Reach the Official Website

Visit the Starter Prop Trader website and locate the account creation section—this can be found under login prompts or highlighted buttons like “Join Now” or “Open an Account”.

#2 Complete the Registration Form

Fill out the application with your personal information, including:

• First name
• Last name
• Email address
• Secure password (containing uppercase, lowercase, numbers, and symbols)

At the end, confirm you're not a bot, agree to the platform’s terms of use, and proceed.

#3 Activate Your Account via Email

Check your inbox for a message from Starter Prop Trader. Use the verification code provided to activate your account and access the trading dashboard.

#4 Starter Prop Trader Verification

What are the Evaluation Stages In Starter Prop Trader Firm?

While the prop firm previously offered 4 challenge types, including 2-Step Start, 2-Step Pro, 1-Step, and Instant, its account offerings have become limited to only two evaluation programs.

Starter Prop Trader 2-Step Academy Challenge

Starter Prop Trader 2-Step Pro Challenge

This structured approach helps Starter Prop Trader identify skilled traders who can manage risk effectively and generate consistent profits – a win-win for both the firm and the trader.

Starter Prop Trader Scaling Plan

Traders with a Starter Prop Trader account have the opportunity to scale their demo capital every four months by consistently performing. To qualify for capital increases:

• Achieve at least 10% net profit over four consecutive months (averaging 2.5% per month);
• Complete at least two payouts within the same period.

Meet both criteria to receive a 25% capital boost, up to a maximum of $1,000,000 in demo funding. Note that as part of the scaling plan, drawdown limits and profit split percentages improve over time:

• Maximum Drawdown: Up to 12%
• Maximum Daily Loss: Up to 6%
• Profit Split: Up to 95%

Note: Merging an account outside the scaling plan with one inside it resets the profit share to 70%.

To reward consistent performance, traders who enter the scaling plan receive a salary equal to their evaluation fee. This benefit is a token of appreciation for commitment and adherence to trading discipline.

Does Starter Prop Trader Firm Offer Bonuses and Discounts?

Starter Prop Trader prop firm knows how to keep things exciting for their traders with a range of bonuses and discounts:

• 15% profit share during the challenge and verification phases
• Performance-based incentives for hitting specific ROI targets
• Risk management bonuses for maintaining disciplined trading
• 45% discount on 2-Step Pro accounts (Available only for traders who have passed the 2-Step Academy challenge)
• 20% discount on 2-Step Academy challenges

Challenge phase profit share is available on the Starter Prop Trader 2-Step Pro evaluation program

Starter Prop Trader's focus on rewarding disciplined, profitable trading is clear. Their unique 15% profit share during evaluation stages sets them apart from many competitors, allowing traders to start earning real money even before reaching the funded account stage.

Remember always to read the current terms and conditions, as promotions and bonus structures are subject to change over time.

Rules and Trading Strategies

Starter Prop Trader rules demonstrate that VPN and VPS services are allowed but cannot be used to bypass trading rules. Hedging, EA use, and news trading follow specific guidelines to maintain fair trading practices and integrity.

• VPN/VPS Use: Allowed, but must comply with rules; misuse leads to account termination;
• Hedging: Group hedging is prohibited during demo trading;
• Expert Advisors (EA): Permitted for analysis and trade execution within rules;
• Martingale/Arbitrage: Allowed, but must not exploit simulated environments or unfair advantages;
• News Trading: Restricted on Pro and funded accounts; no trading 2 minutes before/after news events.

VPN and VPS Usage

While the use of VPNs and VPS services is allowed, it must be done within the boundaries of the platform’s rules. Specifically, they should not be used to bypass regulations around copy trading, group trading, or signal-based trading.

Any misuse of these services to break the platform's terms will result in immediate account termination. It's crucial to follow the platform's guidelines and use VPNs and VPS responsibly.

Hedging on Starter Prop Trader

During the demo phase, engaging in group hedging is strictly forbidden. This involves entering opposite positions simultaneously across Starter Prop Trader accounts or accounts under different entities, with the aim of manipulating the market.

Such actions disrupt the integrity of the trading environment and are prohibited.

Expert Advisors (EA)

Traders have the flexibility to use Expert Advisors (EAs) to automate parts of their trading strategy. EAs can assist in both analysis and the automatic execution of trades.

This allows traders to integrate automated systems into their strategies while maintaining full control over their overall trading activities. However, using EAs in any manner that violates platform rules is strictly prohibited.

Martingale and Arbitrage Strategies

Any strategy that manipulates the simulated environment in ways that would be impossible in live markets is not permitted.

This includes overleveraging, the use of arbitrage bots, artificial intelligence, server spamming, and techniques that exploit delays in price feeds or latency advantages.

While Martingale strategies are allowed, traders must ensure their actions replicate conditions that can exist in a real market.

Does Starter Prop Trader Allow News Trading?

In Academy challenges, there are no restrictions on trading during news events, allowing traders to execute trades freely during these periods.

However, for Pro challenges and funded accounts, a critical rule is enforced: traders cannot open or close any positions within 2 minutes before or after a scheduled news release. This restriction includes trades triggered by stop-losses or take-profits during these periods.

To avoid breaching this rule, it is advised to manage your positions carefully, especially near high-impact news events.

Any traders passing the challenge through news-based trades made during the restricted times will be disqualified, as these actions violate the terms of the Starter Prop Trader account agreement.

For reference, Forex Factory’s calendar provides detailed information on news events, with restricted events marked in red.

You can also use TradingFinder Economic Calendar to keep track of high-impact market events.

What Platforms Does Starter Prop Trader Support?

During the Starter Prop Trader Reviews, we found out that this prop wrote the following answer in response to available trading platforms question:

“The most popular trading platforms are available to our traders”.

Such an answer to an important question, shows the weakness of this company in providing precise information. We hope they provide more and better information as soon as possible.

Tradable Instruments and Symbols

According to official information, this prop firm supports five asset classes, including the Forex market and Cryptocurrencies, and more than 50 assets to trade. Starter Prop Trader Instruments:

Forex

• Major pairs (e.g., EUR/USD, GBP/USD, USD/JPY)
• Minor pairs (e.g., EUR/GBP, AUD/CAD)
• Exotic pairs (e.g., USD/TRY, EUR/NOK)

Indices

• US30, S&P 500, NASDAQ
• DAX, FTSE 100, Nikkei 225

Stocks

• AAPL
• AMZN
• TWTR

Commodities

• Crude Oil (WTI and Brent)
• Natural Gas

Cryptocurrencies

• Bitcoin (BTC/USD)
• Ethereum (ETH/USD)
• Other major altcoins

Starter Prop Trader's wide selection of tradable instruments allows traders to diversify their strategies and take advantage of opportunities across multiple markets. Always check the current list of available instruments, as offerings may be updated over time.

What Payment Methods are Available in Started Prop Trader?

This prop firm and its managers understands the importance of smooth, reliable payment processing for their traders. Starter Prop Trader:

• Credit/Debit Cards (Visa, Mastercard)
• Tether USDT “TRC20”
• Tether USDT “ERC20”
• Bitcoin
• Ethereum
• USD Coin “ERC20”

Fees and Costs

This proprietary trading firm adheres to industry standards and is committed to offering a trading environment that closely mirrors real market conditions.

As part of this approach, commissions are factored into all trades, ensuring a realistic and professional trading experience.

• Forex, metals, and commodities are subject to a low $3 commission per lot
• Indices and cryptocurrencies come with zero commission

By maintaining one of the most competitive commission models in the industry, the firm empowers traders to maximize their profitability without hidden costs.

Does Starter Prop Trader Firm Educational Resources?

Starter Prop Trader does not act well in providing forex education resources, including blogs and webinars. This company's guidance for traders is its FAQ section.

As you read in the Trading Platforms heading, this company does not perform well even in the FAQ section and does not answer questions well.

Unlike Starter Prop Trader, many companies do a good job of providing trader training; some of them include:

• City Traders Imperium
• Fintokei
• FTMO
• Goat Funded Trader

Starter Prop Trader Prop Firm Trust Scores

Starter Prop Trader scored 4.2 out of 5 on the most critical review platform, Trustpilot. However, such a score was obtained from 8 reviews, but according to the traders, they are satisfied with the performance of this company.

Other websites, including ForexPeaceArmy and Reviews.io, have yet to create any pages for this rookie prop.

Support

Effective customer support is crucial for any prop trading firm, and Starter Prop Trader aims to provide responsive and helpful assistance to their traders; they offer 24/7 support and provide the ways below to contact support:

• Visit in Person: Ready to provide service during business hours
• Live Chat: Available on the website 24/7
• Email Support: 24/7 with typical response time of 1-2 business days
• FAQ Section: Comprehensive resource for common questions

Starter Prop Trader Social Media

Starter Prop Trader has established a strong online presence to attract and engage potential traders. Start Prop Trader Social Media Channels:

• Starter Prop Trader Discord
• YouTube
• X (Twitter)
• Telegram
• Instagram

Starter Prop Trader Comparison Table

Let's see where Starter Prop Trader stands in comparison with some of the most popular prop firms:

TradingFinder Expert Suggestions

Starter Prop Trader offers a maximum account balance up to $200,000 [scalable to $1,000,000]. The first profit target in this prop is 10%, and challenge fees are refundable through profit splits.

All of these have led to a 4.2/5 rating in Trustpilot, but Starter Prop Trader has disadvantages too (e.g., limited track record).