Overview
Is Investex a scam or a legit broker?
Investex is 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade Investex. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.
About Investex
| 🗺️ Registered in |
St. Vincent and the Grenadines |
| 🗺️ Type of License |
Offshore License |
| 🛡️ Is Investex safe to trade |
No |
| 🗺️ Recommended Licenses |
FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker |
FP Markets - licensed by ASIC in Australia |
Investex is an offshore Forex and CFD broker. The firm is an authorized brand of Investex Bank Limited. Investex Bank Limited is authorized and regulated by the St.Vincent and the Grenadines Financial Services Authority.
The support contact number on the website is Chinese, although the company is based in the Saint Vincent and the Grenadines, which means they were targeting traders in China without being authorized in the country. Moreover, Hong Kong SFC has issued a warning against Investex.
We recommend to avoid offshore brokers and invest with companies licensed in UK or Australia, where regulation is strict and there are certain client protection rules.
In order to get a license from Australian Securities and Investments Commission (ASIC), the broker needs to have 1 million AUD capital and physical office in Australia. Here you can check the list of the ASIC-regulated brokers.
Conclusion
We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Pepperstone and TMGM.
Yet, it is always great to hear your personal opinion about Investex. So you may share your experience or thoughts or discuss them below or ask us for additional information.