Security & Compliance

Please refer to the full guide on KYC document requirements under Getting Started: ➡️ What documents are accepted for KYC?

As a regulated financial services provider, Spec Markets is required to comply with Anti-Money Laundering (AML) regulations. These measures are in place to protect our clients and the integrity of the financial system by preventing the use of our platform for illicit activities.

As part of our AML compliance process, you may be required to:

• Complete identity verification (KYC) before accessing full account functionality
• Provide information regarding the source of your funds or wealth under certain circumstances. Enhanced Due Diligence (EDD): In some cases, additional verification may be required

Clients subject to EDD will be asked to provide:

• Proof of Income — such as payslips, tax returns, or employment letters
• Proof of Wealth — such as bank statements, investment portfolio statements, or property ownership documents. Our compliance team will contact you directly if EDD documentation is required.

Failure to provide the required documentation may result in temporary restrictions on your account, including delays to deposits, withdrawals, or trading activity. We appreciate your understanding and cooperation in keeping our platform safe and compliant.

Two-Factor Authentication (2FA) adds an extra layer of security to your account by requiring a second verification step in addition to your password.

• Log in to your Client Area
• Navigate to Profile → Security
• Select your preferred 2FA method and follow the on-screen instructions to complete setup.

Direct link:my.specmarkets.com/change_password

Once enabled, 2FA verification will be required for the following actions:

• Logging in to your Client Area
• Submitting a withdrawal request
• Changing your password.

Tip:We strongly recommend enabling 2FA to protect your account from unauthorised access.

Spec Markets is committed to protecting the privacy and security of your personal information. The following measures are in place to safeguard your data.

Access to client information is strictly limited to authorised personnel only. Internal access controls ensure that your personal data is only accessible to staff who require it to perform their role.

• All data transmitted between your device and our platform is encrypted using industry-standard security protocols
• Sensitive account information is stored securely and protected against unauthorised access
• We do not sell or share your personal data with third parties for marketing purposes.

You have the right to request access to, correction of, or deletion of your personal data held by Spec Markets, subject to applicable regulatory and legal obligations. For full details on how we collect, use, and protect your personal information, please refer to our Privacy Policy.

Please refer to the Eligibility section under Getting Started for the full list of restricted jurisdictions: ➡️ How do I create a live trading account?

Spec Markets provides several ways to access your trading history and generate statements for tax or record-keeping purposes.

If you have active trading activity, MT5 will automatically send the following reports to your registered email address:

• Daily report — A summary of your trading activity for the day
• Monthly report — A consolidated summary of your trading activity for the month.

To download a full trading history report directly from MT5:

• Open MT5 and navigate to Toolbox → History
• Select your desired date range
• Right-click and choose to save the report in your preferred format
• Format: Description
• HTML: Formatted report for viewing in a browser
• CSV: Raw data format suitable for spreadsheet analysis.

Tip:The MT5 platform allows you to query your full trading history across all periods.

To view trading activity for a specific MT5 account in your Client Area:

• Log in to your Client Area and navigate to Accounts
• Click on the relevant MT5 account card
• View the Deals section for a transaction-level breakdown.

Warning:The Client Area displays up to one month of trading history per query.

Spec Markets does not provide tax advice and has no obligation to file taxes on behalf of clients. As a trader, you are solely responsible for fulfilling your tax reporting obligations in your country of residence in accordance with local tax laws and regulations. In the event that relevant authorities require Spec Markets to provide tax-related documentation or trading records, Spec Markets will cooperate fully as required by law. Please consult a qualified tax professional or your local tax authority regarding your specific reporting requirements.