Full review on InvestCore broker
The Internet broker InvestCore, which operates in England, is considered a scammer with a damaged reputation.
When we go to the official website of InvestCore - Investcore.pro, we will read that this organization offers brokerage services for Forex trading operations in the UK. InvestCore also provides software for financial transactions.
Our experts analyzed the official website of InvestCore, got acquainted with the terms of action, tried to get test access to the services, investigated the availability of securities, the place of registration of the organization.
With the help of the information received, we will find out: Is InvestCore a scam or not?
We will also tell you how not to fall into the trap of scammers, about their work algorithms. We will tell you the information you need to keep your investment safe.
InvestCore is based offshore
The main sign that Investcore.pro are criminals is the country of registration. Documentally, the organization is registered in the Republic of the Marshall Islands, which is already suspicious, since the company operates in England. Offshore regions are popular with scammers due to the absence of the need to comply with the law and supervision.
Moreover, this country does not have permissions to trade in the Forex market.
In addition, when our experts tried to identify the real address, mentions of the owners and management of InvestCore, they could not reveal anything.
This already hints that Investcore.pro is a shady online broker, working with which will result in significant financial losses.
No data found about InvestCore organizers
After examining the site, our experts could not identify plausible information about the owners of InvestCore. No address, no phone number or any other way to get in touch.
Usually, this means that the actual leaders are trying to hide themselves in order to elude responsibility for their crimes. If you manage to find one of the employees of InvestCore, then this will all end, and the real organizers of the criminal organization will remain at large.
InvestCore, official website - InvestCore, has been working for less than a month
The official website of InvestCore talks about serious experience in the Forex market.
The most common way to study any official site is to get information about the domain. As a rule, they fix the validity period of the domain, the contact details of its owner.
In our case, the InvestCore domain name is valid for less than one month, and all information about the person who owns it is hidden. Another evidence that the director of InvestCore is trying to remain incognito.
This desire can be supported, but not in those cases when it comes to a financial institution that works as an intermediary between the user and Forex.
At the same time, Investcore.pro themselves assure clients that they have been successfully trading in the Forex market for many years.
Investcore.pro does not have a demo period
It is a normal practice for online brokers to give clients a test version of the software so that they get acquainted with the interface and test their skills in Forex operations with virtual money.
Unfortunately, on the official site Investcore.pro, we did not find any mention of the demo period, the opportunity to try the programs.
Probably the organizers of the Investcore.pro organization simply do not plan to provide customers with test access to their software, since someone may begin to suspect fraud.
Broker Investcore.pro operates with a negative score
Legal organizations that operate in the Forex market do not use a negative account in their work. By law, a broker user is not able to spend more now on the balance sheet. In cases where the account still goes into negative territory, the loan will be required to be repaid not by the client, but by the company that provided its services.
In accordance with this, registered online brokers do not use a negative balance in their work.
And yet, Investcore.pro offers its clients to work with a negative account, that is, on credit.
What is it for?
In order to drive the trader into a minus and require him to pay the debt. This is one of the most popular methods of fraud used by financial scammers.
If this happened, it must be remembered that the deceivers have no way to knock out finances under British law. Any form of pressure on you is illegal. The maximum that scammers are capable of is to disturb with calls, send messages with demands.
It is impossible to work with InvestCore, since any attempts to reach an agreement will result in new losses.
InvestCore operates with a credit ratio of one to 400 or more
Already, it becomes obvious that InvestCore are scammers. And yet, let's point out another fact, namely the existence of an extremely high leverage.
The credit ratio is the ratio of the finances of clients and brokers when making a transaction. Leverage makes it possible to close significant trading operations for users who do not have large amounts of money available.
In order to protect users of the Forex market, in civilized countries, the current legislation provides for the use of a credit leverage with a maximum ratio of 1 to thirty, in exceptional cases 50.
At the same time, InvestCore applies a leverage of one to 400 for trading in the Forex financial market.
This attitude is allowed in Switzerland, as companies registered in this country enjoy considerable confidence. However, InvestCore is not registered in this state.
In fact, InvestCore do not have permission to conduct Forex transactions with such leverage, due to the high risk for clients. Accordingly, this is used only to force the user to give more personal funds, but also to drive him into loans.
InvestCore Local Branches
It is considered prestigious for every company to have local branches in civilized countries, even if the activity takes place only in Britain. So InvestCore says that in addition to a large number of bonuses, they have regional offices in England, Australia and other civilized regions, and in addition about a large number of skilled workers.
It is easy to check the existence of these subdivisions. Since specialized organizations are known that control the work of brokers. In the UK it's FCA, and in Australia it's ASIC.
Accordingly, a legal organization must have official papers from these or other structures that will prove their ability to provide Forex trading services, determine the level of responsibility.
However, after analyzing specialized official sites, we did not find them. This once again reinforces our suspicions.
Registration on Investcore.pro requires the transfer of personal data
As we said before, InvestCore does not have a trial period and therefore, in order to gain access, you must immediately pay the minimum deposit to the InvestCore bandits. In addition, creating an Investcore.pro personal account is possible only upon successful completion of user verification.
This means that InvestCore requires users to provide information such as:
- Information about an individual (passport, driver's license, etc.);
- Information about permanent place of residence (receipt for utilities);
- Information about qualifications, place of work, length of service.
In addition, during the initial transfer, criminals can gain access to bank account data.
Combined, this data may allow scammers to make a loan to a trader or carry out other illegal operations.
Since for registration on the official website Investcore.pro, you need to transfer personal data, our experts did not get access to the personal account of InvestCore as well as software for trading on Forex.
Reviews about InvestCore
The most important step in exposing InvestCore is the analysis of customer feedback.
A detailed analysis of the search results on the Internet allowed us to obtain the following information:
- Most of the reviews and references to InvestCore online are fake. These are stereotyped positive reviews and custom mentions;
- All real reviews and references to InvestCore are bad. We have not been able to find any references from Investcore.pro clients that mention decent profits, successful trading.
- Bad reviews are associated with illegal activities, theft of investments, special creation of credit.
In accordance with this, real reviews of InvestCore indicate that the broker in question is a scammer.
Contact details and papers InvestCore
After analyzing the mentions on Investcore.pro, our employees found a lot of dubious digital papers that can be easily made using 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 clients simply have nowhere to turn for help.
On the "Contacts" page, our employees saw 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 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.
Studying the user agreement on the InvestCore website, our experts did not find clear information about the ways to withdraw funds. We also found a description of the penalties for account inactivity, but did not find information about their amounts. Since the scammers do not operate in the legal field, it is impossible to protest these fines.
Therefore, if the user has ended cooperation with InvestCore, they can start disturbing calls and send messages demanding to pay a fine.
How does InvestCore work?
The way InvestCore uses to find new users is also alarming.
For advertising, fake social media accounts are used, in which fake bloggers talk about how they instantly managed to get rich working on Forex with the help of InvestCore. Non-existent people put on display expensive cars and clothes, trips to resorts, and other manifestations of a prosperous life.
They promise rapid income growth, for which you do not need to study or make efforts.
When a user comes into contact with scammers, InvestCore employees talk about the reality of instant earnings, as well as the unique abilities of their programs, which will make it possible to immediately earn a solid income.
Further, all sorts of tricks go into the work, allowing you to get as much investment from the user as possible. For example, a client may be given a fake profit to inspire them to give away even more funds.
When work on Forex becomes negative, the manager will offer to transfer even more in order to close the debt.
InvestCore managers work according to manuals created by experienced manipulators. Swindlers analyze information about a trader in order to act on vulnerabilities and get even more money.
One way or another, all this will come to one of two options:
- If you decide to get finance before you find yourself in loans, you will be charged fees, forbidden to use the money invested, and will do everything to force you to pay more;
- When you give the scammers the opportunity to drive the balance into a minus, threats will come, the bandits will begin to extort to repay the fictitious loan.
Another way to generate income for InvestCore is to sell your personal information to third parties. Most likely, as a result, detailed information about you can be bought for a moderate amount on some anonymous service on the shadow Internet.
Surely, because of this, various scammers, sales managers, etc. will call you. You can also expect letters from Investcore.pro colleagues who will offer a "return" of lost deposits, of course for a reward.
Since InvestCore does not work in a regulated field and preserves incognito, InvestCore cannot be forced to respond under the law in England. The leaders of the shadow company are skillfully hiding and, at best, law enforcement agencies will be able to capture one of the "managers".
Can I work with InvestCore?
It is forbidden!
Only if you are going to transfer money to scammers, then it is better to spend it on a good deed.
Let's briefly list the evidence that says that InvestCore are criminals:
- Lack of official registration;
- No demo deadline;
- Lack of information about the owners of the company;
- Phone number found in shady scams;
- Negative balance;
- Credit ratio greater than one to 50;
- Negative reviews;
- False data on the website.
This completes the InvestCore review. It is clear that InvestCore are bandits.
You can check out the full list of brokers to bypass.