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.
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.
I became a victim of fraudsters from this scam company. InvestPrecision managers are able to win the trust of anyone. My phone number was probably in some scam database and the fraudsters started calling me. They were very polite and told me that they have the best trading conditions and anyone can earn money here, even without trading experience. So I believed them, registered a trading account at investprecision.com and deposited €2k. However, I zeroed out all my deposit within one week. I realized that there was something wrong here. I started googling information about them. Finally, I read in an analytical article that there is no trading on this site but only an illusion, and any trade will always be a loss. This is the most common scheme that scammers use!
I will explain to newbies how very easily you can understand whether you should trust the broker or not. Pay attention to the licenses and their expiration date. If they are not listed on the website, it's a red flag and you should definitely not even try to register and continue dealing with such companies. Please note that INVESTPRECISION acts in much the same way: they didn't specify the platform's term of operation as well as the licenses. Plus, the registered office address in Switzerland is fake, I checked on google maps - there is some kind of tourist complex there. Either that or I didn't search well, but I don't think that's the reason. The reason is that these are scammers, and the real life of investprecision.com is three months at most. In short, the domain was only created there in 2024. How can an online broker operate without a website? It can't! Short operating time and illegal activities are enough to make you not even think about trading on such a platform.
This is a scam, the fraudsters position themselves as a Swiss firm, but in reality they are just stealing your money. I lost here almost 1,570 dollars, and I wanted to withdraw the rest of my deposit of 430 dollars, but they offered to withdraw my funds if I pay a commission of 317 dollars!!!! Don't believe the scammers, Investprecision is a pure scam!!!!
I trusted this platform, I thought I had a decent broker in front of me. However, it turned out to be completely wrong. They just cheated me and did not return my 12k USDT!!!!! I do not advise you to join this scam, the risk of losing all your money is too great!!!!
I lost money because of these fraudsters. I believed in their online ads even though I had no experience in trading. The scammers quickly convinced me that I could learn how to make money with INVESTPRECISION. They worked well with me beforehand in correspondence. At first I felt like I was really making money here. The consultant helped me with trades and they were profitable. However, it all turned out to be an illusion😱 As soon as I created a withdrawal request, they blocked my account without any explanation and I had a balance of 6,854 euros. I realized at that moment that INVESTPRECISION is a scam and they steal money from people. But alas, by this point they had already robbed me like the last fool.
This company is clearly one of the fraudulent brokers who should never be trusted with money, even $250. I don't see any license for Investprecision. I can't believe that a Swiss broker would operate without a license, whereas every broker should a priori get regulation from FINMA. Without this, one cannot provide financial services in any way. The absence of FINMA license on investprecision.com gave me an idea to check the legal register for the presence of such an organization. And, as it turned out, there is no such company in the legal register of Switzerland. In addition, I found out that the Swiss Supervisory Authority FINMA issued a warning about illegal financial activities of Invest Precision broker, dated December 10, 2024. So, this firm is not registered there!!! These crooks created a fake brokerage project to swindle people out of their money. I repeat - there is no officially registered legal entity here, so there can be no license. And this, in turn, only means that there is no reliability here, so I do not recommend you to work with scammers.
This is a good broker from Switzerland, solvent and customer-oriented. I consider Investprecision to be one of the best CFD projects I have worked with. My trading history started here about a month ago. I started trading at the minimum rate, it was enough to invest 250 dollars, which is not so much for the initial deposit. At the moment I have a profit of 58 dollars or +24% of the deposit, which is a good result for the month. I like trading here, but I haven't checked the most important thing yet, how this company handles withdrawal requests and whether it withdraws them at all, so I'll just skip that one, but I'll write about the others that were quickly tested. It's a good terminal and I noticed that it works stably despite it being a web trader. Usually such platforms lag a lot, but I didn't observe that on investprecision.com. I also liked the adequate fees, they are not very high and for those who trade intraday, or even scalping, such commissions will not cause a big blow to your balance.
You can not work here! Terminal is slow, there are always bugs! What kind of trading is this???!!
This is not the best option for forex trading and I, as a trader with almost 10 years of experience, am telling you this. Look at what the problem is: Investprecision has a weak and primitive terminal that is not even known to anyone, it doesn't have a PC download application, meaning you only have to work through the web version, which is glitchy, less optimized, and in general the web platforms have worse functionality than their desktop counterparts. Also, I don't see this company disclosing the exact fees they charge or what their maximum spreads are, and investprecision.com doesn't even have a standard table with the specifications of the contracts they trade. So the most important conditions are not disclosed, and it will be an unpleasant surprise for you. Absolutely non-transparent project, you will not understand whether trading here is profitable or not. That is why you should not take risks, because the risk is not justified. In general, I have a lot of questions about Investprecision broker, in particular about the trading conditions and working environment. It just doesn't have what other brokerage firms have. Note that I haven't yet touched on the legal aspects and the assurances that it's generally safe to keep money here. I don't think it's safe! There are a lot of red flags here, so I don't recommend you go in here.
Fraudulent project: first managers promised me good income and favorable conditions, and then did not let me withdraw even my money. I've been trying for a month to get back at least the rest of my deposit of 637 pounds! However, with each passing day the chances become less and less.