Digital Investiocoin Group - scam! Forex Broker reviewPaul Roberts 27 / March / 22 Visitors: 502
Broker Digital Investiocoin Group, operating in the UK, is considered a criminal with a bad reputation.
If we go to the official website of the Digital Investiocoin Group - digitalinvestio-fx.online, we will read that this company provides trading services on the Forex financial market in Britain. Digital Investiocoin Group also offers trading software.
Our specialists analyzed the Digital Investiocoin Group website, got acquainted with the terms of operations, made attempts to get at least test access to the programs, looked at the availability of official documents, the place of residence of the company.
With the help of this information, we will find out: Is Digital Investiocoin Group a scam or not?
In addition, we will explain to you how not to fall into the network of scammers, about their operation algorithms. We will give you all the information you need to keep your investment safe.
Organization Digital Investiocoin Group is located in an offshore zone
A serious call that says that digitalinvestio-fx.online are scammers - the region of residence. The company is officially registered in the Republic of the Marshall Islands, which is already suspicious, since the company operates in Britain.
Offshore regions attract the attention of scammers due to the lack of laws and oversight.
Moreover, this country does not have permissions for Forex activities.
Also, when we tried to find the real address, information about the owners and directors of the Digital Investiocoin Group, we could not find anything.
This suggests that digitalinvestio-fx.online is a criminal online broker, interaction with which can result in significant financial losses.
Lack of information about the directors of Digital Investiocoin Group
After analyzing the site, we could not find plausible information about the directors of the Digital Investiocoin Group organization. No legal address, no telephone or other methods of contact.
Most likely, this means that the current leaders are trying to hide information about themselves in order to elude responsibility for their crimes. If you manage to contact one of the employees of the Digital Investiocoin Group, then everything will end there, and the actual leaders of the criminal organization will remain free with the money.
Digital Investiocoin Group, official website - digitalinvestio-fx.online, has less than thirty days
The Digital Investiocoin Group website talks about the extensive experience of Forex operations.
The main way to analyze any web site is to obtain information about the domain. As a rule, they fix the period of existence of a domain name, information for contacting its owner.
In a specific case, the digitalinvestio-fx.online domain has been operating for less than one month, and the data on the legal entity that owns it is hidden. Another evidence that the management of the Digital Investiocoin Group is trying to preserve anonymity.
This desire can be understood, but not when it comes to a financial firm acting as an intermediary between a trader and the Forex financial market.
At the same time, Digital Investiocoin Group assures users that they have been operating effectively in the Forex market for many years.
Digitalinvestio-fx.online does not have a demo period
It is a common practice for online brokers to provide users with a test version of their programs so that they can familiarize themselves with the interface, try their skills in Forex operations with virtual currency.
Unfortunately, on the official website digitalinvestio-fx.online, we did not find information about the test period, the ability to test the software.
We assume that the Digital Investiocoin Group management most likely does not plan to provide customers with demo access to the software, as someone is able to begin to suspect a scam.
Internet broker digitalinvestio-fx.online operates with a negative account
Registered organizations that operate in the Forex financial market do not use a negative account in their activities. By law, the user of the broker is not able to spend more now there is on the balance sheet. In situations where the account still goes into a negative value, its debt will have to be repaid not by the user, but by the company offering the services.
In accordance with this, registered online brokers do not apply a negative account in their activities.
However, Digital Investiocoin Group provides its traders with Forex operations with a negative balance, that is, on credit.
What is it for?
To drive a trader into a loan and start demanding debt. This is one of the most commonly used fraud methods used by financial scammers.
If this happens, you need to remember that deceivers have no way to recover money under UK law. Any methods of pressure on customers are considered criminal. The most that scammers are capable of is calling, sending messages with demands.
You cannot work with Digital Investiocoin Group, since any agreements will turn out to be expenses.
Digital Investiocoin Group operate with a leverage of one to 400 or more
It is already clear that Digital Investiocoin Group are scammers. However, let's pay attention to one nuance, namely the existence of excessively large credit leverage.
The credit ratio is the ratio of funds of clients and brokers at the conclusion of the transaction. Leverage makes it possible to carry out large operations for traders who do not have the appropriate money with them.
In order to protect traders in the Forex market, in civilized countries the legislation provides for the use of a credit ratio with a maximum ratio of one to thirty, sometimes fifty.
At the same time, Digital Investiocoin Group applies a leverage of 1 to four hundred for trading activities in the Forex financial market.
This relationship is allowed in Switzerland, since firms registered in this state enjoy great confidence. But Digital Investiocoin Group is not registered in this country.
In fact, Digital Investiocoin Group cannot conduct transactions in the Forex financial market with such leverage, due to the high risk for users. So, this is used only to force the user to give away as much of his money as possible, but also to drag him into debt.
Local divisions of Digital Investiocoin Group
It is considered prestigious for every financial firm to have local offices in civilized regions, even if the work is carried out only in Britain. So Digital Investiocoin Group informs that in addition to many awards, they have regional offices in England, Australia and other civilized countries, as well as about thousands of experienced workers.
It is easy to check the reality of these offices. After all, industry structures that regulate the actions of online brokers are known. In the UK it's FCA, and in Australia it's ASIC.
That is, the official company is obliged to have supporting papers from these or other organizations that will confirm their authorized right to provide trading services on the Forex financial market, and determine the degree of responsibility.
However, after checking the specialized official websites, our experts did not find them. This once again confirms the suspicions.
For registration on digitalinvestio-fx.online, you need to transfer personal data
As we reported earlier, Digital Investiocoin Group does not have a trial period, and because of this, in order to gain access, you must immediately transfer the minimum deposit to Digital Investiocoin Group scammers. In addition, creating a personal account digitalinvestio-fx.online is really possible only when the user is verified.
This means that the Digital Investiocoin Group requires users to transfer data such as:
- Information about an individual (passport, birth certificate);
- Information about the permanent place of residence (scans of utility bills);
- Information about qualifications, length of service, place of work.
In addition, during the initial transfer, scammers can gain access to bank card data.
In combination, this information may allow scammers to issue a loan to a client, or carry out other illegal transactions.
Since for registration on the digitalinvestio-fx.online website, you need to transfer your personal data, we did not get access to the Digital Investiocoin Group personal account, as well as applications for making money on Forex.
Reviews on Digital Investiocoin Group
An extremely important step in exposing the Digital Investiocoin Group is the analysis of traders' reviews.
Search results analysis gave us the following data:
- Most mentions of Digital Investiocoin Group on the web are lies. These are the same positive reviews of a customized nature;
- All true references to Digital Investiocoin Group are negative. We were unable to identify reliable reviews and comments from users of digitalinvestio-fx.online, which report profit, effective work.
- Bad reviews are associated with illegal activities, theft of investments, artificial creation of debt.
Because of this, reviews of Digital Investiocoin Group indicate that this online broker is a scam.
Contact details and white papers Digital Investiocoin Group
Analyzing the data on digitalinvestio-fx.online, we saw a lot of dubious digital official papers that can be easily done with the help of a graphic editor. They are not confirmed by official companies, which means they cannot be trusted.
If the broker is not associated with regulatory companies, then users simply have nowhere to turn for help.
On the "Contacts" page, our experts found a phone number. It turned out that it had already been used by an illegal broker. There are also many reviews on the network about fraudulent activities associated with the phone number indicated on digitalinvestio-fx.online.
Withdrawing money from digitalinvestio-fx.online
Are you going to make money with Forex online broker? Make sure that you can take away investments from him.
While examining the client agreement on the Digital Investiocoin Group website, our experts did not find any information available on the withdrawal methods. We also found a description of punishments for long-term inactivity of a personal account, but did not find information about the size. Since scammers do not operate in the legal field, these fees cannot be canceled.
Because of this, even if the client has finished working with the Digital Investiocoin Group, they can call and spam demanding to pay a fine.
How does the Digital Investiocoin Group operate?
The method of finding new customers that the Digital Investiocoin Group uses also raises concerns.
For promotion, fake accounts on social networks are used, in which fake users talk about how they instantly managed to get rich by trading on Forex through the Digital Investiocoin Group. Fakes show expensive cars and clothes, vacations in resorts and other signs of a prosperous life.
They promise instant earnings, for which you do not need to study or make a lot of effort.
If a potential trader gets in touch with criminals, Digital Investiocoin Group employees report the possibility of a rapid profit, as well as some unique features of their services that allow you to immediately withdraw a large profit.
Further, various manipulations are used to get the maximum funds from the trader. For example, a client can draw a fake profit in order to motivate them to transfer even more deposits.
If work on Forex becomes negative, the manager will offer to invest more in order to cover the negative.
Digital Investiocoin Group managers act according to scripts developed by professional manipulators. They analyze user information in order to push on specific places to get more contributions.
One way or another, everything will lead to one of the options:
- When you want to receive investments before you find yourself in debt, you will be fined, banned from using the assets, and will do everything to make you pay more;
- If you let the bandits drive the balance into debt, threats will come, the bandits will demand to repay a non-existent loan.
Another way to make money for the Digital Investiocoin Group can be the transfer of your confidential data to interested organizations. Probably, after that, it’s really possible to get detailed information about you for a moderate amount of money on some anonymous telegram channel on the darknet.
It is likely that after that various bandits, sales managers, etc. will begin to call you more often. It is also worth waiting for calls from Digital Investiocoin Group accomplices who will offer the “return” of lost finances, of course for a fee.
Since Digital Investiocoin Group does not operate in the legal field and preserves anonymity, Digital Investiocoin Group cannot be forced to answer under the law in Britain. The leaders of the shadow company skillfully hide and in the best case, the legitimate authorities will be able to figure out one of the "employees".
Can I work with Digital Investiocoin Group?
In no case!
Only if you are going to give finances to scammers, then it is better to transfer them to charity.
Let's briefly voice the evidence that Digital Investiocoin Group are criminals:
- No official registration;
- No demo period;
- There is no information about the owners of the company;
- Phone detected in fraudulent transactions;
- Negative score;
- Leverage over 1 to 50;
- Negative reviews;
- False data on the website.
This completes the Digital Investiocoin Group review. Obviously Digital Investiocoin Group are scammers.
Paul Roberts 51 years old Born in Edinburgh. Married. Studied at University of Oxford, Department of Public Policy and Social Work. Graduated in 1997. Works at Standard Life Aberdeen plc.