A Swiss brokerage company promises to create a favorable environment for CFD trading. In addition, the intermediary provides an office address in Otelfingen, in the canton of Zurich. However, the firm does not show legal documents proving its location and brokerage license.

Are you considering investing in this platform but have doubts about its reliability? In our InvestPrecision review, we will reveal information about the safety of cooperation with this broker and the legality of its work.

How to Trade

The company provides traders with access to its “advanced platform”. You can make money by trading CFDs on indices, currencies, and other assets. The 4 account types contain the following trading conditions:

  • Minimum deposit from $250 to $50,000.
  • Leverage up to 1:200 / 1:500.
  • Spreads in the range from 0.0 – 1.5 pips.
  • Bonus from 30% to 100%.

The site does not specify parameters such as commissions or other fees. However, the broker promises to provide clients with Demo, MAM, and PAMM accounts.

Before you can withdraw all your funds from the account, you must make a separate payment for all financial obligations, such as bonuses, commissions, swaps, etc.

Customers complete transactions via cryptocurrency or bank transfer. Support is available 24/5 via online chat.

InvestPrecision Vital Info

The “About” section does not contain any specific information about the founders of the project, its launch date; there are only general words about the mission, goals, vision, and other “garbage” content. In general, everything that fresh, dubious firms like to say about themselves. Meanwhile, the domain name appeared online recently – in August 2024. Thus, the platform has only been in operation for a few months.

The intermediary publishes the address of the office in Switzerland, but does not provide evidence that the firm is officially registered in this country. However, there is no license from the Swiss commission FINMA, while the user agreement mentions the Cypriot regulator CySEC. We decided to check the registers of legal entities in these countries and found InvestPrecision neither in Switzerland nor in Cyprus.

FAQ

What are the key facts about InvestPrecision?

The broker provides an address in Switzerland, but does not document its location or FINMA license. In addition, the Cypriot regulator CySEC is listed as an arbitrator in disputes with clients in the internal documents of this company. However, the brand is not listed in the corporate registers of either Cyprus or Switzerland.

What's the risk to my wallet when working with this broker?

It is extremely risky for you to cooperate with an anonymous financial intermediary. In addition to the lack of confirmation of company registration and license for this project, there are dangerous trading conditions. You will lose 100% of your funds on CFDs with leverage of 1:500, which is limited in Europe to 1:30, including Cyprus and Switzerland.

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