Investpro 2025 Review: Everything You Need to Know
Investpro, a broker that has been in operation for several years, has garnered significant attention in the trading community, but not all of it is positive. This review synthesizes various insights from multiple sources, highlighting user experiences, expert opinions, and critical features of the platform. Overall, the consensus leans heavily toward caution, with numerous red flags regarding its legitimacy and operational practices.
Note: Its crucial to recognize that Investpro operates under different entities in various regions, which can complicate its regulatory standing. The approach taken here aims for fairness and accuracy by aggregating information from diverse sources.
Rating Overview
How We Rated the Broker: Ratings are based on a comprehensive analysis of user reviews, expert assessments, and factual data regarding the broker's operations.
Broker Overview
Founded in 2014, Investpro markets itself as a global trading service provider based in Canada, with claims of offering a wide range of financial instruments. The platform primarily utilizes the popular MetaTrader 4 (MT4) trading software, which is favored for its user-friendly interface and robust analytical tools. However, it is critical to note that Investpro is currently unregulated, having had its license revoked by the Vanuatu Financial Services Commission (VFSC), raising serious concerns about its credibility and safety.
Detailed Breakdown
Regulatory Status
Investpro is not regulated by any credible financial authority. The VFSC revoked its license, which is a significant red flag for potential investors. This lack of regulation means that traders have no protection or recourse in case of disputes. According to multiple sources, including WikiFX, the absence of oversight poses a considerable risk to users.
Deposit/Withdrawal Methods
The broker supports various payment methods, including Visa, wire transfers, and Skrill. However, specific details regarding minimum deposit amounts and withdrawal procedures are often vague or absent, leading to frustration among users. Reports suggest that users experience delays or difficulties when attempting to withdraw funds, a common complaint among unregulated brokers.
Minimum Deposit
Investpro requires a minimum deposit of $100 for a standard account, which is relatively accessible compared to other brokers. However, higher-tier accounts require significantly more capital, such as $3,000 for a raw spread account and $10,000 for an ECN social trading account.
Currently, there are no notable bonuses or promotions offered by Investpro. This lack of incentives may deter potential clients looking for competitive advantages in their trading experience.
Tradable Asset Classes
Investpro claims to provide access to various asset classes, including over 28 currency pairs, spot metals like gold and silver, CFDs on major company shares, indices, and commodities. However, the lack of detailed information regarding the specific assets available for trading raises concerns about transparency.
Costs (Spreads, Fees, Commissions)
The spreads offered by Investpro vary by account type, starting from 0 pips for VIP accounts and going up to 3 pips for micro accounts. However, users have reported that the actual trading costs can be higher than advertised, with hidden fees impacting overall profitability.
Leverage
Investpro offers leverage of up to 1:500, which can amplify both profits and losses. While this high leverage can attract experienced traders, it also increases the risk, particularly for those less familiar with market dynamics.
Investpro exclusively uses the MT4 platform for trading, which is well-regarded in the industry. However, the platform's outdated design and lack of advanced features compared to newer platforms may limit the trading experience for some users.
Restricted Regions
While specific restrictions are not clearly outlined, the unregulated nature of Investpro suggests that it may not be suitable for traders in regions with strict regulatory requirements.
Available Customer Service Languages
Investpro's customer service primarily operates in English. Users have reported challenges in reaching customer support, often citing long response times or complete unresponsiveness to inquiries.
Reiterated Rating Overview
Detailed Evaluation
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Account Conditions: While the minimum deposit is low, the lack of regulation and potential for hidden fees significantly undermine the attractiveness of the accounts offered.
Tools and Resources: Investpro provides the MT4 platform, which is robust but lacks some modern features found in newer trading platforms. The availability of basic trading tools is a plus, but educational resources are limited.
Customer Service and Support: The support system appears to be lacking, with numerous complaints about unresponsive customer service. This is a major concern for traders who may require assistance.
Trading Setup (Experience): The trading experience on MT4 can be satisfactory for experienced traders, but the platform‘s limitations and the broker’s lack of transparency can hinder performance.
Trustworthiness: The revocation of Investpros license and the absence of credible regulatory oversight severely impact its trustworthiness. It is essential for potential clients to approach with caution.
User Experience: Users have reported mixed experiences, with many highlighting difficulties in withdrawals and overall dissatisfaction with the service.
In conclusion, the Investpro review indicates that potential traders should exercise extreme caution. The broker's lack of regulation, combined with negative user experiences, suggests that it may not be a safe choice for trading. Prospective clients are strongly advised to consider regulated alternatives to ensure the security of their investments.