Spectre is an Asian financial online trading platform that allows traders to trade in a high frequency with low risk in the financial markets. By utilizing cutting-edge, crowd-sourced technology, Spectre matches traders against an embedded liquidity pool or other traders on the Spectre trading platform. Uniquely, it offers the ability for traders to earn up to 100% of returns (average 73%) ROI on just 1 trade within minutes (and even seconds). One of a range of applications using an autonomous liquidity pool (DALP), Spectre was created with the vision to allow for fraud-free retail trading.

Is Spectre a scam or legit broker?

No, it is not safe to trade with Spectre as it is an offshore broker. Spectre Trading Ltd is incorporated in St. Vincent & the Grenadines as an International Business Company with the registration number 25113 IBC 2018.

However, the fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders. Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets and more. Read more about St. Vincent and the Grenadines regulation by the link.

The fact that Spectre is targeting Asian markets without actual authorization there is the min red flag for the investors. We couldn’t find any information about broker’s regulation and probably the company is not overseen by any reputable authority. 

We advise all investors and traders to avoid Spectre and other offshore brokers. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and XM.com.

You can also share your trading experience with Spectre by commenting on this review. 

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4 responses to “Spectre”

  1. I have been trading here for about 1 year or a bit more.. I am generally satisfied with the Spectre platform, it is one of the best I have used. Support is very responsive, I contacted them 2 or 3 times.
    About trading platform: it has improved a lot. They’ve changed the design and it’s more friendly to use. Hope they’ll add custom templates in 2021.
    Digital contracts have all nedeed expiration times that I use, it’s also possible to set managment risk – I saw it for the first time. Great feature.

    About spreads: on Digital contracts mostly no spreads, sometimes 0-0.3.

    I also like to trade reverse features, no spreads there, high payouts, I trade during usa session and payouts are about 90-100% which is one of the best solution among other platforms.

  2. My impression about this broker is that there is quite unique way of old concept of trading, but I like it. There is very good list of currencies, both majors and exotics which can be traded. There is option for maximum 10 trading signals which can be placed. Spreads are mostly near zero, actually there are almost no costs related to trading and also withdrawals. Platform is absolutely easy to navigate, and what I like the most, is analytics of my previous trades and earned profits per trade. It can be also downloaded, which is excellent option.

  3. For the last month, I am trading here with help of trading signals which are provided by this broker free of charge. They are embedded in the trading platform, and when price is in trading range, it sends a signal. I like this option very much so I have started testing it. Although I am not trading for too long, I am still profitable, hope that this trend will continue 🙂

  4. I tired to deposit the $50 minimum and once the site directed me to the payment screen for my bank the site wanted me to pay over $300. AVOID. Seems to be a scam. Very few articles in relation to the app. The ones written are only about thet demo version.

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