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Home -
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Spectrum Forex -

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

Spectrum Forex

Malaysia | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.spectrumforex.com.my/

Website
Time Machine

Rating Index

Influence

Influence

C

Influence index NO.1

Macao 3.15
Surpassed 15.60% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+853 +(60) 37492 2070
admin@spectrumforex.com.my
http://www.spectrumforex.com.my/
LG2-61,Lower Ground 2, Sunway Pyramid Shopping Mall, No-3 Jalan PJS, 11/15 Bandar Sunway, 46150 Petaling Jaya, Selangor, Malaysia

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Malaysia
Operating Period
5-10 years
Company Name
Spectrum Forex
Customer Service Email Address
admin@spectrumforex.com.my
Contact Number
+85360374922070
Company Website
http://www.spectrumforex.com.my/
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
News
Wiki Q&A
Comment

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Details
Official website

Website

spectrumforex.com.my
101.99.80.47
Server Location
Malaysia
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Genealogy

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Relevant Enterprises

SPECTRUM FOREX, LLC(Washington (United States))
Deregistered
United States
Registration No. 602543988
Established 2018-11-30
Related sources Website Announcement

Company Summary

Basic Information & Regulators of Spectrum Forex

Spectrum Forex was established in 2000 and is a registered currency exchange provider in West Asia, serving the foreign exchange needs of private and corporate clients around the world.

Safety Analysis of Spectrum Forex

Spectrum Forex does not show any valid regulatory information on its website, which means that it is an unregulated trader, meaning that clients' trading activities and capital safety cannot be effectively protected. Investors should be careful to avoid the Spectrum Forex broker.

Market Instruments of Spectrum Forex

Spectrum Forex provides investors with 133 popular currency pairs, offering competitive exchange rates for traders' daily lives, such as vacations, travel, and business activities.

Summary

Spectrum Forex website does not show key trading-related information such as account type, transaction costs, etc., which shows that this is an unregulated forex broker.


Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

News

Spectrum Markets sees a 188 Percent Increase in Trading Turnover in the First Quarter of 2022

News Spectrum Markets sees a 188 Percent Increase in Trading Turnover in the First Quarter of 2022

Spectrum Markets, a supplier of securities derivatives trading services across Europe, reported a 44 percent rise in trading volume in the first three months of 2022 compared to the same period last year.

2022-04-20 11:12

Wiki Q&A

Tricia54
Within 1 year

Can I trust Spectrum Forex with my funds?

WikiFX Reply
Trusting Spectrum Forex with your funds may be risky due to the absence of regulation. Without oversight by a financial authority, there is no guarantee that your funds are protected or that the broker follows proper standards of conduct. Regulatory bodies ensure that brokers meet specific requirements designed to safeguard client assets and maintain transparency. Since Spectrum Forex lacks such oversight, traders should carefully assess their trustworthiness and the risks involved before depositing funds.
Broker Issues
Spectrum Forex
Regulation
08-27
United States
Ashraf Shahhat
Within 1 year

What are the cons of using Spectrum Forex?

WikiFX Reply
The main disadvantage of using Spectrum Forex is its unregulated status. This exposes traders to higher risks, as unregulated brokers are not subject to the same oversight or investor protection standards as regulated brokers. Moreover, the website does not provide sufficient details on important trading aspects like account types, fees, and transaction costs, leaving traders uncertain about the total cost of their trades. Additionally, Spectrum Forex does not offer forex trading platforms like MT4 or MT5, which are commonly used for advanced technical analysis and automated trading strategies.
Broker Issues
Spectrum Forex
Regulation
08-21
United States
Tomas
Within 1 year

Is Spectrum Forex a legit broker?

WikiFX Reply
Spectrum Forex, despite being in operation since 2000, lacks regulation, which makes it a risky choice for many traders. A legitimate broker is typically regulated by financial authorities such as the FCA, ASIC, or CySEC, which ensures that the broker follows strict rules to protect clients. Since Spectrum Forex does not display any regulatory information on its website, it cannot be considered a completely legit or secure broker. While it might provide some services to traders, the absence of regulation means that there is no assurance regarding the safety of clients’ funds or fair treatment in case of disputes.
Broker Issues
Spectrum Forex
Regulation
07-10
United States
Tom Nalichowski
Within 1 year

What are the advantages of trading with Spectrum Forex?

WikiFX Reply
One advantage of trading with Spectrum Forex is the variety of 133 currency pairs it offers, catering to traders who need competitive exchange rates for personal and business-related foreign exchange activities. The company has been operating since 2000, giving it years of experience in the industry. However, the key benefit is overshadowed by its lack of regulation, which can expose traders to various risks, such as the absence of a legal framework to resolve disputes or protect client funds.
Broker Issues
Spectrum Forex
Regulation
07-07
United States
View More

User Reviews 1

All (1) Neutral (1)
俊-Judy
6-10 years
Neutral
When I open the Spectrum Forex official website, it shows that I need to enter the account number and password... What's the situation? Can't I check their official website? But I think maybe it's because the company's website is going out of business. I hope the scammers can go out of business soon.
2023-03-14

Singapore
No more
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