Safe Invest Trades is a forex broker whose official domain was registered on July 11, 2023. It primarily offers investors trading services in financial derivatives such as forex, stocks, indices, energies, metals, and ETF contracts. This broker does not provide services in jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
Public information on the Safe Invest Trades official website indicates that this broker encompasses multiple corporate entities and is regulated by various regulatory bodies. Among them, Safe Invest Trades Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC), with license number 1780019. Safe Invest Trades (registration number HRB11677B) is the designated agent of Ultra Booster Trade Ltd registered with the German Federal Financial Supervisory Authority (BaFin). Additionally, this broker has been authorized by the Financial Services Commission (FSC) of Mauritius as an investment dealer on October 2, 2017, and is regulated by it, with license number C17554381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA), with license number SD0175.
Upon verification of its official website's public information, none of the regulatory registration information for this broker could be found with the Cyprus Securities and Exchange Commission (CySEC), the German Federal Financial Supervisory Authority (BaFin), the Financial Services Commission (FSC) of Mauritius, or the Seychelles Financial Services Authority (FSA).
Account Opening:
To open an account with Safe Invest Trades: visit the broker's official website, click "SIGN UP FOR FREE" on the homepage or "SIGN UP" at the top right corner of the page to access the account registration page. Fill in personal information such as name, email address, set a login password, and submit. After submitting the application, the account will be successfully registered.
Account Types:
Safe Invest Trades offers a demo trading account and four different types of trading accounts: STARTER, BASIC, PRO, EXECUTIVE. However, details such as spreads, trading leverage, margin call/stop-out levels, contract sizes, trading commissions, minimum/maximum trade volume, maximum open/orders quantity, and minimum price precision are not disclosed on its official website.
Trading Platform:
Safe Invest Trades offers a proprietary trading platform to its users.
Deposits and Withdrawals:
Safe Invest Trades supports deposits and withdrawals through local banks, E-wallets, or cryptocurrencies.
Conclusion:
Traderknows reminds investors that Safe Invest Trades is a scam platform providing false regulatory information and enticing investors with so-called high returns. Traderknows advises investors to choose brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary losses to their assets.
Currently, this broker is marked as a "Pig Butchering Scam" on Traderknows.
