Digital Investiocoin Group - scam! Forex Broker review
27 / March / 22 Visitors: 74
The online broker Digital Investiocoin Group, which operates in Britain, is considered 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 organization offers trading services on the Forex financial market in the UK. Digital Investiocoin Group also offers services for financial transactions.
Our experts looked through the official website of the Digital Investiocoin Group, got acquainted with the terms of action, made attempts to get at least demo access to the services, looked at the availability of official papers, the region of the company's residence.
With the help of this data, we will find out: Is Digital Investiocoin Group a scam or not?
We will also explain to you how not to fall for the hook of deceivers, about their methods of work. We will provide all the necessary data in order to keep your investments safe.
Digital Investiocoin Group firm based offshore
A serious signal that digitalinvestio-fx.online are criminals is the registration state. Documentally, the organization is registered in the Marshall Islands, which is already doubtful, since the Digital Investiocoin Group operates in England. Offshore countries attract the attention of swindlers due to the lack of laws and executive power.
In addition, this state does not have the rights to trade on the Forex market.
In addition, when our experts tried to find the legal address, information about the owners and management of the Digital Investiocoin Group, they could not find anything.
This hints that Digital Investiocoin Group is an illegal broker, cooperation with which will result in serious financial losses.
Could not find information about the management of Digital Investiocoin Group
Having studied the official website, our experts could not find plausible information about the management of digitalinvestio-fx.online. No physical address, no phone numbers or other means of contact.
Basically, this means that the actual directors are trying to hide information about themselves in order to elude the answer for crimes. If one of the employees of the Digital Investiocoin Group can be identified, then this will all end, and the actual leaders of the shadow company will remain free with the money.
Digital Investiocoin Group, website - Digital Investiocoin Group, is less than a month old
The website digitalinvestio-fx.online talks about many years of experience in Forex operations.
The main method of studying any site is to obtain information about the domain. Most often, they indicate the period of operation of the domain, the contact details of its owner.
In this case, the digitalinvestio-fx.online domain name is valid for less than 30 days, and the information about the person who owns it is hidden. Another proof that the owners of the Digital Investiocoin Group are trying to maintain their anonymity.
This desire can be understood, but not when it comes to an organization working as an intermediary between a client and the Forex financial market.
In addition to this, digitalinvestio-fx.online themselves assure their potential users that they have been successfully operating in the Forex market for many years.
Digital Investiocoin Group has no demo period
It is a common practice for brokers to give traders a test version of their services so that they can get acquainted with the interface, try out their skills in trading on the Forex market with fake currencies.
Unfortunately, on the digitalinvestio-fx.online website, we could not find information about the trial period, the ability to try out the programs.
Probably the director of digitalinvestio-fx.online is simply not going to give clients trial access to the software, since some of them are able to suspect a scam.
Internet broker digitalinvestio-fx.online operates with a negative account
Registered companies that operate in the Forex financial market do not use a negative balance in their work. According to the laws, a trader of an online broker is not able to spend more now on his balance sheet. In those situations when the account still goes into a negative value, the loan will have to be repaid not by the client, but by the company that has provided its services.
Therefore, honest online brokers do not use a negative account in their activities.
However, digitalinvestio-fx.online offers users Forex transactions with a negative account, that is, in debt.
What is it for?
In order to drive the user into debt and demand a loan from him. This is one of the most commonly used methods of deception used by financial criminals.
In the event that this happens, it must be remembered that scammers have no way to recover money under UK law. Any means of influencing you is illegal. The maximum that the bandits are capable of is to call, send messages with demands.
You cannot cooperate with digitalinvestio-fx.online, as attempts to negotiate will result in costs.
Digitalinvestio-fx.online work with a leverage of one to four hundred or more
Already, it becomes clear that the Digital Investiocoin Group are bandits. And yet, let's point out one more fact, namely the presence of too large a credit ratio.
Leverage is the ratio of money of clients and online brokers when making a trading operation. Leverage allows you to close large transactions for traders who do not have the appropriate amounts with them.
In order to protect traders in the Forex market, in civilized regions, the legislation provides for the use of leverage with a maximum ratio of one to 30, in rare cases fifty.
At the same time, Digital Investiocoin Group applies a leverage of one to four hundred for Forex operations.
A similar ratio is allowed in Switzerland, since companies registered in this country enjoy high confidence. However, Digital Investiocoin Group is not registered in this country.
In fact, Digital Investiocoin Group are not allowed to trade Forex with such a credit ratio, due to the high risk to users. So, this is only used to force the trader not only to give away as much personal finance as possible, but also to drag him into loans.
Local offices of Digital Investiocoin Group
It is considered solid for every financial organization to have regional offices in civilized countries, even if the work takes place only in the UK. So Digital Investiocoin Group reports that in addition to a large number of awards, there are local offices in the UK, Australia and other civilized countries, and also about thousands of qualified workers.
It is easy to check the reality of these representations. Since specialized organizations are known that regulate the actions of brokers. In the UK it's FCA, in Australia it's ASIC.
Because of this, a law-abiding firm must have supporting documents from data or other entities that will confirm their right to provide Forex trading services, indicate the degree of responsibility.
However, after checking specialized websites, our experts could not find them. Which once again confirms the fears.
To register on digitalinvestio-fx.online, you need to transfer personal data
As we said before, Digital Investiocoin Group does not have a demo period and therefore, in order to gain access, you must immediately pay the minimum payment to Digital Investiocoin Group scammers. In addition, creating a digitalinvestio-fx.online personal account is possible only upon successful completion of user confirmation.
This means that the Digital Investiocoin Group requires its users to transfer data such as:
- Information about an individual (passport, birth certificate);
- Information about the permanent place of residence (scans of utility bills);
- Information about the place of work, qualifications, experience.
Also, during the first transfer, criminals are able to access bank card data.
Combined, this information may allow fraudsters to make a loan to a gullible client, or to carry out other illegal transactions.
Since to register on the official website digitalinvestio-fx.online, you need to send personal information, our experts have not been able to access the Digital Investiocoin Group personal account and services for transactions in the Forex financial market.
Reviews on Digital Investiocoin Group
An extremely important point of exposing the Digital Investiocoin Group is the analysis of user reviews.
An analysis of the search results on the Internet gave us the following data:
- Most of the Digital Investiocoin Group reviews online are fake. These are template positive reviews of the paid type;
- All real mentions and comments about Digital Investiocoin Group are negative. Our experts were unable to find true reviews from former clients of digitalinvestio-fx.online, which would mention big profits, efficient trading.
- Bad mentions are caused by criminal acts, money theft, special debt creation.
Because of this, reviews of Digital Investiocoin Group report that the online broker in question is a scam.
Contact information and official papers Digital Investiocoin Group
While studying the data on digitalinvestio-fx.online, our experts saw a lot of dubious digital white papers that can be easily done with a graphics editor. They are not confirmed by official companies, which means they cannot be trusted.
If an online broker is not associated with regulatory organizations, then users simply have nowhere to turn for help.
On the "Contacts" page, our specialists saw 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 indicated on digitalinvestio-fx.online.
Withdrawing money from digitalinvestio-fx.online
Are you going to make money with the help of an online Forex broker? Make sure you can take money from him.
Analyzing the user agreement on the website of the Digital Investiocoin Group, our specialists did not reveal clear information about the ways to withdraw earnings. In addition, our experts found a mention of fines for a long period of inactivity of a personal account, but did not find information about their amounts. Since criminals do not operate in the legal field, it is impossible to cancel these fines.
Because of this, if the user has finished working with the Digital Investiocoin Group, they may start calling and writing letters demanding to pay the fine.
How does Digital Investiocoin Group work?
The method of searching for new users, which Digital Investiocoin Group uses, is also alarming.
Fake social media profiles are used for advertising, in which fake bloggers talk about how they quickly managed to get income by trading on the Forex financial market with the help of Digital Investiocoin Group. Advertising accounts show expensive cars and houses, vacations in resorts and other signs of a rich life.
Non-existent people guarantee a rapid increase in profits, for which you do not need to learn or put in a lot of effort.
If a potential client gets in touch with scammers, Digital Investiocoin Group employees report the possibility of rapid profits, as well as some unique features of their services that allow you to quickly earn a solid income.
Then all sorts of tricks come into play, making it possible to get the maximum amount of money from the trader. For example, a user can draw a small profit in order to motivate them to transfer more money.
If trading on the Forex financial market is negative, the manager will offer to invest more to cover the debt.
Managers of the Digital Investiocoin Group work according to the methods developed by experienced deceivers. Scammers analyze information about the client in order to act on specific places, to lure out more money.
As a result, all this will lead to one of two options:
- If you want to receive money before you are in debt, they will draw fines for you, close your balance, and do everything to force you to transfer more;
- When you allow fraudsters to drive the account on credit, threats will arise, the bandits will demand the return of a non-existent loan.
Another way to make money for the Digital Investiocoin Group can be the transfer of your personal information to third companies. Most likely, as a result, detailed information about you will actually be obtained for a small amount of money on some anonymous community on the darknet.
Surely, because of this, all sorts of criminals, sellers, etc. will begin to call you more often. You should also expect letters from accomplices of the Digital Investiocoin Group, who will offer to “receive” lost finances, of course for a fee.
Since the Digital Investiocoin Group does not operate in the official field and remains anonymous, they cannot be forced to respond under the current legislation in Britain. The owners of the fraudulent organization are carefully disguised and, at best, the police will be able to catch one of the "employees".
Should I trust Digital Investiocoin Group?
If you are going to give finances to scammers, then it is better to spend them on charity.
In short, we will voice the evidence that Digital Investiocoin Group are criminals:
- No official registration;
- No test period;
- Lack of information about the owners of the organization;
- Phone number seen in illegal schemes;
- Negative score;
- Leverage greater than 1 to 50;
- Negative reviews;
- False information on the site.
Our review of Digital Investiocoin Group is over. Obviously Digital Investiocoin Group are scammers.