In fact, all the transactions that take place over Spectre. ai are settled over the transparent digital ledger. This digital ledger is verified every day, with a global network of over 20, nodes. Hence, you can be assured of top-notch security with Spectre. Here is the list of countries that allows trading on the Spectre.

It means that only the traders of these countries have access to trade over this platform. The acceptable countries are:. The traders from the below countries are restricted from using Spectre. ai for their binary options trading needs. The restricted countries are:. ai offers a couple of types of accounts that have varying benefits of their own. It totally depends upon the size of your deposit to make you eligible for those benefits.

There are wallet account and regular account types over Spectre. Under the Wallet account, you will be linking your standard e-wallet with the Spectre. You can then use your crypto assets to trade over the platform without the interference of a middle man.

In fact, the transactions are processed quite instantly and without any additional fees. For a regular account, you need to use the services of Spectre. It will help you open up a private escrowed Ether wallet.

The trades will still be commencing over the blockchain technology of Spectre. All of the winnings will then be passed onto the Ether wallet or regular account. You can then withdraw the funds over your Ether wallet to your digital wallet. ai might seem similar to that of all the other trading platforms in the market. But, apart from the base of functionality, there is nothing similar about Spectre. ai and other brokers. In the process, Spectre.

ai has implemented smart contract technology. Therefore, you can expect Spectre. ai to be a fraud-free and broker-less platform. Also, this is an additional feature, with inclusion to everything else that a traditional broker firm has.

Not all the regular broker platforms are rich with security aspects to ensure complete fraud protection. There are only a bunch of reputed traditional broker platforms that have a stronghold over their security. ai, on the other hand, is built to ensure security. The Spectre. ai interface consists of special trade ideas to help the users maximize their profit returns. You will get an idea of chart-setups and timeframe ranges in order to make a healthy and profitable investment. ai has no central authority to store the money.

The traditional platforms prefer to partner with any financial institution to store the money and earn some interest. ai makes money only by the volume of trades. When most of the platforms gain their money on losses of their clients, Spectre. ai makes money when there is a high volume of trading over its platform. The more people win, the higher the volume will be! But instead, they should commence their trades right from their wallets.

In this way, the traders can have transparency about what is happening with their funds! The moment traders deposit an amount to the Spectre. ai account, it stores within a smart contract. Hence, the funds remain secure, and no alteration is made to it. Hence, such procedures help the broker-less platform. And Spectre. ai leads the way, with other broker platforms trying to chase it. As of now, there are many traders who are switching or are willing to switch to Spectre.

And now, it is a test for all traditional brokers to cope with Spectre. ai in order to raise their bars and become more proficient. Spectre has also issued two types of tokens to let investors choose their mode of investing in Spectre.

The two tokens are Dividend Token and Utility Token. The preference of token as a valuable yield is what pushed Spectre to propose this idea of launching tokens. The traders are showing interest in the double token system of Spectre. Also, it is compliant with the trading regulations. The dividend token is also referred to as a reward token. It is because the users get some rewards upon holding these tokens. The higher the transaction counts over Spectre. ai, the higher will be the reward for holders of dividend tokens.

If the dividend token or SXDT hits a certain amount of money set by Spectre by the end of every financial year, then the holders will get a special reward, as year-end perks. The profitability aspect is higher with SXDT, in comparison to SXUT, for this reward system ideology. It is a regular token for traders with similar ideology or functions as that of any native token of other platforms. In fact, it is a form of Spectre token that the traders can buy and trade for other platform tokens.

This token allows the users to gain access to some hidden features of Spectre. It is very much evident that a person wants to know everything about Spectre. ai before they can actually use it. There is a lot of fuzz and popularity of Spectre trading platform. In fact, all of these details highlighted within this article give a clear insight into what Spectre. ai is and what makes it one of the best among all! If you have chosen Spectre. Trading is available in CFD instruments, binary and digital options for about 30 assets.

Of these, only 20 forex assets and 10 unique instruments, including EPIC. Of course, this is extremely small. It is convenient to work with asset charts on the Spectre trading platform. You can open several tabs with different assets at once. There are 9 chart timeframes and over indicators! This is enough for any trading strategy. Besides, you can save your template with indicators. Deals are opened instantly. It is highly discouraged to trade on unique assets like EPIC and Reverse Futures.

Although they are a feature of a broker and are often highly profitable, their quotes are unpredictable. ai can draw any quotes for them and you can easily lose funds. The expiration date can be set from 10 seconds to 5 hours, or until the end of the day.

Profitability with expiration dates up to 5 minutes can be extremely low. You can also set capital protection. This provides a return of a certain amount in case of an unsuccessful outcome, but reduces profitability.

A prerequisite for CFD trading is the placement of take profit and stop loss. You can close a position at the current price at any time. The leverage is This limits both potential profits and potential losses. ai spreads are very low. Most of the time, spreads for major currency pairs and other trading instruments are 0. Spreads widen during periods of high volatility. In the review, it was pleasant to find out that Spectre. ai does not charge trading commissions or other additional fees.

ai provides a free demo account. The disadvantage here is the lower spreads, which are actually higher in real trading. A regular account is a standard one. You can deposit via bank transfer, credit card, e-wallet. But you must pass the obligatory KYC verification to login the real account.

A feature of the Spectre broker is the ability to trade directly from your wallet. This requires a cryptocurrency ETX wallet. ai has a mobile app only for Android.

The login process is fairly easy. As a result of the review, the Android application has all the functions for analysis and trading in real time. Occasionally, it can lag when opening positions. Perhaps they will soon make it possible to trade from iPhones and iPads.

There are more than 15 payment methods available on Spectre for deposits and withdrawals. That is exactly why such an eventuality has to be avoided at all cost. Fortunately, from a mathematical and statistical perspective, such a possibility can be ruled out almost completely. This makes it possible to give certain token holders a special dividend too, at the end of the year, provided the liquidity pool grows past a certain pre-determined size. This is where the only conceivable Achilles' heel of the operation resides.

While - as shown above - the liquidity pool is guaranteed to grow over time thus indirectly raising the value of investor tokens , it is undeniable that it is still in the interest of the tech provider and the investors, to have traders lose.

The more traders lose, the faster the liquidity pool will grow, the more the various tokens will be worth and the more money investors will pick up in yearly dividends. The Spectre trading platform and system is currently available with smart options only. The new user interface makes quite an impression. Graphically pleasing and highly functional, the trading interface allows the trading of a bunch of currency pairs.

It all looks and feels like a regular digital option trading platform, so those who have already traded such options will find it very familiar. Pending orders can be placed without any obligation, directly on the chart, there is a handy chat window, and the Account Settings section offers a massive number of options, ranging from risk management templates to various audio settings. There is a Trade Ideas panel featured in the trading interface, the settings of which can be tampered with in the Account Settings section.

The trade idea section includes strategies such as Battleground, Breakout and Dead Cat Bounce - among others. Performance reports are delivered to the email address provided upon signup.

The frequency of these reports can also be set in the Account Settings section. Daily Stop Losses, Win Stops and Time Outs can also be set from the Risk Management panel. The Analytics section offers a number of personal statistics, including ITM rate, ROI and drawdown, and while indicators such as the RSI and the Bollinger Bands are made available directly on the chart by default there don't seem to be nearly enough tools available in this regard.

In August , Spectre introduced EPIC, which stands for Epochal Price Index Composite. It is an index, based on past market data of the Euro versus other currencies. It mimics live FX markets and since it is based on actual prices, it is also fully auditable. Those who took part in the funding ICO of the liquidity pool have been offered two types of tokens. These tokens are set to be traded through different exchanges.

This is fairly clear as explained above. The other token-type is the utility-token, which, unlike its reward-focused counterpart, does not give its holders payouts, but rather various privileges on the SPECTRE platform. These tokens will arguably be more suited to investors who become traders at the site too.

In essence, these tokens will represent a sort of VIP-account access for those possessing them. From a mechanical perspective, it is obvious that Spectre will not have traders cover other traders' investments.

As said above, the entity covering these trades is the liquidity pool. While on one hand this means that Spectre cannot be defined as an exchange, on the other, it means that the project will not encounter liquidity-related issues that make the launching of new exchanges borderline impossible problems in this regard surface when there are just not enough traders to cover a trade you're looking to make. The Spectre model works perfectly with a single trader, a handful, or millions of them.

This is exactly why maintaining perpetual liquidity in the pool is so important. Over time, as more and more traders join Spectre, the stage where the algorithm is capable of matching trades up perfectly, will indeed be reached. At that point, Spectre will become an exchange, in the vein of NADEX and others. The Spectre business model doesn't just set the foundations of a digital smart option operation that is in every way the superior of its current-day peers, it actually gives birth to a dynamic, evolving entity, which grows and improves over time, as its trader-base grows.

For the foreseeable future though, it is obvious that the size of its liquidity pool will determine the capabilities of the Spectre trading system. Since blockchain is quite new for the authorities, Spectre is obviously not regulated yet. The regulatory issue is part of the project roadmap though. It is indeed the penultimate step before the launching of the system. Apparently MiFID regulation will be targeted through CySEC, BAFIN or the UK's FCA.

Is Spectre Binary Options a scam or a reliable company? As an advanced trader, I checked the Binary Options Broker for you. Read if it is worth investing your money or not and get the best information in my review of ai is like a broker platform for binary options traders. Here, the operations are similar to that of all the other trading platforms.

But, Spectre. ai has tried to put up a broker-less approach for the traders to trade directly on the financial markets and assets. And with this process, you can connect your digital wallet to that of Spectre. ai account. In fact, you do not need to open up your account to pay the minimum funds at all.

ai is offering its trading services all across the globe. The strong zone of this platform is to let the users trade with binary options, CFD and Forex. ai is more leaned towards being a tech provider than being just a financial trading platform. You can gain access to Spectre. Also, you do not need to worry about losing your money due to false measures over this secure platform.

It has a plethora of unique features that develop the interest of people to learn more about Spectre. If you are into binary options trading or are willing to join the quest, learning about Spectre. ai can be an ideal consideration. As you are under your research phase to know the strong and weak zones of various broker platforms, it is time for you to give Spectre.

ai a try as well. Therefore, this article is here to cover most of the important areas of functionality over Spectre. Apart from that, you will also know why Spectre. ai has become a challenge for the other brokers in the market. ai possesses its own platform for trading and owns it by name. The trading system is entirely accessible by the web and comes with a direct log-in process.

You get all the basic features within this platform, including charts with ample varying information. Also, you can view the price movements of any assets, whether it is one second old or one day old.

Following that, you get over 30 technical indicators over the platform to help you with accurate trading decisions. Apart from that, MT4 integration is now part of Spectre. ai since The APIs within Spectre. ai allows the traders to build trading bots over the platform.

The developers have the potential to extract any kind of historical data from the trading platform. Moreover, the developers also get the opportunity to test the algorithms across diverse markets. You can explore the efficiency of the automated trading option over the demo account of Spectre. It will help you get an idea of how the automation works upon trading within the platform.

There are over 80 tradable products available over the site. You can speculate the price movements of all assets and then decide upon trading on your selected options. You do not need to own an asset to speculate their price movements. Moreover, Spectre. ai has its own Epochal Price Index Composite contract class EPIC. The assets are split between EPIC and digital binary options. ai is also leveraging the potential of introducing stocks, indices, and CFDs to the platform.

The Spreads of Spectre. ai are preferably tight, with some particular assets. And, it also allows spread-free entries over the platform. The average spreads over the major forex pairs tend to be 0.

When the spreads are tight, the profit aspects for the traders increase. The traders will receive benefits from high win rates, and profitability is assured. ai, as a trading platform, takes no additional fees other than the trading amounts for its services. You do not have to pay any inactivity fees or commission cuts to Spectre. There is a wide range of assets available over the Spectre. ai platform.

It is upon you to decide on what you want to choose for trading investments. Depending upon your trading tactics, you can pick the major currencies across the globe or the digital assets.

Not just that, but you have options to trade on commodities and stocks as well. It is like, offering you options to implement fancy trading aspects. You can switch the choice of your trading asset anytime within the platform. For instance, if you start to trade currencies over Spectre. ai, you can always switch to commodities anytime, without charges or limitations. The platform is immensely growing and might add more features to it in the long run.

Some of the trading features within the platform include:. Short trades are basically for beginners who want to take low risks in their initial investment. A short trade can last for a time range of 60 seconds to 1 hour. If you are not into binary options trading or Spectre.

ai, you need to start with this trade option on priority. It will help you see quick results, helping you to lower the risk factor. In addition to that, it will also boost your motivation for more significant duration trades in the future. Intraday trades resemble trades that can last for 12 or 24 hours. This trade option is most likely for traders who have some sort of experience with binary options trading.

Moreover, the traders imposing on intraday trades should have the patience to let the market unfold. Even beyond patience, one should have the knowledge to implement intraday trading upon growing assets. Amidst intraday trading, you can expect the asset price to fluctuate in high rapid movements. Therefore, the risk factor is high with it. You need to study the market well in order to place your bet on the intraday trade of any selected asset.

Under Spectre. ai, there are two trade placement types that are known as the traditional immediate trades. You will be making the trade-in those trades and set the placement accordingly to commence with it at the right moment.

It means that you need to set up the trade by referring to the future price of it. You will be entering the trade at a particular pricing or a pre-defined rate and set-up the price placement.

When the asset reaches that price, the trade begins, and the order is placed based on your chosen direction. You can also prefer to set an alert on the price movements of an asset.

For example, when the price reaches a particular amount that you chose, you will receive an alert. It is the time when you can go ahead and manually enter the trade. You can also set a time limit to cancel the placement in case the price you expect never reaches the mark within that period. Leverage is unavailable for most of the assets over Spectre. ai, except on forex pairs. Forex pairs are available with up to 40 times leverage. For the traders who want to operate with minimum capital, this leverage potential might limit their position and size options or flexibility of choice.

Low leverage is what will help the traders to limit the potential loss probability as well. To help you better understand the efficacy of Spectre. ai, you need to get an idea of all the existing attributes within the platform. And this section is especially to highlight all of the critical features of this platform. A must-to-have for every binary options trading platform is a demo account. A demo account will help the traders learn more about the platform features on a practical note.

The demo account acts just like the real account, except you get virtual funds to trade over it. This account has the algorithm to simulate the real market movements, to help you decide your unique strategies.

You can try out your expertise on all of the assets to see if it turns out productive or becomes a loss move. When you think you are ready with the knowledge and expertise, you can create your live account and commence with your trading aspects.

This way, a 5th entity enters the above dissected equation: the ICO investors, who will also be token holders. The broker was recently founded in and is not regulated. Therefore, you can expect Spectre. ai has its own Epochal Price Index Composite contract class EPIC. And now, it is a test for all traditional brokers to cope with Spectre. Not just that, but you have options to trade on commodities and stocks as well. There are wallet account and regular account types over Spectre.

Categories:

• Binary Options online
• Forex Bitcoin
• Binary Options
• Forex
• Forex Brokers