InfluxFinance: reviews and trading features

Attention! Fraud company!

Leave a request for a refund from a scammer.

 Every day it becomes more and more difficult to distinguish scammers from reliable brokers, especially if there are no reviews about them. InfluxFinance is a fake office that was created to lure traders out of money. Let's find out what divorce scheme she uses.

Analysis of the site InfluxFinance

In an attempt to provide customers with complete information about their offers, financial intermediaries make good websites. InfluxFinance is not one of them: at first glance, it is clear that we have a template platform in which nothing has been invested. The audit showed that its price is zero rubles.

The section “About the company” is a block with “water” typical for swindlers. It colorfully describes their goals and mission, but there is no start date or information about the creators. 

The only date we could find is in the footer of the site. It implies that the project was launched in 2020.

Over the course of a year, InfluxFinance should have accumulated more than a few hundred reviews, but there is practically no mention of it on the Web. The check showed that the creators of the scam project just threw him an age. The real registration date for the influxfinance.pro domain is May 31, 2021.

On the site of the fake office, it is said that it is managed by Incendiary Group LTD, an organization that is registered in Dominica.

The same scammers created another scam - Meteor Trade, which has already managed to deceive many investors.

Here are the reviews written about this “kitchen” by ex-clients:

The place of residence of Incendiary Group LTD is Dominica. We have already mentioned this offshore more than once in our reviews. The local government doesn't care that it hosts all sorts of swindlers; she is only interested in annual contributions. It is not surprising that even such obvious swindlers managed to register here.

However, the presence of an offshore "registration" of the management company does not mean that InfluxFinance is an officially registered broker. The breeders were greedy and decided not to pay for adding it to the database.

There is no phone number in the contacts section, but this is not surprising: judging by the reviews, most of them do not indicate it, because they do not want to listen to the claims of deceived traders. 

The address also does not inspire any confidence: the check showed that there is no smell of any Incendiary Group LTD company there. It is assigned to a local hotel, and other organizations are not listed there. In addition, such “kitchens” as EuroFX, InvestCore and PrimoTrade indicate the same address.

Review of legal documents

Often unscrupulous financial intermediaries hide a lot of “pitfalls” in documents. Also, they do not translate them into Russian, so that investors who do not speak English fluently skim through them and not notice the catch. Judging by the reviews, this trick often works. It was used by the InfluxFinance breeders, however, we read and translated the “Terms and Conditions”. Let's see what the scammers hid in them:

• scammers are not responsible for the user's financial losses arising from the fact that he believed the information presented on the site;
• the hero of our review charges commissions for transactions and account maintenance, although the account description says otherwise;
• all disputes are resolved in Polish courts.

Registering in Poland is much more difficult than in Dominica: judging by the reviews, local authorities check all the information provided by companies. It is not clear why the scammers indicated this country at all, because neither InfluxFinance nor Incendiary Group LTD are in the database of legal entities.

A brokerage license is a sore subject for all scammers, because even offshore regulators do not issue documents to them. Nothing is said about the permit on the site of the scammers, however, registration in Dominica gives the right to assume that it was issued by the local regulatory authority. However, it turned out that InfluxFinance does not smell of a license.

The existence of the parent company FSU is also not in the know.

Even if the scammers had permission from the Dominica regulator, it does not matter to Russian traders. The only body that licenses brokers in our country is the Central Bank. Of course, he had not even heard of the “kitchen”, otherwise it would have been included in the list of unreliable organizations long ago.

Terms & Offers

The user can choose one of three types of accounts:

There are few specifics on the site: you can find out information about the leverage, methods of depositing and withdrawing funds, and the size of the spreads only after registration. InfluxFinance is known to promise:

• 3 trading accounts;
• the ability to use advisors;
• an authoring platform available on a computer, tablet and smartphone.

Feedback analysis

The fake office appeared at the end of May 2021, but it has already managed to collect a pool of negative reviews. According to the deceived clients, if you had the imprudence to make a deposit, then you will no longer see the money.

What is the essence of divorce?

Despite the fact that scammers do not have a page on social networks, they lure new victims with their help. A potential client is written by young people who allegedly have all the attributes of a beautiful life: luxury cars, country houses and apartments. They say that they cooperate with InfluxFinance and offer the user to try it too. If he claims that there is no money, then he is offered to deposit only $ 500, and the agent will accrue the same amount as a bonus. Judging by the reviews, investors cannot ignore such an offer and go to borrow money from banks and MFIs.

Scammers manipulate quotes and tweak the platform, doing everything to make the client lose money. When he runs out of money in his account, he will be offered to “recoup”, promising a guaranteed profit. Judging by the reviews, the words of scammers are not worth a damn: when these funds also disappear, the victim will be reminded of the bonus that needs to be paid back, as well as commissions. When the breeders realize that they have cleaned it to the penny, they will simply disappear from the horizon.

Conclusion

InfluxFinance is a third-rate "kitchen" without a license and with a bunch of negative reviews. We advise you not to approach her within a cannon shot if your capital is dear to you.