spotyfx.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: spotyfx.com.
spotyfx.com had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Transparent fees|Clean UI|Fast deposits
Cons: Limited ETF selection|Mobile app could be improved
Opened my account with spotyfx.com after a trusted YouTuber reviewed them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Copy trading available|Professional team
Cons: Website design could be more modern
spotyfx.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Helpful community forum
Cons: Mobile app could be improved
My withdrawal from spotyfx.com was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.
Pros: Copy trading available|Demo account available
Cons: Wish they had more educational resources|Charting tools need more indicators
spotyfx.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Comprehensive tools|API access|Automated trading options|Regular platform improvements
Cons: No phone support on weekends
I gave spotyfx.com a fair chance. After since mid-2025 of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Copy trading available|Clear documentation|Professional team|Customizable dashboard
Cons: Currency conversion fee exists|Wait times can be long during peak hours
What really bothers me about spotyfx.com is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a financial advisor and I fell for the polished exterior. Never again.
Pros: Real-time alerts|Personal attention|Copy trading available|Good analytical tools
Cons: Limited demo account features|Live chat only during business hours