Investago
Pros and Cons
Pros
- Regulated by CySEC
- Diverse trading instruments including CFDs and physical shares
- Trading platforms: MetaTrader 5 and xStation
- Competitive spreads starting from 0.5 pips for EUR/USD
- 24/5 customer support available
Cons
- High minimum deposit of 50,000 USD
- Limited regulatory oversight (only CySEC)
- No support for cryptocurrencies or ETFs
- Withdrawal fees not clearly disclosed
- No advanced educational resources available
Basic Information
User Reviews
Investago Overview
Founded in 2012 and headquartered in Cyprus, Investago is a regulated forex broker under the supervision of the Cyprus Securities and Exchange Commission (CySEC), holding license number 307/16. The broker provides a secure environment for traders, ensuring compliance with industry standards. With a strong reputation for reliability, Investago offers a platform that caters to both novice and experienced traders alike, allowing them to engage in diverse trading activities with confidence.
Is Investago Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Segregated Funds, Investor Compensation Fund |
Is Investago Regulated and How Are Client Funds Protected?
Investago is a regulated broker under the Cyprus Securities and Exchange Commission (CySEC), providing a level of oversight and compliance with established financial standards. Client funds are protected through segregation, ensuring that client deposits are kept separate from the company’s operational funds. Additionally, as a CySEC-regulated entity, Investago participates in an Investor Compensation Fund, which offers further protection to clients in case of insolvency. This regulatory status and protective measures contribute to the broker’s legitimacy in the financial market, making it a safe choice for investors looking to trade various financial instruments.
Trading Products and Services
What trading instruments does Investago offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, AUD/CAD | Many |
| Commodities | Gold, Silver, Crude Oil | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100 | Many |
| Stocks | Apple, Tesla, BP, Vodafone | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Investago offers a diverse range of trading instruments, catering to the needs of various traders, from beginners to seasoned professionals. With products spanning Forex, commodities, indices, stocks, and cryptocurrencies, users can engage in multiple markets and adjust their trading strategies accordingly. This diversity not only enhances portfolio diversification but also allows traders to implement flexible trading strategies tailored to their specific goals. The platform’s comprehensive offerings ensure that users can find suitable options regardless of their trading style, whether they are looking for short-term gains or long-term investments.
Account Types and Trading Conditions
What Account Types and Fees Does Investago Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low minimum deposit, access to various trading instruments | Ideal for small-capital traders, no special documentation required |
| Professional Account | Experienced traders | Higher leverage options, personalized trading conditions | Requires proof of trading experience and volume |
| Corporate Account | Business entities | Customizable solutions, advanced trading tools | Requires corporate documentation and minimum deposit |
| Islamic Account | Traders seeking swap-free options | Compliance with Sharia law, no overnight fees | Available for Muslim traders, needs verification |
| Demo Account | All traders for practice | Access to virtual funds, risk-free trading environment | No minimum deposit, ideal for testing strategies |
Account Opening Process
To open an account with Investago, users will need to follow a structured process that involves several steps. First, they must provide personal information, including their full name, date of birth, and contact details. Next, applicants are required to submit employment information, which may include their job title and employer details. Additionally, financial information such as trading experience, investment goals, and expected deposit amounts will also be collected.
Identity verification is a crucial step in this process. Users must upload documents such as a government-issued ID and proof of address, which can be a utility bill or bank statement. This is to ensure compliance with regulatory requirements.
Investago allows flexibility for traders; users can upgrade to a professional account later if they meet the necessary criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.5 | $0 (ECN: $3.5/lot) | Competitive spreads for major pairs |
| Forex (GBP/USD) | 1.0 | $0 (ECN: $3.5/lot) | Standard spread for minor pairs |
| CFDs (Stocks) | 0.1% | $5 per lot | Varies by stock |
| CFDs (Indices) | 0.5% | $2 per lot | Standard rates apply |
| CFDs (Commodities) | 0.8% | $3 per lot | Subject to market conditions |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on volatility |
Other Fees
Investago also has several additional costs that clients should be aware of. Deposit and withdrawal fees may apply depending on the payment method chosen. Additionally, there might be inactivity fees for accounts that remain dormant for an extended period. Platform usage fees are not applicable, as the trading platforms are provided free of charge.
Overnight interest, known as swap rates, will be charged on positions held overnight unless a swap-free account is utilized. Finally, currency conversion fees may apply for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Investago Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4/5 | Windows, macOS, iOS, Android | Two-factor authentication, multiple order types, price alerts, technical indicators | Demo accounts, VPS services |
| Web Version | Any device with a web browser | Encryption, symbol lookup, one-click trading | API interface |
| Mobile App | iOS, Android | Biometric login, push notifications, fast order execution | Demo accounts |
Investago provides a diverse range of trading platforms tailored to different trader needs. The MetaTrader 5 platform is ideal for advanced traders seeking robust tools, while the MetaTrader 4 offers a familiar interface for both beginners and experienced users. The web version ensures accessibility from any device, while the mobile app facilitates trading on the go with secure logins and real-time alerts. Overall, Investago supports efficient trading through fast execution, reliable security, and convenient market search tools.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| SEPA Transfer | 1-2 business days | No platform fee, 0.5% fee on withdrawals | Min 100, Max 10,000/day | EUR |
| GrabPay | Instant | No fees | Min 50, Max 5,000/day | SGD |
| SPEI | Instant | Waived fees for accounts > $5,000 | Min 100, Max 15,000/day | MXN |
| Debit/Credit Card | Instant | 1.5% fee on deposits | Min 50, Max 20,000/day | USD, EUR |
| Bank Wire Transfer | 3-5 business days | No platform fee, 2% fee on withdrawals | Min 200, Max 50,000/day | USD, EUR, MXN |
Minimum Deposit
Investago requires a minimum deposit of $50 for standard accounts. This amount may vary depending on the payment method; for instance, certain e-wallets may have a lower threshold, while bank transfers might require a higher minimum deposit. Additionally, premium accounts can have different minimum deposit requirements.
How to Withdraw
To withdraw funds from your Investago account, follow these steps:
- Log in to your Investago account.
- Navigate to the ‘Withdrawal’ section in your account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw.
- Complete any required verification steps, if prompted.
- Submit your withdrawal request and wait for confirmation.
Customer Support
Investago Customer Support Overview
Support Channels
Investago offers a variety of contact methods to ensure customers receive the assistance they need promptly. The main support channels include:
- Email: Customers can reach out via support@investago.com for any inquiries or issues.
- Live Chat: For immediate assistance, users can utilize the live chat feature available on the Investago website.
- Telephone: Clients can contact the support team directly at +357 25 010426 for urgent matters.
- Social Media: Investago is active on various social media platforms, providing another avenue for customer support and engagement.
Service Availability
Investago’s customer support operates 24/5, ensuring that assistance is readily available during market hours. The support team is equipped to communicate in multiple languages, including English and Greek, catering to a diverse client base.
Additional Resources
To enhance customer experience, Investago provides various educational resources, such as:
- Video tutorials to help users navigate the trading platform.
- Webinars covering market trends and trading strategies.
- Regular market analysis to keep customers informed.
- Trading signals to assist users in making informed trading decisions.
Investago is committed to delivering exceptional customer support, as reflected in positive reviews from clients who appreciate the prompt and helpful service.
Frequently Asked Questions
Yes, Investago is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that the company adheres to strict financial regulations and standards, providing a secure trading environment for clients.
Investago offers flexible leverage up to 1:30 and competitive spreads, starting from 0.5 pips for the EUR/USD pair. The minimum deposit requirement is $50,000, and clients can trade various instruments including CFDs on Forex, Commodities, Indices, and Shares.
Investago prioritizes fund security by maintaining clients’ funds in segregated accounts, ensuring that they are separate from the company’s own funds. This practice protects client assets in the event of company insolvency. Additionally, Investago adheres to regulatory requirements set by CySEC to safeguard client interests.
Investago offers diverse customer support channels, including a dedicated support team available 24/5 via phone at +357 25 010426 and email at support@investago.com. Clients can also access a range of resources on the Investago website to assist with their trading needs.
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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.