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InvestPoint foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.investpoint.pro/register, about the company's legal and temporary regulatory information, the company's address .

InvestPoint Forex Broker

Basic Information

Registered Region
Dominica
Operating Period
--
Company Name
InvestPoint
Abbreviation
InvestPoint
Company employee
--
Customer Service Email Address
support@investpoint.com
Company Website
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

InvestPoint Review Summary Founded 1-2 years Registered Country/Region China Regulation Unregulated Market Instruments Forex, Commodities, Crypto, Indices, and Stocks Islamic Account Available Leverage N/A EUR/USD Spread N/A Trading Platforms Web Trader, Desktop Trader, Mobile App Minimum Deposit $250 Customer Support 24/7 Support, Email: support@investpoint.com, Social media: Facebook, Google What is InvestPoint? InvestPoint is a brokerage firm is registered in China. The company offers trading instruments Forex, Commodities, Crypto, Indices, and Stocks through the Web Trader, Desktop Trader, Mobile App trading platforms. However, it currently has no valid regulations. Traders should always vigilantly manage the risks involved in trading. We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece. Pros & Cons Pros Cons • Diverse trading instruments • Unregulated • Social media available • No MT4/5 trading platform • 24/7 support InvestPoint Alternative Brokers There are many alternative brokers to InvestPoint depending on the specific needs and preferences of the trader. Some popular options include: • Pepperstone - Offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. Pepperstone is known for its competitive spreads, good execution, and reliable platforms. The company's trading platforms are MT4, MT5, TradingView, and cTrader, which all are popular and well-respected platforms. • XM - XM Trade is a popular broker that offers a wide range of trading services to clients from around the world. Offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. With a strong reputation and presence in the financial markets, XM Trade aims to provide a user-friendly and reliable trading experience. • Admiral Markets - The company is a global online trading provider offering trading services in various financial instruments, including forex, stocks, commodities, and indices. The company offers a range of trading platforms, account types, and educational resources to its clients. Is InvestPoint Safe or Scam? InvestPoint is a broker that is not regulated by any major financial regulator. This means that there is no governing body that oversees its activities or protects its customers. As a result, there is a high risk that InvestPoint could be a scam. Market Instruments InvestPoint offers a wide range of market instruments, including Forex, Commodities, Crypto, Indices, and Stocks. • Forex (foreign exchange) is the market for exchanging one currency for another. • Commodities are raw materials that are used in the production of goods and services. They include agricultural products such as wheat, corn, and soybeans; energy products such as oil, gas, and coal; and metals such as gold, silver, and copper. • Cryptos (cryptocurrency) is a digital or virtual currency that uses cryptography for security. • Indices are baskets of stocks that track a particular market or sector. • Stocks are bought and sold on stock exchanges, which are marketplaces where buyers and sellers can meet to trade stocks. The prices of stocks are constantly fluctuating, depending on a variety of factors, such as the company's financial performance, economic news, and investor sentiment. Account Types There are six trading accounts offered by InvestPoint, namely Starting, Bronze, Silver, Gold, Platinum, and ECN. The account opening threshold for InvestPoint depends on the account type you choose. Here are the minimum deposit requirements for each account type: Starting: $250, Bronze: $5,000, Silver: $15,000, Gold: $25,000, Platinum: $100,000, ECN: $500,000. The best trading account for you will depend on your individual needs and preferences. If you are a beginner, then the Starting Account or the Bronze Account may be a good option. If you are experienced and want to have more flexibility, then the Silver Account or the Gold Account may be a better choice. If you want to trade cryptocurrencies, then the ECN Account may be the best option for you. In summary, InvestPoint offers six different account types with varying features and benefits. Each account type is designed to cater to the specific needs of traders at different levels of experience, providing them with the tools and resources they need to make better trading decisions. How to Open an Account? To open an account with InvestPoint, you can follow the below steps: Go to the official website of InvestPoint. 1. In the top right corner of the homepage, click on the “REGISTER” button. This will take you to the account registration page. 2. Fill in the required information, including your name, email address, phone number, and password. 3. Select your country of residence and preferred currency for trading. Agree to the terms and conditions of the brokerage by ticking the box. 4. Click on the “Register” button to complete the registration process. Once your account is set up, you will receive a confirmation email from InvestPoint. Follow the instructions in the confirmation email to verify your email address and complete the account activation process. Spreads & Commissions As for spreads and commissions, however, there is nothing detailed available on InvestPoint official site. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread (pips) Commissions (per lot) InvestPoint N/A N/A Pepperstone 0.6 No commissions XM 1.0 (Std) No commissions (Std) Admiral Markets From 0.6 No commissions The platform also offers a range of account types with different features, including spreads, commissions, and trading tools. Traders can choose the account type that suits their trading style and budget, with the option to upgrade or downgrade later if needed. Trading Platforms InvestPoint offers several trading platforms for its clients, including Web Trader, Desktop Trader, Mobile App. • Web Trader is a web-based trading platform that allows you to trade from any device with an internet connection. It is a simplified version of the trading platform, but it still offers several useful features. WebTrader is a popular trading platform that offers a number of benefits for traders. It is easy to use, accessible, affordable, and secure. It allows traders to open and close positions online, without downloading any software. It is a popular platform for traders who want to trade on the go or who do not want to install any trading software on their computer. • Desktop Trader is a PC software application that allows traders to trade stocks, bonds, currencies, and other financial instruments. It is a powerful tool that can be used to analyze market data, place trades, and manage risk. • Mobile Trader is a mobile trading platform that allows traders to trade stocks, bonds, currencies, and other financial instruments from their smartphones or tablets. It is a convenient and easy-to-use platform that can be used to track market data, place trades, and manage risk. See the trading platform comparison table below: Broker Trading Platforms InvestPoint Web Trader, Desktop Trader, Mobile App Pepperstone TradingView, MT4/5, cTrader XM MT4/5, Web trader Admiral Markets MT4/5, Web trader Deposits & Withdrawals There is no information on the specific deposit and withdrawal methods that are accepted by InvestPoint, or on any fees that may be charged for deposits or withdrawals. This lack of information can make it difficult for potential customers to compare InvestPoint to other forex brokers, and to make an informed decision about whether to open an account with them. InvestPoint minimum deposit vs other brokers InvestPoint Most other Minimum Deposit $250 $100 Customer Service Customers can get in touch with their customer service line using the information provided below: 24/7 support Email: support@investpoint.com Social media: Facebook, Google Conclusion In conclusion, InvestPoint is a brokerage firm that provides access to a wide range of trading instruments and offers Web Trader, Desktop Trader, Mobile App platform to cater to different trading preferences. However, the company currently has no valid regulations. There have been NO reports of exposure section, but it isnt mean safe for trader. Traders should exercise caution and conduct thorough research when considering InvestPoint or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here. Frequently Asked Questions (FAQs) Q1: Does InvestPoint offer demo accounts? A1: Yes. Q2: What is the minimum deposit for InvestPoint? A2: $250. Q3: What types of trading instruments are available at InvestPoint? A3: InvestPoint offers a variety of trading instruments, including Forex, Commodities, Crypto, Indices, and Stocks. Q4: Is InvestPoint a regulated brokerage firm? A4: Unregulated. Q5: What trading platforms does InvestPoint provide? A5: InvestPoint offers Web Trader, Desktop Trader, Mobile App trading platforms. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

Starting

Minimum Deposit
250$

ECN

Minimum Deposit
500,000$

  

InvestPoint Forex Broker - Complete Information Guide

  

1. Broker Overview

  InvestPoint is an online brokerage firm that was established in 2022. The company operates under the name Nexus LLC and is headquartered in Saint Vincent and the Grenadines. As a private entity, InvestPoint aims to provide trading services primarily to retail clients interested in the forex market, as well as other financial instruments. The firm claims to offer a diverse range of products, including forex trading, contracts for difference (CFDs), indices, commodities, cryptocurrencies, and stocks.

  Despite its recent establishment, InvestPoint has made significant claims about its services and market presence. However, the lack of transparency regarding its operational history raises concerns. The business model of InvestPoint focuses on retail forex trading, which is common among brokers targeting individual traders looking for accessible investment opportunities.

  InvestPoint's parent company, Nexus LLC, operates in a sector often scrutinized for regulatory compliance. This relationship indicates that the broker may not adhere to stringent oversight, which is a critical factor for potential investors. Overall, the InvestPoint broker seeks to attract clients with a promise of a comprehensive trading experience, but the absence of a solid regulatory framework casts doubt on its credibility.

  

2. Regulatory and Compliance Information

  InvestPoint operates without any valid licenses from major regulatory authorities. It is important for potential investors to note that the firm is not regulated by any reputable financial entity such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Federal Financial Supervisory Authority (BaFin) in Germany. This lack of regulation means that there is no oversight regarding the broker's operations, which can pose significant risks to investors.

  The company claims to be registered under the number REG 1070 LLC 2021 in Saint Vincent and the Grenadines; however, investigations reveal that this information is false, as no such registration exists. Additionally, the regulatory environment in Saint Vincent and the Grenadines does not provide adequate protection for investors, as the local financial authority does not oversee forex brokers.

  InvestPoint does not offer client fund segregation policies, which means that client funds may not be kept separate from the broker's operational funds. Furthermore, there is no participation in investor compensation schemes, leaving clients without recourse in case of financial losses. The broker's adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures is also unclear, which further jeopardizes the safety of client investments.

  

3. Trading Products and Services

  InvestPoint offers a range of trading products designed to cater to various investor interests. The broker provides trading in a selection of major and minor forex currency pairs, with a notable focus on popular pairs such as EUR/USD, USD/JPY, and GBP/USD.

  In addition to forex trading, InvestPoint provides access to CFDs on various asset classes, including:

  • Indices: Major indices such as the Dow Jones Industrial Average (DJIA) and the FTSE 100.
  • Commodities: Popular commodities like gold and silver.
  • Stocks: Shares from well-known companies, including tech giants like Amazon and Netflix.
  • Cryptocurrencies: A selection of digital currencies, including Bitcoin (BTC), Ethereum (ETH), and lesser-known altcoins.

  The frequency of product updates and the introduction of new trading instruments remain unclear, as the broker does not provide detailed information on this aspect. While InvestPoint claims to offer retail trading services, there is no indication of institutional client services or white-label solutions available for larger firms. The absence of asset management services also highlights a gap in their offering for more sophisticated investors.

  

4. Trading Platforms and Technology

  InvestPoint provides a proprietary web-based trading platform, which is reportedly user-friendly but lacks the advanced features found in more established platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The absence of support for these widely recognized platforms is a significant drawback for traders seeking robust trading tools and functionalities.

  The web trader offered by InvestPoint allows basic trading operations, but it does not provide access to essential features such as algorithmic trading or advanced charting tools. The platform is designed to be accessible from both desktop and mobile devices, but it has received criticism for its limited functionality and performance issues.

  InvestPoint also claims to have a mobile trading application available for both iOS and Android devices. However, this app is essentially a mobile version of the web trader, lacking unique features that could enhance the trading experience. The execution model employed by InvestPoint remains ambiguous, with no clear indication of whether it operates on an ECN, STP, or Market Making basis.

  The broker's technology infrastructure, including server locations and overall technical capabilities, is not disclosed, which raises additional concerns regarding the reliability and security of the trading environment.

  

5. Account Types and Trading Conditions

  InvestPoint offers several account types to cater to different levels of traders, including:

  • Starting Account: Minimum deposit of $250, primarily for forex trading.
  • Bronze Account: Higher deposit required, providing access to additional trading instruments.
  • Silver, Gold, and Platinum Accounts: Each with escalating minimum deposit requirements and varying levels of support and services.
  • ECN Account: Designed for high-volume traders, requiring a minimum deposit of $500,000.

  The trading conditions associated with these accounts include spreads starting from 2.9 pips for major currency pairs, which is significantly higher than the industry average. The broker does not disclose commission structures, making it difficult for traders to assess the overall cost of trading.

  Leverage offered by InvestPoint varies, with claims of up to 1:300, which exceeds the limits set by many regulatory authorities for retail traders. The minimum trade size and overnight fees are not clearly outlined, which can lead to unexpected costs for traders.

  InvestPoint does not offer a demo account, which is a standard feature among reputable brokers, making it challenging for new traders to familiarize themselves with the platform before committing real funds.

  

6. Fund Management

  InvestPoint supports various deposit methods, although specific details regarding payment options are not disclosed. Common methods in the industry include bank transfers, credit cards, and e-wallets, but the broker's lack of transparency raises questions about the security and reliability of these transactions.

  The minimum deposit requirement across different account types is set at $250, which is relatively high compared to many regulated brokers that allow for lower initial investments. The processing time for deposits is not specified, leaving potential clients in the dark regarding how quickly they can begin trading.

  Withdrawal methods and limitations are also vague, with no clear information provided on processing times or fees associated with withdrawals. This lack of clarity is a significant concern, as many users have reported difficulties in withdrawing their funds from similar unregulated brokers.

  The absence of a clearly defined withdrawal policy suggests that clients may face significant obstacles when attempting to access their funds, further indicating the potential risks associated with trading through InvestPoint.

  

7. Customer Support and Educational Resources

  InvestPoint claims to offer customer support through various channels, including email and online chat. However, the absence of a phone support option may hinder effective communication for clients seeking immediate assistance. The service hours and time zone coverage are not specified, which could limit support availability for international clients.

  The broker reportedly supports multiple languages; however, the specific languages offered are not listed, making it difficult for non-English speaking clients to assess their ability to receive support in their preferred language.

  In terms of educational resources, InvestPoint does not provide extensive materials such as webinars, tutorials, or e-books that are commonly found with reputable brokers. The lack of market analysis services, including daily reports or research insights, further diminishes the value of the support provided to traders.

  The absence of trading tools, such as calculators or signal services, indicates that InvestPoint may not be adequately equipped to support traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  InvestPoint primarily targets markets in Europe, Canada, and other regions where online trading is popular. However, the broker does not accept clients from the United States or the United Kingdom, likely due to the stringent regulatory requirements imposed in these jurisdictions.

  The absence of regional offices is evident, as the broker operates solely from its headquarters in Saint Vincent and the Grenadines. This lack of physical presence in key markets raises concerns about the broker's commitment to providing localized support and services.

  InvestPoint's operational model, based in an offshore jurisdiction, presents significant risks for potential clients. The lack of regulatory oversight and transparency in operations makes it imperative for traders to exercise caution when considering this broker for their trading needs.

  In conclusion, while InvestPoint presents itself as a versatile trading platform, the numerous red flags regarding its regulatory status, trading conditions, and overall transparency suggest that potential investors should approach with caution. Engaging with well-regulated brokers that prioritize client safety and transparency is advisable to mitigate the risks associated with online trading.

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Latest Reviews

国信 付乐丰

国信 付乐丰

Hong Kong

Simple and Straightforward broker. Basic straightforward website. No cluttered information to distract readers and cleverly hides unfair terms and conditions. Transparent broker.

Positive

2023-02-22

InvestPoint Forex Broker has an overall rating of 1.40, Regulatory Index 0.00, License Index 0.00, Business Index 6.14, Software Index 4.00 Risk Control Index 0.00.
InvestPoint