Investgeo: Customer Reviews on the Company’s Performance in 2023
Representatives of the financial market constantly create complex schemes, using attractive legends to attract new clients. However, more often than not, such actions lead to serious financial losses for traders. Recently, a company called Investgeo has been in the spotlight. We conducted an investigation to verify the accuracy of the information about it.
Key Points about Investgeo
According to claims, Investgeo.ltd has been operating successfully since November 1998. Such impressive work experience should have been reflected in the public opinion about the company. However, reviews and feedback have only recently surfaced.
Based on the checks conducted, we have concluded that the information about Investgeo’s activities does not correspond to reality. The domain investgeo.org was registered only in 2021, confirming our doubts.
The company not only provides false contact information but also maintains false information about sponsoring the Berner Sport Club Young Boys 1898. This information has not been confirmed on the official website of the football club.
Legal Information
The company’s website presents documents and a certificate of incorporation (No. 105352) issued to Provinvest in 1998, while Investgeo presents itself as the holder of this certificate. Such inconsistency raises serious questions.
The company’s street in Bern (Switzerland) is intended to give them prestige, but the company does not have the appropriate license for financial operations. Checking the FINMA lists did not confirm the presence of Investgeo among legal brokers.
It is also worth noting that Investgeo provides services in the CIS countries (Russia, Kazakhstan, Belarus) without the corresponding licenses from local regulators, creating risks for clients.
Trading Features on the Platform
According to the company’s data, their platform offers various assets for trading, but there is no opportunity for training on a demo account. Despite claims of free education, customer reviews indicate falsification and fraud on the company’s part.
In addition to the MT4 platform, there is their own web terminal, characterized as innovative but, according to reviews, is a manipulated platform designed to deceive clients.
Commercial Offer
- 4 tariff plans;
- minimum deposit for Standart is set individually, for others from 10,000 to 50,000 dollars;
- zero commissions for deposit/withdrawal of funds;
- welcome bonus up to 150%;
- spreads from 0.6 points;
- referral program;
- various educational materials and support services;
- personal financial analyst;
- some tariffs offer services on trading strategies and fund withdrawals.
Real User Reviews
Customers report an extremely negative experience with the company Investgeo, citing fraudulent actions and the inability to contact representatives. The situation, according to them, is extremely unpleasant.
Company’s Tactics
Investgeo attracts clients through affiliate programs and cold calls from fake accounts. Attempts to withdraw funds are met with obstacles, and traders are pushed towards additional conditions, making the situation beneficial only for the company.
Conclusion
The summarized information allows for a conclusion about the unworthy behavior of the company Investgeo. Lies and deceit are evident at all levels of operations, as confirmed by real customer experiences. It is recommended to avoid cooperation with such organizations and seek help from professionals in case of problems.
