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Starter Prop Trader Forex prop firm review

Pros & cons of Starter Prop Trader prop firm

Quick rating of Starter Prop Trader and its features

Safety of Starter Prop Trader

Starter Prop Trader Funding and maximum capital allocation

Starter Prop Trader Assets

Starter Prop Trader Trading rules and limitations

Starter Prop Trader Fees

Starter Prop Trader Platforms

Starter Prop Trader Profit-Sharing

Education and trading tools at Starter Prop Trader

Customer Support at Starter Prop Trader

Starter Prop Trader Forex prop firm review

Written by:

Konstantin Rabin

Edited by:

Konstantin Rabin

Written on:

6 May 2025

Last edit:

6 May 2025

Starter Prop Trader prop firm offers funded account challenges to traders with funded options ranging from 50k to 200k USD amounts. While this is a big range and might not seem for beginners, the pricing is very low starting at just 39 USD for the smallest 50k USD Academy challenge. There are two funded account types, 2-step academy, and 2-step Pro. Now, while reputable firms offer 5k and often below for the smallest challenge, the firm directly offering 50k challenges for this cheap is a major red flag.

In this unbiased Starter Prop Trader review, we will assess the firm’s safety, rules, funded options and types, assets, pricing, platforms, support, and much more.

Pros	Cons
Ability to withdraw with $0 fees	High profit target of 10%
Fast and digital account opening/verification	Does not offer access to MetaTrader 4, MetaTrader 5
Most payment options are free and instant	The profit-sharing rate of 70% is competitive
The 50k Academy challenge fee is very low at just 39 USD	Multiple language support is available via live chat and email
	Lacks comprehensive educational resources

FPA Score	No rating
Year founded	2024
Headquarters	Dubai, U.A.E.
Minimum audition fee	599 USD
Fees on withdrawals	0 USD
Minimum funded amount	50k USD
Maximum funded amount	200k USD
Allowed daily loss	3-5%
Profit target	10%
Maximum trailing drawdown	7-10%
Profit sharing (Payouts)	70%
Trading Platforms	Web platform
Available trading markets	FX pairs, commodities, indices, cryptos

There are no Starter Prop Trader reviews on the Forex Peace Army (FPA) platform, which is a downside. On the Trustpilot, the firm has around 150 reviews and 30% of those reviews are 1-star evaluations, indicating the firm might have some serious issues with the quality of services. When it comes to experience the firm is new and lacks crucial experience in the prop trading industry. The firm is not backed by regulated brokers which is yet another downside.

The firm gets a 0 score in this section as the firm has major red flags in safety and reliability.

Starter Prop Trader funded programs are two, 2-step academy, and 2-step Pro. The list of Starter Prop Trader funding options includes 50k, 100k, and 200k USD. there are no smaller funded account options which is a serious downside. The firm does not offer bigger funded options which is a downside for experienced traders. There are only two Starter Prop Trader challenges available which is also a downside. There is no Starter Prop Trader scaling plan available preventing traders from growing their accounts.

Overall, the firm gets a 3 score in this section as a result.

Starter Prop Trader prop trading assets include popular markets such as FX pairs, indices, cryptos, and commodities. The firm does not offer access to other asset classes, which is a downside for the firm. The leverage includes Forex 1:100, Indices 1:50, Metals and Commodities 1:30, and Cryptocurrency 1:2.

Overall, the firm gets a 3 score in this section.

Starter Prop Trader rules are strict and differ slightly for each funded account type.

The 2-step Academy Starter Pro Trader has the following requirements:

Profit target - 8%, 4% (phase 1 and 2)
Daily loss limit - 4%
Maximum drawdown - 8%
Minimum trading days - 4 days
EAs allowed - Yes
News trading - Yes

The 2-step Pro Starter Prop Trader challenge has the following rules:

Profit target - 10%, 5% (phases 1 and 2)
Daily loss limit - 5%
Maximum drawdown - 10%
Minimum trading days - 4 days
EAs allowed - Yes
News trading - No

The firm allows EAs and news trading only on the Academy challenge while restricting news trading on Pro challenges.

Overall, the firm gets a 1.6 score in this section for having stringent requirements.

With ongoing discounts the firm offers super low pricing on its 2-step Academy challenge starting at 39 USD for 50k 109 USD for 100k, and 169 USD for the 200k challenges. On the 2-step Pro accounts the pricing is 599 USD on 50k, 899 USD on 100k, and 1999 on the 200k challenge. There are no 0 pips spreads offered which is a downside for scalpers and intraday traders. The fees are not charged for withdrawals which is flexible.

Starter Prop Trader free trial is not available which is a downside as traders can not test trading conditions to develop tailored trading strategies.

Starter Prop Trader free repeat is not available as well, which is also a downside.

Overall, the firm gets a 1 score in this section.

The firm has only a web trading platform available and does not offer any advanced platforms, which is a major red flag and downside. There is no possibility to access custom indicators or EAs directly from the platform. However, the firm allows mobile trading.

Overall, the firm only gets a 2.1 score in this section.

Starter Prop Trader profit split is 70% which is competitive. The firm does not pay payouts on the Academy challenge which is a huge downside for the firm. It means traders have to pay money to get access to demo accounts.

Overall, the firm only managed to get a 1 score in this section.

The firm offers educational resources but the academy is paid and not free which is a major downside. There is news offered which is useful. There are no webinars or video guides offered which is a downside. There is no trading blog which is also a downside.

Overall, the firm gets a 2 score in this section.

When it comes to customer support experience, the firm offers live chat and email options. There is no phone support available which is a red flag for the firm’s reliability and legitimacy. Both the website and support are available in 3 different languages.

As a result, the firm gets a 2.4 score in this section.

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Frequently Asked Questions on Starter Prop Trader

Is Starter Prop Trader legit?

A Starter Prop Trader scam is highly likely as the firm has a 0 score in safety as it is young and lacks trader feedback.

Is Starter Prop Trader a good prop firm?

No, the firm lacks safety essentials and traders should be very careful not to lose money. The fees are extremely expensive as well.

What is the minimum Starter Prop Trader fee?

The smallest fee for the 50k USD 2-step pro challenge starts at 599 USD one time.