Sarpec: broker reviews in 2022

Information about Sarpec: under analysis

Scammers like Sarpec seek to attract the attention of newcomers using various tricks – embellishing their experience, promising cutting-edge technologies and favorable conditions. However, reviews from actual clients indicate deception. In this review, we will learn about the company’s operations and trading conditions in detail.

About Sarpec

Sarpec emphasizes the number of accounts and trading volumes on their platform in their information. However, there is no information about their long-term activities. Research on the domain sarpec.com shows its registration in 2014, but the previous owner was a Finnish company specializing in construction.

A new domain appeared in September 2022, presumably marking the start of the pseudo-broker’s operations.

Sarpec’s contact details include only an email address and a phone number. However, the email address turned out to be fake, creating difficulties for communication with the company.

The company’s phone number is associated with the CRYPTOMINTAGE exchange, which means limited communication options for clients.

Accredited broker or not?

Sarpec does not provide legal documents, nor disclose its legal address, raising doubts about their legality. User reviews reflect the opinion of the company as a fraudulent project operating solely online.

The absence of licenses from financial market regulators and the unreliability of information make traders vulnerable to Sarpec.

Trading conditions

  • 150+ assets for trading
  • Funds storage in segregated accounts
  • 24/5 multilingual technical support
  • Utilization of ECN technologies
  • Payment options (Visa/MasterCard, bank transfer, cryptocurrency)
  • Low spreads
  • Demo account for practice

Alongside trading opportunities, Sarpec offers consulting, assistance in forming an investment portfolio, and a referral program.

Real clients’ perspective

Reviews about Sarpec mainly caution against collaborating with the company due to its fraudulent activities.

In conclusion, it can be said that Sarpec is not recommended for investment, as there are significant risks of losing funds without the possibility of recovery.