Spectre Review 2025
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Updated:
Reason to avoid: Offshore License
Listed Date: June 28, 2020
Top 3 Forex Brokers
Beware Spectre is a Non-Regulated broker. It is NOT SAFE to trade.
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Is Spectre Scam or Legit Broker?
Spectre is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Spectre Trading Ltd is incorporated in St. Vincent & the Grenadines as an International Business Company with 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 for the company’s 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.
About Spectre
| 🗺️ Registered in | St. Vincent and the Grenadines |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is Spectre safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is Spectre?
Spectre is an Asian financial online trading platform that allows traders to trade at 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. Spectre.ai allows for the synthetic (no underlying ownership) of a range of asset classes, whether currencies, stocks, bonds, ETFs, indices, Epic and many more. Digital Contracts and CFDs, the unique contract types in the platform, can be taken by traders on a broad range of assets.
- In any case, we never advise trading with an offshore or non-licensed broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such companies means the trader will believe only on the broker’s words, and of course, it is a high risk.
Overall Spectre Ranking
Taking into consideration our revelations on the safety and regulations issues of Spectre, we do not rank positively Spectre. With an Expert Opinion with over 10 Years of experience in Forex Trading we have come up with the following ranking:
- Spectre Overall Ranking is 3 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
| Ranking | Spectre | Plus 500 | XM |
|---|---|---|---|
| Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Is Broker safe? | No | Yes | Yes |
| Advantages | None | Trading Instruments | Education |
Spectre Alternative Brokers
As we found many issues regarding Spectre safety and reliability, here we offer much better Alternatives to Spectre with tight regulations and good conditions. We select Good Brokers and reliable options for your comparison below:
- Trading 212 – Good for Beginner Traders
- FP Markets – Good for CopyTrading
- XTB – Good for CFDs trading
Spectre in India
Spectre allows Indian traders to open accounts and trade. However, Spectre has no mention of complying with any Indian regulators on its website. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here.
Spectre in the USA
The US is among the countries that cannot register with Spectre (Find Best Forex Brokers in USA), along with Costa Rica, BVI, Caymans, Cyprus, Iran, Venezuela, Syria, Somalia, Saint Vincent & the Grenadines, North Korea, Yemen, Iraq, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, US Virgin Islands.
Deposits & Withdrawals
For a regular account, the minimum deposit amount is $10.00 and the minimum trade size is $1.00. For a Wallet account where no deposits are needed, the minimum trade size is $50.00.
- Spectre does not charge fees for withdrawals. However, UPHOLD and the several payment solution providers may have their own associated fees when transacting via them.
- Payments methods available are: Skrill, Neteller, Bank transfer, Credit/debit cards, Uphold, PaySafeCard, UnionPay (China), Advcash (South America, Russia, Europe), FasaPay (Indonesia, Vietnam, Thailand and Malaysia), Help2pay (Malaysia, Thailand, Indonesia and Vietnam).
Demo Account
Spectre offers demo accounts. All account types automatically include a risk-free demo account, which can be accessed inside your account forever. This completely free demo account requires no deposit and is pre-funded with unlimited virtual funds. It allows you to experience some risk-free trading to get you prepared for the real thing. No matter your trading level, Spectre.ai demo accounts are the perfect place to practice your skills and become a better trader without spending any of your own money.
Spectre Review Conclusion
Overall, there is no sustainable trust in the delivered Spectre trading environment since there are many complaints from the broker’s clients. So the downside of the Spectre would be also multiple negative reviews of this company and lack of decent regulation.
We strongly advise opening a trading account only with brokers that are regulated by respected world authorities that comply with the required set of rules and have a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and XM.com.
- Overall ranking and experience for Spectre is Negative
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No news available.
all of u recieved funds?
my case: all recieved. contacted support team
I’ve customized my risk profile on Spectre AI to match my trading preferences. It’s great having the flexibility to choose different risk levels, from low to high. This helps me align my trading strategy with my risk tolerance effectively.
Is that broker good for trading?
Binary options or digital options are more for gambling. spectre has cfd as well too.
My experience with Spectre is generally positive. The autotop-up feature in Traders Bay proved to be useful, although it would have been even better with daily notifications to keep users informed about their balance usage.
This way, I would have been able to keep track of my balance more effectively and have a clearer understanding of how my funds were being utilized.
Spectre AI’s timeout feature is a practical solution for managing winning or losing streaks. By utilizing this feature, I have the option to take a break from trading for a specified period of time. It allows me to step back, reevaluate my strategy, and make informed decisions. Whether I’m experiencing a winning streak or a losing streak, the timeout feature serves as a helpful tool for effective risk management and maintaining a disciplined approach to trading. Although I want to trade more it good to get locked out for a bit.
I found spectre to be an easily understandable platform. Whether I anticipate a market increase or decrease, I can execute my trades accordingly. It is particularly beginner-friendly, providing a user-friendly interface and straightforward trading process. Recomend.
is spectre ai safe?
no problems for now, recommend but be careful trading options
defi supported, easy to connect a wallet
defi supported, easy to connect a wallet.
Linking my external Ethereum wallet to Spectre was a simple process. Once linked, I can seamlessly switch between my demo, wallet, and regular accounts directly from the dashboard. To ensure security when trading with my external wallet, I use password and 2FA authentication. Spectre is a secure platform in my opinion.
The recoil trading setup on Spectre AI is a useful tool for me, especially after news announcements like CPI. It helps me identify price retracements and take advantage of trading opportunities during these temporary market adjustments. By utilizing the recoil setup, I can enter trades strategically and potentially profit from subsequent price movements. It’s a valuable feature for my trading strategy on Spectre AI. Recommend
no problems for now, good broker.
How to connect external wallet to trade here?
It’s a versatile platform that caters to diverse trading needs. Trade Setups feature is a treasure trove for when I am seeking new opportunities.
The ability to switch between modes seamlessly allows me to experiment with different strategies and adapt to changing market conditions.
What I appreciate most about the platform is the range of analytical tools available, which helps traders to make informed decisions. The mobile app is user-friendly and allows me to trade on the go. The platform is built on blockchain technology, which means trades are recorded on a public ledger, providing transparency and security.
is it safe to trade here? is ther web platform good?
If you have bad graphics card than spectre platform can be a bit glitchy. same for many others web based platform. i know only one good web based platform that is not glitchy on my pc
Over the last three months, I have been trading on Spectre ai and I can confidently say that it has been a thrilling experience. The platform is always buzzing with trading activities, so there’s never a dull moment.
Trading on Spectre has become my favorite way to invest in the financial markets. Since I began using this platform, I have been using the features in Traders Bay almost every day. While I have only spent around $100 purchasing or renting the various enhancements and profit multipliers available, I have still managed to generate a return of $500 on my investment, not including the cost of the features.
are epic indecies available if i use external wallet?
nope, as well as % for winning deals is smaller.
One notable aspect of this exchange is how closely it follows the movements of the ether, which is beneficial for traders looking to capitalize on market trends. Although there are numerous currency pairs available, the fluctuations of the ether dictate the direction of trading for most instruments.
In terms of customer support, I have had a great experience with the team at Spectre.ai. They are very responsive and helpful whenever I have had an issue. Overall, I highly recommend this platform to anyone looking for a reliable and convenient platform for binary options trading.
defi supported?
DeFi supported if you need that.
what’s the point of defi
do they pay?
So far so good, hft +, withdrawals +. not so much problems.
What I appreciate most about Spectre is that it simplifies HFT trading. As someone who values speed and efficiency in my trading, I’ve found that Spectre delivers on both fronts. With faster execution times and lower fees, I’m able to capitalize on market opportunities more quickly and with greater accuracy than I could on other platforms.
hey, is spectre safe to trade?
trading here quite long, typical platform for gambling.
Spectre.ai is a safe and reliable platform for trading digital options.
I have been impressed with the various trade set ups offered on the platform, particularly Battleground, Recoil, and Breakout. I appreciate the versatility and flexibility offered by these trade set ups, and the fact that I can easily switch between them.
is it safe to trade here?
Safe platform, external wallet, recommend
just connect exernal wallet, lower % but safer to trade
I don’t have to worry about the risk of losing my profits or funds because they go directly to my ETH wallet. This feature has made my trading experience on Spectre Ai a lot more enjoyable.
I am a small-scale trader and I always felt like I had to choose one or the other: safety or features. With Spectre Ai, I can have it all! The platform offers high security for my funds but still has the same trading options as any other brokerage.
I am absolutely loving the Spectre ai Epic Synthetic Indices trading 24/7. It is an amazing index for traders to invest in, and it has only been going up these past few weeks with no dips. I’m not sure what’s going on with it, but I’ll definitely be buying more of it while the price is still low!
I have been trading with Specter for two months now. I like. They have many spreads, different assets and expiration dates.
The interface is good and clear for me. I recommend to those who want to start trading binary options.
Spectre ai is my cup of tea because it offers low spreads. I like that there are no limits on the minimum amount for withdrawing funds, so I can withdraw as little as $1. At the same time, the fees are quite reasonable.
Nice software – no problems so far (apart from a few small hiccups) 🙂 I’ve learned that it’s easy to overtrade with Spectre due to the platform offering such a pleasant trading experience, simplifying trading processes etc.
The platform withdraws money immediately and without any problems. The prices are all transparent, including the withdrawals which are always instant. No hidden fees or delays have ever happened to me with spectreAI
I subscribed to some of the features on traders bay, It is really worth it. I subscribed to a feature that when I manage to complete three consecutive winning trades of equal-value assets, 400% profit will be generated! Those are just some examples of what Trader’s Bay offers; there are many other features that have helped me significantly on this site
I can curb over-trading behavior by setting limits with this platform Risk Management Settings so the program will automatically cut off when my trades reach the maximum amount I am willing to risk or enters a position that’s too risky for my account size.
I noticed that spectre has a limit on the number of trades I can have open in one go. This is a bit of a drawback for an HFT platform
Withdrawal is never delayed. I get my money without waiting anxiously or calling the help desk. I also like the idea of having multiple ways of making withdrawals and deposits. I have been using the MasterCard from the beginning, and I don’t have issues with it, but there are three more options that I also find comfortable, and I can switch to at anytime
Spectre is creating new heights in the finance world but given that their business model is based on high-frequency trading, I would much prefer to trade from my phone while I am at work but they do not have an apple supported app which means I can only trade from my laptop
I have lost alot trading regular forex and I think Spectre option trading is the light at the end of the tunnel for me. I have been testing their demo and I have come to realise that the strategies in their education section work sometimes but I prefer getting trade ideas from a telegram channel I joined
The De-fi network is getting some traction and attracting crypto holders and I like that I can trade with spectre directly from my defi Ethereum wallet. I use this to hedge against the falling cypto price by stacking up my ether and hoping for a future boom after the merge this month
I am a swing trader but I am trying out short-term high-frequency trading with Spectre. Their user interface looks gamified which helps me relax my mind from my other trading account. I like it because not alot is at risk as compared to traditional trading
nice payouts, good broker for gambling, external eth wallet is supported
I have been trading with Spectreai for the past year. I can’t believe they don’t go through more marketing hype, because it’s a really great platform–especially for the new age of retail traders.
I am a huge fan of Spectreai and I couldn’t be more satisfied with my experience using their trading platform. It’s really easy to use, the payouts are always fast and it really delivers on what it promises. The team is also so nice and helpful
+ the best for high frequency trading.
– crypto should be added for deposit and withdrawals. I am not sure the broker accepts them yet
HI! is it possible to connect eth wallet? what about payouts?
payouts depends of the account – regular or external. recommend to connect external wallet for funds safety
With the tarders’ bay features, I get to make more money when I reach meet the conditions. There are many times that I do not even meet the conditions, but since the cost of subscribing to them is low, I still make profit the few times i meet them. I am happy with my trade progress so far, I am not as good as I want to be but I am moving forward.
high payouts, it’s possible to connect external wallet to trade here safely
Even when the market is very volatile, the execution speed here is always on point. I rarely notice any slight price shift, I will rate spectre top when it comes to speed to trade execution. They are doing well
It’s pretty cool that I can trade hundreds of assets with just one platform and one account. Now, I don’t need to create more than one account. All of my assets are now with spectre because I trust the company to keep them safe. There are many ways to deposit and withdraw money, which made it easy for me to do transactions even though the broker is not in my country.
+ Many assets are available, and there are many ways to get your money out.
– There’s no trailing stop
It’s pretty cool that I can trade hundreds of assets with just one platform and one account. Now, I don’t need to create more than one account. All of my assets are now with spectre because I trust the company to keep them safe. There are many ways to deposit and withdraw money, which made it easy for me to do transactions even though the broker is not in my country.
+ Many assets are available, and there are many ways to get your money out.
– There’s no trailing stop
Is it possible to use external wallet to trade here? don’t want to create regular account
This is a safe place to trade cfds and digital contracts. I have been here for almost a year now and my experience has been okay. Thumbs up to spectre
pros: grants withdrawal and doesnt manipulates trade results
is it possible to use external wallet to trade here? don’t want to create regular account
One of my biggest issues in trading has been risk management practices. It got better here because I got to set it manually. So the platform controls my risk management itself and this has reduced my chances of overtrading.
Trading tools like enhancement, spells, charms have been of benefit to my trade result—they multiply my pprofit as a result of meeting up with certain requirements. The former platform on which I traded digital contracts did not have such features and even lacks many technical indicators. Spectre is still the best platform I have seen for digital contract
Trading tools like enhancement, spells, charms have been of benefit to my trade result—they multiply my pprofit as a result of meeting up with certain requirements. The former platform on which I traded digital contracts did not have such features and even lacks many technical indicators. Spectre is still the best platform I have seen for digital contract
Diversifying my portfolio is easy because there are many assets. It has helped me to create three different portfolios on which I trade different asset classes. So far, I haven’t noticed trade manipulation. I intend to start trading with APIs soon
I was able to make a lot of inquiries from the customer Service representative about the product and services on this platform. One of the things that attracted me was the low cost of trading and general transactions. Withdrawal is free, deposit is free. My own experience has also revealed that, there is no extra cost or any hidden cost for trading on this platform. The spreads are also tight, at least for the instrument I trade.
I was able to make a lot of inquiries from the customer Service representative about the product and services on this platform. One of the things that attracted me was the low cost of trading and general transactions. Withdrawal is free, deposit is free. My own experience has also revealed that, there is no extra cost or any hidden cost for trading on this platform. The spreads are also tight, at least for the instrument I trade.
It is now exactly 6 months that I have been trading here and I must say Spectre made me believe in trading digital contracts again. I lost hope last year after I fell for a cheap scam. Someone encouraged me to give spectre a try and that he was already trading here profitably. I made the move and I have been comfortable here. I have made withdrawals many times
The trading cost on spectre is low. I don’t get charged for deposits and withdrawals. The spreads are also very tight. The pricing is transparent, so, no hidden cost.
I was able to build my API myself. The system is allowed on the platform. Now, I trade using automated strategies and also take some manual trades when I find my hedge. Using these two methods has helped me increase my profit. I have been able to make up to 40% of my account balance this year
One of the major problems that I have had is risk management. I like the solution that spectre offers in making manual risk management available. I use the low risk strategy because it stops me from over trading
Pros: risk management can be controlled from the settings
Cons: When I use low risk strategy, there is limit to the number of trades I can take. I would have to change it from the setting to go beyond the limit
There are many trading instrument options on the platform. There are many currency pairs and stocks assets too. My favourite enhancements have been chains and jumbo trades because they give me a lot of profit when the conditions are met.
Spectre is one of the digital asset platforms that has a wide range of assets. It has forex, crypto, stocks, epics and some others. The options are many and one can rarely get bored because there is always something to trade. Even though I use the platform for more of short term trading, it works for long term trading as well
I trade at my free time and mostly it is when I leave my work place. I have a 9 to 5 job and I also make passive income here. The fact that the broker operates for 24 hours every day of the week is also an advantage. I trade more during the weekend and at night.
I learnt many things about trading from the courses on the website. I practised for many weeks using the demo account and now I am on the live account. I am not yet as good as I wish to be but I am sure that I am getting better. Thanks for the opportunity of making passive income… forever grateful
+ the education is useful
– I had to learn how to trade covered CFDs differently because it is different from the style I was used to
I found the demo account reliable. I first tested the demo account charts and features and compared them with the live account. When I noticed that they were the same I trusted the features more. I practiced with the demo account for a long time and I was able to make my first deposit into the live account last month. The first month was fine. I hope it continues being good
I find that this broker offers good conditions for hft trading as payouts can go as high as 80%. Another positive option that is offered by this broker is that I am able to connect my trading account directly to my BTC wallet. For me this is quite convenient option as I dont need to wait for my funds to be transferred to my account, but I can immediately use all my profits, and what is important, I dont have fees on funds transfers. Good broker, in my opinion
They provide many assets under different asset categories like forex, crypto, stocks, epics. One cannot exhaust all the assets it provides. They also grant withdrawals and give no stories
With the manual setting of risk management, it is easy to follow risk management practices with this broker. Anytime I place the risk level to low risk, I do not overtrade because the system does not allow me to do so.
The ability to trade from my own digital wallet was the unique feature that attracted me here I have been trading using my own wallet and I do not have to make any deposit to the broker. All I have to do is just connect the wallet. Support was helpful when I was trying to connect it too, those guys reply fast – I like the services
The broker has good reviews by different bloggers and users that I have seen online. the person who recommended that I should open an account here also has a lot of good things to say about the platform. The only thing I do not like about trading here is that it does not allow trailing stop, I would like the company to work on that. It provides a secure trading platform
I am looking forward to having enough money to trade directly from my wallet, I am presently using the platform’s wallet. The innovation of trading directly from my personal wallet built my trust more in the broker. Thanks
Pros: I can trade from my wallet when I have big account balance
Cons: trading from a personal wallet can only take a minimum of 50 lotz per trade which is big and is not friendly to people with small account balance. The platform wallet that I am presently using is also safe and I have no issues with it
I have started to trade with this broker, because trading crypto currencies is well supported here. There are only few coins which can be traded, like BTC, ETH, LTC, BTC Cash, Dash and Monero, but I think that they all have quite satisfying level of volatility and price predictability, that they in my opinion represent good assets for trading. This broker offers extremely good payouts for crypto assets, which can go up to 80% during time of high volatility. In addition, I have possibility here to connect my wallet directly to my account so my profits are immediately transferred to my wallet. I am very satisfied here.
I am trading metals with this broker, because, there are very high payouts for gold and silver, which I could not find with other brokers. So here I do have some minimum 20-30% payouts during relatively peaceful market. Now, when there is some more activity on the market, payouts can be as high as 70-80%.
I am trading metals with this broker, because, there are very high payouts for gold and silver, which I could not find with other brokers. So here I do have some minimum 20-30% payouts during relatively peaceful market. Now, when there is some more activity on the market, payouts can be as high as 70-80%.
A friend referred me here and I have also enjoyed every trade I have done here since I joined. I started with the demo account just to know how the platform and switched to the live account after about 2 weeks. The services are generally okay
Low spreads are provided here and trades are usually at the point I execute them… no hard time making maximum profit
My experience with this broker for last three months is highly positive. I think that hft is good supported here. Payouts are much higher from my previous broker, they can reach even 90% in times of high volatility on forex market. In addition, here I am allowed to place max 10 signals on granulated time frames, which highly supports my trading strategy
High payouts, up to 10 signals
Nothing in my mind
My experience with this broker for last three months is highly positive. I think that hft is good supported here. Payouts are much higher from my previous broker, they can reach even 90% in times of high volatility on forex market. In addition, here I am allowed to place max 10 signals on granulated time frames, which highly supports my trading strategy
High payouts, up to 10 signals
Nothing in my mind
The broker offers trading education and going through it was one of the things that helped me to know how to form a reliable trading strategy and also trade like a winner
The mobile app is good for trading and it offers clear charting and professional platform like the web version
The trading enhancements, charms and spells are good initiatives that help to maximise trading profit. I make more money when I get the trades right
The trading condition here is okay. It has tight spreads of zero pip and it also grants withdrawals on time
+ okay trading conditions
– trading style is different from other brokers I know and I had to learn for a while. I am grateful I went through the process. It is totally worth it
The modes of withdrawal and deposit are many. It offers more than 15 different options from my last count. I use the mastercard consistently and spectre has never failed in granting my withdrawals
Asides having an easy to use platform it also has video guides and tutorials that put me through on how to go around the website and how to apply some trading tools. The video guides are helpful and they have added to my trading knowledge
Pros: a beginner will be able to find his way around. The platform also has education
Cons: the video guides do not cover every single indicator though it cover many indicators and strategies
One click trading is available. With just one click I can decide to either invest in an asset going up or down. The one click advantage makes sure that prices fill at the exact point I need them to except for the few times when there might be slippages. Slippages rarely happen too and the difference is usually very little even at times of slippages
Still using the demo account and my results are improving gradually. The demo has all the customization in the live account so it makes it easy to learn how to trade in the live account
The broker uses a proprietary trading platform and it has still been consistent with its pricing and its charts. Spectre does not manipulate charts and its charts are consistent with other trusted brokers. I have made a couple of withdrawal here without delays too
+ not fraudulent with its services and it assures safety of funds
– no comments
I manually set my risk management strategy on the platform. I set up the low risk and no risk strategies so as to play safe. To set risk management manually one only had to set the stop loss amount, stop loss timeout, streak count, allocation, drawdown level, minimum payout and some other requirements
The mobile platform makes on the go trading easy for me. It is built with tools to the right and to the left, it is usually in landscape mode. To the left are transaction tools where one can deposit or withdraw or see a recent setup based on what one wants. The timeframes, order history and some frequently asked questions for newbies are also there. To the right is the trade time counter, the amount invested, profit, and the up and down one-click tools.
At the base of the chart is where the indicators, different chart types, graphical and drawing tools are. At the top of the platform one can easily change from one asset to another.
I like the simplicity and beauty of the platform. I use my phone to trade every time because it has all the features I need.
Easy to navigate around the app. It was also beautifully created. The proprietary platform looks as good as many professional MT4 platforms I have seen. It has all its features at the right places where they could be easily seen.
I prefer trading options because I can trade and know the outcome of my trade in seconds or minutes. It makes it easy to combine with other daily activities.
Pros: High frequency trading is available
Cons: withdrawal can take up to 2 days because they are processed manually.
No requotes or double entries so far, the chart is clear enough to make trade analysis. Trading currency pairs constantly even though they give the lowest payout
I use chains when I feel confident about the outcome of a particular trade or when I am expecting a particular trade pattern, which can be an ongoing trend, breakout and retest, and more. Chains give 400% payout for having 3 wins in a row. The chain and other enhancements are affordable and that is why I use them. The charges for chains, for example, is usually $1.49 per day until the three trades period elapses. The waterfall also doubles my open positions and it is better to use it when one of sure about the outcome of a trade
I use chains when I feel confident about the outcome of a particular trade or when I am expecting a particular trade pattern, which can be an ongoing trend, breakout and retest, and more. Chains give 400% payout for having 3 wins in a row. The chain and other enhancements are affordable and that is why I use them. The charges for chains, for example, is usually $1.49 per day until the three trades period elapses. The waterfall also doubles my open positions and it is better to use it when one of sure about the outcome of a trade
Epics and reverse futures give the highest returns and that is why I took my time to study them and trade them. They give100% payout on trades and I get more with enchantment
The instruments are all CFDs. One cannot buy and hold assets for too long. Without the proper skill and risk management one could lose his money and at the same time I know there is no limit to how much I can make.
+ there is no limit to how much one can make through trading CFD
– without proper care one can lose everything too
Enjoying the services
Forex pairs and many CFDs are available. I have enjoyed the services so far.
there are many trading asset to choose from here. I pick a trade based on some specific rules
Pros: many assets
cons: they are all CFDs, though it is not an issue for me.
The platform has features like spells and charms that enhance my trades. Those enhancers increase the profit made on particular assets or trades as the case may be.
The platform doesn’t have hidden charges. There are no charges for trading. The spreads are basically zero and there are also small charges for withdrawals (about 3% for btc wallet). The platform is good for now.
The broker accepts Mastercard, Visa, bank transfer and some other ewallets. The trading costs are low as the broker does not charge deposit and withdrawal fees, inactivity fees, and the spreads are tight too.
I have heard of different countries where binary options platforms have been banned or where their operations are restricted because of fraudulent activities. The many bad names in the trading industry has been affecting the reputation of the good ones. I know there are a few good ones because I presently know two brokers, one of which is spectre. Spectre is reliable and you get your money when requested.
I have also fallen victim of bad brokerage services before now. My withdrawal requests were not granted, I was very angry that I had to stop trading for a while. When I returned to trading I did my research properly before trusting any broker. My patience has been paying off.
Of all the assets available, Epics are still the ones I enjoy most especially because of their high payouts.
Risk management is also an essential part of my trades and it could be set directly from the platform by changing the risk management option to the one that suits my trading style. I use the medium risk management and it has helped me to not over trade or add so much positions especially when my trades are going on a loss
I like the system of trading here, it is easier to learn than the regular forex trading style. I learnt the regular forex trading for years without trading profitably. When I got here, I applied the knowledge that I had gotten before to the platform. I knew that what I needed the most was a strong risk management plan and I will be able to make the money.
I was able to work out some strategies at first but they could not work well for what I wanted. I spent time using the demo account consistently till I was sure I had a working system. My trading confidence has grown and I am happy I went through the learning process.
The platform provides access for clients to use external wallets to trade and there is also an option of opening a secured account with spectre. I opened an account with the mind of using the external wallet, but to my surprise, I was told that the minimum trade I would be able to use with my external wallet is $50. I do not like the idea, because it is too much. I used the other account and the trades have been going well, but I am also using this medium to suggest to the company to reduce the minimum trade size for those who are interested in using the external wallet to the same as regular accounts.
I know a company that trades here but they use an offsite wallet. My friend that works there says that they make a lot of money from the platform and they get their money in their wallet immediately after trading, unlike we who are using the regular account that wait for a day before getting our withdrawals. I am not yet very good at trading but I am determined to learn and make money from here
Executing trades is usually fast and the spreads are tight. My main concern has usually been with withdrawal charges. If it gets lower, it would make the platform excellent. Asides these, there are spells and enchantments that boost trading results. Sometimes they also serve as trading profit enhancers.
It is interesting to know that the platform does not require depositing into its account before I start to trade, which is unlike the normal way that brokers operate. The platform makes it possible for me to trade from my own supported digital wallet and also provides a secured portal on Spectre for those who might be interested. I am trading directly from my wallet and I have had no issues about that since I have started. The platform also does not charge fees for trading, making it a very cheap platform to trade in.
Withdrawal using a credit card takes more time than the withdrawal into electronic wallets. So I would advise anyone who is interested in fast withdrawal to use an electronic wallet instead. The broker is one of the few binary options brokers that seems fraud-free, does not charge hidden costs and does not place unnecessary commissions. I hope things just continue like his or at least get better
– relatively free to trade here
+ The platform are okay
I use the demo account to backtest my strategies, and it has proven reliable over time. Spectre has a broad range of asset classes and it makes it easy for me to spread my trades across them. The platform has currencies, stocks also known as reverse futures, ETFs, indices, Epic, cryptocurrencies, equities. It is also possible to set my risk frequency on the platform. I could choose to set it to a high risk, medium risk or low risk.
The support team replies fast and gives information when reached. I didn’t know how to do some things. I didn’t have anyone I could have asked from. I was able to chart for a long time to clarify my issues. Trades are not manipulated on the platform to the best of my knowledge. The expected profit for each trade is also very high; epic could give up to 400% profit, cryptocurrencies also give up to 90% profit
Pros – support team has been helpful; high profits are made
Cons – none for now
Enhancements and Spells that are available for trading and that is part of what I find it interesting to trade options here. Just imagine buying chains, which is expected to give you 400% payout for 3 wins in a row. So after buying the chains I am usually very careful with my trades just to make sure the next three trades go well. As expected, some go as profit and some as losses. I am usually surprised at how my countenance changes to a very serious one after I buy chains.
I trade everything here, when I see what I am looking for I trigger a trade whether on forex, crypto, reverse futures, epics. It has been good, just like the normal trading experience – sometimes you win and sometimes you lose. The platform is good so far.
I and my binary options group of traders use spectre. We had to compare different brokers before choosing this platform. The platform offers a wide range of tradable instruments like the forex pairs, epic, crypto, reverse futures l which I still call stocks, commodities. We also like the transparency of the broker as the choice of depositing money is optional and it is fully ours. It is a good initiative that should be adopted by all trading platforms. We don’t have any issues yet though.
How the hell does this platform get profits with the whole idea of trading from my own wallet? The trading conditions are good and for now I am bothered because everything seems perfect, everything still seems too good to be true. I am still watching carefully.
Trading options is cool when you use the right platform, spectre is cool from my general overview, not like the broker is perfect because I have noticed some little flaws but it is good for a serious trader. At least, they offer security of funds and good trade benefits. I prefer trading currency and stocks on a Spectre binary option platform than with the regular forex or stocks broker because the binary option platform has the ability to give a person a lot of money in a short time and I can also use a 1 minute chart and still get my money in full.
It is easy to get where you are going on the app, such a cool thing. I think the demo account is also cool and I was able to learn trading binary options from there before trying out a real account.
Learnt how to trade in this app, the lectures are very helpful, the demo charts are also the same as the live account charts.
I use the trading account options that spectre provides and the withdrawal has been quite cool. It takes around 24 to 48 business hours but I learnt that traders using their offsite means, that is those using the external accounts receive their gains instantly. No fees are charged for my withdrawal and even when I am not so active, I do not get charged for having an inactive account.
Even though spectre is low on reverse futures, the ones that are available give very high returns. They give returns of 100% in the day and at night unlike forex pairs that give around 80% in the day and 30% at night. . Epic also gives 100% in the day and at night. The risk management plans the broker offers is also very fair in that it takes care of different types of risk levels a trader might want to take ranging from low risk to medium risk. I change the settings based on my account balance even though it can be changed only once in 24 hours
Using the normal indicators to trade on spectre has made trading options very cool. I use the Fibonacci line, my favourites are the 50% and the 61.8% lines and I also use the horizontal lines to detect support and resistance prices. there are also indicators like the ATR, bollinger band that I use and my profitability has improved since I started with this broker. This option broker has a lot of currency pairs, crypto , shares, and epics for trading.
The site is simple to use. It is not hard for me to know where to go when I need to. I also like the idea of the twin chart. It makes it possible to check two charts at the same time, sometimes I use it to check the same charts on different time frames. Spectre also provides many indicators that are helpful for chart analysis.. It’s been good here.
I have failed and lost a lot of money through trading options because I have always and only seen it as a game of guesses. I would open the chart and guess if it would go up or down. Kept doing this and kept losing money until I found someone who told me to go through the education that spectre provides, and my mindset changed. I started doing more analysis and using the technical tools and indicators available. I learn a couple of things through spectre like how to trade recoil, bollinger bounce strategy and many other things.. I practised many of these things on demo and I got better. I am still getting better and still learning but now I am using a live account and not just guessing but doing a proper analysis before taking any trade.
Good returns of investment , one of the best on the market I suppose
My preferable option with this broker is ability to connect my eth wallet directly with my trading account. In this way I am able to skip boring procedures regarding funds transfers and have my coins immediately on my wallet.
Very good trading conditions here. I like the option available to leave up to 10 trading singles and within quite short execution time, like 10 seconds. It would be much better option if I could connect my MT4 to this platform, so that I can use some ea`s for the purpose of trading.
Choosed this one because of the rating in internet, reoutations is quite well for now, so and no problems with trading, good one
Fair broker and responsible support team. I like the trading platform because I can set my risk managemnt. For example no risk, low risk etc. I hope they’ll add more withdrawal opportunities (I use adv cash for now, never heard about this wallet but I used it 2 times and there weren’t problems)
Broker provides also signals (combination of indicators) – also useful instrument that hels to trade
Indeed a good broker for binary options with high payouts, especially on epic where payout goes to 90%, which is rare to find among brokers. I am trading here options on this index for last four months, and managed to make some solid earnings, mostly due to really high payouts. Up to now I didnt have any issue with withdrawals, so overall this is really a good broker, I recommend
There are unique trading conditions with this broker. I personally like that there’s their own shop where I order quite much item for less spread and higher payouts for trading forex during the news.
Placing order is done very simply and platform works very fast. Deals are executed automatically after on expiry set, there are absolutely no any delays on execution. Another good stuff here is that there are no spreads, and if there are they are indeed low. I have withdrawn two times small amounts, also without any issue.
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.
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 🙂
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.
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.