Broker Name- Pichler Invest
Broker Website – http://pichlerinvest.com
Address of the broker – Thurgauerstrasse 36, 8050 Zürich
Broker Company – Not Known
Broker Regulation – None
Warned by- Swiss Financial Market Supervisory Authority FINMA
Pichler Invest is an offshore broker which is not regulated by any reputed regulation authority in its region. The broker may operate in many countries without the regulation required by the reputed regulation authority in its country like CySec, ASIC, FCA, CNMV etc. But regulation can’t be the only reason for calling this broker as a scam. Many Pichler Invest complaints and negative Broker reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with Pichler Invest.
Possible scam activities of scam broker Pichler Invest
Here are some of the possible reasons why we have flagged Pichler Invest as a scam broker in this Pichler Invest review.
- The broker may have made a number of false claims through its website.
- The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
- The Pichler Invest makes continuous calls to the traders and urge them to invest higher and higher amounts.
- The broker promises return which are too good to be true.
- The risk warnings may not be disclosed on their webpage or that would be hidden.
- The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are haven for the scam brokers.
- Pichler Invest provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals and ultimately you are not able to make withdrawal.
- Broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes name and website URL without any notice to existing traders.
Negative Pichler Invest Reviews and Pichler Invest Complaints
Pichler Invest has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed Pichler Invest in the list of scam brokers 2021.
Is Pichler Invest scam or legit broker?
ReportScam does not recommend traders to trade with Pichler Invest and your funds may not be safe with this broker and Pichler Invest review is negative. Instead look for regulated and reputed brokers who can really help in growing your investments.