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SpartanForex, is this website legit?
Guy Ferri-Ricchi
France
Jan 28, 2026
ANSWER Dear Investor, SpartanForex appears to be a suspicious and likely unregulated platform, and we strongly advise you to avoid it. The website provides no regulatory disclosures or trading license information. In our past reviews, SpartanForex claimed to operate as a trading name of Spartan Capital Markets Limited, registered in Saint Vincent and the Grenadines. However, we’ve now found that this registration with the Financial Services Authority (FSA) of SVG has been cancelled, raising serious doubts about the company’s legitimacy, and suggesting it may be changing its registration status to avoid scrutiny. Given the lack of valid regulation, SpartanForex shows clear signs of being a fraudulent or high-risk operation. We strongly recommend that you do not deposit funds or trade with this platform.
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What is SpartanForex best safety feature that I should know?
Miracle
Uruguay
May 25, 2022
ANSWER SpartanForex is a trading name of Spartan Capital Markets Limited, a company registered in the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) that provides retail and institutional Foreign Exchange services to investors trading Forex, Commodities, and other tradable instruments as part of their investment portfolio. However, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. For more details about this broker, you can check our full SpartanForex review.We keep on reminding traders to be wary of offshore brokers in SVG as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Does SpartanForex regulated by VFSC? I want to make sure my money is guaranteed.
ALPIPO
Latvia
Jan 16, 2022
ANSWER SpartanForex is not regulated by any financial authorities and should be avoided at all events. On Jun 28, 2021, BrokersView has reviewed that SpartanForex is an scam forex broker, falsely claiming to be regulated by the Vanuatu Financial Services Commission (VFSC). But going through its website this time, we found SpartanForex has changed its words. In the second and third line of "About SpartanForex" section, this broker tries to deceive traders into trusting it by claiming its regulation by U.S. National Futures Association (NFA) with exemption id 0461397. However, it turned out to be nothing but fake as this company is not an approved member of NFA and doesn't comply with NFA oversight. Our final verdict is that SpartanForex is not authorised by any financial regulator, therefore is not subject to necessary and strict laws and principles of operation, resulting in a high risk to trade with it. We advise you to stay away from this broker and any other unregulated brokerages and choose properly regulated brokers.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.