Spectre.ai Review

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With its head office in Kingstown, Saint Vincent and the Grenadines, Spectre.ai is an online financial services provider that offers various favorable trading conditions — leverage of up to 1:40, zero commissions, STP execution, low spreads, and more — to help traders get the most out of their trades. In addition, the broker offers access to trade binary options directly on over 50 financial assets, including forex, stocks, bonds, ETFs, indices, CFDs, EPIC, and more using their proprietary trading platform that is available on the web and mobile versions. One of the unique features of Spectre.ai is its offering of a new form of broker-less trading. As such, they send clients’ orders directly to their liquidity providers or via a peer-to-peer trading system without passing through a broker.

Spectre.ai Review Introduction

In this Spectre.ai review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Spectre.ai.

Spectre.ai Platforms & Tools

Spectre.ai provides traders with a proprietary trading platform. It has an intuitive interface that is easy to navigate. The platform is available as a web-based trading platform that runs directly on modern web browsers — Chrome, Safari, Firefox, or Edge — without downloading or installing additional software. The broker’s trading platform also has a mobile version that is compatible with smartphone devices running on Android and iOS devices. In addition, traders are provided with the trading API and other helpful trading tools to enhance clients’ trading experience. Interestingly, developers can get to create, read, and use content available in the platform from within the developer’s application or website with the trading API.

Spectre.ai Trading Platform
Spectre.ai Trading Platform

Spectre.ai Research & Education

There is an FAQ section on the broker’s website. The FAQ section answers some of the clients’ most common questions.

Spectre.ai Trading Accounts

Spectre.ai provides traders with two live trading account options. The account types and their corresponding minimum deposit requirements are Regular ($10) and Wallet ($1) accounts. Additionally, a demo account is available on the broker’s website to allow traders to acquaint themselves with the broker’s platforms before opening a live trading account.

Spectre.ai Account Funding

The following payment methods are available at AIMS for account deposits and withdrawal purposes: bank transfers, credit/debit cards, and some online payment gateways.

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Spectre.ai Deposit and Withdrawal Methods
Spectre.ai Deposit and Withdrawal Methods

Please note that some payment methods are not available in certain countries, while the time taken to process transactions is dependent on the payment method in use.

Spectre.ai Customer Service

The broker provides traders with a knowledgeable client support team who are polite and prompt in response. The support team can be reached via email, online contact form, or by visiting their physical office in Kingstown.

Spectre.ai Regulation

Spectre.ai is owned and operated by Spectre Trading Limited, which is registered in Kingstown, Saint Vincent and the Grenadines with the registration number 25113 IBC 2018. There is no regulatory information on the broker’s website at the moment. Lack of regulation could discourage traders from opening an account with the broker.

Spectre.ai Review Summary

Operating since 2018, Spectre.ai is a blockchain-based platform. They provide traders with access to trade binary options on various financial instruments using an in-house-developed trading platform. Spectre.ai offers a brokerless trading model, which eliminates the interference of a broker in the trading process. They offer leverage of up to 1: 40 and low variable spreads.  There is no regulatory information on the broker’s website at the moment.

It is worth mentioning that some of the trading products and services in this Spectre.ai review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Spectre.ai broker website, which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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  • Proprietary trading platform
  • Multiple financial instruments
  • Educational resources