• Company name: InvestMib Limited
  • Registration/license: Vanuatu
  • Registration/license requirement: USD 2,000

Is InvestMib a regulated forex broker or a scam?

No, InvestMib is not safe to trade with it. InvestMib is an unregulated broker. 

InvestMib is a Forex and CFD broker, owned and operated by the InvestMib Limited. The company claims to be based in Belfast, UK. Although, the firm is not licensed by UK’s FCA or another European regulator.

Instead, it is registered offshore in Vanuatu, according to the terms and conditions on the website. Dealing with a broker which has a Vanuatu license is risky as it only takes USD 2,000 to get one.

Comparing an STP license from the UK’s Financial Conduct Authority, that requires EUR 125,000 of capital aside from client deposits.

We always encourage traders to deal only with regulated brokers, as those operating without a proper forex broker license are most often frauds.

Besides, when investing with a licensed broker, trader guaranteed to get a protection of the funds. For example, UK regulator FCA provides a Financial Services Compensation Scheme. Check the FCA-licensed brokers here.

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