✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company SPINDLETRADES is a safe company or an unreliable company. Read our full analysis to find out everything!
We analyze the website, observe every detail and 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...
Below we will show you essential information about SPINDLETRADES and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | spindletrades.com |
| 🏠 Company | Unmentioned |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | Own platform |
| 📌 Address | Canary wharf London, United Kingdom (fake) |
| 🕑 Website age | Website registered on: May 18, 2023 |
| ❓ Company type | Currency Broker, Cryptocurrencies, Stocks, ETFs |
Company: SPINDLETRADES does not mention which company it belongs to.
Location: SPINDLETRADES mentions being located in the United Kingdom, however this is false information.
We can already tell you that we are concerned about several characteristics of this company.
What is SPINDLETRADES?
After having carried out an analysis of the company's website, we can say that SPINDLETRADES is a broker for Currencies, Cryptocurrencies, Shares, ETFs.
Account types
The platform offers 4 different accounts to carry out operations:
| account type | minimum initial deposit |
|---|---|
| Basic | $200 |
| Silver | $1,000 |
| Gold | $5,000 |
| Diamond | $25,000 |
Information on the web
Here we show you a screenshot of the SPINDLETRADES website, which is spindletrades.com. The capture was made in APRIL 2024.
Contact: phone numbers and email
– We have found the following phone number: +4468120247720
– We have found the following email: [email protected]
Regulation of SPINDLETRADES
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Final SPINDLETRADES valuation 🚫
After checking SPINDLETRADES In detail, it is evident that this online broker is not the safest option for investors. Although the website promises a wide range of investment opportunities, from forex and cryptocurrencies to stocks and ETFs, there are several red flags that indicate it is not as reliable as it claims to be.
First of all, the actual location of this broker is unknown, which is quite disturbing. Furthermore, we found false testimonials on the website, as well as a false tax address in England. This raises serious questions about the transparency and integrity of the broker.
The lack of regulation is another cause for concern. SPINDLETRADES It is not regulated by any recognized authority, which means that investors do not have the necessary protections when trading on this platform.
But the most alarming thing is that the British regulator FCA has issued a warning against SPINDLETRADES, identifying it as a “clone firm” that pretends to be a company authorized by the FCA to deceive people. This warning, along with signs of false data and lack of regulation, suggests that SPINDLETRADES is an extremely risky option for investors.
From the Recommended brokers, we strongly recommend avoiding SPINDLETRADES and looking for safer and regulated alternatives to protect your investments and your financial peace of mind. It is important to be cautious and make informed decisions when choosing an online broker.
Investing money is an important decision and we want to make sure our readers are protected and well informed. If you have any questions or need more guidance on how to choose a reliable broker, do not hesitate to contact us. We are here to help you make sound and safe financial decisions.
Updates
News about SPINDLETRADES:
| Date | Update – news |
|---|---|
| March 2024 | Complaint against SPINDLETRADES financial regulator FCA |
We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with SPINDLETRADES.
At the end of the review you will find customer comments.
How to Claim Money Scammed by SPINDLETRADES
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 SPINDLETRADES
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
Are there (recommended) alternatives to SPINDLETRADES?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report SPINDLETRADES?
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 SPINDLETRADES trustworthy?
No, SPINDLETRADES is not reliable at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by the FCA, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!
How to recover money from SPINDLETRADES?
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.
This company is a scam. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.
Hi Samantha, thanks for writing about SPINDLETRADES. Currently this broker is considered a SCAM.
If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.
If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.