NOTE: EU FX Invests official site - https://www.eufxinvest.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is EU FX Invest？
EU FX Invest, registered in the Marshall Islands, is a broker offering trading in forex, indices, commodities, and share CFDs. They advertise spreads as low as 2 pips on their Micro Account and require a minimum deposit of $500 to get started.
However, EU FX Invest is not regulated by any financial authority. Furthermore, its official website is non-functional currently.
Pros & Cons
Pros:
Diverse market instruments: EU FX Invest offers trading in forex, indices, commodities, and share CFDs, providing traders with a wide range of investment options.
Cons:
Lack of regulation: EU FX Invest operates without regulatory oversight, exposing traders to risks associated with unregulated brokers.
Inoperable official website: The current non-functionality of the official website raises questions about the broker's reliability and operational status.
Limited information: There is limited information about EU FX Invest's operation and fees, hindering informed decision-making.
Is EU FX Invest Safe or Scam？
There are strong indications it's not a safe place to invest, such as the lack of regulation, the non-functional official website, and the limited availability of information. Without regulation, there's no oversight on their activities and your funds are not protected in case of issues. A non-functional website for a broker is a major red flag and casts doubt on their credibility and ongoing operations.
Market Instruments
EU FX Invest offers trading in a variety of market instruments.
Forex: Trade major currency pairs, as well as minor and exotic pairs. Forex trading allows you to speculate on the exchange rate between two currencies.
Indices: EU FX Invest offers trading on a variety of global stock indices. Trading indices allows you to speculate on the overall performance of a group of stocks from a particular region.
Commodities: Trade popular commodities such as gold, silver, oil, and agricultural products. Commodities trading involves speculating on the price movements of these physical goods.
Share CFDs: EU FX Invest allows you to trade contracts for difference (CFDs) on shares of companies listed on various stock exchanges. Share CFDs enable you to speculate on the price movements of individual stocks without owning the underlying shares.
Account Types
EU FX Invest offers 5 different account types. Each account type caters to different trading needs and preferences.
Micro Account: With a minimum deposit of $500, this account is designed for traders who are just starting and want to trade with a smaller amount of capital.
Standard Account: The Standard Account is a step up from the Micro Account, requiring a minimum deposit of $1,000. This account type is suitable for traders who have some experience and a slightly larger trading capital.
Silver Account: With a minimum deposit of $2,500, this account is for traders looking for tighter spreads and more trading flexibility.
Gold Account: The Gold Account is designed for more experienced traders with a minimum deposit of $10,000.
VIP Account: The VIP Account is the highest tier account offered by EU FX Invest, requiring a minimum deposit of $25,000.
Leverage
EU FX Invest offers leverage up to 1:400 for their Micro and Standard accounts. This means for every $1 you deposit, you can control a position worth $400. For Silver and Gold accounts, leverage is upon request. While high leverage can magnify profits, it also magnifies losses.
Spreads & Commissions
EU FX Invest offers a range of account types with varying spreads to cater to traders with different preferences and trading styles.
Micro and Standard Accounts: These accounts offer fixed spreads starting from 2 pips.
Silver Account: This account offers tighter spreads, starting from 1 pip, with the option for variable spreads starting from 0.5 pips.
Gold Account: The Gold Account offers even tighter fixed spreads starting from 0.7 pips, with the option for variable spreads starting from 0.5 pips.
VIP Account: The VIP Account offers the tightest spreads, starting from 0.4 pips fixed and 0.3 pips variable.
Additionally, there is no information about commissions.
Customer Service
For EU FX Invest, customer support is available through the following channels. These contact options allow traders to reach out for assistance with account-related queries, technical support, or general inquiries.
Conclusion
EU FX Invest offers forex, indices, commodities, and share CFDs trading. While they advertise attractive features like a variety of account types and potentially low spreads, there are significant red flags, such as the lack of regulation and the non-functional website, making it a risky choice for traders.
We advise you to avoid EU FX Invest and choose a broker that is well-regulated and has a functional and transparent website.
Frequently Asked Questions (FAQs)
Q: Is EU FX Invest regulated？
A: No, EU FX Invest operates without regulation.
Q: What market instruments does EU FX Invest offer？
A: EU FX Invest offers trading in forex, indices, commodities, and share CFDs.
Q: What is the maximum leverage offered by EU FX Invest？
A: EU FX Invest offers leverage up to 1:400.
Q: What is the minimum deposit required to open an account with EU FX Invest？
A: The minimum deposit required varies depending on the account type, starting from $500.
Q: Is it safe to trade with EU FX Invest？
A: No, it is not safe due to the lack of regulation and the non-functional official website.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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