✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in INDmoney. We analyze the website, we observe every detail and we 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…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about INDmoney and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteindmoney.com
🏠 CompanyFinzoom Investment Advisors Private Limited
RegulatorySEBI (India)
📧 Email[email protected] - [email protected]
📈 LeadingINDmoney
📌 Direction616, 6th Floor, Suncity Success Tower, Golf Course Extension Road, Sector – 65, Gurugram, Haryana

⚠️ INDmoney is owned by Finzoom Investment Advisors Private Limited, the company is located in india, a dangerous place for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️

Account types

INDmoney does not offer different accounts to operate.

Information on the web

INDmoney website

INDmoney provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 INDmoney Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH INDmoney.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about INDmoney:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”5750 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with INDmoney.

At the end of the review you will find customer comments.


How to Claim Money scammed by INDmoney

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 INDmoney

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

How can I report INDmoney?

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 INDmoney a scam – is it a scam?

Yes. We believe INDmoney is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is INDmoney reliable?

No. INDmoney is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from INDmoney?

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.

Are there (recommended) alternatives to INDmoney?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

4 comments on «Is INDmoney a scam? 2023 Reviews»

  1. Rosana Llopis Reply

    I would like to know how I can report this broker.

    • Recommended-brokers.com Reply

      Hello Rosana Llopis, thank you for commenting on INDmoney. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  2. Nour Rueda Reply

    hello, be very careful with these rats they will try to scam you

    • Recommended-brokers.com Reply

      Hello Nour Rueda, thank you for your comment about INDmoney. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY

      Greetings.

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