“Biggest scammer of India“~ User said

Wikifx received a complaint from a Smart Investment Capital user. The complainant stated that he received a call from a broker's representative to invest in this broker. “I invested $1100 with the broker on August 31, 2023. At first, things seemed to be going well.” Complainant said.

The victim received regular updates on his profits. But later on, things changed. He told on the regulatory app, Wikifx, that he is facing a withdrawal issue. He said, “This is the first time I am facing this issue since investing my money with the broker.”

He stated in his complaint.“I tried many times to contact the broker, They said they are working on some upgrade, Now all their numbers are switched off,”. The victim added “they are not replying, either by email, phone call or through their website”.

Review

When we searched Smart Investment Capital on Wikifx, We discovered that it's an India-based newbie broker with experience of one or two years. It is an unlicensed broker with an extremely low rating of 1.24 out of 10. Wikifx issued a warning there, stating that

Warning: Low score; please stay away!

It has been verified that this broker currently has no valid regulations. Please be aware of the risk!

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