Another offshore, unregulated, blacklisted broker. If you want to know what to do if you have been scammed by an InvestBoost broker, then stick with us till the end. We will show you all the methods this shady brokerage uses to find their clients and what the MO is. Why there are so many complaints about the broker and many withdrawal issues.
Read our InvestBoost review and find out everything.
|Broker status:||Offshore Broker|
|Regulated by:||No regulation|
|Headquarters Country:||Commonwealth of Dominica|
|Cryptocurrencies:||Yes (N/A about the number and types)|
|Types of Assets:||FX, commodities, indices, stocks, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||No|
InvestBoost Regulation and Security
We’ve already answered the question is InvestBoost regulated. The broker is based in the Commonwealth of Dominica and operates with no regulation of any kind. There are two owners of this brand, Widdershins Group Ltd & Malarkey Consulting Ltd, both of them blacklisted by some regulatory body.
What’s Wrong With InvestBoost Regulation? Just to make sure, we’ve checked the register of FSU of Dominica and searched for InvestBoost regulation. We couldn’t find this broker, nor the two parent companies in FSU register at all. This means that the broker is not legit, and it’s not safe to have your funds kept with such a company.
Warnings From Financial Regulators
As mentioned, InvestBoost forex broker is also blacklisted. The Italian CONSOB put one of the parent companies, Widdershins Group Ltd, on the blacklist. Spanish CNMV and Lithuanian LB blacklisted the same company. The other company, Malarkey Consulting Ltd, is an owner of another scam brand PrimoTrade blacklisted by the UK FCA and the Danish DFSA.
Since one of the company’s brands is a scam, there is no reason for the other one not to be, right?
What Are Trading Platforms Available?
We’ve tested the InvestBoost trading platform, a cTrader. The company has a web and mobile trader offering a wide range of trading assets.
However, the leverage of this broker is suspiciously high, as’s the case with many scam brokers. It goes up to 1:100, while the standard for regulated brokers is 1:30. Be aware of the InvestBoost scam!
What Can You Trade With an InvestBoost Broker?
The only good thing about the broker is the trading assets offered. Clients can trade with currency pairs, commodities, indices, stocks, and cryptocurrencies.
When it comes to InvestBoost minimum deposit, again a standard for scam brokerage – $250. Why would you accept something like this when other FCA, ASIC, or CySEC regulated brokers let you start from $10.
Scammed by InvestBoost broker? What to Do?
Have you had any problems with InvestBoost broker – File a complaint today! Unfortunately, you are not the only victim of the InvestBoost scam. As you saw, the broker is blacklisted in many countries because of this.
Do not be afraid, contact our support via chat now, and let’s get your money back! If you have any negative experience with this or any other fraudulent broker, we would be grateful if you could share it with us.
What is InvestBoost?
InvestBoost is an online trading platform from the Commonwealth of Dominica.
Is InvestBoost regulated?
No, the broker is operating with no license, and your funds are not safe with InvestBoost.
Is my money safe with an InvestBoost broker?
Since the broker is not regulated and is based offshore no, your money is not safe.
Is InvestBoost legit?
InvestBoost is an unregulated offshore broker that should be avoided at all costs.