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KING TRADE

SpectraFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:25

Abstract:SpectraFX is an unregulated broker, claiming to offer over 1100 trading instruments including 80 major and exotic currency pairs with leverage up to 1:1000 and quite low minimum deposit requirement of only $5.

  Note: SpectraFX's official website: https://www.spectrafx.co/ is currently inaccessible normally.

SpectraFXReview Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market Instruments80 major and exotic currency pairs
Demo Account/
LeverageUp to 1:1000
SpreadFrom 1.2 pips (Standard account)
Trading PlatformMT5
Min Deposit$5
Customer SupportEmail: info@spectrafx.co
Address: 76 Blenheim Road, Cheadle Hulme, Cheshire, UNITED KINGDOM, SK8 7BA

  SpectraFX is an unregulated broker, claiming to offer over 1100 trading instruments including 80 major and exotic currency pairs with leverage up to 1:1000 and quite low minimum deposit requirement of only $5.

Pros and Cons

Pros Cons
Popular trading platform MT5Lack regulation
Low minimum deposit on the Micro accountLimited trading asset classes
Unavailable website
Limited contact methods
Lack of transparency

Is SpectraFX Legit?

  No, SpectraFX.co is not regulated by any financial authorities currently. Traders should be careful when trading.

Is SpectraFX Legit?

What Can I Trade on SpectraFX?

  SpectraFX claims to offer over 1100 trading instruments, including 80 major and exotic currency pairs. Other popular trading asset classes like commodities, indices, stocks and cryptocurrencies are not supported.

Tradable Instruments Supported
Currency pairs✔
Metals ❌
Energies ❌
Cryptos ❌
Indices ❌
Stocks ❌
Options ❌

Account Type

  SpectraFX offers three account types: Micro, STANDARD and ECN.

Account TypeMinimum Deposit
Micro $5
STANDARD $1000
ECN$5000

Leverage

  SpectraFX's leverage is capped at 1:1000. Note that high leverage always earns more money, but also loses more money.

Spreads

  The spread of SpectraFX varies by the accounts. The Standard account's spread starts from 1.2 pips, and the ECN account's starts from 0.5 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4❌/Beginners
MT5✔Desktop, Mobile and WebExperienced traders

Deposit and Withdrawal

  SpectraFX supports deposits and withdrawals through e-wallets including Skrill, Neteller, PayPal, BitPay, FasaPay and UPay Card.

  

Related broker

Not Regulated
SpectraFX
Company name:SpectraFX
Score
1.51
Website:https://www.spectrafx.co/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.51

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