Spotinvest Review : Fees, Pros and Cons, Reviews by Real Traders

Spotinvest

Operating status: SCAM

Website: https://www.spotinvest.com/

Broker violations and abnormal records

Oct 16, 2022 The Spain CNMV Added Spotinvest into Its Warnings
On 17 Oct 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Spotinvest was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=WWW.SPOTINVEST.COM

On 17 Oct 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Spotinvest was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=WWW.SPOTINVEST.COM
Oct 17, 2022 BrokersView has Reviewed that Spotinvest is an Unregulated Forex Broker
Spotinvest claims to be operated by Primis LLC, a company registered in Saint Vincent and the Grenadines with registration number 1860 LLC 2022. So we seached Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.
Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Spotinvest was not authorised to provide the investment services in Spain.
The truth is that Spotinvest is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Spotinvest claims to be operated by Primis LLC, a company registered in Saint Vincent and the Grenadines with registration number 1860 LLC 2022. So we seached Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Spotinvest was not authorised to provide the investment services in Spain.The truth is that Spotinvest is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Nov 22, 2022 The UK FCA Warns that Spotinvest is a Clone Firm
On 23 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Spotinvest was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/spotinvest-clone-fca-authorised-firm

On 23 Nov 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Spotinvest was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/spotinvest-clone-fca-authorised-firm
Apr 27, 2023 The Ontario regulator OSC issued a warning against Spotinvest
On April 28, 2023, the Ontario Securities Commission (OSC) issued a warning against Spotinvest, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/spotinvest-inc

On April 28, 2023, the Ontario Securities Commission (OSC) issued a warning against Spotinvest, stating that this broker is not registered in Ontario to engage in the business of trading in securities: https://www.osc.ca/en/investors/warnings/spotinvest-inc
Jun 04, 2023 The Belgian FSMA added Spotinvest to its warning list
On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Spotinvest to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0

On June 5, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Spotinvest to its warning list as a fraudulent trading platform: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-0

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