**Spectra: customer reviews of the company’s work in 2023**
The path to success is smartly defined goals, as stated by the company Spectra. However, the goals of the broker and traders seem to differ. Despite the lack of feedback, it is worth refraining from registering on mxspectra.com. There are signs that this is not the most reliable broker, which we will detail in our review. Let’s consider the company’s not only legal basis for providing services, but also its commercial offer.
What information do we have about the company Spectra?
Spectra claims that their project was created with the support of the Moscow Exchange. The only version of the website is in Russian, other languages are not provided. This suggests that the company is focused on working in the CIS countries (Russia, Kazakhstan, Belarus).
The Spectra website does not provide detailed information about the organization, but there is brief statistics: 12 years in the market, 20,000 clients, and a AAA rating.
However, it is unknown who manages the brokerage company and how much these people can be trusted, as the project creators do not disclose their names to the public. In our experience, such behavior is often encountered when a mediator does not intend to comply with the terms of the contract and take responsibility.
Regulated broker or not?
The situation with the legal documentation at Spectra looks confusing. Despite claims of support from the Moscow Exchange, the broker operates contrary to the requirements of Forex Law No. 460-FZ. There is no registration, membership in SRO, a license from the Central Bank of Russia, and other supervisory authorities of the CIS countries (Kazakhstan, Belarus).
The User Agreement states that the brand belongs to the offshore company Software Payment Logic, registered in Saint Vincent and the Grenadines. However, a check with the regulator of Saint Vincent and the Grenadines yielded no results. No legal entity of the offshore state matches the company in our review.
Trading opportunities
There are no detailed tariff plans on the Spectra platform. To familiarize yourself with the commercial offer, registration is required, which may be a lure for scammers seeking to retain users.
The distinctive features of the commercial offer include over 1000 instruments for earning, ready-made trading strategies, zero commissions, the proprietary Light Spectra terminal, high-speed order execution, financial support, and the possibility of trust management for passive income.
Customer reviews
Since the project was launched less than a month ago, public reviews are currently absent. This allows scammers to attract as many users as possible.
If you have dealt with this broker or have important information about them, please share it. Reviews may be published under our expert review.
Scammers’ actions
Spectra is an offshore organization launched by anonymous scammers. However, potential victims sometimes do not realize the dangers, registering on the platform. Fraudsters deliberately conceal the entry threshold to not deter traders and manipulate the terminal, encouraging reinvestment of funds. This game continues until the trader’s financial resources are exhausted, after which their account is blocked, and fund withdrawal becomes impossible.
Conclusion
If your goal is to increase capital, turn to a more reliable broker. Spectra is not a trustworthy partner in financial matters, scammers pursue only their interests. We recommend being vigilant and not exposing your funds to risk!
I am highly dissatisfied with my experience with Spectra broker services in 2023. The customer service was extremely poor, lacking promptness and effective communication. Every time I had a query, I would be on hold for hours before speaking to someone who seemingly had no in-depth knowledge of the industry. The transaction charges were also hidden and very high, which caused a significant dent in my investment return. Furthermore, their online platform was frequently down and had technical issues that inhibited my ability to trade. It’s disheartening to see a broker so unprofessional and inefficient. I will not be recommending Spectra services to anyone in the future.