SP MARKETS Spreads, leverage, minimum deposit Revealed

　　Note: SP MARKETS's official website: https://uk.spmarkets.com/ is currently inaccessible normally.

SP MARKETS Information

　　SP MARKETS is a broker registered in New Zealand that offers foreign exchange, metals, commodities and indices with a minimum deposit of $100. However, you'd better be cautious as it is currently not subject to any regulation and its regulatory license is “revoked ”.

Pros & Cons

　　On the positive side, SP MARKETS supports 5/24 live chat, and you can contact them at any time to answer your questions. At the same time, it provides a variety of educational resources, including investment training and instructional videos, which are very user-friendly and convenient for beginners, saving a lot of time searching for information elsewhere.

　　On the downside, SP MARKETS is not subject to any regulation, which is highly risky. In addition, the trading instrument it offers is also very limited, with only four types, which is inconvenient for people who want to trade more product types. Finally, its website is currently inaccessible and does not provide any information about commissions or spreads, which weakens its reliability.

Is SP MARKETS Legit？

　　SP MARKETS is currently not subject to any regulation. It claims to be regulated by Financial Service Providers Register (FSPR), but the regulatory license shows that its regulation has been revoked. Moreover, through on-site investigation by WIkifx surveyors, it has been confirmed that the actual address of SP MARKETS New Zealand does not match the regulatory address, and SP MARKETS' financial services license (RN: 548547) has been cancelled. Therefore, you must be cautious and it is best not to trade with such unregulated companies.

Logo
Current Status	FSPR (Revoked)
Regulated by	Financial Service Providers Register(FSPR)
License Type	Financial Service Corporate
License No.	548547
Licensed Institution	SECURITY PLACEMENTS HOLDING LIMITED

What Can I Trade on SP MARKETS？

　　SP MARKETS offers four market tools: forex,metals,commodities and indices. You can trade through the MT4 platform.

Trading Platform

　　MT4 has been rated as the world's most popular financial product trading platform. It is easy to operate, downloads quickly, and provides news and data analysis. You can trade four products of SP MARKETS on this platform: forex, metals, commodities and indices. In addition, it supports Android, IOS, and Windows.

Education

　　The educational resources provided by SP MARKETS include investment training and instructional videos. It provides one-on-one trading guidance for novice investors. At the same time, detailed explanations are provided for investment terminology and platform operations, which is very helpful for beginners.

Customer Service

Contact Channel	Details
	Live chat 5/24
	Chinese (Simplified) 6496661008; Traditional Chinese（HK) 00649-6661008
	accounts@spmarkets.com; info@spmarkets.co.nz
	https://twitter.com/SPLimitedNZ
	https://www.facebook.com/SPmarkets/？ref=aymt_homepage_panel

Q&A

　　Is SP MARKETS safe？

　　No, it is not a safe platform as it is unregualted by any official body.

　　What kind ofmarket instruments are available on SP MARKETS？

　　SP MARKETS provides foreign exchange, metals, commodities and indices.

　　How much is the minimal deposit？

　　Mininal deposit in SP MARKETS is $100.

Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.