Spectre.ai vs SpeedTrader
Spectre.ai or SpeedTrader – which is better for UK traders 2024? Compare Spectre.ai and SpeedTrader in this detailed breakdown of their platforms, features and fees.
Spectre.ai | SpeedTrader |
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Spectre.ai is ranked #11 among binary options brokers. | SpeedTrader is ranked #118 among UK brokers. |
Spectre.ai has closed or no longer accepts UK clients.
Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app. |
SpeedTrader is an online stock broker based in New York. Founded in 1999, the brokerage provides direct access trading software to experienced stock traders, with over 25 routing options. The broker is authorized by FINRA and SIPC, providing robust client protection. |
Pros | |
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Cons | |
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FCA Regulated | |
No | No |
Instruments | |
Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD | Stocks, options, bonds, mutual funds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $30,000 |
Payment Methods | |
Minimum Trade | |
$1 | 1 Share |
Regulator | |
St. Vincent and the Grenadines | FINRA, SIPC |
Mobile Apps | |
Yes | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Yes - through APIs | No |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Commodities | |
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Forex | |
Trade binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD. | |
Assets | |
20 | |
GBPUSD Spread | |
0.90 | |
EURUSD Spread | |
0.58 | |
EURGBP Spread | |
0.90 | |
Cryptocurrency | |
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe. | |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts. | |
Payout | |
400% | |
Expiration Times | |
1 second - 1 day | |
Boundary Options | |
No | No |
Ladder Options | |
No | No |
Spectre.ai | SpeedTrader |
More Comparisons | |
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