Stocks and Options Broker
Springs Trade, that’s an interesting name. But we are interested to see what the company offers. More importantly, we want to find out whether this company is trustworthy or not.
Following, we will review this broker and find our answer. Care to stick with us?
About Springs Trade
Spring Trading is Stock and Options, Broker. The company doesn’t deal with forex option or cryptocurrency if that matters. The company has a high payout rate of 81%. The company says FCA licenses it; we will get to it in a minute. The company offers a web-based trading platform. It offers exceptional learning material.
What it Offers
The company has many great incentives in place. It offers four different trading accounts. The trade has no commissions and offers high payouts. The company offers various options to different users. It tries hard to enhance your trading experience. The company charges no commission and gives full access to the education centre. It also offers 24/7 support.
- No About Us
The company is not clear about who it is and what it offers. There is an about us section, but it’s of no use. If you wanted to know about company’s history and background, the about us section is not going to help you! You better take your search to the internet.
- High ROI
Wear not saying that high ROI is a bad thing. No, we want to see how the company plans to stand true to its commitment. The company offers next to no information about itself, lest how it plans to achieve high ROI. Yes, the proprietary web-based trading platform is nice but its waste if the company robs you.
- No Community
The internet doesn’t have much to say about this broker. If you try to search, you won’t find anything useful. Every major forum and social group are silent about this broker, and this has got our attention. We wish to know how a years-old broker doesn’t have any online community. After all, these things help to spread the good word.
We are hard pressed to say that you should not trust this company. Springs Trade is a fraud. The company would have nothing to offer, no background, no history or anything else if it mattered. This is at best a rebranding of an old scammer who wants to fool more people. This time, the less fortunate ones So stay away from it.