✔️ Information reviewed and updated in November 2024 by Eduardo López
IS Finotive TRUSTED? REVIEWS
CONTENT
In this post I will be reviewing Finotive. (with website finative.net) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think Finotive is an UNSAFE company AND I CONSIDER IT UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
Information | About the company |
---|---|
(I.e. Company | VT Group LTD. |
???? Address | Cyprus |
📄 Attend the event | Not mentioned |
🛡️ Regulapain | Not mentioned |
️ ️ Telephone number | Does not have |
[email protected] | |
🌐 Website | finative.net |
???? Live Chat | Yes |
💳 Payment methods | Credit card, cryptocurrencies |
❓ Company type | Forex, Futures, Cryptocurrencies and CFDs. |
📞 LIST OF PHONE NUMBERS:
The company does not mention any contact telephone number.
💰 DEPOSITS AND ACCOUNTS:
Here is a brief analysis of the types of plans Finotive offers; they are divided into 5 plans. Here is a table with a little more information about the minimum deposits by type of plan.
TYPE OF PLANS | MINIMUM INITIAL DEPOSIT |
---|---|
Micro account | $1.000 |
Classic account | $5.000 |
Silver Account | $20.000 |
Gold Account | $50.000 |
Platinum Account | - |
Micro account- $ 1.000 minimum initial deposit, basic market introduction, up to 10% bonus, live session.
Classic account- $ 5.000 minimum initial deposit, advanced market introduction, up to 20% bonus, live session, e-books, trading signals.
Silver Account- $ 20.000 minimum initial deposit, basic market introduction, up to 40% bonus, advanced live sessions, e-books, personal business plan, flexible spreads and swaps, trading signals.
Gold Account- Minimum initial deposit of $ 50.000, full educational package, up to 75% bonus, advanced live sessions with the chief analyst, personal business plan, individual risk and money management plan, flexible spreads and swaps, no commission from withdrawal, negotiation instruments.
Platinum Account: full educational package, unlimited live sessions with the chief analyst, long-term business plan, individual risk and money management plan, lower spreads and swaps, no withdrawal fee, full package of instruments, training in psychology of market, signals, annual convention of operators.
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “finative.net” was registered on December 1, 2020. That is, it is a website that is not very old. 🚩🚩
- The website mentions which company it belongs to, but I have not been able to find “VT Group LTD.” in company records. I think it may be a fake company.
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company.
⭐ Finotive REVIEW:
After having carried out an analysis of the company, I have come to the following conclusions:
Location: The company is located in an unsafe place such as Cyprus
Regulation: The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
Domain registration: “finative.net” was registered on December 1, 2020
The company has a very bad reputation on the internet, I have already been able to find customer complaints.
“To be honest with you, I would not invest in this type of company that is not regulated.
He mentions belonging to “VT Group LTD.“which appears to be a fake company. I honestly cannot recommend such a company.”
💬 WHAT TO THINK ABOUT A COMPANY LIKE Finotive?:
Finotive broker is an investment platform that offers its users access to various financial markets, including Forex, Futures, Cryptocurrencies and Contracts for Difference (CFDs). This variety of assets allows investors to diversify their strategies and explore opportunities in multiple areas of the financial market. Finotive indicates that it is part of VT Group LTD, an entity that supports its operations and provides support to its corporate infrastructure.
In terms of location, Finotive is based in Cyprus, a region popular among brokers for its favorable environment for companies in the financial sector. However, a crucial aspect to consider is that Finotive does not mention on its website that it is regulated by any financial authority. The absence of regulation indicates that Finotive operates without being subject to the regulations and supervision that regulatory bodies impose in other jurisdictions, which may imply a risk for investors, since there are no guarantees of security and transparency.
In terms of account types, Finotive offers five different plans: the Micro Account, the Classic Account, the Silver Account, the Gold Account, and the Premium Account. These options provide flexibility to choose the level that best suits each investor's needs and experience. However, given the lack of regulation, it is essential that users carefully research the conditions and features of each plan before deciding to invest, always evaluating the risks associated with trading with an unregulated broker.
📣 LATEST UPDATES:
1) Attention: According to customer messages, Finotive is related to finexics, a broker accused of defrauding hundreds of people and who has already been warned by various authorities.
2) May 2021 Update: Austria's financial regulator FMA has reported Finotive for fraudulent activities.
3) June 2021 update: Spain's financial regulator CNMV has reported Finotive for fraudulent activities.
4) October 2021 update: CySEC, the financial regulator of Cyprus, has reported Finotive due to fraudulent activities.
✔️ CLAIM MONEY FROM finetive:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT TO finetive:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
finetive is an investment company Forex, Futures, Cryptocurrencies and CFDs.
Considering the different characteristics of this company, I must rate it as a very bad and very unsafe company.
finetive It is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
All very nice at the beginning but in the end they did not let me withdraw, I am still waiting after 1 month, how can I do
Hello Gabriela, this broker called Finotive is a SCAM, many investors have denounced Finotive for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. It's a SCAM and does not return money to its customers.
ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE !.
We recommend that all those affected try to recover the money through companies specialized in this type of management from the CHAT that we have on the web or in the following link:Get your money back, we are on your side
Greetings.