FinFinity Invest Review: 5 Reasons finfinityinvest.com is a Scam

 
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FinFinity Invest operates in the CFDs brokers business through the website finfinityinvest.com which was launched very recently. The broker wants to “help you become a successful trader”. They also claim that they have a reputation and would will protect both your funds and data. The question is whether all of these promises are true?

All indicators confirm that FinFinity Invest is yet another scam Forex broker wanting to steal funds from any trader who gives them the chance to. Their minimum deposit is 3,000 EUR which is quite a lot considering that this is not an established broker and we can’t be so sure that this broker will stay operational for the long term.

That said, if you’ve lost money on the bogus finfinityinvest.com platform, you should be able to recover it by visiting this page and filling out a short form. This action will automatically schedule a free consultation with an expert who will walk you through the process.

5 reasons why FinFinity Invest is a scam broker

Here are the 5 quick indicators that you should consider before trusting the broker with your funds.

Broker is not licensed

There is no reason why a legitimate broker should operate without a valid broker license. If FinFinity Invest is legitimate as they claim, they should post their license number on their website. A license number means they’re authorized by the local financial regulator in their jurisdiction to provide financial services. However, this broker claims to operate out of European Economic Area but is not authorized by any of the financial regulators operating there. This is a red flag right there.

FinFinity Invest is operated by anonymous people

We noticed that the broker is not transparent at all. Their about page does not give a conclusive statement about the company and people who run the show. This company does not have any history or track record. Furthermore, FinFinity Invest does not have a specific physical address. This is yet another red flag.

The broker wants to teach you trading

Beware of CFDs brokers that claim they want to teach you trading or that they are interested in your success. The way CFDs work does not permit any broker to wish their clients success. This is because the client’s success is the broker’s losses. Due to conflict of interest, FinFinity Invest cannot want you to win. The training material is just meant to convince you to transfer funds to the broker. All scammers use these tricks to achieve their goals.

No client success stories to back the claims of FinFinity Invest

The broker does not have any reviews or ratings out there. We can’t be so sure whether they permit withdrawals since we have not seen anyone stating that they made a profit and withdrew that profit. If there were such reports, we would have investigated and advised accordingly.

Lack of transparency

FinFinity Invest is not interested in transparency. This is why details about their physical address is hidden. If they were transparent like regulated brokers are, they would have cleared provided the details needed to verify their authenticity.

Conclusion of the finfinityinvest.com broker review

With the above red flags, you can’t take the risk. Remember that this broker is asking for 3,000 EUR deposit which is a lot of money for beginners. If you give them this money, there’s no crossing fingers and hoping that the broker will treat you good. It will be a sure scam.

If you have an experience with a fake broker like finfinityinvest.com, kindly share your experience below.

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