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Regarding the legitimacy of InvestAZ forex brokers, it provides FSPR and WikiBit, .

Is InvestAZ safe?

Rating Index

WikiFX Detection

Business

Influence E

License

FSPR Revoked

Is InvestAZ markets regulated?

The regulatory license is the strongest proof.

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FSPR Financial Service Corporate

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Financial Service Providers Register

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Financial Service Corporate
  • Licensed Entity:

    INVEST AZ LIMITED INVEST AZ LIMITED
  • Effective Date:

    2012-10-30
  • Email Address of Licensed Institution:

    --
  • 53748:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    2021-04-30
  • Address of Licensed Institution:

    2 Morgan Street, Newmarket, Auckland, 1023, New Zealand, 2 Morgan Street Newmarket No:10 Newmarket Auckland
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

  

Is Investaz A Scam?

  

Introduction

  Investaz is an online forex broker that has positioned itself as a player in the competitive forex market since its inception in 2008. With its headquarters in New Zealand and a history rooted in Azerbaijan, Investaz offers a variety of trading instruments, including forex, metals, indices, and commodities, through popular platforms like MetaTrader 4. As the forex market continues to grow, traders must exercise caution and thoroughly evaluate brokers before entrusting them with their capital. This article investigates the legitimacy of Investaz by analyzing its regulatory status, company background, trading conditions, and customer experiences. The findings are based on a comprehensive review of various online resources and user feedback, providing a structured approach to assess whether Investaz is safe for trading or if it raises red flags.

  

Regulation and Legitimacy

  The regulatory status of a trading broker is a critical factor that can significantly impact its credibility and safety. Investaz claims to be regulated by the Financial Markets Authority (FMA) in New Zealand and the Central Bank of Azerbaijan. However, recent reports indicate that the FMA has blacklisted Investaz due to concerns regarding its compliance with local regulations. This raises questions about the broker's legitimacy and adherence to industry standards.

Regulatory Authority License Number Regulated Area Verification Status
Financial Markets Authority (FMA) N/A New Zealand Blacklisted
Central Bank of Azerbaijan 087986 Azerbaijan Active

  The lack of a solid regulatory framework, particularly from a tier-1 regulator, is concerning. While Investaz operates under the oversight of the Central Bank of Azerbaijan, the FMAs blacklisting indicates a potential risk for investors. A broker's regulatory status not only ensures compliance with financial laws but also provides a safety net for clients in case of disputes. Therefore, the absence of robust regulation raises significant concerns about whether Investaz is safe for trading.

  

Company Background Investigation

  Understanding a broker's background is essential for assessing its reliability. Investaz was established in 2008, initially operating in Azerbaijan before expanding its services to New Zealand. The company has undergone several changes in its operational structure and regulatory status over the years. However, detailed information about its ownership and management team remains sparse, which is a potential red flag for transparency.

  The management teams expertise and experience play a crucial role in a broker's operations. Unfortunately, Investaz has not provided sufficient information regarding its leadership, which makes it difficult to evaluate the company's commitment to ethical practices and customer service.

  Moreover, the level of transparency regarding its operations and financial health is lacking. A broker should ideally disclose its ownership structure and provide insights into its management team to foster trust among potential clients. The absence of such information raises questions about the broker's integrity and operational practices, leading to skepticism about whether Investaz is safe for trading.

  

Trading Conditions Analysis

  Investaz offers a variety of trading accounts, each with different minimum deposit requirements and trading costs. The broker's fee structure includes spreads, commissions, and overnight interest rates. However, some fees may be considered unusual or problematic, particularly the withdrawal fees, which can be as high as $25 for amounts less than $1,000.

Fee Type Investaz Industry Average
Major Currency Pair Spread 0.6 - 1.6 pips 0.5 - 1.0 pips
Commission Structure No commission Varies
Overnight Interest Range Varies Varies

  The spreads offered by Investaz can be competitive, especially for higher-tier accounts. However, the higher minimum deposit requirements for these accounts may deter smaller traders. Additionally, the lack of a clear commission structure can lead to confusion among traders regarding the total costs associated with trading.

  Overall, while Investaz does provide various trading options, the complexity of its fee structure and the potential for high withdrawal fees may raise concerns about whether Investaz is safe for retail traders, particularly those with smaller capital.

  

Client Funds Security

  The safety of client funds is paramount for any trading broker. Investaz claims to keep client funds in segregated accounts with tier-1 banks, which is a standard practice aimed at protecting traders' capital. However, the effectiveness of these measures is contingent upon the broker's regulatory compliance and operational transparency.

  Investaz offers negative balance protection, ensuring that clients cannot lose more than their deposited funds. This is a positive aspect, as it minimizes the risk for traders, especially in a volatile market. Nevertheless, the historical context of the broker's regulatory issues casts doubt on the reliability of these security measures.

  Despite these claims, there have been reports of withdrawal issues and complaints from users regarding difficulties in accessing their funds. Such incidents can significantly undermine the trustworthiness of a broker. Therefore, potential clients must consider whether Investaz is safe based on the broker's historical performance in safeguarding client funds.

  

Customer Experience and Complaints

  Customer feedback is a vital indicator of a broker's reliability and service quality. Investaz has received mixed reviews from users, with many expressing concerns over withdrawal processes and customer support responsiveness. Common complaints include:

Complaint Type Severity Level Company Response
Withdrawal Issues High Slow response
Customer Support Medium Inconsistent
Account Management Medium Average

  One typical case involved a trader who reported difficulties withdrawing funds after a profitable trading session, with the broker citing issues related to market prices. Such experiences can lead to significant frustration and distrust among clients, raising concerns about whether Investaz is safe for trading.

  The inconsistency in customer support has also been a recurring theme in user feedback. Traders have reported long wait times for responses and inadequate resolutions to their queries, which can be detrimental to the overall trading experience.

  

Platform and Trade Execution

  The trading platform's performance is crucial for a smooth trading experience. Investaz provides access to MetaTrader 4, which is widely regarded for its user-friendly interface and robust trading features. However, there are concerns regarding the platform's stability and execution quality.

  Users have reported instances of slippage and order rejections, which can significantly impact trading outcomes. The absence of clear communication regarding execution policies raises questions about whether the broker may engage in practices that could be perceived as market manipulation.

  Overall, while the platform offers essential features for traders, the reported execution issues and potential signs of manipulation may lead traders to question whether Investaz is safe for their trading activities.

  

Risk Assessment

  Trading with Investaz carries inherent risks, particularly given its regulatory status and customer feedback. The following risk assessment summarizes key areas of concern:

Risk Category Risk Level (Low/Medium/High) Brief Description
Regulatory Compliance High Blacklisted by FMA
Withdrawal Issues Medium Reports of delays
Customer Support Medium Inconsistent responses

  To mitigate these risks, traders should conduct thorough research and consider using a demo account to familiarize themselves with the platform before committing real funds. Additionally, diversifying investments and not risking more than one can afford to lose are essential strategies for managing trading risks effectively.

  

Conclusion and Recommendations

  In conclusion, while Investaz presents itself as a legitimate forex broker with various trading options, the evidence suggests that potential clients should exercise caution. The broker's regulatory issues, mixed customer feedback, and concerns over fund security raise significant doubts about whether Investaz is safe for trading.

  For traders seeking reliable alternatives, it may be prudent to consider brokers with robust regulatory oversight, transparent fee structures, and positive customer reviews. Brokers like [insert recommended brokers] have established a reputation for trustworthiness and customer satisfaction, making them preferable choices for traders looking to navigate the forex market safely.

InvestAZ latest industry rating score is 1.57, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.57 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

InvestAZ safe