FIG Investments Ltd Review: Legit Broker or Just Another Scam?

Today’s story is about yet another representative of modern scammers posing as legitimate Forex/CFD brokers. To attract traders, it promises top-level security, exceptional customer support, a wide range of markets and trading instruments, as well as the most advanced and highly efficient software. However, no one will be able to make money here. To verify this, it is enough to analyze the information and offers presented on the project’s official website‌ — ‌or simply save your time and read our FIG Investments Ltd review.

Does FIG Investments Ltd Show Any Risk Factors?

The broker claims to operate fully legally, stating that it is registered in the UAE (DIFC, Dubai) and even holds a license from the financial regulator DFSA. However, we are increasingly encountering scam projects that use data from open sources (business registries and regulatory databases) to cover up their activities. Therefore, each such claim must be treated with caution and carefully verified.

We began our review of this platform by checking the official data published by FIG Investments Ltd. The website footer lists a Dubai address and reference No. F007053 in the database of the Dubai Financial Services Authority (DFSA), a financial regulator operating within the DIFC free zone. To verify this, we referred to the regulator’s public register.

As a result of our search, we found that:

• A company named FIG Investments Ltd does indeed exist in DIFC.
• The DFSA issued it a license No. F007053 on December 21, 2022, authorizing it to act as a financial advisor, manage funds (only for qualified investors), manage capital market assets (bonds, futures, options, warrants, shares, and investment fund units), and arrange transactions involving these assets.
• The address indicated by the broker matches the one listed in the DFSA database.

However, this does not mean that the platform we are analyzing has any connection to the Dubai-based company. This is a classic case of scammers using publicly available information as a cover. This is confirmed by at least two facts:

1. The DFSA license does not mention operations with currencies (currency pairs) or other derivatives, except for futures and options. In fact, the company is not licensed to operate in the Forex/CFD market.
2. The real FIG Investments Ltd has its own official website (https://www.figinvestments.ae/) on a .ae domain, registered with a local registrar and hosted locally. Although it contains only the company’s contact details, it clearly shows that the firm has no connection to figinvestmentsltd.com or its owners.

Based on the obtained data, we can draw a clear conclusion: the broker operates without official registration. What we are dealing with is a virtual company whose only assets are a website and a web trader. Naturally, it:

• It does not have licenses to provide brokerage services.
• It cannot open corporate bank accounts or issue cards. As a result, it accepts payments only in cryptocurrency (as mentioned above), while claims about storing client funds in segregated bank accounts are nothing more than a myth for trusting users.
• It acts as the sole counterparty in users’ trades and the only liquidity provider. Since the availability of sufficient funds for this is highly questionable, the platform simply simulates trading.
• It obtains price quotes from unknown sources and, of course, does not miss the opportunity to manipulate them.

It seems that brokers you can actually trust operate in a very different way. Speaking seriously, what we are dealing with here is a scam platform whose only goal is to appropriate all the money deposited by clients.

Interestingly, FIG Investments Ltd does not mention the date of its registration or its operational history anywhere on its official website. However, this question is easy to clarify: since the virtual company has nothing but a website, its starting point can be considered the domain registration date. This information can be obtained via a WHOIS lookup service.

As we can see, the domain figinvestmentsltd.com was registered on January 9, 2026, meaning the project has existed online for only about two months. Of course, this is “typical” behavior for a Dubai-based company‌ — ‌launching a website more than three years after obtaining a license, and offering services that are not even covered by that license. In reality, this is yet another confirmation that the broker is illegally using the details of a legitimate company to appear credible.

If we look at publications about the company, we find further evidence of its recent emergence. The fact is that there is still not a single genuine figinvestmentsltd.com review available. This indicates that the platform has not yet managed to attract a significant number of clients, and not enough time has passed since the first registrations for a large number of victims to appear.

At the same time, the company has found a fairly effective way to create a positive image. We reviewed several YouTube videos in which the platform is described as a pioneer setting new standards in modern trading. Similar promotional content can be found on other social media platforms. There is only one problem: a broker with this number of red flags does not deserve a single positive remark, which strongly suggests that all this “content” is well paid for by its owners.

Such a wave of positivity may influence beginners when making decisions. However, experienced traders can easily distinguish between fake reviews and real assessments of a fraudulent broker. Moreover, genuine reviews are not hard to find‌ — ‌there are plenty on specialized trading and investment portals. Experts give the platform very low ratings (just over 1 out of 5) and confidently label it a scam. It is hard to argue with their conclusions.

Let’s Break Down the Client Portal

Of course, we also took a look at the FIG Investments Ltd Client Portal. First, let’s explain what we expected to find there.

If you attentively read the main page, you will notice a number of attractive features the broker uses to lure traders:

• Access to a VPS (although it’s unclear why, since automated trading is not even implemented in the platform).
• Interest accruals on account balances.
• Deposit bonuses ranging from 20% to 100%.
• The use of AI tools in trading.
• Long-term financial planning.
• Access to IPOs and ICOs.
• Online webinars, etc.

We hoped to find at least something from this list in the personal account. However, to be honest, we were disappointed. In fact, the Client Portal is essentially just a trading terminal‌ — ‌poorly designed and functioning just as badly‌ — ‌with a link to the user dashboard. We won’t even comment on the trading software, as this miserable product does not deserve a single positive remark. Let us remind you that combining different portal components like this is a serious security flaw, but scam project owners clearly don’t read reviews, so the issue keeps repeating from platform to platform.

The trader’s personal account at FIG Investments Ltd turned out to be only slightly better than the terminal. At the very least, we haven’t seen such limited functionality in quite a while.

Of course, all the basic features are present‌ — ‌from adding and editing personal data and completing verification, to viewing transaction history, depositing funds, and submitting withdrawal requests. However, none of the features listed above are actually implemented.

Note! The broker does not provide a KYC policy among its documents, nor are its provisions included in the Terms & Conditions. Nevertheless, FIG Investments Ltd actively collects full personal data from users and even requires verification with document uploads. On what basis? How does it intend to use this data and these documents? And the key question: if KYC is not part of the client agreement, why does the platform refuse to process withdrawals without verification?

There are other issues in the personal account as well. For example, it is impossible to fund the account independently. When clicking the “Deposit” button, a pop-up window appears with no list of payment methods and no form fields to complete the transaction. Apparently, customer support is supposed to assist with this, providing details on preferred payment methods and company details. In our view, this approach is extremely opaque and creates an opportunity to misappropriate client funds immediately upon receipt. Then again, we expected nothing different from scammers.

What Does the Figinvestmentsltd.com Website Reveal?

It seems that the project owners consider the main advantage of their official website to be its visual design. At least, this is the only aspect the developers managed to execute reasonably well. They chose a bright yet non-intrusive color scheme and appropriate images. Unfortunately, they misjudged font sizes for headings and text blocks, making the content somewhat uncomfortable to read.

However, the content completely ruins the overall impression. It seems that it was prepared by amateurs who have no understanding of traders’ needs and interests, and who approached the task extremely dishonest. Here are just a few examples:

• Take a look at the homepage. You can see part of an account comparison table showing a maximum leverage of 1:300. In the very next section, completely different figures appear‌ — ‌leverage up to 1:2000. Then, on the calculators page, there is yet another table where leverage does not exceed 1:20. At this point, it no longer matters which of these figures is correct‌ — ‌the key conclusion is that the information on the website cannot be trusted.
• We are told that clients will have access to 100+ assets across various markets (for example, on the “Our Platform” page). That would be believable if we actually saw descriptions of these markets and lists of available trading instruments. However, it seems the content managers decided this information was unnecessary for users. Instead, the “Sustainability” page discusses green energy solutions‌ — ‌as if that were far more important for potential clients (one has to wonder how many visitors stay on that page for more than five seconds).
• The pages in the “Tools & Education” section are particularly striking. A massive news feed that includes not only economic events but also general news makes you question whether the original idea was to create a news portal, and the broker’s website was added almost by accident. It’s also worth noting that on the “Calculators” page, the calculators are represented only by headings‌ — ‌there are no input forms or calculation results. This raises another question: what exactly is supposed to qualify as educational material here — news, a currency converter, or non-functioning calculators?

Such low-quality content can be found on almost every page of FIG Investments Ltd, and even the trading terminal is no better. It is easy to conclude that this product does not meet even the most basic standards expected from a broker’s informational resources. Only scammers can afford such negligence, as the quality of the website clearly does not matter to them.

Is the Broker Offering Fair or Risky Terms for Traders?

As already mentioned, FIG Investments Ltd has not published a list of markets or a catalog of trading instruments. In addition, there are no contract specifications available on the broker’s website. The main source of information about trading conditions is the account description page.

It is difficult to describe the offered conditions as suitable for profitable trading. First of all, the minimum deposit requirements are quite high:

• Basic — €2,500.
• Standard — €10,000.
• Advanced — €25,000.
• Professional — €100,000.

There is no doubt that it is more profitable for scammers to attract four clients with €2,500 each than to bring in forty clients with €250 accounts. Especially considering that the website traffic suggests they cannot rely on attracting a large number of traders.

Moreover, the platform owners are far from modest in their expectations. Just look at the spreads: 2.6 pips on EUR/USD (which is presented as the minimum spread) is excessively high.

Let’s consider a simple example: a trader with a Basic account, using the full minimum deposit and leverage of 1:100, can open a position of 2.5 lots. Each pip would then represent $1 of profit or loss, and just from the spread alone, the trader would pay $6.5 to the broker. With an average profit target of 15 pips, the trader earns $37.5, while giving away 17% of that to the platform. And what happens if swaps are added to the equation? Yet someone still claims these are attractive conditions.

But that’s not all. The maximum leverage for all traders, regardless of their knowledge or experience, ranges from 1:100 to 1:300. Compared to brokers regulated by top-tier authorities, this increases risk levels by 3 to 10 times. If 85% of traders lose their deposits with leverage of 1:30, what percentage will lose with 1:100? And with 1:300?

Of course, one could agree that the conditions are indeed highly “profitable” — but not for clients of FIG Investments Ltd. They are profitable exclusively for the platform’s owners, who gain the opportunity to appropriate traders’ deposits while maintaining an appearance of legitimacy. And for the rare cases where someone might manage to make a profit (which seems unlikely given the quality of the terminal), there are always classic scam tactics available‌ — ‌account blocking and refusal to process withdrawals under fabricated pretexts.

Technical Support Analysis of FIG Investments Ltd

On the broker’s contact page, FIG Investments Ltd once again managed to surprise us. It provides a feedback form and a support email address. This is quite standard and raises no concerns, especially since the email passes verification checks successfully. However, things get more interesting when the company lists not one, but three physical addresses: in Dubai, the United Kingdom, and the Netherlands.

Interestingly, the UK address is also taken from open sources‌ — ‌specifically, the Companies House database. It contains a record of a company (you guessed it) called FIG Investments Limited. However, this firm was involved in credit grants and was dissolved in April 2025. For scammers, though, even such outdated information is sufficient to create an illusion of legitimacy.

The Netherlands address is not random either. A company called FIG Netherlands B.V. is indeed registered there, operating as a holding entity, but it has no authorization to provide brokerage services or organize trading. The scammers even display a phone number with a Dutch country code: +3197010279905. Don’t be surprised by its unusual length (it has two extra digits compared to standard numbers). In the Netherlands, numbers with the 970 prefix (immediately after the country code) are used for Machine-to-Machine communication (e.g., IoT devices, alarm systems, etc.) as well as for so-called “cloud PBX” solutions in VoIP telephony.

The scammers clearly made an effort by showcasing real company addresses. However, these firms have no connection to the fraudulent broker, and you will not find any of its representatives in those offices. Even the listed phone number is virtual. And one final detail: FIG Investments Ltd has no social media profiles at all. It would have been surprising if this pseudo-company had chosen to act differently in this regard.