Review summary
Spartan Trade, operating under the legal entity Lilt Group LLC, is a retail forex broker established within the last 2 to 5 years and registered in Saint Vincent and the Grenadines, a jurisdiction known for its offshore financial environment. This entity currently operates without any valid, authoritative forex trading licenses from major financial regulators, placing it outside established frameworks for investor protection and financial oversight. The broker's WikiFX exposure score of 1.45 reflects its unregulated status and inherent operational risks. For retail traders, this means client funds are not held in segregated accounts under regulatory mandate, and there is no formal dispute resolution mechanism available through a licensing authority. A single user review, graded as neutral, suggests a mix of initial trust and subsequent caution from the market. Given the complete absence of credible financial regulation, prospective clients should exercise a high degree of due diligence before engaging with this entity. 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: 2026-04-12)
