SpecTrading (SpecFX): A Broker with a Long Bonus History
SpecTrading — also marketed as SpecFX and SpecMarkets, all the same broker operated by Spec Capitals Ltd — is a multi-jurisdiction forex broker holding a genuinely verifiable Mauritius Financial Services Commission license alongside registrations in Comoros, Saint Lucia, and Cyprus. According to the company, it has offered an unusually wide range of promotions over time, including an account-opening bonus, a 125% deposit bonus, a 100% deposit bonus, a 50% deposit bonus, a 20% deposit bonus, trading points, and cashback. That 125% figure in particular stands out as more generous than most standard deposit-match promotions in the market.
Because SpecTrading’s promotional lineup has evidently changed over time — the company’s own materials describe these as bonuses it “has offered” rather than a fixed, always-available menu — anyone interested in a specific promotion should confirm what is currently active directly with the company before depositing. The broker’s founders reportedly have industry backgrounds that include time as CFO at IC Markets and prior work at Axi, which is a notable pedigree for a relatively newer multi-jurisdiction brand.
| Key Aspects | Details |
|---|---|
| Operating Entity (per company) | Spec Capitals Ltd |
| Primary License | Mauritius FSC (license GB252045999) |
| Other Registrations | Comoros, Saint Lucia, Cyprus (per company) |
| Historical Bonuses | Account-opening, 125%/100%/50%/20% deposit bonuses, trading points, cashback |
| Maximum Leverage (per company) | Up to 2,000x |
| Trading Platform | MT5 |
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What Else to Confirm Alongside a Bonus
SpecTrading offers two account types, Standard and ECN, both with a minimum deposit of roughly $50 and access to more than 250 tradable instruments spanning FX pairs, crypto, metals, energy, commodities, indices, and individual stocks. The company states that standard leverage tops out at 1,000x but can be raised to 2,000x on application, while crypto CFDs specifically are capped at a lower 200x. Given that bonus terms often interact with leverage and trading-volume requirements, confirming the current promotion’s fine print alongside these account details is worth doing before choosing between the Standard and ECN tiers.
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Who Should Consider SpecTrading?
SpecTrading may suit traders drawn to its history of substantial deposit bonuses and its genuinely verifiable Mauritius license, provided they confirm the specific promotion currently on offer rather than assume a historical bonus is still active. It is a reasonable option for traders who also want access to a wide instrument list, including crypto CFDs, without needing MT4 or cTrader compatibility. As with any bonus-driven decision, reading the full current terms directly with the company before depositing is the safest approach.
FAQ
- What bonuses has SpecTrading offered?
- According to the company, its promotions have included an account-opening bonus, deposit bonuses as high as 125%, trading points, and cashback, though not all may be active at any given time.
- Is SpecTrading regulated?
- Yes. SpecTrading (operated by Spec Capitals Ltd) holds a Mauritius Financial Services Commission license, alongside additional registrations in Comoros, Saint Lucia, and Cyprus.
- What is SpecTrading’s maximum leverage?
- Up to 2,000x on standard instruments (by application), and up to 200x on crypto CFDs, according to the company.
- Is SpecTrading the same as SpecFX or SpecMarkets?
- Yes. SpecTrading, SpecFX, and SpecMarkets all refer to the same broker operated by Spec Capitals Ltd.
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