InvestPlusAI: Beware of Forex fraudsters

InvestPlusAI Forex broker review debunking
  • Jonathan Rowe
  • 17.11.2023

Investment frauds in the Forex market continue to flourish. Every day new unscrupulous brokers offering services of dubious quality appear. InvestPlusAI is one such broker. In this article, we will examine various aspects of the company's activities, as well as provide facts and evidence to prove its unscrupulousness and fraudulent practices.

InvestPlusAI: Company Overview

InvestPlusAI appeared on the Forex market only a few months ago, but it has already managed to attract the attention of many traders. The representatives of the company talk about years of experience and a million open accounts, but in reality these are just empty promises. The company's website is underdeveloped, and it lacks legal documents and contact information. The broker does not comply with regulatory requirements, does not have a normal user agreement and charges hidden fees.

Fraudulent activities of InvestPlusAI

News falsification and technical manipulation

InvestPlusAI is known for its tendency to falsify news and engage in technical manipulation. These practices create a false picture of the company's success and reliability, which can be misleading to inexperienced traders. Such manipulations include artificially raising and lowering asset values, creating false signals for investors, and publishing false data and information.

Unfairness and lack of documentation

InvestPlusAI does not provide legal documents, licences and financial statements. This is a clear sign of an unscrupulous company that hides its history and inconsistencies. The lack of transparency and regulatory oversight leaves traders unprotected and puts them at risk of losing money.

Customer Deception and Negative Reviews

Hundreds of defrauded customers and negative reviews are evidence of InvestPlusAI's unreliability. Many customers complain about the inability to get their money, as it is simply unrealistic to request a withdrawal. The company also uses bots to inflate the rating and publish positive reviews, creating an illusion of reliability and stability.

Intrusive behaviour and unprofessionalism of employees

InvestPlusAI employees display intrusive behaviour and lack professionalism. They call customers, impose incomprehensible products and initiate contact first. The company also ignores customer inquiries and fails to provide proper customer service.

Why is InvestPlusAI a scam?

InvestPlusAI is not trustworthy for several reasons. The lack of legal and contact information, documents and licences is a sign of bad faith. In addition, the company is engaged in price manipulation, data falsification and deceiving clients. Quotes differ significantly from the market, orders are executed with delays, and clients' accounts are debited with unaccounted payments.

How to avoid Forex fraud?

To avoid Forex fraud, you should take some precautions:

  1. Research the company: Do a thorough research on the company, check its reputation, licences and regulatory standards.
  2. Customer Reviews: Pay attention to the customer reviews about the company. If there are a lot of negative reviews and complaints, it could be a sign of unreliability.
  3. Check the documentation: Make sure the company provides all the necessary documents including user agreement and financial statements.
  4. Be careful with personal information: Do not provide the company with your personal information without proper verification and confirmation of its reliability.
  5. Consult a financial advisor: If you have doubts or questions, consult a financial advisor or investment expert.

InvestPlusAI is a fraudulent company that does not deserve traders' trust. Follow the recommendations and precautions to avoid losing money and having a negative experience. Take care of your investments and choose only reliable Forex brokers.

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