- Slow cash withdrawal process
- Bottom Line:
- No, I would not recommend this to a friend
- InvesttechFX (IVT) is a scam company. I strongly advise traders to withdraw fund immediately or those who intend to open with them, not to do so.
1.Clientsâ€™ funds are deposited into TD Canada Trust as instructed by IVT but they moved these funds out, without clientsâ€™ knowledge or approval, to the clearing department of a third party trading outfit.
2. IVT claims on their web-site that they insure clientsâ€™ funds up to USD100k. Legal background check has shown that they are NOT a member of Canadian Deposit Insurance Corporation (CDIC), in which they claimed they are. Further check with CDIC web-site also reveals that CDIC only insures Canadian dollar deposits and not deposits in any other currencies!
IVT is NOT a regulated broker and they do not have proper business practice. Their website claim on fund insurance very deceiving and their business practice is unprofessional and unethical.
Displaying 1-1 out of 1 reviews