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Fake Spreadex

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Operating status: SCAM

Website: https://www.spresfx.com/en/

Broker violations and abnormal records
  • 2023-09-21 The HK SFC issued a Warning against Spreadex

    On 22 September 2023, the Securities and Futures Commission (FSC) issued a warning that Spreadex was providing financial services or products without authorisation. You may visit: https://www.sfc.hk/TC/alert-list/2948

    On 22 September 2023, the Securities and Futures Commission (FSC) issued a warning that Spreadex was providing financial services or products without authorisation. You may visit: https://www.sfc.hk/TC/alert-list/2948
  • 2023-09-21 BrokersView has Reviewed that ​Spreadex is an Unregulated Broker

    Spreadex claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. 

    The Securities and Futures Commission (FSC) issued a warning that Spreadex was providing finacial services or products without authorisation.

    The truth is that Spreadex is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Spreadex is a scam.

    Spreadex claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Securities and Futures Commission (FSC) issued a warning that Spreadex was providing finacial services or products without authorisation.The truth is that Spreadex is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Spreadex is a scam.
  • 2023-12-25 The FCA identifies Fake Spreadex as a clone firm

    On 22 December 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Fake Spreadex was a clone of FCA Authorised Appointed Representative, Wise Wealth Management Ltd. You may visit: https://www.fca.org.uk/news/warnings/sspreadexcom-clone-fca-authorised-firm

    On 22 December 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Fake Spreadex was a clone of FCA Authorised Appointed Representative, Wise Wealth Management Ltd. You may visit: https://www.fca.org.uk/news/warnings/sspreadexcom-clone-fca-authorised-firm

Related Complaints

Q&A

Is Fake Spreadex a scam?

JasonFord
Micronesia
2023-10-27
ANSWER Yes, Fake Spreadex is a scam.The domain "spresfx.com" was first registered in September 2022 but the website portrays itself as an over 20-year-old company in business. This discrepancy is a significant warning sign.What's more, Fake Spreadex falsely claims on its website that it is licensed by the Securities and Futures Commission (SFC) in Hong Kong, according to the warning issued by Hong Kong's financial authority. The SFC classified this platform as an unlicensed entity and cautioned the public not to deal with it, or they may not be protected by the regulatory framework enforced by them.Therefore, we strongly suggest investors avoid Fake Spreadex. It is highly risky to deal with this fake forex broker. Individuals engaging with it will lose their money and get involved in more unimaginable difficulties. To mitigate substantial risks of fraud and identity theft, it is recommended to choose fully regulated brokers.
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