In this Invest100- broker review, we do not recommend Invest100 for trading because of many reasons that we’ll highlight in this article. Read on…
What is Invest100?
This review looks at the safety of Invest100.com, a broker established in 2018 and is headquartered in Saint Vincent and Grenadines. The broker presents itself as an innovative broker providing seamlessly easy trading in the financial markets. They offer forex, indices, shares, futures, energies, cryptocurrencies, etc. Invest100 also supports MetaTrader4, promising quick order execution, fast withdrawal, and professional customer support for its users.
Is Invest 100 a scam?
As an unregulated broker, Invest100 works in such a way that they contact people via a phone call or email and persuade them to invest an initial minimum deposit. They use manipulative methods to ensure you fall for the initial deposit push, such as doubling your deposit as soon as your transaction is complete or even promising you $100 per day once you deposit. Unfortunately, once you deposit, you’re redirected to one of their urgent referred to as retention agents, whose role is to ensure you deposit more funds into your account in the promise of more unrealistic returns.
|Regulation||Not regulated by any legitimate financial regulator|
|Broker type||Forex, Cryptocurrencies, ETFs and CFDs|
|Platform||Invest100’s own platform|
|Deposit options||Card, e-wallets, bank transfer|
|Raw materials (commodities)||Yes|
|Withdrawal fees||Not specified|
Commissions and Fees
Invest100 is a commission-free broker, and they have no hidden charges or extra fees on your earnings.
Is it well regulated?
Invest100- An alarming scam. Upon perusing through this broker’s website, we notice that they do not operate under any regulating agency, which is a big RED flag when it comes to brokers. Being unregulated means that customers are not protected well enough as no one can hold the broker responsible if they defraud users. So, is Invest100 Scam or Legit? Read on to understand.
Is Invest100 safe? Is my money safe with Invest100?
The fact that Invest100 is not regulated is enough reason to doubt their legitimacy. Invest100 has also noted that they work with other external apps/websites that offer “automated trading software.” Usually, these kinds of software or websites are known to scam their unsuspecting users.
|Lots of currency pairs: One of the pros of Invest100 is the lots of currency pairs that are not available in other brokers. Invest100 offers some attractive instruments to trade on, including forex, stock, indexes, and cryptocurrencies. |
Many payment options: Invest100 also has various options for payment options for users, including Wire Transfer, Credit/Debit Cards, Neteller, Skrill, QIWI, WebMoney, AstroPay, Paysafecard, and Yandex.Money.
|Poor customer support: It’s on record that Invest100 only provides email and chat support on their website. They do not provide office support, neither can you make any inquiry with a phone call. |
Unregulated: Invest100 claims to be regulated by FSCA (South Africa) 49976. However, one would wonder why they’re regulated by a country where they are not hosted. They are headquartered in Saint Vincent and the Grenadines, a Caribbean country, but regulated in South Africa. That’s suspicious enough; hence it makes no sense.
Suspicious withholding of withdrawals: Users from online forums have claimed that Invest100 withholds withdrawals for months without proper justification. This can be inconvenient, given that their customer support is equally limited to chats and email.
Can I make money with Invest100?
Is Invest100 legit? Can you make money investing in Invest100? You may appear to have made money on paper, but the probability of losing all your investment is high. They don’t look legitimate, hence making it the question of how they manage to give such ridiculously high returns.
Invest100 Deposits and withdrawals
Depositing money in your Invest100 account is pretty much easy because they offer a comprehensive option of deposits from credit/debit card Skrill. You can also withdraw with your preferred options. However, withdrawal tends to take long, sometimes up to a month.
Invest100 has somehow poor customer service, with the only options of reaching out to customer support being an email or chat app on their website. They do not offer phone call services or even social media engagement support system.
Invest100 Payment Methods
The broker accepts most credit/debit cards, including VISA, MasterCard, Maestro, etc. Depositing money into your Invest100 account via credit/debit card will be instant.
Invest100 Trading Platform Options
You can only trade on the web version of the Invest100 platform. They do not have an app for trading. However, their web option is mobile optimized and works well for anyone who wants to access it via their mobile.
Invest100 Account types
The broker has four account types for users: standard, premium, platinum, and VIP.
The account types are intended for different categories of users. For example, while standard account type has basics such as economic calendar, welcome bonus, daily video market review, etc., this account type lack auto chartist market alerts, reports, and forecasts, dedicated account manager, etc. The latter offers are all available for platinum and VIP users.
Invest100 may have a robust website for easy trading, excellent welcome bonuses, and lucrative offers for investors. However, many indicators show that Invest100 is a scam. They are not regulated, promises unrealistic return on investment, and work with suspicious “automated trading software” known for defrauding users.
Is Invest100 a scam or a good forex broker? Invest100 is not trustworthy; thus it’s a scam.
Is Invest100 any good? No, Invest100 is not good. Any broker with suspicious activities can disappear with your money anytime.
Is Invest100 safe or a scam? Invest100 is not safe; it’s a scam waiting to explode.
Are funds safe with Invest100? Invest100 is not a secure platform, and your funds are not safe in your account.
Is Invest100 trading Legit? Invest100 is NOT legit. It’s one of those offshore companies engaging in suspicious activities.
Is Invest100 good for beginners? No, it’s risky for a beginner who does not understand the risks involved when you work with scam platforms.
What is the minimum deposit for Invest100? $250.
Is Invest100 a trustworthy broker? No, Invest100 is not a trustworthy or reliable broker because they are unregulated and offer suspicious returns on investments.
Is Invest100 regulated? No, Invest100 is not regulated by any legitimate financial regulator.
How can I start trading with Invest100? You can register with them on their platform, as the process is pretty much straightforward. However, be warned that you may lose all your investment to scam.
Is my money safe with Invest100? No, your money is not safe with Invest100.
Can you make money with Invest100? You may make money on paper, but there’s no guarantee that you’ll be able to withdraw your money.
Does Invest100 have fees? No, they don’t charge any fee for trading on the Invest100 platform.
When was Invest100 founded? It was founded in 2018 and had its headquarter in Saint Vincent and Grenadines.
How many people use Invest100? It’s not clear how many people use Invest100. The figures they provide can never be verified or trusted.
If you are looking for a Spanish review on Invest100 see it here.