We understand how the InvestCore broker works
InvestCore, an online broker operating in the UK, is considered a scammer with tainted fame.
When we go to the official website of InvestCore - Investcore.pro, we will find that this company provides brokerage services for trading operations on the Forex market in England. In addition, InvestCore provides financial action programs.
Our experts studied the InvestCore website, got acquainted with the terms of operations, tried to get at least demo access to the services, analyzed the existence of documents, the region where the company was registered.
With the help of this data, we will find out: Is InvestCore a scam or not?
In addition, we will explain to you how not to fall into the network of scammers, about their algorithms of actions. We will provide you with all the information you need to keep your finances safe.
InvestCore organization is located in an offshore region
The main signal indicating that Investcore.pro are bandits is the state of registration. The company is officially registered in the Republic of the Marshall Islands, which is already suspicious, since the company operates in Britain. Offshore regions attract the attention of deceivers due to the lack of laws and executive power.
In addition, this country does not have the rights to operate in the Forex market.
In addition, when our experts tried to find the physical address, information about the owners and directors of InvestCore, they were unable to reveal anything.
This already demonstrates that InvestCore is a criminal broker, cooperation with which can result in significant financial losses.
No information about the organizers of InvestCore was found
After examining the website, our experts have not been able to find plausible data about the organizers of the InvestCore organization. No physical address, no phone numbers or other means of contact.
Most likely, this means that the actual owners are trying to hide their identities in order to avoid being held accountable for their actions. If one of the InvestCore managers can be found, then everything will end there, and the real owners of the criminal firm will remain at large.
InvestCore, official website - Investcore.pro, is less than a month old
The InvestCore website talks about serious Forex experience.
The most common method of analyzing any web site is to obtain information about the domain name. Basically, they record the age of the domain name, information for contacting its owner.
In our case, the InvestCore domain works less than 30 days, and the data about the person who owns it is hidden. Another evidence that the management of InvestCore is trying to protect its incognito.
This desire can be supported, but not when it comes to a financial company working as an intermediary between a client and Forex.
In addition to this, Investcore.pro themselves assure users that they have been working effectively on Forex for many years.
InvestCore does not have a demo period
It is a common practice for brokers to give traders a test version of the programs so that they can get acquainted with the interface, try their skills in trading on the Forex financial market with fake money.
Unfortunately, on the website Investcore.pro, we did not find information about the test period, the ability to test the software.
Most likely, the owners of the InvestCore organization most likely do not plan to provide customers with demo access to paid software, since someone is able to suspect fraud.
Online broker InvestCore operates with a negative balance
Registered organizations that trade on the Forex market do not use a negative account in their work. By law, an online broker's client cannot spend more now on the balance sheet. In those rare situations when the balance still goes into a negative value, the loan must be repaid not by the user, but by the company that has provided its services.
Therefore, official Internet brokers do not use a negative account in their work.
However, InvestCore gives its clients Forex operations with a negative account, that is, on credit.
What is it for?
To drive the client on credit and pay off the debt. This is one of the most popular methods of deception used by financial scammers.
If this has already happened, you need to remember that scammers have no way to get money out under the laws of England. All methods of influencing customers are considered illegal. The most that criminals are able to do is call, send messages with threats.
It is impossible to work with InvestCore, since any agreements will result in losses.
Investcore.pro work with a leverage of 1 to 400 or more
Already now, it is clear that InvestCore are scammers. And yet, let's pay attention to one nuance, namely the existence of an excessively large credit ratio.
Leverage is the ratio of the finances of users and online brokers when making a trading operation. Leverage allows traders who don't have a lot of money to close large trades.
In order to protect Forex users, in developed countries, current laws require the use of a credit ratio with the highest ratio of one to 30, in rare cases fifty.
At the same time, InvestCore applies a credit ratio of one to four hundred for operations in the Forex financial market.
This relationship is permitted in Switzerland, as firms registered in this country enjoy considerable confidence. However, InvestCore is not registered in this country.
In fact, InvestCore are not allowed to operate in the Forex financial market with such a credit ratio, due to the high risk to users. So, this is used solely to force the trader to transfer as much of his funds as possible, but also to drive him into debt.
InvestCore Local Offices
It is considered important for the company to have regional branches in developed regions, even if the work is carried out only in England. Therefore, InvestCore says that in addition to a large number of bonuses, they have local divisions in England, Australia and other civilized regions, and in addition about thousands of skilled workers.
Checking the availability of these branches is easy. After all, there are specialized structures that control the work of brokers. In the UK it's FCA, in Australia it's ASIC.
Therefore, a legal firm must have official papers from these or other organizations that will confirm their permitted right to provide Forex trading services and determine the degree of responsibility.
And yet, after checking specialized websites, we could not find them. Which once again confirms the suspicions.
For registration on Investcore.pro, you must transfer personal data
As we mentioned earlier, InvestCore does not have a trial period and, accordingly, in order to gain access, you must immediately pay the minimum payment to InvestCore scammers. In addition, it is possible to create an Investcore.pro personal account only upon completion of user confirmation.
This means that InvestCore requires its clients to provide data such as:
- Information about an individual (passport, driver's license, etc.);
- Information about the permanent place of residence (payments for a communal apartment);
- Information about qualifications, place of work, length of service.
Also, during the first transfer, criminals are able to access card data.
Combined, this information may allow the bandits to hang a trader with a loan, or carry out other illegal activities.
Since for registration on the Investcore.pro website, you need to transfer confidential information, our employees did not get access to the InvestCore personal account as well as applications for transactions in the Forex financial market.
Reviews about InvestCore
The most important step in exposing InvestCore is the study of user reviews.
A detailed study of the search results gave us the following data:
- Most mentions and reviews of InvestCore online are fake. These are template positive reviews of a paid nature;
- All true reviews and comments about InvestCore are bad. Our experts were unable to identify plausible references and comments from former Investcore.pro clients, which speak of a decent profit, successful trading.
- Negative reviews are associated with criminal acts, theft of finances, the creation of debt.
Therefore, reviews of InvestCore indicate that this Internet broker is a scammer.
Contact information and documents InvestCore
Having studied the information on Investcore.pro, our staff found many dubious digital official papers that can be easily made using a graphic editor. They are not confirmed by official organizations, which means they cannot be trusted.
If the broker is not associated with regulatory organizations, then traders simply have nowhere to turn for help.
On the "Contacts" page, we found a phone number. It turned out that it had already been used by an illegal internet broker. There are also many reviews on the network about fraudulent activities associated with the phone number listed on Investcore.pro.
Withdrawing money from Investcore.pro
Are you going to make money with the help of a financial market Forex broker? Make sure you can take money from him.
Studying the user agreement on the InvestCore website, our experts did not see clear information about the ways to withdraw the money earned. Also, our experts saw a description of fees for a long period of inactivity of the account, but there was no data on their size. Since criminals do not operate in the official field, it will not be possible to cancel these fines.
Because of this, if a trader has completed work with InvestCore, they can call and spam with a demand to pay a fine.
How does InvestCore work?
The user search method used by InvestCore also raises suspicions.
For promotion, fake social media accounts are used, in which fake bloggers report how they instantly managed to get rich by making Forex transactions with the help of InvestCore. Advertising profiles expose expensive cars and houses, trips to resorts and other manifestations of a prosperous life.
Bots promise a rapid increase in income, for which you do not need to learn or put a lot of effort.
When a potential user gets in touch with them, InvestCore employees report the possibility of instant earnings, as well as some unique features of their software that allow you to immediately earn a solid profit.
Further, all sorts of manipulations go into work, making it possible to receive the maximum amount of finance from the user. For example, you can create fake profits to motivate you to invest more.
When the work on Forex turns out to be unprofitable, the manager will offer to transfer more in order to close the losses.
InvestCore managers work according to the methods developed by experienced scammers. Scammers analyze information about the client in order to act on weaknesses and get more investment.
In any case, everything will lead to one of two options:
- When you are about to receive finance before you are in the red, you will be fined, banned from using the balance, and will do everything to make you pay more;
- If you give the opportunity to scammers to drive the account on credit, threats will fall, the bandits will extort the return of a fictitious debt.
Another method to make a profit for InvestCore can be the sale of your confidential information to interested parties. We assume that, as a result, complete information about you will actually be bought for a small amount of money on some anonymous Telegram channel on the shadow Internet.
Surely, because of this, various bandits, managers, etc. will begin to call you more often. It is also worth waiting for letters from Investcore.pro accomplices who will offer a "return" of lost money, of course, for a fee.
Since InvestCore does not operate in the official field and preserves anonymity, Investcore.pro cannot be forced to comply with applicable laws in Britain. The owners of a fraudulent company are carefully hiding and, at best, law enforcement agencies will be able to catch one of the “employees”.
Can InvestCore be trusted?
It is forbidden!
Only if you are going to give money to scammers, then spend it on a good deed.
Let's briefly list the facts that indicate that InvestCore are criminals:
- No official registration;
- No test period;
- There is no information about the owners of the organization;
- Phone number is seen in criminal transactions;
- Negative score;
- Leverage greater than 1 to 50;
- Negative reviews;
- Inaccurate data on the site.
Detailed review of InvestCore - completed. It is clear that InvestCore are bandits.