File a Complaint Against
Know Your Options and Recover Your Funds
Caution Investors Secure InvestNest – Unlicensed Trading Platform – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Secure InvestNest is a website that claims to offer investment services and products to its clients. The website promises high returns on various assets, such as forex, stocks, commodities, and cryptocurrencies. However, there are many red flags that suggest that Secure InvestNest is not a trustworthy or reliable platform. In fact, the Malta Financial Services Authority (MFSA) has issued a warning against Secure InvestNest, stating that it is neither registered nor licensed in Malta and that it is likely to be a fraudulent scheme.
Regulation and Compliance: MFSA Issues Warning
One of the most important factors to consider when choosing an investment platform is whether it is regulated and compliant with the relevant laws and regulations. This ensures that the platform operates in a transparent and fair manner and that it protects the interests and rights of its clients. Moreover, regulation and compliance also provide a level of security and assurance for the clients in case of any disputes or problems with the platform.
However, Secure InvestNest does not seem to have any regulation or compliance whatsoever. According to the MFSA, Secure InvestNest is not a Maltese registered company, nor is it licensed or authorized by the MFSA to provide any investment services or other financial services in Malta. Furthermore, the MFSA warns that Secure InvestNest is likely to be a scheme of dubious nature with a high risk of loss of money. Therefore, the MFSA advises the public to refrain from entering into any transactions or dealings with Secure InvestNest on any matters related to the Investment Services Act.
Another way to assess the credibility and reputation of an investment platform is to look at the customer reviews and feedback. This can give an insight into the quality and performance of the platform, as well as the satisfaction and experience of its clients. However, Secure InvestNest does not have any genuine or positive customer reviews online. On the contrary, there are many complaints and negative reviews from people who claim to have been scammed by Secure InvestNest. Some of the common issues reported by these customers include:
– Difficulty in withdrawing their funds or closing their accounts
– Pressure and harassment from the platform’s agents to deposit more money
– False or misleading information about the platform’s products and services
– Poor or non-existent customer service and support
– Loss of their entire investment or savings
Products and Services:
Secure InvestNest claims to offer a variety of investment products and services to its clients. These include:
– Forex trading: The platform claims to offer access to over 200 currency pairs, with low spreads and high leverage.
– Stocks trading: The platform claims to offer access to over 10,000 stocks from global markets, with low commissions and high dividends.
– Commodities trading: The platform claims to offer access to over 100 commodities, such as gold, oil, natural gas, coffee, sugar, etc., with low fees and high margins.
– Cryptocurrencies trading: The platform claims to offer access to over 50 cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, Ripple, etc., with low spreads and high volatility.
– Investment plans: The platform claims to offer various investment plans with different levels of risk and return, ranging from 10% to 50% per month.
However, these claims are not backed by any evidence or proof. There is no information about how the platform operates, what strategies it uses, what risks it entails, or what guarantees it provides. Moreover, there is no transparency or accountability about how the platform handles its clients’ funds, data, or privacy. Therefore, there is no way to verify or trust the claims made by Secure InvestNest.
Secure InvestNest does not disclose its physical location or address on its website. This makes it difficult to trace or contact the platform in case of any issues or disputes. Moreover, this also raises questions about the jurisdiction and legal status of the platform. According to its terms and conditions, Secure InvestNest states that it is governed by the laws of St. Vincent and Grenadines. However, this is a known offshore jurisdiction that has lax regulations and oversight for financial activities. Therefore, this also implies that Secure InvestNest does not comply with any international standards or norms for financial services.
Secure InvestNest does not provide any reliable or effective customer service or support to its clients. The only way to contact the platform is through an email address or a phone number provided on its website. However, many customers have reported that they either receive no response or a rude and unprofessional response from the platform’s agents. Moreover, some customers have also reported that they have been blocked or ignored by the platform after requesting a withdrawal or raising a complaint.
Based on the above analysis, it is clear that Secure InvestNest is not a legitimate or trustworthy investment platform. It is most likely a scam that aims to lure unsuspecting customers with false promises and unrealistic returns, and then steal their money and personal information. Therefore, we strongly advise our readers to avoid Secure InvestNest at all costs and to report any suspicious or fraudulent activities to the relevant authorities.