InvestMib Review

Is InvestMib a scam or a legit broker?

InvestMib is 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 any guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.

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.

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.

Yet, it is always great to hear your personal opinion about InvestMib. So you may share your experience or thoughts or discuss them below or ask us for additional information.