Spectre AI Commission or Brokerage Charges – Review, Plans, FAQs & moreLast Updated Date: Nov 17, 2022
Know everything about Spectre AI Commission or Brokerage Charges here. Spectre AI is an international Forex and blockchain-based broker.
It is registered to a commercial company that started all its trading activities and investments under the regulation of spectator trading limited in 2018.
The company has its headquarters in Griffith Corporate Center in St Vincent and the Grenadines. This company promises the broker less trading, thus there is no issue during the withdrawal process.
Company uses crowdsourcing technology for all kinds of trading activities and also requires no minimum deposit during trading.
In this article, you will find out all details.
Spectre AI Commission or Brokerage Charges
The company provides limited products and services and only focuses on specific areas of investment.
So in this part of the article, we would be discussing the pricing structure and other key concepts.
- The company charges a reasonable Spectre AI fee for all the spreads. The company at times even offers spread free financial assets to some of the clients.
- The average pricing of the two most important forex pairs which is EUR/USD and GBP/USD is 0.58 pips and 0.9 pips respectively.
- Whenever you are trading with Spectre AI the win rates are comparatively higher. Therefore it is much easier to gain profits with the company. The binary options payouts are also low than most of the companies.
- The company also promises that it won’t be charging an inactivity fee or any commission charges.
- The leverage charge is mostly unavailable on most of the assets other than Forex where the leverage is up to 40x.
- For the traders who are trading using minimum capital, the number and the size of positions might be limited so as to safeguard their profit.
- At specific times all the year, the company conduct trading tournaments with prices up to $50,000. This is a good way to earn a lot of money and also earn a lot of experience from expert traders.
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Types of Spectre AI Commission Plans
|Types of Commission Plans|
|Account Type||Demo Account||Regular Account|
The company does not offer a variety of accounts with different benefits depending on the size of your deposit as there is no minimum deposit for opening an account with Spectre AI.
The company offers two types of accounts one is the demo account and another one is a regular account.
A minimum initial deposit required for the demo account and regular account is $10 which is quite less as compared to the other brokers.
The spread charges are quite low when compared to the other trading firms. For more details on the spread charges on different accounts, you must contact the executives at Spectre AI.
As the company promises a broker less trading experience, therefore, there is no Spectre AI Commission. The leverage charge is 1:30.
The traders who have registered themselves with the company are allowed to trade directly from their cryptocurrency wallet.
This simply means that the traders are allowed to use cryptocurrency tokens such as Bitcoins or Ethereum.
As the middleman has been removed, the transactions are instantly processed without any extra Spectre AI brokerage.
Spectre AI Account Opening Process
You can simply open a trading account with Spectre AI and the steps necessary to open a trading account has been stated below. The process of opening a trading account Spectre AI is pretty fast and the whole process can be completed within a matter of 15 minutes. Go through the steps below.
- In the first step, you have to visit the official website of the Spectre AI account. When you click on the button, a new page will open.
- On this page, an application form will open where you have to fill out all the necessary details that have been asked.
- After successfully filling out the details, click on submit.
- After submission, you will be redirected to the KYC page where you have to verify yourself by uploading a scanned copy of a government authorized identity card.
- Then, after successful verification, the login credentials would be sent to your email address or phone number.
- Using the login credentials, you can log in to your trading account via the web browser or trading platform or mobile application of the company.
- Now you can simply start trading.
Spectre AI Payment or Withdrawal Methods
|Deposit Options||FasaPay, Neteller, Paysafecard, Skrill, Visa, Wire Transfer|
|Withdrawal Options||FasaPay, Neteller, Paysafecard, Skrill, Visa, Wire Transfer|
Trading means the investment or utilization of funds to gain profits from various investments and places. So to invest funds you need to deposit funds into your trading account.
The company allows all types of deposit methods.
Some of the common deposit and we don’t methods that are allowed by the company are FasaPay, Neteller, Paysafecard, Skrill, Visa, Wire Transfer.
You can also trade using cryptocurrencies such as Bitcoin or Ethereum directly from your crypto wallet.
The company does not charge any withdrawal fees whenever you’re trying to withdraw any amount of profit into your trading account.
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Spectre AI Investment Assets
|Supported Cryptocoins||Crypto Digital Contracts and CFDs|
|Total Tradable Assets||NA|
|Number Of Currency Pairs||NA|
|Number Of Cryptocurrencies||2|
|Number Of Stocks||NA|
|Number Of Indices||NA|
|Number Of Commodities||3|
|Number Of Futures||2|
|Number Of Options||NA|
|Number Of Bonds||NA|
|Number Of ETFs||NA|
The traders who have registered themselves with Spectre AI are allowed to trade in commodities and cryptocurrency trading.
The commodities that the traders can trade in are gold, oil and precious metals.
The Traders are allowed to invest using cryptocurrencies such as Bitcoin and Ethereum.
The traders are also allowed to invest in FUTURE trading.
The supported crypto coins are Crypto Digital Contract and CFD. Several cryptocurrencies that are supported are 2, the number of commodities that can be traded is 3 and the number of FUTURE assets that can be traded is 2.
Spectre AI Company Details
In 2017, the trading firm welcomed all the investors to participate in its innovative Initial Coin Offering.
After a successful opening, the broker became quite popular among the Asian trading community and now is acquiring the markets in Europe and other places.
The trading firm has become widely popular due to its innovative approach to online investment and trading.
The whole operating system of Spectre AI is centralized around a Decentralized Autonomous Liquidity Pool(DALP) which has been built into the Ethereum blockchain network.
This advanced autonomous system automatically matches all the latest orders against the order book. If the system finds no opposing trade, all the trades are filed against the DALP.
As the company offers a broker less system, the farm does not hold any customer deposits or withdrawals in the traditional sense.
Instead of holding back the profits, whenever you gain something the money is directly transferred to your eWallet, thereby providing a fast and secure way to trade online.
Some of the exclusive benefits are:
- The minimum deposit is $0
- The spreading charge is pretty low that is 0.0 pips on popular currency pairs.
- The company provides a trading platform and a trading mobile application along with the website.
- The traders who have registered themselves with a company can open a trading account directly from the electronic wallet without transferring any kind of funds into the broker’s account.
- The traders have the benefit of using API connection to increase the speed of received data.
- The company supports cryptocurrency trading.
- There is no transaction limit.
- Addition and withdrawal of funds, getting in touch with technical support, changing your data can be made directly from any of the trading applications developed by the company.
Spectre AI Commission – Conclusion
Spectre AI is popular forex and blockchain-based trader that also allows the Trader to trade using cryptocurrencies.
The company promises the broker less trading experience, thus there is no delay in the payment of profits or withdrawals and there are no extra Spectre AI Commission charges.
The company also promises security and transparency to all its clients who are investing with the company.
Company promises minimum commission and leverage charges thus making it one of the most preferred companies both for experts and beginner level traders.
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Spectre AI Charges or Fees – FAQs
Here is the list of FAQs related to the Spectre AI Brokerage Charges & Fees:
Does Spectre AI charge commission?
There are no specific commission charges charged by the trading firm. The firm does not have any brokers in between.
How much does Spectre AI charge brokerage?
Spectre AI has two types of accounts. Spectre Ii brokerage charge varies depending on the type of trading account or the commodity or asset on which you are trading.
For more details on the charge, you may contact customer care.
What is the Minimum Deposit required in Spectre AI?
There is no minimum deposit required whenever you are trading with this trading firm.
However, there is a minimum deposit for the regular account which is $10. The traders are also allowed to trade using cryptocurrency.
How much leverage does Spectre AI provide?
The leverage is the amount charged by the company whenever a trader trades on something via the company’s trading platform or website or trading application.
The leverage charge Varies on the commodity in which you are trading.
How much is Spread at Spectre AI?
The spread charge is as low as 0.0 pips thus making it one of the most favoured trading companies.
What type of Commission Plans available in Spectre AI?
The Trading Company mainly has two types of trading accounts.
One is the demo account and another is the regular account. The traders can trade using cryptocurrency via a crypto wallet.
Does Spectre AI provide Cryptocurrency for Investment?
Yes, like some of the other trading firms, Spectre AI also allows investing using cryptocurrencies.
Bitcoin and Ethereum are allowed to be traded on this platform.
Is Spectre AI a legit Forex Broker?
The company is a legit forex broker and has customers from all over Asia.
The company is now slowly establishing itself in Europe and other parts of the world.
In terms of security, the company uses an in-house trading platform thus they do not need to share any information with any third-party application.
Can I invest in Spectre AI for $5?
There is no minimum investment whenever you are trading with Spectre AI.
However, there is a minimum deposit charge if you are opting for a regular account which is favoured by professional traders.
Are there any hidden charges available?
The Trading Company promises complete transparency and as there are no brokers or middlemen in between, the chances of fraud are limited to almost zero.
The company will also let you know about the charges that you are supposed to pay whenever you’re opting for the trading account with Spectre AI.
Fill up the Form – Open Forex Trading Account Now!
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