Winvestock Review: Winvestock.com a Blunt Scam
Winvestock is trading stock, forex, commodity, and indices. The company has all levels of investors joining them. You stand a chance of getting personalized services. You can also engage with their experienced team. Investors can also manage their investments through the help of an account manager.
A trading mentor is assigned to each individual. The company claims it has a premium webinar. They offer educational materials to traders. The information helps users increase their trading knowledge.
Unfortunately, Winvestock fails to credit the team. There is no information showcasing the skills of traders. We cannot guarantee you will be dealing with professionals. The level of anonymity is baffling. The financial bodies mandate all brokers to operate in full transparency.
It is only scammers who will strive to remain anonymous. They do this to avoid being caught or traced. The broker speaks highly of its trading interface. They allegedly used innovation to yield more rewards. Sadly, without audited trading results, this is another bluff.
Winvestock.com Review
Winvestock claims its main focus is the well-being of traders. They work with professionals who assist clients whenever they face a challenge. Customers can use professional trading tools. The software is allegedly compatible with mobile desktops and tablets.
The venture also claims to have top-notch security measures. The data of users is highly protected from hackers. Never share your proof of identity or proof of address with anonymous individuals. Fraudsters tend to use the information without your knowledge. They can incriminate you, exposing you to more danger.
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Winvestock lacks a trading history. You must deal with reputable companies. A broker with a track record will not disappoint you. Offshore companies, on the other hand, exit the market unceremoniously. They leave their customers high and dry.
Here is a list of reputable forex trading companies. These ventures have proven themselves reliable. Additionally, their customers can attest to their professionalism. You will earn real-time passive income without being compromised.
Winvestock Trading ConditionsÂ
Winvestock claims to have reputable advanced trading software. You are surprised to find a basic webtrader interface. You can only trade manually with the tool. The metatrader software allows various access to more markets.
Investors can customize scripts. They can also have access to multiple markets under one roof. Investors can also keep track of their orders even when the computer is off. Ponzi schemes will use bogus tools. They intend to stimulate your money. The money you cash in goes to the pockets of the fraudsters.
Winvestock is a broker that failed to provide its trading parameters. Information regarding commission spread and leverage is nowhere to be found. Customers should know what they are signing up for. It is only scammers who will strive to remain mysterious.
The company is offering bonuses to customers. However, the condition you must attain to cash out the reward is left out. Offshore ventures often provide bonuses and promotions. Financial bodies are against firms having such lucrative opportunities. The money legally belongs to the company. Therefore, they can implement unfavourable terms to retain your cash.
Withdrawal and DepositÂ
The minimum amount to fund your account is $250. They are transparent companies accepting lower amounts. We do not see anything unique about Winvestock. Deposits can be made via wire transfer, QiWi, WebMoney, credit cards, and AstroPay.Â
Unfortunately, once you click the deposit button, there's no active option. Scammers will list various funding methods. However, they only accept money via practices that limit clients from issuing chargebacks.
Winvestock minimum withdrawal is $100. Legitimate companies will allow clients to cash out whichever amount they please. It could be less than $10. We doubt this rogue entity will allow you to cash out your funds.
The Ponzi scheme also has a steep withdrawal fee of 0.5%. It can translate to $30 and above. Investing with a legitimate company allows you to enjoy better trading conditions. You will also have peace of mind.
Contact Details and Customer SupportÂ
Winvestock is using a generic office address. Scammers will never reveal their actual area of operation. Doing so would only help the authority track them. There is a phone number and an email address which you can use to reach the company.
Ponzi schemes cannot afford to hire professional support. They use cold rooms full of sales reps. During the call, you will hear them celebrating closing an order. They will claim to have made big wins. Unfortunately, this is only a marketing strategy. It will trigger you to deposit cash.Â
Winvestock will keep asking for more cash until your pocket runs dry. They become unethical after you show them you have run out of cash. Any attempt to go after them will bear no fruit. They will disconnect the phone number or blacklist you.
Ensure you perform a thorough background check on a company before opening an account. Look for customer reviews. It will give you an insight into what to expect. If a platform lacks testimonials, they are not worth the effort. In the case of this broker, nobody endorses their activities.
Winvestock Regulatory Status
Winvestock is a company that does not bother to reveal its regulatory status. It is a mandatory requirement for all brokers to seek a licence. However, scammers prefer to conduct their business as they please. Additionally, we are not aware of the firm's parent company.
Nobody can be held accountable when the entity violates the rules. The legal documentation indicates the platform follows the rule of Estonia. However, their location appears to be in Belgium.Â
On the other hand, the FAQ part states the venture has a licence from the International Financial Service Commission (IFSC). It is the agency of Belize. Nonetheless, we suspect the company is bluffing as it contradicts itself on various accounts.
You must deal with a licensed company. You are protected against various risks. Additionally, brokers must meet a particular capital. Regulatory bodies must know the severe entities that can survive volatility.
Winvestock Fund SafetyÂ
Winvestock does not grant user fund safety. The company is operating on its own accord. The venture does not segregate accounts. Them not working with a reputable financial institution is a big red flag. Their system will eventually collapse, trapping in traders' cash.
Investors will also not receive compensation from the firm. The broker is not reporting daily transactional results. Hence, it is easier for them to manipulate prices. There is no evidence the platform is trading.Â
Winvestock withdrawal requirements are distasteful. The rip-off venture targets mainly novice traders. Their advertised trading condition exposes you to more risks. Refrain from doing business with the Ponzi scheme. The only thing you will get is shocking losses.
Final VerdictÂ
Winvestock has proven to be unreliable. The offshore platform Fix-It regulatory status. They also do not have professional customer support. The broker also advertises a superior trading tool. Only to end up availing of a basic interface. The trading conditions of the company are not ideal.
Choose a legit forex broker instead of wasting your hard-earned money with an exposed scam. Regulated companies will offer you safety. Additionally, they will process your withdrawal request on time. They put the safety of your data and money first. You can review their customer's feedback to understand how the firms operate.