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

In this section we will tell you if we consider that the company Loom Investment is a safe company or an unreliable 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 Loom Investment and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteloominvestment.com
🏠 CompanyRock Insurance Services Ltd (unregistered)
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 Address135 High Street, Crawley, West Sussex, RH10 1DQ (false)
🕑 Website ageWebsite registered on: April 20, 2023
Company typeForex Broker, Stocks, Real Estate, Cryptocurrency Mining

Company: Loom Investment mentions being part of Rock Insurance Services Ltd (no registration information)

Location: Loom Investment does not mention a UK location, however this is false.

We can already tell you that we are concerned about several characteristics of this company.

What is Loom Investment?

After having carried out an analysis of the company's website, we can say that Loom Investment is a broker for Forex, Stocks, Real Estate, Cryptocurrency mining.

Account types

The platform offers 5 different types of accounts:

ACCOUNT TYPEMINIMUM INITIAL DEPOSIT
First$ 60
Second$ 500
Third$ 1,000
Premium$ 5,000
Super$ 50,000

Information on the web

Loom Investment Website

Here we show you a screenshot of the Loom Investment website, which is loominvestment.com. The capture was made in JANUARY 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: +1493890282

– We have found the following email: [email protected]

Loom Investment Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker 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!

🚫 Loom Investment Final Valuation 🚫

Loom Investment's detailed assessment highlights a number of unacceptable practices that raise serious questions about the integrity and legitimacy of this platform. The unregistered location and the presence of false addresses and false operating licenses raise significant concerns about the transparency and honesty of the entity.

The lack of regulation and a very negative overall rating indicate that Loom Investment does not meet the necessary standards to guarantee the safety and reliability of investments. The numerous negative user comments, especially related to fund withdrawal issues, underline concerns about the platform's reliability.

The complaint by the British financial regulator FCA adds an additional level of severity to the situation, indicating that the platform has come to the attention of regulatory authorities due to inappropriate practices.

Finally, based on the unregistered location, false address and regulations, lack of regulation, very negative rating, problems with withdrawals and the FCA complaint, it is highly recommended to avoid Loom Investment. These disturbing aspects indicate not only a lack of reliability, but also possible legal violations.

Updates

Loom Investment News:

Date Update – news
January 2024Complaint against Loom Investment financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9230 ″]

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

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


How to Claim Money Scammed by Loom Investment

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 Loom Investment

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 Loom Investment?

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 Loom Investment?

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 Loom Investment trustworthy?

No, Loom Investment is not trustworthy at all. With unregistered location, fake address and regulations, lack of regulation, very negative rating, recurring issues with fund withdrawals and FCA reporting, it is advised to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to get money back from Loom Investment?

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.

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.

2 comments on «Loom Investment: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Thiago Lima Reply

    This company will rip you off. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Thiago Lima, thank you for writing about Loom Investment. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      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 fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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