Boxinvest.pro: reviews from investors. Trustworthy broker or scam?
Boxinvest.pro: Real Customer Reviews or a Scam Scheme?
Boxinvest.pro claims to have started its operations back in 1919, yet the internet is not filled with reviews about this company. Why haven’t more than 2,100 instruments, as stated by the company, attracted the attention of experienced traders? This question needs to be answered. From a detailed review, you will learn what real clients are saying about this broker, as well as the status of its legal documents and collaboration terms.
Site Verification box-invest.pro
The company extensively describes its history, starting from 1919, and talks about successful achievements over all this time. At first glance, this looks impressive, but unfortunately, all claims on the site are nothing but lies. Checking the domain registration date revealed that it was registered only on August 9, 2022. This explains the absence of reviews about this scam project, as traders have not yet uncovered the essence of this fraud.
For contacting support, the company provides a phone number, email, and an office address in the UK. However, it turned out that this address belongs to one of the well-known London restaurants, and Boxinvest.pro was never located at this address.
The company cleverly circumvents legislation by stating the impossibility of providing services to citizens of certain jurisdictions where it is prohibited by law. Thus, it completely shifts the responsibility for violations onto traders.
Legal Aspects
Boxinvest.pro claims its official registration in England and even mentions the registration certificate number – 11533321. The document is genuine, but there are several key nuances: firstly, this document belongs to H1 WOSP LIMITED, which is not related to brokerage activities, and secondly, this company ceased to exist back in 2020.
The site also displays information about regulation and obtaining licenses from the Financial Services Commission (BVI FSC) and the Financial Conduct Authority (FCA). However, this also turns out to be false! The company is not among the licensees of these regulators and provides services illegally. Checking the British regulator’s registry indicates that the company did not undergo the licensing procedure.
While Roskomnadzor has not yet blocked this fraudulent website, Russian traders should remain vigilant.
However, the Central Bank of the Russian Federation has already taken action. Boxinvest.pro has already been blacklisted. On this same list, you can see other domains controlled by scammers. In addition to the new site box-invest.pro, there are also boxinvest.pro and trade.boxinvest.pro.
From reviews on various forums, it becomes clear that dealing with an unregulated broker, especially one that has already been blacklisted, only leads to capital loss. Boxinvest.pro is no exception. The platform lacks internal documents regulating relationships between traders and administration, there is only a general FAQ.
What Do Investors Promise?
Boxinvest.pro promises access to trading stocks, currency pairs, metals, indices, and CFDs on cryptocurrencies. The main advantages highlighted are fast fund withdrawals, the use of a super-fast platform (execution of a trade in 14 ms), round-the-clock support, and no account opening commission. Several tariff plans are offered, but without detailed specifications. The conditions listed are as follows:
- Basic. Minimum deposit – $5,000. Provided introductory training and leverage up to 1:500 (indicating the impossibility of obtaining a license in the UK, where leverage is limited to 1:30),
- Standard. Starting deposit – $10,000. The conditions are the same as for the previous tariff,
- Premium. Minimum deposit amount – $25,000. Conditions remain the same,
- VIP. To open an account, a minimum of $50,000 is required. Feature – extended training.
No reviews about Boxinvest.pro have been received yet, and scammers are using this to deceive more people. Share information about this intermediary – it will help others avoid falling into the trap and protect their funds. Leave your comments under our article in the special form.
The Essence of Fraud
Boxinvest.pro changes domains but does not change the scheme of deceiving investors. The company understands that its existence is at risk, so it sets such a high entry threshold. There is no opportunity to practice without risks from it. Using a manipulated terminal and high leverage, scammers can easily drag you into a financial pit and leave you without funds.
Demanding your savings is useless; the fraudsters have no conscience. They can simply stop all communication, then call from fake numbers and offer chargeback to double the deception. After receiving the prepayment, the fake lawyers will stop responding to you.
Summary of Detailed Review
Despite the young age of the domain, Boxinvest.pro is a seasoned scammer. These fraudsters have several controlled sites where they deceive gullible people. Once in the hands of these scammers, getting rid of losses will be extremely difficult. They aim to drain your finances and improve their well-being at your expense. Do not fall for their promises, or you risk being deceived!