InvestMarkets is a CFD broker from Belize, that is target investors from South Africa.
Owned and operated by Arvis Capital Limited, and located at Unit 303, No 16 Corner Hutson and Eyre Streets, Blake Building, Belize City, Belize. Phone number in South Africa is: +27 10 7531177. Customer support email address is: [email protected]. Official Website is: https://www.InvestMarkets.com/.
InvestMarkets Broker Review
Our review of this new broker called InvestMarkets shows that they offer Forex and Crypto CFD trading, on a unique trading platform. The trading app which they are using is from Scipio. Professional forex traders will be happy to see that they also offer you the MT4 (Meta Trader 4) software, which can be used with an Expert Advisor addon.
You can trade hundreds of underlying assets including; Major Forex Pairs, Minor Currencies, Crypto, Stocks, and Market Indexes. When trading contracts for difference, you are investing with an added leverage of 500:1. The appeal is that you can make large profits quickly, but at the same time, the risk is much greater.
Many new investors begin their trading career with the brokers at InvestMarkets, because of their free demo account and easy-to-use trading platform, signup here.
InvestMarkets Account Types
All brokers offer you a choice of account types, and at InvestMarkets you have four options to choose from. The only one with a reasonable minimum deposit requirement is their Basic account at $250. The larger accounts offer tighter spreads, but for most people, the basic account works.
When you sign up for a new account, you will be able to create a login password. You will also receive an email from them with separate login details for your MT4 trading account. Make sure you store them in a safe place so you don’t forget them.
Warning! Automated Trading Apps
Thousands of newbie investors got scammed by a trading robot they found on a Fake News website. You can read about the complaints in the investors forum.
InvestMarkets does not offer its clients any automated trading software! An automated trading app is also known as an Expert Advisor, which is commonly used by professional investors on MetaTrader4.
If you are interested in using a trading algorithm robot checkout Pepperstone.
Is InvestMarkets a Good Broker?
Technically the broker InvestMarkets has a license from the IFSC in Belize (license number is 000307/19).
How does a license from Belize help an investor from South Africa? Well, it does not offer any protection for the clients’ money. The Best Forex Brokers, are all licensed and regulated by Tier 1 regulatory agencies.
How do you verify that a Forex broker is legitimate, and not another online investing scam? You must check with your country’s financial regulatory agency, that the broker has a license. Day traders should only invest with a local broker, that is regulated by the government regulatory agency in their country.
All online brokers, whether they are offering Crypto or Forex CFDs, are required by law to have a license. If your broker is not licensed, then they are an illegal scam. Always confirm that your broker is 100% authorized by the financial regulator.