While the name sounds appealing, there’s nothing else we’d recommend regarding the Investing Dream broker. The company is offshore, unregulated, and lurking inexperienced investors.
Therefore, our Investing Dream review aims to show all the red flags and problems you may face. Let’s begin a detailed investigation of the brokerage.
Investing Dream is a brand of Mikato Trade LLC, registered in Saint Vincent and the Grenadines in 2021. The same firm owns another fraudulent brand, TopPrimes, which also vanished.
Therefore, we were searching for Investing Dream regulation with Tier 1 authorities such as FCA, CNMV, BaFin, and ASIC. As you can already guess, the firm had a good reason to choose SVG for its principal office. It’s easy to hide from all the license providers and just keep running the business without legal coverage.
Just for your understanding, if a broker is not regulated in your jurisdiction, you cannot count on the assistance of the Financial Ombudsman, nor can you get reimbursed from a compensation fund. This is the main reason to choose a safe, licensed broker.
Investing Dream is just a bogus website registered offshore. The company has had a number of regulatory warnings around the EU, which is why it vanished.
Finally, an independent securities organization, IOSCO, issued their own notice, adding investingdream.com to the list of illicit companies.
Our analysis has shown that Investing Dream broker was registered in 2021. Ever since, the company defrauded many, with the majority of victims being from:
No wonder we’ve got regulatory warnings from two out of three countries. When choosing a broker, remember to consult a local license provider and confirm the brokerage house.
Each broker needs great support that can convince you of its legitimacy. Of course, Investing Dream is no exception. The brokerage has trained a number of boiler room agents to present themselves as financial experts who are about to help you fulfill your investing dreams (no pun intended.)
These people will sell you from the first moment you register on their ads. They will convince you that you can make thousands of dollars overnight, you can buy a new car, a house, or anything else you desire.
They’re trained to understand your psychology and to find the “button” to press to convince you to deposit the money. Once you do, they will keep pressuring you for more and more money, trying to entice you to invest in more significant sums.
When there’s nothing left, they’ll block your number, and you won’t be able to reach them again.
The company advertises state-of-the-art WebTrader specially designed for professional traders. However, we couldn’t access it since the brokerage requires us to enter a promo code when registering an account.
Since this is a tactical move to force you to speak to broker employees and buy their telltale, we wouldn’t recommend it. We will, however, withhold from commenting any further on the software we cannot see.
Our honest recommendation is to find a regulated broker offering third-party platforms such as MT4, MT5, or cTrader. Each of them has millions of users due to the advanced functionalities they offer. Additionally, they all provide mobile apps for Android and iOS, which Investing Dream doesn’t.
With Investing Dream, you can gain access to six asset categories:
While it’s a pretty nice range with many possibilities, you should be aware that the firm has no license to offer to trade. Additionally, the leverage of 1:500 is extremely dangerous, as you can lose your cash 500 times faster unless you’re cautious.
Since the broker requires a promo code, we couldn’t even register an account, let alone access the Investing Dream Demo account.
It’s not uncommon. Scammers don’t want to offer you anything for free. Especially not access to something like a Demo account where you can test the platform and see how bad it is compared to MetaTrader or cTrader.
We advise you to register for risk-free trading directly on the MetaQuotes website, test your skills, then choose a legitimate broker offering just the platform you practiced on. It’s the best way to keep your money secure.
While we know nothing about the minimum deposit, we have an obscure Investing Dream Withdrawal Policy. According to it, you can use one of the following methods:
However, you can only use your card up to the amount you deposited as they will refund it. Excess funds, such as profits, must be withdrawn through a wire transfer.
The company offers 10-100% bonuses, but you cannot submit a withdrawal request unless you reach the bonus amount divided by four in lots. For $100, you must trade 25 lots or $2.5 million.
If you lose your money with Investing Dream, you must notify the authorities immediately. Our chargeback experts can help you file a dispute with the relevant institutions to recover your funds.
Don’t despair. You are not alone! Book a free consultation with us, and let us assist you with this matter.
Investing Dream is not a legit broker. The company vanished with clients’ funds. If you’re one of these clients, we may be able to assist you with fund recovery.
Investing Dream doesn’t offer its customers a risk-free Demo account.
The company offers a 10-100% deposit bonus with an outrageous clause regarding withdrawals.
Investing Dream is not a legit broker. The company vanished with clients’ funds. If you’re one of these clients, we may be able to assist you with fund recovery.
Investing Dream doesn’t offer its customers a risk-free Demo account.
The company offers a 10-100% deposit bonus with an outrageous clause regarding withdrawals.
The post Investing Dream Review – A Warning Of The Dangers Of Offshore Investment Scams appeared first on Global Fraud Protection.
