How to Say "misleading" in Spanish
The Spanish word for “misleading” is “engañoso” — B1 level.

Examples
Las apariencias son engañosas.
Appearances are deceptive.
Ese anuncio de internet es muy engañoso.
That internet ad is very misleading.
El examen tenía varias preguntas engañosas.
The exam had several tricky questions.
Changing the Ending
Since this word is an adjective, you must change the 'o' to an 'a' if you are describing something feminine (e.g., 'la publicidad engañosa').
Word Order
In Spanish, you usually place this word after the person or thing you are describing, like 'un precio engañoso' (a misleading price).
The 'Deceptive' False Friend
Mistake: “Using 'deceptivo' to mean misleading.”
Correction: Always use 'engañoso'. 'Deceptivo' is not a real word in Spanish, even though it sounds like the English word 'deceptive'!
Related Translations
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