JPM Invest (Jpm-invest.com) is a brutal Crypto Currency and Forex scam to hit the lucrative trading world. JPMInvest is claiming to offer one account which has access to the global market. Are all these claims true? Products being traded are CFDs, Crypto Currency, Forex, and shares. Most members are crying foul after being misled by this broker. What’s happening at JPMINVEST? Read this eye-opening JPM INVEST Review for more details.
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After receiving over twenty email complaints from members, we knew something was amiss. An investigation was underway to determine why members were ruing signing up with this broker. Investors are enticed easily by scammers who promise heaven only to deliver hell. Empty claims and promises are used to lure investors into signing up? Most investors don’t conduct their research when signing up. Does the broker have a proven reputation?
Professional scam artists will use empty claims and promises to entice investors into signing up. JPM Invest is no different as they have used fake claims all over their website. By cloning a trader’s website, these scam artists fool investors into believing this is a legitimate platform. From our investigation, you will find out the dirty tricks used by these scam artists. What should you avoid when dealing with online scams? Read this entire JPM Invest Expose for more damning details.
According to details posted on their homepage, this website is ran by MCF Invest Group LTD. The mother company is based in Marshall Islands which makes JPMInvest an offshore brokerage firm. A good way to stay out of trouble is ignoring all offshore brokers. In most cases, offshore brokers will close down business once they have your deposits. JPMInvest is also conducting the same illicit practice.
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Another shocking detail we noticed is how they fail to disclose their actual names. Who are the founding members of this website? Where can we get the actual names of people running this website? These are important details investors should know before signing up. Investors trust their funds with an unknown third party entity. Make sure you don’t become their next victim and stay away. JPM Invest is about to cheat investors of any funds they have deposited over the last few months.
Most of the regulatory bodies we contacted have never heard of JPM Invest. To know whether a broker is legit, they have to be licensed by ASIC, COSNOB, CySEC, FCA, FSA, and NFA. If a broker is not recognized by these international bodies, they are not worth your time and money. Depositing funds with JPMInvest will lead to more harm than good. Make sure to stay away.
Why have they failed to post any copies of their licensing documents? Looking at the disclaimer at the footer of their homepage, there’s no information regarding licensing number. A real broker will post details of their licensing to prove authenticity. Make sure to stay away from any broker who hides their licensing details. By posting their license and regulatory documents, brokers show authenticity and transparency. Lack of these vital documents is proof we are dealing with an illicit broker.
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JPM Invest is furnishing users with three different account types to choose from. These accounts are named Standard, Gold, and Pro. Why we are sure this is a scam is their unfair account features. Most of the features are the same which makes us question the intent of this broker. Why would an investor deposit $10,000 and get same features as one who deposits $1000? And this is where we draw the line with JPMInvest. Don’t open any account with these scam artists.
Why do they prefer members to send emails? Emails are one way communication channels and they may decide not to respond. In case you send an email with withdrawal request, response takes time. If asking how and how much to deposit, response is quick. After their fill their pockets with your funds, they will shut down this platform.
JPM Invest is claiming to offer MT4 trading platform. In order to test how well their platforms works, we decided to download it. And this is where we noticed a huge flaw. These are simply scam artists who don’t know anything regarding trading. Their platform could not complete setup and download was slow. Set up stalled at around 45% which is proof we are dealing with an unstable platform. Unstable platforms are bad news for investors for a number of reasons.
Hackers find unstable platforms as easy target for credit card and identity data theft. Why is their platform a target? Lack of proper security features is a reason why this broker is facing problems. There’s no DDoS and SSL Encryption protection which makes this a total sham. Make sure to stay away from any platform with no proper security detail.
How can funds be safe from a broker who is anonymous and based offshore? Have you noticed they fail to post any details regarding how they handle funds? Which banks do they use to bank funds deposited by members? These are some of the main reasons why using this platform will lead to more misery. Did you know members are depositing funds straight to owner’s bank account? Now you know JPM invest is another cruel online platform stealing from investors.
Another perturbing issue is when it comes to segregation of accounts. Merging of assets in one account is risky and against trading regulations. JPMInvest is pooling funds in one account which puts assets at risk. Insolvency will occur next and members should not expect any compensation. JPMInvest is not insuring funds as expected.
JPM Invest is a certified scam which must be exposed. Mark all their emails as Spam and resist from joining any of their affiliate programs.
Adding this broker to our scam blacklist will help protect our readers. Stay away from this and any other online platform which shares similar characteristics.
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Wishing you all the best in your trading.
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