Spiral Capital Review: Syphoning Your Entire Capital

Professionalism and experience are just some of the things this broker lacks despite claiming to have them. Any trace of specialized service and quality features is lost in the sea of lies that these miscreants desperately cling onto. 

Join us as we expose the terrible trading conditions and worst brokerage service yet in our Spiral Capital review.

Completely Unknown

The conduct we’re reviewing today involves another suspicious entity with an entirely questionable existence. The office address we found on the site says that the firm is headquartered in Luxembourg. 

However, while trying to verify this information with the authorities in this country, we actually stumbled upon a warning. The alert was issued by the state regulator, CSSF, which said that the business was not granted permission to offer online financial services. So, is Spiral Capital legit? Evidently not. This warning was also posted by CNMV, which means that the fraudsters are targeting traders in Spain as well.

Regulation is the most important part of any business deal you strike online. Financial regulators have imposed strict requirements, such as segregated bank accounts and compensation funds, to protect client interests.

Victims Found Everywhere

We understand that Spiral Capital investment offer may sound attractive to beginner traders. After all, who wouldn’t want to find a deal that only requires them to throw in some cash and wait for guaranteed returns? This is what boiler room operators usually offer to their victims.

The truth is, unfortunately, far more grim than that. All the profits are entirely fictitious, and even the initial deposits are lost to scams. Victims from these countries can confirm that:

• Japan
• Australia
• Spain
• France

This unscrupulous site has been baiting newbie investors since 2023, so if you, too, are having issues with payouts, we recommend you contact us promptly.

Absence of Trading Technology

Another solid proof that this deal is nothing but a financial trap is the fact that there’s no trading software offered. Once you enter the client area, you will find options related to buying plans, boosting your account, and depositing. Alas, it has nothing even remotely related to a trading terminal. 

Without any software solution, it’s hard to believe that anyone could make a single cent on this shady portal. This is enough of a reason not to invest here at all. Another aspect of trading that clients are completely oblivious of is the available trading instruments.

Plans

Spiral Capital investing options are nothing we haven’t already seen on various fraudulent websites. When you take a look at the alleged passive income, you’ll immediately be drawn to deposit real cash. 

That’s exactly what the con artists want, which is why they’ve formed investment plans with the following features:

• Vip Plan – $5,000 – 5 % ROI every day for 365 days
• Gold Plan – $5,000 – 50% ROI once after 72 hours
• Advanced Plan – $1,000 – 30% ROI once after 48 hours
• Lite Plan – $20 – 10% ROI once after 24 hours

Costs Can’t Be Zero

The company makes an incredibly bold claim that they offer 95% of global assets with 99% efficiency. This outrageously profitable service doesn’t seem to come at any cost to the client, however.

After all, the website never mentions any fees, commissions, taxes, swaps, spreads, or other charges a legitimate firm would charge. Now, this may seem like an oversight on the fraudsters’ part at first glance, but it’s all by design.

You see, without a clear and unambiguous billing structure, the con artists can invent any fees they like at any time. Then, like with LWEX, clients will be asked to pay additional money to cover the fees. This is known as an upfront fee scam.

Crypto Withdrawals Only

The website advertises “Extensive” deposit methods that allow for great flexibility when it comes to payment options. In reality, the client dashboard features only direct crypto wallet transfers. This service isn’t automatic, and clients must register their investments through the boiler room agent. Supported blockchains are Bitcoin and USDT TRC20.

When it comes to withdrawals, the situation is similar, but with one twist—the payout never happens. After all, that’s what the people who posted Spiral Capital reviews claim.

Nobody Works in Support

Allegedly, there are two support methods for company clients. These include the email option and online chat. We’ve tried the online chat to get some info on the fees, but the chatbot told us that the team was offline.

After a while, we came back and came to the conclusion that the team is always offline, unless they decide to contact you first. This is done so that you have to go through the same scam solicitor that got you into this precarious situation in the first place.

Scammers Took Your Cryptos? Call Us For Help!

The Spiral Capital scam works similarly to Osprey FX in a way that they work almost exclusively through cryptocurrency transfers. This presents a unique set of hurdles when it comes to asset recovery.

Our expert team is well-equipped for this task. Using specialized software, we are able to confidently track cryptocurrency transactions. Should you require help with asset recovery, feel free to book a free consultation by using the live chat on our site.

FAQ