Company profile · Broker · Kenya · Updated Oct 02, 2026
High Attention
Risk Score
High Risk
As of Oct 02, 2026
Inception & reports
—
Inception date not verified in sources reviewed
2026
Public complaints / alerts appear in the record
2026
Brief last updated · Oct 02, 2026
Brief analysis
About this SpecTrading review
SpecTrading is a Japanese-language fake broker (operated per its own legal text by “Spec Capitals Ltd”) warned by Japan's FSA on 6 Oct 2026 — running bonus-credit traps and withdrawal refusals aimed at Japanese retail, and no connection to the legitimate Spec Markets. As of October 2026, public reporting linked to the domain associated with this brand and activity associated with Kenya includes patterns such as stalled withdrawals, unexpected fee demands before payout, or similar friction. Clients often ask whether SpecTrading is a scam or a legitimate broker; the answer turns on the domain you used and the documents you still hold.
Withdrawals, fees, and what to keep
A licence you verified yourself and a payout that reaches an account you control is one picture. A dashboard balance plus a new “tax” or “compliance” payment before you can leave is another. If you paid through the domain associated with this brand, retain the date, method, and any message that demanded an extra fee.
If you cannot withdraw
Accounts that allow a small test payout and then freeze larger requests are a recurring pattern in SpecTrading complaint threads. Contact Mike Levy Law for a confidential consultation — we compare what you send with the public record and advise on litigation or reporting pathways.
Public record
Reviews & What People Are Saying
Comments from people describing problems with this entity. Our team may reply when the
reported loss appears material and a confidential consultation could help.
Submit for review — all new submissions are moderated before publishing.
nearly €12,000 · Tengo capturas — sin cobro
Empecé en la plataforma web tras un transferencia en dos tramos. Dominio en mis notas: SpecTrading. Cerca de nearly €12,000 no llegaron al banco cuando congelaron la solicitud mayor. ¿A quién envío el cronograma y las pruebas?
NK
Nils KayaSpain
ML
Mike Levy LawSupport
Lamentamos lo ocurrido. Para una revisión confidencial, envíe cronograma, forma de pago y referencias de chat o transferencias.
Dashboard profits never reached my bank · e-wallet top-up
Started with a e-wallet top-up; activity looked normal at first on an Instagram lead form. I still have the chat log, receipts, and wallet/reference IDs. Profile concerned: SpecTrading. Who should I contact with the timeline and proof I still have?
IP
Ian PopescuSweden
Vergrendeld na overboekingsverzoek · kaartstorting
Support vroeg nieuwe stappen zonder fondsen vrij te geven. Op een recovery-chat leek alles normaal na de kaartstorting. Dit was onder de naam SpecTrading. Naar wie stuur ik tijdlijn en bewijs?
TS
Thomas SilvaNetherlands
Submit for review
Share your experience with this company. All comments are moderated —
submissions are reviewed before anything is published live. Email and phone are used only
to follow up if needed and are never published.
Guidance
Frequently asked questions
Straight answers on legitimacy, withdrawals, fees, and how a confidential consultation works.
Is SpecTrading a scam?
Public complaint patterns linked to SpecTrading often include stalled withdrawals, unexpected fee demands, or unreachable support. This page is not a court finding — it summarizes the public record so you can compare it with your own documents. If funds are stuck, keep every receipt and URL and ask for a confidential review before sending more money.
Is SpecTrading a legit broker?
Screen balances are not the same as a payout you control. SpecTrading is a Japanese-language fake broker (operated per its own legal text by “Spec Capitals Ltd”) warned by Japan's FSA on 6 Oct 2026 — running bonus-credit traps and withdrawal refusals aimed at Japanese retail, and no connection to the legitimate Spec Markets. Share the date and how you paid if you want a confidential consultation on next steps.
Can you close my SpecTrading account, or have the person who phoned me call again?
Mike Levy Law is not affiliated with this broker. We do not hold an account at SpecTrading and cannot impersonate their staff or reopen a login for you.
SpecTrading says I must pay a tax or fee before withdrawing — should I?
No. Real firms deduct legitimate charges from the balance or disclose them in statements — they do not usually demand a separate “tax” or “release” payment to a personal wallet before you can leave.
What do you do with what I send?
We review it confidentially against the public record and outline counsel, regulator, or reporting options. We are not a bank, card scheme, or police substitute.
How does your process work?
We begin with a confidential look at the date, how you paid, and any statements or screenshots you still have. We then compare that timeline with the public record and outline counsel, regulator, or reporting options. We do not replace your bank, card scheme, or the police.
Summary: SpecTrading — a Japanese-language fake broker (operated per its own legal text by “Spec Capitals Ltd”) warned by Japan's FSA on 6 Oct 2026 — running bonus-credit traps and withdrawal refusals aimed at Japanese retail, and no connection to the legitimate Spec Markets This page is informational and does not constitute a finding of liability. Profile last updated Oct 02, 2026.
Submit for review
Share your experience with this company. All comments are moderated — submissions are reviewed before anything is published live. Email and phone are used only to follow up if needed and are never published.