logo |

News

    Home   >     Industry    >     Main body

    Is INVESTMENT MANAGEMENT Trusted Broker?

    Abstract:The New Zealand FSPR regulatory license (license number: 591349) claimed by this broker INVESTMENT MANAGEMENT is a suspicious clone, please be aware of the risk!

      “Total trade volume over 15 million”, “about 380,000 users worldwide”, “registered with the Financial Service Provider (FSP)”... INVESTMENT MANAGEMENT seems to be a good choice for trading, BUT...lets finish this story before you open an account with this New Zealand broker.

    1.png

      INVESTMENT MANAGEMENTs website

      Investors Narration

      My relatives and friends and I wanted to trade forex, so we started searching for a good teacher willing to offer trading indicators. One of my relatives added a girl and started chatting about trade. The girl told him that she was trading with a very good teacher named Zeng Lingwei. She gave him the teachers contact number. After a call, my relative was told to invest on the platform INVESTMENT MANAGEMENT.

    2.png

      The teachers phone number

      My relative first started out depositing about $1000 with the teacher, but then his account was blown up. The teacher said that he would deposit into my relatives account and asked my relative to deposit some as well. Within a month, my relative had deposited many times, and finally, his account started growing. We started depositing on this platform as well.

    3-1.png

      Chat history with the teacher

    3-2.png

      Chat history with the teachers assistant

      Then the teacher said that he would charge a 50% commission on each transaction of new investors. Before signing this contract, my relative was asked to deposit a large sum of money.

      My relative grew his account to over $300,000 and then asked for a withdrawal. But the platform told him if he withdrew the fund, there would be a 10% withdrawal fee. The teacher introduced a man named Abdul Salam to assist my relative. At last, they reached an agreement that my relative deposited $10,000 into the account for management and free withdrawal. But when Abdul Salam got the money they BLOCKED my relative, me, and all the others.

    4.png

      Trading account balance

      Broker Review

      As per investigation, the score of INVESTMENT MANAGEMENT is only 1.00 on the WikiFX APP. According to the latest risk warning, this broker currently has no valid regulatory information. The New Zealand FSPR regulatory license (license number: 591349) claimed by this broker is a suspicious clone, please be aware of the risk!

    5-1.png

      FSPR regulatory license claimed by this broker is a suspicious clone

    5-2.png

      The score of INVESTMENT MANAGEMENT is only 1.00 on the WikiFX

      As a leading forex media, WikiFX offers detailed profiles of over 25,000 forex brokers, which are all compiled from objective data of authoritative sources. Investors have free access to look up all forex brokers included in the App. WikiFX also offers a scam exposure channel to protect investors fundy. For more information, please visit our website https://bit.ly/wikifxIN. Meanwhile you can send your queries to our official e-mail at wikifxindia@gmail.com.

    Latest News

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.