Spectre.ai Review 2024
Minimum
deposit:
  • $10

Trading platform:

  • Proprietary terminal

Spectre.ai Review 2024

Updated:
Updated: October 06, 2023

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Summary of Spectre.ai Trading Company

The Spectre.ai (aka Spectre.AI) broker is registered as an international commercial company and started its activities under the regulation of Specter Trading Ltd in 2018. It is headquartered in the Griffith Corporate Center in Saint Vincent and the Grenadines. Spectre.ai provides trading services in the financial Forex market without the participation of a broker. The work is based on increasing the liquidity pool through crowdsourcing.

👍 Advantages of trading with Spectre.ai:

  • The minimum deposit is $10.
  • Low floating spreads from 0.0 pips on popular currency pairs.
  • Availability of a proprietary WEB trading platform and a mobile version of the terminal.
  • The ability to open an account from your electronic wallet (e-wallet) without transferring funds to the broker's deposit.
  • API connection to increase the speed of received data.
  • Support for cryptocurrency trading.
  • No restrictions on the time of the transaction.

👎 Disadvantages of Spectre.ai:

  • Inability to reach out to technical support using a toll-free number.
  • The only proprietary terminal is not supported.
  • No trading on currency crosses and investment programs for generating passive income

Geographic Distribution of Spectre.ai Traders

Popularity in

21.36%
BR
Brazil
10.95%
IT
Italy
4.93%
RU
Russian Federation
4.28%
UA
Ukraine
3.97%
ID
Indonesia
3.18%
US
United States
3.13%
NO
Norway
2.83%
BD
Bangladesh
2.24%
VE
Venezuela
2.02%
GB
United Kingdom
41.11%
Others
Others

Video Review of Spectre.ai i

User Satisfaction i

19 comments
Total score:
6.9 /10

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teripk4
1 year ago

I consider Specter.ai to be a bad broker with a dubious quality of service. They provide non-verbal analytics, I got caught on it many times. They do not give access to the real market, I stopped believing them. The withdrawal of money is very slow, but the deposit is just instant. Judge for yourself who is in front of you.

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Pearliemr
1 year ago

Fraudsters! Drain the entire deposit. Everything happens abruptly. Just at one fine moment, when you don’t even suspect anything, they drain you ....

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rachelmangum442
2 years ago

At first I thought it was a normal company, everything pointed to it. Confidently replenished the account and started trading. Even made a profit. But they won't let you take anything out. What I just did not - my money is gone!

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Krists
2 years ago

By the standards of the Forex market, Spectre.ai is a newcomer, as it has recently started its activity. Most of all, I liked the opportunity to trade without replenishing the account, immediately from the electronic wallet. I heard that such a function is available on crypto exchanges, but this is the first time I’ve met it on Forex. The broker does not have a regulator, but all transactions made during the day are broadcast daily in the public registry, so you can always make sure that Spectre.ai is working honestly. In addition to trading, I am trying to work on a referral program. Its peculiarity is that the client receives 50% of the referral's transaction volume in any case, even if the operation was not profitable. In general, while looking narrowly at Specter.ai.

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Seh_Dromir
2 years ago

Spectre.ai is one of the first brokers to employ the blockchain methodology. I started working with them two years ago when their SXDT tokens were still accrued in the form of dividends. Then you could exchange the tokens for Ethereum. I think that these guys need to implement more ground-breaking ideas and evolve more often.

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fcastroe
3 years ago

The conditions in Spectre.ai don’t suit me at all. However, everything is a spitting image of binary options. The expiration time is about an hour. And this is a decent exchange. I know that the money in my e-wallet will always be protected. By the way, the transfer of profit from the transaction to the e-wallet is very fast.

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rahatsk
3 years ago

I have been using the services of spectre.ai for a couple of months, but I have already been able to evaluate the quality of services. Everything suits me, the platform works smoothly, and the support team responds to the client promptly. They answer all your questions even if you have loads of them. I’ve withdrawn my profit without any problems!

Investment Programs, Available Markets and Products of the Broker

The broker does not participate in trading, and therefore investment programs are not provided. Spectre.ai offers to receive trading signals to guide you on potential profits, however, the broker emphasizes that the service is an additional tool, and the trader must make a decision on the appropriateness of its use.

The uniqueness of trading on the Spectre.ai platform

Thanks to the crowdsourcing system, a high pool of liquidity is constantly maintained on the platform, and traders can trade directly without the participation of a broker. In this case, the company does not act as a counterparty, so the client trades against another trader or against the liquidity pool, the indicators of which are displayed on the terminal and are available during trading. Features of the service:

  • The ability to trade from the client's electronic wallet without replenishing the deposit.

  • API connection to increase data processing speed.

  • Risk management can be configured depending on a trader’s experience in trading.

  • Replenishment and withdrawal of funds, contacting technical support, changing personal data are made directly in the trading terminal.

After the established monthly fee has been paid, additional trading tools, a decrease in the spread, an additional percentage to payments, and an increase in the number of simultaneously open positions become available to the company's clients.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Spectre.ai affiliate program

  • Affiliate — for a partner who posts links to the company's website on the resources available to him (thematic sites, in social networks). The broker charges up to 50% of his income received from the client who registered using the link.

It should be borne in mind that income depends on the volume of trades and it does not matter if the trades were profitable or unprofitable. Partners have access to information about transactions in real-time and instant withdrawals of interest from referral transactions are possible.

Trading Conditions for Spectre.ai Users

The offered trading conditions of the Spectre.ai broker can be considered one of the best in the Forex market. Payouts for digital contracts range from 5% to 200% depending on the asset, expiration date, and time of day. The main instruments are traded with zero floating spreads without additional trading commissions. If the client trades from his electronic wallet, funds are immediately credited to him. In addition, a trader can set an acceptable risk level for himself. The minimum deposit is $10.

$10

Minimum
deposit

1:2000

Leverage

24/5

Support

💻 Trading platform: Spectre.ai proprietary terminal
📊 Accounts: Demo, Regular
💰 Account currency: USD
💵 Replenishment / Withdrawal: Ethereum, Help2Pay, AdvCash, Finrax, BOLETO, Page smile, Uphold, Pay4Fun, Fasapay, Skrill, Neteller, Perfect Money, Paysafe, RAPID, Unionpay, bank cards, and wire transfers
🚀 Minimum deposit: From $10
⚖️ Leverage: Up to 1:2000
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: From 0.0 pips
🔧 Instruments: Currencies, cryptocurrencies, CFDs, futures, metals, and options
💹 Margin Call / Stop Out: Not indicated
🏛 Liquidity provider: Spectre Trading Ltd (proprietary aggregator)
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Instant execution, Market execution
⭐ Trading features: Trading without the participation of the broker
🎁 Contests and bonuses: Chance to receive up to $1,000 every week and $50,000 once a year

Spectre.ai Commissions & Fees

Information
Based on the analysis performed on the trading conditions of Spectre.ai, the experts at Traders Union haven’t come across any hidden fees. There are no fees for withdrawal or replenishment, but since trading is based on the decentralized Ethereum platform, the cryptocurrency is converted into USD upon replenishment and back upon withdrawal. Also, fees can be charged by payment systems and banks through which the transfer is made. During periods of low liquidity, spreads for popular currency pairs range from 1 to 2 pips.
Account type Spread (minimum value) Withdrawal commission
Regular From $2 No

On the broker's website, there is no information about whether it charges a commission for transferring a position to the next day (swap). Traders Union also made a comparative analysis of trading fees in Spectre.ai with similar indicators of its competitors. Based on the comparison, each broker was assigned a low-to-high level for this criterion.

Broker Average commission Level
Spectre.ai $2 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo Spectre.ai
$2
$1
$8.5

Detailed Review of Spectre.ai

Spectre.ai is a constantly evolving company that uses ground-breaking technologies to accelerate the acquisition of information. Thanks to the use of a decentralized platform, the trading process takes place without the participation of a broker. Spectre.ai offers optimal trading conditions for traders of any experience and capital stock. The company's clients have access to an extended list of trading instruments, a low minimum deposit, and low floating spreads.

Those who have not yet decided on the choice of an intermediary in Forex will be interested in the following data about Spectre.ai:

  • The company plans to connect the MT4 terminal In 2021.

  • The broker uses over 20,000 transaction processing nodes.

  • For the first time, traders may trade digital contracts, the potential profit for which can reach 400%.

Spectre.ai is a company that values its reputation and makes trading as transparent as possible

Spectre.ai offers a proprietary trading platform with the ability to obtain all available information without visiting other sites. It also offers a vast array of additional features to make trading more profitable. For those who prefer to have access to work at any time, there is a mobile version based on Android. In this case, simultaneous trading from several accounts is possible.

The use of the Etherium Blockchain service involves an independent third-party verification of the prices of entry and exit from transactions, as well as the client's work without the participation of a broker and raising funds to a third-party account. For these reasons, it becomes impossible for traders to interfere with trading.

Useful Spectre.ai Services:‌

  • Trader's Bay. Here you can get sparkline charts for technical analysis of the market.

  • Analytics. There’s an analysis of a list of all transactions carried out during the day.

  • Meditation. Psychological training from Forex industry experts.

Advantages:

1

Availability of its WEB platform with a section for personal account settings.

2

Access to trading without the participation of a broker.

3

Possibility of linking a personal electronic wallet to a trading account.

4

Increased speed of data exchange due to the use of the API service.

5

A vast array of trading instruments, including precious metals and cryptocurrencies.

6

The ability to receive passive income through the referral program. 

Since liquidity decreases only at night or when trading exotic instruments, there is no spread during most sessions.

How to Start Making Profits — Guide for Traders

Spectre.ai is suitable for traders with different levels of expertise, from the beginner to the professional. The broker offers only one type of account, which each client can customize for their own trading needs. 

Account types:

Account Type
Description
Regular
Regular is an account with an initial set of functions and instruments. The maximum trade size is $1,000. The allowable number of simultaneously open positions is 1. The minimum deposit is from $10, spreads are from 0.0 pips. In the Trader's Bay section, the functionality can be expanded by several parameters. Chains provide access to assets with a 400% bonus to payouts after making three winning trades in a row. Jumbo trades provide an increase in the maximum trade size up to $2,000. Waterfall allows the simultaneous opening of two positions. Shredders spread reduction by 50%, and Spark adds sparkline charts. Connecting Microtrading allows you to open deals from $0.5. Templates provide five trading templates. Also, a trader can access FX instruments with a 1-5% increase in profit.

A distinctive feature of the broker is that after opening a demo account, it can be transferred to a real account without opening a new one. To do this, it is enough to link your electronic wallet to your account.

Spectre.ai offers extensive functionality for developing individual strategies and makes it possible for both beginners and professional traders to trade hassle-free.

Bonuses Paid by the Broker

Competitive SIP Incentive Program

The trader who has demonstrated the highest trading volumes according to the results of the last week is provided with a trading bonus in the amount of $1,000. At the end of the year, the broker credits $50,000 to the trader with the highest trading volume.

Spectre.ai bonuses — SIP
Spectre.ai bonuses — SIP

Investment Education Online

Information

There is no initial training in trading on the broker's website. However, for those who already know the terminology and know the principles of trading, the information on trading models and methodologies is presented in an onsite video, which is contained in the Education section. It is very useful.

Information provided in the Trading Guides section
Information not available on the Spectre.ai website
Applying strategies on the web platform
FX terminology
Educational webinars
Projections for technical and fundamental analysis
Economic calendar
The basics of trading and making transactions

All information provided is available for use on a demo account.

Security (Protection for Investors)

Information

Spectre.ai is not regulated by external regulatory authorities. The company is registered in Saint Vincent and the Grenadines (registration number 25113 IBC 2018).

A guarantee against fraudulent activities is provided via blockchain technology, which uses decentralized servers that prevent brokers from participating in trading.

👍 Advantages

  • Regulation of the degree of risk by the client himself
  • Direct trading opportunity

👎 Disadvantages

  • No external regulator
  • No insurance coverage in case of company bankruptcy

Withdrawal Options and Fees

  • The account is replenished immediately after the transfer of funds. The withdrawal request is processed within 24-48 hours from the time of submission.

  • After processing the application, when withdrawing to an electronic wallet, crediting occurs in a blink of an eye, although it can take from 2 to 6 working days to withdraw funds to a bank card.

  • It is possible to withdraw funds to an e-wallet of one of the 16 offered payment systems or a bank card. Depending on the chosen EPS method, a fee might be charged.

  • Withdrawal and deposit of currency is only in USDs.

  • It is possible to attach your Ethereum e-wallet and trade directly from it.

Customer Support Service

Information

The company's specialists provide round-the-clock support on weekdays.

👍 Advantages

  • There is an online chat
  • Support is available in six languages

👎 Disadvantages

  • Phone support is subject to additional fees
  • A one-time code is issued for a phone call

Available communication channels with customer support specialists include:

  • online chat;

  • email;

  • specified phones.

  • feedback form.

Live chat support is available in English, Estonian, Croatian, Indonesian, Spanish, and Portuguese.

Contacts

Foundation date 2018
Registration address Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent, and the Grenadines
Official site
Contacts

Review of the Personal Cabinet of Spectre.ai

To start working with Spectre.ai you need to:

1

Register on the Traders Union website and go to the broker's website using a unique referral link. On the main page, select one of the nine available interface languages and click the Login button.

Spectre.ai Review — Official site
Spectre.ai Review — Official site
Spectre.ai Review — Official site
2

Complete the registration, specifying the password and email address, which will receive a confirmation letter. After that, it will be possible to log in to the site and gain access to the trading terminal and your personal account. Before making a deposit, you must provide scanned copies of documents for identity verification.

3

In your personal account, you can perform the following actions:

1. Account replenishment and withdrawal of funds.

Spectre.ai Review — Account deposits & withdrawals
Spectre.ai Review — Account deposits & withdrawals

2. Open an account and create an internal e-wallet:

Spectre.ai Review — Account opening
Spectre.ai Review — Account opening

1. Account replenishment and withdrawal of funds.

Spectre.ai Review — Account deposits & withdrawals
Spectre.ai Review — Account deposits & withdrawals

2. Open an account and create an internal e-wallet:

Spectre.ai Review — Account opening
Spectre.ai Review — Account opening

These additional actions are also at your disposal:

  • Installing the platform app and configuring it.

  • Direct and quick contact with technical support.

  • Edit personal data.

  • View the latest analytics for trading instruments.

Disclaimer:

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Spectre.ai Review Spectre.ai Review

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FAQs

Why has Spectre.ai been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Spectre.ai by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Spectre.ai is down, not updated or operates with clear errors and some features are not available;
• Spectre.ai has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Spectre.ai got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Spectre.ai got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Spectre.ai?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Spectre.ai is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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