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Why is INVOFW a scam?

Started by Admin, Mar 30, 2023, 05:36 PM

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Topic keywords [SEO] scammersreviewsINVOFW

Admin

We will examine all of the main criteria that a white broker must meet and at the same time see if INVOFW meets these parameters.

Regulation. A serious broker is obliged to report to a recognized authority in the region in which the broker operates. This ensures that they follow strict organisational guidelines and schemes to safeguard their investors' money. The main reason why brokerage firms need to be supervised is to protect traders. Supervisory authorities establish procedures and guidelines to which brokerage firms must adhere, such as reporting requirements, adequacy of financial resources and adherence to specified requirements. These controls provide an opportunity to prevent criminal acts, unfair practices and criminal behaviour which could lead to the loss of traders' money.
INVOFW is not regulated by anyone.

Trading platform INVOFW


On top of that, it is important for any broker to have an advanced trading platform, as the platform is the main tool used by investors to access the financial markets and make transactions. A useful brokerage platform must be user-friendly, reliable and provide a range of features which enable investors to analyse markets, manage their own assets and complete transactions quickly and efficiently.

Here are a couple of reasons why a quality trading platform is important for a trader:

User experience. A good trading platform should provide a user-friendly and subconsciously clear user interface. Investors should be able to easily navigate the platform and access the information they need. An unprofessionally made platform with bugs and technical problems can cause investors to lose money, which can tarnish the reputation of the brokerage firm.

Why is regulation necessary and if INVOFW has no regulation, is it risky to work with them? Regulation of brokers also provides an opportunity to keep the market calm. Brokers are an integral part of the stock market system and of any other market, and their operation can have a significant effect on the market as a whole. By regulating the functioning of brokerage firms, supervisory institutions can ensure the integrity and transparency of the market that traders need to ensure peace of mind.

In addition, supervisory institutions are introducing strict anti-money laundering (AML) and counter-terrorist financing (CTF) rules that brokers must comply with. These rules require brokerage firms to verify their clients' documents, report suspicious activity and maintain transaction histories. By enforcing these rules, regulatory institutions can prevent criminal activity and protect the integrity of the financial system. You have to admit, it would not be very cool if you invest through INVOFW or any other broker and find out that they are involved in such activities.

Regulation of brokers also ensures legal and transparent trading. Regulatory bodies set standards to ensure that brokers execute trades for the benefit of their investors and do not engage in illegal activities such as outperformance trading, insider trading or market manipulation.

Regulated brokers give traders confidence and peace of mind that their instruments are being managed competently. Investors can have peace of mind that their broker is acting in accordance with regulations and that in the event of any dispute they will have the option of going to court. Nothing is known about the competence of the experts of the forex broker INVOFW and there is no reason to believe that they are qualified, because they have not been tested.