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Global Broker Regulation & Inquiry App

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SpectraFX

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.spectrafx.co/

Website

Rating Index

Contact

info@spectrafx.co
https://www.spectrafx.co/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
China
Operating period
2-5 years
Company Name
SpectraFX
Abbreviation
SpectraFX
Company employee
--
Customer Service Email Address
info@spectrafx.co
Company website
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

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Official website

Website

  • spectrafx.co

    Server Location

    United States

    Website Domain Name

    spectrafx.co

    Server IP

    142.4.4.131

Company Summary

Note: SpectraFX's official website: https://www.spectrafx.co/ is currently inaccessible normally.

SpectraFXReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market Instruments80 major and exotic currency pairs
Demo Account/
LeverageUp to 1:1000
SpreadFrom 1.2 pips (Standard account)
Trading PlatformMT5
Min Deposit$5
Customer SupportEmail: info@spectrafx.co
Address: 76 Blenheim Road, Cheadle Hulme, Cheshire, UNITED KINGDOM, SK8 7BA

SpectraFX is an unregulated broker, claiming to offer over 1100 trading instruments including 80 major and exotic currency pairs with leverage up to 1:1000 and quite low minimum deposit requirement of only $5.

Pros and Cons

Pros Cons
Popular trading platform MT5Lack regulation
Low minimum deposit on the Micro accountLimited trading asset classes
Unavailable website
Limited contact methods
Lack of transparency

Is SpectraFX Legit?

No, SpectraFX.co is not regulated by any financial authorities currently. Traders should be careful when trading.

Is SpectraFX Legit?

What Can I Trade on SpectraFX?

SpectraFX claims to offer over 1100 trading instruments, including 80 major and exotic currency pairs. Other popular trading asset classes like commodities, indices, stocks and cryptocurrencies are not supported.

Tradable Instruments Supported
Currency pairs
Metals
Energies
Cryptos
Indices
Stocks
Options

Account Type

SpectraFX offers three account types: Micro, STANDARD and ECN.

Account TypeMinimum Deposit
Micro $5
STANDARD $1000
ECN$5000

Leverage

SpectraFX's leverage is capped at 1:1000. Note that high leverage always earns more money, but also loses more money.

Spreads

The spread of SpectraFX varies by the accounts. The Standard account's spread starts from 1.2 pips, and the ECN account's starts from 0.5 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5Desktop, Mobile and WebExperienced traders

Deposit and Withdrawal

SpectraFX supports deposits and withdrawals through e-wallets including Skrill, Neteller, PayPal, BitPay, FasaPay and UPay Card.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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