Spectre.ai Review 2022

Spectre.ai is a blockchain-based binary options broker

Spectre.ai is broker that gives traders access to Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC. Surprisingly, Spectre.ai does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, Spectre.ai has Demo Accounts, Islamic Accounts and Auto Trading but is missing Social Trading and Signals.

Cryptocurrency traders will have lots of options at Spectre.ai, with 22 different coins to trade: BTC, LTC, ETH, DSH, BCH, LINK, UNI, AAVE, TERRA, MKR, AVAX, SNX, COMP, SUSHI, CAKE, FTM, YFI, UMA, RUNE, REN, ZRX and BNT.

Careful traders will be pleased to know that Spectre.ai is licensed to provide trading services by multiple regulatory bodies, 2 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.

Spectre.ai Summary

Spectre.ai is a blockchain-based binary options broker

Ratings

40%
Trust
100%
Instruments
42%
Features
BonusNone
InstrumentsShares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC
Demo Account
Min. Deposit$0
Min. Trade$1
Regulated BySt. Vincent and the Grenadines
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes - through APIs
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Zero Leverage Digital CFDs have a daily fee of approx. 1 pip and forex CFDs leverage up to 1:40

Leverage1:40
FTSE SpreadN/A
GBPUSD Spread0.9
Oil SpreadN/A
Stocks SpreadVariable

Forex Trading

Forex trading is available on major, minor and exotic currency pairs

GBPUSD Spread0.90
EURUSD Spread0.58
EURGBP Spread0.90
Assets18

Cryptocurrency Trading

Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin

SpreadVariable
CoinsBTC, LTC, ETH, DSH, BCH, LINK, UNI, AAVE, TERRA, MKR, AVAX, SNX, COMP, SUSHI, CAKE, FTM, YFI, UMA, RUNE, REN, ZRX, BNT

Binary Options Trading

Binary options are available on multiple markets, including forex and stocks

Payout PercentUp to 400%

Payment Methods

Spectre.ai accepts the following payment methods:

  • Neteller
  • Skrill
  • Visa
  • Wire Transfer
  • FasaPay
  • Paysafecard
  • UnionPay
  • Credit Card
  • Debit Card
  • ADVcash
Risk Warning – Your capital is at risk

FAQ

Is Spectre.ai Safe?

Yes, most likely, as we gave Spectre.ai a trust score of 40% in our review. The main negative factor in this score is that Spectre.ai is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does Spectre.ai Accept PayPal?

No, Spectre.ai does not accept PayPal payments.

Is Spectre.ai Halal?

Yes, Spectre.ai does offer an Islamic trading account and should thus be Halal to trade with.

Is Spectre.ai Regulated in the UK?

No, Spectre.ai is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for safer options

Is Spectre.ai Regulated?

Yes, Spectre.ai is regulated by 2 different regulators: St. Vincent and the Grenadines.

The fact that Spectre.ai is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.

Spectre.ai vs Other Brokers

If you want to compare Spectre.ai with other brokers, use the detailed comparisons below.

Spectre.ai vs
Spectre.ai is a blockchain-based binary options broker