Potential clone entity – Setia Invest Corps has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Possible clone operating an illegal investment scheme
Carrying on unlicensed capital market activities of dealing in securities This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Potential clone entity – Setia Invest Corps is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Potential clone entity – Setia Invest Corps has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Full transparency|Dedicated account manager|Smooth onboarding
Cons: Live chat only during business hours|Minor UI glitches occasionally
Potential clone entity – Setia Invest Corps had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: High security standards|Transparent fees|Comprehensive tools
Cons: Currency conversion fee exists|Could offer more webinars
Several red flags with Potential clone entity – Setia Invest Corps: (1) They promise unrealistically high returns, (2) They're not registered with Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly