Score

6.65 /10
Average

SPEC TRADING

Cyprus

1-2 years

Regulated in Australia

Inst Forex Execution (STP)

MT5 Full License

Regional Brokers

C

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index6.05

Business Index4.28

Risk Management Index9.19

Software Index9.10

License Index6.05

Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Spec Capitals Ltd

Company Abbreviation

SPEC TRADING

Platform registered country and region

Cyprus

Company website

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WikiFX Verification

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News

ExposureSPEC TRADING Review 2026: Is this Forex Broker Legit or a Scam?

SPEC TRADING holds valid licenses from ASIC (Australia) and FSCA (South Africa), earning a respectable WikiFX score of 6.63 despite being established recently in 2024. However, traders must exercise extreme caution regarding its high 1:2000 leverage, which presents significant financial risk despite the platform's regulatory compliance.

WikiFX
2026-01-28 14:00
SPEC TRADING Review 2026: Is this Forex Broker Legit or a Scam?

ExposureSpec FX Broker Review 2025: Regulated or Not?

Spec FX Broker Review 2025 defines the broker’s regulation status, licenses, account types, and trading platforms in a neutral, data-driven overview.

WikiFX
2025-10-30 18:15
Spec FX Broker Review 2025: Regulated or Not?

User Reviews

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User comment

38

Comments

Write a review

WNAT
6-12months
I am writing this to warn all traders about SPEC FX.I traded profitably. I was able to withdraw $162 and $420 successfully — so I thought this broker was legit. But when my account grew and I requested to withdraw the remaining $218, they suddenly rejected my withdrawal and accused me of vague violations like "breaching trading principles" and "Negative Balance Protection rules" — without any proof or specific explanation. I asked for details. They went silent for 3 days. Then they simply removed the $250.73 from my account balance, leaving it at $0. The point is: they steal profits from successful traders. If you trade with SPEC FX and become profitable, expect the same treatment. They will find an excuse in their Terms & Conditions to take your money. I have all email conversations and screenshots as proof. Avoid this broker if you want to keep your profits.
I am writing this to warn all traders about SPEC FX.I traded profitably. I was able to withdraw $162 and $420 successfully — so I thought this broker was legit. But when my account grew and I requested to withdraw the remaining $218, they suddenly rejected my withdrawal and accused me of vague violations like "breaching trading principles" and "Negative Balance Protection rules" — without any proof or specific explanation. I asked for details. They went silent for 3 days. Then they simply removed the $250.73 from my account balance, leaving it at $0. The point is: they steal profits from successful traders. If you trade with SPEC FX and become profitable, expect the same treatment. They will find an excuse in their Terms & Conditions to take your money. I have all email conversations and screenshots as proof. Avoid this broker if you want to keep your profits.
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2026-02-20 21:27
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FX7196624482
0-3months
Halo semua para pedagang dimanapun anda berada. Saya rekomendasikan untuk menggunakan Spec markets. Di sini platform bagus pelayanan cepat dan mudah di akses. Cepat untuk deposit dan widraw. Biaya komisi rendah.
Halo semua para pedagang dimanapun anda berada. Saya rekomendasikan untuk menggunakan Spec markets. Di sini platform bagus pelayanan cepat dan mudah di akses. Cepat untuk deposit dan widraw. Biaya komisi rendah.
Translate to English
2026-02-13 08:22
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