SpartanForex.com

Today, I expose the underhanded practices of SpartanForex, a brand that was once trusted but has now sunk into the depths of fraudulent activities. The heart of this revelation comes from an ex-agent's firsthand experience – my own – with this B-book broker. In my tenure as an agent, I witnessed countless episodes of financial deception that leads me to now declare SpartanForex an entity to be wary of. The company stands accused of embezzlement involving substantial sums of hard-earned client investments. To illustrate this, we recall an incident where a massive 90k withdrawal request was made by a client. Unfortunately, the client only received a meager 29k. We are talking about 61k that is missing, unaccounted for, and leaves the victim traumatized, financially and mentally. Spartanforex's B rating as a book broker might mislead you into thinking they're a secure platform. But don't be fooled! This is a stark reminder that it's not always safe to entrust your savings to such companies. It's essential to meticulously research and make an informed decision before doing so. As more similar complaints soar, it undoubtedly raises a red flag on the company's operations. Also, the abrupt closure of the SpartanForex office in Surabaya, Indonesia, instigates further doubts and mistrust about their legitimacy. This seemingly under-the-radar move only adds to the mounting list of suspicions and irregularities surrounding SpartanForex. In conclusion, this verdict on SpartanForex aims to enlighten potential clients and traders about their unethical practices. Stay vigilant and ensure your hard-earned money is invested in platforms that prioritize integrity over sly profit-making schemes. Avoid SpartanForex – a broker plagued with an abundance of complaints and an equally unsatisfactory resolution pattern. Let us always remain alert to the drastic consequences that could stem from illegitimate companies operating under a facade of trust and credibility.

As an increasing number of forex trading scams continue to proliferate across the internet, it's important to shine the spotlight on the less-than-reputable operations tarnishing the industry's reputation. A prime example of such nefarious activities can be found right here, in the case of SpartanForex. SpartanForex - an organization which I used to proudly represent as an agent - is now, unfortunately, a name that has come to be synonymous with deceit and disappointment. Having personally witnessed their dubious financial practices, I find it imperative to warn potential investors about this sparkly façade hiding a much darker truth. The punitive sting of SpartanForex's withdrawal scam is hard to ignore. Imagine the devastation, having invested your hard-earned money expecting a certain return, only to find your withdrawal request partially fulfilled. Such was the case of an innocent client who filed a ticket to withdraw his rightful earnings of 90k. SpartanForex, however, found it appropriate to release just under a third of this amount - a measly 29k. While this may be shocking to some, it's a sad story that resonates within the Indonesian trading community. Numerous complaints have been lodged against SpartanForex's unethical conduct. Due to the increasing pressure from disgruntled clients, they were eventually left with no choice but to shut down their Surabaya office. Amongst other red flags, potential investors should be wary of SpartanForex's B Book operations. For the uninitiated, a B Book broker essentially takes the opposite side of your trades. This means they stand to gain if you lose - a risky proposition that could potentially infringe on the trust essential to any client-broker relationship. In conclusion, when it comes to ensuring the safety and growth of your investment, it's crucial to tread carefully. Remember, all that glitters is not gold - a lesson many have learned the hard way with SpartanForex. Always do your due diligence before tying your hard-earned money with any broker. Be warned and be aware - don’t let the shiny exterior of SpartanForex blind you from the harsh realities lurking beneath.

Having worked as an agent with SpartanForex, I am uniquely positioned to share my adverse experience with this trading platform. I am motivated to unveil a troubling trend that I've thoroughly observed - SpartanForex's cavalier attitude towards settling client withdrawal requests. A worrisome instance that springs to mind is the stalemate over a client’s request for withdrawal. The client requested a total of 90,000 USD, but unfortunately, only 29,000 USD was paid out, and the rest remains unpaid till today. Heed caution, this is by no means an isolated incident but a recurring trend with many other clients facing similar hardships. This noticeable lack of full payment has raised unsettling questions about SpartanForex's credibility and commitment towards maintaining healthy client-agent relationships. Apart from these unresolved payment issues, there is an avalanche of complaints about SpartanForex emanating from different quarters in Indonesia. What was once a well-respected trading platform in Surabaya, has, unfortunately, closed off its office due to what can be attributed to dissatisfaction from an ever-increasing number of disgruntled clients. Crucially, it is also essential to note that SpartanForex subscribes to the 'B Book' brokerage model. In layman's terms, these types of brokers trade against their clients. While this model is not inherently a scam, it can lead to a conflict of interest between the client and the broker. Should the client win, the broker loses, and vice versa. Consequently, it may incentivize the company to manipulate the trades for their benefit. My intention in exposing these issues is to equip potential clients with in-depth knowledge and understanding so they can make informed decisions when dealing with SpartanForex or any other trading platform. After all, knowledge is power, and power equips one with the ability to make discerning judgments. This review serves as a 'caveat emptor' or let the buyer beware, for those considering trading with SpartanForex.

In the grey world of Forex trading, the credibility of a platform holds an irreplaceable weight. As a previous agent for SpartanForex, I've had a front-row seat to some disquieting practices that have led me to question its integrity, particularly concerning client withdrawal requests. From an initial balance of $90,000, the company had the audacity to payout a meager $29,000 - just a fraction of the total client withdrawal request. This misstep is not an isolated incident; rather it's a saga of perpetual misconduct that has repeatedly haunted the platform's credibility and disillusioned many of its patrons. SpartanForex, unfortunately, comes across as another marauding name in the Forex trading industry with countless complaints lining its track record. Especially in Indonesia, the company's murky operations have raised several red flags, leading to widespread condemnation among investors and functional shutdowns, significantly in highly populated cities such as Surabaya. Further making the case against SpartanForex is its modus operandi of operating as a B Book broker. For those unfamiliar with the concept, this essentially means the company takes the other side of a client's transaction and profits when the client loses. This conflict of interest raises serious questions about the level playing field that is often touted in the realm of Forex trading. Therefore, in light of these grave concerns, I implore investors to proceed with caution. SpartanForex, with its underwhelming record of client servicing, hazy operations, and questionable brokerage practices, might not be the safest choice for those looking to venture into Forex trading.