Read our InteracInvestor review to see if we recommend this broker for trading. Just to clear doubts, this is an interacinvestor.com 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 InteracInvestor 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 InteracInvestor 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.
InteracInvestor Review Conclusions
Making the InteracInvestor 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 InteracInvestor 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.
Thank you for your help. I probably have lost £210.00
I should have checked them out before I made the initial payment.
I will try the procedure you recommend.
Allan
thank you for this information, i have lost my money with them too. and they refuse giving it
back to me… after much persuasions from them asking me to increase the money in my account. when i refused, they stop communicating with me.
It’s a pity I’m just reading about this. I just lost $2,500 to interacinvestor on Tuesday 18/07/23 They are a big scam…I never knew.
I started with $250, and when I asked to have a withdrawal, I was given $50 back..
After a deposit of $1,500 into the account trade got to about $4,500. Then I requested to have my $1,500 back. They guys then refused and told me when I get to $10,000 and my account is very stable, I’ll be able to withdraw. Suddenly, he made me do a trade that sent my equity:margin ratio into a high risk. I started getting Stop Out calls and emails to fund the account or I’ll lose my money. Out of panic and anxiety, I deposited another £800.. then my account went frozen and the money which had accrued to $9,900… suddenly went to 0.00.
Interacinvestor is a big scam.
They got me for $10,000.00CDN. When I went to withdraw it, they told me that I had to pay 20% to get it out. I said it’s going to cost me $2000.00USD to get my money out. And they said yes. That’s our rules. So I then sent $400.00 to get out $2000.00 and they told me that since the Canadian Government has put restrictions on transferring bitcoin to bank accounts that I’m going to have to wait. Im out my money, and they still want me to trade.
Hello don’t put your money with this company they are going to stole your money , don’t felt in the trap of wanting to made easy money , YOU ARE GOING TO LOSE EVERYTHING ,
THEY ARE SMART , IN THIS CASE THEY MAKE YOU WIN , YOU PUT MORE MONEY THEN , YOU ASK THEN TO WITHDRAW AND THE PROBLEMS START , THEY ARE GOIGN TO PUT ALL KINDS OF RULES TO AVPOID GIVEN YOU MANEY , MAYBE THE FIRST WITHDRAW THEY WILL GIVE IT TO YOU BUT AFTER THAT THEY WILL ASK YOU FOR MORE MONEY.
THEY WILL TELL YOU YOU WILL WIN MORE , YOU WILL HAVE BONUS , DONT LISTEN TO THEM
PLEASE CLOSE YOUR ACCOUNT AND DONT PUT MORE MONEY , THERE ARE GOIGN TO MAKE YOU LOSE YOUR MONEY , THEY ARE GOIGN TO TELL YOU TO BUY INSURENCE TO RECOVER YOUR MONEY FIRTS IS 1000 USD TO COVER YOUR LOSE THEN WILL BE 5 K AND THEN YOU WILL SE YOUR MONEY DISAPPEAR , THEY ARE PATIENT , THEY TALK TO YOU VERY NICE,
THEY NEVER USE STOP LOSS SO WHEN YOU LOSS YOUR LOSS BECAME VERY BIG AND YOU NEED TO BUY INSURANCE .
BELIEVE ME I LOSS 13000 USD WITH THEM , AND EVERYTHING HAPPEN IN 3 MONTHS SO AS I TELL YOU THEY ARE VERY PATIENT , AS SOON AS YOU PUT MONEY THEY WANT MORE
SO DONT INVEST WITH INTERACINVESTORS
I already tell you about this company , that they are going to STOLE YOUR MONEY , BUT THE INCREDIBLE THINGS IS THAT THEY THING WE ARE STUPID PEOPLE AND THEY KEEP CALLING YOU , FIRST WAS ROY VEKIC AND THEN JOHN MILLER HOW SAID ITS GOIGN TO HELP ME , AND ASK ME FOR MORE MONEY !!! PLEASE DONT PUT ANY MONEY ON THEM ,
THEY TALK VERY NICE TO YOU BUT THEY WILL STOLE YOUR MONEY
(1/5)
Interacinvest is the biggest scam of all time, and John Miller is the biggest fraudster of our time. The general public should be guided. To risk giving them a trial is at your own peril. Please run for your dear life.
(1/5)
Interacinvestor is the biggest scam. They can take all your money . They will ask you to deposit small money and then will insist you to invest more money. Problem starts when you ask them for withdrawal, will be asked to deposit 10% tax and the withdrawal never going to be a successful one . You will be asked to keep paying for withdrawal and you will end up using all money. STAY AWAY FROM THIS DANGEROUS SCAM!!!
(1/5)
Rate 1 star, but if I could I would put – 10 stars. Same as the other comment. They are very very patient. I started with them last December. Amir Hussain, Richard Sterling, John Miller. Was looking to get my original money back, 20% fee, account I’ve been block, for couple weeks, Called me back to continue trading and told me I will be able to get my money with commercial account with balance of 250K. Did 2 trade with M.Miller and now I’m going negative again. Suggest me to buy an insurance of 4000$. I refused and I’m sure I will loose everything, about 30K USD. 😡😡 Can we report that to police or anything like that?
(1/5)
I joined interacinvestor last July 2023. I’ve lost £15k. John Miller was my account manager and showed me a trading account spreadsheet. You trade and you withdraw 50% of your monthly profit and reinvest the rest.
When you take a closer look at the trading app on your phone it isn’t clearly presented, but excuses are made for this that sounds feasible like, “it’s the phone you are using”
Several small withdrawals are made so confidence is built with him despite underlying concerns that it’s a scam.
From small deposits initially I was told that more money would be required to win bigger trades and progress from currencies to commodities
I mentioned that I wanted to withdraw £15k when my trading account showed $64k, a monthly profit of $20k.
Of course he didn’t want me to withdraw more than I’d put in so a big loss was the only way to stop it happening.
John Miller told me to do a trade on selling Platinum that was showing a heavy minus and I asked him to ring me.
He rang and I told him that Platinum is going to go big buying it, everyone is going to buy it. He told me that I was wrong and we should double down, his words, not mine.
He told me to sell 10 more lots, so I did, because he is so believable, a fantastic fraudster. He also made me do a trade on USD/JPY. Needless to say the trades crashed and my account was left with a few hundred dollars in it. Yes $64k gone in less than 24 hours.
John rang me and I told him I wish I hadn’t taken his advice and instead I should’ve bought Platinum heavily.
He told me he could lose his trading license because I wasn’t the only trader who’d lost money.
He mentioned that his company has insurance for such events and he’d be talking to them and he would get back to me with their decision.
John rang and said his insurance company would pay back all the money for a 10% fee.
I told him I did not have that much money, again I put another £2k in the account and that was lost.
John Miller then put me in touch with Richard Sterling who said he’d put $5k into my account build it up to $38k. I pay back the $5k and withdraw the remainder.
Then I found this review site. Too late I know.
DO NOT BE TEMPTED BY THE SMOOTH TALKING, POLITE SPEAKING CON ARTISTS FROM INTERACINVESTOR.
(1/5)