InvestCore Forex broker with a negative reputation
Broker InvestCore, which operates on the territory of Britain, is a scammer with a dirty reputation.
When we get to the official website of InvestCore - Investcore.pro, we learn that the company under study provides intermediary services for working on the Forex market in the UK. In addition, InvestCore provides services for financial transactions.
Our employees looked at the InvestCore website, got acquainted with the terms of action, tried to get demo access to the services, looked at the existence of official papers, the region of the company's residence.
With the help of the data obtained, we will find out: Is InvestCore a scam or not?
We will also explain to you how not to get caught in the network of deceivers, about their ways of working. We will provide all the necessary information in order to keep your investment safe.
InvestCore organization is located in an offshore zone
The first sign that Investcore.pro is bandits is the country of registration. The company is officially registered in the Marshall Islands, which is already doubtful, since the company operates in the UK. Offshore states are popular with scammers due to the lack of laws and regulations.
Moreover, this region does not have the authority to trade on the Forex financial market.
Also, when our specialists tried to find the address, mentions of the owners and management of InvestCore, they could not find anything.
This already suggests that Investcore.pro is a fake broker, interaction with which will result in significant financial losses.
Lack of information about the directors of InvestCore
After examining the official site, our experts could not find any truthful information about the organizers of the company Investcore.pro. No physical or legal address, no telephone or other means of communication.
Most likely, this means that the actual leaders are trying to hide their identities in order to hide from answering for crimes. If you manage to contact one of the employees of InvestCore, then everything will end with this, and the owners of the criminal firm will remain at large.
InvestCore, official website - Investcore.pro, is less than a month old
The InvestCore website talks about a lot of Forex experience.
The main method of analyzing the official site is to obtain data about its domain. Usually, they contain the age of the domain name, the contact information of its owner.
In this case, the Investcore.pro domain name exists for less than 30 days, and all data about the person who owns it is classified. Another proof that the organizers of InvestCore are trying to keep incognito.
Such a desire can be understood, but not when it comes to a company acting as an intermediary between a trader and the Forex financial market.
At the same time, InvestCore assure their clients that they have been successfully trading in the Forex market for a long time.
InvestCore does not have a demo period
It is a normal practice for brokers to give traders a test version of programs so that they can get acquainted with the interface, try their hand at playing the Forex financial market with virtual currency.
Unfortunately, on the site Investcore.pro, we did not find data on the trial period, the opportunity to try the software.
We assume that the director of the Investcore.pro organization is simply not going to give users demo access to their service, as someone is able to suspect something is wrong.
Internet broker Investcore.pro operates with a negative score
Legal firms that operate in Forex do not use a negative account in their work. By law, the user of an online broker cannot spend more than is currently on the balance sheet. In those rare situations when the balance goes into a negative value, its debt will have to be repaid not by the trader, but by the organization that has provided its services.
In accordance with this, honest brokers do not use a negative balance in their work.
However, Investcore.pro offers users trading with a negative balance, that is, on credit.
Why is this needed?
To drive the client into a minus and from him a loan. This is one of the most common methods of deception used by scammers.
In the event that this has already happened, you need to remember that scammers have no way to recover investments under British law. All methods of influencing users are illegal. The maximum that scammers are capable of is to call, send letters with demands.
It is impossible to cooperate with Investcore.pro, since any agreements will result in new losses.
Investcore.pro operate with a leverage of 1 to 400 or more
Already now, it becomes clear that InvestCore are swindlers. However, let us point out another fact, namely the existence of an excessively large leverage.
Leverage is the ratio of the finances of users and brokers when making a transaction. Leverage allows significant transactions to be made by users who do not have a lot of money with them.
In order to protect Forex clients, in developed countries the legislation requires the use of a credit ratio with the largest ratio of one to 30, in exceptional cases fifty.
At the same time, InvestCore uses a leverage of one to four hundred for trading in the Forex market.
This ratio is legalized in Switzerland, since firms registered in this country enjoy great confidence. But InvestCore is not registered in this country.
In fact, InvestCore are not allowed to trade in the Forex financial market with such leverage, due to the high risk for clients. Actually, this is done solely to force the user not only to give away more personal finances, but also to drive him into debt.
InvestCore Local Branches
It is considered prestigious for any financial organization to have local branches in civilized countries, even if the activity takes place only in the UK. So InvestCore reports that in addition to many awards, they have local branches in England, Australia and other developed countries, as well as a large number of experienced employees.
Checking the existence of these subdivisions is elementary. After all, specialized structures are known that regulate the actions of Internet brokers. In the UK it's FCA, and in Australia it's ASIC.
Because of this, the official company is required to have supporting papers from these or other structures that will prove their ability to provide Forex earnings services, regulate the degree of responsibility.
And yet, after analyzing the specialized websites, we did not find them. This once again reinforces our suspicions.
For registration on Investcore.pro, you must transfer personal data
As we said earlier, InvestCore does not have a trial period and therefore, in order to gain access, you must immediately pay the minimum deposit to the InvestCore bandits. Also, to get access to the personal account of Investcore.pro, it is really only upon successful completion of identity verification.
This means that InvestCore requires users to submit information such as:
- Information about an individual (passport, driver's license, etc.);
- Information about the permanent place of residence (scans of utility bills);
- Information about the place of work, qualifications, experience.
Also, during the initial transfer, fraudsters can gain access to personal account information.
As a result, this information may allow criminals to make a loan to a gullible client, or to carry out other shady schemes.
Since for registration on the official website of Investcore.pro, it is necessary to transfer confidential data, our employees could not get access to the InvestCore personal account and applications for trading in the Forex financial market.
Real reviews about InvestCore
The most important step in exposing InvestCore is the study of user reviews.
The analysis of search results on the Internet allowed us to obtain the following information:
- Most of the InvestCore reviews online are lies. These are similar positive reviews and paid-type comments;
- All true reviews about InvestCore are bad. Our employees could not find plausible mentions and comments from Investcore.pro users, which would mention big earnings, effective trading.
- Negative reviews and mentions are caused by illegal activities, theft of finances, creation of credit.
Because of this, InvestCore reviews suggest that the internet broker in question is a scam.
Contact details and official papers InvestCore
Analyzing the data on Investcore.pro, we saw a lot of dubious digital papers that can be easily made using a graphics editor. They are not confirmed by official firms, which means they cannot be trusted.
If an Internet broker is not associated with regulatory firms, then users simply have nowhere to turn for help.
On the "Contacts" page, our specialists identified a phone number. It turned out that it had already been used by an illegal internet broker. There are also many reviews on the network about fraudulent activities associated with the phone number listed on Investcore.pro.
Withdrawing money from Investcore.pro
Are you going to make money with the help of the Forex market online broker? Make sure you can take money from him.
Studying the user agreement on the InvestCore website, our specialists did not find specific information about the ways to withdraw the money earned. In addition, our employees identified the mention of penalties for account inactivity, but did not find data on their size. Since the criminals do not operate in the official field, it will not be possible to challenge these fines.
Because of this, if the user stops working with InvestCore, they can call and spam demanding to pay a fine.
How does InvestCore work?
The way InvestCore uses to search for users is also suspicious.
For promotion, false social media profiles are used, in which fake people broadcast about how they quickly managed to get income by earning on the Forex market with the help of InvestCore. Ad accounts show expensive cars and jewelry, trips to resorts and other indicators of a prosperous life.
Bots promise a fast income that does not require training or effort.
If a potential trader gets in touch with them, InvestCore employees confirm the possibility of instant earnings, and in addition about some unique features of their software that allow you to immediately get a big income.
After that, various manipulations go into work, making it possible to get the maximum amount of finance from the user. For example, a client may be drawn with fake profits to inspire them to give away more funds.
If the work on the Forex market is unprofitable, the company representative will recommend transferring even more to cover the losses.
InvestCore managers act according to the manuals developed by professional swindlers. They analyze client information in order to act on vulnerabilities, pull out more deposits.
As a result, everything will come to one of the results:
- If you decide to withdraw the investment before you find yourself in debt, you will be charged fees, freeze your balance, and do everything to force you to pay more;
- When you allow scammers to drive the balance into credit, threats will go, scammers will begin to demand the return of a fake loan.
Another way to earn income for InvestCore may be the transfer of your personal information to third parties. We assume that, after that, comprehensive information about you can be purchased for a moderate amount on some anonymous community on the dark web.
Most likely, because of this, all kinds of criminals, sellers, etc. will call you more often. In addition, it is worth waiting for calls from colleagues Investcore.pro, who will begin to offer "receipt" of lost deposits, of course for payment.
Since InvestCore does not operate in a regulated field and remains anonymous, Investcore.pro cannot be forced to comply under current law in the UK. The owners of the shadow organization are diligently hiding and, at best, the legitimate authorities will be able to catch one of the "workers".
Can InvestCore be trusted?
Not!
If you are going to transfer finances to the bandits, then it is better to spend them on a good deed.
Let's briefly list the facts that say that InvestCore are scammers:
- Lack of official registration;
- No trial period;
- Lack of information about the owners of the organization;
- Phone found in criminal schemes;
- Negative balance;
- Leverage greater than 1 to fifty;
- Negative reviews;
- Invalid data on the website.
Full review of InvestCore - completed. Obviously, InvestCore are bandits.
For your peace of mind, we have compiled a complete list of unscrupulous brokers.
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