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Specter.ai

Regulated
Saint Vincent and the Grenadines
,
Since 2017
Last Updated:
20/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
40
Account Types
Standard

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

6 methods

Bank Transfer

bank transfer
2 days
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets (Skrill, Neteller, Uphold)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (Ethereum)

crypto
Instant
Fee:
Free
Fee:
Free

Wallet Account

other
Instant
Fee:
Free
Fee:
Free

Regular Account

other
2 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 13%, 3: Software 50%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
4%Poor
License
13%Poor
Software
50%Fair
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:Specter.ai
Founded:2017
Headquarters:Saint Vincent and the Grenadines
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
24/7
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Overview and Introduction

Specter.ai is a broker and financial services company with an increasing number of members in the online trader community. While publicly available information about Specter.ai is limited, Specter.ai aims to be a trading platform for various types of traders by providing them with the opportunity to trade digitally.

In a world where trading occurs in a fast-paced environment, brokers such as Specter.ai offer efficient trading solutions that will suit the needs of both novice and experienced traders. In this Review, we will provide as much detail as possible about who Specter.ai is and what they are about by presenting background information about Specter.ai, their key features, their trading conditions, and other important details about this broker.

History and Background

Spectre.ai is a blockchain trading platform for binary options (options limiting either profit or loss, unlike traditional financial markets where one can lose a certain percentage). Spectre.ai has a "no minimum deposit requirement" and was created using decentralized or "crowd-sourced" trading technology. Spectre.ai is an abbreviation for Speculative Tokenized Trading Exchange (broker-free trading). Spectre.ai is owned and developed by Spectre Trading Limited, whose registered office is located in St. Vincent and the Grenadines. In 2017, Spectre opened up their Initial Coin Offering (ICO) to investors. Since then, they have found their most dedicated users in the Asian Trading Community but have recently begun to gain traction in Europe and beyond. The Spectre Trading Team has been in the news for their unique way of approaching online trading. Their trading model is based on a Decentralized Autonomous Liquidity Pool (DALP), which was built on the Ethereum blockchain technology platform, and the Spectre Trading System will automatically match new market orders with existing market orders on their books.In the event that a trader does not participate in an opposing trade on Specter.ai, the trade will be executed based on the Directional Arbitrage Limiting Price (DALP).

It is unclear what specific offerings are available through the Specter.ai trade platform, as that information is currently limited; however, brokers offering this type of service typically provide various types of trading instruments, including currency pairs (Forex), cryptocurrencies, commodities, indices, etc., as well as multiple ways for traders to use their platform. Furthermore, brokers like Specter.ai tend to attract traders who want a simplistic, user-friendly experience without excessive complexity. Therefore, Specter.ai focuses on these attributes when designing its trading interface.

Additionally, Specter.ai may offer:

Real-time market data available on its trading platform to enable users to quickly make educated trading decisions.

User-friendly trading charts that allow traders to view multiple types of data in an easily recognizable format.

Mobile trading capabilities for those who require access to their accounts while on the go from their mobile devices.

As traders look for flexibility and timely access to market information, user-friendly features are crucial elements to the trading experience.

Regulatory Compliance / Licensing

Regulatory oversight is an important factor when evaluating a potential trading broker. Unfortunately, at the present time, only limited information about the regulatory status and licensing of Specter.ai is publicly available. Therefore, traders are encouraged to take extra precautions when evaluating any trading broker with limited public regulatory information. Traders are strongly advised to complete thorough research on all brokers prior to opening an account with any of them, especially if they do not have any known or verified regulatory credentials.

The table below contains a summary of the current regulatory information for Specter.ai:

Regulator | License Number | Status

Limited Regulatory Information | — | —

Trading Conditions / Platform Technology

When evaluating brokers, it is important for traders to evaluate the broker's trading conditions. Key trading conditions include spreads, leverage, and minimum deposit amounts. Unfortunately, due to the limited number of data points available on Specter.ai at this time, there is currently no publically available data supporting the actual numbers for these three key trading conditions of theAlthough Specter.ai may be limited by the amount of available information and is comparable in many senses to other brokers, typical brokers in this category typically offer competitive spreads and leverage and accessible minimum deposits for potential clients of various digital financial platforms.

Specter.ai is also likely to provide a web-based trading platform that has been optimized for easy access and quick execution, as well as the availability of mobile applications, which allow users to trade from anywhere they may be working.

The table below provides an outline of what a trader would expect for the trading conditions offered to traders by a broker similar to Specter.ai, based on industry standards:

Trading Conditions

Typical Range / Offering

Additional Information

Spread

Variable, beginning at 1 pip

Depends on asset and conditions

Leverage

Up to 1:100

Dependent on regulatory restrictions

Minimum Deposit

$10 and up

Available to retail traders

Platform

Web-based app and mobile app

Focus on a user-friendly interface

Fee Structure

Understanding the fee structure is critical for each trader to effectively manage cost. Unfortunately, because Specter.ai has not disclosed any specific details on its policies regarding deposits and withdrawals or commissions, there is no information available about this area. Brokers that operate in this particular category typically offer commission-free trading with their higher volume of trades having spreads as their only cost, unless otherwise stated.

Below outlines some fee components that traders should be aware of when evaluating a broker such as Specter.ai:

Fee Type

Typical Cost

Notes

Deposit

Typically none

Depends on Payment Method

Withdrawal

Varies depending upon payment method and amount

Fees may apply

Commissions

Typically none

Fees included with Spreads

Spreads

Variable

Typical primary cost for traders

User Experience and Market Reputation

Due to the lack of publicly available information regarding Specter.ai's user experience and overall market reputation, it is impossible to report in detail about these areas at this time. Anyone interested in using this broker should read reviews and comments from current customers, post to community forums to share their thoughts and opinions regarding Specter.ai, and/or participate in demo account testing to have an accurate assessment of the reliability and quality of service provided.

Generally speaking, brokers known for having user-friendly platforms, responsive customer support, and transparent trading conditions tend to have a stronger market reputation than brokers that operate without the user in mind. Users of Specter.ai as a prospective user may be encouraged to test out the platform and to use a demo account or a small initial deposit to evaluate its suitability for their needs.

Conclusion

In summary, Specter.ai represents a broker focused on making financial products more accessible through digital platforms. However, there is very limited information available regarding its regulatory status, fee structures and offering specifics. Anyone considering trading with Specter.ai should do their Due Diligence prior to committing to any funds.

As there is limited information available to date, anyone who is considering using this broker is encouraged to test their platforms and review any community insight to develop an understanding of their capabilities and reliability. As always, transparency and regulatory compliance are two of the most important aspects of selecting a trading partner.

Regulatory Licenses

Compliance & oversight

1 license
Saint Vincent and the Grenadines
FSATier 3
Saint Vincent and the Grenadines
License Details
Type:Financial Service
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

1 type
Standard
Standard
Leverage 1:1 • Commission No official account types listed
Leverage1:1
CommissionNo official account types listed
1
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

6 methods
Bank Transfer
Bank Transfer2 min
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing times may vary depending on the bank and region. Available in regions where bank transfers are supported.
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing times may vary depending on the card issuer. Available in regions where Visa and Mastercard are accepted.
E-Wallets (Skrill, Neteller, Uphold)
E-WalletInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing times may vary depending on the e-wallet provider. Available in regions where Skrill, Neteller, and Uphold are supported.
Cryptocurrency (Ethereum)
CryptocurrencyInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Processing times may vary depending on the Ethereum network. Available in regions supporting Ethereum transactions.
6
Free Deposit
6
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
TradingView

TradingView

by TradingView Inc. • 2011

Windows
Mac
Web
Android
+2
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Specter.ai: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Specter.ai at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Specter.ai

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

2 platform

Comments

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