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Is InvestCity Scam or Legit Broker?

It is not safe to trade with InvestCity, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

About InvestCity
🗺️ Registered inCyprus
🗺️ Type of LicenseCySEC License
🛡️ Is InvestCity safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is InvestCity?

InvestCity is a trading name of Instant Trading EU Ltd that operates under the authority of the Cyprus Securities and Exchange Commission (CySEC) with license number 266/15. The company claims its reliable foundation enables investment needs no matter what type of investor the client is, while there is an advanced offering with a wide selection of asset classes to trade and invest in. However, the broker registration number is also used in the operation of Insta Forex FX trading company and the ForexMart, which in fact was listed earlier in our Brokers to Avoid list.

  • Of course, it is not the crime and not the main concern that the license is the same, yet while the broker or investment firm operates under the same licenses many trading names there are many questions revealed. Most often it will mean that there are issues with the company's reputation, while the broker still tries to attract new clients or to start from “scratch” its fraud operation further on under new names.
  • In addition, the related companies to InvestCity received also a fine from the CySEC authority, for their lack of compliance with the necessary rules and obligations towards clients, as the company was detected to operate not in a client's interest. Unfortunately, these issues are not so rare within the Forex industry.

InvestCity Review

InvestCity Review Conclusion

We always advise trading only with reliable brokers that gained a reputation and deliver client protection or a favorable trading environment at all times. Because of the unregulated nature of  InvestCity, we recommend staying away from it and not risking your money. Thus we advise all investors to trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and HotForex.


InvestCity Update

Based on our research, the InvestCity website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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