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  • Report:  #1147250

Complaint Review: SpotFN

SpotFN Binary Options Scam Internet

  • Reported By:
    ML — PIttsburgh Pennsylvania
  • Submitted:
    Fri, May 16, 2014
  • Updated:
    Thu, October 16, 2014

Do not do business with SpotFN.  They work with third-party auto trade who fill the internet with enticing videos of people making money with auto trading.  It's all a scam folks.  First thing is their auto trader does nothing but lose your money.  Second, when you attempt to make a withdrawal they don't let you.  Third, when you try to call them they won't answer their phone or chat if they recognize your name or number.  They're nothing but scammers.  Please stay away from SpotFN.

5 Updates & Rebuttals


T.Husted

Anaheim,
California,

to the happy customer/investor

#6Consumer Comment

Thu, October 16, 2014

You say they are ligit but above the person who worked for the company is admitting to their scams and unethical ways.   Ive been calling over and over asking why they havent paid me my withdrawal and I got 3 different people all hung up on me.  If they are ligit they wont hang up! So they already scammed me out of $225 not including my $115 im trying to get from withdrawal.  Stay away!!!!


Robert

San Jose,

Try this.

#6UPDATE EX-employee responds

Fri, September 26, 2014

You want to see if spotfn will pay you try and get a withdrawal, and if you took a bonus that just means they have more time to lose your money not more time to make you money. And i promise you that that are not a legit company, they are not even located in the UK they are located in Costa Rica, if they were so legit why lie to their clients? Having a rollover on money is just like gambling, this isnt suppose to be gambling this is suppose to be investing. And if they are making you money you might want to ask them how much you have in bonus cause i know you have more than you thought. That so you dont take your money out and that way they never have to pay you. Just try and get a withdrawal, they will tell you one of a few excuses, 1 you have not completed your rollover on you bonus, 2 you dont have your documents in order, or 3 they will make up an excuse if those dont apply. Trust me I know I worked there, that is how i know all this and if you think there are autotraders out there that are going to make you money forget it cause it will never happen, just another way to get your money. Have a good one.

Robert

P.S. Want to learn more google spotfn scam blog and you will see


Robert

San Jose,
Kansas,

SPOTFN BLOG MORE INFO

#6UPDATE EX-employee responds

Mon, September 15, 2014

spotfnbinaryoptions.wordpress.com SPOTFN scam company check out the blog


Jeff

Fountain Hills,
Arizona,

SpotFN

#6Consumer Comment

Sat, August 30, 2014

I deposited 250 dollars and quickly found it to be something I was not interested in. whenever I call before asking for a withdrawal the phone was quickly answered, since the withdrawal request, I'm on hold for up to an hour, and when my call is picked up the line goes dead within seconds (after holding for up to 60 minutes)

no answers to my e-mails and I have been attempting to get my remaining investment back for over two weeks.

definite scam company...


Tania

Royal Palm Beach,
Florida,

No problems here

#6REBUTTAL Individual responds

Thu, June 05, 2014

I have to say, I have been doing business with spotfn for about 3 weeks, I have never had a problem getting a return call, getting through to my account rep nor growing my investment.  In fact I have been extremely pleased for what they have been able to do for me. Maybe you should ask for a different account rep.It clearly states the policy of withdrawals on their website.  It also states it can take up to ten business days for a requested withdrawal. There are different affiliates that do advertise for spotfn,  that may not be completely upfront with their advertising,  but, I dealt directly with Spotfn itself and couldn't be happier. 

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