TRADEINVEST90 Forex Broker

GENERAL INFORMATION AND REGULATION TradeInvest90 is owned by Celestial Trading Ltd. which is an offshore company registered in Seychelles. Seychelles is notorious for its easy process of financial or investment firm establishment, through a very low list of requirements, small budgets and what is more crucial with no strict overseeing of the brokers operation or history. TradeInvest90 is owned by Capital Force ltd, in Beach Road, Apia, Samoa, but the platforms credit card processor is located in Doncaster, United Kingdom. We have done reviews on both online brokers and crypto robots and we understand that there may be some confusion between the two. TradeInvest90 is an online broker. This means that its system relies on other platforms to provide trading services. It is not a particularly complex technology. Trading robots like Cryptosoft or Bitcoin Loophole on the other hand, are sophisticated software that rely on complex algorithms to function. The bots have the built-in function of suggesting to users the best investments to make. Through them, you can also access online brokers like TradeInvest90. TradeInvest90 does not state any regulation on its website and after checking with the registries of official regulatory agencies such as FCA or Cysec, we can conclude that the brokerage is not licensed. This should immediately raise red flags, since regulation is the major stepping stone for building a relationship of trust between brokers and potential traders. Lacking regulation, clients may not be certain about the security of their funds, as well the legitimacy of the broker. Any dealings with such a brokerage are overshadowed by the high possibility of fraud. Furthermore, regulators such as FCA provide traders with participation in a compensatory mechanism by which, in case the broker goes bankrupt, the clients losses are covered by as much as £ 50 000 per person. This assurance and many others are missing when trading with a unlicensed broker. That is why we see the lack of regulation as a huge disadvantage and advise potential traders orient themselves to brokers that carry with them legitimacy. MARKET INSTRUMENT TradeInvest90 offers a great variety of financial markets to choose from. Investors can go for stocks, commodities, indices, forex, CDFs and futures. According to the website, it is possible to trade with 69 currency pairs and 6 kinds of commodities, including silver, gold and coffee. It also offers 5 indices, including Nasadaq, DAX, Dow Jones and others. Over 250 international stocks are available and they include Apple, Amazon, Tesla, Facebook, Google and many other major companies. ACCOUNT AND LEVERAGE At this point you will officially have a personal Cryptosoft account and once you have finished registering you will be redirected to the trading platform. However, to start your trading experience you will have to deposit money into your account. The minimum sum allowed is $250. To deposit your funds, click on the green button on the bottom right of the page. One of the biggest downsides of the broker is probably that the website does not provide information on the different account types. Other brokers on the market do that. Usually, broker websites offer three or four different account types users can have. Each account upgrade normally offers significant trading advantages but the minimum deposit amount increases. The most basic account type on other brokers requires a minimum deposit of $250 average. It is likely that the account choices exist, but the broker website fails to provide users with this kind of information. Traders basically use loans given to them by the broker, TradeInvest90 in this case, to make money from the changes in exchange rates between two countries. We have found that TradeInvest90 offers a leverage of up to 1:400. This means that the investor has to have at least 0.0025% of the total value of his trade available in cash on his trading account. SPREADS AND COMMISSIONS Of course, commissions and spreads vary depending on the asset an investor has intentions to trade with. Based on the brokers website, assets such as Tesla, Apple and Google have spreads of 0.41, 0.23 and 1.54. For commodities such as gold and silver the spread is at 2.75 and 0.055. We were unable to find out specific information on commissions. TRADING PLATFORM AVAILABLE TradeInvest90 uses TraderSoft as a platform to support traders. Even though the platform is fairly good, a better platform the broker could rely on would be MetaTrader 4 (MT4), developed by MetaQuotes. The platform is the most popular on the market and one of the most user-friendly available. MT4 also supports automated trading systems. In fact, trading robots based on algorithms allowing the automated trading option like Cryptosoft, offer the possibility to trade on MetaTrader4. This is another of the reasons why we suggest to use TradeInvest90 via Cryptosoft: the latter is more comprehensive of all the functions you can have access to in the world of crypto trading. DEPOSIT AND WITHDRAWAL Investors choosing to trade on TradeInvest90 are offered a very diverse set of payment methods. These include, BankWire Transfer, Yandex, Neteller, PlusPay, Web Money, Comodo, PaySafe card, Skrill, Qiwi Wallet, credit and debit cards. If you have trouble with any deposit or withdrawal, we suggest to contact customer support immediately, they will definitely be able to help. Be aware that the platforms charges an inactivity fee if the account is not used for longer than a certain period of time. CUSTOMER SERVICE Customer support certainly is another positive aspect on the brokers website. Staff is apparently available six days a week and can be contacted via live chat, email or telephone. There is also a support form that can be filled in. They guarantee an answer within 24 hours. In the support form you are required to type in your full name, email address and phone number. You are then requested to select the topic of your message and then write down your concern.