Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Spec Markets

Cyprus Cyprus | 1-2 years |
ECN Account Regulated in Australia | Inst Forex Execution (STP) | MT5 Full License | Regional Brokers

https://www.specmarkets.com/

Website

Rating Index

License 6.05 Software 9.10 Risk Control 9.23 Business 4.77 Regulation 6.05
6.72

MT4/5 Verification

MT4/5

Full License

SpecCapitals-Live

United Kingdom
United Kingdom
MT5
3

Influence

D

Influence Index NO.1

India India 2.57

MT4/5 Verification

MT4/5 Verification

Full License

3
Server Name
SpecCapitals-LiveMT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

D

Influence Index NO.1

India India 2.57
Surpassed 67.20% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+852 800 969 220
https://www.specmarkets.com/
Plateia Faneromenis 76, 1st Floor, 1011 Nicosia, Cyprus.

Basic Information

Registered Region
Cyprus
Operating Period
1-2 years
Company Name
Spec Capitals Ltd
Abbreviation
Spec Markets
Employees
--
Email
support@specfx.com
Contact Number
+852800969220
Address
Plateia Faneromenis 76, 1st Floor, 1011 Nicosia, Cyprus.
Company Profile
1-2 years
Regulated in Australia
Regulated in South Africa
Inst Forex Execution (STP)
Derivatives Trading License (EP)
MT5 Full License
Regional Brokers
axim黑平台

axim黑平台

Unverified

Hong Kong

The spec platform launched a promotion where depositing $200 and trading three lots earns you $60 cash. I completed all requirements but the platform's customer service refuses to give it to me.

Exposure

FX1736939540

FX1736939540

Unverified

Indonesia

Spec markets is very good, deposits and withdrawals are very fast. In addition, the platform is easy to use on MT5, Spread for gold is very tight and Spread for Forex is also very tight.

Neutral

Neutral

FX1974479262

FX1974479262

Unverified

Indonesia

This broker offers access to a wide range of trading instruments through a platform that is relatively easy to use. In terms of regulation and operational systems, the broker provides a solid level of basic security for its users. Trade execution is generally stable with competitive costs, although under certain market conditions, spread fluctuations may still occur. Support services and educational materials are available as additional features. Overall, this broker can be considered a viable option, provided that traders align its use with their individual needs and risk profiles.

Neutral

Neutral

Ahmad Saeful Anam

Ahmad Saeful Anam

Authenticated
Unverified

Indonesia

F Broker is very good and trustworthy It gives the impression of being a mediocre broker, neither good nor bad. I think the spreads are relatively tight, but there's no particular reason to use it as a main platform. That said, they sometimes offer account opening bonuses, so it might be worth trying out. Oh, but after opening an account, you might get emails or calls from their support team—seems they put effort into that. Since I didn't use it much, it's hard to say for sure.

Neutral

Neutral

FX1825073414

FX1825073414

Verified

Japan

It gives the impression of being a mediocre broker, neither good nor bad. I think the spreads are relatively tight, but there's no particular reason to use it as a main platform. That said, they sometimes offer account opening bonuses, so it might be worth trying out. Oh, but after opening an account, you might get emails or calls from their support team—seems they put effort into that. Since I didn't use it much, it's hard to say for sure...💦

Neutral

Neutral

38
Account Info
Related Personnel
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
2
MT5 Servers
188.33
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

Users who viewed Spec Markets also viewed..

taurex

taurex

8.49
Score
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
taurex
taurex
Score
8.49
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
CPT Markets

CPT Markets

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
TMGM

TMGM

8.58
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
TMGM
TMGM
Score
8.58
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • United States spectrading.com
    172.67.187.170
  • United States specmarkets.com
    104.21.58.225
  • United States specfx.com
    172.67.141.28

Review summary

Spec Capitals Ltd, operating as Spec Markets, is a broker registered in Cyprus with an operating history of 1-2 years. It holds a regulated status with licenses from key financial authorities, including a Derivatives Trading License from the South African FSCA and an Institutional Forex Execution license from Australia's ASIC, secured through its holding companies. An additional Securities Trading License from the Mauritius FSC adds to its regulatory footprint. For traders, the broker offers a variety of account types, including Standard and ECN accounts, with a minimum entry condition of $50 and access to high leverage up to 1:2000 on certain accounts. The broker supports the MT5 platform exclusively, with WikiFX data noting an average order execution speed of 185 milliseconds. This combination of regulatory oversight and modern trading infrastructure contributes to its overall WikiFX score of 6.67. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)

Company Profile

  • 1-2 years
  • Regulated in Australia
  • Regulated in South Africa
  • Inst Forex Execution (STP)
  • Derivatives Trading License (EP)
  • MT5 Full License
  • Regional Brokers

News

Spec Markets Launches New Rewards Program: Earn More Than Just Profits

News Spec Markets Launches New Rewards Program: Earn More Than Just Profits

The global retail trading industry is entering a more deliberate and regulated phase, marked by stronger oversight, greater operational transparency, and rising expectations from traders. Against this

Boost Your Trading Power: Spec Markets Launches 50% Trading Credit Bonus

News Boost Your Trading Power: Spec Markets Launches 50% Trading Credit Bonus

March 17, 2026 | By Spec Markets TeamIn a major move to empower its global trading community, Spec Markets has announced the launch of its highly anticipated 50% Trading Credit Bonus campaign. Running

Spec Markets Launches Social Trading Platform

News Spec Markets Launches Social Trading Platform

March 17, 2026 | By Spec Markets TeamSpec Markets has officially announced the launch of its new Social Trading platform, bringing institutional trading expertise and robust risk controls to the retai

Spec Trading Blocks Withdrawals on Big Profits

Exposure Spec Trading Blocks Withdrawals on Big Profits

Spec Trading blocks profit withdrawals and traps funds. Victims face denied payouts—avoid Spec FX, read reviews, protect money now!

SPEC TRADING Review 2026: Is this Forex Broker Legit or a Scam?

Exposure SPEC TRADING Review 2026: Is this Forex Broker Legit or a Scam?

SPEC TRADING holds valid licenses from ASIC (Australia) and FSCA (South Africa), earning a respectable WikiFX score of 6.63 despite being established recently in 2024. However, traders must exercise extreme caution regarding its high 1:2000 leverage, which presents significant financial risk despite the platform's regulatory compliance.

Spec FX Broker Review 2025: Regulated or Not?

Exposure Spec FX Broker Review 2025: Regulated or Not?

Spec FX Broker Review 2025 defines the broker’s regulation status, licenses, account types, and trading platforms in a neutral, data-driven overview.

View More

Wiki Q&A

Is SPEC TRADING a reliable or highly suspicious trading platform?

Spec Trading, operating as Spec Markets, is a regulated broker with a 1-2 year operating history from Cyprus, holding a WikiFX score of 6.67. It operates under a derivatives license from South Africa's FSCA and an institutional forex license from ASIC through its holding company, while also holding a securities trading license from the Mauritius FSC. The platform's infrastructure includes full support for MetaTrader 5, with WikiFX data noting an average order execution speed of 185 milliseconds.

04-02
United States

Is SPEC TRADING regulated?

Yes, Spec Trading is a regulated entity. Its operating company, Spec Capitals Ltd, holds a Derivatives Trading License (54462) from South Africa's Financial Sector Conduct Authority (FSCA) and a Securities Trading License (GB252045999) from the Mauritius FSC. Through its holding company, Tathra Capital Pty Ltd, it also holds an Institutional Forex Execution license (517156) from the Australian Securities and Investments Commission (ASIC).

04-02
United States

What is the minimum deposit for SPEC TRADING?

Spec Markets sets a minimum entry condition of $50 for its primary ECN and Standard trading accounts. The broker offers a diverse range of funding methods, including credit/debit cards (VISA/Mastercard), bank wire transfers (SWIFT and Local Wire), and various cryptocurrency options like USDT and USDC, with most deposits processed instantly or within a few business days without charging fees.

04-02
United States

Does SPEC TRADING support MT5?

Yes, Spec Trading exclusively supports the MetaTrader 5 (MT5) platform. WikiFX data identifies the broker as a formal full license MT5 provider, which typically indicates established system services and technical support. The platform's average order execution speed is recorded at 185 milliseconds.

04-02
United States
View More

User Comments38

All (38) Positive (33) Neutral (4) Exposure (1)
Swipe up to load more
Post a Review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Share your experience

Required...

Submit Now
Write a Review
38
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com