Interest in Forex trading has seen a dramatic increase in recent years. This global decentralized market where all the world’s currencies are traded is attracting more and more investors due to the potential profits that can be made. As a result, numerous platforms are constantly emerging, competing to attract customers by promising to provide the best trading experience.

However, as the level of competitiveness escalates, unfortunately, so does the number of brokerage platforms that resort to unfair strategies to expand their customer base and increase their annual income. Consequently, many unsuspecting individuals have fallen victim to scam brokers and lost their funds. Our aim here is to shine a spotlight on these platforms and provide potential future victims with the information necessary to avoid falling into the same traps.

The first step to ensuring that a Forex broker platform is safe and adheres to high-standard regulations is to obtain detailed information about its operating principles, official website, and legislative framework. This way, deciding to invest or become a customer of a broker company becomes a less risky endeavor.

In this article, we delve into the details of a well-known broker company called Investizo, which boasts a sizable customer base. Our aim is to protect potential customers from unfair practices and prevent unnecessary risks.

Investizo was founded in 2020 and is operated by Investizo LTD. The minimum deposit for Investizo is 250 USD, and the platform allows the use of MetaTrader 4. The company provides access to a wide range of trading options, including Forex, indices, different commodities, and stocks.

Investizo also has a mobile app available, offering flexibility to its users. However, it does not include social trading features. Despite these offerings, some aspects of Investizo have raised concerns over its safety and fairness. This article will dissect every significant feature of Investizo in detail to provide a comprehensive evaluation of its safety and legitimacy.

Go to Investizo’s Official Website

The Website

The official Investizo website is the first point of contact between the company and potential customers. At first glance, Investizo seems to have invested quite a lot in the website’s design, which features an impressive dark theme and provides general information about its offers.

However, digging deeper into the website reveals some significant shortcomings. Information about important elements such as licenses, customer support, or other relevant data is not easily accessible, if at all. This lack of transparency raises a significant red flag, as a secure platform should provide customers with detailed information about its operations.

In addition, the website advertises the option of automated trading software, which could potentially indicate the presence of a scamming scheme. Furthermore, the lack of a provided phone number, only offering email and chat customer support, also creates a suspicious appearance. Overall, the absence of essential information on the website raises questions about the legitimacy of Investizo.

Open an account with Investizo

License

A pivotal factor that determines the credibility of any broker company is its licensing status. Investizo, operating as an offshore broker company, is not under the regulation of any international licensing authorities. The absence of such critical information from the official website implies that they are not legitimate, consequently alerting users about potential safety risks.

Trustworthy brokers typically operate under the regulation of established authorities such as the Australian Securities and Investments Commission (ASIC) or other renowned entities. Investizo, unfortunately, does not have any connection to such organizations. ASIC, being a highly regulated commission with strict requirements, necessitates brokers owning its license to adhere to specific guidelines concerning leverage, spread, and other crucial aspects. Therefore, Investizo’s lack of a license from any reputable authority paints it as an unsafe platform.

The broker mentions that the company is operated by Investizo LTD, registered in the offshore zone of Saint Vincent and the Grenadines (SVG). SVG is notorious for being a hub for scam brokers who choose it due to its leniency and low operating costs. Additionally, brokers are not required to comply with government regulations, allowing them to operate freely without any supervision. This gives rise to unethical practices and increases the risk of scams.

Go to Investizo’s Official Website

Trading Platforms

A trading platform is a software that allows investors to place trades and provides various features such as live price streaming, access to multiple order types, and real-time charts. Investizo uses the MetaTrader 4 trading platform, an older but widely-used platform. The more recent MetaTrader 5 version offers improved features and is more user-friendly.

Although having MetaTrader 4 available for traders is commendable, it alone cannot vouch for the platform’s trustworthiness. Therefore, it is essential to consider the other aspects of Investizo’s service to determine its overall reliability.

Open an account with Investizo

Payments, Deposits, and Withdrawals

Investizo has a strategy of offering a low minimum deposit to give an impression of being a secure option. The minimum deposit is set at 50 USD, but the platform encourages users to deposit 250 USD with the promise of better features, bonuses, and profits. The average minimum deposit amount in the industry is between 50 and 100 USD, so suggesting a deposit of 250 USD on a platform without regulation is not advisable.

Investizo does not provide a comprehensive list of available payment methods. The only mentioned method is transactions through debit and credit cards. This lack of transparency and potential lack of payment method diversity can be discouraging for potential users.

Many reviews and complaints about Investizo on various forums and social media platforms show clients who have encountered technical issues when trying to withdraw their funds. There have also been reports of users unable to withdraw profits made from their bonuses. This has prompted questions about the platform’s reliability, leading to even more concerns.

Go to Investizo’s Official Website

Customer Support

Despite Investizo’s claim of prioritizing customer support, they provide limited channels of communication. Investizo offers customer support through email and live chat. However, there are no phone numbers provided. This could be a barrier to customers who wish to have direct communication with a support representative.

While live chat is a convenient feature for quick questions or immediate issues, it may not be suitable for more complex problems. Email support can be slow, and without a phone number, customers may be left waiting for responses that take too long.

Open an account with Investizo

Conclusion

In conclusion, with all the evidence presented, it is clear that Investizo cannot be deemed a reliable and safe broker. While it does offer certain features that might attract customers, such as the MetaTrader 4 platform and a visually appealing website, the underlying concerns are too significant to overlook.

Investizo is not regulated by any international authority, a significant downside that should caution potential clients. The company’s offshore registration in Saint Vincent and the Grenadines, an area known for being a breeding ground for scam brokers, adds another layer of concern.

Furthermore, the lack of transparency on their website, together with numerous complaints about the withdrawal process and limited customer support options, all point to Investizo being a potential scam broker. When choosing a broker, it’s essential to prioritize the safety of your funds. Thus, potential customers should look elsewhere to find a broker that is transparent, reliable, and most importantly, regulated by a reputable authority.

The Forex market is a high-risk field with both legitimate brokers and scam brokers. Therefore, traders should conduct proper research before choosing a broker, and remember that “if something seems too good to be true, it probably is.” Always verify the broker’s regulation status, check reviews, and carefully read their terms and conditions before investing your money.