One of the first details that could be noticed with this company is that security is taken seriously. Yet, they don’t reveal any legal information that would indicate ownership, addresses, or some legitimate contact options.
Fairly, that’s enough to prove the company is misleading traders from the beginning. So, what can we expect? Let’s find out in this unbiased InvestoSea review.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | Investosea.com |
| Have Warnings from: | FSMA, CNMV, IOSCO, CONSOB |
| Registered in: | N/A |
| Operating since: | 2023 |
| Trading Platforms: | Web trader, mobile and desktop apps |
| Maximum Leverage: | 1:100 |
| Minimum Deposit: | $250 |
| Deposit Bonus: | Available |
| Trading Assets: | Cryptocurrencies, forex, indices, commodities, stocks |
| Free Demo Account: | Not available |
| How to Withdraw from This Company? | Withdrawing funds from anonymous and unregulated brokerages is usually an impossible mission. We strongly advise all traders who deposited funds with this company to apply for a refund immediately. For assistance with it, get in touch with our experts. |
Legal info: Is InvestoSea Legit or Scam?
To ensure that nothing on the platform is manipulated, traders need to trade with licensed brokerages. But it appears InvestoSea is not one of those. If you check the registeres of top-tier regulators worldwide, such as FCA, BaFin, SEC, or similar, you won’t find this broker.
Even though they might provide encryption and security measures for accessing trading accounts, there are none for your money. To get access to compensation schemes and fully secured funds with top-tier banks, you’ll have to find another trading firm. If you don’t trust us, then check the warnings from trusted European authorities, such as FSMA, CNMV, CONSOB, and IOSCO.
Who are InvestoSea’s Victims?
The worst of all is that the company was registered in 2023 according to their domain age. In less than one year of existence, they were exposed. Also, website analytics show that besides traders from countries regulated by the authorities mentioned above, they also target:
- United States
- Canada
- United Kingdom
Since the InvestoSea reviews practically don’t exist, we invite you to break the ice. Let us know your experience with this broker in the comments below. Ultimately, if there are any issues, especially regarding withdrawals, our experts can advise you about further steps.
Also, if you are a fan of prop trading, make sure not to skip our Apex Trader Funding review.
Leverage, Commissions, Spreads, Fees and Taxes
When it comes to trading conditions, you will realize more tricks coming from this broker. Firstly, to get closer to attractive spreads, traders must deposit at least $50,000. Anything before that will be a pure rip-off with spreads. Not to mention, commissions and fees are not disclosed anywhere. But at least the company mentions swap fee discounts. Fairly, 50% of the over-expensive fee is still expensive.
Secondly, and even more importantly, there’s a high leverage of up to 1:100 offered. Yet, authorities in the US and Canada allow a maximum of 1:50, while in the UK, it’s even lower, at 1:30. So, that’s another sign that this company is ruthlessly scamming you.
Bonuses
Another trick you can expect comes together with the company’s bonus offer. Bonuses often sound good to inexperienced traders. Yet, they don’t realize if they accept them, withdrawals are impossible.
Every time you get a $200 bonus, you must reach 50 standard lots in trading volume. Before that, withdrawals are not possible. Keep in mind that a standard lot is $100k.
InvestoSea Trading Features
Even though the revolutionary InvestoSea app is advertised, there are literally zero advanced features available. To be fair, the only notable option might be the VPS, which is also available only if you deposit $50k.
To start recognizing more and more trading traps, check also our AiFX Markets review.
Trading Platforms Available
Once traders complete the InvestoSea login procedure, they should be prepared for disappointment. Instead of trusted third-party platform options, the company offers primarily web-trader.
Also, you can download the app for desktop use, but only from their suspicious website. Keep in mind that those files might include malware for stealing personal information, such as banking details.
Available Trading Assets
Tradeable assets with this broker won’t make a big difference to traders. After all, it’s all fictive. However, opening an InvestoSea account will give you access to:
- Forex – USD/NZD, EUR/ZAR
- Indices – NASDAQ, DowJones
- Commodities – gold, silver
- Shares – Netflix, BMW
- Cryptos – ETH, XRM
Account Types
With four account types offered on the InvestoSea platform and progressively higher deposits required, you can quickly realize what to expect. That’s a lot of pressure to upgrade your accounts rapidly.
Anyway, the options are:
- Bronze – $250
- Silver – $2.500
- Gold – $10.000
- Platinum – $50.000
Mobile Trading App
Another suspicious detail with InvestoSea Forex company is its mobile app. Instead of downloading options from the App Store or Play Store, you must get them from the company’s website. Yet, the same as with desktop apps, the files might be corrupted. So, watch out what you’re doing.
Demo Account
One of the easiest ways to expose a company’s flaws is through a demo account. But, of course, demo accounts are not on the table when a company wants to hide those flaws. That’s the case with this broker as well.
Education
When it comes to proper trading education, traders shouldn’t be looking for it with unregulated brokers.
However, this company doesn’t even offer any. But be sure their fake dedicated account managers will try to teach you how to trade properly.
InvestoSea Withdrawal
The company smartly mentions that InvestoSea withdrawal doesn’t include any fees if done by card. However, for all other methods, they don’t mention anything. Therefore, watch out for a non-existent fees trap.
Also, the company mentions they process withdrawals within the first 30 days of opening the account. After that, it all becomes a mystery. If you still think you will get any withdrawals from this broker, read this review again.
Customer Support
Another reason to avoid the InvestoSea scam broker can be found on their contact page. There is only an email address and web-contact form available, without operating hours disclosed. Such support surely doesn’t represent reliability.
Key Information To Consider About InvestoSea
Whatever you get in the offer from this brokerage, know it’s all fake. Primarily because they are not regulated and can manipulate traders as much as they like. Also, there’s a highly suspicious trading platform, hidden fees, and high leverage. Not to mention zero funds protection features.
Luckily, refund options are available to combat bogus scammers. Send us a message right away to book a free consultation with our chargeback team today!
FAQ Section
What is InvestoSea?
InvestoSea is an FX and CFD trading company operating since 2023 from an unknown location.
Is InvestoSea Legit?
Definitely not. Without regulations and with multiple warnings, starting from FSMA, CNMV, and CONSOB, it’s clear what this company has been doing.
Who Owns InvestoSea Broker?
InvestoSea ownership is anonymous. With this in mind, we suggest you contact our refund specialists to start the recovery process on time.
Source:
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