✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company Is GrowUp a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...
Below we will show you essential information about GrowUp and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | growup.capital | growupcapital.net |
| 🏠 Company | Does not mention it |
| ️ Regulatory | Not regulated |
| Does not have | |
| 📈 Continental | Own platform |
| 📌 Address | Unknown |
| 🕑 Website age | Website registered on: September 26, 2022 |
| ❓ Company type | Fund Management Company |
Company: GrowUp does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.
Location: GrowUp does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.
We can already tell you that we are concerned about several characteristics of this company.
What is GrowUp?
After having carried out an analysis of the company's website, we can say that GrowUp is a fund management company.
Account types
The company does not provide information about having different types of accounts.
Information on the web
Here we show you a screenshot of the GrowUp website, which is growup.capital – growupcapital.net. The capture was made in November of 2023.
Contact: phone numbers and email
This company does not provide any contact details; No email or phone number. What does this mean? That a company does not provide contact information is a very bad sign. Imagine that you have a problem or complaint and you have no way to contact them. It sounds really bad, doesn't it?
GrowUp Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
This platform presents us with a very worrying situation; It mentions absolutely nothing about its regulation. What does this make us think? We are talking about an unregulated company. What does it mean? This means that clients and all their money are without any type of protection. That is to say, if the company has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 Final evaluation of GrowUp 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of GrowUp and we have reached the following conclusions about this company:
Location: It is not mentioned where it is located.
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.
This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.
GrowUp Alert
It is essential to highlight the lack of transparency and security around Grow Up, a fund management company. The complete absence of registration information and the omission of details about its location and regulatory entity raise significant concerns about the legitimacy and security of this company. This information gap is indicative of a unregulated entity, which implies additional risks for those who consider entrusting their funds to this manager.
Investors should be cautious when interacting with companies that do not provide key details about their legal status and regulation. Those interested in the services of Grow Up who seek more transparent and regulated alternatives to safeguard their investments and ensure a safer financial environment.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨
Updates
News about GrowUp:
| Date | Update – news |
|---|---|
| March 2023 | We receive a large number of messages from GrowUp clients who claim that they cannot withdraw their capital. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with GrowUp.
At the end of the review you will find customer comments.
How to Claim Money scammed by GrowUp
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report GrowUp
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
Are there (recommended) alternatives to GrowUp?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report GrowUp?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is GrowUp reliable?
No. GrowUp is not reliable, it is a very unsafe company: 1) Does not disclose information about its location 2) It does not have any type of regulation
How to recover money from GrowUp?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
This company generally operates in Chiclana, Lema and Raúl are responsible, once you invest it will give you little by little profits until your trust is earned and you invest more and share it with your friends so that they can also invest, a pyramidal effect, when the time comes It is time to finish the contract, the ordeal begins and the excuses and lies begin, that if transferences cause problems, that we are creating a new bank etc etc… lies after lies without logic, they drive around with high-end vehicles and even recent constructions of a luxury on the coast of Cádiz, I predict a good and very dark future for both of you...
Hello, a brother-in-law, do you know in which address we can find the managers Lema and Raul, their last names and where their offices are? Thanks for writing about GrowUp. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.
I have an acquaintance investing, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hello María José, thanks for writing about GrowUp. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.