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Invcoin Hub (invcoinhub.com) is a crypto and forex investment platform that’s a fraud. Investors have lost patience with the platform. It’s after InvoinHub refused to allow members to withdraw funds. And this is the reason why we have to expose the platform. What we have is a platform that doesn’t stand a chance of offering legit crypto investment services. Please find out more in our detailed INVCOIN HUB REVIEW.
A Brief Overview of Invcoin Hub
According to their mission, Invcoin Hub wants to bring crypto trading to the masses. The platform claims to offer institutional-grade liquidity to investors. You also get a claim of providing a completely transparent and dark pool liquidity execution.
These are all false claims meant to drive investors into believing the platform. You need to know that such exit scams will do or say anything to make clients sign up. What we have is a classic crypto investment scam platform.
You need to be aware of the red flags so that you don’t fall for them. After looking at the platform, we immediately spotted some of the red flags. One of them is the same pop-up message of new sign-ups.
Ava and Emma are the names that pop up so many times on the platform. Liam is another name you will find popping up as a member who has subscribed to the platform. These are mere sales tactics to mislead investors.
If you come back three or four weeks later, you will still find the same names appearing. These are red flags that the platform has. You need to avoid platforms that use such sales tactics to lure naïve crypto investors.
Invcoin Hub doesn’t have any background or history that you can find. The platform is completely dark when it comes to the actual mission and objectives. And this is where we start exposing the problems found on invcoinhub.com.
Accounts and Plans Invcoin Hub
Invcoin Hub offers four investment plans for clients to choose from. These include Startup, Next level, Gold, and Diamond. Each of the plans comes with a distinctive feature that we must point out.
Let’s take a closer look at these accounts;
Start-Up
To start using the start-up account, the platform insists on a weekly minimum deposit of $150. And this means for the entire month, and you have to deposit $600. The account comes with a guaranteed 5.7 percent ROI.
Next Level
For the next-level account holder, there’s a minimum acceptable deposit of $305. The plan comes with a 6.57 percent ROI. Finally, there’s a maximum threshold for the funds you can deposit daily, $500.
Gold
With the gold account, the platform insists on a weekly deposit of $510. The account makes a promise of 7 percent ROI. You get 24/7 support with no features regarding crypto trading. It seems these are crypto investment scams.
Diamond
It’s the most exclusive account, with investors getting a guarantee of 7.9 percent ROI. The minimum weekly deposit is set at $1,100. You can deposit a maximum of $2,500 with the diamond investment plan.
All these plans come with a flaw. None of them make the ROI indicated on each account. No expert or robot trader can manage to reach such goals. Moreover, the market is volatile for any machine or man to make such quotes.
Are funds safe with Invcoin Hub?
Your funds are far from safe with a platform that fails to offer investors a real chance of trading. The platform does not provide insurance cover for deposits made by clients. You stand to lose your entire deposit immediately after you fund your account.
Assets and Trading Instruments
The platform also offers bonds, commodities, forex, indices, and stocks, apart from crypto trading. Members get to trade bonds such as the Euro bond, GE1, and FGBM1. Commodities found include those from the energy and manufacturing sectors.
Forex trading is the second most significant asset of Incoinhub.com. The platform offers major and minor currency pairs. From our count, we could see nearly ten major and minor pairs. That means there are over 20 pairs to trade with.
Leading indices to trade with include DAX Index, Dow Jones, FTSE, NASDAQ, and Nikkei. In addition, the platform avails international markets to help investors spread their risks. Unfortunately, we don’t have information on available leverage and spreads for these assets.
The stock exchange is another valuable trading spectrum. You get to trade leading stocks such as those from the FAANG group. Other notable stocks include those from Amazon, Samsung, and Tesla.
Awards and accolades
The platform gives the impression that it has won several accolades in the past. And this means we had to check whether the award ceremony did happen. The platform uses stock images that any person can download from the web.
If the platform did win these awards, their name would be engraved on them. Unfortunately, it’s not the case as we can’t even tell the award itself. These are attempts from the platform to make it appear legit in the eyes of investors.
Business Proprietor
Information on who owns or runs the platform remains unknown. The platform doesn’t have any information regarding the company or entity behind it. For example, we don’t know the names of the professional brokers who claim to be founding members.
And this makes Invcoin Hub an anonymous crypto investment platform. You should avoid anonymous investment platforms as best as you can. These platforms will likely exit soon, and there’s no way of contacting the owner for compensation.
Client Testimony
To try and make the platform appear successful, there’s a client testimonial section. Unfortunately, these are false testimony only found on the platform. We couldn’t see any positive comments on any independent website.
Even the people found on these comments are not seen on any social media platform such as Facebook. We also couldn’t find information on professional websites such as LinkedIn. It goes to show that there are non-existent clients on the platform.
Contact and support
When looking for a viable investment platform, you need to confirm whether the platform is fast at communicating. For example, the platform ought to respond quickly to emails without delay. Unfortunately, that’s not the case with invcoinhub.com.
You have to wait for days before getting any response from support. Those who have sent withdrawal requests from the platform wait for days. Some claim the platform didn’t bother with an answer.
Deposit and withdrawal channels
The platform ensures investors have received necessary information regarding deposits. You can deposit funds via several channels, including bank and wire transfers. The platform also allows crypto transfers where they direct users to a crypto exchange platform.
We don’t recommend anyone to deposit funds with InvoinHub. The platform doesn’t allow anyone to enjoy the fruits of their labor. Despite seeing profits rise in your account, the platform is hesitant to release funds.
License and Registration Invcoin Hub
Invcoin Hub is not licensed or registered crypto or forex investment firm. Despite claiming to reside in the UK, there’s no registration of such a platform. We checked with the Company House UK and couldn’t find the platform’s registry.
The Financial Conduct Authority is the body mandated to license such platforms. But, unfortunately, there’s no record of the platform’s license on the FCA’s official website. And this makes invcoinhub.com an anonymous and unregulated platform.
Our Verdict
There’s no way we would recommend anyone to sign up with an anonymous and unregulated crypto platform. So please stay away from Invcoin Hub.
Feel free to engage our community with matters relating to crypto investment and trading.
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