Invest Union LTD is a fraudulent online trading website. Legitimate companies post their owner, license number, and other relevant details on the main page. With Invest Union LTD, you won’t find any of these. There’s a generic support email and a UK phone number that can’t be reached.
Read our Invest Union LTD review to find out more.
| Broker status: | Unregulated Broker |
| Regulated by: | Unlicensed Scam Brokerage |
| Scammers Websites: | invesunionltd.com |
| Blacklisted as a Scam by: | CONSOB, FSMA, FI |
| Owned by: | N/A |
| Headquarters Country: | N/A |
| Foundation year: | N/A |
| Supported Platforms: | WebTrader |
| Minimum Deposit: | 250 EUR |
| Cryptocurrencies: | Available |
| Types of Assets: | FX, commodities, indices, shares, cryptocurrencies |
| Maximum Leverage: | 1:300 |
| Free Demo Account: | No |
| Accepts US clients: | Yes |
What About Invest Union LTD Regulation?
Invest Union LTD is an anonymous brand. There is no official owner behind the scenes and no headquarters. Even the Terms and Conditions don’t give these details or anything about the governing law. The Italian regulator CONSOB related this scheme firm to UBSblockchains, a fraudulent payment service provider.
All this indicates that Invest Union LTD is just another cyber-fraud to avoid.
Why Is It Important For A Broker To Be Licensed?
Brokers have to be licensed so that they would ensure funds’ safety. If a company is regulated by a Tier1 license provider, such as FCA, ASIC, or BaFin, there is a compensation fund. In case of any issues, the regulator can quickly reimburse you.
With Invest Union LTD, there are no guarantees whatsoever.
Also, we recommend you not to invest in the fraudulent brokers Clearpoint Fin, AreaTrading and Crypto Lloyds.
So Is Invest Union LTD A Decent Broker Or A Scam?
Invest Union Ltd is a fraudulent brokerage. The company has been blacklisted in Italy, Belgium, and Estonia and marked a scam
Invest Union LTD Warnings From Financial Regulators
Invest Union LTD has been warned by Italian regulator CONSOB. Since the broker’s website is in Italian, it seems that this country is the main target, so no wonder that CONSOB was the first to notice fraudulent activities.
After CONSOB, the same warning was issued in Belgium.
And Estonia.
Traders Reviews of Invest Union LTD
The company has been rated poor on Trustpilot, scoring 2.3 stars. The majority of customers complain that once they invested funds, these funds were trapped, and they couldn’t get a withdrawal, no matter what they did. Be wary, and don’t invest a penny in this online scam.
What Platforms Does Invest Union LTD Offer? – Available Trade Software
Invest Union LTD offers a similar WebTrader to many other fraudulent firms. There’s nothing special about it, including no tools like EAs and social trading.
If you decide to start investing, we advise you to find a legitimate investment firm with platforms such as MT4 or MT5. We won’t exaggerate if we say that this software is about a hundred times better and safer for you.
All About Invest Union LTD Accounts
Invest Union LTD offers 3 account types.
Accounts differ in leverage, spread, and some perks, such as a dedicated account manager.
Invest Union LTD Broker – Countries Of Service
Invest Union LTD trading scam is mainly active in:
- Italy
- US
- UK
- Turkey
- Belgium
- Germany
Also remember the names of the Investing Dream, ZuluTrade and Warden VC trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
Invest Union LTD Range of Trading Instruments & Markets
Invest Union LTD offers investing in all 5 major markets, including:
- Forex
- Commodities
- Indices
- Shares
- Cryptocurrencies
While this offer may look solid, note that investing money with an unregulated scheme broker is not recommended.
Invest Union LTD Minimum Deposit
Invest Union LTD requires a pretty standard initial deposit of 250 EUR. However, the company has no regulations, and every penny you invest is at risk. Instead of trying and losing with a fraudulent scheme, invest your funds with a regulated firm. Many of them offer Micro accounts starting with as low as $10. Far safer and far better for any trader.
Bonus Policy Details
This broker has a typical scam Bonus Policy. Without specifying anything, the company indirectly signifies that you won’t be able to make a withdrawal since there’s a clause stating: “Unless otherwise explicitly agreed, Non-Deposited Funds are not available for Withdrawal/Refund.” Thus, profits made from these funds are not withdrawable either. And proving how much you made of your own funds and how much of a bonus is pretty hard.
Invest Union LTD Unfavorable Trading Conditions
Since this company is not obligated to follow regulatory rules, it determines its own trading conditions.
High Leverage and Spread
While the UK and EU regulators have a limit of 1:30 for the Forex market, Invest Union LTD enables leverage of up to 1:300. This means that your funds are at 10 times higher risk. The spread starts from 1.3 pips, which is pretty much a standard but comes with high commissions.
Invest Union LTD Deposit, Withdrawal Methods, and Fees
The company accepts credit cards and wire transfers, but safer payment methods such as PayPal are not enabled. Besides, the Withdrawal Policy indicates that you’ll have to pay a fee of 50 units for wire transfers and 25 units for credit card withdrawals. Too high and too unnecessary.
Benefits Of Paying With Visa And MasterCard Credit Cards
If you’re using your credit card to deposit, you’re entitled to a chargeback within up to 540 days since the transaction occurred. That’s why we always advise this as a preferred payment method.
Scammed by Invest Union LTD Broker? – Let Us Hear Your Story
If you were scammed by Invest Union LTD broker, let us know. Our chargeback specialists may be able to assist with a refund procedure.
But What Is A Chargeback?
This is one of the ways to recover your funds directly from the merchant. Contact us via online chat to book a free consultation and get more details about recovering your funds. Let’s start now!