Is Inverforx Legit or Scam?
Inverforx is a clear red flag. While it portrays itself as a financial services company with a range of investment options, there are strong indications that it’s a scam. Here’s why:
- Lack of Regulation: A legitimate investment company would be licensed and regulated by a financial authority. Inverforx claims to have no regulation, which means it’s not subject to any oversight. This raises serious concerns about investor protection and the legitimacy of its operations.
- Unrealistic Promises: Inverforx’s investment strategies with pre-determined returns are a major red flag. Reputable investment firms cannot guarantee returns, as market conditions can cause fluctuations.
Company Overview
Aspect | Information |
Registered Country/Area | Mexico |
Founded Year | 2-5 years |
Company Name | InverForx |
Regulation | No Regulation |
Minimum Deposit | Not specified |
Maximum Leverage | Not specified |
Spreads | Not specified |
Trading Platforms | Not specified |
Tradable Assets | Currencies, Stocks, Derivatives, Other Assets (Commodities, Bonds, Indices) |
Account Types | Not specified |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Telephone: 55 59 41 63 75, Email: contacto@inverforx.com.mx, Social media presence (Twitter, Facebook, Instagram, YouTube, LinkedIn) |
Payment Methods | Not specified |
Educational Tools | InverForx Blog with a wide range of topics, including personal finance, technology, financial inclusion, successful Mexican investors, and North American leaders summit |
Services or Products
Inverforx claims to offer various investment products, including:
- Currencies
- Stocks
- Derivatives
- Commodities
- Bonds
- Indices
- Investment strategies with pre-determined returns (Red Flag)
If you have lost money to companies like Cryptex, or 72FXOptMetaTrade; please report it to us on our Report a Scam form.
Trading Platform & Leverages
Inverforx is secretive about its trading platform, failing to disclose which platform it uses. This lack of transparency is a major red flag. Reputable brokers will clearly advertise the platform they use, as different platforms cater to varying needs and experience levels. Additionally, there’s no information on leverage options. Leverage can be a risky but potentially rewarding investment tool, so a legitimate broker would provide clear details about the leverage it offers.
Spreads and Cost of Trading
Inverforx is completely opaque about its pricing structure. There’s no information regarding spreads, commissions, or any other trading costs associated with Inverforx. This lack of transparency is a huge red flag. Legitimate brokers disclose their fees upfront so that investors can make informed decisions about the cost of trading on their platform.
License and Regulations
Critical Red Flag: Inverforx claims to be unregulated. This means it’s not overseen by any financial authority, raising serious concerns about investor protection, transparency, and the legitimacy of its operations.
Legal Warning Against Inverforx
Due to the lack of regulation and potential for fraudulent activity, it’s strongly advised to avoid Inverforx altogether.
Deposit and Withdrawal Methods
While Inverforx mentions phone, email, and social media for communication, it doesn’t specify deposit or withdrawal methods. This lack of clarity is concerning.
Inverforx Pros and Cons (Table)
Pros | Cons |
Diverse investment options (claimed) | Unregulated (critical red flag) |
Educational resources (limited transparency) | Predetermined returns on investments (red flag) |
Multiple customer support channels | Missing information on trading costs, platform, etc. (red flag) |
Why Dealing With An Unlicensed Broker Is Risky
Unlicensed brokers like Inverforx pose significant risks:
- Lack of Investor Protection: Financial authorities exist to protect investors from fraud and malpractice. Unlicensed brokers are not subject to these regulations, leaving you vulnerable.
- Potential for Scam: Unregulated platforms can be fronts for elaborate scams designed to steal your money.
- No Dispute Resolution: If you encounter problems with an unregulated broker, you have limited options to resolve them.
Client Feedback
There’s no way to verify any client testimonials Inverforx might present. Given the red flags, it’s best to assume such feedback is fabricated.
How Can “Reviewsadvice” Help You If You Get Scammed?
Unfortunately, recovering funds lost to a scam can be very difficult. However, “ReviewsAdvice” can help you:
- Warn others: Share your experience to prevent others from falling victim to the same scam.
- Report the scam: Report Inverforx to relevant authorities to raise awareness and potentially help with future investigations.
- Recovery Specialists: Connecting you with services to potentially get your funds back.
- Withdrawal Issues: Assistance in filing complaints if you’re facing withdrawal problems.
- Disappearing Brokers: Help find experts to track down the broker and guide your next steps or you Can report to us today by the below form.Â
File A Complaint Against Scammers
Final Thought
Inverforx exhibits all the hallmarks of a scam. Avoid Inverforx and any other investment platform that lacks regulatory oversight. Remember, if an investment opportunity seems too good to be true, it probably is. Always do your research and only invest with reputable, licensed brokers.