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Spider Forex logo

Spider Forex

No Regulation
Mauritius
,
Since 2020
Last Updated:

Trading Conditions

Min Deposit:
USD10
Max Leverage:
500
Account Types
MicroMiniClassic+2 more

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

6 methods

Visa

credit card
Instant
Fee:
Free
Fee:
Free

Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
days
Fee:
Free
Fee:
Free

Bitcoin

crypto
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 50%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
50%Fair
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Spider Capital Investment Limited
Founded:2020
Headquarters:Mauritius
Enterprise Offices:N/A

Customer Support

Phone:
+230 2144395
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Is Spider Forex a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
High risk (unverified)Confidence: MEDIUM
2.5/5Safety rating 2.5 out of 5

Spider Forex is a high-risk operation, not a safe broker: it held only a weak offshore Mauritius licence that has now lapsed, there are credible reports of blocked withdrawals and reset profits, and…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation8/10 · CriticalIdentity & transparency4/10 · ModerateWithdrawals & conduct6/10 · HighReputation6/10 · HighWebsite claims5/10 · ModerateOperational history4/10 · Moderate
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Spider Forex: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

In the ever-changing environment of finance trading, it is imperative for a trader or a beginner to choose a broker strategically. Spider Capital Investment Limited emerges in this challenging market environment and competes with other firms by offering trading and finance solutions catering to the needs of distinct consumers. Although the finance market changes rapidly, firms such as Spider Capital Investment Limited work on allowing traders to adapt perfectly to such changes.

Background and History

Spider Capital Investment Limited began operations in 2020 in Mauritius. Nonetheless, there is limited information on the inception date, history, and development of the company and its offerings. It can therefore be assumed that this company is youthful or operates under the shadows in the finance sector.

Key Features & Offerings

Spider Capital Investment Limited provides trading solutions for different financial assets. Although there is limited product information, trading companies of this type normally offer support for trading currencies, commodities, indices, and even cryptocurrencies. The firm presumably seeks to offer a trading platform that facilitates smooth trading and analysis.

Besides trading instruments, brokers usually offer educational materials, customer support, and analysis tools. However, due to a lack of information, it is difficult to point out what exactly Spider Capital Investment Limited focuses on. Prospective customers should initiate contact with the broker for any necessary clarifications.

Compliance and Licenses

The existence of regulation is an important consideration in the evaluation of any financial services firm. This is an important aspect, as it shows the broker is operating within parameters of the law, which safeguards investors. Unfortunately, not much can be highlighted concerning regulation or licensing with Spider Capital Investment Limited.

In the absence of authentic regulatory credentials, a prospective customer should therefore exercise due diligence before dealing with the broker. This is because authenticity of licensing credentials is a clear indication of a broker's adherence to regulatory compliances and customer safety.

Regulator License

Limited information available Limited information available Limited information available

Trading Conditions and Platform Technology

All traders, regardless

The trading conditions such as spreads, leverage, and minimum deposit requirements are crucial to help the trader grasp the risk associated with their investments. The specific trading conditions offered by Spider Capital Investment Limited cannot be ascertained from publicly available sources.

Additionally, the technology platforms used or supported by the broker—in-house or third-party options like MetaTrader—are not clearly identified. Features of the technology platforms used that would influence trading include order options, charting facilities, and smartphone compatibility.

Trading Condition Details

Spreads Limited information available

Reasonable belief There was

Minimum Deposit Limited data available

Trading Platform Limited information available

Fee Structure

The fee structure is very crucial for the trader to determine the cost of trading. The fee structure for any brokerage may include commissions, the spread charged on transactions, the fee for deposit and withdrawal services, and the fee for inactivity. Unfortunately, however, Spider Capital Investment Limited has failed to disclose the fee structure for its services.

In the absence of fee transparency, traders should tread carefully and request confirmation of fees directly from the broker to avoid surprises.

Fee Type

Deposit Fees Insufficient data available

Withdrawal Fees Limited information available

Commission Limited information available

Other Fees: Limited information available

User Experience and Market Reputation

Client reviews and reputation offer important insights into the dependability and quality of services being offered by the broker. However, there appears to be a lack of customer reviews and testimonials accessible to the public about Spider Capital Investment Limited. This creates a problem in understanding customer satisfaction and possible drawbacks of the broker.

For those interested in investing with Spider Capital Investment Limited, they may want to contemplate contacting the firm and asking for referrals or a trial opportunity to assess the service.

Recent Developments

The ever-changing and competitive environment within the financial industry sees the issuance of notifications regarding new developments by brokers. At the current stage, there are no recorded recent events available in the public domain regarding Spider Capital Investment Limited. The lack of any recent developments might be a sign of either a stable business environment or a lack of interaction.

Keeping abreast through official and financial updates would be advisable for anyone who wishes to know about any updates that might be released in the future from Spider Capital Investment Limited.

CONCLUSION

Spider Capital Investment Limited prides itself on being a trading broker in the financial services sector, but there is very little publicly available about this firm. Information regarding important factors such as regulation, trading terms, fees, and consumer feedback is not made generally available, which highlights why due diligence evaluation is always important for new customers.

Although Spider Capital Investment Limited may prove to be a profitable trading opportunity, it is necessary that potential traders make direct contact with the broker in order to obtain some crucial information. Like in any financial trading services provider, transparency, regulation, and customer service are essential to ensure a safe trading experience.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for Spider Forex. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Spider Forex. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

5 account types on record. Minimum deposit from USD 10. Leverage up to 1:500.

5 account types
AccountMin DepositLeverageCommission
MicroCentUSD 101:500Zero commissions
MiniCentUSD 1001:500Zero commissions
ClassicStandardUSD 5001:500Zero commissions
PremiumVIPUSD 1,0001:500Zero commissions
ECNUSD 2,0001:500Lowest commissions
Account names and conditions as published by Spider Forex, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

6 ways to fund an account. 6 with no deposit fee. 5 credit instantly.

6 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
VisaCredit CardFreeNot recordedUSD 100Not recordedNot recordedInstant
MastercardCredit CardFreeNot recordedUSD 100Not recordedNot recordedInstant
SkrillE-WalletFreeNot recordedUSD 100Not recordedNot recordedInstant
NetellerE-WalletFreeNot recordedUSD 100Not recordedNot recordedInstant
Bank TransferBank TransferFreeNot recordedUSD 100Not recordedNot recordedday
BitcoinCryptocurrencyFreeNot recordedUSD 20Not recordedNot recordedInstant
Fees, limits and processing times as published by Spider Forex, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • client.spiderforex.comRegionalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Company registry check
Checked

Company Registration

The operating company is Spider Capital Investment Ltd. Registered in Mauritius. Registration number GB24203499.

Verified on registry
Legal entity
Spider Capital Investment Ltd
Registration number
GB24203499
Jurisdiction
Mauritius
Registry
Financial Services Commission Mauritius (Online Public Register)
Registered address
20 Edith Cavell Street, Level 6 Ken Lee Building, Port Louis, Mauritius
Frequently Asked Questions

Frequently Asked Questions

Common questions about Spider Forex

Most Popular Questions
Spider Forex customer support can be reached via live chat during business hours, email at support@spiderforex.com, or by phone at +230 2144395. Support is available in English.
Spider Forex offers a maximum leverage of 500. This allows traders to control larger positions relative to their account balance.
The minimum deposit amount to open an account with Spider Forex is 10 USD. This is the lowest amount accepted to start trading on their platform.
Spider Forex supports the MetaTrader 5 platform, which is available on desktop, web, iOS, and Android devices. MetaTrader 5 offers multi-asset trading with advanced analytics and algorithmic trading tools.
The broker is without any licenses or regulatory oversight as of the latest update.
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