In the modern era, Investing has become an essential part of life. Everyone wants extra income rather than their regular income. So nothing is better than investing in extra income.
The Foreign exchange market is one of the rapidly growing global markets. Here we discuss one of the best forex brokers Investby.
The broker offers trading services over CFDs on 350 + tradable assets like forex, commodities, major cryptocurrencies, Index trading and stocks.
The broker is regulated by the renowned regulatory body -National Bank of the Republic of Belarus (NBRB) with the license number 40023. NBRB is the central bank of Belarus.
The broker also follows local forex regulations. The company operates under the laws of Belarus with registration number 693150519.
On the other hand, the provider offers three account tiers to their clients: Silver Trading Account, Gold Trading Account, and Platinum Trading Account.
Investby is a trading name of TechFX LLC. Traders can experience commission-free trading services on this broker platform.
The maximum leverage offered by the broker is 1:100, whereas flexible spreads are available. The broker provides a discount on swap changes.
The broker’s Customer support services are available 24/5 for clients’ help. They generally replies in less than a minute.There are multiple modes available to contact them like live chat, phone call, and e-mail.
Read this InvestBy review till the end to know more about the broker’s way of working.
| 🗺️ Country of regulation | Republic of Belarus |
| 💰 Trading fees class | Zero Commission |
| 💰 Inactivity fee charged | Yes |
| 💰 Withdrawal fee amount | $0 |
| 💰 Minimum deposit | $250 |
| 🕖 Time to open an Trading account | Same day |
| 💳 Deposit with bank card | Available |
| 👛 Depositing with an electronic wallet | Available |
| 💱 Number of base currencies supported | 3 |
| 🎮 Demo trading account provided | Yes |
| 🛍️ Products offered | Forex, CFD trading, metals, commodity trading, global crypto market |
Pros and Cons
Pros
- Regulated and one of the best brokers
- User-Friendly Customer Support
- Award winning trading platform MetaTrader4
- CFDs on 350+ multi asset classes
- Commission-free trading
- Dedicated client support
- Offers major Forex currency pairs
- Smooth Trade Execution
- Advanced Trading Platforms
- Offers cross platform trading activity
- Clients funds are held in segregated bank accounts
- Offers best analytical tools such as charts
- Cross platform access and multiple trade execution
- Offers best technical indicators
- An Islamic Trading Account feature is available
Drawbacks
- High Swap charges But discounts are available
- MetaTrader 5 is not available
Is InvestBy Scam Broker?
No, this is absolutely legit broker with which you are able to gain exposure to financial markets with profit. TechFX LLC is providing its trading services under the domain name Investby.com.
The broker is authorized and regulated by the National Bank of the Republic of Belarus (NBRB) with license number 40023. The financial regulatory body looks after all the activities of the broker.
The broker uses modern technologies for providing protection to the client’s data, such as encrypted transactions, strict firewalls, SSL technology, and other various safe tracks.
In addition, the provider keeps the clients funds in the segregated account to maintain high-level security. In addition, this financial service provider follows Anti Money Laundering policy.
Risk Warning: Traders trading forex CFDs are considered high risk. Most retail investor accounts lose their hard earned money when trading CFDs. You should consider whether you can afford to take the high risk of losing before investing capital.
Trading Account Types
Investby provides multiple account types to their clients as Silver Account, Gold Account, and platinum account. These three accounts are designed to fulfill the requirements of both professional as well as retail clients.
The minimum deposit is $250. Collect complete information about all three accounts from the bullet points given below.
Silver Account
- Access to 350+ trading assets
- Commission Free deposit
- Excellent leverage ratio up to 1:100
- Quality Support & Guidance
- Average execution speed 0.08
- Minimum spread:0.07
- Suitable for novice traders
- Spreads from 28
- Access to an education hub including trading article, videos, trading seminars, webinars
- Account currencies: USD, EUR, GBP.
- Popular currency pairs available: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
Gold Account
- Access to 350+ asset trading
- Commission Free deposit
- Reliable leverage up to 1:100
- Quality Support & Guidance
- Average execution speed 0.06
- Minimum Spread: 0.05
- Spreads from 20
- Access to an education hub
- Dedicated Account Manager
- Swap Discount 25%
- Account currencies: USD, EUR, GBP.
- Available currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more.
Platinum Account
- Access to 350+ assets
- Commission Free deposit
- Max FX leverage up to 1:100
- Quality Support & Guidance
- Minimum spread: 0.03
- Average execution speed 0.06
- Spreads from 20
- Access to an educational hub
- Dedicated Account Manager
- Swap Discount 50%
- Account currencies: USD, EUR, GBP.
- Available currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more.
A Demo Account Feature
A demo account feature is available with all three accounts: Silver trading account, Gold account, and Platinum account.
Both novice and experienced traders can access these accounts for practicing trading. This good broker provides the same market conditions on a demo account as live trading.
In addition, InvestBy offers good trading conditions and the motive is to make traders familiar with the platform. This account is helpful for both professionals and beginners.
Professionals can test their new risk management strategy on a free demo account of Investby. open your demo account now
An Islamic Account Feature
An Islamic account feature is also available on the broker’s portal for sharia law followers. In this account, traders can experience fully operational trading, leverage up to 1:100, no spread widening, dedicated customer support, and various other benefits.
To get access to an Islamic account, investors need to submit a request to the broker’s support team while opening an account on the broker’s website.
Account Opening
To start trading, the first step is to open account with the broker. The “Open Account” option is available on the right side of the broker website.
The broker’s account opening process is very smooth and quick. The broker divided the account opening process into five steps: Account, Information, Questionnaire, Documents, and Deposit.
The broker’s website supports multilingual languages. So traders can fill out the registration form in their native language. Follow given below steps to open an account of Investby broker’s portal.
- On the first page, you need to enter your personal information such as First name, Last Name, E-mail, country code, Phone number, password, and etc. Now click on the open account button available under the form.
- On the next page, the broker will ask you to fill in the account information and features you want in your account. After this, the next page will open on your device screen.
- On that page, a questionnaire is available in which you need to fill in details related to your past trading experience.
- Next, the broker will ask you to submit your identity verification document.
- Once verification process completes, deposit the minimum amount and enjoy your trading journey over various tradable assets. You can sign in using the password and email Id.
Trading Platforms
There are two types of trading platforms are available on Investby including Web Trader and MetaTrader 4 (MT4) trading platform. Here are the details of both the platforms.
MetaTrader4
Investby provides one of the most popular trading platforms, MetaTrader4, to their clients. The InvestBy trading platform consists of various inbuilt feature.
On this trading platform, you can develop efficient trading strategies with the help of 60+ professional analytical tools.
MT4 platform provides high execution speed to their users. In addition, this platform supports both PC, Laptop, and Mac.
The best thing is you are not required to download any other software to use this platform. Traders can access the MetaTrader4 platform through any browser.
Key features of MetaTrader4 Platforms
- One-Click trading options
- Simple navigation,
- Intuitive and good trading platform
- High-level Security
- Different trading modes
- Analytics
- Access to trade history
WebTrader
WebTrader allows you to do instant trading through the web browser and provides you a trading terminal.
The platform has various advantages such as a User-Friendly interface, reliable connection, compatibility with multiple digital devices. In addition, all these features make the WebTrader platform more efficient.
Traders can access this platform via any browser. It supports both Android and iOS devices.
Key features of WebTrader Platform
- Single touch trading options
- Stop-loss features
- Consistent Connectivity
- Flexibility
- Reliability
- Functionality
- Access to trade history
Mobile App
You can trade top international markets at your fingertips from anywhere through the leading mobile trading platform provided by Investby.
This application allows you to access the financial market from anywhere, anytime. Additionally, InvestBy mobile app supports both Android and iOS devices. Traders can install this application from the Google Play store or via App Store.
Key Features of Investby Review Mobile Apps:
- One-touch trading options
- Stop-Loss features to help you mitigate market losses
- Consistent connectivity
- One click trading
- Breaking news alert
- Available on Google Play Store and Apple App Store
- User-friendly mobile application
- Reliability
- Functionality
Trading Instruments
Investby offer CFDs trading on various financial instruments such as Forex, stocks, popular indices such as NASDAQ, precious metals, most popular cryptocurrency such as Bitcoin, soft and hard commodities such as brent oil and natural gas,.
In addition, the platform takes traders to whole new trading level. Collect detailed information about each financial market from here.
Forex Trading: 45+ major currency pairs are available for trading, such as EUR/USD, GBP/USD, USD/JPY, etc.
Cryptocurrency: 30+ cryptocurrency pairs are available for trading like BTC/CNY, BNB/USD, and several others.
Stock Trading: The broker offers 30+ stocks of mega companies for trading, and trading opportunities in popular blue chip stocks such as ABBN, ABI, and various others.
Commodities: 20+ hard and soft commodities are present for trading like COCOA, Coffee, Corn, Cotton and various others.
Indices: 15 + stock market indices are present for trading, such as ASX, CAC, DAX, and various others.
Risk Warning: CFDs Trading are considered high risk. Most retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing before investing money.
Commission & Spreads
Traders can experience commission-free trading on the broker’s website. Due to commission-free transactions, traders can enhance their profit margin.
The tight spreads provided by the broker is 28 for silver accounts, Whereas the minimum spread for Gold and Platinum trading accounts is 20 and 18. Investby offers floating spreads to their clients, which enhances their trades performance.
Spreads are the difference between bid price and ask price. The broker charges swap fees from the clients, but 25% to 50% discounts are available for Gold and Platinum account holders.
Leverage
The leverage varies as per different instruments for all three trading accounts. The provider offers maximum leverage to their clients for forex is 1:200 to Gold, Silver trading account holders, whereas Platinum trading account holders will get maximum leverage up to 1:500 for forex trading.
As mentioned above, you can go for high leverage, in case you’ve a high risk appetite. Check Assets wise leverage from the bullet points given below.
Silver and Gold Trading Account Leverage:
- Forex: 1:200
- Silver & Gold (Metal): 1:50
- Indices: 1:50
- Commodities: 1:50
- Stocks/Equities: 1:10
- Cryptocurrencies: 1:2
Platinum Trading Account Leverage:
- Forex: up to 1:500
- Silver & Gold (Metal): up to 1:25
- Indices: up to 1:25
- Commodities: up to 1:25
- Stocks/Equities: up to 1:10
- Cryptocurrencies: up to 1:2
Deposit and Withdrawal
The broker does not charge any fee for deposition. Traders can deposit through multiple payment methods available on the official website of Investby.
The preferred payment method include Mastercard, e wallets, Visa card, Neteller, credit cards, debit cards and Bank wire transfer. To withdraw funds, traders have to submit withdrawal requests.
The withdraw money request generally takes 6 to 7 business days to get processed. The broker charges inactivity fees from their clients after a certain period of time. So never leave your account inactive. Most importantly, there are no hidden fees or any hidden charges.
Educational and Research Support
The broker’s website consists of a wide range of educational material, which you can access by opening an account.
Traders will get access to the trading article, trade ideas, Earning reports season, Assets hub, Trading courses, Economic Calendar, technical and fundamental analysis.
All these features will help you to expand your trading knowledge. Beginner traders can improve their trading skills as well as professional traders can update themselves from new trading styles of various financial markets.
Traders can take advantage of advanced trading solution through various top notch educational resources VOD, eBooks, trading articles, and online courses on the broker’s portal available on the Investby learning center.
Economic Calendar is also available for the client’s help. Traders can directly buy and sell assets with the help of the Assets hub option present on the broker’s excellent platform.
Customer Support
Investby Brokerage’s customer support service are ready to answer your questions 24/5. It also offers multilingual support.
Traders can contact them through a Phone call, Live Chat, and e-mail. The support staff typically replies in less than an hour. Investors can take advice from support staff from Monday to Friday (04:00 till 17:00 GMT).
Traders will also contact them through the “Contact Form” available on the broker’s website. Check contact details from the given below section.
Phone Number: +447723525627, +27418801700
E-mail: support@investby.com
Headquarter (Physical Address): Minsk, Minsk Region, Minsk district, ag. Kolodischi, Minkskaya str., 69a-2, office 23
Conclusion:
That’s all in our detailed InvestBy review, here’s a quick summary of what we have found about the broker: The financial service provider Investby is a best Forex broker that offers smooth trading services over 350+ tradable instruments like forex, commodities, stocks, indices, cryptocurrency, and indices.
This trusted broker is regulated by the National Bank of the Republic of Belarus with licence number 40023. The three types of InvestBy trading accounts are Silver account, Gold account, and Platinum accounts.
You can also use premium account tiers for advanced trading and smooth trading experience. The brokerage firm offers flexible spreads and high leverage to their clients.
On positive side, Traders can access educational material for enhancing their knowledge, such as VOD, articles, online courses, and many other things.
The deposit and withdrawal process is very smooth and quick. Traders can submit deposits through Mastercard, e-wallet, Visa card, and wire transfer. Customer Support team’s top notch services are available 24/5 for customers’ help.
Risk Warning: CFDs Trading are considered high risk. Most retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risks of losing before investing money.
FAQs
What is the minimum deposit for opening an account on InvestBy?
The minimum deposit is $250 for opening an account on a broker’s website. Traders can submit initial deposits via Mastercard, e-wallet, Visa card, and wire transfer.
Is Investby a legit brokerage firm?
Yes, Investby is a legit brokerage firm. The broker is regulated by the National Bank of the Republic of Belarus with license number 40023. The broker is managed and operated by TechFX LLC. You can start trading career with this broker.
How much time will it take to process a withdrawal from the Investby broker portal?
Traders need to submit withdrawal requests. After that, it takes 6 to 7 business days to get processed. The fund will appear in your account anytime during this time interval.
How many research tools are available on the Investby Broker portal?
There are more than 60 professional trading tools including economic calendars, trade signals available on the broker’s portal. Through various research tools, you can create efficient trading strategy for successful execution of trades.
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