InvestTeck Review (2023)

Founded
2019
Avoid Reason
No license

Is InvestTeck a scam or legit broker?

It is not safe to trade with InvestTeck, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

About InvestTeck
🗺️ Registered in Estonia
🗺️ Type of License No License
🛡️ Is InvestTeck safe to trade No
🗺️ Recommended Licenses FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative Broker FP Markets - licensed by ASIC in Australia

No, it is not safe to trade with InvestTeck. InvestTeck is owned by GreenRiver OU, and claims to be located in Dublin, Ireland.

According to the website, InvestTeck is a world-renowned financial services provider offering a range of investment products, including Online Trading and FX. However, the company doesn’t provide any information about its regulation, and also the reputation of the owner-company is quite questionable. 

As stated, InvestTeck is owned and operated by GreenRiver OU, with a registered address in Tallinn, Estonia. GreenRiver OU operates some other brokers that we have previously reviewed (GCC Investing, Jones Mutual) and has been blacklisted in Estonia by its local regulator Estonian Financial Supervisory Authority and also banned in Australia by the Australian Securities and Investments Commission. Obviously, all the brokers associated with the GreenRiver OU should be avoided. 

We have heard brokers operated by GreenRiver OU deny traders withdrawing fund. We have feedback from traders that they cannot withdraw money. You read the feedback here. 

Conclusion

We advise all investors and traders to avoid InvestTeck and other unregulated brokers. The lack of information about the broker’s regulation, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and Alpari (Read FXTM Review and Alpari Review).


InvestTeck website is no longer active.

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