Abstract:SphereX is allegedly a suspicious clone and unregulated forex broker registered in the United States that claims to provide its clients with some tradable assets with leverage up to 1:100. Unluckily, other more detailed information about this broker is not available on the Internet.
Note: Since SphereXs official site (https://spherex.pro/) is unavailable while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
SphereX is allegedly a suspicious clone and unregulated forex broker registered in the United States that claims to provide its clients with some tradable assets with leverage up to 1:100. Unluckily, other more detailed information about this broker is not available on the Internet.
Market Instruments
Available market instruments at SphereX are said to be forex currency pairs, commodities, cryptocurrencies, and probably other instruments that have not been detailed.
Leverage
A leverage ratio of up to 1:100 is offered by SphereX, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
Deposit & Withdrawal
SphereX says to work with accepts deposits via credit cards, Neteller and Skrill, as well as wire transfers and crypto wallets. However, without an account, we can not verify that. The minimum initial deposit requirement is set to be $500.
Customer Support
SphereX‘s customer support can be reached by email: support@spherex.pro. Company address: 4255 South Buckley Road #1088, Aurora, CO 80013, United States of America. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Fintech start-up Midas has achieved a significant milestone by raising $45 million in equity funding, marking the largest Series A fundraising by a Turkish fintech firm, and the second largest across sectors.
eToro collaborates with 21Shares to introduce a dynamic, data-driven crypto investment portfolio for retail investors.
The Extraordinary General Meeting of NAGA shareholders has voted overwhelmingly in favour of the merger with CAPEX.com, reaching an impressive 99.81% approval rate.
CySEC has strongly cautioned investors about more 12 unlicensed websites advertising investment services.