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Global Broker Regulation & Inquiry App

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SP Markets

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

https://nz.sp-investment.com/

Website

Rating Index

Contact

info@spmarkets.com
https://nz.sp-investment.com/
https://www.facebook.com/SPmarkets/?ref=aymt_homepage_panel
https://twitter.com/SPLimitedNZ

Licenses

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

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
New Zealand
Operating period
5-10 years
Company Name
SP MARKETS
Abbreviation
SP Markets
Company employee
--
Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Official website

Website

  • sp-investment.com

    Server Location

    Hong Kong

    Website Domain Name

    sp-investment.com

    Server IP

    47.52.77.116

Company Summary

Note:SP Markets's official website:https://nz.sp-investment.com/ is currently inaccessible normally.

AspectInformation
Company NameSP Markets
Registered Country/AreaNew Zeland
Founded Year2024
RegulationUnregulated
Trading PlatformMT4
Minimum Deposit$100
Market InstrumentsForex,Indices,Commodities,Stock index,Precious metal,Energy
Payment MethodComooo,Mastercard,VISA,Paypal,NetellerSkrill,Bitcoin
Customer SupportEmail:info@spmarkets.com

SP Markets Information

Established in 2024 and registered in New Zealand, SP Markets acts as an uncontrolled broker. The business provides trading on the MT4 system with a minimum $100 investment. Forex, indices, commodities, stock indices, precious metals, and energy are among the market instruments SP Markets offers. Accepted payment choices are Comooo, Mastercard, VISA, PayPal, Neteller, Skrill, and Bitcoin. Emails at info@spmarkets.com allow one to get customer assistance.

SP Markets Information

Is SP Markets Legit or a Scam?

SP Markets is an unregulated broker since it runs without government supervision. The lack of legislative protection calls potential investors great caution.

Is SP Markets Legit or a Scam?

Downsides of SP Markets

Unregulated Status: SP Markets is not regulated by any government agency. It's risky for investors because they are not protected by or supervised by any government agency.

Unable toWithdrawal: Some clients say they can't withdraw money when they get profit.They feel this platform is unrelable.

High Minimum Deposit: Users need to deposit at least $100 to start trading.It's higher than many competitors, and for many traders this requirement is hard to reach.

Market Instruments

Buyers can trade in multiple ways with SP Markets because it offers a large range of market instruments, including energy, precious metals, commodities, indices, Forex, and stock indices.

Forex: SP Markets offers access to the foreign exchange (Forex) market, where investors can sell currency pairs.

Indices: The broker allows you to trade several stock indices. This enables traders to wager on the performance of the market as a whole rather than on individual equities.

Commodities: SP Markets are used for trading commodities such as metals, energy resources, and agricultural items.

Stock Index: Stock indices are collections of individual stocks.They indicate the overall performance of the market.Buyers can sense the overall direction of the market with this kind of trading.

Precious Metals: This broker allows you to trade silver, gold, and other valuable metals. These goods are frequently purchased by traders as safe investments.

Energy:Energy assets that can be traded on SP Markets include natural gas and oil. By trading these, investors can shift in the global economy and the energy market.

Market Instruments

Minimum Deposit

When opening an account in SP Markets, users need to deposit at least $100.

Payment Methods

SP Markets accepts many payment options for both deposit and withdrawal.These include Bitcoin, Comooo, Mastercard, VISA, PayPal, Neteller, and Skrill.

Payment Methods

Negative SP Markets Reviews on WikiFX

People who want to trade on unregulated sites should carefully think about the risks involved before they start trading. WikiFx collected some comments of users traded on this platform, please take a look at our platform for more information.

There were 2 exposures on wikiFX and I will introduce them all.

Exposure.1 Website Down

Negative SP Markets Reviews on WikiFX
ClassificationWebsite Down
DateJanuary 26th,2021
Post CountryHong Kong,China

The customer claimed they couldn't take back the money.The official website of SP Markets stopped operating half a year ago.You can visit:

https://www.wikifx.com/en/comments/detail/202101267822523703.html

Exposure.2 Withdrawal Blocked

Negative SP Markets Reviews on WikiFX
ClassificationWithdrawal Blocked
DateMarch 6th,2023
Post CountryIndia

The customer said they were asked to pay an advance withdrawal charge.They had asked for customer help, but no answer. One could visit:

https://www.wikifx.com/en/comments/detail/Co202303068851491991.html

Conclusion

The company SP Markets was started in 2024 and is not registered as a broker in New Zealand. Forex, indices, commodities, stock indices, rare metals, and energy are some of the things they trade on the market. There are a lot of problems with Sp Markets, such as not having enough control, not being able to receive money, high minimum deposits, and bad customer service. It's risky to trade with this company. Customers should pick brokers who are honest and controlled well.

Keywords

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