Our review of Epicinvest24 broker shows that the entity cannot be trusted to handle their customer’s money. In fact, the broker is quick to turn a customer into a victim by stealing their funds and blocking their accounts just like BullCFDs is doing.
As at the time of writing this review, Epicinvest24 was enticing investors using stories of how oil prices have risen in the recent months and how traders can take advantage of oil stocks.
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While it’s true that indeed pil prices have risen, this kind of talk is considered high pressure sales tactics. It is aimed at making you create an account and transfer your money into the scam as quickly as possible.
For that reason, we’re appealing to people who have lost money to these trading and investment scams to visit this page and initiate the chargeback process against the offending broker(s).
Epicinvest24 broker review: Not Legit but a scam
The first thing we noticed while reviewing this broker is the conflicting address and phone number. The broker is claiming to be from St. Vincent and the Grenadines but they are providing a UK phone number.
There must be one location for this broker and if they own multiple offices in many different locations, it should be easy to disclose this information for purposes of transparency.
They mention that EpicInvest24 is owned and operated by C.F Global Enterprise LLC. Our research shows that no company with such a name exists anywhere.
We could not trace this company anywhere on the internet. It seems something is fishy because usually a non existence entity often indicates a business name that has never been incorporated.
Whereas this broker is offering the usual CFDs instruments, they have failed to provide details of their account types such as minimum deposit, spreads, leverage and other details.
We found ourselves browsing multiple pages on the site and even after spending several minutes on the website, we did not find the information that we were looking for.
This makes the broker look suspicious. A good broker is one that is open and transparent for purposes of building trust. We find Epicinvest24 to be fishy and suspicious.
Epicinvest24 broker Review: Not authorized to provide financial services
This broker is based out of an offshore location that does not have strong regulatory framework for brokers. As a result, many scams like CoinWealthInv like to hide here because they feel safe scamming the world from this jurisdiction.
The broker has also not posted their licensing details meaning that they are not authorized to provide financial services to their customers (who they turn into victims anyway).
Trading with an unregulated broker is a dangerous affair because an unauthorized broker is not audited or governed by any oversight authority. As a result, they have a lot of leeway for running their business the way they like.
This is why offshore brokers who are unregulated tend to be the most popular perpetrators of scams in this industry, and falling in their trap is something that will make you lose whatever amount of investment you trusted them with.
We urge you not to create an account with Epic Invest 24. If you created an account but have not transferred money to the crooks just yet, don’t pick their calls because at some point, the thieves will engage their salesmen to handle your case.
The Conclusion of this broker review
Epicinvest24 is just among the multiple scam brokerages roaming the internet and hoping to find a victim whom they can reap off. The website does not look legitimate as it leaves us with more questions than answers.
If you’re already a victim, you can recover your lost funds by visiting this page and learning how victims are getting back their funds from the thieves of the internet.
Thank you for reading this broker review. Just avoid Epicinvest24 and you will be okay.