Read our StormInvest review to see if we recommend this broker for trading. Just to clear doubts, this is a storminvest.io review.
Is StormInvest Legit?
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 infamous for scamming schemes.
So, StormInvest is just another unregulated forex broker, which means the customers aren’t 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 the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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 hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good StormInvest reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 StormInvest?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave StormInvest reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about StormInvest, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
StormInvest Review Conclusions
Making the StormInvest review was our pleasure, and we hope to save as many people 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 StormInvest 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.
Good evening
On 07.12.2023 I created an account on a site where you can buy crypto currencies. The first time I was called by a lady who explained that I can start with an investment of 250/500/1000 dollars, I made the first Transfer. The first money was transferred to another company. later I found out that the site is related to Storminvest.io (the first time it was .io, then .org and now .pro). I was called by an investment broker named Luca Johnson with whom I talked on the phone and Wiber I sent all my personal data to create the account on Storminvest (The number card, CVV number, profile picture and identity card) After a week I saw on the storminvest.pro platform that the money I deposited is increasing. I was asked to install the Anydesk program to make it easier to use the account. The broker is trying his best to invest all my money for a much higher profit. Later, I received a growth graph and with that I convinced myself to invest a total of 24010 eur. But the problem was that I did not have this money, but he, insisting on the potential profit, convinced me to take out a loan at a bank. Not knowing how to proceed, I installed the Anydesk program with which he managed to enter my bank account and submitted a financing request, (I was warned by Luca that I would be called by the bank, and to declare that I did all the steps, and not to say anything about Anydesk or them because if the bank finds out, they won’t approve my credit) the one that was approved, immediately after approval made the transfer to Simplex nevadaex. After the First Transfer, they managed to request another loan in my name from the bank without my knowledge. He did everything online with my pictures that I sent for KYC verification. He said that every week on Friday I can withdraw money. The first withdrawal was supposed to be this week Friday (09.02.2024) when I was called by those from the financial side. I received the information that I have 54117 dollars, I already have it in my account on storminvest.pro, but in order to be able to withdraw to the bank account I have to pay tax in the amount of 6239. Until I pay, I cannot receive money from them. At this point I thought that I had been deceived. I started looking for information about bank transfer and found that the money has reached simplex nevadaex.
With this post I would like to warn everyone who wants to invest in crypto. Below as I write each phone number do as I did.
Luca Johnson Wiber +447438337146
Luca Johnson +442070976229
The Financial Department at Storinvest +442081575564
After each attempt, I’ll post here so you can know what’s going on.
Imre Marton
Thank you
Good evening! We had a conversation that lasted for days. they said he could help me for Payback. He said he can help me recover the fund. I wanted to write what happened in detail. I had to open an account at Kraken.com and another at Titaniumwalet.io. We talked on WhatsApp. The condition of the transfer was to pay 8% of the investment value, $1892. I told him if it can be paid in installments then I will pay $100 and transfer $1000. With the next installment, I pay 1000 USD and transfer 10000 USD..,… In a few days, Luca my broker, He said that everything was stolen. so I can get to the bottom line, but this is the condition and I have to pay. I have attached a screenshot of the WhatsApp chats.