|Country:||St. Vincent & Grenadines|
|Operating since year:||2019|
|Address:||Griffith Corporate Centre, St. Vincent & Grenadines|
|Trading Platforms:||MetaTrader 5|
|Trading platform time zone:||-|
|Other trading instruments||-|
|Minimum deposits||100 USD|
InvestiGram Review 2020
- InvestiGram: The Latest in Trading
- Security and Regulation
- User Interface
- Account types
- Deposit and payment methods
- InvestiGram Review: Conclusion
InvestiGram: The Latest in Trading
With modern technology evolving the financial market from traditional to digital, more online brokerages are on the rise. Some of them are frauds, while others are professional and reliable. This particular brokerage takes the cake as the latter – Meet InvestiGram.
This online brokerage caters to traders from all walks of life and offers a vast selection of assets to trade such as forex pairs, commodities, indices, and cryptocurrencies.
InvestiGram is based in Grififth Corporate Centre, in St. Vincent & the Grenadines and has been in business since 2019. Compared to other brokerages, it may seem young, but the platform already offers MetaTrader 5, otherwise known as MT5 and can compete with older brokerages.
Despite its relatively young age, the broker is already making its name heard in the industry. Traders from all backgrounds are warming up to the broker because of its great client support and for its account types.
Here are the key points we have gathered from our experience with this broker:
Security and Regulation
For those security hawks out there, InvestiGram is transparent with its legal documents. The broker’s terms are, of course, conveniently located in its website so traders can examine them for themselves.
Aside from that, the broker strictly complies with the Anti-Money Laundering law (AML) and the Know-Your-Customer policy (KYV). Both are adhered to when conducting identity verification producers for its clients.
And in its website, InvestiGram LTD clarifies that it does not provide services for certain regions such as the United States, North Korea, and the Islamic Republic of Iran.
As for regulation, it’s an offshore broker, which means that it doesn’t operate under the country’s financial jurisdiction. For some, this could be an alarming factor but it’s worth noting that just because it’s an offshore broker doesn’t mean it’s a scam.
The benefit of working with an offshore broker is that you can take advantage of some services that are not offered by regulated brokers. This includes higher leverages, limits, lower costs, and so much more.
Sporting a soft pink and a rich mauve-purple color scheme on its site, the brokerage’s user interface is undeniably easy to use.
Any demographic should not face trouble accessing the site. This is because all its offered services, features, and even information are conveniently located in its dashboard.
Even those who are not really “tech-savvy” could immediately get used to the broker’s website. From creating an account to learning all the legal documents, everything is incredibly accessible.
And not to mention, it is live chat support pops up in the screen when you open their site. That makes it even handier for those who struggle with computers or gadgets.
InvestiGram’s user-friendly interface makes it both attractive and engaging.
As mentioned, this broker offers the ever-so-reliable MetaTrader 5.
The platform is preferred by most investors for its state-of-the-art trading technology. In fact, it’s considered as the top platform for traders around the world because it’s convenient for both beginners and professionals to use.
Clients can effortlessly download the MT5 platform through the official website of the broker.
On the website, clients can choose whether to download the app onto whatever device they are using; may it be on an Android, an Apple, or even on a Windows PC. The choices can allow traders to trade from the comfort of their own homes or even when they are on the go.
The MT5 platform has professional charting tools, automated trading features, and advanced transparency.
According to the website, its key features include over 500 financial instruments for traders. There are also no slippages or requotes.
Aside from that, the broker also provides a flexible leverage of up to 1:400.
Additionally, for those who cannot simply download the MT5 platform, the brokerage offers Webtrader which is also relatively easy to use.
Perhaps this is what draws investors and traders to InvestiGram – it’s diverse pool of account types. The brokerage offers six different account types that have distinctions.
Of course, the most affordable one is Student which only requires a minimum deposit of about $250 and has a minimum lot size of 0.01. But most of those who are just starting their practice, tend to prefer the Starter account which has a minimum deposit of $2,500.
It’s also worth noting that starting from the Starter account, traders can have an Islamic account.
Also known as a halal trading account, clients with this account type respect the Quran and its rules. This also allows them to invest in the Islamic stock market under the principles of Islamic finance.
Other Account Specifications:
Premium – Minimum deposit requirement of $10,000 and it offers its own account manager.
Advanced – Minimum deposit requirement of $25,000, it has its own account manager and clients are given access to various daily analysis.
Pro – Minimum deposit requirement of $50,000, it has everything from an Advanced account plus fixed pricing.
VIP – Minimum deposit requirement of $100,000 and traders must ask their account manager to know more about this account type’s features and perks.
One of the main criteria for traders is a broker’s client support. And as mentioned above, InvestiGram’s user interface makes it easy for traders to contact support.
A live chat is open 24/7 with support agents ready to answer every inquiry. The feature is powered by an online customer service software developed by a Polish-based company known as LiveChat Software.
Aside from that, the broker’s contact details – email and phone number – can be located at the bottom of its home page.
Other clients may have encountered some problems with the website or the platform, but keep in mind that this brokerage is still new. This means that there is still room for growth and plenty of improvement in terms of their website.
Despite that, when faced by a problem, the live chat feature allows clients to connect with a support agent immediately. InvestiGram’s team is quite knowledgeable and can easily instruct and guide you.
Deposit and Payment Methods
To open an account and start trading on the platform, InvestiGram requires clients to deposit funds. On the website, clients can choose their preferred payment method – may it be through debit cards, credit cards, or even via wire transfer.
And as for withdrawals, clients should submit a request to the broker to cash out their earnings.
The required minimum withdrawal amount is approximately 100 of the client’s base currency.
The broker also doesn’t charge any hidden fees nor does it charge transactions. However, depending on the clients’ chosen method, a bank may charge a service fee.
InvestiGram Review: Conclusion
Although InvestiGram may be new to the game, it is a strong contender. The broker is highly recommended for those with experience and it is even suitable for those who are just starting out.
Its vast account type choices are perhaps its main selling point. This is because it does not only serve those on the upper tier, but it also allows newbie traders to learn more about the game and polish their craft in trading.
The one con, being an offshore broker, can also actually be considered one of its best traits. As mentioned above, it allows clients to take advantage of services not allowed by regulated brokerages.
Lastly, it is highly advised to start reading educational articles, familiarizing yourself with terms, and catching up with the latest news before trading. After all, you need to equip yourself first before embarking on such an endeavor.
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