Digital Investiocoin Group. Forex Broker review
The Digital Investiocoin Group online broker operating in the UK is a criminal with a bad reputation.
If we go to the official website of the Digital Investiocoin Group - digitalinvestio-fx.online, we will find that this company offers intermediary services for trading in the Forex financial market in England. In addition, Digital Investiocoin Group provides programs for trading operations.
Our specialists looked through the website of the Digital Investiocoin Group, got acquainted with the working conditions, made a ride to get a demo access to the services, analyzed the availability of official papers, the place of residence of the organization.
With the help of this information, we will find out: Is Digital Investiocoin Group a scam or not?
In addition, we will explain to you how not to fall into the trap of scammers, about their methods of work. We will provide you with the information you need to keep your finances safe.
Digital Investiocoin Group is based in an offshore country
The main sign indicating that the Digital Investiocoin Group is a scam is the region of registration. The company is documented in the Republic of the Marshall Islands, which is already in doubt, since the Digital Investiocoin Group operates in Britain.
Offshore states attract the attention of deceivers due to the absence of the need to comply with the law and regulation.
Also, this country does not have permissions to trade in the Forex financial market.
In addition, when our employees tried to find the real address, data on the owners and directors of the Digital Investiocoin Group, they could not reveal anything.
This suggests that Digital Investiocoin Group is a shadow online broker, interaction with which will result in significant financial losses.
Lack of information about the management of digitalinvestio-fx.online
After examining the site, our experts have not been able to identify true data about the owners of the company digitalinvestio-fx.online. No physical address, no phone numbers or other methods to get in touch.
We assume that this means that the owners are trying to hide information about themselves in order to hide from punishment for their actions. Even if it is possible to identify one of the managers of the Digital Investiocoin Group, then this will all end, and the actual owners of the fraudulent company will remain at large.
Digital Investiocoin Group, official website - digitalinvestio-fx.online, has been working for less than a month
The official website of the Digital Investiocoin Group talks about the extensive experience of Forex operations.
The main method of analyzing any official site is to obtain data about its domain. Most often, they fix the validity period of the domain, data for the owner's connection.
In a particular case, the digitalinvestio-fx.online domain name exists for less than one month, and all information about the individual who owns it is hidden. Another proof that the management of the Digital Investiocoin Group is trying to keep incognito.
This desire can be supported, but not in those cases when it comes to a company working as an intermediary between the client and the Forex market.
At the same time, digitalinvestio-fx.online themselves assure their users that they have been successfully operating in Forex for quite a long time.
Digital Investiocoin Group has no demo period
It is a common practice for Internet brokers to provide clients with a demo version of their software so that they can familiarize themselves with the interface, test their capabilities in playing the Forex financial market with fake money.
Unfortunately, on the website of the Digital Investiocoin Group, we could not find any mention of a trial period, the ability to test the software.
Probably the owners of Digital Investiocoin Group simply do not plan to give customers trial access to the software, as some of them may begin to suspect fraud.
Online broker Digital Investiocoin Group works with a negative account
Registered organizations that operate in the Forex market do not use a negative balance in their work. In accordance with the laws, an Internet broker trader is not able to spend more now in the account. In rare cases, when the account goes into a negative value, the debt must be repaid not by the user, but by the company that offered its services.
In accordance with this, legal Internet brokers do not use a negative account in their work.
And yet, digitalinvestio-fx.online offers clients Forex operations with a negative account, that is, in debt.
Why is this needed?
In order to drive the user into a minus and start paying off the debt from him. This is one of the most commonly used methods of deception used by financial scammers.
If this happened, you need to know that criminals have no way to get finance under British law. All methods of pressure on traders are considered criminal. The maximum that bandits can do is call, send letters with demands.
You cannot cooperate with digitalinvestio-fx.online, as any agreements will turn into expenses.
Digitalinvestio-fx.online operate with a credit ratio of one to four hundred or more
At this point, it is clear that the Digital Investiocoin Group are the criminals. And yet, let's pay attention to one nuance, namely the existence of too high a credit ratio.
The credit ratio is the ratio of the money of traders and online brokers when making a trading operation. Leverage allows you to close large trading operations for clients who do not have sufficient money freely available.
In order to protect clients in the Forex financial market, in civilized regions, the legislation provides for the use of leverage with the highest ratio of 1 to thirty, in exceptional cases 50.
At the same time, Digital Investiocoin Group applies a leverage of one to 400 for Forex trading activities.
This ratio is allowed in Switzerland, as companies registered in this state enjoy considerable trust. However, Digital Investiocoin Group is not registered there.
In fact, Digital Investiocoin Group do not have permission to trade in the Forex market with such a credit ratio, due to the high risk to users. So, this is used to force the trader to give away as much of his own money as possible, but also to drag him into debt.
Local branches of Digital Investiocoin Group
It is considered prestigious for a financial organization to have local offices in civilized regions, even if the activity is carried out exclusively in England. Therefore, Digital Investiocoin Group announces that in addition to many awards, there are local branches in the UK, Australia and other civilized countries, as well as many qualified employees.
Checking the availability of these offices is elementary. After all, there are specialized structures that control the actions of brokers. In England it's FCA, in Australia it's ASIC.
Accordingly, a law-abiding organization is required to have supporting papers from these or other structures that will prove their authorized right to provide services for making money on the Forex market, indicate the level of responsibility.
However, after checking the relevant official websites, our experts could not find them. This once again confirms the fears.
Registration on digitalinvestio-fx.online requires the transfer of personal data
As we reported earlier, Digital Investiocoin Group does not have a test period and because of this, in order to gain access, you must immediately pay the minimum deposit to Digital Investiocoin Group scammers. In addition, creating a personal account digitalinvestio-fx.online is possible only after passing user verification.
This means that the Digital Investiocoin Group requires its users to provide information such as:
- Information about an individual;
- Information about the permanent place of residence (scans of utility bills);
- Data about qualifications, place of work, experience.
In addition, during the initial transfer, criminals are able to gain access to bank account data.
As a result, this data may enable the bandits to conduct a loan on the user, or carry out other shady schemes.
Since registration on the official website digitalinvestio-fx.online requires sending confidential data, our employees have not been able to access the Digital Investiocoin Group personal account and Forex services.
Reviews on Digital Investiocoin Group
An extremely important step in exposing the Digital Investiocoin Group is the study of user reviews.
The study of the search results on the Internet yielded the following information:
- Most of the reviews and mentions of Digital Investiocoin Group on the Internet are lies. These are similar positive references and custom-made comments;
- All true reviews and references to Digital Investiocoin Group are negative. Our employees could not identify true reviews and references from former clients of digitalinvestio-fx.online, which report high earnings and performance.
- Bad mentions are related to illegal activities, theft of funds, artificial creation of debt.
Therefore, real reviews of Digital Investiocoin Group indicate that this Internet broker is a scammer.
Contact information and papers Digital Investiocoin Group
After analyzing the information on digitalinvestio-fx.online, our staff found many dubious digital documents that can be easily created using a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If an online broker is not associated with regulatory firms, then there is simply nowhere for users to turn to for help.
On the "Contacts" page, our specialists identified a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the network about fraudulent activities associated with the phone number indicated on digitalinvestio-fx.online.
Withdrawing money from digitalinvestio-fx.online
Are you going to make money with the help of the financial market Forex online broker? Make sure that you can take away investments from him.
While analyzing the trading agreement on the Digital Investiocoin Group website, our staff did not reveal specific information about the withdrawal methods. Also, our experts saw the mention of fees for long-term inactivity of the account, but did not find data about the size. Since scammers do not operate in the official field, it will not be possible to challenge these fees.
Therefore, if a trader stops working with the Digital Investiocoin Group, they may begin to disturb with calls and spam with a demand to pay a fine.
How does Digital Investiocoin Group operate?
The method of finding clients that Digital Investiocoin Group uses is also alarming.
Fake social media accounts are used for advertising, in which non-existent people talk about how they instantly managed to earn income by working on the Forex market with the help of Digital Investiocoin Group. Advertising profiles show expensive cars and clothes, travel to resorts and other manifestations of a prosperous life.
Fakes promise a rapid increase in income, for which you do not need to learn or put a lot of effort.
If a trader gets in touch with criminals, Digital Investiocoin Group employees report the possibility of a quick income, as well as some unique features of their services that will make it possible to quickly earn a large income.
Then all sorts of manipulations go into work, allowing you to get as many deposits from the trader as possible. For example, you may be drawn with fake profit in order to provoke the transfer of more finances.
If the work on the Forex market becomes unprofitable, the company representative will recommend transferring even more to compensate for the debt.
Employees of the Digital Investiocoin Group work according to the manuals developed by qualified manipulators. Criminals study user data in order to influence specific places and get even more money.
One way or another, it all comes down to one of two ends:
- When you decide to withdraw money before you find yourself in debt, you will be charged fees, freeze your account, and do everything to force you to pay even more;
- If you let the criminals drive the account into the red, threats will begin, scammers will begin to demand the return of the fake debt.
Another way to make a profit for the Digital Investiocoin Group can be the sale of your confidential information to interested companies. Probably, after that, comprehensive information about you can be obtained for a modest amount of money on an anonymous community on the shadow Internet.
Surely, after that, all kinds of swindlers, sales managers, etc. will write to you. It is also worth waiting for messages from colleagues digitalinvestio-fx.online, who will begin to offer a "refund" of lost money, of course for payment.
Since Digital Investiocoin Group does not operate in the legal field and remains incognito, Digital Investiocoin Group cannot be forced to answer under the law in the UK. The leaders of the criminal company are carefully hiding and, at best, the police will be able to catch one of the "administrators".
Can Digital Investiocoin Group be trusted?
In no case!
If you plan to give money to scammers, then spend it on a good cause.
In short, we will voice the evidence saying that the Digital Investiocoin Group are criminals:
- No official registration;
- No trial period;
- Lack of information about the owners of the company;
- Phone number seen in shady frauds;
- Negative balance;
- Leverage greater than 1 to fifty;
- Bad reviews;
- False data on the website.
Our review of Digital Investiocoin Group is over. Obviously, Digital Investiocoin Group are scammers.