InvestPlus forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc
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The foreign exchange (Forex) market is a critical component of the global economy, facilitating the trading of currencies and impacting international trade and investments. In this context, Investplus Trade has emerged as a player in the Forex brokerage landscape. However, potential traders must navigate the complexities of this broker's offerings and regulatory standing. This article aims to answer three core questions regarding Investplus Trade: What are the trading conditions and fees? What platforms and products does it offer? What are the advantages and disadvantages of trading with this broker?
Established | Regulatory Authority | Headquarters Location | Minimum Deposit | Leverage | Average Spread |
---|---|---|---|---|---|
2020 | None | Hanoi, Vietnam | $200 | Up to 1:100 | 4 pips (EUR/USD) |
Investplus Trade, founded in 2020, operates from Hanoi, Vietnam, but lacks oversight from any regulatory authority. This absence of regulation is a significant red flag for potential investors, as it raises concerns about the broker's accountability and transparency. The minimum deposit requirement of $200 is relatively standard compared to industry norms. However, the leverage offered, capped at 1:100, is modest, especially when compared to other brokers that provide higher leverage ratios.
Moreover, the average spread of 4 pips on the EUR/USD pair is notably wider than the industry standard, which typically ranges between 1 to 2 pips. This suggests that trading costs on Investplus may be higher than those offered by more established brokers, potentially impacting the profitability of trades.
Investplus Trade offers access to several trading platforms, including CQG Desktop, CQG Mobile, and CQG Q Trader. While these platforms provide essential functionalities such as real-time market data and order execution, they do not include the widely-used MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which could limit the trading experience for many users.
Currency Pair Category | Number of Pairs | Minimum Spread | Trading Hours | Commission Structure |
---|---|---|---|---|
Major Currency Pairs | 10 | 4 pips | 24/5 | None |
Minor Currency Pairs | 5 | 5 pips | 24/5 | None |
Exotic Currency Pairs | 3 | 6 pips | 24/5 | None |
The range of currency pairs available for trading on Investplus is limited, with only 10 major pairs and a few minor and exotic pairs. The minimum spreads for these pairs are significantly high, further indicating that trading costs could be a barrier for retail traders. The absence of a commission structure suggests that the broker relies solely on spreads for revenue, which may not be favorable for active traders.
In terms of execution speed, while specific data on slippage is not provided, the platform's performance can be expected to be average given the wider spreads. Traders should be cautious, as wider spreads can lead to increased slippage during volatile market conditions.
Regarding security measures, Investplus does not provide clear information on client fund protection or insurance policies. This lack of transparency further exacerbates concerns about the safety of traders' funds. Customer satisfaction ratings are low, with warnings from various financial review sites indicating that traders should exercise caution when dealing with this broker.
Given the trading conditions and features of Investplus, a basic trading strategy suitable for this platform could involve a conservative approach to risk management. Traders may consider using a fixed percentage of their capital for each trade, ensuring that they do not exceed 1-2% of their account balance on any single trade. This strategy can help mitigate losses, especially in a trading environment with higher spreads.
In conclusion, while Investplus Trade offers some appealing features, such as a low minimum deposit and user-friendly platforms, the lack of regulation and high trading costs raise significant concerns. Traders should be cautious and conduct thorough research before engaging with this broker. It may be more suitable for novice traders who are willing to accept higher risks in exchange for lower initial capital requirements, while experienced traders might prefer more established and regulated brokers with competitive trading conditions.
1. Is Investplus Trade a regulated broker?
No, Investplus Trade is not regulated by any financial authority, which poses risks to traders.
2. What is the minimum deposit required to start trading with Investplus?
The minimum deposit required is $200.
3. What trading platforms does Investplus offer?
Investplus offers CQG Desktop, CQG Mobile, and CQG Q Trader, but does not support MetaTrader 4 or 5.
Risk Warning: Trading Forex and CFDs involves significant risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
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