InvestMib Review

Is InvestMib Scam or Legit Broker?

InvestMib is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade InvestMib. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.

• The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no guarantee from the official entities that oversee the Forex industry. Thus the engagement in trading with such a company means the trader will believe only in the broker’s words, and of course, it is a high risk.

What is InvestMib?

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.

InvestMib Review Conclusion

We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and Pepperstone.

InvestMib Update

Our research showed that InvestMib is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.