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InvestAgrico Broker Review
InvestAgrico is one subtle, sophisticated scam company that takes a bit more time to uncover. Yet, since we’re experienced with such, we’ve come across some facts that you can’t deny when dealing with brokers’ false statements. Read our InvestAgrico review to find out more.
Broker status: Unregulated
Regulated by: Unlicensed brokerage
Blacklisted as a Scam by: No Info
Owned by: AGRICO HOLDINGS LIMITED
Headquarters Country: UK
Foundation year: 2021
Supported Platforms: Web trader
Minimum Deposit: 250 EUR
Cryptocurrencies: No
Types of Assets: FX, futures, indices
Maximum Leverage: 1:300
Free Demo Account: No
Accepts US clients: No
InvestAgrico Regulation and Security
This year, AGRICO HOLDINGS LIMITED launched the InvestAgrico brand. The business is registered in the UK under a CySEC regulation, as stated on the website. It has an odd yet legitimate tone to it. However, a careful examination revealed that the anecdote is entirely false and not at all average.
The firm is actually uncontrolled, which means that your money is vulnerable to any type of fraud because there is neither regulatory monitoring nor a compensation fund.
Fake License And Regulation Documents
Despite having a purported London address, the broker is licensed by CySEC under license number 452/25. Now, everything would be great if CySEC didn’t have a somewhat unique system of numeric representation, where the last two numbers stand in for the year of registration. Therefore, it is obvious to everyone without special training that this number cannot yet exist.
Naturally, a lookup of the CySEC registration confirmed what we already knew: Agrico Holdings Limited is not one of their firms. We examined the FCA because the corporation is based in the UK, but nothing was discovered there either.
Beware of such sophisticated frauds and make sure to investigate everything before giving your money away.
Fund Withdrawal Issues With InvestAgrico
Unsurprisingly, the main purpose of the entire ruse was to extract money. Therefore, InvestAgrico brokerage does not offer the option of withdrawals, payments, or any other kind of giving up on the money. Their account managers are making a lot of effort to convince customers to postpone withdrawals and keep the money inside the business.
Additionally, if all else fails, there is always the tried-and-true trick of account suspension. It doesn’t take them long to stop anyone’s access and grab the money because the firm only provides proprietary Web traders.
Traders About InvestAgrico Scam
Reviews on InvestAgrico don’t sound much more upbeat than our own. Most traders claim they were prompted to upgrade to larger accounts after making an initial investment of 250 EUR. Those that succeeded had a little more experience since they truly wanted to turn a profit. However, everyone had the same result: after submitting a withdrawal request, they lost access to their money.
Please, always check the background of online trading companies before investing!
How Does Online Trading Scam Work?
Sincerity be damned, we can all tell when something is too good to be true. But because of our precarious financial circumstances, our unwavering confidence in people, or a compelling argument from the opposite side, we are prepared to think that this could be our chance to succeed. Every trading ad-based fraud in the world of internet trading begins with a compelling tale. This advertisement frequently depicts making thousands of dollars overnight using trading software, bitcoins, or some other mysterious device.
However, once you become involved, leaving the house becomes quite difficult. You are under constant pressure to put in more money in order to acquire what you already paid for, but you won’t give up on your money.
Are you having trouble successfully requesting a withdrawal from your broker? Tell us about it and add a comment.[/vc_column_text][/vc_column][/vc_row]
