What is InvestPoint？
InvestPoint is a brokerage firm is registered in China. The company offers trading instruments Forex, Commodities, Crypto, Indices, and Stocks through the Web Trader, Desktop Trader, Mobile App trading platforms. However, it currently has no valid regulations.
Traders should always vigilantly manage the risks involved in trading.
We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.
Pros & Cons
InvestPoint Alternative Brokers
There are many alternative brokers to InvestPoint depending on the specific needs and preferences of the trader. Some popular options include:
• Pepperstone - Offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. Pepperstone is known for its competitive spreads, good execution, and reliable platforms. The company's trading platforms are MT4, MT5, TradingView, and cTrader, which all are popular and well-respected platforms.
• XM - XM Trade is a popular broker that offers a wide range of trading services to clients from around the world. Offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. With a strong reputation and presence in the financial markets, XM Trade aims to provide a user-friendly and reliable trading experience.
• Admiral Markets - The company is a global online trading provider offering trading services in various financial instruments, including forex, stocks, commodities, and indices. The company offers a range of trading platforms, account types, and educational resources to its clients.
Is InvestPoint Safe or Scam？
InvestPoint is a broker that is not regulated by any major financial regulator. This means that there is no governing body that oversees its activities or protects its customers. As a result, there is a high risk that InvestPoint could be a scam.
Market Instruments
InvestPoint offers a wide range of market instruments, including Forex, Commodities, Crypto, Indices, and Stocks.
• Forex (foreign exchange) is the market for exchanging one currency for another.
• Commodities are raw materials that are used in the production of goods and services. They include agricultural products such as wheat, corn, and soybeans; energy products such as oil, gas, and coal; and metals such as gold, silver, and copper.
• Cryptos (cryptocurrency) is a digital or virtual currency that uses cryptography for security.
• Indices are baskets of stocks that track a particular market or sector.
• Stocks are bought and sold on stock exchanges, which are marketplaces where buyers and sellers can meet to trade stocks. The prices of stocks are constantly fluctuating, depending on a variety of factors, such as the company's financial performance, economic news, and investor sentiment.
Account Types
There are six trading accounts offered by InvestPoint, namely Starting, Bronze, Silver, Gold, Platinum, and ECN.
The account opening threshold for InvestPoint depends on the account type you choose. Here are the minimum deposit requirements for each account type: Starting: $250, Bronze: $5,000, Silver: $15,000, Gold: $25,000, Platinum: $100,000, ECN: $500,000.
The best trading account for you will depend on your individual needs and preferences. If you are a beginner, then the Starting Account or the Bronze Account may be a good option. If you are experienced and want to have more flexibility, then the Silver Account or the Gold Account may be a better choice. If you want to trade cryptocurrencies, then the ECN Account may be the best option for you.
In summary, InvestPoint offers six different account types with varying features and benefits. Each account type is designed to cater to the specific needs of traders at different levels of experience, providing them with the tools and resources they need to make better trading decisions.
How to Open an Account？
To open an account with InvestPoint, you can follow the below steps:
Go to the official website of InvestPoint.
1. In the top right corner of the homepage, click on the “REGISTER” button.
This will take you to the account registration page.
2. Fill in the required information, including your name, email address, phone number, and password.
3. Select your country of residence and preferred currency for trading.
Agree to the terms and conditions of the brokerage by ticking the box.
4. Click on the “Register” button to complete the registration process.
Once your account is set up, you will receive a confirmation email from InvestPoint.
Follow the instructions in the confirmation email to verify your email address and complete the account activation process.
Spreads & Commissions
As for spreads and commissions, however, there is nothing detailed available on InvestPoint official site.
Below is a comparison table about spreads and commissions charged by different brokers:
The platform also offers a range of account types with different features, including spreads, commissions, and trading tools. Traders can choose the account type that suits their trading style and budget, with the option to upgrade or downgrade later if needed.
Trading Platforms
InvestPoint offers several trading platforms for its clients, including Web Trader, Desktop Trader, Mobile App.
• Web Trader is a web-based trading platform that allows you to trade from any device with an internet connection. It is a simplified version of the trading platform, but it still offers several useful features.
WebTrader is a popular trading platform that offers a number of benefits for traders. It is easy to use, accessible, affordable, and secure. It allows traders to open and close positions online, without downloading any software. It is a popular platform for traders who want to trade on the go or who do not want to install any trading software on their computer.
• Desktop Trader is a PC software application that allows traders to trade stocks, bonds, currencies, and other financial instruments. It is a powerful tool that can be used to analyze market data, place trades, and manage risk.
• Mobile Trader is a mobile trading platform that allows traders to trade stocks, bonds, currencies, and other financial instruments from their smartphones or tablets. It is a convenient and easy-to-use platform that can be used to track market data, place trades, and manage risk.
See the trading platform comparison table below:
Deposits & Withdrawals
There is no information on the specific deposit and withdrawal methods that are accepted by InvestPoint, or on any fees that may be charged for deposits or withdrawals. This lack of information can make it difficult for potential customers to compare InvestPoint to other forex brokers, and to make an informed decision about whether to open an account with them.
InvestPoint minimum deposit vs other brokers
Customer Service
Customers can get in touch with their customer service line using the information provided below:
24/7 support
Email: support@investpoint.com
Social media: Facebook, Google
Conclusion
In conclusion, InvestPoint is a brokerage firm that provides access to a wide range of trading instruments and offers Web Trader, Desktop Trader, Mobile App platform to cater to different trading preferences. However, the company currently has no valid regulations. There have been NO reports of exposure section, but it isnt mean safe for trader. Traders should exercise caution and conduct thorough research when considering InvestPoint or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here.
Frequently Asked Questions (FAQs)
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.
2023-03-27 11:06
2023-02-22 16:45
