Undoubtedly there are an out number of foreign exchange broker companies offering their services, but choosing the right one is a challenge for the investors. Thus, this Investby Review highlights the points that should be considered before you invest in an online broker.
The brokerage firm believes in creating a new financial future that brings a breakthrough in online investments. Through this, traders will be able to access the top-notch trading environment. Thus, taking investors a step ahead in financial perspectives and CFD trading.
Who is InvestBy?
Investby is a leading brokerage firm. It operates under TECHFX LLC, a company incorporated under the laws of the Republic of Belarus, with registration number 693150519.
Investby also provides its services in India.
In this detailed InvestBy Review, we’ll discuss all the odds and features of this brokerage platform so that clients can fully utilize the broker’s services. So, continue with us and drive in to get more details.
Is InvestBy Legit?
Yes, the broker is absolutely legit and regulated by CySEC. The brokerage firm operates under the company TechFX LLC and is regulated by the National Bank of the Republic of Belarus (NBRB).
In addition, the Central Bank of Belarus regulates the functioning of the broker. The guidelines of the regulatory body are in accordance with the Edict of the President of the Republic of Belarus No. 231.
The regulatory body ensures the safety of funds, protection from money laundering, and data safety. The brokerage platform is licensed by the NBRB with number 40023 and works appropriately to adhere to the terms of the authority.
In addition, it follows Anti Money Laundering policy, which means the broker is not a fraud and abides by all the rules and regulations of the global financial authority.
The broker is committed to providing transparent and secure services to its clients and works as the intermediary between users and financial markets. Therefore, InvestBy is a legit broker with full regulation and the safety of the traders. It is not a scam, and you can invest with them.
InvestBy: Pros and Cons:
InvestBy offers several advantages for the profit of investors, although it has some drawbacks. Here, we have mentioned the benefits and drawbacks of trading with this broker.
Pros
- Educational packages
- State-of-the-art trading terminals
- Intuitive interface
- Customization option
- Advanced security settings
- Trade history
- Cutting-edge technology
- Real-time updates
- Regulated
- Dedicated customer support
- Variety of assets to invest
- Professional trading tools
- Dedicated Client Support
- Live Chat
Cons
- Robo advisory services are expensive
- MT5 Platform is not available
Trading Account Types?
Trading Account Types?
InvestBy offers three types of trading accounts, this broker offers to meet the various requirements of clients. The innovative approach of the retail investor accounts helps you use low spreads and optimal leverage.
Traders can choose the account that fits their needs and enhance their trading skills by using the free demo account provided by the broker. You can get familiar with the platform by using a Demo account. So, let’s check out the account types and their features.
Silver Account
The silver account is suitable for novices who have less trading or bad experience. It is the entry point into the financial market where traders can achieve the set goals.
This account type offers low spreads, optimized leverage, trading modes, one-click trade, and tracking mode. It has the following features and functions to offer:
- No deposit commission
- Offers CFDs on 350+ assets
- Maximum leverage of 1:100
- Quality support and guidance
- Average execution speed of 0.08
- Spreads from 28
- Complete educational hub
- Popular Currency Pairs Available
- Execution model MT4NDD, MT4NCC, and MT4 Fixed
- Analytical tools
- Offers Indices and commodity trading
- Islamic account
- Dedicated Client Support
- Fifth decimal
- Hedging
- No swap discount
Gold Account
A gold trading account is a stepping stone to the new trading era; the account is designed for traders who have good trading experience. Traders with a pronounced trade history can access the account.
The account provides innovative strategies to the market and can have more trading scope and high volumes of trade. It has low spreads, leverage, trading modes, stop-loss, and one-click trading.
Here are the features and functions of the gold trading account:
- No deposit commission
- 350+ trading assets CFDs
- Maximum leverage of 1:100
- Quality support and guidance
- Average execution speed of 0.06
- Spreads from 20
- Education hub
- Available base Forex currency pairs
- Execution model MT4NDD, MT4NCC, MT4 Fixed, and MT4 Cent
- Islamic account
- Dedicated account manager
- Webinars and videos
- Offers Indices and commodity trading
- Dedicated Client Support
- Fifth decimal
- Hedging
- Swap discount of 25%
Platinum Account
The platinum account is best suited for experienced traders to give them a new angle perspective. Most importantly, a platinum account provides the most flexible conditions to help users maximize their profits.
The platinum trading account has various features and functions to enhance the trade of professional traders in the financial market.
- No deposit commission
- 350+ trading assets CFDs
- Maximum leverage up to 1:100
- Average execution speed of 0.08
- Spreads from 0.03
- Educational hub
- Quality support and guidance
- Available Forex currency pairs
- MT4NDD, MT4NCC, MT4 Fixed, and MT4 Cent
- News alerts
- Offers Indices and commodity trading
- Dedicated account manager
- Webinars and Videos
- Islamic account
- Dedicated Client Support
- Fifth decimal
- Hedging
- Swap discount of 50%
In addition to these account types, the broker offers two other trading accounts: Islamic Account and Demo Account.
The account opening process on this brokerage platform is quite simple and hassle-free.
How to Open an Account on InvestBy?
The account opening process on this brokerage platform is quite simple and hassle-free.
By following these steps, traders can get access to the brokerage and account retail investor accounts:
- You’ll need to visit the official website to open an account, www.investby.com.
- The next step is to click on the option of opening an account on the InvestBy website.
- After clicking on the option, you will be taken to another web page that would require some details of the trader for verification.
- You will have to fill in your first name, last name, e-mail, country code with phone number, and set a password for the security of the account.
- Next, You have to tick mark the declaration that they are above 18 years of age and have read all the terms and conditions of the broker.
- Now, You can click on open an account for further process. It is a 5 step process in which information on the trader is asked with previous trade experience for better trade suggestions.
- You can then choose the account type they will be using. You’ll soon receive a username.
- Once the verification process completes, you have to deposit their initial funds in the account to start the trade.
Available Trading Platform?
The broker offers the three most popular and significant trading platforms: MetaTrader4, Webtrader, and Mobile applications. These are the main trading platforms that are used globally.
Broker’s trading platforms are important to all traders, regardless of how much time they spend trading various financial products. They’re all adaptable and customizable to meet the needs of investors in a variety of situations.
Here is a detailed overview of the trading platform:
MetaTrader4
MT4 is one of the most popular and good trading platforms that help traders explore the financial market with the best trading tools.
It is an easy-to-use award-winning trading platform with several functions and features to make the trade convenient. The platform offers an advanced trading solution to traders.
The MT4 platform is one of the most important platforms in the financial world today. It has excellent and user-friendly features on its mobile trading platform also.
It has also been tried and tested by millions of people. As a result, trading with it improves with time.
Here are the features of MT4
- Help create a trading strategy
- 60+ analytical tools
- Easily downloadable
- Available for Android, Windows, and iOS devices
- Accessibility
- Modern perspectives with fast access
- Security
- Advanced technology
- Technical analysis
- Fundamental analysis
- 30 plus indicators
- Economic Calendars
- Expert advisors
- Charts and patterns
WebTrader
A trading browser that makes the trade more convenient and accessible. It is a trading terminal that opens new CFD trading perspectives for the traders whether they are seasoned or novice.
The trading platform does not require any additional download and could be used directly. As a result, market participants can access it through their preferred browsers.
It is a ground-breaking trading platform that caters to the needs of all traders throughout the world. Thus, making the trade speedy and handy with access to international markets.
The features of Webtrader are listed below:
- Browser-based trading engine
- Instant trading
- User-friendly interface
- Connectivity
- Compatibility with other digital devices
- Multiple trading activities
- Efficiency
- Flexibility
- Reliable
- High functionality
Mobile Application
The mobile trading application of this broker is the gateway to the accessibility of financial products and trade at any time. Traders can trade CFDs anytime and anywhere with the use of mobile apps.
It makes the trade more flexible and ready to use, thus, engaging traders in top international markets. InvestBy mobile app has the following features:
- Flexible trading
- Execution of orders
- Monitoring the market anytime and anywhere
- Mobility
- Efficiency
- Flexible trading
- Reliable trading tool
- Encrypted transactions
- SAS70 server
- 24/7 access to top international markets
- Executing the orders from mobile and other devices
- Works simultaneously
- Available on Google Play Store and Apple’s App Store
Major Trading Instruments & Markets:
Investby provides you with a place to trade on different instruments and markets. The brokerage platform can help you broaden your investment horizons by offering a piece of good information about the markets.
By adding other financial instruments connected with the same industry to your investment portfolio, you can effectively diversify it.
So let’s take a closer look at each trading instrument and what they have to offer. InvestBy offers the following trading instruments to serve its users:
Cryptocurrencies Market:
By entering the global crypto market, you can trade in over 30 crypto CFDs. Furthermore, through cross-platform trading activity, you can trade on any device.
You can invest in all major cryptocurrencies including Bitcoin, Ethereum, Ripple, Solana, and more.
Forex trading:
Major Forex currency pairs, including majors and exotics, are accessible, ranging from USD/EUR to USD/JPY. Tight spreads and adjustable leverage with the broker might help you take your Forex trading to the next level.
Indices trading:
You can invest in popular indices such as the Dow Jones industrial average, the Nasdaq, FTSE 100and the S&P 500.
Stock market:
The platform offers trading on more than 30 stocks CFD, with cross-platform access and trading on any device. You may also learn more about stock trading through educational articles available on the website.
Popular blue-chip stocks of several mega-corporations, such as Netflix, Apple, Google, and Facebook, are available for purchase.
Commodity trading:
The broker allows you to trade derivatives on commodities, including precious metals like gold, silver account, and platinum account, as well as Brent oil and natural gas.
Risk Warning: CFDs are a complex instrument and it involves high risk. Most investors/traders end up losing money rapidly while trading CFD.
Commission, Fees, and Spreads?
The brokerage firm offers commission-free trading with zero commission on deposit of funds and withdrawal of the funds. In simple terms, you can make commission-free transactions without the fear of paying a hefty fee.
Traders can easily execute their trade without any worry of paying commissions and any additional charges.
Price movements are closely monitored by traders in order to take advantage of InvestBy’s tight variable spreads at the right time and avoid risk.
Spreads are the variance between the bid and the asking price of the traded instrument. the broker offers a tight spread facility for the traders and investors. With the various InvestBy trading accounts, traders can have various spreads:
- Silver account: 28
- Gold account: 20
- Platinum account: 0.3
In addition, the broker offers swap discounts of 25% in the gold trading account and 50% in the platinum trading account if you opt for premium account tiers. Apart from this, there’s no hidden fee.
Maximum Leverage Offered?
With the use of leverage, traders can have a high market opening position with low initial deposits. Thus, traders have a high chance of earning double returns but with double risk. Therefore, traders should use the good leverage ratio properly with a complete market analysis.
You can expand your trading options with the broker by applying leverage in multiple asset classes. However, you should use leverage with caution and be aware of the risks. The maximum leverage provided by InvestBy is 1:100 for all the trading accounts.
Deposit and Withdrawal Process:
For the deposit of funds, the InvestBy broker provides traders with a declaration to sign. The declaration contains the name of the trader with ten points relating to the trade. Traders can go through the points to better understand the process of deposit.
The broker offers Zero commission on deposits with no fixed deposit amount. Therefore, traders can deposit as per their requirements. The minimum deposit is $250.
Similarly, the withdrawal process is also simple; traders have to submit their requests with the brokerage platform before they withdraw the fund. It is a process that verifies the trader and executes the withdrawal in two to three business days.
The legal document section on the broker’s website has all the documents that list the requirements and policies of deposit and withdrawal.
Thus, making it easy for traders to deposit and withdraw funds with a legal process. Traders can use multiple payment methods to deposit and withdraw capital.
Most Preferred Payment Methods:
- Bank wire transfers
- Credit/ Debit cards
- VISA
- Verified by VISA
- Mastercard
- VPAY
- Maestro
- MasterCard Secure Code.
- Skrill
- NETELLER
Education Resources and Research Tools:
Educational Resources:
The educational content available on the broker’s website is useful for traders and investors to increase their knowledge about trade and polish their trading skills.
It offers top-class education tools to trade efficiently like you can explore trading articles in case you’re in any doubts. The educational hub of Investby broker has the following options:
- Trading articles
- Trading courses
- Webinars
- Videos
- Trading Seminars
Research Support:
Research is quite significant for trading in an uncertain market trend. A trader with technical and fundamental analysis will be more successful in their trade journey. The broker offers the following research tools:
- Economic calendar
- Trade-Ideas
- Assets hub
- Earnings reports season
- Technical Indicators
- Latest Market News
- Best Analytical Tools
Customer Support Service
Investors and traders can easily contact the dedicated professional customer support team through the multiple channels available on the website.
Here’s the customer support contact information of the brokerage platform:
- E-mail address: [email protected]
- Contact number: +447723525627 and +27418801700
- Live chat option (typically replies in less than a minute)
- Registered Address: 69A-2, Office 23, Minskaya str., Ag Kolodischi, Minsk.
- Availability: Monday to Friday
- Timings: 04:00 till 17:00 GMT
- Contact forum
- Social Media
Conclusion:
Overall, InvestBy is one of the best brokers that is raising its profile in the trading world through innovation. For investors and traders, it has revolutionized the way they invest in the turbulent market. In addition, the broker follows all the local Forex regulations.
Every trader receives complete support from the brokerage firm. By offering all users a top-notch trading environment, the broker achieves breakthroughs.
In each situation, a client can go the extra mile from a financial standpoint. So, start your trading career with InvestBy, one of the best hand-picked brokers. Hope! you’ve found this review helpful. In addition, before you make final decisions.
