Investrade Forex Broker

InvestradeReview Summary Founded1997 Registered Country/RegionUnited States RegulationNo Regulation Market InstrumentsStocks, ETFs, Options, Mutual Funds, Fixed Income, and Auto Trading Demo Account/ Leverage/ Spread/ Trading PlatformInvestrade Mobile APP Minimum Deposit$0 Customer SupportContact form Email: support@investrade.com Phone: 1-800-498-7120 Fax: 1-877-367-8466 Social Media: Facebook, YouTubeInvestrade Information Founded in 1997 and headquartered in the United States, Investrade is an online trading platform that offers a wide range of investment instruments, including stocks, exchange-traded funds (ETFs), options, mutual funds, fixed income products, and automated trading, with no minimum deposit requirements. The platform supports zero-commission trading of stocks and ETFs, however, it is not regulated by any regulatory body and does not offer demo accounts or popular trading platforms such as MT4/MT5, so investors need to be cautious when using it. Investrade's proprietary mobile app, the Investrade Mobile App, offers real-time quotes, market news, and intuitive trade management features for novice investors. However, for international accounts, a minimum of $25,000 in net worth is required, and the funding needs to be completed within 60 days.Pros & Cons ProsCons Various trading instrumentsLimited info on account features No minimum depositNo regulation Long operational historyNo demo accounts Multiple contact channelsNo MT4/MT5 Zero commission for stocks and ETFsLimited payment optionsIs Investrade Legit? Investrade is not regulated, and traders are required to exercise caution when trading.What Can I Trade on Investrade? Investrade offers a range of Instrument products, including stocks, ETFs, options, mutual funds, fixed income, and auto trading. Tradable Instruments Supported Stocks✔ ETFs✔ Options✔ Mutual Funds✔ Fixed Income✔ Auto Trading✔ Forex❌ Commodities❌ Indices❌ Bonds❌ Cryptocurrencies❌Account Types Investrade supports the Brokerage Account for traders to use.Fees Commissions: Investrade offers zero commissions on stocks and ETFs, with options charging $0.10 per contract, plus an additional $1.99 per trade. Minimum Deposit: There are no fees for opening an account, and the minimum deposit is zero. International accounts require a minimum of $25,000 in net assets, and new accounts need to be funded within 60 days.Trading Platform Investrade supports trading using the proprietary Investrade Mobile App. The Investrade Mobile App is a user-friendly and innovative mobile app that allows users to access their accounts, trade stocks, ETFs, and options, and check the status of their orders anytime, anywhere. The app provides real-time quotes and market news, while supporting intuitive management of charts and research tools to enhance the user's trading experience. Trading PlatformSupported Available Devices Suitable for Investrade Mobile APP✔Desktop, Mobile, Web/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal Deposits: Multiple methods are supported (check, ACH, wire transfer, etc.), but there are certain restrictions (such as not accepting certain types of checks). Minimum Deposit: There are no fees for opening an account, and the minimum deposit is zero. International accounts require a minimum of $25,000 in net assets, and new accounts need to be funded within 60 days. Withdrawal: You need to log in to your account to submit a wire transfer request; large withdrawals need to be notarized, and only accounts with the same name, third-party wire transfer is prohibited.