Spectre is it a scam? Reviews about the broker

These token holders receive dividends based on Spectre’s trading volume. To test it out, just head over to Spectre’s homepage and try the alpha version for yourself. The decentralized liquidity pool and tokenized balance sheets will be developed soon after the end of the token sale. While the buy-back program is not a revolutionary concept, it does present a benefit to token holders. By intentionally removing the excess supply of tokens in the market, this increases the value of the tokens as supply is now lower.

Furthermore, the use of blockchain technology allows all the trades to be audited in real-time and verified to provide unprecedented levels of transparency to the trading platform. It is really important to emphasize here that it is this that ensures the total transparency and complete safety of funds that Spectre like to shout about. The website spectre.ai works on the basis of blockchain technology to records of available transactions. Using a unique crowdsourcing technology, traders can trade directly against the Spectre liquidity pool or against other traders directly. The platform has a set of available contracts, the security of which is provided by the auditors of the platform. In addition, the use of blockchain technology in the project offers a connection to the global pool of traders and saves overall transaction time.

In my opinion there very good trading conditions for high frequency trading with this broker. For major forex pairs I have here minimum 30%, but it can go up to 90%. Thanks to the single account, you get access to a variety of trading assets.

spectre trading platform

Get access to news, charts, quotes, research, watchlists, option chains, positions, and account information. Easily enter orders, including single leg or multi-leg option trades. FINMAX consists a team of financial market professionals assembled specifically in order to provide the best possible trading conditions to its customers.

Withdrawals are super easy if you are using a stand-alone wallet. While there is no requirement for minimum deposits, the minimum trade value is $50. You trade $50, and if you win, the winnings are returned straight back to you. In the case of Muslim customers, special Islamic accounts, that is swap-free accounts, are offered that mirror the other account types, but which operate in accordance with Shariah law. Why is that none of the crypto prices do not look the same as other crypto exchanges.

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. In order to start trading on the platform users will have to sign up and complete a simplified mandatory KYC verification process.

This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable. If there is a choice, the trader should keep in mind what he would like to trade and find the platform that suits his needs best. Since you don’t need to deposit funds with Spectre.ai, there is no welcome bonus. They do not use the usual incentives to entice you to trade with them. You pay the gas cost for every trade and the pay-outs when trading from a Wallet account are usually less than that of a Regular account. Start with a tailored template for your projects and tasks, and build the workflow and process you need with the tools at your fingertips.

Spectre quotations

Candlestick charts with on-chart technical analysis indicators and tools allow you to conduct manual technical analysis directly on the trading charts. The charts are easy to switch and navigate, and the user interface is fast and responsive. trading systems and methods The Spectre.ai platform works on a fee system, there are no commissions, and spreads are much tighter than what you will find with most other brokers. For example, the average spread for the EUR/USD with Spectre.ai is less than 6 pips.

spectre trading platform

You will also get to know client testimonials from users. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It is not clear whether Spectre.ai does offer any specific educational content to new traders. Before starting to trade, potential Spectre.ai clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading. In general, a so-called “offshore” broker tends to have a less favorable reputation and potential traders should think carefully before investing with them. Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Spectre ai Review

You get to trade 24/7 and ability to trade in any international market. In addition, these accounts come with onboard risk management settings. Ethereum is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. Execution-only brokers, which do not involve in personal investment advice and give traders complete control over how they trade the markets, usually charge lower commissions. The Olymp Trade company has been one of the leading online brokers since 2014.

The user can do this via Ethereum, Visa, Mastercard and bank transfers. The project provides a training account to its users on the website spectre.ai for free. When registering it is automatically given to the client with a capital of 100 ETH.

As you would expect, this includes the usual currency pairs and popular commodities/metals such as gold and silver, using live spot prices, but that is where any similarities to other trading platforms ends. A Blockchain-based trading platform, Spectre.ai requires no minimum deposit, which makes it affordable. Instead, you have to use the extensive features to take full advantage of the market.

These are the standard immediate trades when you make the trade and enter it straight away and then there is the pending order trade. What this means is that you enter the trade at a specified pre-defined rate. When the trade reaches that price, your trade begins and then it will place the order in the direction that you choose.

Trade Features And Payouts

Spectre.ai sees itself as a tech provider with the liquidity of the trades provided by the initial investors. While there is no broker as such, there is customer support, so while you are trading directly on the markets, you can get help when you need it. Open up the chat box in the bottom right-hand corner of the screen to start your chat. Created and operated by St Vincent and the Grenadines based Spectre Trading Limited, the SPECTRE platform is easy to use and can be accessed over a browser or through its mobile application for Android phones. The platform is available in multiple languages including English, Indonesian, Vietnamese, Japanese and Chinese, with more to be added soon. One of the tokens pays out dividends and is known as the SPEC-D token.

Wilmer takes comfort with the platform knowing that there are several ways to withdraw funds. For flexibility purposes, she recommends traders start trading with a minimum deposit of $100. It is interesting to know that the platform does not require depositing into its account before I start to trade, which is unlike the normal way that brokers operate.

Mobile Trading

Spectre.ai is a broker-less platform where traders get to trade binary options directly against the financial markets on a choice of assets. In a break with tradition, they also don’t require a deposit, meaning that you can trade directly from your digital wallet without the need for opening an account with a minimum amount of funds. Based in The Cayman Islands, they offer their services worldwide. However, things are now changing, thanks to SPECTRE and its use of blockchain technology to create a broker-less trading platform.

Favorable for short term trades

Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility that enables traders to get a larger exposure to the market than the amount they deposited to open a trade, is called leverage. As another option, a minimum of 0.10 ether , which is about $21.00 or 18.00 euro, can be deposited to a privately escrowed Ethereum wallet. The trades are confirmed through the Blockchain, so there is still no opportunity for funds to be manipulated. ​No matter where you are, you can conveniently access eOption’s innovative and trader-friendly platform.

Profit on such an exchange can be obtained only in case of client losses. It is clear that in the case of decentralized stock exchanges the situation is quite different. When a speculator opens a trade for a certain period, the value of the traded assets is updated live.

Wallet Account

A set of proven and secure smart contracts based on blockchain provides 100% trading transparency, payment security and no fraud here. Speculators earn according to the amount of money they invest in trading. The platform profits only from the volume of transactions made by all its participants. There are many times when forex traders know the direction that a market will go but do not know to what extent it will go. With the spectre platform, all I do is to predict through my analysis if the market will finish above the execution point or below my execution point. With spectre, the trading result is obtained at the time set by the trader, which could be as low as some seconds and as high as a day depending on the analysis carried out.

Spectre has a broad range of asset classes and it makes it easy for me to spread my trades across them. The platform has currencies, stocks also known as reverse futures, ETFs, indices, Epic, cryptocurrencies, equities. It is also possible to set my risk frequency on the platform.

Spectre is the first trading platform without brokers, that allows clients to interact directly with financial markets. The project provides users with access to a variety of trading markets, including binary options and CFD contracts. Thus, the user gets daily access only to the already verified transactions in the market. Spectre.ai is a blockchain-based financial trading platform that allows users to trade a variety of digital currencies and other assets. Traders can choose an off-site trading account option and never directly deposit their funds.

Trade Payout Percentages Profitability Percentages

In addition, members can access Spectre AI via free downloads on the website. Finally, you can also decide to trade using the web version. Ana Caterina Talbot states she was able to register without any problems. Others praise the platform for accurate, fast order execution that allows the right entrance into the market. You need to understand the contest rules to start investing and have high trading volumes.

Now, when there is some more activity on the market, payouts can be as high as 70-80%. My preferable option with this broker is ability to connect my eth wallet directly with my trading account. In this way I am able to skip boring ayondo review procedures regarding funds transfers and have my coins immediately on my wallet. I personally like that there’s their own shop where I order quite much item for less spread and higher payouts for trading forex during the news.

As well as removing the middleman, it also ensures fewer transaction fees. Finding a reputable Spectre.ai review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

As Spectre makes its money on the volumes traded through the platform, so, in essence, the trade outcome is irrelevant to them. Every user is strictly KYC’d and passes appropriate AML checks. Spectre conducts a highly transparent operation with no hidden fees or charges for the traders to bear.

With a one-of-a-kind trading interface built in-house, the Spectre interface is based on dynamic graphs, which show the current moving asset prices in real time. The price feed utilized by the Spectre.ai Digital Contracts trading platform comes from two reliable and trusted sources that are frequently audited. Spectre.ai themselves spectre ai have no control over the actual price so that’s yet another potential problem taken out of the process. Called Trader’s Bay, wherein users can “buy” upgrades such as higher payouts, larger trade sizes, more concurrent open positions and much more. Minimum deposit starts from just $10 and trade size requirement is as low as $1.

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