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Please verify SpecFX's regulation.
Myria McShane
克羅地亞
2025-11-06
ANSWER Dear Investor, SpecFX currently claims to be the trading name of Spec Capitals Ltd, which is authorised by the Financial Services Commission (FSC) in Mauritius under licence number GB252045999. Upon investigation, we verified that the company is currently licensed by the Mauritius FSC. Additionally, SpecFX claims to be regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under the name XInvestment (Pty) Ltd. A search of the FSCA's website confirms that this company is listed as a licensee. However, please note that both the Mauritius FSC and the FSCA are considered offshore regulators with relatively lenient oversight and limited investor protection. Therefore, even though SpecFX appears to be in regulatory compliance, we recommend that you exercise caution when dealing with any regulated broker. Be sure to conduct thorough due diligence before deciding to invest.
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Has anyone heard of the trading platform called SpecFX?
Emil Atanasov
烏茲別克斯坦
2025-06-27
ANSWER Dear Investor, Investors should be aware that SpecFX does not hold a legitimate broker licence, which may pose a risk on trading with it. SpecFX is a company incorporated in Saint Lucia and claims to be registered with the Saint Lucia International Financial Centre (IFC). While its name is indeed listed as an International Business Company (IBC), investors should be aware that Saint Lucia does not license forex trading activities. This means SpecFX operates without proper regulatory oversight. The platform does not hold a legitimate broker licence, and its website provides minimal verifiable information—raising concerns about transparency and potential risks. Given these red flags, investors are strongly advised to exercise caution and avoid engaging with SpecFX.
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