Spread Flow Network is a contract for difference (CFD) broker whose official website domain was registered on September 7, 2023. This broker mainly provides investment services to investors in various trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to the publicly available information on Spread Flow Network’s official website, the broker was established in 2016 and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed its company entity registration information or detailed regulatory information.
After verification, the Australian Securities and Investments Commission (ASIC) has no records of a regulated company by the name “Spread Flow Network.”
Therefore, Spread Flow Network is essentially a scam broker website with no company entity and no regulatory oversight.
Account Opening Process
The account opening process for Spread Flow Network trading accounts is as follows: Visit the broker’s official website, click on “Open Account” on the homepage or “SIGN UP” at the top right corner of the webpage to enter the account registration page. Fill in your name, email address, and other personal information as required, set a login password, and submit. After submitting, verify the account to complete the registration successfully.
Trading Products
Spread Flow Network offers a variety of trading products including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies and is known for its high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific industry without trading individual stocks. By exploring popular indices, diverse trading opportunities can be found, and high leverage can be used to enhance potential returns.
- Commodities: Commodity trading covers essential global market resources, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning profits based on company performance and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Spread Flow Network offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: $500
- Minimum expected profit: $3,500
- Maximum expected profit: $5,000
- Trader 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
- Enjoy all benefits
- Trader 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
Spread Flow Network offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds. The platform supposedly has over-comprehensive liquidity providers and executes more than 12,000 orders per second. However, clicking on the provided download link shows the MT4 trading platform, and no broker named Spread Flow Network was found on the MT4 platform.
Deposits and Withdrawals
Spread Flow Network supports deposits and withdrawals via credit/debit card, bank wire transfer, and cryptocurrencies.
Conclusion:
Traderknows reminds investors that Spread Flow Network 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.
