Invest505 Review

About Invest505

Invest505 operates via the website , with the operator claiming to be Propel Capital Ltd registered in the Marshall Islands (registry number 111866), but this entity has been dissolved, and the Marshall Islands registry does not issue or oversee forex broker licenses (). The Netherlands Authority for the Financial Markets (AFM) issued a warning on 23 May 2023 stating that Invest505 does not hold an AFM licence nor a European passport, and is a suspected boiler room; it solicited individuals unsolicitedly to offer investments ().

No reputable regulatory body (such as FCA, ASIC, CySEC, BaFin, or FINMA) lists Invest505 as a licensed or authorised entity (). Independent fact‑checking sources such as BrokerChooser also conclude that Invest505 lacks oversight by any top‑tier regulator, putting client funds at risk (). On the technical side, ScamAdviser reports the domain lacks a valid SSL certificate and appears hosted on a server shared with potentially unreliable websites ().

Who it’s for

• None — the broker operates without recognised regulation and has been flagged by authorities (e.g., AFM) for suspected fraudulent activity.

Pros and cons

Cons

• Unregulated by any recognised financial authority; operator entity dissolved in Marshall Islands registry ().
• Official warning from AFM citing unsolicited approaches and boiler‑room tactics ().
• No SSL security; low trust technical profile with shared hosting among suspicious sites ().
• Multiple customer complaints reporting inability to withdraw funds and deceptive practices ().