Investous: What to Make of this Crypto Broker Trading Offer?
What Is Investous?
Owned by FI Markets Limited, Investous is a brokerage platform that provides traders with access to Contracts For Difference (CFDs). CFDs are derivative assets that are traded on the margin and can be leveraged in order to increase the traders’ returns. There are over 270 financial derivative products, which users can trade on the Investous web trader platform.
Investous is regulated by CySec, which ensure that traders receive certain protections such as the broker maintaining a minimum of €750,000 in operating capital in their accounts and providing financial statements and ensuring they update the regulators if any changes occur. Investous is also required to pool their funds into an investment compensation fund, which will cover trader losses for up to €20,000 caused by the brokerage platform collapsing.
How Investous Crypto Broker Trading Works
There are two account types that users can create on Investous, the Live account or the Demo account. Users can select the Live account during the registration process. Besides, there are different account types that users can choose from depending on their skill level and amount of funds in their account. The live accounts include Basic, Silver, Gold, and Platinum account.
The demo account is recommended for users who are new to the CFD trading or the Investous platform. With this type of account, the user is provided with $100,000 in demo funds. The demo account also features the same functionalities and prices offered to the Live traders. This will be a great way for the traders to practice trading before they invest any actual funds.
User can create the demo account by providing their email address, name and phone number during the registration process. The users also have the option to switch between a live and demo account at any time as long as they have created a real account.
Why Trade Using Investous
Investous does not charge traders commission per lot for the trades; instead, the platform has floating spreads for their assets. For example, Gold has 23 points on $1,248.26 ($0.23) and NASDAQ has 180 points on 6,479.35 (c. 0.03%).
Investous is regulated by CySEC, which means that the CFD trading platform will strive to attain the set standards concerning client protection and customer support. Users will always have the guarantee that their funds and investments are secure.
The Investous website is SSL encrypted; therefore, when users upload documents or credit card information, it is securely encrypted so that hackers cannot infiltrate the system and acquire confidential information on the users.
Investous has a responsive customer support team that can be reached through the live chat option, emails, or phone calls. The customer support team will help users on all account related queries. There is also a FAQ section containing routine questions traders might have.
There are more than one hundred assets, which users can trade on the platform. These assets include those listed on various stock exchanges such as indexes, FOREX or equities, and physical assets like commodities.
Since Investous is regulated, they have to disclose the best execution practices when executing the trader orders, which show that they have the best interest of the traders.