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S&P BROKER -

Score

1.53 /10
Danger

S&P BROKER

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://snpbroker.io

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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S&P BROKER · Company summary

Note: S&P BROKER's official website: https://snpbroker.io/ is currently inaccessible normally.

S&P BROKERReview Summary
Founded2017
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market Instruments/
Demo Account❌
Leverage/
Spread/
Trading PlatformMT4, Status and web-based
Min Deposit$250
Customer SupportTel: +853 +44-208-089-82-60, + 74-99-350-92-89, +49-305-900-13-31
Email: support.ru@snpbroker.io, support.de@snpbroker.io, support.en@snpbroker.io

Founded in 2017, S&P BROKER is a forex and CFD broker registered in UK, offering trading through MT4, Status and web-based platforms. The minimum deposit provided is $250, which is quite high. However, S&P BROKER operates without regulatory oversight from any reputable financial body.

S&P BROKER

Pros and Cons

ProsCons
Variety of account typesInaccessible website
MT4 supportedUnregulated status
Multiple trading platformsNo demo accounts
High minimum deposit
Withdrawal fee charged
Limited payment options

Is S&P BROKER Legit?

No, S&P BROKER is not regulated currently. Please be aware of the risk!

No license

Account Type

S&P BROKER offers three account levels that traders can upgrade to. Account type including Easy start, Trader and Pro trader. There is no demo account to practice with.

Account TypeMin Deposit
Easy start$250
Trader $500
Pro trader$1 000
Account comparison

Trading Platform

S&P BROKER provides traders with three trading platforms to choose from, including MetaTrader4 (MT4), Status and web-based platform.

Trading PlatformSupported Available Devices Suitable for
Status✔//
Web-based✔Web/
MT4✔Desktop, web and mobile (iOS and Android)Beginners
MT5❌Desktop, web and mobile (iOS and Android)Experienced traders

Fees

S&P BROKER charges pretty salty withdrawal fees, and has set some volume trading requirements.

Withdrawal will be charged a transaction fee of the following:

50.00 USD/GBP/EURO for wire transfers;

25.00 USD/GBP/EURO for credit cards plus a processing fee of 10.00 USD/7.00 EUR/5.00 GBP;

25.00 USD/GBP/EURO for ePayments.

In addition, accounts that have not executed a turnover of more than 200 or that are not verified will also be charged 10% of the withdrawal amount.

Fees

Deposit and Withdrawal

S&P BROKER accepts wire transfers,credit cards and ePayments as payment methods.

Minimum deposit is 250 USD.

Minimum withdrawal for wire transfers is 250 USD/GBP/EURO and 100 USD/GBP/EURO via other methods.

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小磊哥
more than one year
Bunch of scammers!!! Did a withdrawal and after five days it was cancelled and my account is terminated with no valid reasons. No one answer me, **** it.
Bunch of scammers!!! Did a withdrawal and after five days it was cancelled and my account is terminated with no valid reasons. No one answer me, **** it.
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2023-03-01 09:33
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