Dav Invest Review: Explore Further This Fraudulent Broker

Dav Invest

This Dav Invest review will tell you everything you need to know about this allegedly USA-based company. There are many negative reviews and complaints about this broker, and it’s not a surprise that their website isn’t working anymore. Also, the British financial authority issued a warning about them, calling people for caution.

They claim they are regulated almost everywhere. From the UK and Australia, all the way to Dubai, South Africa, and Cyprus. Of course, that’s just a disguise that we are going to expose in this Dav Invest review. Keep reading to learn all of their dishonest tricks.

Furthermore, we advise you to avoid using dubious brokers, such as Leadtradesfx, Intrao, and StarTrader.

HeadquartersUnited States of America
Minimum Deposit500$
Review Rating1/5
Broker TypeForex

Dav Invest License and Regulation 

The British financial authority – FCA has issued a warning about Dav Invest, because they are offering services in the United Kingdom, without permission. Now, being blacklisted by a financial authority is a pretty big deal and a huge sign that we are dealing with a fraudster.

Firms or individuals that want to offer financial services in the UK, need to be authorized by the FCA. Since this trading company isn’t respecting the local laws, like every legitimate company is, why should you trust them with handling your money? They can shut down their “business” at any moment, and disappear with your money.

That’s what probably happened with the money of people that trusted them since their website isn’t working anymore. We all know that every real business nowadays has a website, so it’s a clear sign that something fishy is going on.

No regulation is perfect, but it provides at least some protection to consumers. In the investment world, regulation often ensures that clients’ funds are segregated from the money of the company, that there is transparent pricing of traded assets, that the company is not in a conflict of interests, that there are some guaranteed funds, etc.

Dav Invest insists to be licensed and authorized everywhere – from the FCA in the UK to the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Dubai Financial Services Authority (DFSA), among a couple of more financial authorities. As clearly evident from the recent FCA warning, that is simply not true. 

If you are tired of these kinds of shenanigans, you can take a look at a list of first-rate Forex brokers that we made for you. You can’t go wrong with them, whomever you choose.

Dav Invest Trading Software

Dav Invest claims to have “the best platform for trading on the financial markets”, but they weren’t able to convince us of that fact. A good trading platform is a necessity, and when you realize that your potential broker firm is offering some oversimplified version of it, you should stay away.

Risking with some shady trading firms, that have a suspicious platform, when you have several real-deal brokers is illogical. Stick to the ones that offer MetaTrader 4 and MetaTrader 5, because they are the best software. They have over 10 million downloads on Google Play Store for a good reason.

Available Trading Instrument at Dav Invest

Dav Invest claims to offer trading with currencies, metals, stocks, commodities, indices, and cryptocurrencies. But this is all highly irrelevant to everything we have noticed so far. There is no trading going on, and this is all a cover for baiting innocent people into investing in this offshore broker.

If you want to be a Forex participant, you can go the easy way. Just choose one of the credible brokers, and start trading! You don’t need to worry about being scammed, because they do everything according to the law.

Deposit and Withdrawal Methods

The only way to fund your trading account at Dav Invest is with crypto coins – Bitcoin and US Dollar Tether. Cryptocurrencies are a legitimate payment method, however, and they are irreversible. Also, you don’t have a clue who you are paying to. Paying with some of the standard methods, like credit and debit cards are much safer.

When it comes to withdrawing funds from shady companies, it’s never easy. If not impossible. They always have high trading volume requirements that are hard to get even for an experienced trader. Also, when you try to withdraw your funds they will probably tell you that you have lost your money. And you will learn all this when it’s too late – when you already got scammed.

How Does Offshore Brokers’ Scam Implement?

Financial swindlers always use the same scamming methods. They spend a lot of money on their online advertising, and they lure users in with the story of easy earning. 

Since you are dealing with professional financial fraudsters, it’s not hard to believe them. You think you have found a potential gold mine, and instead, you have come across an investment scam.

Highly Recognized Trading Brokers

This Dan Invest review is dedicated to this bogus broker, and it’s supposed to teach you how to recognize fraudulent techniques. However, it is also meant to show you that there are trustworthy companies, as well. With that said, we have listed some of the highly recognized trading firms.

BrokerCountry,RatingMin. DepositWebsite
FXTM BrokerCyprus, UK, Mauritius4.5$10Forextime.Com
OctaFX BrokerCyprus, SVG4.4$100OctaFx.Com
FP Markets BrokerAustralia, Cyprus4.7$100FpMarkets.Com
XM BrokerCyprus, Belize, Australia4.7$5XM.Com
HFM HF Markets BrokerCyprus, UK, South Africa, UAE, Kenya4.3$5HFM.Com
FBS BrokerCyprus, Belize, Marshall Islands4.85$100FBS.Com

Dav Invest Summary

Dav Invest is a shady broker company. Everything they claim is untrue and unreliable. They got blacklisted by the Financial Conduct Authority because they aren’t authorized for the activities they are performing. They say they are located in the USA, but we highly doubt that. 

Dan Invest’s minimum deposit is 500$, which is absurdly high. Also, their only payment method is via cryptocurrencies, which is a cherry on top. Do not trust them.

FAQs About Dav Invest Broker

Is My Money Safe with Dav Invest?

Dav Invest is a fraudulent broker that’s scamming people. They are unlicensed, and your money is unsafe.

When Was Dav Invest Founded?

Fraudulent companies can’t be trusted with any kind of information. They claim to be located in the USA, which is not the case. They probably lie about their founding year as well.

How Long Do Dav Invest Withdrawals Take?

Withdrawals from fake companies are always hard, if not impossible. They can disappear at any time, leaving you without your money.