Search

For more information about Investirex Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Investirex Company

  

Investirex Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Investirex is a relatively new online forex broker that claims to have been established between 2020 and 2021. It positions itself as a provider of diverse trading services, including forex, stocks, commodities, indices, and cryptocurrencies.

  

Parent Company/Ownership Structure

  Investirex is owned by Castan Holdings Ltd., a company registered in Saint Vincent and the Grenadines. This jurisdiction is often associated with offshore financial services due to its lack of stringent regulatory oversight.

  

Headquarters Location

  The company is headquartered in Saint Vincent and the Grenadines, a location known for its lenient regulatory environment regarding financial services.

  

Global Business Scope

  Investirex claims to serve clients in over 85 countries, offering access to more than 10,000 trading instruments. However, the absence of regulatory oversight raises concerns about the legitimacy of its operations.

  

Main Regulatory Bodies

  Investirex is not regulated by any major financial authorities, including the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the German Federal Financial Supervisory Authority (BaFin). Its lack of regulation is a significant red flag for potential investors.

  Back to top

  

2. Company History and Development

  

Key Milestones

  • 2020-2021: Establishment of Investirex as an online trading platform.
  • June 2022: BaFin issued a warning regarding Investirex's lack of authorization to provide financial services in Germany.
  • September 2022: The Spanish Comisión Nacional del Mercado de Valores (CNMV) also warned against Investirex, highlighting its unregulated status.

  

Business Expansion Journey

  Investirex claims to have expanded its services to offer a wide range of trading instruments. However, the actual growth and expansion of its client base remain questionable due to the warnings issued by regulatory bodies.

  

Customer Base Growth

  While Investirex advertises a wide customer base, the lack of transparency and regulatory compliance has led to skepticism about its actual client growth.

  

Platform Development History

  Investirex offers a trading platform compatible with various devices, including desktop and mobile. However, specific details about platform updates or advancements are scarce.

  

Important Awards or Recognitions Received

  As of now, Investirex has not received any notable awards or recognitions from reputable financial institutions or industry organizations.

  Back to top

  

3. Trading Services Offered

  

Forex Trading Options

  Investirex claims to offer over 40 currency pairs for forex trading. However, the absence of regulatory oversight raises concerns about the reliability of these offerings.

  

Stock Trading Options

  The broker provides access to a range of stocks, though specific details about the number of available stocks are not disclosed.

  

CFD Trading Products

  Investirex offers Contracts for Difference (CFDs) across various asset classes, including forex, commodities, and indices.

  

Other Financial Instruments

  • Cryptocurrencies: The platform includes several popular cryptocurrency CFDs.
  • Commodities: Access to trading in commodities such as gold and silver is also advertised.

  

Special Services or Unique Advantages

  Investirex claims to provide educational resources, including a FAQ section and trading glossary. However, the effectiveness and quality of these resources are not well-documented.

  Back to top

  

  

Detailed Regulatory Information

  Investirex operates without any regulatory oversight from major authorities. Its status is marked as "unregulated," which poses a significant risk for potential investors.

  

  Investirex is registered in Saint Vincent and the Grenadines, a jurisdiction known for its lack of financial regulation. This raises concerns about the legal protections available to clients.

  

Client Fund Protection Measures

  Due to its unregulated status, Investirex does not offer any client fund protection measures typically found with licensed brokers, such as compensation schemes.

  

Countries/Regions Served

  Investirex claims to serve clients in over 85 countries. However, the lack of regulatory compliance may limit its ability to operate legitimately in many jurisdictions.

  

Compliance History

  The compliance history of Investirex is problematic, with multiple warnings issued by regulatory bodies in Germany and Spain regarding its operations.

  Back to top

  

5. Competitive Landscape

  

3-5 Main Competitors

  • eToro: A well-regulated platform known for its social trading features.
  • IG Group: A leading forex and CFD broker with a strong regulatory framework.
  • OANDA: A reputable broker offering a wide range of trading instruments and regulatory compliance.
  •   

    Positioning in the Industry

      Investirex positions itself as a comprehensive trading platform with a wide range of instruments. However, its lack of regulation and negative reviews significantly hinder its credibility.

      

    Market Differentiation Factors

      Investirex's main differentiation lies in its claim of offering over 10,000 trading instruments and tiered account types. However, the effectiveness of these claims is undermined by its unregulated status and the warnings issued by financial authorities.

      Back to top

      

    Conclusion

      Investirex presents itself as a versatile online trading platform; however, the lack of regulation, multiple warnings from financial authorities, and negative customer feedback raise significant concerns about its legitimacy. Potential investors should exercise caution and consider regulated alternatives before engaging with Investirex.

      For more information on safer trading options, learn more.