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Investatla is a forex and CFD broker that claims to offer a wide range of trading instruments, including currency pairs, indices, commodities, stocks, and cryptocurrencies. The broker also claims to provide competitive spreads, fast execution, and various account types to suit different trading styles and preferences. But is Investatla a reliable and trustworthy broker? In this review, we will examine the features, advantages, and disadvantages of Investatla, and help you decide if it is worth investing with them.
Regulation and Security
One of the most important factors to consider when choosing a broker is their regulatory status. A regulated broker is subject to the rules and oversight of a reputable financial authority, which ensures that they follow high standards of security, transparency, and customer protection. A regulated broker also keeps client funds in segregated accounts, offers negative balance protection, and participates in compensation schemes in case of insolvency.
Unfortunately, Investatla does not seem to be regulated by any authority. The broker does not disclose any information about its legal entity, registration number, or license on its website. The only contact details provided are a phone number and an email address. The broker also does not mention any affiliation with any regulatory body or industry association.
This raises serious doubts about the legitimacy and credibility of Investatla. Trading with an unregulated broker exposes you to a high risk of fraud, scam, or misconduct. You may not be able to recover your money if the broker goes bankrupt or disappears. You may also face issues with withdrawal requests, hidden fees, or unfair trading conditions. Therefore, we advise you to avoid Investatla and look for a regulated broker instead.
Investatla offers two trading platforms: MetaTrader 4 (MT4) and a web-based platform. MT4 is one of the most popular and widely used trading platforms in the industry. It offers advanced charting tools, technical indicators, market news, automated trading, and customization options. MT4 is also compatible with various devices, including Windows, Mac, iOS, and Android.
The web-based platform is a simpler and more user-friendly option that does not require any download or installation. It allows you to access the markets from any browser and device. It has a sleek and intuitive interface that displays live quotes, charts, trading history, and account information. However, it lacks some of the features and functionalities of MT4.
Investatla claims to offer competitive spreads and fast execution on its trading instruments. However, the broker does not provide any specific information about its spreads or commissions on its website. The only way to find out the actual trading costs is to open an account and test the platform.
According to some online sources, Investatla’s spreads are quite high compared to the industry average. For example, the spread for the EUR/USD pair is reportedly around 3 pips, which is significantly higher than the 0.5-1 pip range offered by most brokers. High spreads can reduce your profitability and increase your trading expenses.
Investatla also does not disclose its leverage levels on its website. Leverage is a tool that allows you to trade with a larger position size than your account balance. It can amplify your profits but also increase your losses. Therefore, it is important to know how much leverage you can use and what are the margin requirements.
Investatla offers four types of accounts: Basic, Silver, Gold, and Platinum. The minimum deposit required for each account is $250, $2,000, $10,000, and $50,000 respectively. The main differences between the accounts are the spreads, leverage levels, bonus offers, educational resources, and account managers.
The Basic account has the highest spreads and the lowest leverage levels. The Silver account has slightly lower spreads and higher leverage levels. The Gold account has even lower spreads and higher leverage levels. The Platinum account has the lowest spreads and the highest leverage levels.
The bonus offers range from 20% to 100% depending on the account type and deposit amount. However, these bonuses come with strict terms and conditions that may limit your ability to withdraw your funds or profits. For example, you may have to trade a certain volume or time before you can request a withdrawal.
The educational resources include ebooks, videos, webinars, seminars, and market analysis. The account managers are supposed to provide personalized guidance and support to help you improve your trading skills and results. However, these services may not be very helpful or reliable as they may have a conflict of interest with the broker.
Investatla provides customer service via phone and email. The phone number is +44 203 807 0069 and the email address is [email protected]. The broker does not offer live chat or other communication channels. The customer service hours are not specified on the website.
The quality and responsiveness of the customer service are questionable as well. According to some online reviews, Investatla’s customer service is rude, unprofessional, and unhelpful. Some customers have complained that they have been ignored, harassed, or pressured by the broker’s representatives. Some customers have also reported that they have been unable to withdraw their funds or close their accounts.
Investatla is a forex and CFD broker that offers a wide range of trading instruments, two trading platforms, and various account types. However, the broker is not regulated by any authority and does not provide any information about its legal status or license. The broker also does not disclose its trading costs, leverage levels, or withdrawal conditions. The broker’s spreads are reportedly high and its bonuses are restrictive. The broker’s customer service is poor and its reputation is negative.
Therefore, we do not recommend Investatla as a trustworthy or reliable broker. We advise you to look for a regulated and reputable broker that offers transparent and fair trading conditions, low spreads and commissions, flexible leverage and margin requirements, and professional and courteous customer service.
What to Do If You’ve Lost Money with Investatla?
If you have been scammed by Investatla or any other broker, you’ll want to seek assistance from brokercomplaintregistry.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokercomplaintregistry.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.