NarkenFXInvestment is an online investment platform offering services in forex, cryptocurrency, and binary options trading. The official website domain is narkenfxinvestment.com, registered on 2023-01-06 according to a Whois check.
Company Background
According to NarkenFXInvestment’s official website, it is a subsidiary of Narken FX Plc, claiming that the parent company has a history of more than a hundred years and is among the largest companies in the world. However, no authentic company information about "Narken FX Plc" has been found through public channels.
The website also claims the company was founded in 2010, aiming to help more investors enter the market and achieve financial freedom. It started sponsoring innovative projects in 2013 and expanded from individual operations to multiple private equity funds; in 2014, it adjusted its fund management model and launched private closed-end funds; by 2015, it restructured infrastructure to enhance liquidity, clearing engines, and institutional frameworks to serve the retail market. Meanwhile, the company claims to have attracted international investors through social media platforms like Facebook in recent years.
However, investigations show that the company does not have any official accounts on major social media platforms such as LinkedIn, Facebook, Instagram, Twitter, and YouTube, which contradicts the information described on the website.
Company Entity Authenticity
There is no real company entity existing for the NarkenFXInvestment platform based on public online searches.
The address claimed as the company’s operating location on the platform (1000 Main St 12th floor, Houston, TX 77002, USA) is actually a shared office building. Although various companies lease space there, no public information indicates the existence of this company or any related brand. Moreover, this address has appeared multiple times on other fraudulent websites using the same templates as this platform.
Additionally, the official website provides no details about any company members or staff, and no related personnel information can be found online.
Core Business
NarkenFXInvestment claims to primarily offer fund management services, and manage short-term and long-term investment projects, emphasizing capital security and high returns. The platform states that its business covers multiple countries, has joined the "Investor Compensation Fund (ICF)" in the U.S., and is qualified in Europe.
In reality, there is no "Investor Compensation Fund (ICF)" institution in the United States. Legitimate institutions safeguarding investors' assets in the U.S. include:
- Securities Investor Protection Corporation (SIPC)
Fully known as Securities Investor Protection Corporation, this entity provides asset protection to investors if a brokerage firm fails, with a protection limit of $500,000 per customer account, including up to $250,000 in cash. - Federal Deposit Insurance Corporation (FDIC)
Known as the Federal Deposit Insurance Corporation, it mainly protects depositors’ money at banks up to $250,000 per account in the event of a bank failure.
ICF actually exists in regions like Cyprus (regulated by CySEC), used for compensating investors if investment firms fail. NarkenFXInvestment’s claim of joining ICF in the U.S. is false and constitutes misleading advertising.
Regulatory Information Check
NarkenFXInvestment does not disclose any company registration information or regulatory licenses on its official website. Verification shows that it holds no regulatory authorization records on the websites of major regulatory entities such as the UK Financial Conduct Authority (FCA), the U.S. Securities and Exchange Commission (SEC), the European Securities and Markets Authority (ESMA), or the Australian Securities and Investments Commission (ASIC).
Investment Plans Description
NarkenFXInvestment offers two types of investment plans:
Pricing
Starter Plan
- Minimum Investment Amount: $1,000+
- Expected Return Rate: 30%-40%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Master Plus Plan
- Minimum Investment Amount: $10,000+
- Expected Return Rate: 40%-50%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Premium Plan
- Minimum Investment Amount: $20,000+
- Expected Return Rate: 50%-60%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Ultimate Plan
- Minimum Investment Amount: $50,000+
- Expected Return Rate: 60%-70%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Corporate Plan
- Minimum Investment Amount: $100,000+
- Expected Return Rate: 70%-80%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Bitcoin Crypto Plans
Basic Crypto
- Investment Amount: BTC 1-1.5
- Expected Return Rate: 65%-70%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Standard Crypto
- Investment Amount: BTC 5-14.9
- Expected Return Rate: 70%-75%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Premium Crypto
- Investment Amount: BTC 15-29.9
- Expected Return Rate: 80%-85%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Pro Crypto
- Investment Amount: BTC 30+
- Expected Return Rate: 90%-95%
- Provides Capital Withdrawal Protection
- Transaction Commission: 10%
Deposit and Withdrawal Methods
The platform supports various deposit methods, including bank wire transfer, PayPal, Neteller, Skrill, MoneyGram, MasterCard, Bitcoin, Western Union, Perfect Money.
Withdrawals require a request through the account or contact with the account manager, submission of relevant documents for review, and processing by the finance department. Withdrawals are settled monthly, with a minimum withdrawal balance of $70.
Website Traffic and Template Details
According to data from the notable website Semrush, narkenfxinvestment.com receives fewer than 100 visits per month, indicating almost no actual users. Additionally, the design template used on the platform's site is identical to numerous fraudulent sites like globalelitemarkets, Octe Markets, and Dex Trade Market.
User Reviews and Risk Warnings
Currently, there are no user reviews for NarkenFXInvestment on the internet. Moreover, the platform has been listed as a high-risk scam platform by ScamAdviser and has no positive reports or brand exposure.
Contact Information and Social Media Presence
The official website only provides an email as a contact method: [email protected].
Risk Report Summary
Based on the above content, NarkenFXInvestment presents several risk characteristics as follows:
- False or unverifiable company entity information;
- False regulatory information, not under legitimate financial regulatory oversight;
- Investment plans promise exceptionally high fixed returns, showcasing typical Ponzi scheme traits;
- Claiming to be part of a non-existent "Investor Compensation Fund (ICF)" in the U.S., providing false capital protection information;
- Using the same website template as numerous scam platforms;
- The official address is a shared office building, and the address is shared by multiple scam platforms;
- Extremely low website traffic with no actual user reviews, resulting in poor brand credibility;
- No real social media presence, indicating extremely low platform information transparency.
In summary, the NarkenFXInvestment platform exhibits numerous risk signals. Investors should cautiously evaluate these risks when considering involvement in related investment plans to avoid financial losses.
