Regulation & Compliance
We get asked if EvincoInvest is regulated by a tier one regulatory body. The truth is that we’re not. Does this mean that we shouldn’t be trusted? Does it mean that we will gobble up your funds and close down your trading account? Will we trick you into investing more than you wanted to invest? The answer to those three questions is a resounding “no”. Read on to find out where we stand with regulation and compliance.
Protecting You & Your Funds
Gaining Our Tier One Regulatory License
Our Management Team has put into practice stringent policies and procedures to ensure that we meet the same standards as tier one regulated brokers. We are not at all obligated to carry out AML nor KYC, yet we do because we have a goal of becoming regulated within 2022.
All we ask is that you, as our trader, do your bit to ensure that you are following the rules. If we ask for documentation, it’s for your own good. If we ask you to provide us with identification documents, then again, this is for your own good. We want you to have ultimate peace of mind when you trade with us, and this is made possible by following the strict onboarding policies and procedures we have here at Europa.
Our Compliance Team
Even though we have yet to be granted a tier one European regulatory license, our Compliance & Legal Team stringently follow the latest circulars issued by tier one regulators. We make changes to our policies based on these circulars. This in turn allows you to have continued peace of mind. If you have an issue, visit our Dispute Centre.
Back Office Team
Our Back Office Team is the first port of call you’ll come across when registering an account with us. They carry out the AML & KYC checks to see if you can trade with us. If they ask you to provide documentation, we ask that you comply with them. We have a friendly Back Office Team who are polite and courteous. Work with them.
Trust
Just because we have said what we’ve said throughout this page doesn’t mean that you should automatically trust us. We encourage you to use critical thinking when it comes to working with any Forex brokerage. Simply go ahead and search for reviews on us. We have nothing to hide.
What we won’t adhere to is slander. Unfortunately, traders lose money. This is the life of a trader. You win some, you lose some. If you don’t know what you’re doing, you could and probably will lose a lot of money. Even though we continuously tell each and every one of our traders to never blindly trade, some decide to not listen to throw caution to the wind and trade without caring about the risks. Traders who trade carelessly will lose money. This is a fact.
Some traders who have traded and lost have asked us for their investment back. We explain that EvincoInvest is merely a brokerage; that they are not trading against us. Yet our replies fall on deaf ears. Some of these traders then write up reviews, stating that we “stole their money”. We can assure you that this definitely wasn’t the case.
As we’ve said above, go ahead and Google us. See what the majority of traders are saying. We know you’ll find it heartwarming. We do have to add that we have had some Forex review websites write up reviews after testing out our service. The majority of the reviews are positive too.
Why?
Because we not only offer some of the greatest trading conditions, as you can see from the table below, but we don’t view you as merely an entry in our CRM. We want your success, and this passion drives us all here at EvincoInvest.com!