Brokers  /  Spratt Financial

Spratt Financial

Severe risk
🇬🇧 United Kingdom · 5-10 years · since 2019-11-14 · Spratt Financial Services Limited
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that Spratt Financial 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.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Listed as “Clone Firm” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 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 & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

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 nameSpratt Financial Services Limited
Headquarters🇬🇧 United Kingdom
Founded2019-11-14
Years operating5-10 years
Employees0
Official websitetrader.sprattforex.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
5 Bannview HeightsBanbridgeCounty DownBT32 4LZUNITED KINGDOM

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
HKGXPrecious Metals Trading (AGN)145Hong Kong

Review analysis AI

Spratt Financial is an opaque entity with a severe scam risk score due to limited regulatory oversight and no independent user reviews. Its HKGX precious-metals licence and UK incorporation do not provide sufficient assurance for retail forex trading. Traders should avoid this broker until clear, verifiable information about its services and protections is available.

Best for
  • Traders who can independently verify the broker's offerings and regulatory standing
Not for
  • Risk-averse investors
  • Traders seeking regulated retail forex/CFD services
  • Anyone requiring transparent and well-reviewed brokerage services
Period:

Real user reviews

Where Spratt Financial operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong Licensed

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Spratt Financial

Company Overview

Spratt Financial operates under the domain sprattforex.com and is registered in the United Kingdom as of 14 November 2019. Its registered address is 5 Bannview Heights, Banbridge, County Down, BT32 4LZ, United Kingdom.

The firm holds a regulatory licence from HKGX (Hong Kong) for Precious Metals Trading (AGN status). No other regulatory authorisations are on file, and the licence status is listed as unspecified. Aggregated industry data assign an FXCanary Scam Risk Score of 85 out of 100, indicating a severe risk profile.

Regulatory Status

Spratt Financial's sole disclosed regulator is HKGX, which oversees precious metals trading in Hong Kong. The licence type is AGN (Authorised Gold and Silver Dealer), suggesting the firm may be primarily a bullion dealer rather than a retail forex broker.

The absence of a major financial regulator — such as the FCA in the UK, where the company is incorporated — is a notable gap. The high scam risk score reflects this limited regulatory oversight and the lack of independent user reviews or verifiable operational history.

Services and Offerings

Public information about Spratt Financial's products and services is very limited. The domain name (sprattforex.com) implies a focus on foreign exchange, but without an official website or marketing materials, it is not possible to confirm the availability of forex, CFD, or other trading instruments.

Based on known facts, the firm is authorised only for precious metals trading. Whether it actually offers retail forex or multi-asset trading remains unverified. Potential clients should proceed with extreme caution.

Risk Assessment

With an FXCanary Scam Risk Score of 85/100 (Severe), Spratt Financial presents a high-risk profile for traders. The combination of a single unverified precious-metals licence, a UK registration without local regulatory oversight, and a complete absence of user feedback or independent reviews are major red flags.

Traders are strongly advised to verify all claims directly with the broker and to consult official regulatory databases before depositing any funds. The lack of transparency warrants a heightened level of scepticism.

Overview compiled by FXCanary from regulatory records and public data. full Spratt Financial review