Investigram Review

Investigram Review

Review of InvestiGram broker: trustworthy or a bit suspicious?

InvestiGram is an online brokerage established in 2019, with its main office located in St. Vincent and the Grenadines. The platform caters to people who are looking to invest in assets including currency pairs, stocks, indices, commodities, and cryptocurrencies.

To find out what the broker is all about, this review will examine its offerings, including platforms, accounts, customer service, and other aspects, before concluding with a final verdict.

Forex currencies, CFDs, stocks and cryptos are complex instruments. They come with a high risk to your hard earned money due to leverage. Before making decision please consider whether your knowledge and experience are suitable for trading derivatives. Think twice before investing.

Investigram logo

 

InvestiGram: nonexistent Regulations & Licenses

The financial services industry has regulations in place to make sure that brokerages follow strict rules and maintain fairness in the markets. If an onshore, licensed broker commits a policy breach, they are subject to penalties. These regulations also guarantee that the client receives compensation.

Unfortunately for InvestiGram, this broker does not operate under St. Vincent and the Grenadines’ financial jurisdiction or any other financial authority. As a result, this alone can be a matter of concern for some people who may be planning to open an account with them.

Investigram regulations and licesses

Still, that doesn’t mean that you should avoid InvestiGram or other unregistered brokers because not all of them offer a dishonest service. In fact, you just need to know which ones can be trusted. Working with an unregulated broker allows you to take advantage of services that you could not with a regulated broker, such as higher limits, leveraging, lower costs, and more.

While there is the issue of leveraged trading, it’s important to take note that unregulated brokers offer traders more freedom and flexibility than regulated ones. That, however, might not be beneficial for beginners, and instead more appealing for  more experienced participants who are relatively confident in what they do.

Trading Platforms

InvestiGram allows clients to trade in various financial markets through the popular MetaTrader 5 (MT5) platform.

Trading Platforms

The MT5 is available for use on the web or on Android and iOS devices, which means users can conduct market research, trade, and manage their accounts with ease from within the application. Other benefits of the broker’s MT5 include:

  • Advanced Charting Tools
  • 4 Types of Trading Order Execution + NDD
  • Automated Trading Features
  • Advanced Transparency with Level II Pricing
  • Web & Mobile Trading

InvestiGram: Variety of Account Types,but are they worth it?

Several traders appreciate having the option of account types, as it allows them to find the account that can meet their trading needs.

At InvestiGram, traders are given six different account options: Student, Starter, Premium, Advanced, PRO, and VIP. Each account is designed to fit a certain experience level. The benefits, products, and costs included can expand based on the account type that you choose.

Investigram

A rundown and brief description of each account along with their respective products, service, and fees are shown below.

STUDENT – Min. Deposit: 250 USD

  • Lot Size 0.01
  • MetaTrader 5
  • Mobile Trading
  • 24-Hour Trading

STARTER – Min. Deposit 2,500 USD

  • Lot Size 0.01
  • MetaTrader 5
  • Mobile Trading
  • 24-Hour Trading
  • Islamic Account

PREMIUM – Min. Deposit 10,000 USD

  • Lot Size 0.01
  • MetaTrader 5
  • Daily Analysis
  • Mobile Trading
  • Islamic Account
  • Account Manager

ADVANCED – Min. Deposit 25,000 USD

  • Lot Size 0.01
  • MetaTrader 5
  • Mobile Trading
  • Account Manager
  • Daily Analysis

PRO – Min. Deposit 50,000 USD

  • Lot Size 0.01
  • MetaTrader 5
  • Islamic Account
  • Account Manager
  • Daily Analysis
  • Fixed Pricing

VIP – Min. Deposit 100,000 USD

The broker offers exclusive benefits for traders who signed up for the VIP account. As a holder of this account, you’ll have a dedicated account manager and unlimited access to more in-depth market analysis and additional tools to help improve your trading decision-making and overall performance.

start trading

In order to be eligible for InvestiGram’s VIP account, you either make a minimum deposit of 100,000 USD or you show the broker that your trading volume is high enough. This account is meant for clients who deal in large volumes and trade regularly.

Trading Conditions at InvestiGram

INVESTIGRAM: MARGIN AND LEVERAGE

By offering leverage up to 1:400, InvestiGram creates an opportunity for traders to enter the currency market. Using leverage means that only a small initial margin is required. While this strategy can increase your returns, your losses could also exceed your initial deposit. Therefore, you need to be careful with handling leverage.

TRADING PRODUCTS

At InvestiGram, you have access to a wide range of asset classes. The platform streams prices on more than 100 currency pairs (majors and exotics), 30+ global equity indices, commodities (gold, Brent, WTI crude oil, and Natural Gas), 1000+ shares, and digital currencies (Bitcoin, Ripple, Ethereum, etc.).

TRADING HOURS

The platform generally follows the markets therefore, its trading hours will depend on the product you are trading.

trading conditions

NO RE-QUOTES

In this InvestiGram review we must indicate that this broker does not re-quote orders that have been executed at the valid market price when the request is received at its server.

NO SLIPPAGE

Beyond the exclusive and advanced tools and services offered by this broker, its platform features zero slippage. This means that the price you requested, is the price executed for your trade.

NO MARKET ORDER REJECTIONS

Market orders are only rejected once they fall outside the upper or lower limits that you chose to place to protect against price fluctuations. If you can’t keep an eye on your open positions, set take profit orders to secure profits and stop-loss orders to prevent further losses.

InvestiGram Deposit/Withdrawal Methods

Once you have opened an InvestiGram account, you will need to deposit funds before you start trading on the platform. InvestiGram supports funding methods including credit card, debit card, and wire transfers. The minimum deposit requirement will depend on the type of account you chose.

InvestiGram Deposit/Withdrawal Methods

Regarding withdrawing funds, you must first submit a withdrawal request to the broker. The minimum withdrawal amount is 100 of your account’s base currency, or the remaining amount if it is less than 100. InvestiGram does not charge additional fees, but your bank may charge a service fee.

Furthermore, keep in mind that it is your responsibility to make sure that your account has enough margin to keep positions open. Maintaining low margin levels in your account may prohibit you from trading certain products or result in the liquidation of any or all your open positions.

Review of Customer Support and help center at InvestiGram 

You can relay your questions and concerns about InvestiGram’s service through live chat, phone call, or email. Their customer support line is open 24 hours a day, five days a week. Any problems relayed outside of market hours will have to wait until the next business day.

InvestiGram Customer Service

While the response in the live chat may not be instant, keep in mind that the broker has only been operating for a year therefore, there is still room for improvement. Despite the drawback, the support staff are relatively knowledgeable and can help you when the website is down or if you encounter any problems with your platform. Please note that customer service assistants do not provide tax advice.

Tel: +18009437421

e-mail: services@investigram.com

 

Final conclusive thoughts on our InvestiGram Review 

As the summary of InvestiGram review, we have to state that InvestiGram is one online broker that you should consider working with, especially if you have sufficient experience in the markets. If you’re just getting into trading, it’s possible that you currently don’t have a good reason to use offshore brokers like InvestiGram. We advise that you first learn a thing or two about the trading industry before registering with this broker.