Fundiza: broker reviews. Can he be trusted?
Fundiza: real reviews about the broker. Can you trust him?
On the Fundiza website, they claim to be a cutting-edge platform where you can earn large sums of money. However, traders’ opinions are opposite: they consider it an unworthy broker. According to customer reviews, the company does not provide fund withdrawals and does not fulfill its obligations. We have started a thorough analysis of Fundiza’s activities to determine whether it is trustworthy.
Investigating the company
The Fundiza website states the company’s values: high levels of security, huge online earning opportunities, round-the-clock customer support, and much more. However, no positive reviews confirming this have been found.
According to the declared data, the company appeared on the market in 2019. However, domain analysis showed that it was registered in 2014 and re-registered in 2022. This indicates that the domain previously belonged to another organization, and Fundiza only started using it this year.
The platform is owned by Fundiza Ltd., registered in Saint Vincent and the Grenadines. However, the website lacks a scanned certificate of registration, information about the management, financial reports, and other official documents. Fundiza Ltd. is listed in the Financial Services Authority of St. Vincent and the Grenadines registry, but this does not mean the company has the right to conduct brokerage activities.
The broker often provides false information, such as indicating an address where the multifunctional stadium Victoria Park is located.
Does the company comply with laws?
According to clients, Fundiza Ltd. claims that its activities are regulated by the SVGFSA. However, even if this is true, it does not guarantee control over financial operations. The organization only includes the company in the registry but does not carry out financial control.
According to reviews, the company operates in Russia but does not mention having a license from the Central Bank of Russia. The Bank of Russia even blacklisted it, recommending avoiding cooperation with Fundiza due to uncontrolled financial operations.
After examining Fundiza’s internal documents, we found that the company does not provide guarantees to clients and warns them not to make claims.
Trading features on the platform
The broker actively attracts traders, promising them significant opportunities. In particular, it offers:
- trading in currency, metals, commodities, indices, stocks,
- leverage up to 1 to 400,
- client fund protection through multi-level SSL encryption,
- low commissions,
- daily market review, analytical summaries, current news content,
- 100+ charts (including over 80 technical indicators),
- account types: “Novice,” “Basic,” “Elite,” “Elite Plus,” “VIP,”
- opportunity for trading education through webinars, video courses,
- daily trading signals.
Reviews of the company’s activities
In their reviews, clients describe how company representatives deceive them and leave them without money. They persuade to invest funds, but when it’s time to withdraw profits, they disappear and block the account.
Deception scheme: how the broker deceives traders?
According to reviews, scammers know how to manipulate people. They convince to open an account, then start manipulating. Traders increase deposits, buy insurance, pay expenses – but realize they have fallen into scammers’ trap when it’s too late. They can’t get the funds back.
Conclusion
Collaborating with Fundiza promises failure as the company operates outside the law. To convince of the earning potential, scammers stage a real show, changing quotes and creating an illusion of successful trading, but as soon as the trader stops depositing money, they abandon them.