Spectre.ai Review 2022
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
Bonus | None |
---|---|
Instruments | Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC |
Demo Account | ✓ |
Min. Deposit | $0 |
Min. Trade | $1 |
Regulated By | St. 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
Leverage | 1:40 |
---|---|
FTSE Spread | N/A |
GBPUSD Spread | 0.9 |
Oil Spread | N/A |
Stocks Spread | Variable |
Forex Trading
Forex trading is available on major, minor and exotic currency pairs
GBPUSD Spread | 0.90 |
---|---|
EURUSD Spread | 0.58 |
EURGBP Spread | 0.90 |
Assets | 18 |
Cryptocurrency Trading
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin
Spread | Variable |
---|---|
Coins | BTC, 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 Percent | Up to 400% |
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Payment Methods
Spectre.ai accepts the following payment methods:
- Neteller
- Skrill
- Visa
- Wire Transfer
- FasaPay
- Paysafecard
- UnionPay
- Credit Card
- Debit Card
- ADVcash
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.
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