Inverbid: customer reviews about the company’s work in 2023.
The process of becoming a trader, according to Inverbid, is far from simple. Experienced market participants understand that the path to professionalism requires a lot. If under the influence of financial fraudsters, the opportunity to make money becomes an unattainable dream. In our independent analysis, we will examine the current state of affairs surrounding this company and study the available information about it on the internet to determine whether it is worth trusting this platform.
Main Details
Inverbid is presented as an innovative platform that brings together hundreds of the most liquid assets and instruments for trading on financial markets. The broker’s official website lists the following statistical data as of the end of 2022:
- 105,000 active traders,
- 140,000 daily transactions,
- $514 billion trading volume for the last quarter.
At first glance, this analysis indicates a serious financial structure of the company, capable of becoming a reliable partner for investors. However, further verification is required to form a final opinion. According to the domain name inverbid.com, the site was registered in August 2013, although information from the online archive shows that the site was recently up for sale.
It is worth noting the date of the last update – January 20, 2023. Presumably, the project started from this moment. Real user reviews began to appear immediately after that.
Official Data
The company has a real email for communication, but the contact phone number and office address in Nicosia, Cyprus, turned out to be fake. The organization only provides one-way communication, ignoring user queries after the loss of interest from the client’s side.
Documentation
Inverbid claims that all its operations comply with the requirements of international regulators. The “License” page lists various regulatory bodies with which the broker cooperates. Here is a list of global regulators mentioned on the site’s footer:
- FCA (United Kingdom),
- IFSC (Belize),
- FSC (Republic of Mauritius).
Registers of licensees issued by these regulatory bodies are publicly available. Our check did not find Inverbid listed. In fact, the company inaccurately asserts its legitimacy based on regulator data. The screenshots below show the results of the check in the British registry. Other international regulatory bodies also have no information about the company discussed in this review.
Regional Activity
Inverbid actively operates in Russia, Belarus, and Kazakhstan, as confirmed by initial reviews on Russian-speaking platforms. However, the company is not registered in the CIS countries and does not have approval from local regulators. When involved in this financial scheme, you are left without official protection from supervisory authorities.
Trading Opportunities
Inverbid states that its trading platform is an innovative solution with an integrated set of opportunities and tools for successful trading. However, user reviews suggest otherwise. Scammers use their platform to deceive traders.
On the platform, users can trade currency pairs, stocks, metals, indices, commodities, and digital assets. There is no demo account. Users have access to the following tariff plans:
- Novice. Minimum deposit – $150. Includes deposit protection, leverage of 1:100. Trading is allowed in indices, ETFs, metals, and digital assets,
- Advanced. Minimum account balance – $1,000. Includes leverage up to 500, a personal manager, and insurance,
- Trader. Initial deposit – $10,000. Additional features: PAMM service, instant order execution, 24/7 support.
Information on spreads, swaps, and fees for depositing and withdrawing funds is not provided.
Reviews and Recommendations
Recent reviews of Inverbid indicate dishonest activities by the company. Scammers are not interested in client problems, only seeking to increase their own capital.
Public Opinion
If you have been deceived by these scammers, please share your experience to warn other users of the risk of working with Inverbid. Expert assessment is available for review publication.
Fraud Methods
Scammers professionally deceive newcomers and skillfully mimic trading processes. It is advantageous for them to keep users on the platform for a long time and not expose the fraud that is taking place. However, the true nature of the scam will become clear sooner or later. Events will unfold to the detriment of the investor.
Summary
The conclusion is clear: Inverbid deserves a place on the blacklist of financial scammers. This project operates without a legal basis and has no intention of fulfilling its obligations in an honest manner. Dealing with it will lead to financial losses.
I am deeply disheartened by the poor standards of customer service and lack of professionalism displayed by the broker from Inverbid in 2023.