Is it a scam?
Hey there,
Thanks for your message. I’ve looked into Investi-Ray , and although their website may seem polished, there are several concerning red flags that suggest it’s a scam .
- First of all, Investi-Ray is not registered with any recognized financial regulatory body, exposing investors to significant risks. Legit brokerages are usually regulated by at least one top-tier regulator like the FCA (Financial Conduct Authority) in the UK or the SEC (Securities and Exchange Commission) in the US.
- Secondly, the company lacks transparency. There’s no clear information about the legal entity behind the broker, no names or credentials of the people running it, and no way to verify their claims of legitimacy. This kind of anonymity is a major red flag for any financial institution.
- Additionally, the website does not provide any detailed information about trading or non-trading related fees, which is unusual. Reputable brokers are transparent about costs and fees, ensuring clients know what to expect before signing up.
- Lastly, Investi-Ray has been flagged on the CNMV’s (Spain’s financial regulator) warning list, which indicates it’s being operated without proper authorization. Being on such a list is a strong signal that the broker is not legitimate and may be involved in fraudulent activities.
Given all of these factors, please do not use Investi-Ray or send them any money.
Let me know if you have any further questions.
Best regards,
Andris