Finvesto is a contract-for-difference (CFD) broker, with its domain registered on April 30, 2024. It mainly provides investment services in foreign exchange, digital currency, precious metals, commodities, and funds for retail and institutional clients. It does not offer services to countries or regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the information publicly available on its official website, Finvesto is registered in New Zealand. The company entity is FINVESTO LIMITED, with a business registration number of 6828455, and it is regulated by the New Zealand financial regulatory authorities.
However, verification shows that the New Zealand company register lists the entity with registration number 6828455 as GAVIN ASSET TRUSTEES LIMITED. Additionally, the New Zealand Financial Service Providers Register has no record of an entity named INVESTO LIMITED.
Therefore, Finvesto is essentially a fraudulent website that falsely uses the registration details of another company and is entirely unregulated.
Account Opening Process
The account opening process for a Finvesto trading account is as follows: visit the broker’s official website, click “REGISTER NOW” on the homepage or “Join Now” at the top right corner to access the account registration page. Fill in your email address and set a login password as required, then submit. The account will be successfully registered after approval.
Investment Plans
Finvesto offers four different types of investment plans: Start Plan, Platinum Plan, Premium Plan, and Zenith Plan.
Start Plan:
- Trading Period: 7 days
- Minimum Deposit: $100
- Maximum Deposit: $4,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2%
Platinum Plan:
- Trading Period: 7 days
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 2.5%
Premium Plan:
- Trading Period: 7 days
- Minimum Deposit: $10,000
- Maximum Deposit: $19,999
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 3%
Zenith Plan:
- Trading Period: 7 days
- Minimum Deposit: $20,000
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return Rate: 4%
Trading Platform:
Finvesto provides users with a self-developed trading platform, but it has not been elaborately introduced and is only available on the web.
Deposits and Withdrawals:
Finvesto supports deposits and withdrawals through various cryptocurrencies.
Conclusion:
Traderknows reminds investors that Finvesto is a scam broker that entices investors with promises of high returns. The broker fraudulently uses registration information from other companies and is not regulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial loss.
Currently, this broker is marked as "Scam" on Traderknows.
