Are you looking for a reliable broker to invest your money with? Then you might want to check FIMEC Limited (Finance Me Consultancy). The internet is not full of reviews about this company. What makes it such a risky choice for investors? Maybe it is a scam? Let’s find out.
- FIMEC Limited General Information
- Registration and Client Portal Review
- FIMEC Limited Trading Conditions
- Investment Plans Review
- FIMEC Limited — Deposit and Withdrawal of Funds
- Additional Options
- Is FIMEC Limited a Scam?
- Legal Information and License
- Fimec.io Domain Info
- Contacts Review
- More Details
- Pros and Cons
- Frequently Asked Questions (FAQ)
FIMEC Limited General Information
|Address||Gorlandeg, Cwmifor, Llandeilo, Sir Gaerfyrddin, SA19 7AW, UK.|
|Assets||FX, Indexes, Commodities|
|Investment term||From 5 days|
Registration and Client Portal Review
The official website of FIMEC Limited is a complete mess. It lacks any meaningful information about the company or its services. The design is incredibly basic, making the website look outdated and unprofessional. Even worse, there is no clear navigation or structure, making it difficult to find any information that may be hidden within the site.
The description of the accounts provided on the website is minimal and inadequate. It’s almost as if they don’t want potential clients to know what they’re signing up for. The lack of transparency is concerning, and it seems as if the company is hiding something.
Overall, the website gives off a vibe of unprofessionalism and lack of effort. It’s clear that the company doesn’t care about providing potential clients with the necessary information to make informed decisions. If the website is anything to go by, it’s hard to trust FIMEC Limited with your investments.
The registration process for this company is incredibly simple, which can be seen as a negative point for those who want a secure and reliable platform. There is no verification process involved, so anyone can register and start trading. However, FIMEC Limited does ask for a referral code during the registration process, which is not mandatory, but it may make you wonder why they are asking for it.
Moreover, there is minimal information required during the registration process, which could lead to potential security concerns. Additionally, the design of the registration page is very basic and outdated, which may not instill confidence in the company’s technology.
On the Client Portal, we were surprised to find that the description of the trading platform on the homepage, the stories about 25 years in the industry, and other nonsense had nothing to do with the actual activities of FIMEC Limited. After registration, you will realize that the maximum they offer is not independent trading, but merely investments. And even that looks more like an HYIP than a serious investment company.
FIMEC Limited Trading Conditions
As you may have guessed, we won’t be describing any trading terms. This is not what FIMEC Limited offers its clients.
Investment Plans Review
FIMEC Limited offers four types of accounts. However, the VIP account is not described and it is an individual offer. To learn about its conditions, you need to contact the manager. As for the other accounts, it is simple. The more money you deposit, the more profit you will earn. However, it should be noted that the 250 euros minimum deposit for the HYIP is quite high, not to mention the Medium account that requires a deposit of 25,000 euros.
The interest rates are also very high. As you may have guessed, FIMEC Limited earns them through trading. However, they do not disclose the identity of the traders who can allegedly earn 35% in 7 days. And they do not provide any evidence that this money is actually earned in the markets.
FIMEC Limited — Deposit and Withdrawal of Funds
The company offers deposits only in cryptocurrency. This can be problematic for several reasons. Firstly, the value of crypto is highly volatile, which means that the value of the deposit can decrease rapidly. Second, cryptocurrency transactions are irreversible. This means that if there is an error in the transaction, it cannot be undone. Third, crypto-transactions are often anonymous and untraceable, which can make it difficult to resolve any issues or disputes that may arise between the company and the customer. Finally, not everyone is familiar or comfortable with using cryptocurrencies, which may limit the number of potential customers.
Despite being a high-yield investment program, FIMEC Limited still requires verification. However, it should be noted that there is no option to upload documents in the personal account.
This HYIP, of course, has a referral program, but its terms and conditions are not described on the website. Additionally, the project offers some strange services that have no relation to high-yield investment programs, such as analytics.
Is FIMEC Limited a Scam?
There is no doubt that something is amiss with this company. Here are a few compelling arguments.
Legal Information and License
FIMEC Limited claims to be registered in the United Kingdom, and there is a legal entity with a similar name in the registry. However, the listed company’s activity is classified as a non-trading company. Furthermore, it is not authorized by the FCA, which means it is not permitted to accept and store customers’ funds. This suggests that the scammers behind this company are likely impersonating a legitimate entity in an attempt to deceive investors.
Fimec.io Domain Info
The original company was registered in 2014, which further reinforces the idea that FIMEC Limited are just imposters. The domain for this HYIP was registered on February 17, 2023, and did not exist before that.
The company provides both email and phone support, but there are concerns about the legitimacy of these contact channels. It has been reported that reaching out to their support team can be extremely difficult, and some customers have had trouble getting in touch with them. Additionally, we already knew that the company had borrowed the address of a legitimate business.
There are different types of investment scams, some of which are blatant frauds that don’t even bother with a convincing backstory. FIMEC Limited, on the other hand, is a clone of other websites, which are also fraudulent. For example, take a look at CED Capital Ltd and Overton Partners Ltd. They are absolutely identical. These scams are masquerading as brokers, which is why you can see all the trading platform and investment-related jargon on FIMEC Limited’s homepage.
Pros and Cons
- No regulation.
- No license.
- Stolen address from a legitimate business.
- Difficulties in reaching customer support.
- A cloned website of other fraudulent companies.
- Unrealistic promises of high returns.
- High-risk investment.
Frequently Asked Questions (FAQ)
It claims to offer investment opportunities in various financial markets, including forex, stocks, and cryptocurrencies. In fact, it is an ordinary HYIP.
According to the company’s trading conditions, the minimum deposit amount is 250 euros. However, it is not advisable to invest any funds in this company due to concerns about its legitimacy and credibility.
FIMEC Limited’s safety cannot be confirmed, as there are concerns about the company’s legitimacy and the cloned website of other fraudulent companies. It is strongly advised to avoid investing in this company.