BrokersView
Search
Download
English
Sign In

Rise Invest

Save

Operating status: SCAM

Website: https://riseinvest.me/

Broker violations and abnormal records
  • 2023-08-07 The Germany's BaFin issues a warning against Rise Invest

    On August 8, 2023, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company Rise Invest and the services it is offering, saying the company is offering financial and investment services on its website riseinvest.me without the required authorisation, is not supervised by BaFin, and is not affiliated with the supervised company Finanzinvest Consulting GmbH. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_07_08_riseinvest_en.html;jsessionid=E70345C7F9EF89D3EE3461FDC27A9C11.1_cid500

    On August 8, 2023, the Federal Financial Supervisory Authority (BaFin) warns consumers about the company Rise Invest and the services it is offering, saying the company is offering financial and investment services on its website riseinvest.me without the required authorisation, is not supervised by BaFin, and is not affiliated with the supervised company Finanzinvest Consulting GmbH. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_07_08_riseinvest_en.html;jsessionid=E70345C7F9EF89D3EE3461FDC27A9C11.1_cid500
  • 2023-08-10 BrokersView has reviewed that Rise Invest is an unregulated broker

    While Rise Invest provides an address in the UK to appear legitimate, it still turns out to be a fake platform as there are no matching records in the register of the Financial Conduct Authority (FCA).

    Furthermore, the Federal Financial Supervisory Authority (BaFin) warns consumers about Rise Invest and the services it is offering, saying it is offering financial and investment services on its website riseinvest.me without the required authorisation, is not supervised by BaFin, and is not affiliated with the supervised company Finanzinvest Consulting GmbH.

    In essence, Rise Invest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    While Rise Invest provides an address in the UK to appear legitimate, it still turns out to be a fake platform as there are no matching records in the register of the Financial Conduct Authority (FCA).Furthermore, the Federal Financial Supervisory Authority (BaFin) warns consumers about Rise Invest and the services it is offering, saying it is offering financial and investment services on its website riseinvest.me without the required authorisation, is not supervised by BaFin, and is not affiliated with the supervised company Finanzinvest Consulting GmbH.In essence, Rise Invest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

What withdrawl method does Rise Invest offer?

Itamar Nazim
Seychelles
2023-09-08
ANSWER While selecting a forex broker, its regulatory compliance must be your number one focus. Since Rise Invest is an unlicensed platform, we strongly suggest you avoid it.While Rise Invest provides an address in the UK to appear legitimate, there are no indications that it is registered with the Financial Conduct Authority (FCA). This is a red flag.Furthermore, the Federal Financial Supervisory Authority (BaFin) warns consumers about Rise Invest and the services it is offering, saying it is offering financial and investment services on its website riseinvest.me without the required authorisation, is not supervised by BaFin, and is not affiliated with the supervised company Finanzinvest Consulting GmbH. The full warning can be accessed here.Given its unlicensed status and the BaFin warning, investors are strongly advised against dealing with Rise Invest. It poses significant risks to traders. Individuals engaging with this platform are vulnerable to fraud and identity theft, as there are no rules in place to protect them. Therefore, to mitigate such risks, we highly recommend choosing a fully regulated broker instead.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.