Koinvest ForexBrokers Capital Advisors Corporation SCAM Full Review
Did you deposit with Koinvest ForexBrokers Capital Advisors Corporation and suspect you were SCAMMED? Read our review about Koinvest ForexBrokers Capital Advisors Corporation And see why we DON’T recommend them as your broker for trading
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Who is Koinvest ForexBrokers Capital Advisors Corporation ?
First, you need to know that trades between FX (foreign exchange) dealers can be huge, involving hundreds of millions of dollars. And due to sovereignty issues when two currencies are involved, the foreign exchange market has almost no supervisory entity that regulates its actions.
Koinvest ForexBrokers Capital Advisors Corporation is one of many UNREGULATED forex brokers.
Speaking of their website, when you look for a broker for trading, and you see that the company does not fall under any regulating agency- please do NOT invest with them. It should be a sufficient tip-off for you to know that your money isn’t safe with them and you are not protected. They can take your money and there is no regulatory agency to hold them responsible.
If that’s not enough, you should be aware that when a website, like Koinvest ForexBrokers Capital Advisors Corporation’s website, offers “Automated Trading Software” from another website they work with- you’re in for a scam. These kinds of websites are notoriously known for scamming schemes.
So how does it work?
Well, they will do everything in their power to convince you to make the initial minimum deposit. They will lure you by promising the moon: “We will double that initial deposit within 24 hours!” and so on.
After they succeed with the initial deposit, they will try to get more money out of you using the help of more experienced scammers. It doesn’t end. However, you can make it end even if you fall victim to their empty promises.