SpartanForex

LoukiaCharilaou

1-2 anni

What platforms does SpartanForex offer?

WikiFX Rispondi

SpartanForex offers the Spartan Oracle platform, which is web-based and doesn’t require installation, making it easy to access from any device. While I appreciate the web-based platform, I personally prefer MetaTrader 5 (MT5), which is also supported by SpartanForex. MT5 offers advanced charting tools, automated trading, and Expert Advisors (EAs) that I use in my day-to-day trading. If you’re looking for a powerful platform with more advanced features, I’d recommend MT5 over the web-based Spartan Oracle.

Broker Issues

SpartanForex

Instruments

Account

Platform

Leverage

07-16

Stati Uniti

Abu00saeed

1-2 anni

What account types does SpartanForex offer?

WikiFX Rispondi

SpartanForex offers several account types: Micro, Standard, ECN, and VIP accounts. For new traders, the Micro account with a $500 minimum deposit is a good starting point. If you’re a more experienced trader looking for tight spreads and low commissions, the ECN account with $1,000 is the best option. For traders with a larger capital base, the VIP account with a $5,000 minimum deposit offers the most benefits.

Broker Issues

SpartanForex

Instruments

Platform

Leverage

Account

06-27

Stati Uniti

Prash_007

1-2 anni

Is SpartanForex a legitimate broker?

WikiFX Rispondi

Given that SpartanForex lacks regulation, I would hesitate to label it as a fully legitimate broker. While it does provide access to diverse markets and offers useful tools like MT5, the lack of regulatory oversight poses a significant risk for traders. Without proper regulation from entities like the FCA, ASIC, or CySEC, there's no guarantee that SpartanForex adheres to industry standards. Personally, I think it’s a high-risk broker and not suitable for those who prioritize security and transparency.

Broker Issues

SpartanForex

Regulation

06-06

Stati Uniti

Darren Ross

1-2 anni

How competitive are SpartanForex’s trading fees?

WikiFX Rispondi

Spreads starting from 0.4 pips for Micro and Standard accounts are quite reasonable compared to other brokers I’ve traded with. However, the ECN accounts offer raw spreads starting at 0.0 pips, but the $10 commission per lot makes it more suitable for high-volume traders. For someone like me who doesn’t trade often, I’d likely prefer the Micro account due to its lower fees and no commissions.

Broker Issues

SpartanForex

Fees and Spreads

05-31

Stati Uniti