Reported as a scam / unregulated
Why SpartanForex is on the register
SpartanForex’s website provides no regulatory disclosures or trading license information . In our past reviews, SpartanForex claimed to operate as a trading name of Spartan Capital Markets Limited , registered in Saint Vincent and the Grenadines . However, we’ve now found that this registration with the Financial Services Authority (FSA) of SVG has been cancelled , raising serious doubts about the company’s legitimacy, and suggesting it may be changing its registration status to avoid scrutiny. Therefore, SpartanForex appears to be unregulated and is very likely to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.