How do you check the legitimacy of investment platform

[Nomad]

Check online reviews. Even though reviews can be manipulated and companies pay freelancers to write fake reviews, there might be still some genuine reviewers. You can also ask questions on the question and answer sites like quora, where you are likely to get genuine reviews.

 

[GIFTMICHAEL]

You can perform a thorough research on that company to ascertain the legitimacy of the business.
Today there are fake online company and if you don't ask questions about them they appear to be real.

They offer all the guarantee and benefits.
They make use of referral
They do not use legit third party account. Etc

 

[Abigael]

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

There are things that you can see in investment platform on your own and just sense danger. One of them is promises that seem too good to be true. When a site promises to give back high profit for your small investment in just a short period of time, just know that that might be a scam. You can also check for their legitimacy through people's reviews in forums. Do not assume when you several negative reviews.

 

[Gilead]

Sometimes when I try to indulge in some online investment platforms, they canbe very tricky, so I always check their credibility via Google and I ask around from potential prospects that knows the platform very well.

 

[Neeta313]

I would say from the return of investment, if the return of investment is too good to be true, then you need to think twice about it. Also check when they started, are they new to the system, because there are alot of sscammers everywhere, so onguye needs to be extremely careful.

 

[Nicklas22]

There are different ways to check is an investment platform is legit or scam
You have to check if the business name as been registered under CAC and if they have been registered you have to take the number and go to CAC home page and search

 

[Sheyemanu]

There are numerous ways you can fish out scam projects online when you want to invest. A way I have been using is by doing your due diligence on the owner of the company/business or project. Check to see if the founder or owner is not anonymous and is not someone that just came out of the blues from nowhere

 

[Usman Sattar]

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.

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.

 

[Setfragil]

It is true that there are many scam investments everywhere which is hard to different the good ones from the scam ones. When you want to invest on any business make sure to ask around about the business or you can research online and read the reviews of past users. Then, you can base your judgement on that and decide whether to invest or not.

 

[Kunkun]

Well for me before I start any endeavor online i always like to check out the reviews online by googling it so as not to waste my time it it turned out to not be legit

 

[Heatman]

Personally, I don't really deal with any online investment platforms when I haven't checked them out on TrustPilot.com in order to get more reviews online.

 

[Eodine]

According to the little I know is that the best way to approach a scam website is just by looking and reading between the lines as most scam are just after the money.

 

[Chibson]

There are several unscrupulous platforms online looking for who to scam. First of all I check websites like trustpilot and so many of them before trying to invest my money or time in any business online.

 

[Sincerem]

Anyone who delve into online investment without checking its legitimacy through others reviews, is taking a big risk to lose it all. We ought to listen to what people say around the investment site, before deciding on it.

 

[eLdavis]

There are so many professional ways to actually check, like going to websites that detect scam sites or checking ip address and all that.. but for my self what i usually do is, i make research. when was the plathform founded, who founded it, payment reviews and ratings, and also i investigate the customers and observe them before i even start thinking of joining

 

[Abigael]

Well for me before I start any endeavor online i always like to check out the reviews online by googling it so as not to waste my time it it turned out to not be legit

Reviews are surely the best for checking the legitimacy of a site. Though you should be careful about which sources of reviews to trust as some of them may be scammers themselves luring you to their sites with very good reviews.

 

[Heatman]

You just have some very good points then there is no way that people will not know about it and people must have invested in it that you can be able to verify that they are real people and not just proxy.

 

[Kunkun]

Reviews are surely the best for checking the legitimacy of a site. Though you should be careful about which sources of reviews to trust as some of them may be scammers themselves luring you to their sites with very good reviews.

Yeah you are definitely right, that thought came to me too but what I do is I don't just check one site I check lost of review sites and also check the credibility of such sites too

 

[nimzy]

There are may ways in other to avoid being scammed or check the legitimacy of platform for investment. in think the most and simple way is to embark on survey of all kind specially or purposely to have a better and good knowledge about the operation of the platforms by asking questions from well experience individuals whi have engage.

 

[Richard92]

There are may ways in other to avoid being scammed or check the legitimacy of platform for investment. in think the most and simple way is to embark on survey of all kind specially or purposely to have a better and good knowledge about the operation of the platforms by asking questions from well experience individuals whi have engage.

the best way you can check on the legitimacy of an investment platform is to investigate and hear from others who have made use of this platform to know their opinion about the platform.