✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in SPEXTRADE. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about SPEXTRADE and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitespextrade.net
🏠 Company*does not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 Address3457 S LYN HAVEN DR KENTWOOD MI49512, United States

⚠️ SPEXTRADE does not mention who owns it, the company is located in the United States, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the types of accounts that SPEXTRADE offers, in this case, we observe that it does not offer types of accounts.

Information on the web

SPEXTRADE website

SPEXTRADE provides a basic explanation of the financial products it offers, market news and analysis, personal experiences, live charts, really not much more than this.

List of phone numbers

+1 (413) 345-5454

🚫 SPEXTRADE Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH SPEXTRADE.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about SPEXTRADE:

Date Update – news
August 2023Complaint against SPEXTRADE of financial regulator BCSC

User Reviews

[democracy id = ”8425 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with SPEXTRADE.

At the end of the review you will find customer comments.


How to Claim Money scammed by SPEXTRADE

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report SPEXTRADE

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report SPEXTRADE?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is SPEXTRADE a scam – is it a scam?

Yes. We believe that SPEXTRADE is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is SPEXTRADE reliable?

No. SPEXTRADE is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from SPEXTRADE?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to SPEXTRADE?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

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