Company profile
Note: S&P BROKER's official website: https://snpbroker.io/ is currently inaccessible normally.S&P BROKERReview SummaryFounded2017Registered Country/RegionUnited KingdomRegulationUnregulatedMarket Instruments/Demo Account❌Leverage/Spread/Trading PlatformMT4, Status and web-basedMin Deposit$250Customer SupportTel: +853 +44-208-089-82-60, + 74-99-350-92-89, +49-305-900-13-31Email: support.ru@snpbroker.io, support.de@snpbroker.io, support.en@snpbroker.io Founded in 2017, S&P BROKER is a forex and CFD broker registered in UK, offering trading through MT4, Status and web-based platforms. The minimum deposit provided is $250, which is quite high. However, S&P BROKER operates without regulatory oversight from any reputable financial body.Pros and ConsProsConsVariety of account typesInaccessible websiteMT4 supportedUnregulated statusMultiple trading platformsNo demo accountsHigh minimum depositWithdrawal fee chargedLimited payment optionsIs S&P BROKER Legit? No, S&P BROKER is not regulated currently. Please be aware of the risk!Account Type S&P BROKER offers three account levels that traders can upgrade to. Account type including Easy start, Trader and Pro trader. There is no demo account to practice with.Account TypeMin DepositEasy start$250Trader $500Pro trader$1 000Trading Platform S&P BROKER provides traders with three trading platforms to choose from, including MetaTrader4 (MT4), Status and web-based platform.Trading PlatformSupported Available Devices Suitable for Status✔//Web-based✔Web/MT4✔Desktop, web and mobile (iOS and Android)BeginnersMT5❌Desktop, web and mobile (iOS and Android)Experienced tradersFees S&P BROKER charges pretty salty withdrawal fees, and has set some volume trading requirements. Withdrawal will be charged a transaction fee of the following: 50.00 USD/GBP/EURO for wire transfers; 25.00 USD/GBP/EURO for credit cards plus a processing fee of 10.00 USD/7.00 EUR/5.00 GBP; 25.00 USD/GBP/EURO for ePayments. In addition, accounts that have not executed a turnover of more than 200 or that are not verified will also be charged 10% of the withdrawal amount.Deposit and Withdrawal S&P BROKER accepts wire transfers,credit cards and ePayments as payment methods. Minimum deposit is 250 USD. Minimum withdrawal for wire transfers is 250 USD/GBP/EURO and 100 USD/GBP/EURO via other methods.
Is S&P BROKER safe or scam