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SPIDER Forex

SPIDER Forex

Country:
Saint Vincent And The Grenadines
Saint Vincent And The Grenadines
Regulated time: 1 - 5 years
Saint Vincent And The Grenadines https://mercados.com

Score

1.5
Full name
SPIDER Forex
Instruments
Forex, Indicies, Stock, Commodities, Metals, Cryptocurrencies
Trading platform
MT5, Webtrader
Supervision status
Supervisionstatus
Support email
[email protected]
Hotline
License score
0.00
Risk-control score
9.00
Management score
2.00
Business score
1.00
Software score
5.00
Introduce
License
Complaints

SPIDER Forex (spiderforex.com) is an international Forex and CFD broker reportedly registered in St. Vincent and the Grenadines (SVG), established around 2021–2022. The broker offers the MetaTrader 5 (MT5) platform for desktop and mobile, allowing trading on forex, indices, commodities, metals, stocks, and cryptocurrencies via CFDs. SPIDER Forex advertises leverage up to 1:500, spreads from 1.2 pips, minimum deposit of 100 USD, and supports funding/withdrawal via bank transfer, card, and crypto (USDT, BTC).

However, SPIDER Forex is not licensed by any reputable financial regulator (FCA, ASIC, CySEC, etc.), and SVG is an offshore jurisdiction with no oversight. Multiple online warnings indicate withdrawal issues, account blocks when users make profits, and poor customer support. Some traders report being pressured to deposit more, unprofessional service, and no response to disputes.