Spotrade is pinned to our watch chart for a reason. When our cartographers traced the operation, the trail lined up with an official warning record rather than with any verifiable licence.
What the chart shows
On 14 January 2025, the British Columbia Securities Commission (BCSC) issued a warning that Spotrade was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2025/spotrade
Red flags on the map
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
If you have funds with Spotrade
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.