Digital Investiocoin Group - scam! Forex Broker reviewJulius Conley 27 / March / 22 Visitors: 376
The UK-based online broker Digital Investiocoin Group is a scam with a tarnished reputation.
When we get to the official website of the Digital Investiocoin Group - digitalinvestio-fx.online, we learn that this company offers services for operations in the Forex financial market in the UK. In addition, Digital Investiocoin Group provides services for financial transactions.
We analyzed the Digital Investiocoin Group website, got acquainted with the working conditions, tried to get at least demo access to the services, studied the availability of official papers, the place of registration of the organization.
With the help of the information received, we will find out: Is Digital Investiocoin Group a scam or not?
In addition, we will explain to you how not to get caught in the network of scammers, about their methods of action. We will give you all the information you need to keep your money safe.
Digital Investiocoin Group is based in an offshore country
The main call that says that digitalinvestio-fx.online are scammers is the country of registration. Documentally, the company is registered in the Marshall Islands, which is already suspicious, since the company operates in England. Offshore regions are popular with scammers due to the lack of laws and oversight.
In addition, this region does not have permissions for Forex activities.
Moreover, when our experts tried to identify the physical address, information about the owners and management of the Digital Investiocoin Group, they failed to reveal anything.
This already suggests that Digital Investiocoin Group is a fake online broker, working with which will result in significant financial losses.
No information found about the directors of Digital Investiocoin Group
Having studied the official website, our employees could not find true information about the management of the Digital Investiocoin Group organization. No legal address, no telephone or other methods to get in touch.
Most likely, this means that the actual owners are trying to hide information about themselves in order to elude the answer for the crimes. Even if you manage to catch one of the employees of the Digital Investiocoin Group, then this will all end, and the actual leaders of the shadow company will remain at large.
Digital Investiocoin Group, website - digitalinvestio-fx.online, works less than 30 days
The digitalinvestio-fx.online website speaks of significant experience in the Forex market.
The main method of checking a site is to obtain data about its domain name. Usually, they contain the age of the domain name, information for the connection of its owner.
In our case, the domain name digitalinvestio-fx.online exists for less than 30 days, and information about the legal entity that owns it is hidden. Another proof that the management of the Digital Investiocoin Group is trying to maintain its anonymity.
Such a desire can be understood, but not when it comes to a company acting as an intermediary between the user and the Forex market.
In addition to this, digitalinvestio-fx.online themselves assure their clients that they have been working effectively on Forex for a long time.
Digitalinvestio-fx.online has no demo period
It is a common practice for Internet brokers to provide users with a test version of their software so that they can familiarize themselves with the interface, try their hand at playing Forex with fake money.
Unfortunately, on the digitalinvestio-fx.online website, we did not find data on the test period, the opportunity to try out the software.
We think that the organizers of the company digitalinvestio-fx.online simply do not plan to provide traders with demo access to a paid service, since one of them is able to suspect a scam.
Internet broker digitalinvestio-fx.online operates with a negative score
Registered companies that operate on Forex do not use a negative account in their work. By law, a broker user cannot spend more than what is currently on the account. In cases where the account still goes into negative territory, the debt will be repaid not by the trader, but by the organization that offered the services.
Therefore, official brokers do not use a negative balance in their activities.
Nevertheless, digitalinvestio-fx.online offers its clients Forex operations with a negative account, that is, on credit.
Why is this needed?
To drive the client into debt and pay off the debt from him. This is one of the most popular methods of deception used by scammers.
In the event that this happens, you need to know that scammers have no way to recover investments under UK law. Absolutely all methods of pressure on traders are criminal. The maximum that bandits can do is call, send messages with threats.
You cannot cooperate with digitalinvestio-fx.online, as all attempts to reach an agreement will result in new losses.
Digital Investiocoin Group operate with a leverage of 1 to four hundred or more
Already, it is clear that Digital Investiocoin Group are scammers. Nevertheless, let us point out another fact, namely the presence of an extremely large credit leverage.
Leverage is the ratio of money between traders and brokers at the conclusion of a trading operation. Leverage allows you to close significant trades for clients who do not have large amounts on hand.
In order to protect traders in the Forex market, in developed countries, current laws require the use of leverage with the highest ratio of 1 to 30, in rare cases fifty.
At the same time, Digital Investiocoin Group uses a leverage of one to four hundred for Forex trading.
This relationship is legalized in Switzerland, as companies registered in this country 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 a credit ratio, due to the high risk to users. Accordingly, this is done only in order to force the trader to invest as much money as possible, but also to drive him into loans.
Local divisions of Digital Investiocoin Group
It is considered prestigious for every organization to have local branches in developed countries, even if the work is carried out exclusively in Britain. So Digital Investiocoin Group says that in addition to many awards, they have regional offices in England, Australia and other civilized countries, and in addition about a large number of experienced workers.
Checking the reality of these offices is elementary. Since there are specialized organizations that control the work of brokers. In Britain it is FCA, and for example Australia it is ASIC.
Because of this, the official firm is required to have supporting papers from these or other organizations that prove their ability to provide Forex trading services, determine the degree of responsibility.
However, after checking specialized sites, we did not find them. This once again reinforces the fears.
To register on digitalinvestio-fx.online, you need to transfer personal data
As we mentioned earlier, Digital Investiocoin Group does not have a demo period and because of this, in order to gain access, you must immediately transfer the minimum deposit to Digital Investiocoin Group criminals. Also, access to the digitalinvestio-fx.online personal account is possible only upon completion of the client's confirmation.
This means that the Digital Investiocoin Group requires its users to provide information such as:
- Information about an individual (passport, etc.);
- Data on the permanent place of residence (payments for a communal apartment);
- Information about the place of work, qualifications, experience.
Also, with the initial payment, criminals are able to access bank card data.
Together, this data can allow scammers to make a loan to a gullible client, or to carry out other shady operations.
Since registration on the digitalinvestio-fx.online website requires the transfer of your confidential information, our employees did not get access to the Digital Investiocoin Group personal account and Forex trading programs.
Reviews on Digital Investiocoin Group
An important point of exposing the Digital Investiocoin Group is the study of traders' reviews.
A detailed analysis of the search results on the Internet gave us the following information:
- Most of the reviews and mentions of Digital Investiocoin Group on the network are fake. These are the same type of positive reviews and comments of a paid nature;
- All real references to Digital Investiocoin Group are negative. Our employees could not identify reliable references from former users of digitalinvestio-fx.online, which would mention income, performance.
- Bad mentions and comments are caused by illegal activities, investment theft, ad hoc debt creation.
Because of this, reviews of Digital Investiocoin Group suggest that this online broker is a scam.
Contact information and papers Digital Investiocoin Group
Studying the information on digitalinvestio-fx.online, our specialists have identified many dubious digital official documents that can be easily made using a graphic editor. They are not confirmed by official organizations, which means they cannot be trusted.
If an online broker is not associated with regulatory firms, then its traders simply have nowhere to turn for help.
On the "Contacts" page, we saw a phone number. It turned out that it had already been used by an illegal Internet 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 a Forex broker? Make sure that you can take away investments from him.
After analyzing the client agreement on the official website of the Digital Investiocoin Group, we did not see specific information on how to withdraw the money earned. In addition, our experts identified the mention of fees for account inactivity, but did not find information about the size. Since the bandits do not operate in the official field, it will not be possible to cancel these fines.
Therefore, even if the user has completed work with the Digital Investiocoin Group, he may be disturbed by calls and write letters demanding to pay a fine.
How does Digital Investiocoin Group work?
The method of searching for new users, which Digital Investiocoin Group uses, is also alarming.
For advertising, false social media accounts are used, in which fake bloggers spread information about how they instantly managed to make a profit by trading in the Forex financial market with the help of Digital Investiocoin Group.
Non-existent people flaunt expensive cars and houses, vacations in resorts, and other signs of a wealthy life.
Fakes promise fast earnings, for which you do not need to study or put in a lot of effort.
When a potential trader comes into contact with scammers, Digital Investiocoin Group employees report the possibility of a quick profit, and in addition, some unique abilities of their programs, which will make it possible to instantly receive a serious profit.
After that, various tricks go into work, making it possible to get the maximum finance from the client. For example, you may be given fake profits to inspire you to give away even more deposits.
When the work on Forex turns out to be in the red, the personal manager will recommend transferring even more to cover the negative.
Managers of the Digital Investiocoin Group work according to the methods created by experienced manipulators. Fraudsters study client data in order to put pressure on weak points and get more deposits.
As a result, everything will come to one of two results:
- When you are about to get finance before you get into debt, you will be fined, banned from using the account, and will do anything to get you to transfer more;
- If you let the gangsters drive the account into a loan, there will be threats, the gangsters will start extorting to pay off the fake loan.
Another method to earn income for the Digital Investiocoin Group can be the transfer of your confidential information to third-party companies. Probably, as a result, it is really possible to get comprehensive information about you for a modest amount on an anonymous Telegram channel on the dark web.
Most likely, as a result of this, all kinds of scammers, managers, etc. will spam you more often. It is also worth waiting for calls from digitalinvestio-fx.online colleagues who will offer to “receive” the lost money, of course for payment.
Since the Digital Investiocoin Group does not operate in the legal field and preserves anonymity, they cannot be forced to answer according to the law in the UK. The heads of the criminal company are skillfully hiding and, at best, the legitimate authorities will be able to figure out one of the "managers".
Should I trust Digital Investiocoin Group?
If you plan to transfer finances to criminals, then transfer them to a good cause.
Let's briefly voice the evidence that Digital Investiocoin Group are criminals:
- Lack of official registration;
- No test period;
- Lack of information about the owners of the company;
- The phone number is seen in fraudulent transactions;
- Negative score;
- Credit ratio more than one to fifty;
- Negative reviews;
- Invalid data on the website.
Detailed review of Digital Investiocoin Group - completed. It is clear that Digital Investiocoin Group are scammers.
We have compiled a list of brokers, that we recommend avoiding.