Basic Information
Registered Region 
Mauritius
MauritiusOperating Period
2-5 years
Company Name
Spider Capital Investment Limited
Customer Service Email Address
support@spiderforex.com
Contact Number
+2302144395
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
Spider Capital Investment Limited
Mauritius
|
2-5 years
|
ECN Account
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
http://spiderforex.com/
Website
Rating Index
Contact
+230 2144395
support@spiderforex.com
http://spiderforex.com/
6th floor, Ken Lee Building, 20, Edith Cavell Street, Port Louis, Mauritius 11304
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Website
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$2000
- Minimum SpreadFrom 0.3
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- Products--
Updated：
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Website
spiderforex.com
65.108.142.110Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| Spider Forex Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Forex, CFDs, commodities, indices, cryptos, and metals |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 2.5 pips (Mini account) |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Customer Support | 24/7 support, live chat, Whats App |
| Tel: +230 2144395 | |
| Email: support@spiderforex.com | |
| Address: 6th floor Ken Lee Building 20, Edith Cavell Street Port Louis, Mauritius 11304 | |
| Social Media: Facebook, X, Instagram, LinkedIn | |
Spider Forex Information
Spider Forex is an unregulated broker, offering trading on forex, commodities, stocks, indices with leverage up to 1:500 and spread from 0.3 pips on the MT5 trading platform. The minimum deposit requirement is only $10.
Pros and Cons
| Pros | Cons |
| MT5 platform | No regulation |
| Demo accounts | |
| Various trading products | |
| Low minimum deposit | |
| Live chat support | |
| Five account types offered | |
| Zero commission fees |
Is Spider Forex Legit?
No. Spider Forex currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Spider Forex?
Spider Forex offers trading on forex, CFDs, commodities, indices, cryptos, and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Metals | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Here are five live account types Spider Forex offers. Besides, the broker offers Demo Account.
| Account Type | Minimum Deposit | Suitable for |
| Mini | $100 | Advanced features for Pro traders |
| Micro | $10 | For beginners with standard conditions |
| Classic | $500 | Tight spreads and direct market access |
| Premium | $100 | Lowest spreads for high-volume traders |
| ECN | $10 | Bank spreads for high-volume traders |
Leverage
Spider Forex offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Spider Forex Fees
| Account Type | Spreads from | Commission |
| Mini | 2.5 pips | ✖ |
| Micro | 2.8 pips | ✖ |
| Classic | 2.0 pips | ✖ |
| Premium | 1.5 pips | ✖ |
| ECN | 0.3 pips | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile, web | Experienced traders |
| MT4 | ✖ | / | Beginners |
Deposit and Withdrawal
Spider Forex accepts payments via credit, Master Card, Maestro, etc. More detailed info on deposit and withdrawal like fees and processing time are not disclosed.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
Bhavani Durga K 
1-2 years
What are the fees on Spider Forex?
Spider Forex doesn’t charge any commission on its accounts, but spreads vary depending on the account type. For example, the Mini account starts at 2.5 pips, while the ECN account offers much lower spreads starting from 0.3 pips, but with a commission. I would choose the ECN account for tighter spreads, but I'd review the Spider Forex review to ensure the overall cost aligns with my trading style.
Broker Issues
Fees and Spreads
08-08
United States
JV1s24K_g0ld
1-2 years
What account types does Spider Forex offer?
Spider Forex offers five account types: Mini, Micro, Classic, Premium, and ECN. The Mini account has a low minimum deposit of $100, while the ECN account offers the tightest spreads starting from 0.3 pips. Depending on my trading needs, I would likely go for the ECN account, but I would read the Spider Forex review to get an in-depth look at the account features.
Broker Issues
Platform
Leverage
Account
Instruments
08-05
United States
maseko
1-2 years
What leverage does Spider Forex offer?
Spider Forex offers leverage up to 1:500, which is quite high. While high leverage can offer greater profits, it also comes with a higher risk of significant losses. I would be cautious with such high leverage, and I would read the Spider Forex review to learn more about how other traders handle this leverage.
Broker Issues
Leverage
Account
Platform
Instruments
07-12
United States
S jonas
1-2 years
What platforms does Spider Forex offer for trading?
Spider Forex offers the MT5 trading platform, which I find great for experienced traders. MT5 provides advanced charting tools and supports automated trading, which suits my trading style. I would check the Spider Forex review to see how well the platform performs in real-world scenarios, as it doesn’t support MT4.
Broker Issues
Platform
Instruments
Leverage
Account
07-12
United States
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