The InvestQHub broker is a self-proclaimed premier online trading platform that allegedly emerges from the very soul of the UK. What these fraudsters fail to mention is that they have a completely different reputation in that country, considering they’re a FCA blacklisted scam.
Read more about how convincing these offshore sketchy schemers can seem in our InvestQHub review and learn what you can do to restore funds stolen by such firms.
Regulated by: | Unregulated Broker |
Is This Company Safe? | No, this company has been labeled as a scam, so you can’t trust them. |
Known Websites: | investqhub.co investqhub.com – inactive |
Have Warnings from: | FCA, IOSCO, AFM, CONSOB |
Registered in: | Saint Vincent and the Grenadines |
Operating since: | March 2024 |
Trading Platforms: | Web Trader |
Maximum Leverage: | 1:400 |
Minimum Deposit: | $500 |
Deposit Bonus: | Hinted, undisclosed |
Trading Assets: | Forex, Crypto, Commodities, Indices, Stocks |
Free Demo Account: | No |
How to Withdraw from This Company? | Blacklisted cons don’t offer the option for payouts. Our advice is to contact our legal service for help with fund recovery. |
Another Tax Haven Product
In contrast to what the InvestQHub scam claims about their legal details, the firm is actually registered in an offshore zone, known as a shelter for illicit brokers. As you may have already guessed, we’re talking about SVG, where the local regulatory authority doesn’t license online trading firms.
In a desperate attempt to appear credible, the website claims to be owned by a UK firm, which doesn’t exist. What that business is only known for is a FCA warning, which was reposted by IOSCO, AFM, and CONSOB. This efficiently debunks all their claims of legitimacy and proves the platform isn’t safe for investing.
Considering that Ultradx also displays fraudulent behavior and a tendency to misappropriate users’ deposits, we suggest you avoid both.
Pig Butchering Scheme Debunked
The younger of the domains, investqhub.co was created in March 2024. These nations as generating the most traffic to the site:
- United Kingdom
- Bulgaria
- Mexico
- Ireland
The scam agents employed by this so-called company work mostly through dating apps like Tinder or Badoo. They impersonate attractive young people, and seek new marks by faking romantic interest. Affiliate campaigns are also engaged, since fraudster helpers like Bitcoin Prime collect precious contact details of the new potential targets.
Once a victim is hooked, they start pressuring them into investing in a mutual future – by dealing with an unregulated broker. Any invested money in this “relationship” is unfortunately stolen by the fraudsters. There is a way to recover the funds, so contact our experts for help.
Reputation is Not Good
The firm is virtually unknown on the web, but somehow there’s a whole bunch of InvestQHub reviews to be found on TrustPilot. Needless to say, the majority of the testimonials are fakes, posted by review seller networks in order to keep the company reputation afloat.
Still, the clients are speaking their mind. Many of them complain about the known hoax tactics – boiler room agents advising them to trade at a loss, and the firm denying any withdrawals from the platform.
“Gold” Sprads and Other Undefined Terms
As soon as you see a website not disclosing essential trading parameters like costs, commissions and leverage, you know they’re not a genuine portal. Trading with such firms can only lead you into huge losses because the leverage ratio reaches 1:400 or more.
Premium, golden and other spreads mean nothing and are just empty words when it comes to real costs. Furthermore, legal papers are just as dishonest and secretive about costs. It is just vaguely mentioned that the clients are responsible for covering all of the costs.
Sign Up Mandatory to Preview Tools
Before you can make a single move on this platform, you’ll be asked to register for a new InvestQHub login. Once you’ve become a member, you’ll get access to certain features, but that is not the end of the demands. See the remainder of our review for a detailed insight into what this site offers.
Outdated Web Interface
The central part of the grand scam scheme takes the InvestQHub app, marketed as a distinguished and esteemed trading software. Don’t get your hopes up, however, as this is just a shallow and unreliable web-based terminal.
Heavily outdated and definitely not honest about the latest prices and market events, this trading portal will not help you earn. Although the site advertises the possibility of upping your game with a mobile app, the download is not enabled.
Suspicious Asset List
The company offers a good diversity of assets, but this is offset by the poor legality of the venture. For instance, binary options are included, a trading instrument which is banned in many parts of the world.
These the assets we found offered in the trading platform:
- Forex – EUR/USD, AUD/CAD, USD/JPY
- Cryptocurrencies – BTC, ETH, ADA, XRP
- Commodities – Gold, Brent, Wheat
- Indices – Nikkei 225, Dow Jones, S&P 500
- Stocks – Coca Cola, Siemens, Magellan
Investor Profiles With Countless Promises
InvestQHub accounts seem like they offer everything a beginner needs to make money overnight. As every get-rich-quick campaign, this one also tries hard to extort as much money as possible.
That’s why you will see features like premium support and learning materials, account manager, signals and other options available for huge money. We’re talking about the following sums:
- Starter – $500
- Advanced – $5.000
- Premier – $25.000
- Elite – $100.000
- Master – $150.000
Blatant Disregard For Regulation
Any transactions to and from the platform, including InvestQHub withdrawal and deposit operations, are done exclusively through Bitcoin cryptocurrency transfers.
No FIAT currencies are supported, and neither are any other payment channels beside a Crypto P2P transaction. Transactions are said to take up to 5 days, which is rather long considering everything is done in crypto.
The broker claims that you don’t need to worry about securing your crypto wallet when investing with their platform. With no segregation of funds, clients don’t have full control over their assets. This is the main mechanism through which the fraud is orchestrated, and the reason why swindlers won’t release any funds for withdrawal.
Live Support Isn’t Live
Besides several inactive emails and a suspicious phone number, the site also offers an alleged live chat option. However, to access it you have to share your basic contact information first. After that, you can only leave a message, as you soon find out that the whole idea is more like an online form, rather than a live messenger.
What Can You Do If You Get Scammed Online?
InvestQHub trading scam has been placed on numerous regulatory blacklists. The fraudsters only accept cryptocurrency transactions in order to hide their tracks.
While it is possible to track down and recover stolen cryptos, it is a difficult task. Our professional team, however, has the experience to help you. You may book a free consultation with our representatives at any time using the live chat.
FAQ Section
What is InvestQHub?
It is an online trading scam. The company uses a so-called pig butchering strategy to lure in potential victims.
Is InvestQHub Legit?
No, this broker is a completely unregulated business. If you’ve invested with this company, contact our recovery experts to have your funds reimbursed.
How to Report a Scam Broker?
Collect all of the information you can, and contact your bank or regional financial regulator.
Source:
https%3A%2F%2Fscambrokersreviews.com%2Fforex-scams%2Finvestqhub-review%2F