Company Profile
Company Profile
Review summary
General Information & Regulation
Investigram is said to be operated by Investigram LTD., a company registered in Saint Vincent and the Grenadines (SVG). SVG-registered brokers arent licensed even formally, which leaves them free to conduct business as they see fit. And the truth is, most of them are actually running investment scams.
Market Instruments
With Investigram, traders can get access to trading assets like forex currency pairs, commodities, indices, stocks, cryptocurrencies.
Minimum Deposit
In terms of minimum initial deposit, InvestiGram has set their minimum deposit at $250, a requirement that meets the industry standards. Although this is the reasonable deposit amount, given the fact that this broker is an unregulated one, traders should stay away from it.
Leverage
InvestiGram says to provide up to 1:400 in leverage – a level overly risky for retail traders. Traders should be aware that leverage has a dark side to it – the higher the levels used, the greater the risk of loss.
Spreads & Commissions
In terms of spreads, commissions, or tranding costs, Investigram doesnt make this part clear. In most case, unregulated broker tend to hide their trading fees to scam new traders.
Trading Platform Available
InvestiGram says to use MetaQuotes‘ latest platform, the MetaTrader5 (MT5). However, we couldn’t access InvestiGrams distribution – there are no free demo accounts, nor freely downloadable MT5. Furthermore, our attempt to open a real account with them failed for some reason.
Deposit & Withdrawal
It seems that there are only two payment methods: through cards, and wire transfer. Anyway, we recommend Debit/Credit card funding only because its the safest deposit method, regardless of the broker. Because major card providers Visa and MasterCard allow chargeback option to those who have fallen victim to investment scam.
