Investing FM is a brokerage run from an offshore location. It shares address with suspected scam brokerages. On the page it is at Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, Saint Vincent and the Grenadines.
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Several warning have been give regarding brokers that are in places where there is no regulatory body. It tries to lure clients by providing them with 250 trading instruments and more. Investing FM also claims to trade on up to 60 currency pairs and offers CFDs on several options.
Investing FM Trading Platform
Investing FM promises clients, the use of the popular MT4 trading platform. Traders are promised that the software runs the most used platform to entice them. It even offers them a demo account.to play smart, when the demo account is chosen a pip spread under 1 is shown. The leverage it promises is even fishy, as we see that InvestingFM offers 400:1 leverage.
However, investigation have proven that the demo accounts results shown are not provided by Investing FM. Rather, they are by a third party. This means that the broker is using the information of another brokerage as its own. It will differ from hat they would see after they must have paid for a live account.
Deposit and Withdrawal Methods
Investing FM claims that it accepts payments from Visa, MasterCard and Wire bank transfer. It does not mention e-Wallets and this may be because of the improved securities on these. The minimum deposit requirement is $2,000 and nothing is said about withdrawal fees.
This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.
Is Investing FM Licensed?
No. Investing FM does not hold a license; neither is it a registered broker. This means that misappropriation of funds or any other misconduct is not punishable for this broker. There is no authority watching to ensure that it plays by the fair rule of trade.
To contact the brokerage, send a mail to email@example.com
It is clear that it is unadvisable to invest in Investing FM because it is not licensed. Further, the minimum deposit is too high for a test run. Its demo account does not look legit and cannot be trusted. It is an offshore broker as well and the location has proven to be a hub for illegal activities.
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