SP100: real customer reviews, full overview, and expert recommendations
SP100 is a brokerage company offering a variety of services, from trading to investments. The website provides detailed information on trading conditions, as well as a section with reviews and an educational center. But is it worth trusting this platform, and can you make money on it?
General information about SP100
The official website of the company snp100.com supports several languages and is impressively designed. Here you can find information about various account types, trading conditions, and the advantages of working with SP100. However, there is no information about the company itself, its date of establishment, and place of registration. The site only features a small block of reviews from Russian-speaking clients, and access to the “User Agreement” and “Risk Disclosure” is only available in Russian.
It is also worth noting that all contact information and documentation are presented in Russian, suggesting the platform’s target audience.
Documents confirming the broker’s activities
The SP100 website lacks a section with legal information, but in the FAQ section, it is stated that the company is registered in the Russian Federation under the name “AVALON INVEST LIMITED | SUBSIDIARY COMPANY S&P 100” with the OGRN indicated.
It is important to note that the company’s registration certificate is available upon request, and the information can be verified in the registries. However, a check in the Unified State Register of Legal Entities may reveal that the company is in the process of liquidation, does not fulfill tax obligations, and provides inaccurate information about its legal address. Even the identity of the director and founder turns out to be false.
Thus, the organization is currently in the process of being excluded from the register for providing inaccurate information. Dealing with such a company can be dangerous and unstable for your investments.
Trading opportunities with SP100
Within the framework of trading on the SP100 platform, a wide range of assets is offered, including stocks, currencies, cryptocurrencies, metals, and commodities. Traders have access to five types of accounts, with a minimum deposit of 100 dollars.
Each client is offered various bonuses, the size of which depends on the deposit amount. The leverage policy is individual and will be adjusted during trading. Trading operations are carried out on the Webtrader platform, access to which is provided in the corresponding section of the website.
Review of reviews and recommendations
Analyzing user reviews and expert recommendations regarding SP100, it becomes evident that working with this company can be associated with high risks and loss of funds. Customer reviews indicate fraud and the unreliability of the information presented. The deceit and dishonesty of the company jeopardize the interests of traders.
Experts strongly advise against interacting with SP100, as it is an illegal company with a poor reputation that is in the process of liquidation. Dealing with such organizations can lead to financial losses and risks to your funds.