- Impressive web-based trading platform
- Extensive range of tradeable assets
- Very safe, transparent, and secure
- Innovative technology
- Very new trading platform and tech
- All features and products are not yet available
Spectre.ai is a highly innovative financial trading platform that removes the intermediary presence of a broker by utilizing the power of the Ethereum blockchain. The way it does this is by matching traders against a decentralized autonomous liquidity pool (DALP) or other traders on the network. This innovative model of running a trading platform such as this, allows for 24 hour liquidity and ensures there will be absolutely no brokerage fraud. Spectre.ai could very well be the future of Digital Options, Forex, and CFD trading.
Spectre.ai is a newly launched financial trading platform, being only established in March of 2018. The platform is owned and operated by Spectre Global Limited, and has their headquarters based at Artemis House, 76 Fort Street, Grand Cayman, KY1-1111, Cayman Islands. As Spectre.ai is so new, they have yet to obtain regulation and likely will take a great deal of time due to the nature of their decentralized trading platform. The Spectre.ai platform is available to traders from most everywhere in the world but is not intended for residents of the United States or any other jurisdictions who prohibit these services. Spectre.ai is a multilingual trading platform that supports the English, German, Japanese, Vietnamese, and Chinese languages.
Spectre.ai is a very unique and interesting trading platform, but can they be trusted and are their services up to par? Let’s find out in the following review, where we’ll analyze every aspect of this trading service and discover how they stack up to the competition.
The trading platform provided by Spectre.ai is revolutionary. It’s the first financial trading platform powered by a tokenized liquidity pool which is made possible with Ethereum blockchain technology. Therefore, Spectre.ai can function as a decentralized platform where no fiat currency is held. Instead, traders hold a special utility token (SXUT) which grants them access to the platform and is held in the users Ethereum wallet. This SXUT token enables traders to receive higher payouts, gain access to more assets, have higher trade sizes, and many more benefits. Therefore, traders are enticed to buy and hold this token to benefit from the trading capabilities it enables. As well, Spectre.ai allows traders to trade directly from their Ethereum wallet with Ether, so no funds are held on the Spectre.ai platform. As for the trading functionality of the platform, it is very well designed and intuitive. The charting package is very impressive, complete with a wide array of technical indicators, drawing and analysis tools, chart types, time frames, and full screen capability. The platform also has an automated signal tracking system which alerts traders when a good trading opportunity arises. All in all, the trading platform is professional, advanced, and easy to use.
Spectre.ai has a truly extensive range of tradeable assets and markets to participate in and even more are coming throughout 2018. The platform may be based on the Ethereum blockchain, but they offer so much more than cryptocurrency trading as the platform is primarily a binary options trading platform. See below, the tradeable markets and range of assets available to trade at Spectre.ai.
- Forex, Commodities, Cryptos, Equities, Bonds, ETFs, Indices
- A-Book Forex
- A-Book Equities
- 30 currencies
- Available Q1 2018
- 10 commodities
- Available Q2 2018
- 500 cryptocurrencies
- Available Q1 – Q3 2018
- 1000+ equities
- Available Q2 – Q3 2018
- Available Q3 – Q4 2018
- Available Q3 – Q4 2018
- Available Q3 – Q4 2018
Fees and Commission
Spectre.ai operates differently from most other trading brokers in which the trading fees don’t all go to Spectre.ai. Instead, half of the trading fees are paid out to Spectre.ai ICO token holders. So, traders are charged a 4% fee on all trades, in which 2% is paid to ICO dividend token holders while the remaining 2% is paid out to Spectre.ai for their trading technology services. The fees mentioned here are for the trading of binary options, as for the trading fees for the other tradeable products which are not yet available, they have not been stated yet.
Security and Fairness
Spectre.ai may be one of the safest and most secure online trading platforms to date. We say this for various reasons. The first being, Spectre.ai does not deal with a shady broker or any broker for that matter. Trades are carried out through a set of audited, secure smart contracts on the Ethereum blockchain. This ensures 100% transparency with no chance of fraud as everything is stored on the blockchain and can be verified. Another reason it’s so secure is, traders do not deposit any money into the Spectre.ai platform. Instead, traders can trade directly from their personal Ethereum wallet. So, their funds never leave their wallet until they place a trade, giving the user complete access to their funds at all times. Therefore, Spectre.ai offers traders a very safe and secure online trading environment. However, this technology is still very new, and only time will tell how well everything works.
Traders can reach support via email, live chat, or through their social media channels including Facebook and Twitter. The support is available 24 hours a day, 7 days a week and traders should receive a response within 24 hours. Additional methods of support include an extensive FAQ page. Unfortunately, Spectre.ai does not yet have an educational section, but plans to add one in the future.
Spectre.ai is a very unique and innovative trading platform which has the potential to change the online trading industry. The technology is still very new and has yet to fully prove itself, but if successful, Spectre.ai will rise the ranks to the top. The trading platform provided by Spectre.ai is intuitively designed and fully capable for both experiences and beginner traders. The tradeable asset range is extensive and Spectre.ai has plans to add even more throughout 2018. The security aspect of Spectre.ai is impressive and may be their most important feature. All in all, Spectre.ai is a trading platform to watch and consider as it is truly revolutionary.