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Tesco -

Score

1.46 /10
Danger

Tesco

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tescoinvest.com

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.59

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Tesco Invest

Company Abbreviation

Tesco

Platform registered country and region

Marshall Islands

Company website

X

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Scam

OctaFX is a Scam!

Do not invest here.They clear scam! They just want you to deposit your money, but when it comes time to withdraw it, they will talk about their policy which they never mentioned before , they stop answering your calls and emails and then eventually disappear. I lost about $24,000 to this company.

FX3739673730
2021-09-22 16:19
Unable to Withdraw

Fake e-commerce platform, unable to withdraw funds

The scammer claims to be from Hangzhou, China, works for China Southern Power Grid, and also runs cross-border e-commerce. It is said that after purchasing USDT, recharge into the fake platform, pay the price, and earn the price difference. But when I want to withdraw money, I can't. Either the order is incomplete, or the withdrawal fails, and I must pay a margin.

L.Y3024
2023-09-11 07:46
Tesco · Company summary

Is Tesco a Scam？

  • Scam Brokers List

WikiFX has identified Tesco as a fake broker and placed him to its Scam Brokers list. Be aware of the following scam domains linked to this bogus broker:

https://tescoinvest.com/

  • Regulatory Concerns

Tesco Invest does not appear to be currently licensed to provide regulated investment products or services. The Financial do Authority (FCA) registration demonstrates that it was not permitted to do such activities.

Regulatory Concerns
  • Scam Exposure

On WikiFX, “Exposure” is listed as a word of mouth recommendation from users.

Traders ought to analyze information and assess risks before trading on unregulated platforms. Please browse our platform for further information. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Scam Exposure

Exposure 1. Tesco Investment Scam

ClassificationInvestment Scam
Date January 03, 2024
Post CountryMalaysia

This user lost $24,000 after being initially encouraged to invest. He encountered difficulties in trying to recover the investment. The company refused to withdraw cash under the pretext of unclear policies and could not contact the company. Please visit:

https://www.wikifx.com/en/comments/detail/Co202401039031852268.html

Scam Exposure

Exposure 2. Fake E-commerce Platform

ClassificationUnable to withdraw funds
Date September 11, 2023
Post CountryChina

This user describes a scheme involving a fake platform and difficulties withdrawing funds after purchasing USDT. Please visit:

https://www.wikifx.com/en/comments/detail/202309106102648634.html

Scam Exposure

Exposure 3. Platform Makes Withdrawal Difficult

ClassificationDifficult Withdrawal
Date September 22, 2021
Post CountryPhilippines

The user warns the platform makes it challenging to withdraw funds and ceases communication after receiving deposits. Please visit:

https://www.wikifx.com/en/comments/detail/202109221932665725.html

Scam Exposure

Scam Disclosure

No reliable information can be found on the Internet to confirm that Tesco Invest is doing business in the Marshall Islands. In addition, the fact that the Marshall Islands is a remote island country raises a major warning about the legitimacy of this statement

User Reviews

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User comment

2

Comments

Write a review

Jeffrey72378
more than one year
I wouldn't recommend investing with Tesco. It's a clear scam! Initially, they seem interested in your money, but when you try to withdraw, they bring up undisclosed policies, dodge your calls and emails, and eventually vanish. I lost around $24,000 dealing with this company. Be cautious!
I wouldn't recommend investing with Tesco. It's a clear scam! Initially, they seem interested in your money, but when you try to withdraw, they bring up undisclosed policies, dodge your calls and emails, and eventually vanish. I lost around $24,000 dealing with this company. Be cautious!
Translate to English
2024-01-03 18:53
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0
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hehe
more than one year
Tecsco’s MT5 application is not working for a few days, I could not find it in their IOS portal. I also cannot access it in my account, I have a solid amount that I want to withdraw, but now I cannot contact anyone.
Tecsco’s MT5 application is not working for a few days, I could not find it in their IOS portal. I also cannot access it in my account, I have a solid amount that I want to withdraw, but now I cannot contact anyone.
Translate to English
2023-03-06 11:03
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0
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2