Investing24.com
Pros and Cons
Pros
- Regulated by Cyprus Securities and Exchange Commission (CYSEC)
- Diverse trading instruments: Forex, Metals, Commodities, Cryptocurrencies, Indices, Shares
- Trading platform: MetaTrader 4 (MT4) available
- Leverage up to 1:30 for major currency pairs
- Multiple deposit and withdrawal methods available
Cons
- Unregulated in major financial jurisdictions
- High minimum deposit of $500
- Wide spreads starting from 2.3 pips
- Limited educational resources for traders
- No support for advanced trading tools or platforms
Basic Information
User Reviews
Investing24.com Overview
Investing24.com is a forex broker established in 2005 and headquartered in Limassol, Cyprus. The broker is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license number 182/12, ensuring compliance with EU financial regulations. This regulatory status provides a level of oversight that enhances the broker’s credibility in the competitive forex market, although potential traders should remain aware of the inherent risks associated with trading in leveraged markets.
Investing24 offers a diverse range of trading instruments, including forex, commodities, cryptocurrencies, and indices, catering to various trading preferences. The platform primarily operates on MetaTrader 4, known for its user-friendly interface and advanced charting tools. Customer support is available through multiple channels, including phone and email, ensuring responsiveness to trader inquiries. Unique advantages of Investing24 include competitive spreads starting from 2.3 pips and the option for high leverage, making it an attractive choice for both novice and experienced traders seeking to enhance their trading experience.
Is Investing24.com Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Cyprus Securities and Exchange Commission (CYSEC) | Cyprus | Segregated Funds, Investor Compensation Scheme |
Is Investing24.com Regulated and How Are Client Funds Protected?
Investing24.com is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license number 182/12. This regulation requires the broker to adhere to stringent operational standards, including the segregation of client funds from company funds. Consequently, this provides a layer of protection for investors in the event of insolvency. Furthermore, as a regulated entity, Investing24.com is required to participate in the Investor Compensation Scheme, which offers additional protection to clients in specific circumstances. Overall, while Investing24.com is regulated and implements necessary fund protection measures, potential investors should remain cautious and conduct thorough research before committing funds.
Trading Products and Services
What trading instruments does Investing24.com offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | Many |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Many |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Many |
| Stocks | US (e.g., Apple, Tesla), UK (e.g., BP, Vodafone) | Varies |
| Cryptocurrencies | BTC, ETH, XRP, LTC | Many |
Investing24.com offers a diverse range of trading instruments that cater to various trader profiles. With a robust selection across asset categories such as Forex, commodities, indices, stocks, and cryptocurrencies, users can develop tailored trading strategies that align with their individual goals. This variety not only supports beginners who are just starting but also experienced traders seeking to diversify their portfolios. The inclusion of multiple asset classes aids in mitigating risks and optimizing returns, making it a valuable platform for traders looking to explore different markets and trading opportunities.
Account Types and Trading Conditions
What Account Types and Fees Does Investing24.com Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Bronze Account | Beginners | Low initial deposit, basic features | Minimum deposit of $500, suitable for small traders |
| Silver Account | Intermediate traders | Lower spreads, enhanced functionalities | Requires a minimum deposit of $2,000 |
| Gold Account | Experienced traders | Very low spreads, premium services | Requires a minimum deposit of $20,000, ideal for professional trading |
Account Opening Process
Opening an account with Investing24.com involves a straightforward process. First, you need to submit personal information, including your name, address, and contact details. Next, employment and financial information will be required to assess your trading experience and financial status. Following this, you must provide identity verification documentation, such as a government-issued ID and proof of address (like a utility bill). It is important to note that you will have the flexibility to upgrade your account to a professional account later, depending on your trading volume and experience.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| Forex (GBP/USD) | 1.0 | $0 (ECN: $3.5/lot) | Competitive spreads |
| CFDs (Stocks) | 1.5 | $0.2 per share | Varies by stock |
| CFDs (Indices) | 1.0 | $0 | Includes major indices |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
Investing24.com has a transparent fee structure. Traders should be aware of deposit and withdrawal fees, which may vary depending on the method used. Additionally, an inactivity fee may apply if your account remains dormant for an extended period. There are no platform usage fees associated with the trading platform. Overnight interest, also known as swap rates, may apply for positions held overnight. Lastly, currency conversion fees may be incurred if you trade in currencies different from your account’s base currency.
Trading Platforms and Apps
What Trading Platforms and Apps Does Investing24.com Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | 2FA, encryption, multiple order types, price alerts, technical indicators | Demo account, VPS |
| Web Version | Any device with a browser | Secure login, market search, multiple order types, push notifications | No |
| Mobile App | iOS, Android | Biometric login, price alerts, one-click trading, economic calendar | No |
Investing24.com provides a variety of trading platforms to cater to different trader needs. The MT4 platform is well-suited for beginners and experienced traders, offering robust features and tools for market analysis. The web version allows for seamless trading across devices, ensuring accessibility. The mobile app enhances trading convenience, enabling traders to manage their accounts on the go.
Investing24 prioritizes security with features like two-factor authentication and encryption. With fast order execution and real-time alerts, traders can respond promptly to market changes. The broker supports mobile trading effectively, catering to the needs of traders who prefer to operate from their mobile devices.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | Deposit: 1-3 days, Withdrawal: 2-5 days | Usually free, but banks may charge a fee (USD 15-30 for international wires) | Min Deposit: 100 USD, Max Withdrawal: 50,000 USD/day | USD, EUR, GBP, JPY, AUD |
| Credit/Debit Card | Deposit: Instant, Withdrawal: 1-3 days (after verification) | No platform fees, but cash advance fees may apply | Min Deposit: 100 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| E-wallets (PayPal, Skrill, Neteller) | Deposit: Instant, Withdrawal: Same day | No platform fees, but e-wallet fees may apply (1-2%) | Min Deposit: 50 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| Local Payment Methods (GrabPay, FasaPay, POLi, etc.) | Deposit: Instant, Withdrawal: 1-2 days | No platform fees, but local fees may apply | Min Deposit: 10 USD, Max Withdrawal: Varies by method | Supports local currencies |
Withdrawals must return to the original payment method due to anti-money laundering (AML) and know-your-customer (KYC) requirements, ensuring traceable fund flows. First-time large withdrawals (typically over 2,000 USD) require identity documents (passport) and address proof (utility bill), with additional scrutiny for suspicious transactions.
Payment methods may vary by region: Southeast Asian users may prefer GrabPay or local bank transfers; European clients often use SEPA transfers; Latin American users rely on domestic banks. Note that US users cannot use Skrill, and some Middle Eastern countries limit PayPal. Partner banks in Japan may offer zero-fee transfers.
Cost Optimization Tips
- Small Deposits (<1,000 USD): Prioritize e-wallets or credit cards for instant, fee-free deposits.
- Large Deposits (>5,000 USD): Use bank transfers or SEPA for a lower total cost despite slower processing times.
- Avoid Hidden Costs: Match the deposit currency with your account’s base currency to avoid conversion fees.
- Multi-base Currency Accounts: Select brokers with several base currency options to minimize cross-currency fees.
How to Withdraw
To withdraw funds, log into your account and navigate to the withdrawal section. Select your preferred payment method, enter the amount, and follow the prompts. Ensure you have completed identity verification if your withdrawal exceeds 2,000 USD. All withdrawals are subject to AML checks, and processing times may vary based on the chosen method.
Customer Support
Investing24.com Customer Support Overview
Support Channels
Investing24.com offers multiple contact methods to ensure customer support is accessible and efficient. Users can reach out via:
- Email: Customers can contact support by sending an email to support@investing24.com. This method allows for detailed inquiries and is well-suited for non-urgent issues.
- Live Chat: A live chat feature is available on the Investing24.com website, providing instant assistance for urgent questions and real-time support.
- Telephone: For immediate help, customers can call +357 25 022 870. This direct line ensures quick communication with the support team.
- Social Media: Investing24.com maintains a presence on various social media platforms, enabling users to connect and receive updates through these channels.
Service Availability
Investing24.com prides itself on providing robust customer service, available 24/5. Their support team is equipped to assist clients in multiple languages, enhancing the overall customer experience. Currently, they offer support in English and several European languages, catering to a diverse clientele.
Additional Resources
To further assist traders, Investing24.com provides a variety of educational resources, including:
- Video tutorials: These cover basic to advanced trading techniques, helping users to maximize their trading potential.
- Webinars: Regularly scheduled webinars offer insights into market trends and strategies, providing valuable information for traders of all levels.
- Market analysis: Daily and weekly market reports help users stay informed about the latest market developments.
- Trading signals: Investing24.com provides trading signals to assist users in making informed decisions based on real-time market data.
With a commitment to quality support and valuable resources, Investing24.com ensures their customers feel well-supported in their trading journey.
Frequently Asked Questions
Yes, Investing24.com is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under the licensed entity Fxnet Ltd, license number 182/12. This regulation ensures that they adhere to EU rules, including fund segregation and transparency in operations.
Investing24.com offers various trading conditions. The spreads start from 2.3 pips for the Bronze account, with lower spreads available for Silver and Gold accounts. The leverage offered can go up to 1:30 for major currency pairs, with different leverage limits for other instruments. It’s vital to understand that higher leverage increases both potential profits and risks.
Investing24.com employs strict measures to ensure the security of client funds, including the segregation of client funds from operational funds as mandated by CYSEC regulations. Additionally, they provide multiple secure payment methods for deposits and withdrawals, enhancing the overall security of transactions.
Users generally report a positive experience with Investing24.com, particularly appreciating the stability of the MT4 trading platform, which is accessible on PC, web, and mobile. However, potential clients should remain aware of the high minimum deposit requirement of $500 and regional restrictions when considering account opening.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.