InvestMarkets Account Types
All brokers offer you a choice of account types, and at InvestMarkets you have four options to choose from. The only one with a reasonable minimum deposit requirement is their Basic account at $250. The larger accounts offer tighter spreads, but for most people, the basic account works.
When you signup for a new account, you will be able to create a login password. You will also receive an email from them with separate login details for your MT4 trading account. Make sure you store them in a safe place so you dont forget it.
Warning! Automated Trading Apps
Thousands of newbie investors got scammed by a trading robot they found on a Fake News website. You can read about the complaints in the investors forum.
InvestMarkets does not offer their clients any automated trading software! An automated trading app is also known as an Expert Advisor, which is commonly used by professional investors on MetaTrader4.
If you are interested in using a trading algorithm robot checkout Pepperstone.
Is InvestMarkets a Good Broker？
Technically the broker InvestMarkets has a license from the IFSC in Belize (license number is 000307/19).
How does a license from Belize help an investor from South Africa？ Well it does not offer an protection of the clients money. The Best Forex Brokers, are all licensed and regulated by Tier 1 regulatory agencies.
How do you verify that a Forex broker is legitimate, and not another online investing scam？ You must check with your countries financial regulatory agency, that the broker has a license. Day traders should only invest with a local broker, that is regulated by the governments regulatory agency in their country.
All online brokers, whether they are offering Crypto or Forex CFDs, are required by law to have a license. If your broker is not licensed, then they are an illegal scam. Always confirm that your broker is 100% authorized by the financial regulator.
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