Blanc Invest Review – Avoiding This Platform Is Crucial

One of Blanc Invest’s websites is down, while the other is active and running. The latter is fumbled and hectic, offering incoherent content and fraudulent services, just like AlgoTech Trade.

So, how is the monkey business running? The answer is fake feedback. We plan to expose the scheme in our Blanc Invest review and show you the truth.

Broker status:	Unlicensed Forex Provider
Regulated by:	Unregulated
Operating Status:	Active Forex Trading Scam
Known Websites:	blancinvest.io (inactive), blancinvest.net (active)
Blacklisted as a Scam by:	ASIC
Owner:	N/A
Headquarters Country:	Switzerland (allegedly)
Website Active Since:	2024-04-24
Online Trading Platforms:	Web
Mobile Trading:	Unavailable
Minimum Deposit:	1,500 USD
Deposit Bonus:	Available
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Yes
Available Trading Instruments:	Forex, Indices, Commodities, Stocks, Crypto, NFTs
Maximum Leverage:	1:200
Islamic Account:	Unavailable
Free Demo Account:	Unavailable
Accepts US clients:	Yes
Global Fraud Protection Experts’ Verdict:	Steer Clear of this Scam

Is Blanc Invest Regulated?

The Blanc Invest broker is allegedly a Swiss trading brand. As expected, this firm is not listed in Switzerland’s company registers, and FINMA—the country’s regulatory authority in charge of controlling the markets—also has zero data on it.

Because Blanc has no license MiFID license, it’s ineligible to operate in the common European Economic Area (EEA), of which Switzerland is a part. We did more digging and found a regulatory warning against the fraudsters.

The Australian Securities and Investments Commission (ASIC) stated that “this entity will likely offer financial services to Australian consumers. It does not hold an Australian financial services license or Australian credit license from ASIC and is not authorized by a licensee.”

For a safe trading experience, we recommend you opt for a transparent company that is appropriately regulated by an esteemed financial authority such as the FCA (UK), CFTC (US), ASIC (Australia), IIROC (Canada), MAS (Singapore), etc.

Why Financial Market Regulations Matter

Brokerage firms that apply for a regulatory license under esteemed financial jurisdictions such as the European Economic Area must maintain a significant operating capital of at least 730,000 EUR.

Furthermore, they must provide users with negative balance protection, a segregated account in a top-tier bank, a safe leverage cap (1:30), and a compensation scheme contract worth up to 20,000 EUR.

Trader Reviews – Sharing Experiences

Don’t get misled here. There are 34 positive Blanc Invest reviews on trustpilot.com as of writing. For a website created a month ago, it’s implausible to get such impressive feedback so quickly. On the other hand, there are multiple complaints against the platform on top-trade.reviews.

“BLANC INVEST is a typical scam, swindlers who found me by cold calls and persistently offered to start trading on funds through their fake terminal. I scrutinized their site and saw nothing attractive,”

– one user stated. Others indicated Blanc Invest withdrawal issues.

Checking out comments on online forums is a great way to spot trustworthy providers and avoid unreliable ones like Alpha Capital. Before you invest in any online service, be sure to read genuine reviews and look out for regulatory warnings.

Who Are Blanc Invest’s Targets?

According to WHOIS, the fresh scheme site, blancinvest.net, was created on April 24, 2024, a month after the old one. After doing some research, we found the phony broker mainly provides services to traders and investors from the following countries:

• France
• Ireland
• Australia
• Canada
• Denmark

These financial hubs have strict rules to prevent illegal activities and scammers. The regulatory bodies monitor the markets closely to ensure transparency, and everyone needs the right permits to do business.

For example, having a license in Europe doesn’t automatically mean one can operate in Australia—they need extra authorization, and it works the other way, too. As mentioned, Blanc Invest Forex services aren’t approved anywhere.

Which Trading Platform Is Available?

The web-based Blanc Invest trading platform offers a range of trading instruments, such as Forex currency pairs, indices, stocks, commodities, and crypto assets. However, the provider’s shady background is a red flag. Traders reported malfunctions and manipulation. The interface itself feels unpolished and rudimental, relying on simple TradingView charts.

For a top-notch trading experience, we suggest going with licensed providers that support advanced third-party software like MetaTrader 5, MetaTrader 4, or cTrader. These platforms offer great features, including automated trading bots, real-time market reports, advanced charting, user-friendly interfaces, multiple timeframes, and fast order execution.

Trading Conditions – Leverage, Spreads, Commissions

Blanc Invest brags about having 12,000 successful clients out of 650,000 active traders. But there’s no proof to back up these claims. They offer five trading plans with leverage ranging from 1:25 to 1:200 and deposit bonuses from 30% to 75%, but they don’t share any details about spreads, fees, or commissions.

Plus, there’s no demo account, and their high minimum deposit of $1,500 is pretty sketchy. The unclear bonus payment conditions and the secrecy around their trading conditions make the provider seem pretty cutthroat.

Deposit and Withdrawal Process

The website lists two payment methods for depositing and withdrawing funds:

• Credit/debit cards
• Wire transfers

Blanc Invest fees remain unknown. Sending these tricksters funds is a bad move, as you probably won’t be able to withdraw them via the website. Getting your monkey back requires alternative refund methods.

If you used a MasterCard or Visa credit/debit card to deposit funds, you can request a chargeback through your bank within 120 days. We’re here to help guide you through the process. You’ll need to ask your bank to recall the transaction for wire transfers, but this only works if it hasn’t been completed yet.

What Should I Do If I Have Issues With Blanc Invest?

Blanc Invest is a deceptive website offering illegal trading services. The fraudsters behind this platform mainly target traders from Australia, France, Canada, Denmark, and Ireland. ASIC exposed the scheme last month.

We do not recommend paying for these services because the firm is unregulated and blacklisted. Our analysis stressed the importance of regulations and the benefits of trading on platforms supervised by recognized financial market watchdogs.

If you have fallen victim to the Blanc Invest scam, please book a free consultation with Fusion Forensics Limited. Our team of experts can assist you in the fund recovery process and get your money back as soon as possible.

Book your free consultation today and get your money back.