InvestingPro 2025 Review: Everything You Need to Know
InvestingPro, an offshore forex broker, has garnered significant attention for its questionable legitimacy and regulatory status. The overall consensus among experts and user reviews is predominantly negative, highlighting concerns about the broker's lack of regulation, poor customer service, and potential scams. Key findings indicate that while the platform offers various trading tools, the risks associated with trading through InvestingPro significantly outweigh any potential benefits.
Note: It is crucial to be aware that InvestingPro operates under different entities across regions, which complicates its regulatory status and raises red flags regarding its legitimacy.
Ratings Overview
How We Rated the Broker: Ratings are based on a synthesis of user experiences, expert analyses, and available factual data.
Broker Overview
InvestingPro is purportedly operated by Milton Group Ltd, registered in the Marshall Islands, and Kyoto Limited Ltd, based in Sofia, Bulgaria. Established around 2018, the broker provides access to forex and CFD trading. It primarily utilizes the MetaTrader 4 (MT4) platform, a popular choice among traders for its comprehensive features. However, the broker lacks any significant regulatory oversight, with no credible regulatory bodies overseeing its operations.
Regulatory Jurisdictions
InvestingPro is registered in the Marshall Islands, notorious for its lax regulatory environment, which raises significant concerns about the safety of funds. Additionally, the broker has been flagged by various regulatory authorities, including Spain's CNMV, warning that it is unauthorized to provide investment services.
Deposit/Withdrawal Currencies
InvestingPro accepts deposits via bank transfers, credit cards, and various e-wallets, but the specific currencies accepted are not clearly stated. There is a notable absence of information regarding cryptocurrency deposits.
Minimum Deposit
The minimum deposit requirement is unspecified, which poses another risk factor for potential clients, as it indicates a lack of transparency.
There are no current bonuses or promotions offered by InvestingPro, which is typical for unregulated brokers seeking to attract clients without the backing of legitimate incentives.
Tradeable Asset Classes
InvestingPro claims to offer a range of trading instruments, including forex pairs and CFDs. However, the quality and reliability of these instruments remain questionable due to the broker's unregulated status.
Costs (Spreads, Fees, Commissions)
The specific costs associated with trading on InvestingPro, including spreads and commissions, are not clearly disclosed, which can lead to unexpected charges for traders.
Leverage
While the broker advertises high leverage options, the exact ratios are not specified, posing additional risks for traders who may not fully understand the implications of high leverage trading.
InvestingPro operates primarily on the MT4 platform, which is widely recognized for its user-friendly interface and extensive analytical tools. However, the broker's own proprietary platform is also mentioned, though details on its functionality are scarce.
Restricted Regions
Due to its unregulated status, InvestingPro may be operating illegally in several jurisdictions, particularly in the European Union.
Available Customer Support Languages
Customer support is limited, with services reportedly available only in English and a few other languages. Users have cited poor customer service experiences, including long wait times and unresponsive support channels.
Ratings Recap
Detailed Breakdown
Account Conditions
InvestingPro's account conditions are concerning, with a lack of transparency regarding minimum deposits and withdrawal fees. The absence of a clear structure makes it difficult for traders to assess their financial commitments.
While the broker offers the widely-used MT4 platform, the lack of additional educational resources or advanced trading tools limits its appeal, particularly for novice traders.
Customer Service and Support
Reviews consistently highlight poor customer service, with many users reporting difficulties in reaching support and resolving issues. This lack of reliable customer service can lead to frustration and financial loss.
Trading Experience
The trading experience on InvestingPro is marred by concerns over execution speed and reliability, particularly during volatile market conditions. Users have reported issues with order execution and withdrawal requests.
Trustworthiness
InvestingPro's trustworthiness is significantly undermined by its unregulated status and numerous user complaints regarding withdrawal issues and potential scams. The lack of a credible regulatory body overseeing its operations is a major red flag.
User Experience
User experiences vary, but many have reported negative interactions with the platform, citing confusion over account management and poor communication from the broker.
In conclusion, while InvestingPro may offer a platform for trading forex and CFDs, the risks associated with trading through an unregulated broker far outweigh any potential benefits. Prospective traders are strongly advised to consider regulated alternatives to ensure the safety of their funds and a more reliable trading experience.