Finvesto Ltd is a CFD broker that registered its official website domain on June 7, 2024. The broker primarily offers investment services in forex, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries and regions where such services may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the official information on the Finvesto Ltd (finvesto.cfd) website, the services provided by this broker are regulated by financial authorities under the jurisdictions of New Zealand and the United States. Its terms of service page states that "Any litigation arising from these terms shall be conducted in New Zealand courts and only in New Zealand courts."
The website claims that the broker’s registered entity in New Zealand is FINVESTO LIMITED, with a company registration number of 8824764 and NZBN: 9636734543895. However, clicking on the "Legal" link at the bottom of the website redirects to the New Zealand Companies Register, where it shows that the registered company is "GAVIN ASSET TRUSTEES LIMITED," with a company registration number of 6828455.
Upon verification, no registration information for a company named "Finvesto Ltd" was found with the National Futures Association (NFA) and the Financial Industry Regulatory Authority (FINRA) in the United States. Additionally, the New Zealand Financial Service Providers Register did not list "GAVIN ASSET TRUSTEES LIMITED." The New Zealand Companies Register shows that registration number 8824764 does not exist, and the New Zealand Financial Service Providers Register also has no listing for a company with NZBN 9636734543895.
Therefore, Finvesto Ltd (finvesto.cfd) is essentially a scam broker website with no company entity and no regulatory oversight.
Account Opening Procedure
To open a trading account with Finvesto Ltd, visit the broker’s website and click “REGISTER NOW” on the homepage or “Join Now” in the top right corner to enter the account registration page. Fill in your name, email address, and set a login password as required. Submit the information and verify your account to complete the registration.
Investment Plans
Finvesto Ltd offers users four investment plans: Starter Plan, Platinum Plan, Premium Plan, and Zenith Plan.
Starter Plan:
- Trading Period: 7 days
- Minimum Deposit: 100 USD
- Maximum Deposit: 4,999 USD
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 2%
Platinum Plan:
- Trading Period: 7 days
- Minimum Deposit: 5,000 USD
- Maximum Deposit: 9,999 USD
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 2.5%
Premium Plan:
- Trading Period: 7 days
- Minimum Deposit: 10,000 USD
- Maximum Deposit: 19,999 USD
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 3%
Zenith Plan:
- Trading Period: 7 days
- Minimum Deposit: 20,000 USD
- Maximum Deposit: Unlimited
- Referral Bonus: 10%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 4%
Trading Platform
Finvesto Ltd provides users with a proprietary trading platform, but it does not offer detailed information about the platform, and it is limited to the web version only.
Deposits and Withdrawals
Finvesto Ltd supports deposits and withdrawals through cryptocurrencies. The minimum deposit amount is the equivalent of 100 USD in Bitcoin or other accepted cryptocurrencies, and the minimum withdrawal amount is the equivalent of 2 USD in Bitcoin or other accepted cryptocurrencies.
Conclusion:
Traderknows reminds investors that Finvesto Ltd is a fraudulent broker luring investors with promises of high returns, but in reality, it lacks any regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
