86 reviews of InvestTechFX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I have recently opened my account and wanted to transfer funds to start trading. After reviewing these comments, I am confused to decide. I don't know should I start or not.
I ask them to close my account and I have wrote a dozen of e-mails to Investtech but no reply
InvestTechFX vs Steven G Lawyer Respond:
The writer represents InvestTechFX and its principals. We have researched and note your complaints against InvestTechFX. There is no doubt you are entitled to criticize my clients’ company if you do not consider their services exemplary, but you are not entitled to libel and slander the company and its principals. You have a part of the story and my clients have their part which they will publicize if you do not apologize for the contents of your blogged correspondences. Your insults about their professional integrity and their business ethics will not go unanswered.
You verbally and in writing confirmed that my clients should close all of your open positions. Notwithstanding this part, you continued to smear my client’s name with defamatory statements which are untrue and knowingly false. Your aggressive statements on your blogs on the website indicate you will not stop at anything until you embarrass my clients or libel their good name and/or reputation so that you can extract a settlement from them.
If all statements are not dropped by you on the websites and a letter of apology posted, then my clients will initiate a libel and slander action against you without any further notice to you. We expect an unequivocal apology and assurance from you that your actions will cease and that you regret the action you have taken to date.
My clients are always ready, willing and able to review your account with you in a businesslike manner with or without counsel.
We anticipate your immediate response.
J.S - Barrister and Solicitor
ITFX has given me a lot of bull about closing and refunding money. So far, I have eleven complaints that are about to be filed with over a dozen agencies or review services. They refunded me a portion of my money, then took back some of the bonus incentives they used to bribe me to open an account. So far, they owe me over $28 K. SCAM is an understatement. Try criminal. That's coming...
Good morning to all
I have more than one year an account with InvestTechFX
I started an account with a deposit of $ 500
after a few months my account was doubled ... so I decided to make a withdrawal equal to the amount of my initial deposit ... after 24 hours I was contacted by telephone by an employee with a very kind and good knowledge of Italien language.. . asking me not to withdraw my money until the end of 2011 ... I opened the account in October 2010 and asked for the removal in January 2011 ... Also the clerk told me that if I left my money with them I would credited with a bonus of 10 %.... I explained to him that the charge was only $ 500 ... that is exactly what I had paid the bill and still had enough time on the availability .... I still used the again asked to keep my money until the end of 2011 ... However, after hours then 24 hours exactly 72 hours after my request i received my money credited to my account Pay pal and a bonus of 10% on the remaining amount my account .... I actually still be on investTech account and the account that has the best performance, even if I did, however, is only one withdrawal of $ 500 ... my money is returned all in Italy. .. I'm currently managing only gains ...
I'll try to keep the promise not to withdraw from this account until the end of the year I will try to pick up in January of 2012 .... so far I feel I can still recommend this broker considering all ... there are other much worse and that does not make you never earn anything ....
Good trading to all
My brother and I also were under fraud by Investtechfx.
I emailed them three times and asked them to close my account and send the rest of my balance to my paypal account, but after two weeks I didn't get any answer from them.
At last I went to my paypal account and I clicked on "Request Money" button and send my request from there, and also I insert a note for paypal that "I have sent three email to Investtechfx but they didn't answer me so I am trying this time from my paypal account".
Believe it or not in less than 48 hours they answered me and they send my money to my paypal account, so I suggest everybody to do the same like me, go to your paypal account and click on "Request Money" button, also make sure to write a note for paypal, they should know about Investtechfx.
And also I did file a complaint against Investtechfx to cftc.gov, nfa.com and osc.gov and I am waiting for the results and I think everybody should the same, file a complaint to thoes agencies.
I don't know why this site is even posting anything to do with this scam. They are anything but legit. Try getting your money back the have a 120 day wating clause before you can ask for your money... if you do wait that long YOU WILL NOT GET A PENNY BACK - CHECK http://www.forexpeacearmy.com/public/review/www.investtechfx.com
Thieves!!! That's all about InvestTechFX...
the reason i started trading with these guys is because of the low spread of 0.5 that they give on some of the majors, you cant really find something that low with other companies. the staff I spoke to were pretty friendly & helped me out with a technical issue that i had. if you have more than 1,000 in your account with these guys, there will be alotta benefits for you. Overall theyve been good to trade with.
Invest Tech FX will not give me my funds,have requested a withdrawal for over 4 weeks now and they just keep giving me the run around and pure bulls*** excuses and won't give me my funds.
What is really going on the invest tech fx are they scammers or just thieves?
Very satisfied, with Invest Tech FX. The trading bonus has helpped me very much.
Nice staff, I long term trader good leverage and excellent on metatrader.
My experience with investtechfx has been terrible in the past. i'm lucky only to not have deposited much money with them. it is usually people with a lot of money that really get it bad from them. Please if u have any common sense at all, don't put your money with investtechfx because they are not a regulated forex broker and their business practices are unethical. same as 1pipfix and alot of other crap companies.
My husband has traded with ITFX for a little over 6 mos, before we read any negative review about ITFX. At the beginning of last week we asked to close and withdraw our funds from his account, he studied hard, worked hard, gained a profit from his inital 2K to a little over 5K. My husband contacted them by email on THIER site, however, there was no way for us to track that we had ever even sent an email, then the word \\\\\\\"scam\\\\\\\" came up, we started our own research and found out all kinds of folks were having money graciously accepted by this company but were not able to withdraw from this company, even tho IT IS OUR MONEY, OUR HARD WORK, that would make ITFX any money!!! I realized the emails were going no where as a result I insisted I fax our withdrawl form, that way we HAVE proof of our request, as of Monday they assured me no more than the promised 72 hrs, to make sure there was absolutely no delay in our funds coming thru, I called, spoke with Amanda on Monday she did confirm the bank withdrawl fax was rec\\\\\\\'d on Monday March 7, to make sure ALL necessary paper work was in order to make thier job easy our money easy to access quickly....today, my husband rec\\\\\\\'d an email as for copies of his ID, drivers licence, along with a piece of info with our mailing address on it, faxed it immediately, questioning Amanda why she did not disclose that we needed this info last week, before the third attempt to get our funds, today, she assures me that it will not hold up our funds, as I was promised the funds NO LATER than tomorrow eve. As I privately researched to the wee hours of the am, I decided to punch in the phone no. (a piece of advise given to me by our local phone co. using the reverse phone search method, putting the phone no. in the search engine to be sure a co is legite) UPS,kinda strange not related to anything Investtech or ITFX or Investech or any brokerage for that matter. If our money is not in the account by tomorrow as repeatedly promised, we are not afraid to take it to the press, and expose them, if they truly are the fraud it is beginning to feel like they are, when you read the reviews, we are not the only ones concerned, anyone else debating a move with any of these companies InvesttechFX, Investech, ITFX, pls....do your homework, I am not qualified to say for certain they are a scam, it sure feels like it. They claim the money takes 72hrs to transfer, yet me a \\\\\\\"little gal\\\\\\\" can transfer funds within 20 minutes to the same city they are in...or claim to be in. I do not understand we have to do this check or that check, they never had to do that when they happily took my husbands money that he had to work so hard to obtain in the first place. The more I research, the more BAD NEWS, it is heart wrenching to hear reviews of people that have sunk many K\\\\\\\'s into this co. not able to re coup them, they to have lives and DESERVE thier funds. This negative publicity would not be there in the amount that it is, if at least some of it were not true, as they saying goes, \\\\\\\"behind every rumor is a grain of truth\\\\\\\" Hope our money comes thru tomorrow, we will keep you posted. Pls note someone else has also posted info to contact the TORONTO ONTARIO POLICE if you feel you have been scammed by this company. My moral of this story, study hard for a good broker, people as a rule do not write nasty stuff without some good reason, ask tons of questions, every claim they make to belong to a company ie CDIC follow it up to be SURE, if you do go with ITFX keep every shred of paper and every call documented or recorded you may need it. Sincerly, the concerned wife of investor of Investtech FX not wanting ANYONE out thier to be hurt. Will keep you posted, as for us, if it does not come thru, we will be going public.
The following is an official response from InvestTechFX -
InvestTehcFX has worldwide affiliates including Introducing Brokers (IB) and White Label (WL) that use our MT4 software trading platform for their customers. Those affiliates have their own independent business practices and websites which their customers are advised to adhere to. These IB’s have their own independent business practices, websites, company names as well as their own policies and disclaimers. Our affiliate’s customers are advised to follow all policies between all parties. To protect the practices and maintain ethics between affiliates and the clients, InvestTechFX recommends our affiliates use the InvestTechFX’s legal disclaimers or those similar in order to prevent any future misunderstandings between all parties and representatives.
Warning!!! InvestTechFX(ITFX) is running away with our money! This is their new website: http://www.intertechfx.com.
This website was registered three months ago. And its name is also ITFX! You can find that its trading condition is exactly the same as InvestTechFX!!! The content of webpage http://www.intertechfx.com/Disclaimer.php is exactly the same as http://investtechfx.com/ITDisclaimer.asp!!!
ITFX is ABSOLUTELY a SCAM!!! If you want to withdraw the profit with part of your deposit, you will get nothing except all kinds of excuses that don't allow you to withdraw. My three friends and I are all cheated by them. We can provide all the evidence including emails, online chats, and all the histories of trading orders.
Don't believe so-called VIP account. They cheat you to trade for fully one year and claim that you can withdraw after one year. But when my friend requested withdraw after one year trading, they unexpectedly found other reason to renew the VIP account for another year and didn't give him any real money!!! In short, you never could withdraw any profit from them!
All the people that I know who opened their accounts in ITFX are cheated!!! ITFX is really a bullshit!!!
Anyone who makes money and take out the profit, show us your proof! ! !