Main information about scammers
Many fraudsters, when their projects receive negative reviews, prefer to change their appearance. Experienced scammers InvestEdge did the same by creating a new scam project to continue deceiving gullible people.
Suspicious information about the company
InvestEdge presents questionable information about themselves. Their website claims that the company has been successfully operating in financial markets for 10 or 15 years, although the domain investedge.me has only been active since November 2023.
It turned out that the company’s contact details are fake, including the office address in Australia and email. The phone number provided for contact is also unavailable. However, this number has been used by other scammers such as Gain Trade, Fxperfectrade, Goldjasper, Grow FX Trade, Onecrypto, which only confirms suspicions of InvestEdge’s association with various fraud schemes.
Most of the top managers of InvestEdge presented on the website are fictional characters. For example, the photo of the company director Justin Derrick actually belongs to Jeff Life from the US HR management.
Legal background
There are no scanned copies of legal documents confirming the legality of InvestEdge on their web platform. The user agreement does not contain information about the company’s brand or its parent structure. The only thing to rely on is the legal address in Australia, which does not guarantee legitimacy.
By checking the ASIC registry, we found that InvestEdge company existed from 2002 to 2006 but was liquidated. Therefore, it is doubtful that this organization may have any obligations. Additionally, InvestEdge is not listed among licensed brokers of the Central Bank of Russia and other regulators in the Commonwealth of Independent States.
Terms substitution
InvestEdge promises profitable trading on its platform, but the reviews indicate the opposite. The platform, awarded various accolades, is actually a standard WebTrader often used by scammers for deception.
InvestEdge’s tariff plans are poorly structured and lack information on entry conditions. Despite promises of 24/7 personalized service, professional analytics, and minimal commissions, details about trading conditions and commission costs are missing. Users point out the company’s individual approach to each client, indicating its dishonesty.
Fraud and dishonesty
InvestEdge creates an illusion of successful work for clients but actually uses deceptive tactics. Without the necessary legal basis, the company only simulates trading, and user funds go directly to the hands of scammers. Once a client starts asking questions, the company becomes inactive and starts executing unprofitable deals.
When trying to withdraw remaining funds, traders are often asked to pay insurance, after which their accounts are blocked. InvestEdge deliberately deceives its clients and is responsible for the loss of funds.
Conclusion
InvestEdge is a bogus financial organization that aims to dupe inadequately informed clients. Do not fall for the tricks of scammers and be vigilant before transferring your funds to them. Do not trust promises and advertisements – it is better to avoid such companies.