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Wittan Invest Review: A FCA Clone Crypto Platform

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Wittan Invest Review: A FCA Clone Crypto Platform

Wittan Invest claims to provide the solution to asset management. The platform boasts of providing services with love while bringing you to the top. Despite their prowess in creating an aesthetically appealing website, there’s a huge red flag. The platform has been running for days and faces several complaints. Those who have signed up have issues accessing their investments. You, too, can be a victim if you aren’t careful. Here’s what we found out in our thorough WITTAN INVEST Review.

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A Brief Overview of Wittan Invest

Wittan Invest Review

On their about us page, Wittan Invest claims to be a leading global investment brand. These are false claims as the platform is barely 100 days old. Such blatant claims won’t go unnoticed, and we have to check the facts.

We give them props for coming up with an impressive website design. For the newbie investor, this looks like a perfect investment opportunity. Everything lines up, including the industry imagery and jargon.

After further investigation, that’s when you will realize the problems facing members. Not all investors get to do due diligence. And this is why this review is for you. We have to keep investors safe from rogue investment platforms.

WittanInvest is a platform claiming to reside in the UK. There’s a reason why they choose this as their preferred location. The UK has strict regulations, and they want it to appear that they follow these rules of conduct.

Far from it, the platform doesn’t even hold a permit. Wittan.uk is a risky investment platform targeting naïve investors. Once you review this review, you will find out the red flags found on the investment platform.

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Average Profit Increase

35 percent is the average profit increase the profit claims to bring to the table. That’s the number displayed on their homepage. What we don’t know if this is monthly, weekly, or yearly. It would be great if we had more information.

The platform claims to have over 10,000 clients with 300 projects. What they fail to mention is the types of projects they are undertaking. As an investor, you want to know how your money is working for you.

Wittan leaves this out, leaving investors in the blind. You believe the platform will double your money within a given time. Now that’s what we call blind faith, and it doesn’t work in the real world.

You should know what the platform does to make a profit; do they invest in real estate or trade? These are the missing details from the platform that makes us question Wittan.uk. There’s too much missing information which is not ideal for investing.

Business owner

Another feature that makes us suspicious of this platform is the level of anonymity. Although they have a team page, all we have are names with no faces. According to the team’s page, the platform is run by three people.

Andrew Ross is the Chairman while Andrew Bell is the CEO, and both have listed their emails. The investment Director is James Hart, and his contact details are missing. There’s no way of reaching out to the most important aspect of the platform.

Team Members Wittan.uk

What we have is a platform with anonymous people running the platform. It would be good to put a face to these names. There’s a good reason why you won’t even get to talk to anyone of them.

To protect their identities, the platform might be using random names to suggest professionalism. You should demand a one-on-one meeting with any one of them using Skype or Zoom. Apparently, this is not possible.

Client Testimony

Daniel Samira is another name without a face while giving testimonials. You should know that there’s no client testimonial outside of the website. The testimonial is supposedly from a guy who owns Press mag.

These are false reviews with no actual evidence behind them. All we have is an unknown person claiming to profit all thanks to the platform. There’s no record of him depositing or withdrawing funds from the platform.

Domain history (wittan.uk review)

94 is the number of days this platform has been running. And this makes it a short-term website with no actual history. You should invest in a platform that has a long and stable online presence. Reputation matters when it comes to choosing the right investment platform.

You would expect the platform’s IP to be in the UK; however, the IP address in California. The server hosting this website is synonymous with other investment websites. Most of the websites under this server have low ranking and trust scores.

Hallmarks of Wittan Invest

A Clone Platform

FCA Warning Wittan Invest

There’s a chance you have probably heard of Witan Investment Trust (WTAN), a reputable company. Wittan Invest has switched up the name to almost look like the real Witan platform. The only difference is the double T which would easily fool investors.

Witan Investment Trust offers the opportunity to invest in global equities. It comes with a multi-manager approach which brings a range of exposures. That’s the real investment platform these fraudsters are trying to emulate.

Available services

The platform offers six services in total, with Capital markets being the leading option. You can also find blockchain, insurance, finance and risk, portfolio management, and technology advisory.

Wittan Invest also claims to offer investment and loans to members. So far, we haven’t heard or seen of an investor getting a loan. These loan services should mean concerned parties regulate the platform. Are they regulated?

License and Registration Wittan Invest

As we now know, the platform is a clone. Wittan Invest holds no valid license from the FCA. The platform even fails to mention their compliance on the homepage. Without oversight, it means you and the investor doesn’t get protection from regulators.

WittanInvest Features

The Financial Conduct Authority is on the verge of issuing a warning towards this platform. In fact, the warning is already out. Once an official regulator has raised a red flag, it’s best to keep it out.

According to the warning, the platform is targeting UK clients. The warning claims victims get cold calls urging them to invest with the platform. It would be best if you avoided these calls or giving your personal information.

Payment Options Wittan Invest

To deposit funds, the platform sends an email with their bank account detail. You will see the amount reflect in your member account. What this does is ensure you stay positive and wait for profits to reflect.

It doesn’t happen, and you end up sending a withdrawal request. That’s when all things fall apart, and the platform blocks access to your account. No one has been able to withdraw funds from the clone platform.

Safety of funds with Wittan Invest

There’s no safety of funds from a platform that fails to offer any meaningful investment services. With the FCA already blacklisting the platform as a clone, it’s best to stay away.

Closing remarks

Wittan Invest Verdict

To protect our readers, we have to add wittan.uk to our blacklist.

You should invest wisely with proven entities that enjoy the backing of experts.

If you have any questions, feel free to leave a comment or email us.

Are funds safe with Wittan.uk?

No, this is a cloned platform

Is there insurance cover for deposits?

With a cloned platform, don't expect any safety net.

Can i reach out to their support team?

The platform does not offer direct access to support

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