InvestCore Review – Can Investcore.trade Forex Broker Scam You?

Is InvestCore a Scam Broker?

Before we get into the details of InvestCore regulation, let’s take a look at who is currently in control of the company. The company has changed three owners: Malarkey Consulting Ltd., Xertz Consulting Inc. and Investcore Ltd.

According to the website, the first entity is located in the Commonwealth of Dominica. The second is allegedly headquartered at Swiss, while the third is located in Belize. We have confirmation from regulators that the addresses of the second and third entities are unreal. We believe that the firm is located in Dominica, which has almost no supervision of FX brokers. It fits the scheme.

A quick reminder that brokers operating in the EEA area cannot offer leverage greater than 1:30. This is due to the ESMA limit. InvestCore brokers offer leverage up to 1:200. This implies that it is illegal and offshore.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Let’s see what the regulators have to offer on fraud.

InvestCore Warnings

The Spanish CNMV issued a warning about investcore.pro in January 2022. Its owner, Xertz Consulting Inc. It states that the firm does not have authorization to offer investment services. Estonia, another EU member, has republished the warning.

The broker was also banned in Canada by the Ontario Securities Commission, which barred Investcore Ltd. and Xertz Consulting Inc. from being scheme owners. This warning was quickly republished in The Netherlands.

German BaFin linked Xertz Consulting Inc. to several fraud brands in June 2022. These included HashTrade and Equity-Broker. They claimed that they were aware that InvestCore’s customers had received letters allegedly from BaFin, which confirmed the broker’s authority in offering financial services.

Section 54 of German Banking Act (KWG) states that operating a business that does not require a license or permit is a crime. InvestCore, however, does this along with all other flagged companies.

The FSC of Belize raised concerns about Investcore Ltd., a Belize-based company. It is bad business when an offshore regulator warns.

InvestCore Trading Assets and Accounts

If you’re still interested, which shouldn’t be the case, here’s what you can trade with the broker:

• Currency pairs: EUR/USD, USD/ZAR, SEK/NOK;
• Commodities: gold, natural gas, sugar;
• Indices: AU200, DAX30, S&P500;
• Shares: Amazon, Netflix, Asus;
• Futures: gold, silver, crude oil;
• Options: stocks, commodities, FX pairs.

Options trading is possible but crypto trading is not. Binary options were outlawed in the UK and EU in 2018, and then in Australia.

InvestCore offers these accounts:

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – EduTrend, Dominion Markets, SF Trading.

InvestCore: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about InvestCore. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about InvestCore!