Brokers  /  SP Futures

SP Futures

High riskForex / CFD broker
🇳🇿 New Zealand · 5-10 years · since 2020-01-09 · Security Placements Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
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No sign that SP Futures actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSecurity Placements Ltd
Headquarters🇳🇿 New Zealand
Founded2020-01-09
Years operating5-10 years
Employees0
Official websitespfutures.co.nz
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

SP Futures presents an elevated risk profile due to its lack of regulatory authorisation, absence of a verifiable online presence, and limited public information. The broker’s registration in New Zealand provides no meaningful assurance of client protection. FXCanary assigns a Scam Risk Score of 51/100, indicating that traders should approach with extreme caution.

Best for
  • Traders willing to accept high risk with unregulated brokers
  • Those seeking a New Zealand-registered entity without verified regulation
Not for
  • Risk-averse traders requiring licensed oversight
  • Beginners needing comprehensive support and transparency
  • Regulatory-sensitive jurisdictions
Period:

Real user reviews

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About SP Futures

Company Overview

SP Futures is a New Zealand-registered trading entity, established on 9 January 2020. The broker operates under the jurisdiction of New Zealand, though it does not currently hold any recognised financial regulatory licence in that or any other jurisdiction.

This absence of regulatory authorisation is a significant consideration for any trader evaluating the firm. FXCanary’s records show the company’s registration number and date, but no verification of oversight by the Financial Markets Authority (FMA) or any equivalent body has been found.

Regulatory Status

As of the latest record check, SP Futures is categorised as unregulated. The company is not listed on the New Zealand Financial Service Providers Register (FSPR) nor does it appear to hold a derivatives issuer licence in New Zealand or any other major financial centre.

For traders, dealing with an unregulated broker increases counterparty risk, as there is no independent oversight of client fund segregation, financial reporting, or dispute resolution. FXCanary’s Scam Risk Score of 51/100 reflects this elevated risk profile.

Trading Platform and Instruments

Because SP Futures has no publicly accessible website or marketing materials that we could verify through independent search, we cannot confirm which trading platforms, instruments, or account types are offered. The broker’s name suggests a focus on futures and possibly forex or CFD products, but these are assumptions based on labelling alone.

Interested traders should exercise caution and seek direct, verifiable information from the broker before opening an account.

Geographic and Client Focus

SP Futures is registered in New Zealand, which may indicate a target client base in the Asia-Pacific region. However, without regulatory authorisation, the broker may be restricted from soliciting clients in certain jurisdictions, including New Zealand itself.

Traders from other countries should be aware that unregulated brokers offer no jurisdictional protection and may not comply with local marketing or financial service laws.

Financial Information and Transparency

No financial statements, audit reports, or information about corporate ownership beyond the basic registration are available in the public domain. The lack of transparency is a common characteristic of brokers with elevated risk scores.

Until such information is released, it is difficult to assess the firm’s financial stability or operational history. Traders are advised to treat this as a high-risk opportunity.

Deposit and Withdrawal Policies

We were unable to locate any details about payment methods, minimum deposits, or withdrawal processing times from official or third-party sources.

This information gap makes it impossible to evaluate the cost-effectiveness or reliability of the broker’s cash management practices.

Customer Support and Education

No customer support channels, educational resources, or demo account options have been publicly documented for SP Futures.

The absence of any visible support infrastructure raises concerns about the ability to resolve issues or receive assistance in a timely manner.

Overview compiled by FXCanary from regulatory records and public data. full SP Futures review