Investpro Forex Broker

Investpro Forex Broker - Complete Information Guide

1. Overview of the Broker

　　Investpro Markets Ltd., established in 2018, is a forex and CFD broker that claims to operate from the United Kingdom. The broker is privately held and primarily serves retail clients interested in trading various financial instruments. Over the years, Investpro has aimed to provide a platform for trading forex, commodities, indices, and cryptocurrencies, catering to both novice and experienced traders.

　　Despite its claims of being based in London, there are significant doubts regarding the authenticity of its operational claims, with indications that the actual location may not be as stated. Investpro's development has been marked by its introduction of various account types and trading tools, although it has faced scrutiny due to regulatory issues. The broker's business model focuses on retail forex trading, providing access to a wide array of market instruments through its online platform.

　　The investpro broker operates under the premise of offering diverse trading opportunities while emphasizing user-friendly trading experiences through popular platforms like MetaTrader 4.

2. Regulatory and Compliance Information

　　Investpro is currently not regulated by any valid regulatory agency, which raises significant concerns regarding its credibility and safety. The broker previously held a license from the Vanuatu Financial Services Commission (VFSC), with license number 40289, but this license has since been revoked. The revocation of the license indicates that Investpro is operating without proper oversight, which is a critical factor for traders to consider.

　　The lack of regulation means that there are no guarantees for client fund protection, and the absence of a regulatory framework raises the risk associated with trading with Investpro. The company does not appear to have a clear policy regarding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures. Investors should be cautious and conduct thorough research before engaging with the investpro broker, as unregulated entities pose higher risks.

3. Trading Products and Services

　　Investpro provides a comprehensive range of trading products, including:

• Forex Trading: The broker offers over 28 currency pairs, allowing traders to engage in the forex market with spreads starting from 1 pip.
• CFDs: Investpro markets contracts for difference on various assets, including major company shares, commodities like WTI oil and Brent crude oil, and indices such as the S&P 500 and FTSE 100.
• Cryptocurrencies: The broker also claims to provide access to the cryptocurrency market, although specific details about available cryptocurrencies are not well-documented.

　　Investpro aims to cater to both retail and institutional clients, although the specific services for institutional clients are not clearly defined. The broker does not appear to offer white-label solutions or asset management services at this time.

4. Trading Platform and Technology

　　Investpro exclusively uses the MetaTrader 4 (MT4) trading platform, which is renowned for its user-friendly interface and comprehensive trading tools. The platform is available for both desktop and mobile devices, enabling traders to manage their accounts on the go.

　　Key features of the MT4 platform provided by Investpro include:

• Automated Trading: Supports the use of Expert Advisors (EAs) for automated trading strategies.
• Charting Tools: Offers advanced charting capabilities with a variety of technical indicators.
• Order Management: Allows traders to execute various order types, including market and pending orders.

　　While Investpro does not have its proprietary trading platform, the MT4 platform's capabilities are robust enough to meet the needs of most traders. However, it is important to note that the platform lacks two-step authentication, which may affect security.

5. Account Types and Trading Conditions

　　Investpro offers several account types to accommodate different trading preferences:

• Standard Account:
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spreads: Starting from 2 pips
• Raw Spread Account:
• Minimum Deposit: $3,000
• Leverage: Up to 1:500
• Spreads: Starting from 0 pips
• ECN Social Trading Account:
• Minimum Deposit: $10,000
• Leverage: Up to 1:500
• Spreads: Starting from 0 pips

　　All account types allow for Islamic accounts, catering to traders who require Sharia-compliant trading conditions. The broker does not specify a demo account policy, which may be a drawback for new traders looking to practice before committing real funds.

　　

6. Fund Management

　　Investpro supports various deposit and withdrawal methods, including:

• Bank Transfers
• Credit/Debit Cards
• E-Wallets: Such as Skrill

　　The minimum deposit requirements vary by account type, starting from $100 for the standard account. However, specific details regarding processing times for deposits and withdrawals, as well as any associated fees, are not readily available on the broker's website.

　　Traders are advised to contact Investpro's customer support for accurate and up-to-date information regarding fund management processes, as this information is not explicitly provided.

　　

7. Customer Support and Educational Resources

　　Investpro offers several customer support channels, including:

• Phone Support: Available at +44 207 712 1679
• Email Support: Reachable at support@investpromarkets.com
• Social Media: Active on platforms like Facebook and Skype

　　The support team is available to assist traders with their inquiries, although the response times may vary.

　　In terms of educational resources, Investpro provides limited offerings. Traders can access basic market analysis, but comprehensive educational materials such as webinars, tutorials, and detailed research reports are lacking.

　　

8. Regional Coverage and Restrictions

　　Investpro primarily serves clients in various regions; however, it is crucial to note that it may not accept clients from certain countries due to regulatory restrictions. Specific regions where services are unavailable have not been explicitly stated, but prospective traders should verify their eligibility based on local regulations.

　　In conclusion, while Investpro offers a range of trading services and products, the lack of regulation and transparency raises significant concerns. Traders are encouraged to proceed with caution and conduct thorough due diligence before engaging with the investpro broker.