Investing1 is a forex broker that is supposedly licensed by the authorities of Saint Vincent and The Grenadines. In the review below, we take an in-depth look at the features investing1.com allegedly offers. This review basically answer the questions: is Investing1 legit? Is investing One good? The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about Investing One forex broker.
Table of Contents
Investing1 Trading Platform
Although the website looks professional and well-designed, it feels empty as necessary and required information isn’t provided.
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At first glance we discover that this broker doesn’t broker support neither the MT4 nor the MT5 trading platform. They use a web based platform to offer assets such as Forex (with leverages up to 1:500) CFDs, Indices, Stocks, and Precious metals
Investing1 Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has six account types with the lowest starting from $50
Is Investing1 Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
The payment section states that clients can fund an account are via Credit, Debit Card, Bank Transfer, Neteller, Skrill, CashU, Webmoney, and bitcoin
One thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal.
Is Investing1 Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
The website is owned by Royal Investments Inc, and it claims that it is registered and located in St. Vincent and the Grenadines. St. Vincent and the Grenadines is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body.
The government of the SVG has stated in the past it does not regulate any form of forex trading.
Traders should always ascertain if a broker is licensed before investing in them. They should check regulatory bodies such as the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others. .
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Accounts
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
In fact-checking this broker, we found that many of its claims were either or false or unverifiable. We can’t confirm their location, and also, there is a lack of transparency in depositing funds and even a foggier and non-explained process of withdrawing. We don’t advise you to invest with this broker, any attempts to do so we certainly lead to loss of your funds.