Future Invest Limited Review: Can Investors Trust this Broker?

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Future Invest Limited Review
  • Fund Safety
  • Customer Support
0.5

Summary

Future Invest claims to have an operating license from the European Financial Security, even including a reference number. However, our research revealed that this regulatory body does not exist. This scam broker fabricated a name and cited it as their regulator. 

Forex trading has attracted many, from seasoned investors to novices seeking to capitalize on the market’s volatility. However, this very allure has also drawn fraudsters like Future Invest Limited.

Future Invest Limited Review, Future Invest Limited Company

One of the common tactics employed by these scammers is the manipulation of trading platforms. They use sophisticated algorithms to adjust currency prices. Another common strategy is the promotion of fraudulent trading signals or system. However, most traders are unaware of the exorbitant fees or hidden charges involved. To avoid all this, invest only with honest and trustworthy crypto brokers.

About Future-invest-limited.com

From their website, the broker claims that you will open up a world of possibilities when you trade with them. This sounds promising, but upon closer inspection, we realized that this is just hot air from the fraudulent firm. They claim you can trade cryptocurrencies, stocks, indices, commodities, energies, and metals. Also, they brag of about a 98% customer satisfaction rate and 97 million registered users.

When we checked whois.com, we established that the broker registered their online domain on 11th November 2023, contradicting their claim of starting operations in 2016. They have also included some reviews supposedly from customers.

Founders and Team

Future Invest Limited has included some photos on their website but has not given any corresponding names. This is a deliberate ploy orchestrated to conceal the firm’s illicit operations. By hiding the company leaders’ identities, these scam brokers create a buffer between themselves and the repercussions of their actions. 

These brokers know that tracking them down would be difficult when they remain anonymous. Most scam brokers do not want to reveal their leaders because they fear recognition. Often, these scammers operate more than one website, hence the need to remain anonymous.

Future Invest Limited Contact Details

To get in touch with the broker, you can only send a message. There was no email, phone number, or physical address provided. This lack of transparency is concerning because as a trader, you should be able to reach your broker quickly and easily.

The forex market is riddled with uncertainty and volatility, and many novice traders may not understand what is happening, especially during impactful economic events. A broker that truly cares about its clients should have multiple channels of communication.

Future Invest Limited Regulation

Engaging with a regulated forex broker is not merely a prudent choice but a critical imperative for any trader. Regulated brokers adhere to stringent guidelines and standards enforced by regulatory authorities. These rules safeguard the interests of traders and ensure the integrity of the market.

Future Invest claims to have an operating license from the European Financial Security, even including a reference number. However, our research revealed that this regulatory body does not exist. This scam broker fabricated a name and cited it as their regulator. 

For a broker to obtain a license in the European Union, they must comply with all the requirements of the European Securities and Markets Authority (ESMA). These include meeting minimum capital requirements (about EUR 730,000). They must also have procedures in place to protect client money, such as segregating it from company funds. Although Future Invest claims to have a segregated account, this is not true.

Trading Conditions

The spread is tight at 0.4 pips, and the leverage is 1:10. These conditions are favorable, and many regulated forex brokers offer similar conditions. However, this does not mean that the broker is legitimate. Although they have favorable conditions, they could be using them as bait.

Final Verdict

Future Invest Limited is a fraudulent broker. Unlike this one, there are many transparent crypto brokers in the market today. You can trust with your money because they are under the oversight of recognized financial watchdogs. When trading, research everything you can about a broker before depositing money.

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