InvestBy Review 2022: It’s A Scam?

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 brokerage offer trading services over CFDs on 350 + tradable assets like foreign exchange, commodities, major cryptocurrencies, Index trading and stocks.

The broker is regulated by the renowned regulatory body -the National Bank of the Republic of Belarus (NBRB), with the license number 40023. NBRB is the central bank of Belarus.

The platform also follows local regulations. The company operates under the laws of Belarus with registration number 693150519.

On the other hand, the provider offer three account tiers to their clients: Silver Trading Account, Gold Trading Account, and Platinum Trading Account. 

Investby is a trading name of TechFX LLC. Trader can experience commission-free trading services on this brokerage platform.

The maximum leverage offered by the broker is 1:100, whereas flexible spreads are available. It provides a discount on swap changes.

The broker’s Customer support services are available 24/5 to resolve clients’ problems. They generally reply in less than a minute. There are multiple modes available to contact them like live chat, telephone, and e-mail.

Read this InvestBy review till the end to know more about the broker’s way of working.

Pros and Cons

Pros 

• Regulated and one of the best brokers
• User-Friendly Customer Support
• Award-winning trading platform MetaTrader4
• CFD on 350+ multi-asset classes
• Commission-free trading 
• Dedicated client support
• Offers major currency pairs
• Smooth Trade Execution action
• Advanced Trading Platforms
• Offers cross-platform trading session
• Clients’ funds are held in segregated bank accounts
• Offers the best analytical tools such as charts
• Cross-platform access and multiple trade execution
• Offers best technical indicators
• An Islamic Account feature is available

Drawbacks

• High Swap charges But discounts are available
• MetaTrader 5 is not available

Is InvestBy A Scam Broker?

No, this is absolutely legit broker with which you are able to gain exposure to financial markets with profits. TechFX LLC is providing its 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 platform.

The brokerage uses modern technologies for providing protection to the client’s data, such as encrypted transactions, strict firewalls, SSL technology, and other variety of safe tracking.

In addition, the provider keeps the client’s funds in a 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 capital 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 accounts, Gold accounts, and platinum accounts. These three accounts are designed to fulfil 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+assets
• No deposit fee
• Excellent leverage ratio up to 1:100
• Quality Support & Guidance
• Average execution speed 0.08
• Minimum spread:0.07
• Suitable for novice Investors
• Spreads from 28
• Access to an education hub including articles, seminars, webinars and videos
• 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
• No Deposit fee
• 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
• No Deposit fee
• 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 centre
• 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 investors can access these accounts for practising 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 trader 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, investors can experience fully operational trading, leverage up to 1:100, no spread widening, dedicated customers 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. 

How To Open An Account On InvestBy?

To start trading, the first step is to open an account with the broker. The “Open Account” option is available on the right side of the broker’s website.

The broker’s account opening process is very smooth and quick. The brokerage divided the account opening process into five steps: Account, Information, Questionnaire, Documents, and Deposit.

The broker’s website supports multilingual languages such as English, Spanish, etc. So traders can fill out the registration form in their native language. Follow given below steps to open an account on 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, etc. Now click on the open account button available under the form.
  
• On the next page, you’ll need 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 platform will ask you to submit your identity verification document. 
  
• Once the 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 or username.

Trading Platforms

There are two types of trading platforms are available on Investby, including WebTrader and MetaTrader 4 (MT4) platform. Here are the details of both platforms.

MetaTrader4

Investby provides one of the most popular trading platforms, MetaTrader 4, to their clients. The InvestBy platform consists of various inbuilt features for both beginner and active traders.

On this platform, you can develop efficient trading strategies with the help of 60+ professional analytical tools.

MT4 platform provides high execution speed to their users for high return possibility. 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. Investors can access the MetaTrader4 platform through any browser. 

Key features of MetaTrader4 Platforms

• One-Click trading options
• Simple navigation,
• Intuitive and good platform
• High-level Security
• Different trading modes
• Analytics
• Best for Active Traders
• Access to trade history

WebTrader 

WebTrader allows you to do instant trading through the web browser and provides you with a trading terminal.

The platform has various advantages, such as a trader-friendly interface, reliable connection, and compatibility with multiple digital devices. In addition, all these features make the WebTrader platform more efficient.

Investors can access this platform via any browser without the need of downloading additional software. It supports both Android and iOS devices. 

List of Key features of WebTrader Platform

• One-click trading functions
• 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. Investors can install this application from the Google Play store or via App Store. 

List of Key Features of Investby Review Mobile Apps:

• One-click trading functions
• Stop-Loss features to help you mitigate market losses
• Consistent connectivity
• One-click trading
• Breaking news alert
• Great Platform for Active Traders
• Available on Google Play Store and Apple App Store
• User-friendly mobile application
• Single-click Investment
• Reliability 
• Functionality

Trading Instruments

InvestBy offers CFDs trading on various financial instruments such as Forex, stocks, popular indices such as NASDAQ, S P 500 & FTSE 100, precious metals, the most popular cryptocurrency such as Bitcoin, and soft and hard commodities such as Brent oil, sugar and natural gas.

In addition, the platform takes investors to a whole new trading level. The platform’s services are oriented in the first instance towards regions of South America, Africa and Asia. Collect detailed information about each financial market from here.

Forex Trading: 45+ major currency pairs are available for CFDs 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 other crypto coins such as Bitcoin, Ethereum, Litecoin, etc.

Stock Trading: The brokerage offers 30+ stocks of mega-companies and trading opportunities in popular blue chip stocks of large-cap industries such as ABBN, Apple, Netflix, ABI, and various others.

Commodities: 20+ hard and soft commodities are there for CFDs trading like COCOA, Coffee, Corn, Cotton and various others. 

Indices: 15 + stock market indices are there for CFDs 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. That’s the main reason behind InvestBy’s success.

The tight spreads provided by the brokerage is 28 for silver accounts, Whereas the minimum spread for Gold and Platinum accounts is 20 and 18. Investby offers floating spreads to their clients, which enhances their trades performance and investments decisions.

Spreads are the difference between the bid and ask prices. The brokerage 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 retail investor accounts. The provider offers maximum leverage to their clients is 1:200 to Gold, and 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 maximum leverage in case you have a high-risk appetite. Check Assets wise leverage from the bullet points given below. 

Silver and Gold Account – Maximum Leverage:

• Foreign Exchange: 1:200
• Silver & Gold (Metal): 1:50
• Indices: 1:50
• Commodities: 1:50
• Stocks/Equities: 1:10
• Cryptocurrencies: 1:2

Platinum Account – Maximum 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 includes Mastercard, e-wallets, Visa cards, Neteller, credit cards, debit cards and bank wire transfers. To withdraw funds, traders have to submit withdrawal requests.

The withdrawal money request generally takes 6 to 7 business days to get processed. The brokerage 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, investment ideas, Earning reports season, Assets hub, courses, Economic Calendar, and technical & fundamental analysis.

All these features will help you to expand your trading knowledge. Beginner traders can improve their skills as well as professional traders can update themselves with new trading styles of various financial markets.  

Users can take advantage of advanced trading solutions through various top-notch educational resources, VOD, eBooks, guides, tutorials, articles, and online courses on the broker’s portal available on the Investby learning centre.

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

The customers support assistance provided by InvestBy Broker is ready to answer your questions 24/5. It also offers multilingual support to its users.

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. 

Live Chat Option

Phone Number: +447723525627, +27418801700

E-mail: support@investby.com

Social Networks: Facebook, Instagram and Twitter

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 brokerage: The financial service provider Investby is the best Forex broker that offers smooth trading services for over 350+ tradable instruments like forex, commodities, stocks, indices, cryptocurrency such as Bitcoin.

InvestBy is not a new broker and is well known for its cost-effectiveness. It 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, which offer high liquidity to traders.

You can also use premium account tiers for an advanced and smooth trading experience. The brokerage firm offers flexible spreads and high leverage to its clients. 

On the 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. The customers support team’s top-notch services are available 24/5 for customers’ help. Thank you for reading this detailed InvestBy Review.

Risk Warning: CFDs Trading is 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. Investors 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 brokerage platform is regulated by the National Bank of the Republic of Belarus with license number 40023. The brokerage is managed and operated by TechFX LLC. You can start your trading career with this platform.

How much time will it take to process a withdrawal from the Investby broker portal?

Traders needs 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 and trade signals, available on the broker’s portal. Through various research tools, you can create an efficient strategy for the successful execution of trades.

Who Owns InvestBy?

The brokerage is managed and operated by TechFX LLC. You can start your trading career with this platform.

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.

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