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Abstract:Crypto InvestmentFX was officially exposed as scam by the British regulator FCA, which issued a warning against the brokerage!!!
Lets cut to the chase, on our next screenshot you may check the recent warning issued on September 20th against Crypto InvestmentFX by the Financial Conduct Authority (FCA) in the UK. The FCA, one of the best financial regulatory bodies in the world, put this broker on a blacklist and has issued a warning.
The warning says:Crypto InvestmentFX is unauthorized by Financial Conduct Authority (FCA) in the UK, yet it has been delivering financial services and products to the public in the UK. You should know how to protect yourself and Stay away from unlicensed brokers like Crypto InvestmentFX.
Such warnings prove with almost absolute certainty that the company is not to be trusted because of the potential threat to your investment. The only way to be sure that your investment is in good hands and that you would be treated fairly and in accordance with all laws would be to turn to a licensed, legitimate broker.
WikiFX also made an attempt to visit the brokers official website to find out more information, but the outcome was disappointed - the website is not accessible any longer.
Without access to the official website, we cannot know more about its important information, such as software information and transaction conditions, let alone judge whether their regulations meet the standards of the financial industry.
But such a invalid website is further evidence that Crypto InvestmentFX is running some sort of scam and may running away with investors money!
WikiFX tried to find more clues via social medium, on below screenshot you may know that Crypto InvestmentFX claims on Instagram that it has the perfect platform for investors to win and make more money. But this “perfect platform” is just a picture that doesn't demonstrate the specific functions what a real platform can do.
Besides, Crypto InvestmentFX only accepts deposits made in cryptocurrency. This is another clear sign of a scam – only a scam broker will ask you to deposit in Bitcoin and would not offer any alternatives. The reason why scammers adore crypto so much is simple – such transactions are completely irreversible which makes getting a chargeback impossible for the client.
Now let's search “Crypto InvestmentFX” on WikiFX APP to find out more about this broker. WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 36,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
As you can see, based on information given on WikiFX (https://www.wikifx.com/zh-cn/dealer/1909011428.html), Broker Crypto InvestmentFX has no valid regulatory license and the score is rather negative - only 1.15/10! WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.
In short, Crypto InvestmentFX is not a good choice. It has been warned by British financial institutions and does not provide any transparent information on its website. These are all evidence that this is a fraudulent company, and investors may not be able to withdraw their money if they trade with Crypto InvestmentFX. We recommend avoiding brokerage firms like Crypto InvestmentFX and choosing a legitimate brokerage instead. WikiFX reminds you that forex scam is everywhere, you'd better check the broker's information and user reviews on WikiFX before investing. You can also expose forex scams on WikiFX. WikiFX will do everything in its power to help you and expose scams, warn others not to be scammed. In addition, scam victims are advised to seek help directly from the local police or a lawyer.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.