Dgsinvesting is a financial scam platform rife with misinformation, attempting to masquerade as a legitimate company regulated by the UK and Australia by stealing eToro's registration and regulatory information. The platform not only provides false credentials but also lacks transparent trading conditions and fund protection, deceiving investors into depositing money, ultimately leading to significant financial losses.
Company Background:
Dgsinvesting's website (https://dgsinvesting.com/) was registered on January 22, 2024. The platform claims its registration number is "07973792" and provides an upscale office address in London. However, upon investigation, it was found that this registration number actually belongs to another company—ETORO (UK) LIMITED, a legitimate financial services company. By stealing ETORO's registration information, Dgsinvesting attempts to appear as a legitimate UK-regulated company, but it does not exist in any official registration records. This tactic reveals Dgsinvesting as a meticulously crafted scam, aiming to lure unsuspecting investors by faking company credentials.
Regulatory Information:
In addition to providing false company registration information, Dgsinvesting also claims to be regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). However, upon investigation, the regulatory numbers provided by the platform all belong to other companies, particularly the well-known forex platform ETORO. The FCA regulatory number "583263" belongs to ETORO (UK) Ltd, while the ASIC regulatory number "491139" belongs to ETORO AUS CAPITAL LIMITED. This behavior by Dgsinvesting is not only blatant fraud but also reveals their malicious intent to gain investor trust by forging regulatory credentials.
Account Registration Process:
- Log in to the official website and click the register button
- Fill out the application form
- Submit identity verification/my number verification documents
- Deposit funds and start trading
Account Types:
Dgsinvesting offers various account types, including Main, Bronze, Silver, Gold, Platinum, and VIP accounts. Each type aims to attract different levels of investors, from small to large deposits. However, these accounts lack transparency and security guarantees. Regardless of the chosen account type, users face significant financial risk. This multi-tier account structure is a common scamming tactic, using account levels and false promises of high returns to entice investors into depositing more funds.
Trading Software:
Dgsinvesting claims to use proprietary trading platforms but does not disclose the name or technical details of its trading software. This lack of transparency raises significant concerns about the platform's security and reliability. Legitimate trading platforms typically use well-known software like MetaTrader and make their security standards public. However, Dgsinvesting is secretive about such information, increasing the risk to users' funds. Traders may face fake market data and manipulations, unable to ensure the authenticity and fairness of their trades.
Trading Products:
Dgsinvesting offers a variety of trading products, including Forex, stocks, cryptocurrencies, precious metals, indices, commodities, and NFTs. This diverse product range seems appealing to a broad range of investors, but the platform provides no transparent information about these products, especially key elements like trading conditions, spreads, and leverage. Investors cannot determine if they are engaging in real market trades or dealing with a fake system. Scam platforms often use this strategy, offering a variety of investment products to create a facade of legality and professionalism, while their real aim is to steal users' funds.
Spreads, Leverage, and Commissions:
Dgsinvesting does not disclose any information about spreads, leverage, or commissions on its trading platform. Legitimate trading platforms usually clearly list this critical information to allow users to evaluate trading costs and risks. This lack of transparency prevents traders from assessing the true costs of trading, increasing the risk of manipulation.
Educational Services:
Dgsinvesting offers basic knowledge about trading, CFD trading, technical analysis, fundamental analysis, and risk management. However, these educational services cannot mask the fraudulent nature of the platform. While these services appear to help investors understand the market, their actual purpose is to build trust in the platform, encouraging users to deposit funds. Scam platforms often provide basic market education to pose as professional financial service providers, but their true aim is to exploit investor trust to illegally acquire funds.
Deposit and Withdrawal Methods:
Dgsinvesting does not provide any specific information about deposit and withdrawal methods. This lack of information means the platform may set up artificial barriers to the movement of user funds. Legitimate platforms typically offer multiple deposit and withdrawal methods and ensure free movement of funds. However, Dgsinvesting's approach further raises the risk of users being unable to freely withdraw their funds. Scam platforms often limit or completely block withdrawals to illegally retain users' funds, a tactic very similar to Dgsinvesting's behavior.
Customer Support:
Email: support@dgsinvesting.com
Phone: +41325087267
Conclusion:
Dgsinvesting showcases the typical characteristics of a financial scam platform. By fabricating information and making false promises, it tries to lure investors into depositing funds. Investors should remain highly vigilant to avoid being misled by the platform and incurring significant losses.
