ENS Invest Review – Is This Unlicensed Forex Broker a Scam?

As of May 2023, the broker (ensinvest.com) has ceased operations. But you can read the article to avoid falling for similar scammers.

ENS Invest and Lies about Licensing Regulation

This broker’s legal status is a mess. ENS Invest lists all possible regulators on its website. Three regulators were mentioned: the Financial Conduct Authority of the UK (FCA), the IFSC form Belize, and the FSC aus Mauritius.

We checked that last one to confirm that ENS Invest was an offshore provider. It turns out that the fraudster is not even registered in Mauritius. Needless to mention, the FCA databases don’t contain any information on the broker.

Why is it safer to choose licensed brokers?

Do not fall for anonymous scammers like ENS Invest. Instead, trust brokers who have a valid license issued by CySEC, the FCA or ASIC.

Trading is safer when you do this. Negative balance protection is available to protect you in the event of a bad trade. To prevent this, there’s a leverage restriction (1:1). Indemnification is available in case the broker goes bankrupt (i.e. 85,000 GBP in UK and 20,000 EUR in EU).

To ensure smooth operations, licensed brokers must have an operating capital minimum of 730,000 GBP/EUR.

Is ENS Invest a legit broker or a scam?

ENS Invest is a fraudster that claims to be operating in Cyprus and being regulated by the FCA. Scammers target traders from the UK and New Zealand, as well as those from Canada, Turkey, USA, Canada, Turkey, and Turkey.

What platforms does ENS Invest offer? Trade Software

ENS Invest was vague about the trading platform. We found nothing on the website about it other than that there were “mobile and desk versions of the platform.” This is a common practice among anonymous scammers such as this one. They usually offer a simple web-based platform called WebTrader.

The platform is suitable for beginners as it only offers basic indicators and charts. It won’t work for experienced traders. It doesn’t support automated trading, branch optimization, or live market reports. These features are available with Meta Trader platforms.

WebTrader can also be rigged to display fake profits and indicators. ENS Invest can trick you into believing you are actually trading. You’re only really putting money into the pockets of scammers.

ENS Invest Range Investment Opportunities – Trading Instruments

ENS Invest has a broad range of trading instruments. Here is a brief overview:

• Forex currency pairs: AUD/CAD and EUR/GBP. NZD/USD
• Indices – CAC40, FTSE100, DAX30…
• Metals Silver, Gold & Nickel;
• Stocks – L’Oreal, Adidas, Gazprom, NVIDIA…
• Commodities: natural gas, crude oil and sugar…
• Crypto assets – BTC/EUR, ETH/USD, XPR/USD…

We must admit that this is a very nice list. It’s intended to attract potential victims. Before investing, be aware of the broker’s unregulated status as well as shady business.

ENS Invest Fraud Zones – Service Countries

The little fraudster is anonymous and has its favourite countries to defraud people. These are the countries we’re certain about:

• United States;
• United Kingdom;
• Canada;
• New Zealand;
• Turkey.

Majority of them are English-speaking. This financial fraudster has not been dealt with by any regulator. It is up to us and other reviews to make sure that this happens. Please share any useful information that you feel could be helpful in stopping this criminal scheme. We are very grateful.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

ENS Invest: Video

Below you will find a short video about ENS Invest. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about ENS Invest!