Review summary
SPX Trade is a broker established 1-2 years ago, registered in the United Kingdom. The entity's business scope is flagged as a suspicious operational region, and according to WikiFX assessment, it holds no valid authoritative forex trading licenses from recognized financial regulators. This lack of mainstream financial oversight presents significant risks for client fund protection and dispute resolution. The broker offers multiple account types including Zero, PRO, Premium, and Standard, with minimum deposits ranging from $250 to $500,000 USD and spreads starting from 0 pips. All accounts support scalping, Expert Advisors, and hedging strategies. WikiFX's comprehensive evaluation assigns SPX Trade a low overall score of 1.27, reflecting substantial concerns regarding its regulatory framework and operational transparency. 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: 2026-04-29)
