investspheres.live is a CFD broker whose official domain was registered on March 21, 2024. This broker offers investment services in various trading markets including forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries or regions where doing so might violate local laws or regulations.
Company Registration and Regulatory Status
According to public information on its official website, investspheres.live was established in 2016, claiming its entity to be VLS and regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed detailed company registration and regulatory information.
Upon verification, there is no record of a regulated entity named "VLS" with the Australian Securities and Investments Commission (ASIC).
Hence, investspheres.live is essentially a fraudulent brokerage website with no company entity or regulatory oversight.
Account Opening Process
The account opening process on investspheres.live: Visit the broker's official website, click on "Open Account" on the homepage or "SIGN UP" at the top right corner to enter the account registration page, fill in the required personal information such as name and email, set a login password, submit and verify the account to register successfully.
Trading Products
investspheres.live offers its clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices offers diverse trading opportunities and leveraging options to enhance potential profits.
- Commodities: Commodity trading covers essential global market resources, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in public companies' price movements, earning profits based on company performance and dividends without actual stockholding.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
investspheres.live offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Traders' education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Full set of benefits
- Traders' education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use any broker
Trading Platform
investspheres.live offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second through comprehensive liquidity providers.
Deposits and Withdrawals
investspheres.live does not support deposits and withdrawals via credit card or bank transfer, only facilitating transactions via cryptocurrencies.
Conclusion
Traderknows reminds investors that investspheres.live is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
