Spada Otp Bank Review

Spada Otp Bank Details

Spada Otp Bank is an online investment company owned by SPADA OTP BANK. The company is located at Richtstrasse 16, 7007 Chur, Coire, Switzerland.

To contact Spada Otp Bank, their support team can be reached via phone at +4917694915977 or by email at contact@spada-otp-bank.com.

Their website can be found at : spada-otp-bank.com

It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including Spada Otp Bank.

To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: and .

Is Spada Otp Bank Legit or a Scam?

When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification(s). This will tell you whether they are regulated by a central authority or if Spada Otp Bank is an offshore and/or unregulated entity.

Sadly, Spada Otp Bank is not regulated or authorized to operate by any major regulatory authority. As a result, withdrawing from this company might prove to be challenging if they choose to ignore your request or suspend your account for no valid reason.

If an investment company lacks a license from the regulator in your jurisdiction, it basically means that they are unregulated in your country and should be avoided. Therefore, even when a company is regulated, it is still preferable to avoid it if the regulator is located outside your jurisdiction.

Read more about this topic in our dedicated article: Financial Regulatory Authorities.