Epicinvest24 proudly brings a wealth of experience and unique trading technology. However, by visiting the site epicinvest24.info we haven’t found anything exceptional. Furthermore, client reviews are poor. Even though the company calls itself a modern and innovative platform, traders are dissatisfied with the service of this offshore broker. Is this broker scam, or do the upsides outweigh the downsides?
- Epicinvest24 General Information
- Registration and Client Portal Review
- Epicinvest24 Trading Conditions
- Account Types Review
- Trading Platform
- Epicinvest24 — Deposit and Withdrawal of Funds
- Verification
- Additional Options
- Is Epicinvest24 a Scam?
- Legal Information and License
- Epicinvest24.info Domain Info
- Contacts Review
- More Details
- Pros and Cons
- Frequently Asked Questions (FAQ)
Epicinvest24 General Information
Website | epicinvest24.info, epicinvest24.com |
Phone number | +442038077185 |
support@epicinvest24.com, support@epicinvest24.net | |
Address | 1314 LLC 2021, registered address: Firsts Floor, First St Bank Ltd Building, James Street, P.O. Box 1574, Kingstown VC0100, St. Vincent and Grenadines |
License | – |
Minimum deposit | €250 |
Assets | CFDs |
Leverage | 1:400 |
Trading platform | WebTrader |
Registration and Client Portal Review
We see an ordinary official website. Epicinvest24 reports in a big banner that oil companies are making record profits. That means that now is the best time to start trading.
Traders will not find any useful information here. The broker lists a lot of its advantages, but its competitors also have all of them.
To trade, you have to create an account on the platform. It’s necessary to fill out a small form where you should enter:
- First and Last name
- Phone
- Date of birth
- The currency of the account.
After registration, you will receive an email with a confirmation link. You need to follow it to activate the account and fill in other contacts. The Client Portal has an ordinary interface. Here you can go through the KYC, or deposit, and go to the trading terminal.
Epicinvest24 Trading Conditions
The broker offers a service for exclusive customers. First, you need to choose one of the accounts. They differ in the amount of the deposit and the set of services.
Account Types Review
The company has several types of accounts for different groups of traders. The minimum deposit starts from 250 euros. For the Elite package, the deposit starts from 250 thousand. Conditions are not very clear. For example, Silver spreads are promised for the Silver package. Gold spreads for Gold, etc. What exactly does it mean?
Besides, the broker offers credit bonuses in the amount of 10-30% of the deposit. In the more expensive types of accounts, you can find exclusive services, for example, an individual strategy and a trading coach.
Trading Platform
Epicinvest24 offers only a web trader. Even the download link on the website leads to the authorization form in the web version. WebTrader is standard. It allows you to trade CFDs. This platform is worse than MetaTrader5. However, Epicinvest24 says it’s not going to purchase another terminal yet.
Epicinvest24 — Deposit and Withdrawal of Funds
You can deposit money in different ways:
- Visa/MasterCard
- Neteller
- AstroPay
- Jeton.
There is no commission for deposit, except fees from payment systems.
You need to pay a commission of 3.5% for withdrawing money, except if you’re the owner of a Gold, Platinum, or Elite account.
Verification
You can verify your account in the Personal Area. You will need to upload several documents. It is necessary to have an identity card, a bank statement, utility bills to confirm the place of residence, etc.
Additional Options
The broker offers a referral program. The reward for new traders is up to $2,000. Those who invite newcomers can receive up to $200.
Is Epicinvest24 a Scam?
We have found many red flags that you shouldn’t ignore. It seems to us that Epicinvest24 is a loose cannon.
Legal Information and License
We found Epicinvest24 in the register of legal entities on a web resource svgfsa.com. The company was created in October 2021, not ten years ago. However, the regulator in Saint Vincent and the Grenadines, the FSA, does not issue licenses to Forex and binary options brokers. Therefore, clients open transactions on the platform at their own risk, and cannot claim compensation or assistance from supervisory authorities.
Epicinvest24.info Domain Info
The domain was registered not so long ago. That means that the broker does not work for long either. Just like the negative reviews about the company, Epicinvest24 started its presence on the Internet in 2021. Please note that the site will be active for several more months. What’s next is unknown. Will the owners extend the lease of the domain or close it?
The article has been updated. We now know the answer because the creators have registered a new domain epicinvest24.info and have extended it until February 2024. And they have a spare domain epicinvest24.net.
Contacts Review
Contacts include phone numbers and emails. However, for some reason, we could not get through to Support. Traders complain in reviews that their letters are also not answered.
More Details
In the terms and conditions, the owners of Epicinvest24 write that they will try to provide services in good faith, but are not responsible for losses. They may be obtained due to the negligence or fraud of third parties from whom the company receives instructions on the execution of orders.
The broker stores client funds in segregated accounts. At the same time, it makes a reservation that it will not return the money if the banks go bankrupt or abandon their payment obligations. The trader won’t be able to check financial institutions, because there is no information about them on the website.
Pros and Cons
- Demo account.
- Offshore jurisdiction.
- No license.
- A short period of existence.
- Negative reviews.
- Not enough information about the company.
Frequently Asked Questions (FAQ)
The broker has been working for less than a year.
No, it is an offshore broker without a license.
Yes, it has an affiliate program. You can get up to $200.
I think it's a fake company
I have a problem withdrawing money. I tried to write to tech support, but I didn’t get any results. I think their contacts are fakes. I don’t know how to get the money back now.
I don’t recommend it
With this company, you won’t get any profit. I thought it was an honest broker. In fact, they are scammers who only take money from traders. Be careful.
Definitely scam broker
Unfortunately, I also lost over $5,000 there, only because they didn’t withdraw the money back to me. My questions were ignored. I really curse these scammers! Avoid them!
A thousand times no
Don’t give these scammers your money. They will try to take everything they can from your wallet. They use a terminal with a manipulation option. While I realized it was pure fraud, I lost almost 8,000 euros.
Need help
Hi everyone. I have 3715$ in my Epicinvest24 account. Recently, when I wanted to trade again, I got a message that my account was disabled. And this message is shown every time I try to log in! The most disgusting thing is that their chat is down and they don’t answer my emails either. Please tell me if there is anything I can do to get my money back??? I really need this money.
Scammers and Frauds
EpicInvest24 scammed me out of a lot of money, and are still trying, loading my account with bonusses, the majority whiteout my approval, to keep a loosing trade open, very bad advisers and not a good idea for novices. They will probably want me to fund the account for the losses that were created by the bonusses they have added. They guided me to make the trades, but don’t take responsibility for anything….please do not fall for them, you will loose!!!
The star rating is wrong, should actually be nothing, but can only chose one star
Trade with them at your own risk.
Trading with them started without incident. But as my confidence grew and I started trading larger lots, the platform randomly and often mysteriously logged me out. What’s more, several times when my position was about to make a huge profit, they closed my positions at a loss and claimed that it was too big, although my margin was still sufficient. IMHO, it’s not very fair.
Can't sign in
I registered on epicinvest24.com and traded for a while following my manager’s instructions. But one day I couldn’t access the site. The browser reports that the page is not available. All communication was in the chat on the site so I can’t get through to support. What should I do if I have more than 4k dollars left in my account? I’m not sure what to think in this situation, but it seems I was scammed.
Lost my money
It has been three months since I decided to withdraw my money and close the account. I applied for a withdrawal, but I did not receive a response. They just called and offered to open more deals. I said I didn’t want to, but I wanted to take my money. They said, please calm down, we will call you another day. No more reaction.
Stay away!
Epicinvest24 is a SCAM!!! Stay as far away from it as you can! Do not invest, do not answer emails. This is a real scam!! They stole 16k of my money. It was supposed that the withdrawal would be processed in three days, after that three more were delayed, and then completely stopped responding.