Once you see the broker backing out of business you know they were shady ones. In this case, it wouldn’t be surprising that the company comes back with a different brand.
What was the clear sign of this investment scam is the company’s anonymity. They are not sharing any of the ownership or contact details whatsoever. Yet, they want you to trust them with your hard-earned money.
Practically, the company lures new traders everywhere. Through marketing campaigns, social media and even referral programs. In any case, they promote quick money-earning schemes. With their manipulative web-based platform it’s easy to make it happen. However, the data presented is completely fictive and that’s what gets traders to deposit more money.
However, when they want to get the money out they experience multiple issues. Firstly with document verification that the broker requires due to AML laws. Secondly, with non-existent fees and taxes. But once they realize you are not paying anything more they will freeze your account and vanish. If you recognize any of these things, feel free to contact us for advice on the next steps.
As can be seen, Investorexscam is already exposed. They were mainly scamming traders from:
Yet, it’s not necessary to mention that especially for the UK, they must be licensed. Therefore, learn these things to avoid similar things in the future. But if you want to know how to protect your money and what safe transferring options are where you can recover money, feel free to book a consultation with our team.
Instead of trusted third-party software, you could only get a proprietary web-based platform. The main benefit of cTrader or Meta Trader is transparency and security. Yet, this company had only one goal. Which is to extort money from traders. That’s why they offer only basic features on their platform that will serve their needs. Not yours!
To make it even worse, investorexpro.com doesn’t offer dedicated mobile app. In general, it’s more complicated because you have to use your browser to access the account. Practically, nothing positive attracts traders to use their platform.
As for the trading instruments, it’s quite easy to fake access. These web-based platforms generally take data from other sources and implement it into their website. That’s why they can have assets like:
Investorexpro scam broker doesn’t reveal the minimum deposit requirement. There are several account types that you can choose from. Those are
Another downside of investing with this broker is the lack of a demo account. It’s the key feature for traders to test the software and see if the broker matches their promises. Yet, with this broker, you are entering the journey blindly.
As an additional downside comes to the leverage. In Europe, the maximum allowed one is up to 1:30. However, this broker offers 1:400. Without negative balance protection it can easily wipe off your account balance.
But if that doesn’t do so, their unknown spreads and fees will do. Also, it’s not rare that scam brokers require traders to pay some taxes. But have in mind that you are obligated to pay taxes to your government not to them.
Another scamming tactic is Investorexpro’s welcome bonus. The company doesn’t reveal how much bonus they give.
But there is a clause that requires traders to make 30 times bigger rollover to get a withdrawal. A standard tactic often used by swindlers.
According to very few reviews we could see, it’s not possible. Now especially since the company is shut down.
But even if they are active, many clauses may prevent you from withdrawing anything. In general, that’s why traders shouldn’t trust non-regulated brokers.
Since the company is not regulated you can’t file a complaint anywhere. The only solution is to start the refund process. Depending on the funding method you used, you have different procedures.
To know what your next move should be, the best option is to talk with our experts. Most importantly, consultation is free of charge and without any obligations. Live chat is also available for the fastest response.
Investorexpro broker offers FX and CFD trading services worldwide without any licenses for such activities.
No. Unless you make a deposit and activate a real account you can’t test their platform and examine their trading conditions.
No. They are not regulated and there are multiple warnings against them. But if you did, get in touch today with us to find out how to get it back.
The post Investorexpro Review – Warning Signs All Over The Place appeared first on Global Fraud Protection.