Greenavi Cash: customer reviews about the company’s performance in 2023

• Categories: CFD-Brokers

Greenavi Cash Activity Study: User Opinions in 2023

When it comes to choosing a broker for financial market activities, it is extremely important not to rely solely on the promises of a company that has crossed your path. The internet is full of scammers ready to take advantage of inexperienced investors. If there are no reviews about a financial broker, it is worth finding out the reasons for concern about their reliability. More often than not, this indicates that you are dealing with a little-known newcomer in the field, trying to portray themselves as an established market player. In today’s analysis, we will share information about one such company, Greenavi Cash, revealing key details about the organization.

Main Information about Greenavi Cash Broker

As claimed, the project has been operating since 2019 and quickly established itself as a reliable broker. Statistics on the official website indicate that the turnover of funds on the platform has exceeded 79,229,316 dollars, and the payouts to traders for the past month alone amounted to over 1.7 million dollars. However, checking the registration date of the domain greenavi.com revealed discrepancies in the statements about the company’s longevity, showing that the site was registered in May 2023, and the provided data is largely fictitious.

Despite the lack of feedback from users, issues with the customer support service of Greenavi Cash company are likely inevitable. The organizers provided a non-existent email address, concluding their “support” there.

Regarding the network of offices, the company claims to have a presence in Cyprus, Saint Vincent and the Grenadines, the UK, and Russia without specifying specific addresses. The website only features an image of a map with markers in the mentioned countries, which do not provide any information.

Broker’s Legitimacy

According to the information on the website, the project is run by companies with different names depending on the section: either Finstox Limited or Greenavi Cash Limited. Legal documents confirming the legitimacy of the company’s operations could not be found, while the scammers themselves claim to comply with the regulation of the CRFIN – an organization whose activities in Russia raise doubts and negative reviews. It should be noted that this regulator has no legal force, and many illegally operating organizations use it as a cover.

In the registers of the only official regulator in Russia – the Central Bank of Russia, as well as in other countries, the company is not listed. As for Saint Vincent and the Grenadines, there is no licensing of brokerage activities in this jurisdiction, as confirmed by official sources.

Offers from Greenavi Cash

The terms of trading on the company’s web platform are poorly described, but the following information has been established:

• Demonstration account for training with 10,000 virtual dollars in the account;
• Trading indicators;
• Promised profitability of up to 90% on some assets;
• Minimum deposit – 50 dollars;
• A unique trading terminal called the “platform of the future”;
• Bonuses upon deposit, the amounts of which are not specified.

The company remains silent on payment methods, commissions, as well as the procedure for depositing and withdrawing funds.

Company Reviews

Currently, no direct feedback from users on thematic websites has been found. However, it is clear that the organizers actively use an affiliate program to promote their services and attract as many clients as possible. With an increase in reviews from disappointed clients, the chances of success for such manipulations decrease.

If you have additional information about Greenavi Cash operations or want to share your experience working with this company, please leave your review. Your truthful information can help other people avoid financial risks and losses.

Fraud Mechanism

Greenavi Cash scammers are willing to make any promises to attract potential clients, especially newcomers, into their networks. They offer generous bonuses that seem like profitable deals at first. However, the conditions for receiving and using them are not presented clearly enough, and when it comes time to withdraw the earned funds, the company imposes unrealistic requirements on clients, effectively blocking the possibility of returning even the initial investments.

Comprehensive Verification Results

The team behind the Greenavi Cash scam project is driven solely by selfish motives, seeking to enrich themselves at the expense of trusting users. The lack of any legal documents confirms that they are simulating the trading process, operating outside the law. Users may not realize the actual situation for a long time, while scammers continue to deceive them for significant amounts without any consequences for themselves, acting anonymously and without registration.