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SpartanForex, is this website legit?
Guy Ferri-Ricchi
法国
2026-01-28
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
乌拉圭
2022-05-25
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
拉脱维亚
2022-01-16
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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