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