Beware InvestCity is Non reliable Broker. It is NOT SAFE to trade.

·         Company name: 

Instant Trading EU Ltd. InvestCity.

·         Registration Address/ License:

Cyprus. CySEC License – 266/15

InvestCity is a trading name of the 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 to enable investment needs with no matter what type of the investor the client is, while there is an advanced offering with a wide selection of asset classes to trade and invest. However, the broker registration number is also used in the operation of InstaForex FX trading company and the ForexMart, which at fact was listed earlier at our Brokers to Avoid list.

InvestCity Review

Of course, it is not the crime and not the main concert that the license is 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 reputation, while the broker still tries to attract new clients or to start from the “scratch” its fraud operation further on under the new names.

 

In addition, the related companies to InvestCity received also a fine from the CySEC authority, for their lack of compliance to 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. Therefore, we always advise trading only with the reliable brokers that gained a reputation and deliver the client protection or reliable trading environment at all times. The list of the best fore brokers can be checked out at our website while the useful information about the broker will help to choose the suitable one.

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