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When choosing a financial partner, experienced traders recommend paying attention to reviews of real clients, trading conditions and legal documents. However, scammers such as 10proinvest act in asmart way – they hide information. There is no public access on this platform, and you can register only with a promotional code. In our article, we will explain why users should not trust their money to 10proinvest.
Site analysis
If you open 10proinvest.com, you will see an empty form that requires a promo code. Without this, account registration is not possible. This is a normal practice for many fraudulent brokers who are not interested in honest cooperation. Real financial companies try to disclose information about themselves as much as possible. As a rule, there are statistics, names of top managers, contact details, a road map.
A domain check showed that 10proinvest.com went live in 2020, but there has been no activity until recently. The last platform update was in March 2022. Presumably, the fraudulent broker has been operating since that time. Real customers have not yet had time to publish reviews about this company. For 10proinvest, this situation is beneficial, because nothing prevents scammers from defrauding investors.
In reviews on other sites, there is information that 10proinvest is registered and licensed in Canada. The register of legal entities in this country is open to the public, so we double-checked the information. It turned out that 10proinvest is not in the CSA registry.
A similar situation is with obtaining a license. Recall that in Canada, the activities of financial companies are controlled by IIROC. The regulator has issued licenses to 170+ brokers, but 10proinvest is not among them.
The fraudulent organization illegally cooperates with investors and engages in financial extortion with impunity.
What does the scam broker promise?
There is information on the 10proinvest platform that the broker provides services to thousands of traders from various countries. In particular, the company announces cooperation with residents of the UK, Canada, Luxembourg, Belgium and other jurisdictions. If the financial partner was really popular, there would be reviews about the company. However, there is no feedback.
The broker promises access to Forex currency pairs, indices, stocks and other assets. After registration, you can open a demo account and practice trading with virtual dollars. There is no technical description of the terminal on the site. Most likely, this is controlled software, so scammers can create the illusion of profitable transactions. The trader will decide that it is time to invest money and will open a real account. That’s what scammers want. Basic trading conditions:
- the minimum deposit is 250 USD;
- spreads from 0;
- support 24/7;
- maximum leverage – up to 1:100;
- training for beginners;
- analytical tools;
- to deposit/withdraw money, you can use cards (debit, credit), cryptocurrency payments, bank transfers;
- bonuses for replenishment of the deposit account.
We did not find any reviews confirming the payment discipline on the 10proinvest platform. The company does not provide information about commission costs, payment regulations.
Feedback from investors
The fraudulent organization 10proinvest operates very little, so reviews about it have not yet appeared. Beware of fraud! If you want to tell interesting facts about this scam project or share your personal opinion, leave feedback on our website.
Scam Algorithm
10proinvest takes advantage of the naivety and gullibility of traders. Each newcomer is forced to use the services of a personal manager. According to legend, a company specialist should help in increasing the deposit. However, in fact, he works solely in the interests of the scam project. The swindler will give false recommendations. The trader risks losing all savings. 10proinvest will not give you a single chance to make a profit!
Summing up
10proinvest is a fraudulent broker that provides services illegally! It is dangerous to cooperate with this company, it does not plan to trade honestly and fulfill its agreements. Do not invest your money here, you risk being left with an empty wallet. It’s a scam!