Blanc Invest! Is this broker legit or a scam? Before answering this question in this unbiased Blanc Invest review, let me take you through a quick introduction to the topic, starting with a company summary table as shown below:
| Entity | Blanc Invest |
| Platform | www.blancinvest.com |
| Office Location | Rue de la Corraterie 5, 1204 Genève, Switzerland. |
| Support Contact(Email and Telephone Numbers) | Email: support@blancinvest.com.Telephone Numbers: +1 437 887 9727(Canada).+61 2 8529 4494(Australia).+44 77 2749 6948(UK).+32 2 586 45 21(Belgium). |
| Licensing and Regulation | Unlicensed and unregulated. |
| Demo Accounts | Not provided. |
| Account Types | Paid Accounts |
| Paid Account Types | BasicSilverGoldPlatinumVIP |
| Trading Instruments | Stocks, cryptocurrencies, commodities, indices, forex currency pairs, and NFTs. |
| Minimum Deposit | Depends on the account type: Basic—$1500. Silver—$25,000. Gold—$50,000. Platinum—$150,000. VIP—Ask your manager. |
| Leverage | Depends on the account type: Basic—1:25. Silver—1:25. Gold—1:25. Platinum—1:100. VIP—1:200. |
For starters, Blanc Invest, according to the product website(www.blancinvest.com), is a new FX broker with an office location in Switzerland and representatives in 4 different countries:
- Canada.
- Australia.
- Belgium.
- The United Kingdom.
A screenshot image of the Blanc Invest broker website.
The so-called broker supposedly allows you to deal in stocks, crypto, commodities, indices, and NFTs to make profits. The company purports to provide analysts to assist you at a personal level to trade profitably. It further claims to provide the knowledge and skills investors require to make informed trading decisions through:
- Real-time market data.
- Comprehensive research reports.
- Expert insights.
- Educational resources.
But is Blanc Invest(www.blancinvest.com) really what it claims to be? The answer is NO. This broker is a scam who is targeting to con you out of your hard-earned money. Their agenda is to scam you. Here are some compelling evidence that Blanc Invest is a fraudulent scheme:
1. No Regulatory Compliance
Like all other fake financial services brokers e.g. Finanzwelt, Essex Group Incorporated, and CMC Trust, Blanc Invest is unlicensed. The broker operates without any regulatory oversight, contrary to the law.
The product website indicates that the company has an office space in Switzerland.
Despite operating a physical office there, the company does not have a license, a serious illegality. Similarly, it’s not subject to any regulatory oversight authority, including the Swiss Financial Market Supervisory Authority FINMA.
For those who don’t know, FINMA is the federally mandated authority for regulating financial services providers in Switzerland.
It should be noted that legitimate brokers are licensed and regulated by legally recognized authorities. In fact, the first thing you should look out for when in search of a credible FX broker is licensing and regulation. If a broker is unlicensed and unregulated, you know that they are illegitimate.
2. Conflicting, Or False Claims and Promises
Sometimes scam FX (foreign exchange) brokers will make false claims and promises as part of their deceptive practices to attract unsuspecting investors. This is exactly what Blanc Invest has done.
First, I noticed that the company website has provided conflicting information regarding how long it has been in operation. Under the “Company” tab, it says that Blanc Invest has 5 years on the market as you can see in the screenshot below:
A screenshot shows 5 years as the number of years that Blanc Invest has been on the market.
On the contrary, the copyright area on the footer section shows that the website has only been around as from 2024 as you can see in the screenshot below:
The copyright notice in the footer area shows that the website launched in 2024.
Notably, this information tallies with what Scamadviser and smallseotools.com display. Both domain age checker sites show that the domain(www.blancinvest.com) was just a little over one month old at the time of writing this article.
This means that, on one hand, www.blancinvest.com lies regarding how long the company has been on the market. On the other hand, it tells the truth, and the details are just deliberately inconsistent and conflicting, a typical thing with scam FX websites.
Secondly, Blanc Invest claims to have a strict compliance program, supposedly ensuring that the company adheres to all applicable laws and regulations. However, this claim is not true. Remember that the company is not even licensed or operating under the oversight of the Swiss Financial Market Supervisory Authority FINMA.
While all these assertions sound reassuring and convincing, the sad reality is that Blanc Invest are fraudsters. The group has nothing to offer except to con you out of your hard-earned money as evidenced by the additional proofs below.
3. YouTube Reports
Notably, a few credible YouTube channels suggest that Blanc Invest is a fraudulent group.
For example: Broker News describes it as scam brokers operating “blancinvest.com” without a trading license. Similarly, Liberty Reviews(a second YouTube channel) refers to Blanc Invest as a fake broker, urging investors to avoid collaborating with the company.
Likewise, Verified Forex Review(a third YouTube channel) warns that Blanc Invest is a scam, cautioning viewers to avoid it.
4. Misleading Blanc Invest Reviews On Google
As you’ve seen, YouTube has a few negative reviews of Blanc Invest, suggesting that clients aren’t satisfied with the services of this broker. On the contrary, Google has numerous blog posts that talk positively about this so-called broker, making you believe that they are legit.
However, one thing you should realize is that scammers sometimes pay like-minded authors to promote their scams by writing good reviews of their products. That means, in as much as there are several positive Blanc Invest reviews on Google, it doesn’t necessarily mean that the broker is legit. The fact that a few blogs report blancinvest.com to be a scam tells you that those reviews cannot be trusted.
For example; Personal Reviews(a broker review blog) points out that Blanc Invest doesn’t fall under any regulatory agency. Cautioning that that’s a major red flag, it urges potential investors not to put their money into the platform. It further brings to light the fact that this company collaborates with automated trading software known to scam people.
Similarly, TopeEdgeFX(another broker review blog) reveals that blancinvest.com doesn’t offer demo trading accounts. This denies new traders an opportunity to practice and master trading before investing real money. Again, this is another major red flag.
Furthermore, it points out that this broker overly pushes investors to try out their so-called managed accounts services to supposedly enjoy access to professional expertise. While these services aren’t a red flag per se, they’re a big no when it comes to brokers who aren’t regulated. This is because of transparency and honesty concerns, which may put investors’ funds in jeopardy.
My Final Verdict On Blanc Invest
In summary, blancinvest.com is not the right platform to trade currency pairs, stocks, indices, and other assets.
This is because this entity is controversial and uses tactics I’ve seen with numerous scam brokers, including the above.
Blanc Invest is dishonest when it comes to some details about its business, unlicensed and unregulated, as well as mentioned negatively on YouTube and Google. This company uses “support representatives” in Canada, Belgium, Australia, and the United Kingdom to create a false impression of a professional FX broker who takes customer support seriously.
By choosing to invest with them, you can be sure that you’ll eventually lose at least $1500, which is the minimum deposit.
Pursue Your Funds!!
Have you been scammed by Blanc Invest or any other similar broker? If so, and you have evidence, go to this page to report the scammer and seek help. You may also send an email to scamread@scamreader.info.
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I’ll be following this story closely now. Thanks for the heads-up