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Spartan Forex Scam Warning: Withdrawal Blocked, Unlicensed

Savun Law & Consultancy · Updated 25 October 2026

Spartan Forex Scam Warning: Withdrawal Blocked, Unlicensed

Marketed with the image of a Spartan warrior who never drops his shield, Spartan Forex is an offshore forex brand that targets small investors with 1:500 leverage and a low entry amount. The common theme in the user reports collected over the years is that withdrawal requests are held for months and that profitable trades are cancelled afterwards.

In short: Spartan Forex is not authorised in Türkiye by the Capital Markets Board (SPK) and does not hold a licence from any financial regulator. Withdrawal blocks and pressure to deposit more have been reported. Claiming back money sent to a platform of this kind is legally possible.

🔍 Spartan Forex at a Glance

  • Declared address: Port Vila, Vanuatu; no regulator is named
  • Previous and parallel names: TradeForexOffshore.com, SpartanFx.asia
  • Email: [email protected]
  • Phone: +44 20 3289 8286 (London-coded line)
  • Domain: spartanforex.com, currently not responding

No connection has been established between this brand and the address spartanfx.com, which was registered in September 2026.

🚩 How Do Withdrawal Requests End?

In user reports, deposits are said to be approved within minutes, while withdrawals are held for months with reasons such as a "bank problem". Cancellation of a withdrawal after a profitable trade and losing positions being kept open are also among the reported problems. SPK Board Decision No. 8/297 treats intermediation in leveraged trading from abroad for persons in Türkiye as unauthorised activity.

🔗 Other Operations with a Vanuatu Address

We have reviewed platforms operating from a Pacific island address before:

🧭 Legal Roadmap

In cases of this kind, the invalidity of the account opening agreementTR is assessed first; a restitution and unjust enrichment claimTR then comes onto the agenda. For international transfers, the recall of a SWIFT transfer is examined separately. For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Is Spartan Forex licensed by the VFSC?

Although a Vanuatu address is declared, the platform shows no regulatory licence of any kind; in Türkiye it has no SPK authorisation.

Who does the number +44 20 3289 8286 belong to?

This London-coded line is published as Spartan Forex's contact number; it does not mean the company is licensed in the United Kingdom.

Are TradeForexOffshore and SpartanFx.asia the same operation?

In the brand's own promotional material, these names appear as the previous and parallel names of Spartan Forex.

What can be done if Spartan Forex cancels a withdrawal?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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This page is an English adaptation of our Turkish article Spartan Forex (spartanforex.com) Forex Dolandırıcılığı.

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