The traders can have transparency about what is happening to their money in this way! While the majority of platforms profit from client losses, Spectre.ai generates money when there is a lot of trading taking place on its platform. As a result, you can anticipate Spectre.ai to be a platform free from fraud and brokers.
- Spectre.ai (short for “Speculative Tokenized Trading Exchange”) is a revolutionary broker that breaks away from traditional financial institutions by operating entirely on Ethereum-based smart contracts.
- Several free options outperform their paid counterparts in specific use cases.
- One of the things that we really like about this particular piece of trading software is that it allows for a really wide range of trading choices.
- The combination of zero regulation, anonymous management, offshore incorporation, and a track record of suspicious behavior suggests that this platform may not have traders’ best interests at heart.
The most common non-trading fees include Spectre Ai withdrawal fees, Spectre Ai deposit fees and Spectre Ai inactivity fees. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds. The majority of Spectre Ai trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. There may be some fees when transfering money to and from your Spectre Ai account charged by your 3rd party payment provider if your Spectre Ai base currency is different from your Spectre Ai withdrawal method. Spectre Ai offers stock quotes and trade information, making it easy for users to view how their investments are doing. Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method.
For binary options, a small selection of nine crypto pairs, as well as gold & silver is available to trade on. Among other things, the SXUT token entitles holders to certain privileges on the trading platform, such as higher potential payouts and access to more trading assets. Binary options company offers the following underlying assets for trading. The combination of zero regulation, anonymous management, offshore incorporation, and a track record of suspicious behavior suggests that this platform may not have traders’ best interests at heart.
You can set daily stop-loss, daily win-stop, stop-out time, streak count and streak timeout, maximum allocation per trade, maximum number of trades, minimum payout rate, and maximum drawdown per day/week/month. However, currently, Spectre.AI offers only binary options (smart options) in 30 Forex pairs (including gold and silver), and 19 cryptocurrency pairs (Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Monero, and Ripple). The minimum deposit size when transferring funds into the exchange’s escrow wallet is 0.1 ETH. Spectre.AI allows traders to work both with deposits and without deposits. SXUT are utility tokens; owning them provides benefits inside the trading platform. While SXDT tokens are not very interesting to common traders as they are simple dividend tokens, the SXUT can be useful to binary traders.
Avoid Spectre.ai and its new company Phoenixapp.io
Fully automated trading makes more sense once you’ve thoroughly tested a strategy, understand its limitations, and can afford the risks of hands-off trading. Paid platforms typically work best with accounts of $10,000+ since the subscription costs become a smaller percentage of potential gains. There’s no single «best» AI trading bot – the right choice depends on your trading style, account size, and how much automation you want.
With the exception of having virtual funds to trade with, the demo account functions exactly like the real account. Traders who insist on intraday trades should also have the patience to let the market develop. This trading option is perhaps best suited for investors who have some prior knowledge of binary options trading.
You pay for every business, and the liquidity pool incurs gas for the trade settlement. You must complete on-site KYC (under 5 minutes) before you can start trading. No KYC is required for this type of account. Because it instantly instills trust among users. Now, the entire trading industry is changing because of Blockchain. Forex trading, cryptocurrencies, etc. are also in the target list of opportunities for the developers of this resource.
In a wide range of assets there are both options and CFDs, a variety of unique types of contracts. Decentralization of the platform allows avoiding the problem of conflict of interest. The tokens, which can be owned by each of them, are traded on all cryptocurrency exchanges. Therefore, they regularly receive a part of the platform profit. In trading, all transactions are regulated by smart contracts.
Spectre Ai Account Fees
They’re simply software tools that help automate trading decisions. Yes, AI trading bots are legal for retail investors to use. The best approach is to test a few platforms and evaluate which one aligns with your investment goals. Several free options outperform their paid counterparts in specific use cases.
Support for direct trading from client accounts is an additional advantage offered by the platform and guarantees the safety of users’ funds. In 2018 the website spectre.ai was launched into normal operation with live accounts for trading of binary options and other assets with many functions. The use of Spectre.ai for binary options trading by traders from the countries listed below is prohibited.
MarketPlays – Best for Building Around Your Interests
It offers a sense of security by ensuring that I don’t lose the entire investment when my trades don’t go as planned. I am an HFT options trader on Spectre, I find the capital protection feature on the platform to be a practical tool. The second option is to use the company’s regular trading account, which is essentially an escrowed Ethereum wallet. Like most other modern trading platforms, Spectre.Ai’s only trading platform is web-based. Meanwhile, the company offers more than 20 forex pairs as part of its traditional forex trading offering, covering all major and many of the minor FX pairs.
Are AI trading bots legal?
Recently joined Spectre because this broker is offering something different from the norm in the FX market. The platform where I was trading digital contracts before now was very poor with communication, and many of my requests and questions were unanswered. If the team continues their hard work on the platform’s original objectives, this will undoubtedly make Spectre.AI one of the worthiest binary option outlets. It also lacks some of the deal-killer disadvantages of traditional brokers.
Quite secure platform because of own…
Additionally, a $10 minimum Spectre.ai Broker Review deposit is required if you choose a standard account. After that, you can transfer the money from your Ether wallet to your digital wallet. Then, you can trade on the platform using your crypto assets without a middleman’s intervention.
- But while this innovative concept has its merits, does the broker deliver the best possible experience for every type of trader in 2025?
- There are safer and more transparent alternatives on the market, such as IQ Option, Quotex or Olymp Trade.
- Traders can also view their current open trade positions, along with their expired positions and respective outcomes.
Trader Training
The platform supports trading digital contracts on assets like forex pairs, cryptocurrencies, commodities, stocks, and even synthetic markets, offering 24/7 availability. It allows me to exit my trades before potential market reversals, which helps me manage my risks effectively. Spectre.ai – The world’s first broker-less financial trading platform. The world’s first decentralized trading platform which runs on Blockchain The Wallet account is the fully decentralized, broker-less trading option. Spectre AI immediately recognized Blockchain’s potential and constructed a trading options platform.
The alpha version of the trading platform has been also available since September 2017. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. Feedback shows that traders are more than satisfied with the business model, love the user-friendly, fast and professional UI and feel safe trading. As Spectre makes its money on the volumes traded through the platform, so, in essence, the trade outcome is irrelevant to them. This education course, is structured in a way to help traders improve their skills in trade setups and risk management. Spectre conducts a highly transparent operation with no hidden fees or charges for the traders to bear.
You can sign up for a live or demo Spectre Ai trading account by visiting
In our personal opinion, we think that the Spectre.AI system is currently the number one trading tool in the world. Yes, this does mean that you need to have bought Ethereum and have an Ethereum wallet to use Spectre.AI software. Therefore, there is not a single chance that you can be robbed by a broker. While this might be a little hard to understand at first, the takeaway here is that there is absolutely no broker involved. Without a shadow of a doubt, the best aspect of Spectre.AI software is the fact that there is literally zero chance of you being scammed by a broker.
No conserns, it’s possible to add external eth wallet to avoid problems, % is still quite big and stable, recommend. In this way I am able to make quite solid profits with this broker. For BTC it can go up to 90% during time of very high volatility. I am very satisfied with payouts that I receive from this broker. I am trading here BTC, since this coin has good volatility. I use bollinger bands which are easily accessible on the platform.
In this way I am able to have my profits directly on my wallet all the time. I enter into trades by only clicking up or down. Two key features for me here are the ease of executing trades and the active support. The pricing here is also very transparent; the platform does not reduce my money unnecessarily, and the charges are low cost. I would recommend using this feature to traders who want to keep track of goals, & performance. I like that I can deposit using my Sticpay account