Sierra Invest Review

Read our Sierra Invest review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a sierrainvest.pro review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Sierra Invest is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Sierra Invest in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.

Sierra Invest Review Conclusions

Making the Sierra Invest review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Sierra Invest review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

Was this article helpful?
YesNo
etoro

18 COMMENTS

  1. Ho investito euro 300 tramite il broker Henry Reid di SIERRAINVEST in novembre. Poco dopo mi ha sollecitato ad investire altre 700 e poi ancora 1.300 euro (tot. 2.300). Dopo due mesi avevo superato i 5400 con i profitti. Chiesto l’accredito di tale cifra, prima lui, poi un sedicente funzionario di COINBASE, mi hanno ripetutamente telefonato per dirmi che “AVEVO SUPERATO IL LIMITE” (non mi sapevano dire altro), per cui per riavere il mio capitale dovevo versare altre 5.000, poi scese a 3.000 euro, per ottenere l’accredito, non dicendomi che fine avrebbe fatto quest’ultima cifra. SONO STATO DERUBATO COME UN IDIOTA DA FURFANTI E IMBONITORI IRRINTRACCIABILI !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  2. Andrea bisogna denunciarli, io sono stato truffato con una cifra minore ed ho qualche dato che si può utilizzare. Se vuoi chiamami

  3. Ciao sono dei truffatori, presto avrò dati più precisi e li pubblicherò sperando non ci caschino altri idioti come me!
    Attenzione a personaggi come Lars Bergman.

  4. Ciao anche io sono stato truffato avete modo di mandarmi i vostri numeri così ci possiamo aiutare grazie

  5. Io ho trovato anche altre persone su Facebook sempre truffate. Per Samuele Andreoli se vuoi ci sentiamo via email. Per Edgar spero tu riesca a fare qualcosa. Io ho fatto esposto alla Consob ma ovviamente serve a poco. Grazie a tutti

  6. Qualcuno ha il cellulare di Henry Reid ? Secondo me ha cambiato numero. A parte che a me mi ha bloccato ovunque ma quel numero non funziona più. Grazie

  7. Pozdrav, prevaren sam na ovom sajtu, ulozio sam novac i sada ne mogu da vratim novaj koji sam ulozio i zaradi9 na sajtu. Vidim ga da je tamo, ali ne mogu da ga skinem sa sajta. Da li mozete nekako da mi pomognete?

  8. I saw an ad of Elon Musk and a new bitcoin platform what’s selfworking…i signed in..after 2 min.allready called me a meneger..not important the name because they all having pseudonims and calling from a phonenr. of other country not where there living.My account manager was just David but at the deposit I had some issue on laptop and he helped me out with anydesk..and I saw the name Kamil K.(russia).after the deposit (250$)i recieved this message on whats up:
    *
    when you are contacted by your expert, you must provide the following documents (images) to ensure the security of your personal funds on your trade balance.
    The documents are:
    1. Proof of identity (national ID)
    2. Proof of residence (an official document dated in the last 3 months, issued in your name, showing your full address, with the issuer’s logo: electricity bills, water supply bills, fixed telephone bills or gas bills )
    3. Proof of payment (Copy of payment card used for deposit: Hide all payment card digits except the first 6 digits and the last 4 digits).
    These are the examples of how it should look like:*
    -Hell no!!-
    But after a few hours waiting i had another call from Delta trading,i said nooo,,,and after depositing called me the expert who maked an appointment for after two day..that was today..however she didn’t but wrote only that there are technical problems..so I wonder how can I really fast end it..
    Name of expert: mirela.flaurasR • [email protected]
    Oh and I had also a call from https://inertiafinance.co/sign-in…who asked me to deposit another 250 $..but I didnt
    I dont like this ,they are not serious and I’m affraid allready for broking my account..how fast I can I will go to the bank…

  9. Hello
    I am writing to you as a cheated client of sierra invest.
    On 26.05.2022, we invested 1000 euros, deceived by the promises of their representatives.
    to date, the amount has doubled to 2,000 euros.
    This seemed very suspicious to me, in addition to the fact that I was bombarded daily with messages and phone calls to invest other sums of money.
    On 19.05.2022 I asked to make a withdrawal and from here all kinds of negotiations started to convince me not to withdraw: that it is not possible, that the system is shutting down, etc etc ..
    During today I received 2 invoices from a Turkish company, invoices for the purchase of some software. this clearly shows that they want to disguise fraud and make transactions legal. In the meantime, my contact details have been provided to other people in other countries, Switzerland, Austria, Latvia, Lithuania, people who are trying to persuade me to invest in cryptocurrencies as well.
    Please guide me to file a complaint with the authorities to avoid cheating others. are there any chances that I will get my money back? Did any cheating person recover his money?

  10. Dieta zice ca a depus banii pentru mine la banca Nordea am plătit o taxa pentru documente au zis ca totul este ok și ca in cinci zece minute banii sunt in cont.A dus zi au zis ca au depus banii pe platforma Sierra și dacă-mi vreau banii sa depun din nou o alta taxa pentrilu documrnteAsta se intampa or 17 August si de athnci ma Lipton cuei si ma jignesc in tot felul si ca daca nu Mai depun o data mu-mi Mai bad banjo, sfatuitima sfatuitima cum da mai procedrz cu do. Bad ca cei de la Sierra si cei de la ban a Nordeia SUNY mana In mana…

  11. Si eu am fost înșelate cei de la Sierra Invest am depus 4000 de euro + 3600 cu titlu de impozit catre HMRC din UK pentru un profit de 20 000 de euro pentru care mi s-a trimis un formular HMRC din care rezulta profitul di impozitul de 18% deoarece eram cetățean non UK ulterior mi s-au cerut incs 750 de euro vu titlul de schimb valutar pti banva Nordea pentru care au mai trimis un document cu antetul Nordea dpa vste nu am mai putut contacta pe nimeni.

LEAVE A REPLY

Please enter your name here
Please enter your comment!

This site uses Akismet to reduce spam. Learn how your comment data is processed.