Full review on InvestCore, why we consider them scammers
23 / April / 22
Visitors: 699
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Broker InvestCore, operating in the UK, is considered a scammer with spoiled fame.
If we get to the official website of InvestCore - Investcore.pro, we will find that the company under study offers intermediary services for working on the Forex financial market in Britain. InvestCore also provides services for financial actions.
We explored the InvestCore website, got acquainted with the working conditions, made attempts to get at least test access to services, studied the existence of securities, the region where the company was registered.
With the help of the information received, we will find out: Is InvestCore a scam or not?
In addition, we will explain to you how not to fall for the bait of criminals, about their methods of action. We will provide all the necessary data in order to keep your finances safe.
InvestCore organization based in offshore country
A serious sign that indicates that InvestCore are scammers is the registration region. According to the documents, the organization is registered in the Marshall Islands, which is already in doubt, since Investcore.pro operates in the UK. Offshore regions attract the attention of scammers due to the lack of legislation and supervision.
In addition, this state does not have the rights to trade in the Forex financial market.
Also, when our specialists tried to find a physical address, mentions of the owners and directors of InvestCore, they could not find anything.
This already hints that InvestCore is a fake Internet broker, interaction with which can result in significant financial losses.
No management information found for Investcore.pro
After examining the website, we could not find reliable information about the directors of the company Investcore.pro. No addresses, no phone numbers or other means of contact.
We assume that this means that the owners are trying to hide data about themselves in order to hide from punishment for their actions. If one of the InvestCore managers can be found, then everything will end there, and the owners of the fraudulent company will be left free with the money.
InvestCore, official website - InvestCore, works less than thirty days
The official website Investcore.pro talks about the great experience of Forex operations.
The most common method for checking any website is to obtain information about the domain name. Most often, they contain the expiration date of the domain, the contact details of the owner.
In our case, the Investcore.pro domain name exists for less than thirty days, and all information about the legal or natural person owning it is hidden. Another proof that InvestCore management is trying to maintain its anonymity.
Such a desire can be accepted, but not when it comes to a financial institution acting as an intermediary between the client and the Forex financial market.
At the same time, InvestCore assure their potential clients that they have been working effectively on Forex for a long time.
InvestCore does not have a demo period
It is a common practice for brokers to provide users with a test version of their programs so that they can familiarize themselves with the interface and try out their skills in Forex operations with virtual money.
Unfortunately, on the InvestCore website, we did not find data on the test period, the ability to try the programs.
Most likely, the management of the Investcore.pro organization is simply not going to provide users with test access to a paid service, as someone is able to begin to suspect fraud.
Broker Investcore.pro operates with a negative balance
Legal firms that operate in the Forex financial market do not use a negative balance in their activities. According to the law, the user of an Internet broker is not able to spend more than what is currently on the balance sheet. In cases where the balance still goes into negative territory, its debts will have to be repaid not by the client, but by the company offering its services.
Because of this, honest brokers do not use a negative account in their work.
And yet, InvestCore provides users with Forex operations with a negative account, that is, on credit.
Why is this needed?
To drive the client into debt and begin to require him to pay the debt. This is one of the most common fraud methods used by financial scammers.
If this has already happened, you need to remember that criminals do not have the opportunity to receive investments in accordance with the laws of Britain. Any methods of pressure on users are criminal. The most that scammers are able to do is to disturb with calls, send messages with threats.
It is impossible to cooperate with Investcore.pro, since all agreements will turn out to be losses.
InvestCore work with a credit ratio of one to 400 or more
Already, it becomes obvious that InvestCore are scammers. However, let's point out one fact, namely the presence of too high leverage.
The credit ratio is the ratio of money users and online brokers make when making a transaction. This allows users who do not have a lot of money to make large trade transactions.
In order to protect Forex clients, in civilized regions, the current legislation provides for the use of credit leverage with a maximum ratio of one to thirty, in exceptional cases fifty.
At the same time, InvestCore applies a credit leverage of 1 to four hundred for operations in the Forex financial market.
This attitude is legalized in Switzerland, since companies registered in this state enjoy great confidence. However, InvestCore is not registered in this country.
In fact, InvestCore is not authorized to operate in the Forex market with such a credit ratio, due to the high risk to users. So, this is used only to force the trader to invest as much of his own finances as possible, but also to drive him into loans.
Regional divisions of InvestCore
It is considered important for any financial company to have local divisions in civilized states, even if the activity is carried out only in the UK. Therefore, InvestCore reports that in addition to an impressive number of awards, there are regional offices in the UK, Australia and other developed countries, and in addition about a lot of qualified employees.
Checking the availability of these branches is elementary. Since there are specialized organizations that regulate the actions of Internet brokers. In the UK it's FCA, and in Australia it's ASIC.
Accordingly, a legal firm must have official documents from these or other structures that confirm their permitted right to provide services for making money on the Forex market, indicate the level of responsibility.
And yet, having studied specialized websites, our employees did not find them. Which once again reinforces the suspicions.
To register on Investcore.pro, you must transfer confidential data
As we mentioned earlier, InvestCore does not have a trial period and because of this, in order to gain access, you must immediately pay the minimum deposit to InvestCore scammers. In addition, it is possible to create an Investcore.pro personal account only after passing the client's confirmation.
This means that InvestCore requires its users to provide information such as:
- Information about an individual (passport, birth certificate);
- Information about the permanent place of residence (payments for a communal apartment);
- Data about qualifications, place of work, experience.
Also, with the initial payment, criminals can gain access to bank account data.
In combination, this information may allow scammers to issue a loan to a deceived trader, or to carry out other illegal frauds.
Since it is necessary to send personal information to register on the Investcore.pro website, our experts did not get access to the InvestCore personal account as well as applications for making money in the Forex financial market.
Reviews about InvestCore
The most important point of exposing InvestCore is to study the feedback of traders.
A detailed analysis of the search results on the Internet allowed us to obtain the following data:
- Most of the reviews and references to InvestCore online are lies. These are template positive reviews and mentions of a custom type;
- All true references to InvestCore are negative. We were unable to find true reviews and comments from Investcore.pro users that would mention a good profit, successful trading.
- Negative reviews and comments are associated with criminal acts, theft of money, artificial creation of debt.
In accordance with this, reviews of InvestCore indicate that this broker is a scammer.
Contact information and official papers InvestCore
After analyzing the mentions on Investcore.pro, our experts 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 a broker is not associated with regulatory companies, then its clients simply have nowhere to turn for help.
On the "Contacts" page, our experts found a phone number. It turned out that it had already been used by an illegal online 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 the Forex market online broker? Make sure you can take money from him.
After analyzing the user agreement on the InvestCore website, our experts did not reveal any information available about the ways to withdraw earnings. In addition, our experts found mention of fines for a long period of inactivity of the account, while there was no information about their size. Since swindlers do not operate in the official field, it is impossible to cancel these fees.
That is, if the client has finished working with InvestCore, he may be disturbed by calls and spammed with a demand to pay a fine.
How does InvestCore work?
Suspicious and the way to search for new users, which uses InvestCore.
For promotion, fake social media accounts are used, in which fake users report how they instantly managed to get income by earning on Forex with the help of InvestCore. Advertising profiles show expensive cars and houses, holidays in resorts and other manifestations of a prosperous life.
Non-existent people guarantee instant earnings, for which you do not need to learn or make efforts.
When a potential client comes into contact with criminals, InvestCore managers confirm the possibility of instant profit, and in addition, about the unique features of their services, which will make it possible to quickly earn serious income.
Then various manipulations go into work, allowing you to get the maximum investment from the user. For example, you may be drawn with fake profits to inspire you to give more deposits.
When trading on the Forex financial market turns out to be unprofitable, the manager will recommend investing more in order to compensate for the losses.
InvestCore managers work on algorithms that were developed by skilled deceivers. Criminals analyze information about the client in order to influence weak points, lure out even more finances.
In any case, all this will come to one of the results:
- When you are about to get finance before you get into debt, you will be charged fees, prohibited from using assets, and will do anything to force you to transfer even more;
- When you allow scammers to credit your account, there will be threats, criminals will extort you to repay the fake loan.
Another method to earn income for InvestCore can be the transfer of your personal information to third parties. We think that, after that, detailed information about you will be possible to purchase for a small amount on some anonymous service on the shadow Internet.
It is likely that as a result of this, various scammers, sales managers, etc. will call you. In addition, we should wait for messages from colleagues Investcore.pro, who will begin to offer the "return" of lost finances, of course, for a fee.
Since InvestCore does not operate in a legal field and remains incognito, Investcore.pro cannot be forced to be liable under current law in the UK. The bosses of the fraudulent company are diligently hiding and in the best case, law enforcement agencies will be able to catch one of the "employees".
Can I work with InvestCore?
It is forbidden!
If you are going to give finances to scammers, then give them to a good deed.
Let's briefly list the facts indicating that InvestCore are scammers:
- Lack of official registration;
- No demo period;
- There is no information about the owners of the organization;
- Phone number found in fraudulent schemes;
- Negative score;
- Credit ratio greater than 1 to 50;
- Negative reviews;
- False information on the website.
Detailed review of InvestCore - over. It is clear that InvestCore are criminals.
For your safety, we have compiled a complete list of unscrupulous brokers.
