Score

1.53 /10
Danger

Spectrum Forex

Malaysia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Spectrum Forex

Company Abbreviation

Spectrum Forex

Platform registered country and region

Malaysia

Company website

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Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Spectrum Forex · Company summary

Basic Information & Regulators of Spectrum Forex

Spectrum Forex was established in 2000 and is a registered currency exchange provider in West Asia, serving the foreign exchange needs of private and corporate clients around the world.

Safety Analysis of Spectrum Forex

Spectrum Forex does not show any valid regulatory information on its website, which means that it is an unregulated trader, meaning that clients' trading activities and capital safety cannot be effectively protected. Investors should be careful to avoid the Spectrum Forex broker.

Market Instruments of Spectrum Forex

Spectrum Forex provides investors with 133 popular currency pairs, offering competitive exchange rates for traders' daily lives, such as vacations, travel, and business activities.

Summary

Spectrum Forex website does not show key trading-related information such as account type, transaction costs, etc., which shows that this is an unregulated forex broker.


News

NewsSpectrum Markets sees a 188 Percent Increase in Trading Turnover in the First Quarter of 2022

Spectrum Markets, a supplier of securities derivatives trading services across Europe, reported a 44 percent rise in trading volume in the first three months of 2022 compared to the same period last year.

WikiFX
2022-04-20 11:12
Spectrum Markets sees a 188 Percent Increase in Trading Turnover in the First Quarter of 2022

User Reviews

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User comment

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俊-Judy
more than one year
When I open the Spectrum Forex official website, it shows that I need to enter the account number and password... What's the situation? Can't I check their official website? But I think maybe it's because the company's website is going out of business. I hope the scammers can go out of business soon.
When I open the Spectrum Forex official website, it shows that I need to enter the account number and password... What's the situation? Can't I check their official website? But I think maybe it's because the company's website is going out of business. I hope the scammers can go out of business soon.
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2023-03-14 16:56
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