InvestCorp Research: Analysis and Recommendations
InvestCorp provides an opportunity to earn in financial markets for those looking to unleash their trading potential. Despite having 500,000 active accounts and partnerships with traders from over 30 countries, there are almost no reviews about it online. Let’s delve into who this broker really is and whether considering registration on its platform is worth it in our independent review.
InvestCorp Platform Analysis
The InvestCorp online resource began its operations in November of last year, as indicated by information in Whois. This may raise doubts about the credibility of the statistics on their site. Starting cooperation with false information is not the best move for a broker.
The platform is presented in two languages – English and Russian, indicating an effort to attract traders from post-Soviet countries, including Russia.
However, there is insufficient information on the platform. For example, contact information is only provided through a feedback form and email. This is clearly inadequate for promptly addressing issues. If InvestCorp employees show no interest in communication, they may overlook traders’ questions and feedback.
Regulated Broker Status
The InvestCorp website states that the brand belongs to Sailor Consulting LLC, registered in the offshore jurisdiction of Saint Vincent and the Grenadines. However, there is no confirmation of the broker’s registration, and the address in Kingstown is likely fictitious. In this jurisdiction, many financial fraudsters use such addresses to evade responsibility.
But the issue is not only the absence of registration documents. InvestCorp lacks a license for legal operations. The regulatory body of Saint Vincent and the Grenadines highlighted that it does not oversee the activities of forex and binary options brokers. In addition, the Central Bank of Russia warns about the risks of cooperating with offshore companies. Reviews on independent forums confirm InvestCorp’s lack of a license.
Internal InvestCorp documents absolve the company of financial responsibility, requiring traders to agree to this upon platform registration.
Collaboration Terms and Offers from InvestCorp
InvestCorp offers access to 2500+ trading instruments such as global currencies, stock indices, commodities, and shares of major companies. After registration, you are invited to choose one of the real accounts and deposit funds. Some features of the trading plans include:
- Initial deposit from $250 to $10,000;
- Flexible spreads (size unspecified);
- Support from customer service;
- Leverage from 1:20 to 1:100;
- Personal assistant services on certain account types.
Additionally, InvestCorp offers participation in an affiliate program for additional earnings, but collaboration terms are not disclosed on the website and require contacting managers. There are also no customer reviews confirming the profitability of this program.
Reviews and Deception in InvestCorp
Real customer reviews of InvestCorp have not yet been found on Russian or foreign forums. With the company’s intensive advertising campaigns, this situation may change soon. If you are an InvestCorp client and wish to share your experience, feel free to leave your review.
How Client Deception Occurs in InvestCorp
InvestCorp uses its affiliate program to attract new traders, including through social media and internet forums. The company employs various psychological methods to persuade individuals to invest large sums and continue making investments. Moreover, a manipulated terminal is used to distort data and quotes, creating a deceptive impression of profit potential.
InvestCorp Review Summary
InvestCorp demonstrates no inclination toward honest work – the absence of essential documents, licenses, and financial accountability makes them an unreliable choice for investors. By partnering with InvestCorp, you risk losing your funds. The company does not guarantee payouts and holds minimal responsibility to clients. We recommend exercising caution and conducting additional research before collaborating with them.
I am extremely dissatisfied with InvestCorp’s service quality and payment discipline, which have both proven to be unreliable and unprofessional.
I am deeply dissatisfied with InvestCorp’s services as the quality provided fell short of expectations and their payment discipline leaves much to be desired.