Investmentco is a foreign exchange broker that offers a variety of trading options including forex, stocks, commodities, cryptocurrencies, indices, energy, and contracts for difference (CFDs). The company registered its domain name investmentco.live on September 17, 2024.
Trading Platforms
According to the information provided by the official website, customers can choose the following two trading platforms for transactions:
- MetaTrader 4 (MT4): A globally recognized forex trading platform widely used for trading various asset classes. Investmentco offers a mobile version supporting both iOS and Android devices. Note that the download link for Android devices may not be available.
- TradingView: The website mentions this platform as another trading tool, but currently, only MetaTrader 4 is found in the iOS version app store, with no available download link for TradingView.
Account Types
The broker offers multiple account types to cater to the needs of different levels of investors. Below are the main account types and their respective requirements:
Starter Account
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
Classic Account
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
Platinum Account
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
Leverage and Commissions
The platform offers a maximum leverage of 1:500, allowing investors to engage in larger market operations with less capital. Commissions start at 0.08%, and specific fees vary depending on account type and transaction volume.
Regulation
Regarding regulation, the broker's website claims it is regulated by the Australian Securities and Investments Commission (ASIC). However, upon investigation, no relevant information was found on the ASIC, Financial Conduct Authority (FCA), or National Futures Association (NFA) websites. Due to the lack of clear regulatory information, investors should exercise caution when choosing this platform and thoroughly assess its potential risks.
Customer Support and Social Media
The broker offers 24/7 online customer support and can be contacted via email.
It should be noted that the official email offered on the website’s Home page is [email protected], while the email address on the Contact page is [email protected]. The inconsistency in provided emails might indicate some level of risk, and investors should exercise caution.
- Email: [email protected]
- 24/7 Online Customer Support
- Contact Number: Not provided
- Address: 20-22 Wenlock Road, N1 7GU, London, United Kingdom (a known address for multiple scam companies)
Also, the website is showing icons of Facebook, Instagram, YouTube, and Twitter, but these links refer to the web site of the platform, instead of real social media accounts. It's suspicious for a reliable forex broker and might mean a potential danger.
Educational Resources
The broker's website provides some educational resources, including:
- Beginner Courses: Helps novices understand the fundamentals of forex trading and the reasons for market participation.
- Stocks and CFD Courses: Introduces basic knowledge of the CFDs market, market dynamics, and trading techniques.
- Video Tutorials, E-books, Glossary: Offers additional learning materials and practical tools to help investors improve their trading skills.
Deposit and Withdrawal Methods
The platform supports various deposit methods, including credit/debit cards, bank transfers, and Bitcoin. Specific deposit and withdrawal requirements are as follows:
- Credit/Debit Card and Bank Transfer: No fees are charged for using these methods.
- Bitcoin: The minimum deposit for Bitcoin is £50, with no fees for deposits or withdrawals on the platform. However, a standard network fee of 0.0005 BTC is charged when transferring through the blockchain. Generally, funds are credited after six confirmations, which may take up to six hours.
Website Traffic and Template Similarities
According to Semrush, the platform's monthly visit average is less than 10 visits/month, indicating very low user traffic or possibly other underlying reasons.
Additionally, the overall design of investmentco.live closely resembles templates used by many known scam companies. For instance, platforms like fairtradeopts.live and xvaultsprotrades.live use the same design style. This pattern is common in bulk-generated websites aiming to gain investor trust through professional appearances. Investors should be extremely cautious and verify the authenticity of such platforms before investing.
User Reviews and Corporate Personnel Information
Currently, there are no reviews about this broker on the public networks. This is not normal for such a broker who claims to provide financial trading services on a global scale. In fact, every real, established, and operating platform gets reviews from people using social media, forums, or review websites.
Also, from the publicly available information and internet searches, no corporate people information was found about the platform. Lack of this information may affect the opinion of possible investors about the transparency and trustworthiness of the platform.
Risk Analysis and Conclusion
The broker says it is regulated by the ASIC on its webpage; however, investigation on big regulatory bodies' sites does not show any registration data and information about this broker. That is why investors should be really attentive to the possible risks of this trading tool. Being vigilant shall be done concerning poor regulation and increased market and operational risks.
When trading on this platform, it is advised for investors to:
- Thoroughly check its regulatory qualifications and related background information before depositing funds.
- Fully understand the trading options, platform functions, and associated fees.
- Use a demo account for practice to avoid direct live trading and reduce risks.
- Consider personal risk tolerance and strategically plan investment portfolios and fund allocation.
Generally speaking, it has other trading products, too; however, due to too little explicit regulatory information and judging by the website's design - similar to scam companies, investors should show more caution using the platform and check the risks well in advance of investing.
