InvestTeck Review
Reason to avoid: No license
Listed Date: July 15, 2019
Top 3 Forex Brokers
Beware InvestTeck is a Non-Regulated broker. It is NOT SAFE to trade.
- Our Review
- InvestTeck User Reviews
- InvestTeck News
Is InvestTeck Scam or Legit Broker?
It is not safe to trade with InvestTeck, because it is an unregulated broker. Besides, the company has been suspected to be a fraud. We checked the company and found that 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 InvestTeck
| 🗺️ Registered in | Estonia |
| 🗺️ Type of License | No License |
| 🛡️ Is InvestTeck safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is InvestTeck?
InvestTeck is owned by GreenRiver OU and claims to be located in Dublin, Ireland. According to the website, InvestTeck is a world-renowned financial services provider offering a range of investment products, including Online Trading and FX. However, the company doesn't provide any information about its regulation, and also the reputation of the owner-company is quite questionable.
- As stated, InvestTeck is owned and operated by GreenRiver OU, with a registered address in Tallinn, Estonia. GreenRiver OU operates some other brokers that we have previously reviewed (GCC Investing, Jones Mutual) and has been blacklisted in Estonia by its local regulator Estonian Financial Supervisory Authority, and also banned in Australia by the Australian Securities and Investments Commission. Obviously, all the brokers associated with the GreenRiver OU should be avoided.
- We have heard brokers operated by GreenRiver OU deny traders withdrawing funds. We have feedback from traders that they cannot withdraw money.
InvestTeck Review Conclusion
We advise all investors and traders to avoid InvestTeck and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and Alpari (Read FXTM Review and Alpari Review).
InvestTeck Update
Recently InvestTeck website remains inactive and unavailable to reach, meaning the broker mutes its trading offering and does not propose account openings. However, we still advise the traders to be alert and careful, in case they receive trading proposals.
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How can I get my money back?
I have an account but I do not know how to manage it.
BEWARE….they are a bunch if thieves….very quick to call to get your money and documents to “get you started” and doesn’t call when scheduled. Requested a refund since April 2019 after SEVERAL escalations, nothing
InvestTeck.net is a FAKE, is a FRAUD and they are stealing money from honest people. People in touch with you try to manipulate you by asking a lot of questions to learn about the level of your money in banks. They ask a lot of question and when you ask annoying questions, they do not answer they go in another direction to divert your attention to the requested question. Transfer of your money to them will always be ok but the other way will not be possible. Please read this carefully if you are in touch with such organization. I opened an account in May 2019 via Jubiter as their advertisement pretend you can open an account from 250 euros and start to trade.
Jubiter is making business on Bitcoin currencies. Once you have transferred your money to Jubiter for InvestTeck, there is no more link between InvestTeck and Jubiter and people contacting you does not tell you anything about it. I requested to receive the details of the location of my money, IBAN number …. And never received any answer.
With your account open with 250 euros, you cannot receive any help unless you had a lot of money, traders are contacting you and the trader tells you “you have to understand I am not going to spend time with you for 250 euros. I am paid on commissions and 250 euros is nothing for me. If you transfer at least 5000 euros, I can begin to deal with you but this is a gift I do for you. You have to understand my other customers have invested several thousands of dollars and I do that for you. Once I demonstrate you the gain I can do, it will be great if you can add some more funds on your account and you will see how big your investment can provide you as return”.
That seems great at first glow but the point is: this is impossible to recover your money when they own it. I always told InvestTeck, if your tool is working well, the amount of 250 euros will grow fast and exponentially but it does not interest them as they want to receive fresh money, they do not care of your return as they keep the money afterwards. They attract people and if you begin to transfer money for instance 5000 euros and they tell you? I made a benefit of 1000 euros and if you ask can I have it, they will argue and tell, invest more and like that your return will be more important. If you add 5000 euros more. Next month, I can give you back 50 % of the return. Meaning, on 10 000 euros you gave them, you will receive back something around 500 euros as an appeal to show you the benefit they made with your 10 000 euros in one month. This will be another opportunity for them to ask you. You see if you give me more, this is not 500 euros you will receive next month but maybe 1000 euros but you will invest a lot of money.
For my case, I always refused to add more money because I want to grow the 250 euros progressively and than begins the dance. I have been contacted by 3 different persons (Joseph Smith, Dan Miller and Sean Richards) all expert traders. When I told them I was discussing with blablabla they were telling me. The person left or change of role,… blablabla.
On 2019 December 16, I decided to close my account and recover my money (a small amount) but since that time, we are January 10, 2020, this is impossible, no answer and no money. When you want to retrieve money, this is with the customer service (Ashley Morgan) but she tells you that your trader must confirm/approve your request. Meaning your money is not yours anymore and if the trader accepts your request you can have it.
The reason is simple: your money is not going to a bank, you do not control your money at all, InvestTeck cannot tell you where your money is located as this is a fake but they received your money.
I am shattered.I was promised so much and now I can’t withdraw funds. Is anyone following this up.
How can I refund my Money. Is there a serious Company dealing with this
Under the same registered company GreenRiver OU, is jonesmutual.com, with whom I have invested and not received the services I requested for and the promises given by their brokers, thus I was misled by their misrepresentation and was not able to withdraw any single cent. Please be careful with companies associated with GreenRiver OU.