These historical contracts can be traded just like any other but, unlike forex, are also available 24/7 (including weekends and bank holidays). They are synthetically constructed from historical price data and then streamed forward in time. Reverse Futures allow traders to speculate on real world equities, but historically. The overwhelming success of these Euro-based currency pairs, traded through time, prompted the introduction in 2020 of Reverse Futures.
credit/debit cards, and digital wallets.
As you would expect, this includes the usual currency pairs and popular commodities/metals such as gold and silver, using live spot prices, but that is where any similarities to other trading platforms ends. The price feed utilized by the Spectre.ai Digital Contracts trading platform comes from two reliable and trusted sources that are frequently audited. As such, users are trading against a decentralised balance sheet that is available at all times 24/7 to be traded against on demand. Well, with this particular trading system allows you to place your trades and fund them directly through your Ethereum wallet. This eliminates the risk of counterparty fraud and ensures that trades are always executed at the best possible price.
Transparent platform
The Spectre trading platform has received a lot of attention and is very popular. In actuality, it is a variation of the Spectre token that traders may purchase and exchange for tokens from other platforms. However, this 2% payout is based on the platform’s overall monthly revenue from trade execution fees.
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Aside from this I think spectre has uniquely positioned itself in the financial industry I have mixed emotions about this, because meta trader perks are also purchased on MQL5 but I feel that some of the perks such as opening multiple positions should not be for sale. There more unique feature on this platform A single days use of Chains costs $1.49 USD and is good for a 24 hour window of time. The Trader’s Bay is where I purchase upgrades for the platform–such as Chains mode–at an additional cost.
One of my favourite stuff here is the ability to connect my account directly to my usdt wallet, so there are no time consuming funds transfers. I’ve come to learn that it is easy to overtrade with specter because the platform offers such a pleasant trading experience and simplifies trading processes. Inorder to do things such as open multiple positions, and other perks on spectres platform I need to purchase them from the tradersbay. This is an invaluable tool against overtrading, revenge trading, and other behavior traits that can be very dangerous to binary option traders. Spectre.AI has huge plans regarding the offered trading instruments and the range of markets for traders to deal in.
This is because the FCA considers crypto CFD trading to be a high-risk activity.
You will connect your common e-wallet to the Spectre.ai platform under the Wallet account. It implies that the only traders who can use this platform are those from certain nations. Additionally, the users can have confidence in this broker platform thanks to the regulation and licensing.
With commissions starting at zero, equity capital of $19.5 billion,1 and 160+ global market centers, IBKR truly serves investors who demand more. IBKR puts serious investors in control by combining low pricing, global market access, award-winning technology, and deep financial strength. 100+ order types – from limit orders to complex algorithmic trading – help you execute any trading strategy. Award winning platforms for every investor from beginner to advanced on mobile, web and desktop.
Spectre.AI System – Only You Can Touch Your Money!
Before trading, please carefully consider your investment objectives, experience level and risk tolerance. FX trading is of high risk and may not be suitable for all investors. It is more convenient and faster to find brokers and complain Users will be taught basic technical skills which cover bollinger-band and candle-stick theory and, as a final step, will be asked to grow a small real-money account. The education section inside the platform contains a video tutorial along with a series of videos on trading patterns, how they work and to use them in trading practice. Spectre have partnered with Finrax and added 20+ crypto coins, meaning they now offer one of the widest choices of coins that users can deposit with.
- Nonetheless, overall, it’s a helpful tool for my trading activities.
- Platform is professional and offers unique features that other brokers do not.
- It is unclear if Spectre.ai actually provide novice traders with any particular educational materials.
- Well, this new application has come out with something called Smart Options trading.
Additionally, you can choose a time frame within which you can cancel the order if the price you anticipate doesn’t rise to the required level. It implies that you must establish the trade by making reference to its anticipated future price. To place a wager on the intraday trade of any chosen asset, you must thoroughly research the market.
Forex Low Minimum Deposit
- As someone who frequently trades on Spectre AI, I find the protection payout feature to be quite helpful.
- There more unique feature on this platform
- Any gains you withdraw are transferred directly from the private escrow Ethereum wallet to your own Ethereum wallet.
- The personal wallet requires more minimum lot size of around 50 lot size.
- Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page.
- Low risk and high frequency trading is what spectre offers me, I was induced to use the platform because of this catch phrase.
All I do is connect my wallet and start trading from my balance. Spectre doesn’t fall into the same category, their platform offers quite a wide range of various tools. Spectre.ai is one of the best brokers I have ever used, and I have tried a lot.
Transparency is a major trust factor in online trading — and Spectre.ai provides almost none of it. Spectre.ai has made a solid effort in educating its users. 🗨️ “They advertise 95% returns, but right before I place a trade, it drops to 60%. Below are recurring complaints and warning signs collected from various sources, including Trustpilot, Reddit, Forex Peace Army, and trading forums. The company has now rebranded itself as Phoenixapp.io and offers passive income as a liquidity provider. 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.
I would like to share my positive experience trading with Spectre.ai, which is one of the few places where I feel safe trading binary options. Quite secure platform because of own external wallet.The % is lower, but no worries about the funds are safety. Crypto/Equities assets have a lot of bugs, expire problem, price difference, sudden Volatility,etc..also those assets didn’t represent real time Data.and they announced CFD trading 2years ago but st… Trade execution speed is usually below 0.5 second and even when the market is very volatile, especially during times of forex news releases, the speed is still usually okay. As a result, the payouts when trading from a Wallet account may be less than when changing from a Regular account.
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Launched in 2017, the broker has steadily gained traction among traders who prioritize transparency, fund security, and decentralized finance (DeFi). Platform is professional and Spectre.ai Broker Review offers unique features that other brokers do not. The platform offers the unique feature of being able to trade against a smart contract on the blockchain (ETH) and remove the middle man. I traded on their demo account for three weeks before moving onto their Smart Options platform.
I’ve realised that is rare for my order to be rejected due to differences in bid/ask prices caused by volatility recommend. There is room for improvement there but the interphase is good for active trading with quick direction selection It would be convenient to have the ability to view my recent orders while trading, but unfortunately, it’s not currently possible without closing my trading interface on Spectre. Nonetheless, overall, it’s a helpful tool for my trading activities. However, I have noticed that as the contract approaches its expiry time, the early close feature becomes disabled, which can be frustrating.
For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. A base currency is the currency in which your account is denominated. A Spectre Ai demo account can be opened in a few minutes.
Pionex is a crypto exchange with 16+ trading bots built right in. It won’t turn you into a trading genius, but it removes the friction of manual execution. But if you’re investing $5K total and trading twice a month? The real question isn’t “which is best” – it’s which one actually makes sense for how you trade. You’ll find hundreds of options out there, everything from completely free to $200+/month.
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