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Investlead Review: Investlead.co Forex Scam Exposed

Investlead Review: Investlead.co Forex Scam Exposed

Investlead (Investlead.co) is another CFDs and Forex scam platform targeting unsuspecting online investors. Invest Lead is claiming to change the life of anyone who signs up with a promise to become rich. Such platforms cause havoc in the trading world since they go under sooner rather than later. And this is a classic example of why we must expose this platform. Read this honest and detailed INVESTLEAD Review for more.

Investlead

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Investlead Review

After receiving numerous email complaints from members of this platform, we decided to investigate. What this platform does is lure investors into signing up using over the moon claims and promises. With a promise of having money and freedom to do whatever you like, unsuspecting investors are signing up. The problem with this platform is that they don’t have anyone to back up their claims. We have irrefutable evidence proving that Investlead is a total scam.

Professional scam artists will come up with a well-designed website and advertisement to lure investors. At first glance, the website looks real and gives you a reason to want to sign up. With claims of helping you have a happy family, who wouldn’t want to sign up? Before you do, ask yourself a few questions. Why has this platform never been recognized by the trading community? If their claims were true, you would have heard it all over the internet and news channels. They are clearly up to no good.

About Investlead

According to the disclaimer at the footer of their homepage, Gozala Enterprise Limited owns the platform. The disclaimer goes ahead and states St Vincent and the Grenadines as their base of operation. By their own admission, they openly state that they are offshore brokers. Offshore brokers are notorious for flaunting industry set regulations and rules. What you need to know is that St Vincent and the Grenadines is a haven for online scam platforms. Any platform from this area should be treated with caution.

Another shocking feature we must expose with Investlead is in regards to anonymity. No one knows who the actual founding members are. You would expect the website to have information regarding the owners of their mother company. No one should deposit funds to a platform with no clear ownership details. Without the names of people running the website, you could be helping a money laundering scheme. Smart investors will stay away from such platforms to avoid problems in the future.

Is Investlead licensed or registered?

Investlead License and Registration

Disclaimer at the footer of the homepage has a license number posted, 25318. Professional scam artists will do or say anything to make sure their platforms appear legit. We did a search using the official regulatory body’s website to see whether the platform is licensed. The Financial Services Authority of St. Vincent and the Grenadines does not have any platform licensed with this name. And this is proof we are dealing with a scam platform which is using random license numbers.

If this platform was legit as they claimed, why not post matching license certificates. A true and legit platform will post details of their license for all to see. By doing so, they help create a trusting relationship with investors. Lack of these vital documents is proof we are dealing with a shoddy platform. Once you deposit funds with this platform, chances are it is the last you will see of it. Make the right decision and stay away from such illicit trading platforms with no legal bearing.

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Advantages of Investlead

We could not come up with any advantage of using this platform. With the number of complaints rising by the day, this is clearly an illicit platform. Apart from the complaints, the platform lacks proper regulation from authorities. What this means is that funds are never secure and the platform can shut down at any time. No one should expect any compensation from Invest Lead as they don’t participate in a compensatory scheme. With this as proof, you don’t need to lose your money signing up with them.

Disadvantages of Investlead

Account Types

Investlead Account Types

Investlead is furnishing users with six account types to choose from. These accounts are listed as Micro, Standard, Platinum, Premium, VIP, and Business. What we noticed odd with these accounts is how similar they are to each other. Why would an investor deposit $500,000 and get the same features as one who deposits $25,000.  Another problem with the accounts is promise of having a dedicated account manager. These account managers only call you when they demand you deposit more funds.

Customer Support

When it comes to customer support, you will want a broker who is available at all times. These are some of the most important aspects to look out for when signing up with an investment platform. And this is why we believe Investlead is a bad option as they don’t offer live chat support. With today’s modern technology, you would expect the platform to have live chat support. Emails are slow as response takes time while the number given is busy throughout the working days.

Demo Account

A demo account is an important feature as it gives users a chance to test how a platform works. The problem with their demo account is that it produces insane results after trading. These scam artists have rigged their demo account to produce over 98% successful wins. By doing so, they fool investors into believing their platform can produce such high profit margins. And this is why you must stay away from this platform. They only want to lure you and ensure you deposit real funds to them.

Deposit and withdrawal

When it comes to depositing funds with this platform, the area is well-covered. You can fund your account using various depository channels available on the platform. Some of the depository channels include Maestro, MasterCard, Troni Pay, Visa, and others. What seems to be the main problem is that you will never get to withdraw funds with this platform. No member has come out with evidence of ever withdrawing funds with this platform. Make sure to never deposit funds with this platform.

Are funds safe with Investlead?

Investlead Trading Platform

How can funds be safe with a platform which is claiming to be based in St. Vincent and the Grenadines and Estonia? Where are they actually located? Segregation of accounts is another problem which must be addressed. It seems Investlead is pooling funds in one account which is against set industry rules and regulations. Make sure to stay away from this platform or else face the consequences.

Is Investlead a scam?

After checking all the evidence we have, we are sure Investlead is a scam. Make sure to mark their emails as spam and never click on any links sent by their email market team. Warn your family and friends from signing up with this illicit platform. With such behavior, we are sure this platform is about to close shop. Make sure you stay away from it and block all contact with them.

Final Thought

We will be adding this platform to our scam blacklist to ensure our readers are kept safe.

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Wishing all investors a happy and prosperous trading experience.

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