Trading Instruments
Inside Invest offers trading in 4 popular trading products. The multiple products help traders enhance their portfolios and access global markets. These assets allow traders to get exposure to the international market.
Forex
At Inside Invest, traders can access global FX currency pairs. From minor, major, and exotic, traders get it all.
Commodities
At Inside Invest, traders can also invest in precious metals and energies. These include gold, silver, crude oil, and natural gas.
Indices
Inside Invest allows traders to invest in global indices. Also, the platform helps traders understand and analyze market movements.
Stocks
At Inside Invest, you can trade in global companies like Apple, Amazon, and Google. The platform lists the top companies in which you can invest.
Account Types
Inside Invest offers several account types designed to accommodate various trading styles and experience levels:
Starter Account
It is ideal for beginners, offering essential trading tools and access to most available markets. The account typically comes with standard spreads and a modest minimum deposit requirement.
Standard Account
It is suited for intermediate traders who require additional tools and market analysis. This account type may offer tighter spreads compared to the Starter Account.
Classic Account
It is tailored for experienced traders, providing lower spreads. This account type offers enhanced market access and trading tools.
Advanced Account
It is designed for high-volume and professional traders. This account type offers the lowest spreads, priority customer support, and personalized trading conditions.
Withdrawal and Deposits
Inside Invest does not provide any specified information about the withdrawals and deposits on the platform. The minimum deposits can vary starting from $250. This high minimum deposit eliminates the low-budget traders on the platform. Inside Invest states that it processes withdrawal requests swiftly. However, the actual processing time might depend on the withdrawal method used.
Fees and Commission
The broker’s fee structure can significantly affect trading profitability. Inside Invest operates on a spread-based model, where trading costs are incorporated into the difference between the bid and ask prices. For some instruments or account types, there might also be a commission per trade.
Some account types may include additional commissions on trades, especially for assets like stocks and commodities. These should be factored into the trading strategy to evaluate overall costs.
Inside Invest may charge overnight swap rates for holding positions and inactivity fees if the account is dormant for a certain period.
Security and Regulations
Security is one feature that is lacking in the platform. Inside Invest has not been regulated by any financial authorities. This reduces the credibility of the broker.
The financial bodies keep the platform transparent and safe for trading. Inside Invest lacks security measures that risk clients’ personal and financial information.
Overall, security measures at the platform reduce its legitimacy for traders.
Customer Support
Dedicated customer support is a hallmark of a reliable broker. Inside Invest offers 24/5 customer support through email (support@insideinvest.pro) and contact forms.
Is Inside Invest a Scam?
Inside Invets is not a regulated trading platform. This makes it risky for traders to invest. The platform also lacks effective security measures during transactions.
Traders are encouraged to check for any unresolved complaints, negative reviews, or warning signs issued by regulatory authorities. The lack of regulation or multiple fund withdrawal issues would be red flags signaling potential risks.
Conclusion
Inside Invest offers a broad spectrum of trading instruments, account types, and tools to cater to various trader profiles. The broker promises advanced technology, tight spreads, and efficient customer support.
However, the regulatory status and security measures make it difficult to trust. The lack of regulations at Inside Invets increases its chance of scams. Overall, it decreases the trust of investors.