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Invest505

Operating status: SCAM

Website: https://invest505.com/

Broker violations and abnormal records
  • Apr 13, 2023 BrokersView has Reviewed that Invest505 is an Unregulated Broker

    Invest505 claims to be operated by Propel Capital Ltd, which is registered with the Marshall Islands Registry (IRI), No. 111866. We searched the IRI and found a matching result but the corporation was dissolved. What's more, IRI does not regulate forex brokers or issue forex licenses. The truth is that Kings Crypto Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Invest505 claims to be operated by Propel Capital Ltd, which is registered with the Marshall Islands Registry (IRI), No. 111866. We searched the IRI and found a matching result but the corporation was dissolved. What's more, IRI does not regulate forex brokers or issue forex licenses. The truth is that Kings Crypto Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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