Finsa Investment Limited review – 5 things you should know about

Finsa Investment Limited review – 5 things you should know about

Rating: 1

Beware! Finsa Investment Limited is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


There is absolutely no way that Finsa Investment Limited is regulated. We got to this conclusion the second we opened the website. The turning point for us was the logo and the odd choice of colours. First of all the logo is blurred while the purple colour is perhaps the worst pallet choice ever for a broker. Purple is the last colour that we would ever think of when someone tells us forex brokers. It is in no way appropriate to the interface of any brokerage company. And this is without taking in consideration all the other issues that this company has. The following review will disclose all the major issues with this suspicious company.

The registration process did not take long to finish and the end product was a user area that was incredibly simple and unprofessional. It had a very old school feel and not in the good way. It felt as if it had not been upgraded in quite some time and it just does the bare minimum.

Unfortunately, we had no way to access the web trader that was obviously there because the broker never gave us a login password. And furthermore, we found no way to get this password. We believe that only the chosen users get access to this web trader. We define those users as clients that will eventually invest.

As for the review, we had no choice but to take all of the training information from the website which is not the best idea but it is all we have left.

According to the website, there are six different account types, however, most unregulated brokers just promote account types but never actually deliver on them. The leverage is capped at 1:200 for the standard account type, while the available trading instruments are forex currency pairs gold silver oil, stocks indices. and commodities. We could not find any spread value and even if we did, we would not really trust it. So it doesn’t make a difference.

The website of the broker is available in English and Russian.


Any legal issues that arise between user and broker will be brought into the courts of the United Kingdom, according to the legal documents. This would suggest a UK held forex licence but there is no proof of this. If the broker really is located in the United Kingdom -as this provision in the legal documents -suggests then it is operating in the UK without a licence thus completely outside of the law.

The home page reveals some very unfounded things about licences. We find claims that the broker is regulated by the FCA, CySEC, the Dubai Financial Services Authority, the Capital Markets Authority of Lebanon, and the Labuan Offshore Financial Services Authority. The good news is that none of these regulate the broker. The bad news is that none of these actually regulate the broker. This means that the broker is not regulated and is a risk to everything from making an investment to providing personal information.

Investing in unregulated brokers is basically throwing your money out of the window. They will very rarely return your money, and even if that happens it would cost the user an incredible amount of headache and time.
That is why we encourage users to only trade with regulated brokers. Please, once you enter a broker that you think is worth investing in always check for a license before doing anything else.
We recommend UKEUUS, or Aussie brokerage firms. All such regulated brokers are very trustworthy and offer safe and secure trading grounds.
Furthermore, agencies like the FCA and CySEC offer user compensation funds that are applied only when the broker at hand is not able to pay back to user due to insolvency. CySEC guarantees up to €20 000 per person, while the FCA guarantees up to £85 000.


In the user area, there was a downloadable desktop trading software that did not come with the broker’s own trading servers. This means that this stand-alone desktop software was not owned by the broker and is completely irrelevant to this experience.

What’s we were left with was a web Trader. However, even at this point we cannot tell you anything about the web trader. There is also a very slight chance that the training software does not exist.


According to the user area users who wish to deposit funds can do so only by means of a credit card. There are no other depositing methods revealed anywhere. The micro account type is opened after an initial deposit of €500, while the standard account type is opened after a deposit of €5,000.

Withdrawal information is held to a minimum the only way to take out money is by means of a bank transfer there is no processing time revealed anywhere, and no fees.

This is yet another fraudulent broker that will try to steal your money.

How does the scam work?

It’s almost ironic that’s one of the most popular ways to get scammed by a forex investment fraud is incredibly simple to grasp. If you look at it constructively, the way a scam works is that it follows a couple of incredibly simple steps that nevertheless take a lot of experience and authority to pull off.

In fact, investment scams are so effective not because of the way they are structured but because the people that are behind them are very talented at human manipulation. They have an arsenal of psychological and behavioral tricks.

Indeed, the hardest part of any scam is to actually be introduced to the scammer in person which happens most of the time by phone but it can also occur by email correspondence.

The quickest and most effective tool they have is online ads. Fake and misleading ads are ubiquitous over the internet. They continually evolve into becoming more and more legitimate-looking while retaining their complete scammer nature. Everybody has seen at least a couple of these ads: they promote a carefree life, luxurious products on the go, beautiful women, and other very expensive and realistically unattainable stuff.

Behind these ads are the investment scammers. Once you end up on the website you will be asked to provide a phone number or an email address for the sole purpose of being contacted by the broker.

The representatives of the scam will ask you to invest. He or she will use an array of tactics to make you invest. This is a solicitation and nothing else. Investing an initial deposits will build trust with the scammer and can potentially lead to more and higher investments.

If the user continues to invest and trusts the broker, he or she will continue to invest money that will be very hard to retrieve.

And once the time comes to actually get your money back or at least withdraw a profit, the true scammer nature of the company will reveal itself. The broker will either block your accounts, close off all communications with you, shut down the entire website, or stall all requests. At times it can even pay you back a percentage of your deposit and profits in order to create a false sense of security.

What to do if scammed?

Now, the quickest way to get your money back is to file for a chargeback with your credit or debit cards provider. However, this applies only to those users that have actually lost money by means of a card. MasterCard and VISA have a chargeback period of 540 days.

Bank transfers are harder to get back. First of all, we always encourage users to immediately change their bank account username and password. And then to contact the bank itself and try to find a solution to the problem together. The banking institution might have a specific section that deals with similar issues.

One sure way to lose all of your deposit is to invest in a regulated broker via any sort of cryptocurrency. Even in today’s world, crypto transactions are untraceable making crypto deposits the most popular investment gateway used by unregulated brokers. All funds invested through a crypto wallet are definitely lost.

And a warning to all readers! Do not trust the self-proclaimed recovery agency or agencies whose promises of returning all your funds are as misleading as the broker scam itself. They will take the initial fee charged for the false services and will disappear with the money.

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