InvestBY Broker Review

InvestBY Broker Review – What’s Wrong With InvestBY.com Company?

Even though InvestBY managed to get a questionable regulation and tries to convince us that it’s a legitimate company, traders have a very different view.

We invite you to read our recently updated scam broker reviews for InstaForex, NovaTechFX, and ViaMarketsGo before reading our honest InvestBY review. With them, your funds are at risk!

1. Broker Status: European broker with a license
2. Regulation: NBRB (Belarus)
3. Websites used by scammers: InvestBY.com
4. Operational Status: Alleged forex trading scam
5. Scam listed by: N/A
6. Owner of the broker: TechFX LLC
7. Country of headquarters: Belarus
8. Year of foundation: 2021
9. Trading platforms: MT4, WebTrader
10. Trade on the go: Available
11. Deposit Minimum: N/A
12. Bonus for broker deposits: 50%
13. More than 30+ crypto assets: Bitcoin, Ether, XRP.
14. Assets for trading: Cryptos, Forex, Commodities, Indices, Shares.
15. Leverage maximum:1:500
16. Islam Accounts: Available
17. Demo Accounts: No, only live trading accounts are available
18. US traders are not accepted: US traders are not accepted.
19. Fraud Protection Experts’ Verdict: Avoid this scam broker!

Is InvestBY Safe And Regulated? – The Importance Of Regulation

A brokerage’s regulation is one of the most important things to consider. However, merely having regulation isn’t enough. This license should ideally be issued by a Tier 1 regulator such as FCA, ASIC, BaFin, etc. In response to the question, we can say the NBRB licenses InvestBY. 

Questions About InvestBY License – Reputation Problems

The National Bank of the Republic of Belarus regulates InvestBY, which TechFX LLC, registered in Belarus own. It is unfair to compare this authority body with Tier1 license providers. 

InvestBY regulation is also irrelevant since the broker has a terrible reputation among traders.

In the same way, you cannot trust Capital Swiss, LMAX, or Glare Markets, and you cannot trust this trading scam with your funds.

InvestBY Reviews – Trading Opportunity or Forex Scam?

Many people ask if they can make money with InvestBY forex brokerage. The answer is no. In addition to lousy regulation, the broker has severe withdrawal problems. If you want to withdraw your funds, you will be humiliated, poorly advised, and lose your money, according to InvestBY reviews.

A few clients reported that broker’s account managers told them they would never receive their funds back and did not even bother to explain basic trading procedures to newcomers. InvestBY appears to be more of a scam than an opportunity.

InvestBY Deposit Bonus – Welcome Bonus Scam

InvestBY offers a bonus and swap discount on each deposit, but it is expanding its program. There is no indication that you will have to limit withdrawals until you reach a specific rollover, which is usually impossible without additional investments from you.

Additionally, this is classic trap scammers use to prevent inexperienced clients from ever recovering their funds. Report this trading fraud immediately if you don’t want to fall prey to it.

What To Do If You Fall For An InvestBY Scam? – File A Complaint!

InvestBY scammed you? Let us know. You can file a complaint and get a chargeback with our help. Global Fraud Protection decided to assist the victims in response to numerous complaints about the broker.

Using our online chat service, schedule your free consultation, and let’s get your money back!