Score

1.89 /10
Danger

Spider Capital Investment Limited

Mauritius

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index5.99

Risk Management Index0.00

Software Index7.40

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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Broker Information

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Company Name

Spider Capital Investment Limited

Company Abbreviation

Spider Capital Investment Limited

Platform registered country and region

Mauritius

Company website

WhatsApp

  • +230 2144395

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-06-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Spider Capital Investment Limited · Company summary
Spider Forex Review Summary
Founded2020
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, CFDs, commodities, indices, cryptos, and metals
Demo Account
LeverageUp to 1:500
SpreadFrom 2.5 pips (Mini account)
Trading PlatformMT5
Minimum Deposit$10
Customer Support24/7 support, live chat, Whats App
Tel: +230 2144395
Email: support@spiderforex.com
Address: 6th floor Ken Lee Building 20, Edith Cavell Street Port Louis, Mauritius 11304
Social Media: Facebook, X, Instagram, LinkedIn

Spider Forex Information

Spider Forex is an unregulated broker, offering trading on forex, commodities, stocks, indices with leverage up to 1:500 and spread from 0.3 pips on the MT5 trading platform. The minimum deposit requirement is only $10.

Spider Forex Information

Pros and Cons

Pros Cons
MT5 platformNo regulation
Demo accounts
Various trading products
Low minimum deposit
Live chat support
Five account types offered
Zero commission fees

Is Spider Forex Legit?

No. Spider Forex currently has no valid regulations. Please be aware of the risk!

license
domain

What Can I Trade on Spider Forex?

Spider Forex offers trading on forex, CFDs, commodities, indices, cryptos, and metals.

Tradable Instruments Supported
Forex
CFDs
Commodities
Indices
Cryptos
Metals
Stocks
Bonds
Options
ETFs

Account Type

Here are five live account types Spider Forex offers. Besides, the broker offers Demo Account.

Account TypeMinimum DepositSuitable for
Mini $100Advanced features for Pro traders
Micro$10For beginners with standard conditions
Classic$500Tight spreads and direct market access
Premium$100Lowest spreads for high-volume traders
ECN$10Bank spreads for high-volume traders
Account Type
Account Type

Leverage

Spider Forex offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Spider Forex Fees

Account TypeSpreads fromCommission
Mini 2.5 pips
Micro2.8 pips
Classic2.0 pips
Premium1.5 pips
ECN0.3 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, mobile, webExperienced traders
MT4/Beginners
Trading Platform

Deposit and Withdrawal

Spider Forex accepts payments via credit, Master Card, Maestro, etc. More detailed info on deposit and withdrawal like fees and processing time are not disclosed.

Deposit and Withdrawal

User Reviews

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User comment

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Comments

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Dreams come True
more than one year
ERRANTE doesn't do the one-size-fits-all thing – they've got different account types with various spreads and leverage options. So, you can kinda tailor it to your own trading groove. Platforms-wise, they've got the classics covered – MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. It's a nice selection, depending on your preferences.
ERRANTE doesn't do the one-size-fits-all thing – they've got different account types with various spreads and leverage options. So, you can kinda tailor it to your own trading groove. Platforms-wise, they've got the classics covered – MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. It's a nice selection, depending on your preferences.
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2023-12-05 14:20
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Lilybrown
more than one year
I've been on the lookout for a reliable forex platform, and a friend recommended this one. Firstly, their transaction fees are relatively low, which is a game-changer for someone like me who's just starting out. Plus, their user interface is clean and user-friendly, perfect for newbies. When I started, I had some basic questions, and their customer service was incredibly patient and helpful. So far, my trading experience has been good. Here's hoping for more smooth sailing!
I've been on the lookout for a reliable forex platform, and a friend recommended this one. Firstly, their transaction fees are relatively low, which is a game-changer for someone like me who's just starting out. Plus, their user interface is clean and user-friendly, perfect for newbies. When I started, I had some basic questions, and their customer service was incredibly patient and helpful. So far, my trading experience has been good. Here's hoping for more smooth sailing!
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2023-12-04 18:51
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