Spec FX Review

Verdict

This Spec FX review is built from the listed broker profile, available official source links, and practical account checks. It focuses on the details traders usually need before choosing a broker: entity verification, platform support, deposit requirements, account costs, and risk controls.

Compare safety, trading costs, account fit, and verification steps before opening or funding a broker account. Includes current static profile data, official source links, and conservative broker risk guidance.

Key facts

• Country: Mauritius
• Listed regulation: FSCA and FSC
• Minimum deposit: $100
• Trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
• Research rating: 4.7/5
• Myfxbook: 4.7/5 from 282 Myfxbook reviews on the comparison page

Regulation and safety checks

Spec FX is listed in the broker profile with FSCA and FSC. Treat this as a starting point for due diligence, not as a guarantee. Before depositing, confirm the legal entity, license number, client jurisdiction, and investor protection rules on the broker site and the relevant regulator register.

• Regulation must be confirmed with the exact legal entity before deposit
• Spreads, commissions, swaps, and withdrawal fees can change by account and region
• Available products, leverage, and protection rules depend on client jurisdiction
• Official website: no official website is listed
• Some public profile fields are incomplete and need manual verification

Platforms and trading access

Spec FX lists MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as supported trading access. Platform availability can vary by region and account type, so check whether the exact platform you need is available for your country, device, and trading style.

Deposit, spreads, and trading costs

The profile lists $100 as the minimum deposit. Spreads, commissions, swaps, inactivity fees, withdrawal fees, and currency conversion costs can change by entity and account type, so verify the pricing schedule directly before funding.

Who this broker may suit

Static profile makes broker comparison easier. Some public profile fields are incomplete and need manual verification. Regulation must be confirmed with the exact legal entity before deposit.

• Listed regulation profile: FSCA and FSC
• Supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
• Minimum deposit field is available: $100
• Official website is available for direct verification
• Internal research rating: 4.7/5

Risks to check before opening an account

Main checks before opening an account: verify the domain, confirm the regulated entity serving your country, read the withdrawal policy, check leverage limits, compare all trading and non-trading fees, and start small until deposits and withdrawals are tested.

• Regulation must be confirmed with the exact legal entity before deposit
• Spreads, commissions, swaps, and withdrawal fees can change by account and region
• Forex and CFD trading involves substantial risk and can lead to losses
• Available products, leverage, and protection rules depend on client jurisdiction
• Some public profile fields are incomplete and need manual verification

Myfxbook profile notes

• Myfxbook's visible comparison page lists Spec FX with FSCA South Africa and FSC Mauritius regulation entries.
• The comparison page lists Spec FX as an ECN broker with 1:1000 maximum leverage, a $100 minimum deposit, and $0 commission.
• The rendered Myfxbook row checked on 2026-06-16 did not expose a separate Full Review link, so this profile keeps the comparison-page source as the primary evidence.
• The visible Myfxbook comparison row lists 1:1000 maximum leverage, $100 minimum deposit, and $0 commission.
• Myfxbook's visible comparison lists Spec FX with FSCA, FSC regulation entries.

Fact check snapshot

Reviewed on 2026-06-16. Data comes from the static TestedSignals broker profile and the official website when one is available. We avoid unverifiable performance or safety claims; missing fields are shown as Not listed and should be checked manually.

Official website: no official website is listed

• https://www.myfxbook.com/forex-brokers
• https://www.fsca.co.za/Entity-Persons-Search/?iframe_target=FSP+SEARCH

FAQ

Is Spec FX safe?

Safety depends on the exact legal entity, regulator, client country, and account terms. Use the listed profile as a starting point, then verify the entity and license before depositing.

What is the minimum deposit for Spec FX?

The current static profile lists $100. Confirm the live minimum, payment methods, and withdrawal conditions on the broker site before funding.

Which platforms does Spec FX support?

The profile lists MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Platform availability can vary by country, account type, and device.

Deposit, spreads, and trading costs: Spec FX?

The profile lists $100 as the minimum deposit. Spreads, commissions, swaps, inactivity fees, withdrawal fees, and currency conversion costs can change by entity and account type, so verify the pricing schedule directly before funding.

Risks to check before opening an account: Spec FX?

Main checks before opening an account: verify the domain, confirm the regulated entity serving your country, read the withdrawal policy, check leverage limits, compare all trading and non-trading fees, and start small until deposits and withdrawals are tested.