Dishonesty and Unreliability of a Broker: Independent Review of DWS Invest
Usually, the credibility and honesty of an operator can be judged by the reviews of real clients. However, it is not always easy to find them, especially when the platform has just started its operations. The same situation arises with the company DWS Invest. The firm claims to have been successfully operating in financial markets for four years and has 320,000 open accounts, but there is insufficient information about it. Not only are there no reviews, but there are also no analytical reviews. We decided to shed light on this situation and provide an independent review of the company.
Key Data
DWS Invest emphasizes its individual and attentive support for each trader, promising to help increase capital. Upon examining the success statistics, one might form the opinion that this organization truly deserves attention. According to the information provided, the daily trading volume exceeds $122 million, with over 120,000 transactions. However, these figures may be fabricated, as indicated by the analysis of the domain history.
In reality, the website was only registered in September 2022. Since it is a newcomer to the market, reviews are currently absent. Fraudsters seek to create an impression of a reliable company, hoping that traders will not verify the accuracy of their claims.
Fake Contact Information and Legal Nuances
Another indicator of the company’s dishonesty is fake contact information. Verification revealed that the provided phone numbers and email were invalid. DWS Invest lies about offering round-the-clock support.
Legal Basis and Real Status
According to their claims, we are dealing with a reliable British broker, officially registered. The stated headquarters address is in London. However, upon closer inspection, the information is found to be false. Neither the Companies House database nor the British regulator FCA provides information about our review.
In addition, the company has been blacklisted by the British regulator FCA. The regulator warns that cooperating with this organization is dangerous, as it lacks the necessary permissions.
Significant Operational Aspects and Trading Offers
The deceitful intermediary promises no delays, requotes, or slippage during transaction execution. More than 200 assets are available for selection. However, the company does not provide users the opportunity to test the platform and strategies without risk. Upon registration on the website, a deposit is immediately required. Six tariff plans are presented:
- Welcome on board. Minimum deposit – $250 USD, leverage 1:50, instant trade execution.
- Beginner. Initial contribution – $1,000 USD, trading with metals and digital currencies, leverage 1:75.
- Bronze. Entry threshold – $5,000 USD, leverage 1:100, insurance.
- Gold. Minimum amount – $25,000 USD, 24/7 support, protection against negative balance, leverage 1:200.
- Platinum. Starting deposit – $50,000 USD, leverage 1:300.
- VIP. Minimum top-up – $100,000 USD, leverage 1:500.
There are no reviews confirming the company’s claims. The lack of access to interbank trading by the fictional company may raise suspicions.
Reviews and Fraudulent Activities
There are currently no reviews as the company relatively recently commenced operations. At present, it is offering promotions and trying to attract new users. Protect yourself and do not fall victim to scammers. If you have already registered on the platform and invested a significant amount, please share your experience. Reviews can be left on our platform.
Independent Analysis Conclusion
Our conclusion: DWS Invest is another fraudster unworthy of traders’ trust. The company operates illegally, and some regulators have already blacklisted it. Do not believe their promises; your capital may be at risk.
I am extremely dissatisfied with the broker’s service at DWS Invest in 2022, with poor communication, lack of transparency, and ineffective handling of investments severely undermining my trust and confidence in their abilities.