Score
SPTORO
United States|2-5 years| https://www.sptoro.com
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Israel 2.49Surpassed 14.60% brokers
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+41 225017638
Other ways of contact
Broker Information
More
SPT Media LLC
SPTORO
United States
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Users who viewed SPTORO also viewed..
XM
IC Markets Global
Exness
EC Markets
SPTORO · Company Summary
Note: SPTORO's official website: https://www.sptoro.com is currently inaccessible normal.
| SPTOROReview Summary | |
| Founded | / |
| Registered Country/Region | St. Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex, Indices, Commodities, Stocks, Cryptocurrency |
| Demo Account | / |
| Leverage | / |
| EUR/USD Spread | 2.6 pips (Bronze account) |
| Trading Platform | Sirix platform |
| Min Deposit | $50 |
| Customer Support | Tel: +41225017638 |
| Email: support@sptoro.com | |
SpToro is an online broker, owned and operated by SPT Media LLC registered in St. Vincent and the Grenadines, which itself is a problem. It‘s an offshore jurisdiction that loosely regulates the financial sector and doesn’t even license the brokers operating there.
As a result, the FX business is entirely unregulated and pose risks for traders and investors. The Spanish financial authority CNMV recently scrutinised SpToro and issued a warning against them. Your funds are in danger because this broker is an exposed scam.
Pros & Cons
| Pros | Cons |
| Various market offerings | Lack of regulation |
| Multiple account types | Unfunctional website |
| Low minimum deposit | Wide spreads |
| No MT4/5 |
Is SPTORO Legit?
SPTORO is entirely unregulated and poses risks for traders and investors.
What Can I Trade on SPTORO?
| Trading Asset | Available |
| forex | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type
SPTORO offers four account types, namely Bronze, Gold, Platinum, and Diamond account, with minimum deposit requirement of 50 USD. In any case, as this is not a legit broker, traders should not trade with it.
Spread and Commission
SpToro offers quite a few trading accounts, with spreads and commissions in varying from different accounts.
| Account Type | EUR/USD Spread | Commission (World Indices, Equities US & Equities Asia) |
| Bronze | 2.6 pips | 15 USD per lot |
| Gold | 1.2 pips | 13 USD per lot |
| Platinum | 0.7 pips | 11 USD per lot |
| Diamond | 0.2 pips | 9 USD Per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Sirix platform | ✔ | PC, Mobile, Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
SPToro does seem to only accept credit cards, but many other convenient payments like wire transfer, Skrill, Neteller, PayPal are not available.
Review 5
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now