Post your settings for the VFD.
How fast does it spin?
The key parameters to look at are:
Base Frequency - probably either 300 or 400Hz basically your max speed
Run Frequency - set to your max for testing
Max Current - set to your spindles max current - a little safety buffer
Number of poles - again, match your spindle.
Ramp time - 5 seconds ought to do it.
As a total guess, your base and run frequencies might be set so low that your spindle won't turn.
-Andy B.
http://www.birkonium.com CNC for Luthiers and Industry http://banduramaker.blogspot.com