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Binvesting Review: Binvesting.com a Legit or a Scam Forex Broker

Binvesting Review: Binvesting.com a Legit or a Scam Forex Broker

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Binvesting views itself as a powerful trading entity. The platform is allegedly offering the best liquidity and trading speed in the industry. The company is additionally providing trading education to investors.

Unfortunately, you should not trust this firm with your money. They are making bold claims, yet the company does not verify their trading activities. The platform is trading indices, forex, and commodities.

Binvesting is an offshore investment entity. The company claims it provides investors with the best market update in the industry. They send trading signals to their clients on time. However, the big question you should be asking yourself is whether the firm is trustworthy or not.

In this review, we shall give you unbiased details and features regarding this company. Ironically the venture states that it is transparent and secure. The platform does not feature any information about the owner or team of the founder.

Binvesting claims that it offers the best trading tools in the industry. The platform is accepting traders across the world. Moreover, they state that their main goal is to provide the best experience to investors. The firm has several loopholes.

Binvesting.com Review

The company claims that they are continuously upgrading their trading platform. However, the firm does not have trading reports. Hence, it is hard to consider this entity as the best firm. The company cannot be regarded as the best venture.

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Binvesting stats that it has over 1000 clients globally. The platform has been in the industry since February 2017. They have weak traffic of 8 million. The company is infamous despite surviving this long in the market.

The platform states that funds are secure in their venture. However, they have not met the setup measures. Additionally, the firm does not discuss in detail their trading activities. Trusting them will be an irreversible mistake.

Binvesting Review, Binvesting Platform

Binvesting has an affiliate program that they urge investors to invite other traders. The company claims there are multiple bonuses available for their clients. We do not recommend this firm to traders in the market.

Invest with the best forex trading brokerage in the market. Platforms that you can entrust with your funds. They have the best professional team, and transparency is one of their elements. Invest with legit companies that have the best customer service.

Available Trading Platform

Binvesting is offering an MT4 trading platform for its clients. Several traders prefer this interface due to its ease of use. It has also been around for many years. You can trade automatically. We cannot exhaust the multiple benefits of the trading platform. Unfortunately, it does not change the fact the entity is unregulated.

Binvesting.com Trading Conditions

Binvesting is offering an average spread of 2 pips. The highest amount of leverage that you can expect from this entity is 1:500. It is a lucrative offer; however, the risk involved is enormous. The amount of power the entity is offering would be better if the firm is regulated. Unfortunately, financial watchdogs limit the leverage to 1:30 or 1:50.

Binvesting Withdrawal and Deposits

The platform is accepting funds via Credit and Debit cards only. They have three investment plans available that you can use. The least amount of money that you can deposit is $250. However, you can withdraw funds after 30 days of opening.

Binvesting does not charge any fees. The amount of money that you can cash out is $50. The platform has bonuses that they offer to traders. However, to cash out your prize, you must meet specific criteria.

Regulation

Binvesting is a company that is supervised by UMO World Corporation LTD. The platform is registered under this number 105515. The company is based on Marshall Island. The country does not regulate forex trading activities.

Therefore, this is an ideal location for the majority of the scam venture in the industry. The platform does not offer fund safety to investors. Trusting an unlicensed offshore firm is a mistake. They can do whatever they please without minding the outcome.

Most often, most of these offshore companies disappear in the thin year after scamming several traders. Worst of all, Binvesting has been blacklisted by the Financial Conduct Authority of the United Kingdom.

Hence, this is a major red flag that should show you the real colors of this monster. The company does not meet the strict measures that regulatory bodies have enhanced. Therefore, you won’t be compensated once their website collapses.

Binvesting is a broker that is not worthy of your trust. The entity does not segregate investors’ money. The possibility of money being deposited in the same account as that of the scammer is very high. Invest in a platform where your money and data will be secure.

Binvesting Contact Details

The platform can be contacted via email and telephone number. Their office address is at Ajeltake Road, Ajltake Island, Majuro, Republic of the Marshall Island, MH 96960. The company does not have existing clients’ feedback.

The entity claims to have won several awards. However, we cannot verify the statement. Binvesting states that it has 24/7 customer support that will respond to investors’ queries immediately.

An offshore company will say anything to win your trust. We are against such a form of investment platform because most of them leave clients desperate after stealing their money. It is hard to trust.

Is Binvesting Legit?

Binvesting is not a legit investment company. It is hard to make money with such an entity. Furthermore, you do not know whether they will be in the market the next day. Any government does not regulate the entity.

The worst thing is that they have received a warning from the authority. Hence, this should act as a warning to traders. The platform is located at Marshall Island, an area that attracts several scammers in the industry.

Binvesting has been in the market for 3 years. However, they do not have the clients’ testimonials. There is no proof of trading activities taking place on this platform. The company has many red flags.  

Binvesting is a fully anonymous firm that does not claim to be overseen by an offshore corporation. There are no complaints regarding this company, but it is better to be safe than sorry. They have low traffic coming into their website.

Therefore, it appears investors are not buying the narrative of this shady firm. The platform is proving high leverage to traders, but considering the company is deceptive, it is not worth the time. Moreover, they provide a MetaTrader4 platform.

The safety of your money is the top priority. The venture is a firm that creates more suspicion than trust. Client money is not kept in different accounts from that of the founder. Be a smart investor and stick to regulated forex trading companies.

Final Verdict

Binvesting is a company that is suspicious and more of a scam. We will not recommend the entity to traders. The red flag that we have discussed above gives more reason for staying away from the platform. The location of this company is infamously known for all the wrong reasons.

Trade with licensed forex brokers that are reputable and the best. You will earn a decent amount of returns. However, keep in mind that you cannot get rich overnight. Educate yourself on how the market works not to end up a victim of scam entities. 

 

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2 Replies to “Binvesting Review: Binvesting.com a Legit or a Scam Forex Broker”

  1. Can you report on Eliumcoin who is located on Marshal Island as well Where I have invested a million bucks and cannot get a dime from them. Please report

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