INVESTMIB

Note: INVESTMIB official site - https://www.investmib.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

What is INVESTMIB？

INVESTMIB, a US-based online trading platform with offshore operations in Vanuatu, offers its traders access to forex currency pairs and an array of CFDs, such as indices, commodities, stocks, and cryptocurrencies. Yet, concerns arise due to the company's currently inaccessible website, making it challenging to verify its regulatory adherence or general reliability. Its lack of regulatory supervision adds to these concerns, leading to questions about its legitimacy.

This article will provide a thorough evaluation of INVESTMIB, examining various aspects of its services. We strongly encourage potential users to read this entire review to gain a well-rounded understanding. This review concludes with a brief summary, highlighting INVESTMIBs main features for easy reference.

Pros & Cons

Pros:

• Multiple Account Types: INVESTMIB offers 5 trading account options which cater to a wide range of traders, from beginners to experienced professionals. This variety allows traders to select the account type that best suits their trading style and investment amounts.

• Floating Spreads: They provide floating spreads, which can be beneficial for traders as they can profit from tight market spreads during high liquidity trading periods.

• MT5 Trading Platform: The provision of MetaTrader 5, a highly respected and widely-used trading platform, is a definite plus. The advanced functionalities and user-friendly interface of MT5 aid in executing trades and performing comprehensive market analysis.

Cons:

• Unregulated: INVESTMIB is unregulated, meaning it does not come under the oversight of any regulatory body. This lack of regulation poses significant risks as traders have no assurance of security or protection for their investment.

• Website Inaccessible: Having an inaccessible website presents a huge drawback as potential users cannot browse their services, view pertinent information or contact customer support readily.

• Lack of Transparency: A lack of transparency from INVESTMIB regarding essential trading conditions and policies is concerning, as it can lead to misunderstandings and issues down the line.

• Negative Customer Reviews: Negative reviews about scam from previous customer is a red flag, indicating possible issues with the broker's services, customer support, or trading conditions.

• High Minimum Deposit: High minimum deposit requirements at $500 can be a barrier for traders with smaller investment amounts. It can limit the accessibility of their services, especially to novices or those with limited funds.

Is INVESTMIB Safe or Scam？

When considering the safety of a brokerage like INVESTMIB or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: Currently, this broker runs without any valid regulatory monitoring, which raises questions about its legitimacy and reliability. The fact that the broker's website is unavailable further magnifies these concerns.

• User feedback: On WikiFX, a report about scam is present, severely questioning the broker's reliability. This serves as a serious warning for anyone considering their services and urges utmost caution.

• Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.

In the end, the choice to trade with INVESTMIB is a personal one, requiring a thorough assessment of the advantages and disadvantages before making a final decision.

Market Instruments

InvestMib boasts a robust portfolio of assets, providing traders with a wealth of opportunities.

This includes a considerable selection of currency pairs for foreign exchange trading enthusiasts. Beyond that, they offer an array of contracts for difference (CFDs) that span several categories. Traders can engage with indices, gaining exposure to major global markets, or opt for commodities, gaining stakes in markets such as precious metals or energy. They also provide stock CFDs, enabling traders to speculate on company share price movements without needing to own the underlying asset directly. Lastly, for those inclined towards digital assets, InvestMib offers cryptocurrencies as part of its market instruments, bringing the exciting and dynamic world of digital currencies within their clients' reach.

Account Types

InvestMib provides five distinct account types for various trading styles and investment amounts.

The “Micro” account mandates a minimum deposit of $500.

Moving further upscale, the “Standard” account requires a $1,000 minimum deposit and grants access to additional trading facilities.

For more experienced or well-financed traders, the “Silver” account opens with a $2,500 minimum deposit.

Past this, InvestMib offers the “Gold” account, geared towards high−end traders with a $10,000 minimum deposit threshold.

For the elite traders, there is the “VIP” account, commanding a hefty $25,000 minimum deposit, offering the most comprehensive trading conditions.

Leverage

InvestMib offers varying levels of leverage depending on the type of account.

For both 'Micro' and 'Standard' accounts, the maximum leverage set is at 1:400, giving traders the chance to maximize their trading capital.

The 'Silver' account also offers the same leverage level of 1:400.

The leverage for 'Gold' and 'VIP' accounts is customizable, giving more experienced traders greater flexibility.

However, while high leverage can lead to substantial profits, it can also lead to significant losses.

Spreads & Commissions

InvestMib offers different levels of spreads based on the account type a trader holds.

Both “Micro” and “Standard” accounts feature fixed spreads starting from 3 pips. The “Silver” account introduces more competitive trading conditions with fixed spreads at 1 pip and variable spreads starting from 0.5 pips.

The trading conditions become more favorable as we move up the account tiers. The “Gold” account has fixed spreads starting from 0.7 pips and variable spreads from 0.5 pips. The “VIP” account offers the most advantageous spreads with fixed ones starting at 0.4 pips and variable spreads from 0.3 pips.

As it concerns commissions, detailed information about them hasnt been indicated.

Trading Platforms

InvestMib offers its trading services using the latest version of the popular trading platform provided by the established fintech company MetaQuotes – MetaTrader 5, also known as MT5.

As the successor to the successful and widely-used MetaTrader 4 platform, MT5 retains much of its predecessor's robust functionality and user-friendly features, making it an attractive choice for both novice and experienced traders.

Notably, MT5 features advanced charting capabilities, allowing traders to make well-informed decisions based on detailed market analysis. Moreover, with MT5, traders can access a wide range of market instruments, including futures, options, shares, in addition to CFDs and forex.

User Exposure on WikiFX

On WikiFX, a significant scam report raises serious concerns and serves as a cautionary signal to traders. We strongly recommend that traders carry out a comprehensive review of all relevant details before making a decision. Our platform is designed to serve as a crucial resource in your trading journey. If you should ever encounter any fraudulent brokers or have personally experienced such malpractices, we strongly urge you to report it in our “Exposure” section. Your contributions are invaluable in helping us achieve our mission, and our expert team will make every effort to respond to your concerns promptly.

Customer Service

INVESTMIB's communication channels are limited to email and phone support. There's room for diversification to enhance customer service efficiency and accessibility.

Email: support@InvestMib.com.

Phone: +49 800 000 7917.

Conclusion

In summary, INVESTMIB is a broker based in the US, operating off-shore through Vanuatu. The firm offers a variety of market instruments including forex and CFDs. However, their website's accessibility issues and the lack of regulatory oversight are significant drawbacks for interested traders.

If you are considering using this platform, bear these factors in mind, ideally starting with smaller investments. Make sure that you exercise thoughtful risk management strategies when trading and opt for platforms that demonstrate transparency and regulatory compliance.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.