Digital Investiocoin Group - scam! Forex Broker review
Broker Digital Investiocoin Group, operating in the UK, is a scam with a bad reputation.
When we go to the official website of the Digital Investiocoin Group - digitalinvestio-fx.online, we learn that the company under study provides intermediary services for working on the Forex financial market in England. In addition, Digital Investiocoin Group provides services for financial transactions.
Our experts analyzed the Digital Investiocoin Group website, got acquainted with the terms of action, tried to get at least test access to the services, investigated the existence of documents, the region of registration of the organization.
With the help of this data, we will find out: Is Digital Investiocoin Group a scam or not?
We will also explain to you how not to get hooked by scammers, about their methods of action. We will tell you all the information you need to keep your investments safe.
The Digital Investiocoin Group is located in an offshore country
The main call that says that digitalinvestio-fx.online are scammers is the country of residence. According to the documents, the company is registered in the Republic of the Marshall Islands, which is already doubtful, since it operates in the UK. Offshore states are popular with criminals due to the absence of the need to comply with the law and regulation.
Also, this country does not have the authority to trade in the Forex market.
In addition, when our experts tried to find the address, data on the owners and directors of digitalinvestio-fx.online, they were unable to identify anything.
It demonstrates that digitalinvestio-fx.online is a criminal Internet broker, cooperation with which will result in significant financial losses.
Lack of information about the management of digitalinvestio-fx.online
Having studied the official website, we have not been able to reveal the truthful information about the organizers of the company Digital Investiocoin Group. No physical address, no phone numbers or other methods of contact.
As a rule, this means that the actual owners try to hide information about themselves in order to avoid responsibility for their crimes. And even if one of the employees of the Digital Investiocoin Group can be exposed, then everything will end there, and the owners of the shadow company will remain at large with money.
Digital Investiocoin Group, website - Digital Investiocoin Group, works less than a month
The site digitalinvestio-fx.online talks about the serious experience of operations in the Forex financial market.
The most common method of analyzing any site is to obtain information about the domain. Most often, they contain the lifetime of the domain name, the contact details of its owner.
In this case, the digitalinvestio-fx.online domain name is valid for less than one month, and the information about the person who owns it is hidden. Another evidence that the leadership of the Digital Investiocoin Group is trying to protect its incognito.
Such a desire can be accepted, but not when it comes to a financial company working as an intermediary between the user and Forex.
At the same time, digitalinvestio-fx.online assure potential users that they have been working effectively on Forex for quite a long time.
Digitalinvestio-fx.online does not have a demo period
It is a common practice for Internet brokers to provide clients with a demo version of their software so that they can get acquainted with the interface, test their skills in trading on the Forex financial market with fake money.
Unfortunately, on the official website of the Digital Investiocoin Group, we could not find information about the trial period, the ability to try out the programs.
We assume that the management of Digital Investiocoin Group is simply not going to give users trial access to paid software, as someone may begin to suspect something was wrong.
Online broker Digital Investiocoin Group operates with a negative balance
Official companies that trade in the Forex market do not use a negative account in their activities. By law, an online broker trader is not able to spend more now on his balance sheet. In rare situations, when the account still goes into negative territory, the debt will be repaid not by the client, but by the company that provided its services.
Therefore, honest Internet brokers do not use a negative account in their work.
And yet, digitalinvestio-fx.online provides its clients with trading with a negative balance, that is, on credit.
Why is it necessary?
In order to drive the trader into debt and start demanding debt from him. This is one of the most common scams used by criminals.
If this has already happened, it must be remembered that criminals do not have the ability to recover money in accordance with UK law. Any methods of pressure on customers are considered illegal. The maximum that the bandits are able to do is call, send out messages with demands.
You cannot cooperate with digitalinvestio-fx.online, as agreements will result in losses.
Digital Investiocoin Group operates with a credit ratio of 1 to 400 or more
Already now, it becomes clear that Digital Investiocoin Group are scammers. And yet, let's point out another nuance, namely the presence of an extremely high credit ratio.
The credit ratio is the ratio of the finances of clients and online brokers when making a trading operation. This makes it possible to make significant trading operations for traders who do not have sufficient funds available.
In order to protect users of the Forex market, in civilized countries, the current laws require the use of a credit ratio with a maximum ratio of one to 30, in rare cases 50.
At the same time, Digital Investiocoin Group uses a leverage of 1:400 for trading in the Forex market.
Such an attitude is allowed in Switzerland, as companies registered in this country enjoy great confidence. However, Digital Investiocoin Group is not registered there.
In fact, Digital Investiocoin Group cannot conduct operations on the Forex financial market with such a credit ratio, due to the high risk for users. Actually, this is used solely to force the user to give as much finance as possible, but also to drive him into debt.
Local divisions of Digital Investiocoin Group
It is considered important for any company to have local offices in civilized countries, even if the activity takes place exclusively in England. Therefore, Digital Investiocoin Group says that in addition to an impressive number of awards, they have regional offices in the UK, Australia and other developed countries, and in addition about a lot of competent employees.
It is very easy to check the reality of these branches. Since there are specialized structures that control the work of online brokers. In England it's FCA, in Australia it's ASIC.
Because of this, the official organization is required to have permits from these or other organizations that confirm their right to provide services for making money in the Forex financial market, and indicate the degree of responsibility.
However, after analyzing the profile sites, our experts did not find them. Which once again confirms the suspicions.
To register on digitalinvestio-fx.online, you must transfer personal data
As we reported earlier, Digital Investiocoin Group does not have a demo period and because of this, in order to gain access, you must immediately pay the minimum payment to the bandits of Digital Investiocoin Group. In addition, access to the digitalinvestio-fx.online personal account is really only upon successful completion of identity verification.
This means that the Digital Investiocoin Group requires its users to transfer data such as:
- Information about an individual (passport, driver's license, etc.);
- Information about the permanent place of residence (payments for utilities);
- Information about qualifications, place of work, length of service.
In addition, with the initial payment, criminals can gain access to card data.
Combined, this data can enable scammers to hang a loan on a deceived trader, or carry out other shady schemes.
Since registration on the official website digitalinvestio-fx.online requires the transfer of personal information, our experts did not get access to the Digital Investiocoin Group personal account and services for earning on Forex.
Reviews on Digital Investiocoin Group
An extremely important point of exposing the Digital Investiocoin Group is the analysis of user reviews.
A detailed analysis of the search results on the Internet allowed us to obtain the following information:
- Most of the Digital Investiocoin Group reviews online are fake. These are similar positive reviews of a paid nature;
- All real reviews and references to Digital Investiocoin Group are negative. Our employees were unable to find reliable reviews and references from digitalinvestio-fx.online customers, which talk about earnings, performance.
- Bad reviews and comments are related to criminal activities, stealing funds, creating debt.
Because of this, real reviews about Digital Investiocoin Group say that the broker in question is a scam.
Contact information and papers Digital Investiocoin Group
After reviewing the information on digitalinvestio-fx.online, we found a lot of dubious digital white papers that can be easily done with a graphic editor. They are not confirmed by official organizations, which means that they cannot be trusted.
If an online broker is not associated with regulatory companies, then its users simply have nowhere to turn for help.
On the "Contacts" page, our employees identified a phone number. It turned out that it had already been used by an illegal online 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 an online Forex broker? Make sure that you can take away investments from him.
Having studied the user agreement on the Digital Investiocoin Group website, we did not find specific information about the ways to withdraw earnings. In addition, we found a mention of punishments for a long period of inactivity of the account, but there was no data on their amounts. Since swindlers do not work in the official field, it will not be possible to challenge these fees.
Because of this, even if the client has ended cooperation with the Digital Investiocoin Group, they can start calling and sending messages demanding to pay a fine.
How does Digital Investiocoin Group work?
The method of finding new customers that the Digital Investiocoin Group uses also raises concerns.
Fake profiles on social networks are used for advertising, in which fake bloggers spread information about how they instantly managed to get rich by making Forex transactions with the help of Digital Investiocoin Group.
Advertising accounts show expensive cars and jewelry, vacations in resorts and other manifestations of a prosperous life.
They promise instant income that doesn't require much learning or effort.
When a user gets in touch with them, Digital Investiocoin Group managers confirm the reality of instant income, as well as some unique features of their software that will make it possible to immediately get a big income.
After that, all sorts of tricks are used to get the maximum amount of investment from the trader. For example, a client may be given a small profit in order to motivate them to give even more money.
If trading on the Forex market is unprofitable, a company representative will recommend transferring more in order to close the minus.
Employees of the Digital Investiocoin Group act according to the manuals that were developed by qualified scammers. Criminals analyze information about a trader in order to influence vulnerabilities and extract more money.
In any case, all this will lead to one of two results:
- When you decide to withdraw your investment before you are in debt, you will be fined, your investment will be frozen, and everything will be done to force you to transfer more;
- If you allow scammers to drive the account into a minus, threats will begin, scammers will begin to demand the return of a fake loan.
Another way to make a profit for the Digital Investiocoin Group may be the transfer of your personal information to interested organizations. We think that, after that, detailed information about you can really be purchased for a small amount of money on some anonymous service on the shadow Internet.
Surely, because of this, all kinds of criminals, sales managers, etc. will begin to call you more often. It is also worth waiting for calls from accomplices of the Digital Investiocoin Group, who will begin to offer a "return" of lost investments, of course for a reward.
Since Digital Investiocoin Group does not operate in a regulated field and preserves incognito, Digital Investiocoin Group cannot be forced to respond under current law in England. The heads of the shadow company are diligently hiding and in the best case, law enforcement agencies will be able to arrest one of the "administrators".
Should I trust Digital Investiocoin Group?
In no case!
Only if you are going to give finances to criminals, then give them to a good deed.
We will briefly list the evidence indicating that Digital Investiocoin Group are scammers:
- Lack of official registration;
- No demo period;
- Lack of data on the owners of the firm;
- Phone number found in illegal schemes;
- Negative balance;
- Credit ratio over 1 to 50;
- Bad reviews;
- False information on the website.
Full review of Digital Investiocoin Group - finished. Obviously, Digital Investiocoin Group are criminals.