Score

1.33 /10
Danger

OnspotBNK

Netherlands

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index5.59

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

OnspotBNK · Company summary

Since OnspotBNKs official website cannot be opened for now, we could only piece together the rough picture of this brokerage firm by gathering some relevant information from other websites.

Basic Information
Registered Countries Netherlands
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform N/A
Trading Assets N/A
Payment Methods N/A
Customer Support Email & Telephone support

General Information

OnspotBNK seems to be an online trading broker that was not established long, with an operating time of less than one year. Since this brokers official website cannot be opened for now, we were unable to obtain more information about minimum deposit, account setting, leverage, spreads, commissions, and more.

OnspotBNK is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.03/10. Please be aware of the risk.

wikifx-score

Leverage

Leverage cannot be found anywhere, and here is the leverage rule: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

If you have any inquiries or trading-related issues, you can either call this broker at +44 7558 493847 or send them an email through support@onspotb.com.

Company Address: Zeelandseweg 28, 5453 RS, Langenboom

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None Insufficient website
Inaccessible official website
Poor customer support

Frequently Asked Questions

What items can I trade with on OnspotBNK

What trading instruments offered by OnspotBNK is not mentioned.

Where was OnspotBNK registered in?

OnspotBNK was registered in Netherlands.

What is the maximum leverage available?

The maximum trading leverage that is available on the OnspotBNK platform is not mentioned anywhere.

User Reviews

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User comment

4

Comments

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Jurek
more than one year
This is a scam. They took my 1000 Euro and shut me down completely. Stay away from this thief's.
This is a scam. They took my 1000 Euro and shut me down completely. Stay away from this thief's.
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2023-08-30 01:25
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初贰
more than one year
I sent the referral link to my friend and he opened an account on this platform, but I haven’t received its referral bonus until now. I contacted customer support, but they didn’t response me.
I sent the referral link to my friend and he opened an account on this platform, but I haven’t received its referral bonus until now. I contacted customer support, but they didn’t response me.
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2022-12-19 12:51
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