InvexPlus Review – Clone Firm Blacklisted By Authorities

The InvexPlus scam actually seems as credible as online trading websites go. There’s company information and all the relevant corporate details, including statements about various licenses. Everything seems at its place at a glance. 

As you scratch the surface, you start discovering more discrepancies and even a several warnings, pointing out that this conduct is a clone of a regulated firm! Check out what authorities further have to say about this sham in the following InvexPlus review.

Clone Of A Licensed Firm

Firstly, we have to clarify that the website in question – invexplus.com and the firm operating it, are in no way related to Indexus Groep B.V. The latter is a properly regulated investment company from the Netherlands with a MiFID passport to operate in various EEA states. 

The brokerage brand we’re reviewing is actually a clone of this reputable company, as confirmed by the several prominent regulators: CNMV, CONSOB, A-TVP and FI.

Considering that the business is completely unlicensed, they’ve tried impersonating a legal financial powerhouse to trick traders into depositing. Needless to say, the site provides no form of fund protection or customer safety of data.

Trustoptions is somewhat similar in terms of operating without regulatory oversight, so make sure you do not invest there either.

How The Operation Functions

As we can see from the WhoIs register, the fraud has not been since September 2023. Although active for a relatively short timespan, it has already been placed on several blacklists.

Victims that use the site live in these particular nations:

• Spain
• Mexico
• United Kingdom
• Israel

The scam works similarly to Cemgroupro. Their boiler room agents keep dialing the phone in hopes someone would fall for the scheme. Usually, these agents try to present themselves as financial experts, claiming to have made an incredibly profitable platform, and that all they need now is an investor.

Over time, they keep asking for more and more money, until the victim starts asking about their own share. However, there are no profits, the money’s gone and getting it back requires professional assistance.

Trading Conditions Don’t Match Regulations

The allowed trading parameters on this trading portal are not in accordance with the regulatory standards in the EU. You see, the maximum allowed leverage on this platform is 1:400, which is considered as an obvious breach of licensing standards that only allow a ratio of 1:30.

Since the company we’re discussing is a completely anonymous conduct, they do not feel it mandatory to publish the exact trading conditions. As for the spreads, they’re only labeled as “tight” and nothing else is disclosed, including the trading commissions. 

Nothing Of Value To Offer

When you look at this trading service as a whole, you won’t be able to pinpoint a single beneficial feature. If we take the software for example, the pinnacle of successful trading, you can’t even locate it on this site. Without it, how can anything else function properly?! 

MT4 – Only A Promise

In order to attract unsuspecting victims to quickly invest, this Forex dealer claims to utilize the famous MT4. Preferred by most of the traders today worldwide, this is the industry leading trading solution. 

However, it doesn’t exist on this bogus trading website in any way, shape or form. All of the claims were just a bad marketing move to delude traders, nothing more. No download links could be located anywhere on the site and the software isn’t available on any device. 

No Assets Available

Since there’s no trading platform available, it is only natural to conclude the offer of instruments to be fictitious, as well. Without the most essential part of trading, the promises of thousands of assets available do not mean a thing. 

The web presentation vaguely mentions crypto currencies and provides several TradingView widgets for market tracking. That, unfortunately, bears no value when no trading could be done.

Worthless Feature Bundles

Opening an InvexPlus account is relatively quick and simple. After gaining access to the user area, you’re urged to deposit. The packages do not describe a single particularly useful or realistic feature. The pricier the account, the higher the leverage and the number of allegedly available tradable products: 

• Basic – $5,000
• Bronze – $25,000
• Silver – $50,000
• Gold – $75,000
• Platinum – $100,000
• VIP – $125,000
• Savings Account – $150,000

AML Breaching Transfers

If this Forex dealer was as heavily regulated as they claim to be, they’d never be able to conduct transactions as they do now. You see, one of the crucial points of anti money laundering policies is providing the same transfer methods for depositing and withdrawing. 

While the firm allows account funding only via crypto, withdrawals could allegedly be performed through credit cards, wire transfers and crypto currencies. This isn’t the only issue with this swindler. They do not put up any kind of policy that would otherwise clarify the conditions for monetary transfers and payouts, like the processing time and fees. 

Help Center

The site owners encourage their clients to get in touch either by phone, email or online form. All of these communication channels are allegedly designed to facilitate the trading and website usage. However, seeing that none of our mails got answered, we dare say that the InvexPlus support is of questionable existence.

It is common to be endlessly bothered by boiler room agents on the phone, but then not be able to contact them as if they vanished, which happens as soon as you ask for a withdrawal.

How To Get Your Funds Back

Although the experience of being scammed may seem like it could financially ruin you, not all is lost. You should never give up on your hard earned money and let swindlers have their way with you. Seek for help and report the cyber criminals to the local authorities. 

We provide reliable legal support if you decide to fight for your capital and restore control over it. Our team of chargeback professionals and legal experts can help you build your case and take it to the relevant institutions. And don’t forget – your first consultation is always free!

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