InvestMarkets (aka Invest Markets) is a Forex and CFD broker operating under the domain investmarkets.com. Despite their claims of being owned by Arvis Capital Limited, a Belize investment firm, this broker is nothing but a sophisticated scam. Let’s dive into why you should stay far away from this broker.
Fake Ownership Claims
InvestMarkets claims to be owned by Arvis Capital Limited, a company whose investment license from Belize expired on 31/12/2021. This means that the broker is falsely claiming to be licensed and regulated when, in fact, it operates without any regulatory oversight. A company with an expired license is legally non-operational, making InvestMarkets’ operations completely illegitimate.
False Association with Forex TB
InvestMarkets also claims to be part of the same group of companies as Forex TB, a broker regulated by CySEC. However, this is another blatant lie. The CySEC regulator’s official website explicitly shows that the domain investmarkets.com is not an approved domain, meaning InvestMarkets is not associated with Forex TB or any other regulated entity. They are using the name of a legitimate company to deceive potential clients into believing they are dealing with a trustworthy entity.
100% Scam: Non-Regulated and Dangerous
InvestMarkets operates without any regulation, making it a 100% scam. Non-regulated brokers are notorious for engaging in unethical practices such as trade manipulation, high-pressure sales tactics, and illegal marketing strategies. InvestMarkets is no exception.
Trade Manipulation and High-Pressure Sales
Clients have reported suspicious activities including manipulated spreads and prices, making it impossible to win trades. The broker’s high-pressure sales tactics are designed to coerce clients into depositing large amounts of money with promises of huge returns, only for their accounts to be drained by deceitful practices.
Abusive Marketing Tactics
InvestMarkets uses blackhat marketing techniques, including the promotion of dubious cryptocurrency trading algorithms by influential figures. This is not only unethical but also illegal, as it misleads people into believing in false promises of guaranteed profits, which never materialize.
Conclusion: Avoid InvestMarkets at All Costs
InvestMarkets is a non-regulated broker that thrives on deceit and manipulation. Their false claims of legitimacy, unethical marketing tactics, and manipulative practices make them a dangerous option for any trader. If you value your money and your peace of mind, stay away from InvestMarkets.
The Dangers of Non-Regulated Brokers
Danger | Description |
---|---|
Lack of Regulation | Operating without any oversight, making them free to engage in illegal activities. |
Trade Manipulation | Prices and spreads are often manipulated, making it impossible to win trades. |
High-Pressure Sales | Clients are aggressively pushed to deposit more money with false promises of returns. |
No Legal Recourse | Without regulation, victims of fraud have no legal protection or recourse. |
Abusive Marketing | Illegal and misleading promotions, often using influential people to lure clients. |
Difficulty Withdrawing Funds | Clients often face hurdles or outright refusal when attempting to withdraw their funds. |
In summary, InvestMarkets is a fraudulent broker that should be avoided at all costs. Their lack of regulation, manipulative practices, and deceptive marketing strategies make them a high-risk option for any trader. Save your money and your sanity by steering clear of this scam.
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