Broker or scam? Ingoinvest company review with client feedback.
Ingoinvest: dangerous offshore scam
The core of Ingoinvest’s activities is masking deception with sweet bonuses that ultimately lure victims into a financial pit.
Myths and Truths About “Ingoinvest”
Scammers put little effort into creating an authentic company history, choosing to pass off some numbers as reliable statistics. The ingoinvest.com website started operating in September 2020, and the first reviews of their deceit appeared during the same period.
The resource is visited by a small number of users daily, not consistent with the status of an international intermediary. A specialized service evaluated the criminals’ platform at 3,000 rubles, which speaks to its unreliability.
According to legend, Ingoinvest belongs to the holding company Rapid Develop Group Ltd registered in the Marshall Islands, but there is no confirming data about the company’s registration, raising doubts about its authenticity.
The lack of a license for Ingoinvest is due to the absence of regulation for forex activities in the Marshall Islands. The platform is presented in Russian, despite the statement of not providing services to residents of Russia.
The company’s contact address is listed in Switzerland, but there are no factual documents confirming Ingoinvest’s presence there. The phone number is provided with a United Kingdom code, raising suspicions.
Trading Terms and False Promises
Ingoinvest offers 3 types of accounts: “Silver,” “Gold,” and “Platinum.” The minimum deposit is hidden, and a 1:300 leverage is not typical for reliable brokers.
The company claims to have no commissions on its platform, but user reviews suggest otherwise — Ingoinvest consultants lure money and threaten to block accounts.
Trading is available on the platform for currency pairs, indices, and stocks.
Fake Reviews and Bonus Manipulation
Ingoinvest posts fake reviews and manipulates bonuses, set in the “Terms and Conditions.” However, real users face delays and unattainable requirements.
In the end, the creators of Ingoinvest disappear with clients’ money. Recommendation: terminate cooperation with Ingoinvest and review feedback from other users.
I am utterly dissatisfied with the services provided by the Ingoinvest company broker; it’s more akin to a scam than a genuine brokerage service.