Review summary
Spectrum Live Pty Ltd is a broker registered in Australia and has been operating in the forex industry for 5 to 10 years. The broker's profile on WikiFX is highly problematic, as it holds no valid forex trading licenses. ASIC has flagged this entity as a 'Clone Firm,' indicating it is presenting itself as an authorized firm when it is not. This serious regulatory breach results in an exceptionally low overall WikiFX score of 1.57, reflecting an extreme absence of credible oversight. Public data categorizes its scope of business as 'suspicious.' The broker presents a severe level of risk for traders, as engaging with an unlicensed clone firm offers no protection of funds or recourse for dispute resolution. No specific trading conditions, such as minimum deposit or leverage, are publicly disclosed by the firm. 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: 2026-04-14)
