In this section we will tell you why You should NOT invest in Spotyfx. 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 Spotyfx and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitespotyfx.com
🏠 CompanyNVS LLC
RegulationNot regulated
📧 Email[email protected]
📈 PlatformWeb trader
📌 LocationSan Vicente y las Grenadines

⚠️ Spotyfx is owned by NVS LLC, the company is located in Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected.⚠️

Account types

Now we will analyze the types of accounts that Spotyfx offers, in this case, we observe that it offers 4 different types of accounts:

Account typeMinimum initial deposit
Microphone$ 250
Standard$ 5.000
Pro$ 15.000
VIP$ 50.000
Infinite$ 100.000

Information on the web

Spotify website

Spotyfx provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, really not much more than this.

List of phone numbers

+442081576365

🚫 Spotyfx Final Rating 🚫

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

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 Spotyfx:

DateUpdate – news
-No news at the moment

User Reviews

What do you think of Spotify? What has been your experience?

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

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


How to Claim Money scammed by Spotyfx

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 Spotyfx

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.

Frequently Asked Questions

How can I report Spotyfx?

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 Spotyfx a scam – is it a scam?

Yes. We believe Spotyfx 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 Spotyfx reliable?

No. Spotyfx 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 Spotyfx?

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 Spotyfx?

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


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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.

4 comments on «Is Spotyfx a scam? Opinions of 2023»

  1. Mary of Fatima Reply

    Hello, my name is Fatima, I am from Spain, I was scammed by the SpotyFX platform for more than 2.800 euros. Everything was going well but I wanted to withdraw my money, they always made a thousand excuses, and according to the platform I had earnings of €8.400 but they did not help to withdraw the money

    I have invested money in SpotyFX and now they won't let me take it out! How can I withdraw my money?

    • Recommended-brokers.com Reply

      Hello María de Fátima, thanks for writing about Spotyfx. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Jose-co Reply

    They are pressuring me to invest here, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hello José-co, thanks for writing about Spotyfx. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      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 check the form in this link: CLAIM YOUR MONEY

      Greetings.

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