Is Spotx Markets a scam?

https://www.spotxmarkets.com/

Spotx Markets appears to exhibit characteristics of a fraudulent operation.

The company's website is currently inaccessible, and its registration with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) has been revoked.

These negative indicators imply that Spotx Markets is not under any regulatory oversight, thereby posing significant risks. Consequently, if this entity continues to operate, it could potentially be classified as a scam. Investors are strongly advised to exercise caution to avoid becoming victims of fraud and identity theft.