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Investousit has garnered significant attention in the forex trading community, with a mix of positive and negative feedback from users and analysts alike. This review aims to synthesize the insights gathered from various sources, highlighting key features, user experiences, and expert opinions regarding this broker. Notably, the presence of multiple regulatory entities across regions introduces complexity, which is crucial for potential traders to understand.
Note: The different entities operating under the Investousit brand can lead to varying experiences and regulatory protections, affecting the overall trustworthiness of the broker.
Category | Rating (out of 10) |
---|---|
Account Conditions | 6 |
Tools and Resources | 5 |
Customer Service and Support | 4 |
Trading Setup (Experience) | 6 |
Trustworthiness | 3 |
User Experience | 5 |
Fees and Costs | 4 |
How We Rate Brokers: Our ratings are based on comprehensive research, user feedback, and expert analysis.
Founded in 2018, Investousit operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) and the International Financial Services Commission of Belize (IFSC). The broker offers a variety of trading platforms, including the popular MetaTrader 4 (MT4), facilitating access to a range of assets such as forex, commodities, indices, and cryptocurrencies. The dual regulatory structure raises questions about the consistency and level of protection offered to traders operating in different jurisdictions.
Investousit is regulated in multiple jurisdictions, primarily by CySEC in Cyprus and IFSC in Belize. While CySEC offers a more robust regulatory framework with investor protection schemes, the IFSC's oversight is often deemed less stringent. This dual structure can create confusion for traders regarding the level of safety and recourse available in case of disputes. According to [source], the lack of a physical address for the Belize entity raises additional concerns about transparency.
Investousit accepts various deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets like Skrill and Neteller. The minimum deposit requirement is set at $250, which is relatively standard in the industry. However, users have reported high withdrawal fees, particularly a 3.5% charge for credit card withdrawals, which can significantly impact profitability. As noted by [source], there are also internal withdrawal fees that can reach up to €80 under certain conditions, adding to the overall cost of trading.
While Investousit does offer bonuses, these are often limited and come with stringent conditions. The broker's promotional offers are not as competitive compared to other brokers in the market, which could deter potential clients seeking more attractive incentives. According to [source], the lack of clarity regarding bonus terms can lead to confusion and dissatisfaction among users.
Investousit provides access to over 270 trading instruments, including forex pairs, commodities, indices, and cryptocurrencies. However, the selection of assets, particularly in the cryptocurrency space, has been criticized for high spreads, which can diminish potential returns. As per [source], the average spread for major pairs like EUR/USD is around 2.5 pips, which is on the higher side compared to industry standards.
Investousit operates with a commission-free model, relying on spreads for revenue. While this may seem appealing, the spreads are often higher than those offered by other brokers, which can erode trading profits. Additionally, the inactivity fee of €80 after one month of no trading is considered excessive by many users. According to [source], traders should be aware of these costs when considering this broker.
The maximum leverage offered by Investousit is up to 1:500, which can attract traders looking for high-risk, high-reward opportunities. However, this level of leverage comes with significant risks, and it is essential for traders to fully understand the implications before engaging in leveraged trading. As highlighted by [source], the leverage options can vary depending on the regulatory region, which adds another layer of complexity for traders.
Investousit primarily offers the MT4 platform, known for its user-friendly interface and extensive analytical tools. The broker also provides a web-based trading platform, which is less feature-rich compared to MT4. The availability of both platforms allows traders to choose based on their preferences, but the lack of a demo account for the web platform can be a drawback for novice traders looking to practice before committing real funds.
Investousit does not accept clients from several countries, including the United States and certain regions in Canada. This limitation can restrict access for potential traders looking for a regulated broker in these jurisdictions. According to [source], it is crucial for traders to verify whether they are eligible to open an account with Investousit before proceeding.
Investousit provides customer support in multiple languages, including English, Spanish, Arabic, German, Portuguese, and Russian. However, user reviews indicate that the quality of customer service is lacking, with many reporting slow response times and inadequate support. As noted by [source], this can be a significant issue for traders requiring timely assistance.
Category | Rating (out of 10) |
---|---|
Account Conditions | 6 |
Tools and Resources | 5 |
Customer Service and Support | 4 |
Trading Setup (Experience) | 6 |
Trustworthiness | 3 |
User Experience | 5 |
Fees and Costs | 4 |
The minimum deposit of $250 is standard, but the high withdrawal fees and inactivity charges detract from the overall attractiveness of the account conditions.
While Investousit offers access to MT4 and a web-based platform, the lack of educational resources and demo accounts limits support for novice traders.
User feedback indicates significant dissatisfaction with customer service, highlighting slow response times and inadequate support.
The trading experience on MT4 is generally positive, but the web platform lacks certain features that can enhance trading efficiency.
The varying regulatory oversight and user complaints about withdrawal issues raise concerns about the trustworthiness of Investousit.
While some users report positive experiences, the overall sentiment is mixed, with many expressing frustration over fees and customer support.
High withdrawal fees and spreads can significantly impact profitability, making it essential for traders to consider these costs carefully.
In conclusion, while Investousit offers a range of trading options and platforms, potential traders should be cautious and thoroughly research their options before committing funds. The mixed reviews and regulatory complexities present a nuanced picture of this broker in the competitive forex landscape.