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Score

1.34 /10
Danger

SPX Markets

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

License Index 0.00
Business Index 5.69
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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Website

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

1G

40G

open now

Contact number

English

+442045428087

Broker Information

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Company Name

SPX Markets

Company Abbreviation

SPX Markets

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2023-06-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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SPX Markets · Company summary

General Information& Regulation

SPX Markets is an emerging Forex broker which has been set up for no more than 2 years, it was registered in the United Kingdom with its actual registered address at 1 Canada Square, Canary Wharf, London E14 5AA.

Market Instruments

SPX Markets is a retail broker that offers multi-asset trading in premium trading conditions and support, and the assets could be classified as Cryptocurrencies, Stocks, Commodities, and Forex.

Accounts & Leverage

There is a broad selection of accounts for the client including Bronze Account, Silver Account, Gold Account, Platinum Account with various deposits. The minimum deposit varies between €1000 and €25,000, for instance, the Bronze Account requires the minimum deposit of €1000, and clients have to deposit €2500 when you would like to open the Silver Account, besides, €10,000 is a necessity for the Gold Account, as for the Platinum Account, clients are required to deposit the minimum amount of €25,000.

Trading Platform

Clients are allowed to apply on a web-based trading platform that possesses a plethora of experts, and advanced tools and features.

Deposit & Withdrawal

Clients are allowed to withdraw or deposit via VISA, MasterCard, Maestro, Diners Club, JBC, Skrill, Ukash, Neteller, as well as SWIFT.

Customer Support

If in any doubts as to transactions, please call at +442045428087/12498010926 within a reasonable time or e-mail at support@spxmarkets.com in your free time.

Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.

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柠檬28651
more than one year
SPX Markets is a scam brokerage firm that appears to be legitimate but actually intends to defraud investors of their money. The first few trades are profitable, but this is just the result of their hateful manipulation to make you let your guard down and invest more and more money and... get scammed!
2023-03-22 12:22
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问天、情无语
more than one year
Why they have the courage to require as high as 1000 euros to get started?! I really confused. Do they really think they can be trusted? As an unregulated broker, they are over-confident, funny!
2023-02-14 10:05
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