Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

SparkFX

Saint Lucia Saint Lucia | 1-2 years |
Suspicious Regulatory License | MT5 Full License | Global Business | High potential risk

https://www.spkfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

SparkFX-Live

United Kingdom
United Kingdom
MT5
5

Influence

D

Influence index NO.1

India India 2.45

MT4/5 Identification

MT4/5 Identification

Full License

5
Server Name
SparkFX-LiveMT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

D

Influence index NO.1

India India 2.45
Surpassed 19.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+964 7854999004
https://www.spkfx.com/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
1-2 years
Company Name
SparkFX LTD
Customer Service Email Address
info@spkfx.com
Contact Number
+9647854999004
Company Website
Account
Related Software
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
2
MT5 Servers
142.25
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Website

  • spkfx.com
    76.76.21.21
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Review summary

SparkFX LTD is a forex broker established 1-2 years ago and registered in Saint Lucia, operating with a global business scope. The entity currently operates without mainstream financial regulatory oversight and holds no valid authoritative forex trading licenses. The broker's WikiFX SkyEye score of 1.90 reflects this fundamental lack of regulatory framework. Regarding trading conditions, SparkFX offers multiple account types including STANDARD (minimum deposit $100), ZERO ($1000), VIP ($10,000), and DINAR (132,000 IQD), with maximum leverage reaching 1:500 on several accounts. The broker provides MetaTrader 5 platform support, with mature system services and technical support. This operational profile, situated in an offshore jurisdiction without recognized regulation, presents higher inherent risks for traders evaluating counterparty security and operational transparency. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Global Business
  • High potential risk

News

SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market

Exposure SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market

An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.

Wiki Q&A

How is the fund security of SparkFX evaluated?

SparkFX LTD operates as an unregulated entity registered in Saint Lucia and lacks oversight from mainstream regulatory bodies. This status presents higher inherent risks for fund security. The broker's overall SkyEye score of 1.90 reflects this fundamental regulatory absence. While it offers various account types, such as STANDARD with a $100 minimum deposit and leverage up to 1:500, these features do not mitigate the core counterparty and security considerations associated with its unregulated operational profile.

Three days ago
United States

Which financial regulator oversees SparkFX?

SparkFX is not overseen by any recognized mainstream financial regulator. The broker is registered in Saint Lucia and operates globally without holding verifiable licenses from authoritative bodies. The entity's regulatory index is 0.0, confirming the absence of formal oversight, which is a significant consideration for counterparty risk and dispute resolution.

Three days ago
United States

What is the full company name of SparkFX?

The full company name is SparkFX LTD.

Three days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Three days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
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Official Email:support@wikifx.com;
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