IWC Investment (Iwcinvestment.com) is a CFD and Forex broker to show face in the lucrative financial world. We have received numerous email complaints from hundreds of people who have lost money with IWCInvestment. What we did was investigate it and would like to share our findings with you. You will be shocked at what we found out. Read this whole review and find out the truth regarding IWC Investment.
IWC Investment claims to mainly deal with Crypto currencies. At first glance, one would easily believe what these scammers are selling. With a user-friendly interface for a homepage, it’s easy for newbies to trust anything. What we did was conduct a thorough and transparent review that aids in revealing all the dirty tricks used. From their sleazy promotional materials their stealing methods.
Most of these tricks used are not new and takes a keen eye to spot them. Best thing you should do is always investigate whether the broker is real or not. Scammers have mainly shifted to crypto currency since this is a new market. What IWC Investment is aiming for is to sign up as many investors as possible. After getting people to sign up, they will afterwards close the entire platform without notice.
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A question well asked. No one really knows who actually owns this fake crypto and Forex broker. It becomes quite difficult for us to deposit money to a broker whose identity is kept away from us. Scammers use anonymity to their advantage in that we cannot get a hold of them when things turn bad. It’s what they are known for, it makes it easier for them to behind a site such as IWCInvestment.
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Disclaimer at the bottom of the homepage claims that this brokerage firm is from Denmark. It also states that IWC Investment follows the regulations set under VUT. VUT is the synonym of the Danish Financial Service Authority. What these scammers have done is add a reference number to make it look legit. 23085 is the reference number these crooks have used to make it look like they are registered.
IWC Investment claims to use MetaTrader5 investment which is not the problem here. Problem with their platform is that it doesn’t work. We tried downloading it using various devices and download just couldn’t happen. At first, we thought it was slow connection, we increased connection speed and still, no download. Download stalled at 58% which was really troubling for us.
A platform that will not be available on your device and stalls is simply trouble. It means that this platform is unstable and prone to attacks. Hackers can easily take over this platform and take away all of our information. Worse still, they can take over and steal all your funds without the broker noticing. Reason we are saying this is we noticed IWC Investment is not SSL encrypted. It is simply not worth signing up with.
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According to IWC INVESTMENT homepage, they claim one can make payments seamlessly and securely. Deposits and withdrawals are apparently fast and simple. However, we don’t agree with this. Going through the web, you will notice just negative reviews regarding payment methods with IWC Investment. Top among these negative reviews is when it comes to withdrawing.
No one has been able to withdraw money with IWC Investment. Why? These are scammers and last thing they want is you to take back your money. Once you deposit with this broker, all your funds will be lost for good. It’s clear we are dealing with a professional scam outfit. How can we trust a brokerage firm that does not allow members to sign up with them? Simply put, we are not going to allow this to happen.
Hell No! IWCInvestment is not regulated anywhere on the face of the planet. Fact of the matter is, they have just created a fake number to prove their legitimacy. All they want you to believe is that they are a legitimate and honest brokerage firm. It’s far from the truth. None of these claims are real. We also tried to check whether their company has been registered anywhere on earth. It seems even their domain name was recently bought.
Also, we had to check with the Danish authorities to check whether this platform was actually registered as they claimed. It turns out the Danish Financial regulatory body does not have a clue on what’s going on. They have never signed up a broker with this name. It proves what we have been saying all along. IWC Investment is nothing but a scam in the making. You need to stop thinking about signing up with them.
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According to the website, there are two types of accounts, corporate accounts and Sharia accounts. These two accounts on offer have different perk. According to the website, these accounts have followed all the strict rules and guidelines set. However, we do not agree with them. For instance, the Islamic account offers bonuses to clients which is against rules and regulations.
Corporate account on the other hand wants to get as many businesses as possible. It means that their trap is larger and hence more victims. Don’t sign up with either of these accounts as you will lose all your money. Also, withdrawing is a problem since these scammers come up with fake excuses. One user claimed that she was told she hasn’t reached the required trading volume. It’s simply not going to help you.
IWC Investment is a scam waiting to pounce on unsuspecting newbies and investors. Best thing to do is avoid it as you possibly can. This is made possible by ignoring all promotional materials sent to you via email or YouTube. Make sure you list these emails as spam and don’t click to any link. If you click to any link you might make yourself vulnerable to malware and attacks from hackers.
IWC Investment is surely scam and we have no other option but to blacklist it. Users of this scam are crying over withdrawal issues and lack of proper customer support. Imagine that this platform does not even have a live chat support? It’s simply sad and annoying that scammers have reached this position. Ensure you stay away from it as much as possible.
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