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Investsmart foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.myinvestsmart.in/, about the company's legal and temporary regulatory information, the company's address 307-A SHREEVARDHAN COMPLEX, 4, R.N.T. MARG INDORE 452001 (M.P.).

Investsmart Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Investsmart Stock Broker Pvt Ltd & Investsmart Commodities Ltd
Abbreviation
Investsmart
Company employee
--
Customer Service Email Address
ceoinvestsmart@yahoo.com
Contact Number
+9107312525476
Company address
307-A SHREEVARDHAN COMPLEX, 4, R.N.T. MARG INDORE 452001 (M.P.)
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Investsmart Review SummaryRegion/CountryIndiaFounded2009RegulationNo regulationProduct & ServicesEquity, Equity Derivatives, Commodities, Currency Derivatives, Demat Services, IPOTrading PlatformsBoltplus, BSEIndiaCustomer SupportAddress, phone, email, contact formInvestsmart Information Investsmart, formally known as Invest Smart Stock Brokers Pvt. Ltd., was incorporated in 2009-10 and is a member of NSE and BSE across all segments, including Cash, Derivatives, and Currency. It also functions as a Depository Participant. The company provides a range of financial products and services such as equity, equity derivatives, commodities, currency derivatives, demat services, and IPOs. However, investors should be aware of concerns regarding its lack of regulatory oversight, which can pose significant risks and warrant careful consideration. In the following article, we will analyse the characteristics of this company in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.Pros & ConsProsConsComprehensive Financial ServicesLack of Regulatory OversightMultiple Trading PlatformsInactive Social Media LinksLimited Transparency on Trading ConditionsPros: Comprehensive Financial Services: Investsmart offers a wide range of services including equity, derivatives, commodities, currency derivatives, demat services, and IPOs. Multiple Trading Platforms: The firm provides Boltplus for Windows and iOS users, and the BSEIndia app for Android users. Cons: Lack of Regulatory Oversight: Investsmart operates without regulation from financial authorities, posing risks for investors. Inactive Social Media Links: Listed social media links on their website do not direct to active pages. Limited Transparency on Trading Conditions: Limited transparency on trading conditions such as trading fees can obscure crucial information for investors making informed trading decisions.Is Investsmart Legit? When considering the safety of a brokerage like Investsmart or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:Regulatory sight: The broker's current operation without legitimate regulatory oversight only fuels concerns about its legitimacy and trustworthiness. These worries are compounded by the broker's inaccessible website.User feedback: To get a deeper understanding of the exchange, it is suggested that traders explore reviews and feedbacks from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.Security measures: So far we have not found any security measures from the company's website. It is recommended for you to seek for clarification before step into actual trading to ensure your assets are properly protected. In the end, choosing whether or not to engage in trading with Investsmart is an individual decision. We advise you carefully balance the risks and returns before committing to any actual trading activities.Product & Services Investsmart claims to offer a comprehensive range of financial products and services.Equity: Investsmart provides access to trading in equities, allowing investors to buy and sell shares of publicly listed companies on NSE and BSE. Equity Derivatives: The company offers trading in equity derivatives, such as futures and options. These instruments allow investors to hedge their positions, speculate on stock price movements, and leverage their investments.Commodities: Through Investsmart, investors can trade in various commodities such as precious metals, energy products, and agricultural commodities. Currency Derivatives: Investsmart provides trading in currency derivatives, allowing investors to trade contracts based on currency pairs. Demat Services: As a Depository Participant, Investsmart offers demat services to manage and hold securities in electronic form. This service simplifies the process of trading, transferring, and maintaining securities.IPO (Initial Public Offerings): Investsmart facilitates participation in IPOs, enabling investors to subscribe to new shares issued by companies going public. However, detailed information about each product and service is not available on their website. If you are considering trading with Investsmart, it's better to verify the specifics directly with the company to ensure a thorough understanding of their offerings and how they align with your investment goals.Trading Platforms Investsmart offers multiple trading platforms. For Windows users, the Boltplus platform provides a robust and comprehensive trading experience with advanced features and real-time data. iOS userscan also access Boltplus, ensuring seamless trading on their Apple devices. Android users can utilize the BSEIndia app, which facilitates efficient and convenient trading on the go. These platforms enable investors to trade across various segments, including equities, derivatives, and commodities, with ease and efficiency.Customer Service Investsmart offers customer service through various methods including physical addresses, phone support, and email for different services. They also provide a contact us form on their website for direct inquiries. Although they list social media links, these currently do not direct to active pages. For assistance, it's best to reach them via phone or email.Address: 204 Rajani Bhawan, MG Road INDORE 452001 (M.P.).Email: ceoinvestsmart@yahoo.com.Tel: 0731-4025476. For full contact information about different business, you can visit https://myinvestsmart.in/contact.php# to look up for details.Conclusion In conclusion, Investsmart, an India-based brokerage firm, offers comprehensive products and financial services including equity, equity derivatives, commodities, currency derivatives, demat services, and IPOs. However, the absence of regulatory oversight raises concerns for some investors. Therefore, investors are recommended to proceed with caution, carry out their own research on the company, and consider alternative partners with stronger regulatory assurances, especially if regulatory oversight is a critical factor in their investment decisions.Frequently Asked Questions (FAQs) Is Investsmart regulated? No. The broker is currently under no valid regulation. Is Investsmart a good broker for beginners? No, the company is not regulated by any authorities, which means it lacks the official oversight that typically provides investor protection, which is crucial for beginners and seasoned investors alike. What financial services does Investsmart offer? Equity, equity derivatives, commodities, currency derivatives, demat services, and IPOs. What trading platforms are available with Investsmart? Investsmart offers the Boltplus platform for Windows and iOS users and the BSEIndia app for Android users.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.

Rating Index

How to login to Investsmart?
Investsmart Complete Account Guide: Registration, Account Opening, and Login Processes Table of Contents Part One: Account Registration Process Part Two: Account Opening Process Part Three: Login Guide Additional Sections Part One: Account Registration Process How to Register a Investsmart Account T

  

Investsmart Broker - Complete Information Guide

  

1. Overview of the Broker

  Investsmart, officially known as Investsmart Group Limited, was established in 1999 and is headquartered in Sydney, Australia. The company operates as a publicly listed entity on the Australian Securities Exchange (ASX). It primarily serves retail investors, offering a range of investment products and services designed to meet the needs of both novice and experienced traders.

  Over the years, Investsmart has evolved significantly. Initially starting as an information and research resource for investors, it rebranded from its original name, "Float News," in 2001 to focus on managed fund comparisons and investment advice. A significant milestone occurred in 2015 when the company launched its automated investment advice service, further expanding its offerings to include robo-advisory services. In 2017, Investsmart acquired the Intelligent Investor and Eureka Report, enhancing its research capabilities and investment insights.

  The business model of Investsmart encompasses various investment avenues, including managed funds, robo-advisory services, and ETFs (Exchange-Traded Funds). This diverse range of services positions Investsmart as a comprehensive platform for investors seeking to manage their portfolios effectively.

  

2. Regulatory and Compliance Information

  Investsmart operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC). The company holds an Australian Financial Services License (AFSL) number 246441, which allows it to provide financial services and advice to clients.

  The regulatory license is valid for a wide range of financial services, including investment advice and managed investment schemes. The company adheres to strict compliance measures, ensuring that client funds are held in segregated accounts, separate from the companys operational funds. This practice is crucial for safeguarding investor assets.

  Investsmart also follows Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to provide identification and relevant financial information to ensure compliance with legal standards.

  Investsmart does not participate in any investor compensation schemes, which is an important consideration for potential clients. While the company maintains rigorous internal controls, the absence of an external compensation scheme may pose risks for investors in the event of operational failures.

  

3. Trading Products and Services

  Investsmart offers a diverse array of trading products, catering to various investor preferences. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to engage in foreign exchange markets effectively.

  In addition to forex trading, Investsmart offers Contracts for Difference (CFDs) across multiple asset classes, including:

  • Indices: Access to major global indices such as the S&P 500, ASX 200, and FTSE 100.
  • Commodities: Trading options on precious metals, energy products, and agricultural commodities.
  • Stocks: A selection of shares from both Australian and international markets.
  • Cryptocurrencies: Limited access to popular cryptocurrencies, allowing for investment in digital assets.

  The broker regularly updates its product offerings to meet market demands, ensuring that clients have access to the latest investment opportunities. Investsmart's retail trading services are complemented by tailored solutions for institutional clients, including white-label solutions and asset management services.

  

4. Trading Platforms and Technology

  Investsmart supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with robust tools for market analysis and trade execution. These platforms are known for their user-friendly interfaces and advanced trading features, including automated trading capabilities and customizable charts.

  In addition to MT4 and MT5, Investsmart offers its proprietary web-based trading platform, which allows clients to trade directly from their browsers without the need for software installation. This platform is designed to be intuitive, enabling users to manage their investments seamlessly.

  For traders on the go, Investsmart provides a mobile application compatible with both iOS and Android devices. This app allows users to monitor their accounts, execute trades, and access market news from anywhere.

  The broker employs a Market Making execution model, ensuring that trades are processed efficiently. Investsmart's servers are strategically located in data centers to enhance execution speed and reliability. Additionally, the broker supports API access for automated trading solutions, catering to advanced traders seeking algorithmic trading options.

  

5. Account Types and Trading Conditions

  Investsmart offers several account types to suit different trading styles and preferences:

  • Standard Account: Requires a minimum deposit of AUD 500, with spreads starting from 0.5 pips and a commission of AUD 5 per trade.
  • Premium Account: Designed for more experienced traders, this account type offers lower spreads and enhanced features. The minimum deposit is AUD 5,000.
  • Islamic Account: Available for clients who adhere to Islamic finance principles, this account does not incur interest charges.
  • Corporate Account: Tailored for businesses and institutions, offering customized trading solutions.

  Investsmart provides a demo account for new traders, allowing them to practice trading strategies without financial risk. The leverage offered varies by product, with forex trading allowing up to 1:500 leverage, while CFDs may have different limits based on the underlying asset.

  Overnight financing fees apply for positions held beyond trading hours, and these fees are calculated based on the notional value of the position.

  

6. Fund Management

  Investsmart supports various deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets: Such as PayPal and Skrill.

  The minimum deposit requirement varies by account type, with the standard account requiring AUD 500 and premium accounts starting from AUD 5,000.

  Deposits are typically processed within 1-3 business days, depending on the method used. Investsmart does not charge deposit fees, making it cost-effective for clients to fund their accounts.

  Withdrawals can be made using the same methods as deposits, with processing times typically ranging from 1-5 business days. There are no withdrawal fees, although clients should check with their payment providers for any applicable charges.

  

7. Customer Support and Educational Resources

  Investsmart offers robust customer support through various channels, including:

  • Phone Support: Available during business hours.
  • Email Support: Clients can reach out for assistance via email.
  • Live Chat: For immediate inquiries, a live chat option is available on the website.

  The company provides support in multiple languages, ensuring that clients from diverse backgrounds can access assistance.

  To enhance trading knowledge, Investsmart offers a range of educational resources, including:

  • Webinars: Covering various trading topics and market analysis.
  • Tutorials: Step-by-step guides on using trading platforms and understanding market dynamics.
  • Market Analysis Reports: Daily insights and research reports to help clients make informed trading decisions.

  Additionally, the broker provides essential trading tools, such as economic calendars and trading calculators, to support clients in their trading activities.

  

8. Geographic Coverage and Restrictions

  Investsmart primarily serves clients in Australia and is focused on the Australian market. The company also has a presence in select international markets, catering to a global clientele.

  The regional offices are located in key Australian cities, providing local support and services to clients. However, Investsmart does not accept clients from certain countries, including:

  • United States
  • Canada
  • Japan

  These restrictions are in place due to regulatory compliance and licensing issues. Potential clients are encouraged to check the company's website for the most up-to-date information regarding geographic restrictions.

  In summary, Investsmart is a well-established broker that offers a comprehensive suite of investment products and services tailored to meet the needs of various investors. With its regulatory compliance, diverse trading options, and commitment to customer support, Investsmart continues to be a significant player in the financial services industry.

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Latest Reviews

cathy72134

cathy72134

India

Best Company for Stock Trading. I really appreciate the kind of support Investsmart provides. They have been there to solve my concerns whenever I’ve felt the need. It’s the best company for stock trading out there!

Positive

2023-02-28

善不可失。

善不可失。

Australia

I trust Investsmart! My friend Helick works here and he has recommended me several products that suit me. I purchased some products here, waiting for the good outcome…

37130

2023-02-16

Investsmart Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.
Investsmart