General Invest Company Review: Reliability and Honesty
When choosing a broker, it is important to consider the reliability and honesty of the company. Solid experience, correct legal documents, and positive reviews are what traders need. For example, General Invest raises doubts about its reliability. Let’s take a look at what we have found out about this company.
General Invest Information
General Invest, presumably started operating in 1998 and obtained Swiss registration. The company’s list of liquidity providers includes major players such as ICBC and HSBC.
However, there is no practical confirmation of the broker’s claims. The lack of reviews raises questions, especially for a company with a long history. Investigation showed that the investfing.org website was registered at the end of February 2024.
Currently, newcomers are actively attracted by fake reviews and overviews. It is important to be cautious not to fall victim to scammers.
By the way, the contact information provided on the website is fake, indicating the dishonesty of the company. The managers remain anonymous, suggesting a lack of seriousness towards financial risks and responsibilities.
Licensing and Regulation
General Invest claims to be a legal broker operating in accordance with international law. The company published a scan copy of the incorporation certificate issued in Switzerland in 1998.
However, the investigation revealed that the company does not have a license from the local regulator FINMA. Additionally, internal documents claim to operate in the offshore zone of Saint Vincent and the Grenadines, which may be a sign of unethical practices.
Registering with an illegal broker can lead to capital loss, as regulators will not help recover your funds.
Financial Opportunities and Offers
General Invest offers traders a wide range of trading instruments, from currencies and stocks to cryptocurrencies and metals. However, there is no demo account for practice, which may be a drawback for beginners.
The company offers several tariff plans with varying entry thresholds, spreads starting from 0.6 points, as well as various bonuses and services. It is important to note that specific terms of financial transactions and commissions are not specified.
Reflections on General Invest
There are currently no reviews about General Invest, which could serve as a warning sign for future investors. The uncertainty surrounding the company could be exploited by scammers for deception.
Share your experiences and reviews of General Invest to help other users avoid financial risks.
Summary
General Invest raises doubts about its honesty and reliability. Fake data, lack of confirmation, and negative reviews indicate that it is better to look for another broker to collaborate with.
I’m extremely disappointed with the services provided by General Invest in 2024. Rather than offering clear communication and transparent transactions, I was met with consistent confusion, lack of coordination, and artificial inflation of potential returns. The brokers are not customer-oriented and seem to prioritize personal gains over ensuring client satisfaction. The lack of insightful advice on investments was a stark contrast to the competent guidance I have previously received from other brokers. Their fee structure is also quite convoluted and seemed to keep increasing with no adequate explanation given. Overall, my experience with General Invest was poor and I would not recommend their services.