Beware! Invest International is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
Invest International prides itself on being amongst the leading brokers, providing a state-of-the-art platform that’s user-friendly, intuitive, and easy to navigate. In truth, none of it is true- the platform’s charts aren’t even scalable! That’s a scam, and we’ll discuss it in the full Invest International review.
Invest International REGULATION AND SAFETY OF FUNDS
Two things. First of all, Invest International states to be regulated by the Global Financial Authority, which indisputably proves that the broker reviewed is a scam. GFA is a fake regulator created by scammers to falsely legitimise fraudulent brokers. The same one also “licenses” other brokers we already reviewed- Windsor.fm, Lloyds-Capital and TradeMax.fm. We need no more to confirm that Invest International is a scam.
Secondly, the British financial regulator FCA thinks the same, too, and it even issued a warning against Invest International, officially exposing it as a scam scheme. Needless to say, your funds will be stolen if you deposit.
We already showed that Invest International is a scam, but we need to stress on the fact that it’s also unregulated, and we are going to explain why we do so. Unregulated brokers are anonymous and unaccountable, meaning that they can do anything with your funds. Most usually, they transfer deposits offshore where no one can actually track the money down. That’s why we recommend regulated brokers who are strictly monitored and bound by law to follow many customer protection rules that guarantee client’s funds won’t be mishandled or misappropriated. EU regulators achieve safety goals by forcing brokers to store clients’ money in segregated accounts kept by trustworthy banks. Thus, if a broker goes insolvent, people won’t lose their money but simply get it back with much fewer complications involved.
Now, check the high-rated EU brokers and British brokers on our lists. These companies keep deposits segregated and are further secured by the European deposit insurance funds laid down to make the environment even safer. Namely, CySEC brokers’ clients can get up to €20 000 in compensation, while the British guarantees are even up to £85 000- another layer of security that actually makes the European companies a preferred choice for seasoned traders and investors. Think about it.
Invest International TRADING SOFTWARE
Invest International provides MT4 and a poor Webtrader we can’t recommend to anyone. It’s worth mentioning that the MetaTrader distribution is delivered by Denarium, which also supplies the aforementioned Windsor.fm, TradeMax.fm and Lloyd-Capitals. We didn’t access the platform as we’ve analysed it three times already, but we’ll just remind you to avoid all brokers working with Denarium because that’s a scam.
Speaking of MT, we’d like to offer the high-rated licensed MetaTrader4 brokers and MetaTrader5 brokers topping both lists instead. We recommend the MTs due to the advanced indicators, excellent charting tools and sophisticated features such as algorithmic trading provided- great devices that can help you accumulate profits in the long run.
The EUR/USD spread is 3.2 pips, which shows that Invest International’s services are costly in general- $32 per lot traded or three times more than the industry standard. The leverage is 1:100, which is a risky ratio that’s no longer allowed in many countries worldwide. In particular, due to regulations, licensed EU, British and Australian brokers have to limit retail clients to 1:30 leverage for FX majors, while Canadian brokers and US brokers to 1:50, respectively. In contrast, most of the high-leverage brokers are unregulated, so you should be careful with them.
Invest International DEPOSIT/WITHDRAW METHODS AND FEES
The minimum deposit is €5000 allegedly via Credit/Debit cards, Wire Transfers and e-wallets like Neteller and TrustPay. However, when we tested the deposit system, it turned out that only Cryptos are accepted– a red flag because of the inconsistency nonetheless. Most importantly, though, as it asks for Cryptos only, Invest International doesn’t even need to register offshore companies because Bitcoin payments are anonymous and final, meaning that the money deposited disappear automatically after the transaction. In terms of safety, it’s always a bad idea to deposit Cryptos, especially with fishy unregulated brokers.
Anyway, while talking about funding, we’d like to offer high-rated Skrill brokers, Neteller brokers, FasaPay brokers, Sofort brokers, and Bitcoin brokers if you have a preferred e-wallet or a trusted payment system.
Invest International purports that there is no minimum withdrawal amount and requests are being processed free of charge, but that’s falsehood. The broker reviewed is an exposed scam, so any such claims are, in fact, fraudulent.
HOW DOES THE SCAM WORK
Invest International is an exposed scam, so make sure to steer clear of it and any other broker who has a warning on its name. Below, we’ll briefly explain how scams usually work, and Invest International is most likely tricking customers in precisely the same or very similar way.
Scammers won’t let go once they get your phone number and will constantly keep you on the line. If you fall into the trap and deposit, they’ll pretend to manage your account, and out of the blue, you’ll see mind-boggling profits in your account. You’ll probably believe that’s true and may ask to take the funds out. However, scammers will skillfully manipulate you to deposit again, promising even greater profits. In the worst case, you’ll do, as they say, hoping to make even more money. Well, that’s not going to happen, but those crooks will carry on asking for more, which will inevitably raise your suspicions. You’ll insist on getting your funds back, and then they’ll announce that you should pay a hefty tax if you want to withdraw your funds. At this point, the scam is apparent, and as soon as the fraudsters understand they can’t get more money out of you, they’ll simply stop answering your calls and e-mails.
WHAT TO DO WHEN SCAMMED
Getting scammed may have long-lasting consequences. If you fall victim to fraud, you need to look for help and reduce further possible risks. Deactivate your bank card immediately and call your bank to inform them what happened.
Quickly report what happened to the authorities, file a complaint, call the police. Seek help actively!
Then, it would be best if you didn’t act hastily because swindling funds recovery agencies and individuals are waiting to scam victims once again.
Finally, please share your experience; it’s important to protect others, too. Be responsible!