Spiremarket

No, Spiremarket is not regulated. For me, this means there’s no official body monitoring their operations. I always prefer working with regulated brokers because I know that if anything goes wrong, there’s a financial authority that can intervene.

Spiremarket offers trading in Forex, Stocks, Commodities, Options, and Futures. However, they do not provide Cryptos, Indices, ETFs, or Bonds, which limits diversification for me. I would prefer more variety in the instruments offered, especially for long-term investments.

Spiremarket does not offer a demo account, which is a drawback for me. I always prefer to practice and test a platform without risk before diving into real trading. Without a demo account, I feel less confident about trying out a broker, especially a new one.

Since Spiremarket is not regulated, I wouldn’t consider it fully safe or legit. Without a regulatory body ensuring fair practices, there’s no assurance that the broker is handling my funds properly. As a trader, I would exercise extreme caution when dealing with unregulated brokers.