Investing 24 Review – Can You Rely on This Broker?
Investing24 is a brokerage firm offering a range of trading services and account types to cater to traders of all levels. The platform provides access to a variety of financial instruments, including currencies, equity indices, and shares, through the MT4 platform.
In this evaluation, users can find out if this broker is suitable for them. Our research team will evaluate its user experience and satisfaction, value of its offerings, regulatory status, and overall reputation. Stik with us as we delve deeper into the core of Investing24.
General information | |
Name | Investing24 |
Type of the company | Brokerage company |
Regulation status | Regulated |
Warnings from Financial Regulators | No official warnings |
Website link | https://www.investing24.com/en/ |
Active since | 2022 |
Registered in | Cyprus |
Contact info | +357 25 022 870 / [email protected] |
Trading platforms | MT4 |
Majority of clients are from | Greece, Bulgaria, Croatia, Poland |
Customer support | 24/5 |
Compensation fund | Available |
Investing 24 Review – Is The Company Licensed?
In terms of Investing24 regulation, we found FXnet Ltd. This entity is operating under the brand names Investing24 and NESSfx and is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company is licensed under the license number 182/12, granted on 01/11/2012.
The regulatory status of Investing24 is clear, as CySEC has approved its domain, indicating its compliance with regulatory standards. Despite the different brand names, the fact that CySEC has approved the domains associated with Investing24 confirms its regulatory status and compliance with the regulations.
Account Types
Looking into the offerings of Investing 24 account types, we found various features that can suit many traders of all levels. Base their accounts on their preferences and budget plans. Users also have the option to compare the packages side by side on the platform.
Bronze account | Silver account | Golden account |
Spreads – from 2,3 pips | Spreads – from 1.9 pips | Spreads – from 0 pips |
No commissions | No commissions | 1.2 pips per closed lot |
NO 24/5 support | 24/5 support | 24/5 support |
Based on the information provided on their official website, it seems like the three account types offered by the Investing24 platform have the following common features:
- Leverage: The accounts offer leverage based on the client’s categorization status.
- Account Currencies: The accounts support multiple currencies, including USD, EUR, PLN, CZK, and GPB.
- Margin Call and Stop-Out Levels: The accounts have a margin call level of 100% equity-to-margin ratio and a stop-out level of 50%.
- Instruments: Currencies / Metals, Energies, Grains and Softs/ Equity Indices & Shares
- MetaTrader4
Additionally, Investing24 MT4 will close open positions, beginning with those that incur the most significant losses. Overall, the features of Investing24 broker provide flexibility in terms of leverage and account currency options while maintaining a standard margin call and stop-out policy across its account types.
Trading Platforms
Trading platforms available with Investi24 are the following:
Investing24 Forex Trading
- Windows
- IOS
- Android
MT4 for desktop:
- Windows 2000 / XP / Vista
MT4 for Android
- Android 4.0 and above.
MT4 web-based
- Google Chrome 51
- Microsoft Edge 12
- Internet Explorer 11
- Mozilla Firefox 34
- Safari
Leverage
For retail and professional clients, the Investing 24 leverage varies.
Professional clients – the leverage can go up to 500:1
Retail clients
- 30:1 for major currency pairs
- 20:1 for non-major currency pairs
- 10:1 for commodities other than gold and non-major equity indices
- 5:1 for individual equities and other reference values
- 2:1 for cryptocurrencies
Pricing
In terms of pricing ranges, the platform offers three account types—Bronze, Silver, and Golden—tailored to traders’ preferences and budget plans.
The pricing ranges from USD 500 to USD 2,000, which some may find reasonable for the features and support offered. However, comparative analysis with other brokers in the market is advisable to determine its competitiveness.
Bronze account
USD 500
Silver account
USD 2,000
Golden account
USD 2,000
Withdrawal of Funds
Investing24 withdrawal of funds process is straightforward. First, users need to log in to the Members Area, click on the ‘Funds’ option, and choose ’Withdraw Funds’. Then, they will be able to select the amount they wish to withdraw from the trading account.
Upon receiving the withdrawal request, the platform will proceed with the payment either on the same day or on the next working day. If you are interested in finding the right trading tool, check out our Spikeet Review.
Investing 24 Review – User Experience
While evaluating Investing24 reviews, we found mixed feedback from users. Some users expressed satisfaction with the platform, noting that despite initial challenges, it helped them understand the market better. However, others had negative experiences.
One user shared a disturbing encounter and warned against trusting cold calls for investment opportunities. In contrast, other users reported a significant loss of money and time with Investing24, citing aggressive marketing tactics and suspicions of a scam.
These reviews from a popular source Trustpilot highlight mainly negative experiences, and mixed reviews can only confuse future clients what’s the right decision. On a popular source Trustpilot, the broker received a score of 3.2 out of 5, with only 40% being 5-star rated, and 45% being negative.
NESSfx – Related Domain
One user reported a substantial financial loss of USD 15,000 in just three months, expressing a lack of trust in this broker. Another user went as far as accusing NESSfx of being scammers, alleging that their 5-star reviews are fake.
You may wonder why we evaluated NESSfx’s reviews. On the official regulatory website of SySEC, you can find NESSfx is a related domain to Investing24. There are more comments regarding NESSfx on Reddit. As well as on Trustpilot, with a very poor score of just 1.9.
Investing 24 relations to the NESSfx platform only paints a picture of low trustworthiness and credibility for both platforms in the eyes of users. For individuals to read about reliable and legitimate platforms, check out our eDeltaPro Review.
Where Is Its Presence Established?
Researching the domains of Investing24, we found its presence in these areas.
- Greece
- Bulgaria
- Croatia
- Poland
Regarding regulatory compliance with laws in Greece, it’s important to note that CySEC regulations are in line with European Union directives and regulations. Therefore, Investing24, being regulated by CySEC, can be considered compliant with the relevant laws and regulations in Greece, ensuring a certain level of investor protection and regulatory oversight.
Concluding Thoughts on Investing 24
In conclusion, Investing24 is a brokerage firm regulated by CySEC, offering a range of account types and trading platforms. While it provides flexibility and great options, its user reviews are mixed, with some users reporting negative experiences, including suspicions of scamming.
Its great offerings and compliance with regulatory laws, and being regulated alone is sometimes enough, however, its related domain NESSfx has similarly poor user ratings, indicating low trustworthiness and credibility. Despite its regulatory compliance, potential clients should consider these factors carefully, and research Investing24 thoroughly before committing.
FAQ
What is Investing 24?
It’s a brokerage firm that offers trading services and account types, regulated by CySEC.
Are There Any Investing 24 Complaints?
Yes, some users have reported negative experiences, including suspicions of scams, aggressive marketing tactics, and significant financial losses. These complaints highlight issues related to customer service, transparency, and overall trustworthiness.
How Does Investing 24 Make Money?
Investing24 makes money through various means, including spreads, commissions, overnight Fees, and swap rates.