Table of Content
InvestPoint Review – Learn More About Investpoint.Pro
Table of Content
InvestPoint Review, always try to be prepared and informed. In this case, please read our InvestPoint review and then decide what to do. For example, it’s natural to ask – “Who is the InvestPoint broker, and how can I make money with them?”
InvestPoint is a brokerage firm that provides a platform for investors to trade various financial instruments such as stocks, bonds, forex, and commodities. The company claims to offer competitive trading conditions and reliable customer support. However, before you consider investing with them, it’s crucial to understand their background, reputation, and regulation, if there are any.
Our task is to investigate InvestPoint and present our findings to you. We want to be sure you have all the information you need. Let’s dig deeper into more details.
|Leverage||from 1:100 to 1:500|
|Headquarters||Saint Vincent and the Grenadines|
|Spread||starts at 2.9 pips|
Is InvestPoint Broker Safe? Regulation and Security
InvestPoint lacks transparency and provides incomplete contact information, offering only an email address for communication. This anonymity raises concerns about the broker’s legitimacy.
A legit broker would offer extensive information about themselves, including licenses from reliable regulators like those in the EU, UK, and Australia. These licenses ensure the broker’s financial stability, client protection, and compliance with regulations such as segregated accounts and Negative Balance Protection. Leverage restrictions are also in place to limit potential losses for investors.
What Kinds of Trading Platforms Are Available?
Trading platforms at InvestPoint are user-friendly and offer valuable tools, including social trading. However, due to concerns about the broker’s reliability, we advise against opening an account just for the platform.
Instead, we recommend trading on more popular and trusted software like MetaTrader 4 or MetaTrader 5. These platforms offer over 30 technical indicators, automated trading options, the ability to create custom indicators and bots, signal subscriptions, and more through the MT market. They are not overly complicated and offer a wide range of helpful tools.
What Types of Accounts Does InvestPoint Provide?
InvestPoint claims to offer innovative technology, along with professional governance, to every trader. All this, as they say, includes access to a variety of investment opportunities, like crypto, metals, energy, indices, and commodities. InvestPoint allegedly offers segregated accounts, regular auditing, and facilities for all clients, regardless of size or trading volume.
Account types are the following:
- Starting – $250
- Bronze – $5,000
- Silver – $15,000
- Gold – $25,000
- Platinum – $100,000
- ECN – $500,000
Each account also provides access to some educational materials and higher levels of support.
Trading Instruments: A Brief Introduction
Access to a wide range of trading assets is available but requires payment. The Starting account provides only FX trading, with other assets available through an upgrade. With the Gold account, you gain access to all markets, including the following:
- FX pairs – EUR/USD, CAD/JPY, USD/NOK
- Indices – DJIA, FTSE100, NIKKEI225
- Shares – Alibaba, Amazon, Netflix
- Commodities – gold, silver, wheat
- Cryptocurrencies – DOGE, SHIBA, USDC
InvestPoint requires a minimum deposit of $250 to open an account. That is a lot to what many legitimate brokers are offering. Some established brokers offer Micro accounts for as little as $5. InvestPoint offers leverage of 1:100 on forex majors, but it is unclear if they are legally allowed to do so since leverage restrictions exist in many jurisdictions.
For example, US brokers cannot offer leverage higher than 1:50 on forex majors to retail traders, and UK, EU, and Australian companies cannot exceed 1:30. These restrictions limit potential losses associated with high-leverage trading. If you are comfortable with higher leverage, consider finding a broker who can legally offer leverage of 1:100 or higher.
There are usually at least some details about the deposit methods offered by brokers – but this one lacks them. Scammers often urge clients to deposit in crypto – since such payments are anonymous and almost impossible to reverse. Even if that isn’t the case, InvestPoint is still shady enough to avoid depositing with them.
Tip: Cryptocurrency transactions are hard to track. Yet, there are tools following the transaction by the ID and connecting it to a wallet within the exchange. Once tracked, a client can submit a legal letter to the exchange asking for a refund.
How Do I Get a Refund if InvestPoint Stole My Money?
We are uncertain about the withdrawal process due to the absence of a clearly defined InvestPoint Withdrawal Policy. The brokerage has not provided any useful information regarding deposit or withdrawal methods. However, based on numerous InvestPoint reviews that support our belief, we strongly suspect that payouts are feasible.
Take a look at a few interesting facts about this scam broker:
- This unscrupulous broker is not regulated or licensed
- The withdrawal policy is not clear and transparent
- InvestPoint includes a basic web trading platform
- They offer leverage of 1:100 or higher
We trust that our InvestPoint review has been helpful to you. In the end, we can only give you the following advice – it is a good practice to thoroughly investigate all companies before engaging in any transactions.
FAQs About InvestPoint Broker
Is InvestPoint a Legitimate Broker?
InvestPoint is not a legitimate broker. We strongly advise you not to trade with them.
What Funding Methods Does InvestPoint Accept?
InvestPoint has not provided any information regarding deposit or withdrawal methods, so this question remains unanswered.
Is InvestPoint a Good Broker?
No, they are a terrible forex broker with many negative reviews and experiences.