Recently, more and more new brokers have appeared on the Russian investment market. Because of this, it can be difficult to determine which of them is a scam and which is a real broker. Today we will look at Invest Autotrade — a broker who is engaged in automatic trading on Forex.
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What is Invest Autotrade?
Invest Autotrade is a brokerage company registered in the EU. According to official information on the company's website, its activities are regulated by the Cyprus Securities and Exchange Commission (CySEC). The company also declares that it has all the necessary licenses and certificates to work in the financial market.
Among the main services offered by Invest Autotrade are investing in cryptocurrencies, forex and other financial instruments. The company promises its clients fast and safe earnings in the market using auto trading technologies.
Questionable reputation of Invest Autotrade
Although Invest Autotrade claims to operate legally and has all the required certifications, many investors continue to believe the company is a scam. One of the main arguments cited by critics is the lack of reliable information about the company.
If you turn to the official website of Invest Autotrade, you will notice that the company does not provide customers with any detailed information about its founders, licenses and financial reports. Also, there are no reviews on the site from actual traders, and all only positive reviews are clearly written by the company's employees.
Fraud Evidence
If you want to invest your money in Invest Autotrade, you should know that this broker is not licensed to provide investment services. In addition, there is no information on the Invest Autotrade website about who owns the company and where its office is located.
In addition, there are testimonials from traders who fell into the trap of Invest Autotrade scams. They wrote that the broker did not pay them income, and that all their attempts to contact representatives of the company were unsuccessful.
Trader reviews
If you are going to invest your money in Invest Autotrade, you should pay attention to the reviews of other traders. If most of the reviews are negative, this indicates that the broker may be a scammer.
There are several reviews on the ForexPeaceArmy website that say Invest Autotrade is a scam company. Traders wrote that they were unable to receive their money after they made a deposit with this broker.
How to return money
If you have already invested your money in Invest Autotrade and have been scammed, there are several ways to get your money back.
Firstly, you can contact the police and file a complaint with the National Police of Kyiv. They can start an investigation and help you get your money back. However, this process may take some time and there is little chance that you will receive your funds back.
Secondly, you can turn to specialized lawyers and agencies that help fraud victims get their money back. They may offer you services such as legal support, preparation of court applications, and so on. For a free consultation fill out the form below.
Conclusion
Invest Autotrade is a fraudulent company, which does not have a license to provide investment services. In addition, the company's website does not contain any information about its owners or office. If you have already invested your money in Invest Autotrade and have been a victim of fraud, you can try to get your funds back by contacting the police or specialized agencies that help victims of fraud. However, there is a chance that you will not be able to get your money back. Therefore, you should always look at reviews of companies and only after a thorough analysis decide on an investment.
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I found ads in the tg channel about work, Dmitry Frolov offers the vacancy "trader's assistant", supposedly you need to follow his account, namely the trading robot, while he works with another, he kindly provided all the login data and the key to the bot. According to the terms, the bot trades from 500$ to 3000$, then Dmitry withdraws them and pays me 300$ supposedly for work. In fact, the bot traded 2957$ in 2 days and they were successfully withdrawn, after which Dmitry Frolov, aka a trader, explained to me that he would not make a payment to me. he is constantly scammed after the first payment by his wards and they start trading themselves and it makes no sense for him to pay 300$ because I will scam him anyway, BUT he is kindly ready to leave me his key to the trading robot and give advice on trading on his own. In general, this is a competent scam for a sucker, hoping that you will see how easy and simple it is with the “miracle robot” and invest your money, which you will lose 100%. Don't see me!