Honest Review of InvestPrecision

Today’s focus in our InvestPrecision review is on a Forex/CFD broker that claims its top priority is traders. The company promises an ever-expanding list of trading instruments, fast order execution with tight spreads, efficient educational resources, and professional support. But should we trust such enticing promises and open an account here? Or is this just another scam? We dug into the materials provided by the platform, and our findings are detailed below.

Key Features

• Company Name: InvestPrecision group
• Website: https://investprecision.com/
• Available Contacts: [email protected]; +41245087270
• Foundation: 2024
• Services: Forex/CFD trading
• License: No
• Initial Deposit: $250

From Sign-Up to Payout

We’re confident that the team at InvestPrecision Group went to great lengths to make visitors believe they were dealing with a reputable broker. However, the result can be summarized in two words: boring and useless. The first describes the design — developers failed to properly execute the decent concept of a dark background with white text, resulting in pages that look gloomy and uninspiring.

The second applies to the content and functionality of the website:

• About Us page. Instead of vital company information, such as financial statements, registration details, or licenses, visitors are met with generic texts about how “great” the broker is, its vision of client relationships, and its important mission.
• Markets page. Would you expect descriptions of available markets, trading instruments, and contract specifications here? Not at this firm. Why bother with useful information when you can slap on a random collection of TradingView widgets and leave traders to figure things out for themselves?
• Account access. While registration, access to the client portal, and trading platform seem to work fine (an achievement in itself), not all advertised features are available. For example, we couldn’t open a demo account, there’s no bonus management system, and not even a referral link for user acquisition.
• Deposits and withdrawals. Only cryptocurrencies — BTC and USDT — are supported. This raises the valid question: why request photos of the front and back of a bank card during verification?

Some traders might argue these issues are minor, but we believe they highlight InvestPrecision’s attempts to remain anonymous, operate non-transparently, and design their platform to ensure traders lose their deposits as quickly as possible. This is classic scam behavior, and this platform is no exception.

Our Trading Experience With InvestPrecision

The broker heaps praise on its trading terminal, touting it as modern, technological, and user-friendly. Key highlights include a large number of analytical tools and a customizable interface.

At first glance, the terminal used by the broker indeed stands out compared to a series of programs clients of numerous trading platforms across the internet have to deal with today. Firstly, it lacks anything unnecessary, including even a transition to the client portal. Secondly, the developers managed to create a decent add-on for TradingView widgets, which features both a multi-chart mode and one-click trading. Thirdly, exhaustive contract specifications can be found here.

However, this trading platform is not without its drawbacks:

• The broker was eager for users to believe in the possibility of customizing the interface for their needs. However, the developers failed to implement these functions. Traders will have to settle for adjusting the price chart scale (a TradingView feature) and resizing windows.
• It is impossible to exclude even temporarily unnecessary symbols from the market overview. As a result, with over 400 assets, it remains excessively bulky and not very user-friendly.
• There are no options to add new scripts for market analysis (indicators) or algorithmic trading (trading robots).

The discussion about InvestPrecision’s trading capabilities would be incomplete without mentioning the trading conditions on the platform. All information available to site visitors is collected on the Account Types page. Detailed contract specifications can only be seen by active clients of the broker.

Nevertheless, even the account types table is much better than those of most similar companies. It includes not only the minimum deposit size for each plan but also mentions the maximum leverage, spreads, volumes, etc.

The company offers a total of four plans:

• Silver with a deposit starting from $250, leverage up to 1:200, and spreads from 1.5 pips.
• Gold with a deposit starting from $2,500, leverage up to 1:300, and spreads from 1.5 pips.
• Platinum with a deposit starting from $10,000, leverage up to 1:400, and spreads from 0.8 pips.
• Diamond with a deposit starting from $50,000, leverage up to 1:500, and spreads from 0 pips.

As we can see, the company employs the same tactics as most scammers:

• It sets enormous leverage without distinguishing between retail and professional traders.
• It increases the leverage as the minimum deposit size grows.

Additionally, the broker has established registration bonuses ranging from 30% to 100% of the first deposit amount. This indicates that it does not operate under any reputable regulator.

The Reality Check

We have repeatedly raised doubts about whether the broker has official registration and licenses. It is time to verify this information.

The footer of the website provides the address of the company’s office in Switzerland. It also lists a support phone number with a Swiss area code. Let’s check if InvestPrecision is registered in this European country.

The search results were fruitless — there is no company with the stated business name in Switzerland. Moreover, we checked all possible spellings of the broker’s name. Therefore, the company is not registered in Switzerland.

However, in the Terms & Conditions, the document’s authors claim to comply not with Swiss financial regulators but with Cypriot CySEC requirements. Naturally, we were skeptical about this claim, and for good reasons: the excessively high leverage and registration bonuses. No reputable regulator permits either of these. Nevertheless, we decided to verify both Cyprus registration and the presence of a local regulatory license.

This check also yielded no positive results. There is no company with this name in the Cypriot business registry or in the CySEC database.

The pseudo-broker also lacks licenses, making their provision of services entirely illegal. Moreover, they cannot organize proper trading either: liquidity providers and quote suppliers do not work with virtual entities.

How Long Has InvestPrecision Been in the Game?

The only thing left is to check how long the broker has been operating. Naturally, we won’t find the date of creation for this virtual company anywhere. However, using the whois service, we can easily find details about the domain registration.

An analysis of whois data revealed that the domain was registered only at the end of August 2024. This means the broker has been active online for just over three months.

We were also interested in additional information. It turns out that the domain was registered through a company called Domain by Proxy. Clearly, ‌standard means of maintaining anonymity were insufficient for the project owners. They decided to take extra precautions. And you still think they will work honestly with you and return your invested money?

Extra Fraud Indicators

We expected a sufficient number of InvestPrecision reviews to appear online over three months. However, the reality exceeded our expectations.

It turns out that during the platform’s existence, for example, on Trustpilot, more than 60 comments have been left about it. Most of the authors rate its performance at 4 or 5 out of 5. A nearly perfect broker, right? Of course, when you look at the text of these posts, it becomes clear that the authors don’t even know what to praise the broker for. But for them, having received payment for positive feedback, that doesn’t really matter.

However, it turned out that among the latest reviews, there isn’t a single positive one. About 25% of authors state that the company is a scam, does not process withdrawals, and blocks traders’ accounts without explanation. In short, the scammers have clearly demonstrated that they have no intention of returning clients’ funds deposited into their accounts.

Is InvestPrecision the Right Fit?

We hope that the arguments presented in this InvestPrecision review were convincing enough for you to decide against risking your money with this scam broker. The absence of registration, licenses, and critical information about the company should be sufficient to reach this conclusion. Additionally, consider their attempts to create a positive image through online comments and the claims from actual clients that the company has stolen their funds. Without a doubt, this project was created by fraudsters, and the likelihood of losses is 100%.

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