Review Time
Right from the start this platform seemed complicated with a 1 to 100 leverage that appears good but that you are not told there is daily fee using that leverage and also a monthly fee as well. I started off with Alex and lost my money very quickly. I then went with Anna who explained more about it to me than Alex and with a big push that you don't loose your money unless you withdraw on a negative trade. But the longer you leave it there the more these fees take and take and take until there is nothing left. They make it sound like it's a legitimate platform when in fact they have just semi legalised a scam that is the same as a Dex platform. So please be warned if someone contacts you from TradingSpear.com that you are being asked to invest and then slowly watch your money disappear. Don't get sucked in with the 1 to 100 leverage because the whole platform is being manipulated.
Right from the start this platform seemed complicated with a 1 to 100 leverage that appears good but that you are not told there is daily fee using that leverage and also a monthly fee as well. I started off with Alex and lost my money very quickly. I then went with Anna who explained more about it to me than Alex and with a big push that you don't loose your money unless you withdraw on a negative trade. But the longer you leave it there the more these fees take and take and take until there is nothing left. They make it sound like it's a legitimate platform when in fact they have just semi legalised a scam that is the same as a Dex platform. So please be warned if someone contacts you from TradingSpear.com that you are being asked to invest and then slowly watch your money disappear. Don't get sucked in with the 1 to 100 leverage because the whole platform is being manipulated.
The whole experience started off really well, the education and step by step training by "Alex" was good. However i realised it was not for me and submitted the application to withdraw the $1000 I invested. That's when everything went down hill. The deceptive comments and actions to avoid paying the money - it dragged on for over 2 weeks - they even cancelled my applications, I was told they had changed the payment method, so we tried that. No Change. I now find that all the funds in Equity is ZERO. - what chance have I got now.
This is what I found No one wonder i didn't get my funds back .......And anyone writing a good review must be connected to these scammers Violation RecordsThe ASIC issues a warning against Trading Spear(aka Spear Capital Ltd)Nov 24, 2025On Nov 24, 2025, the Australian Securities & Investments Commission (ASIC) issued a warning against Trading Spear(aka Spear Capital Ltd), believing this company might be providing financial services or products without proper authorization
The whole experience started off really well, the education and step by step training by "Alex" was good. However i realised it was not for me and submitted the application to withdraw the $1000 I invested. That's when everything went down hill. The deceptive comments and actions to avoid paying the money - it dragged on for over 2 weeks - they even cancelled my applications, I was told they had changed the payment method, so we tried that. No Change. I now find that all the funds in Equity is ZERO. - what chance have I got now.
I watched the entire video presentation on Facebook and decided to investigate further, so put in my details and waited for the promised phone call. I got calls from 3 different numbers, all of which were previously blocked as SPAM. I received an introductory email with a link to a website. When I clicked on the link, NORTON blocked access and labelled it as a malicious site. Not going any further. Also, their claims of how much money can be made daily are unrealistic.
Ever time I attempt to connect my safe account locks me out.And I spent some time on my 1t trade. NOW NOTHING. No phone calls no contact. I don't remember the amount of funds i put in the program 3 to 4k something like that.So it has now been many months since starting NO result.
When I responded to the Facebook advertisement I was paired with a Trading Spear representative said that he would assist me with picking and maintaining FX positions. All he did was pick 2 FX pairs and it went in the wrong direction, so he just said take a negative position in the other direction and suddenly my capital is now gone. His answer " trading with small balances during historic movements isn't ideal". He says just put more money into account!
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