If you are looking to read Investingor reviews, you are in the right place. Is this Investingor.com broker a reliable broker? Read reviews to know about this forex broker whether to use or not.
This content promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
What is Investingor?
Investingors otherwise known as Investingor.com is an offshore brokerage with a lot of promises for forex traders. The forex company is based in Mahe, Seychelles.
Unicoin Markets offers variety of trading account for traders. Take a look —
Further, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices. Also, it presents a zero spread difference in Buy/Sell.
Investingors Minimum Deposit
The broker Investingors showcases $50 minimum deposit based on the account type.
In contrast, licensed FX brokers clearly spell out their regulations and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.
However, Investingors does not specify its funding methods.
Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
Withdrawal process:
Investingors withdrawal leaves us with no information on its deposit fees and withdrawal fees.
Investingors Platform:
Investingors promised access to cTrader – a leading, excellent trading platform. However, for some reason, we could not download the platform from the broker’s website. Opening a demo account did not work either.
Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.
Investingors leverage is said to be 1:500. Honestly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
Won’t you rather trade with a licensed and legit broker? Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK, ASIC in Australia, NBRB in Belarus, CySEC in Cyprus as well as IIROC in Canada which makes client funds safe. They accept traders worldwide…visit their official website
What We Discovered about Investingors.com Broker
First of, Investingors holds a license from the local financial regulatory body, the Financial Services Authority (FSA). This makes Investingor slightly better than the many scammers that operate without any sort of license. However, such an offshore license is far from the most solid one.
Brokers regulated in the Seychelles have to face some very basic requirements in order to obtain a license.
Investingors FX Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Final Thoughts:
Investingor is a fairly new licensed offshore broker. But despite that license, this company would not be one we would personally choose for trading. From all indications, we would advise traders to steer clear from unlicensed brokers as they likely a platform run by scammers. You would be much better off trading with a legitimate broker licensed in a stricter jurisdiction like this or any licensed entity.
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