How do you check the legitimacy of investment platform

[Trexxxy]

With the emergence of different investment platform in today's market. How do one avoid scams that masquerade as investment platforms?

 

[Ehizzy1]

There are obviously many ways to check if an investment platform is legit or scam , you can make reearch about the platform form by checking the social media page and others

 

[ivanr01]

My ways to check company are:
Check monitors websites
Check trust pilot
Check websites,which are on same ip address.
This are methods used by me,if there is more experienced user,lets talk

 

[Kamon c4]

Make researches on the platform
Question the credibility
Know which legal backing they have
Check their ‘about’ is they’ve the backing of a reputable firm or company

 

[Braga13]

First thing i made some research and ask in forums then if there's good thoughts abt that site i invest small deal of money than if i earn well i invest higher

 

[Lyrrex]

With the emergence of different investment platform in today's market. How do one avoid scams that masquerade as investment platforms?

Just so many investment platforms coming up here and there. The best way to know if a platform is legit is by doing proper research and reading enough of reviews from users

 

[Arwhank]

I only do research and look at reviews on the platform, if indeed the platform is really legitimate, there are many positive reviews on it.

 

[Yugocean]

I actually start without investment and only invest what I afford to lose. No guarantee with investing platform.

 

[Josemendez]

Checking their online reviews , investing on them when they are new , if their reward is too good , it is mostly a scam . And finally investing what you can afford to lose .

 

[Goodday]

With the emergence of different investment platform in today's market. How do one avoid scams that masquerade as investment platforms?

I think the best way to identify a scam investment platforms is by looking at the investment returns. A legit investment platform can't pay more than 10% interest daily unless it's a hyip. Also, please try to search on the internet and see what others are saying that platform to whether it's safe or not and these two really helps a lot.

 

[Holluwaphemmy]

I don't really know much about legitimacy of investment platforms but you should be able to make research on your own. But I'll be very happy if you can shed more light on it in this thread so that I can also know how to check legitimacy of investment

 

[Nurudeen]

If you want to invest in a platform and you are doubting the authenticity of the platform just go ND read a review about what people are saying about the platform. If the platform is a scam PLATFORM you will definitely see one or two or more people that will tell you to keep off.

 

[Damismiling]

To ascertain the legitimacy of any investment plan and schemes requires patience and deep research , do a thorough findings on how the investment looks like by asking questions, go online and check their review, read the comments of people on that site, if you are convinced enough then go into it.

 

[Sake]

Most of these investment websii online only last a few days or weeks so searching if it's legit might not be a good idea. I think the best you can do to avoid them is don't invest on platforms that promises high return in a short period of time. If you still wants to. Only invest on projects that's not even a day old yet.

 

[Niftyyem]

For any research to be made regarding investment opportunities, I would suggest using unbiased platforms such as forums where you can see and read the experiences of people who have invested on such sites. Reviews online may be compromised but you don't get deceptive review on interactive forums such as this.

 

[Akinwale701]

With the emergence of different investment platform in today's market. How do one avoid scams that masquerade as investment platforms?

First of all, I'll suggest you read more about that platform on Google. there are a handful of websites that undertake reviews about investment platforms, from here you'll know what you're going into. also, after deciding to invest in such company, don't put all your eggs in one basket.

 

[Sincerem]

First of all, I'll suggest you read more about that platform on Google. there are a handful of websites that undertake reviews about investment platforms, from here you'll know what you're going into. also, after deciding to invest in such company, don't put all your eggs in one basket.

Fantastic quote, it is necessary to always make research about a site that is an investment type. Google is a nice place for that, their are lots of sites that always write reviews about any emerging or long lasted website of that kind.

 

[Kelvin7656]

Financial fraudsters use sophisticated and effective tactics to get people to part with their money. Here are six steps you can take to help you spot an investment scam.

1. Verify credentials. Don't fall for a fancy title or other trappings of success. Fraudsters hope that if they look successful, you won't bother checking their credentials. Investment professionals must register with FINRA, the Securities and Exchange Commission or your state securities or insurance regulator. You can use FINRA BrokerCheck, a free online tool to get information on brokers and investment advisers.
2. Don't chase "phantom riches." Be skeptical of investment pitches that guarantee a certain return or promise spectacular profits. They are what fraud-fighters call "phantom riches" that you will never see. No salesperson can make those kinds of promises. The reality is that every investment involves risk.
3. Ignore the "everyone is doing it" story. Don't believe claims that "everyone" is in on the deal. Be wary of a sales pitch that focuses on how many people are investing, without telling you why the investment is sound. Remember, affinity frauds are scams that prey upon members of the same social circle, religious group or ethnic background.
4. Refuse to be rushed. If the salesperson tells you that the offer is for a limited time only, or that investment opportunities are limited, consider it a red flag. A legitimate investment will still be there tomorrow.
5. Never feel obligated. Don't invest because the seller gives you something for free. Salespeople count on those freebies to guilt you into buying what they are selling.
6. Arm yourself with information. Learn to spot the red flags of investment fraud so you can protect yourself and your loved ones. Go to SaveAndInvest.org for more information.

 

[Abdulmumeen]

I don't really know much about legitimacy of investment platforms but you should be able to make research on your own. But I'll be very happy if you can shed more light on it in this thread so that I can also know how to check legitimacy of investment

 

[kayode10]

Number one red flag on any investment I come across is huge return in short time. It the scam investment program with will promise huge return with little Investment in short period of time. Another reg flag is hidden charges that were not part of their promotion. Once the investment program keep charging you from your initial capital, it is a scam.