ANSWER Dear Investor,
TradingSpear asserts that it operates under the regulation of Spear Capital LTD, a firm allegedly licensed by the Anjouan Offshore Finance Authority (AOFA) in Comoros. However, it is crucial to recognize that AOFA is an offshore regulator with a reputation for lax oversight and minimal international standing. Consequently, its regulatory standards are widely viewed as inadequate within the global financial community.
Although our checks confirm that Spear Capital LTD is listed in the AOFA registry, the authority does not publish or validate the specific website domains tied to its licensees. This lack of domain transparency makes it nearly impossible to verify whether TradingSpear is legitimately covered by this license.
Even more alarming is the fact that on November 24, 2025, the Australian Securities & Investments Commission (ASIC) released a public warning regarding Trading Spear. The regulator flagged the company for potentially offering financial products or services without the necessary authorization in Australia.
Given these significant red flags, we view TradingSpear as a highly risky platform. We strongly urge you to steer clear of this broker and instead seek out firms that are properly supervised by reputable, top-tier financial authorities.
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