Investing Banks

What is Investing Banks？

Investing Banks, with over 20 years of experience, is an online trading platform that aims to provide a comprehensive and fully-automated trading experience for its global membership. With its registered base in Cyprus, Investing Banks offers a wide range of assets, leading platforms, and generous trading conditions to cater to the diverse needs and preferences of its clients.

As an unregulated entity, Investing Banks operates within the framework of its own internal policies and guidelines.

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros of Investing Banks:

- Range of Trading Instruments: Investing Banks offers a wide range of trading instruments, allowing clients to diversify their investment portfolio and take advantage of various market opportunities.

- Many Years' Industry Experience: With over 20 years of industry experience, Investing Banks has accumulated valuable expertise and knowledge in online trading, which can be beneficial for clients seeking a reliable and established platform.

- Data Protection Measures: Investing Banks provides data protection measures, which ensure that clients' personal and financial information is safeguarded. This can enhance the overall security and trustworthiness of the platform.

- Social Media Presence: Investing Banks offers Twitter, Facebook and so on, which can be advantageous for clients who prefer to stay updated with the latest market news, trading insights, and educational resources.

Cons of Investing Banks:

- Operates Without Valid Regulation: One of the major drawbacks of Investing Banks is that it operates without valid regulation. This means that it lacks the oversight and accountability provided by regulated entities, potentially posing a higher level of risk for clients.

- Unclear Trading Conditions: Investing Banks' trading conditions, such as spreads, commissions, and leverage, are not clearly specified. This lack of transparency can make it difficult for clients to fully understand and evaluate the costs and risks associated with their trades.

- Not MT4 Supported: Investing Banks does not support the popular MetaTrader 4 (MT4) trading platform. MT4 is widely used and preferred by many traders due to its advanced charting capabilities, expert advisors, and extensive technical analysis tools.

- No 24/7 Customer Support: Investing Banks does not provide 24/7 customer support, which can be inconvenient for clients who can require assistance outside of regular working hours or during urgent situations.

Is Investing Banks Safe or Scam？

Investing Banks claims to prioritize security and has implemented sophisticated measures to safeguard personal information, privacy, and funds. They also encourage users to take precautions to prevent fraud, phishing attempts, and other security risks.

Despite these claims, its essential to note that Investing Banks lacks valid regulation, which can raise concerns about the level of oversight and consumer protection offered to users. Without regulatory oversight, there can be increased risks associated with engaging in financial activities through Investing Banks.

Given the absence of valid regulation, individuals should carefully weigh the potential risks and consider alternative regulated options when evaluating the safety and legitimacy of Investing Banks.

Market Instruments

Investing Banks provides a diverse range of trading instruments across various asset classes, offering traders access to a broad spectrum of financial markets. These instruments include:

- Forex: Investing Banks enables trading in the foreign exchange market, allowing individuals to engage in currency pairs and speculate on the fluctuations in exchange rates.

- Indices: Traders have the opportunity to trade indices, which represent the performance of a group of stocks from a particular exchange or market.

- Commodities: Investing Banks offers trading in commodities, such as precious metals (gold, silver), energy (crude oil, natural gas), agricultural products (wheat, corn), and more.

- Stocks: The platform allows for the trading of individual company shares from various stock exchanges, providing access to a wide array of publicly listed companies.

- Cryptocurrencies: Investing Banks facilitates the trading of digital currencies, giving traders the ability to participate in the cryptocurrency market and speculate on the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and others.

Account Types

Investing Banks offers multiple account types tailored to meet the varying needs and trading preferences of its clients.

• Standard Account:

- Minimum Deposit: €250

- This entry-level account is designed for new and casual traders who are getting started in the financial markets. It can offer basic features and access to a limited range of trading tools.

• Professional Account:

- Minimum Deposit: €10,000

- The Professional Account caters to more experienced traders who require additional features, higher trading limits, and enhanced support compared to the Standard Account.

• Business Account:

- Minimum Deposit: €30,000

- This account type is tailored for businesses and corporate entities looking to engage in trading activities. It can offer specific business-focused features, services, and potentially higher trading limits.

• Business Plus Account:

- Minimum Deposit: €100,000

- The Business Plus Account is a premium offering designed for larger businesses or high-net-worth clients. It can provide exclusive perks, personalized services, and premium trading conditions.

Trading Platforms

Investing Banks' web-trader platform is a user-friendly and accessible tool designed to meet the needs of traders across different experience levels. The platform is web-based, which means that clients can access it directly through their web browsers without the need for additional software downloads. This accessibility allows for seamless access to trading functions from various devices, including desktops, laptops, and mobile devices, providing flexibility for traders to manage their investments on the go.

Deposits & Withdrawals

Investing Banks offers convenient deposit and withdrawal options through its client portal.

To deposit funds, clients can access the platform and click on the “Deposit Funds” tab. From there, they can choose the appropriate funding method based on their preferences and availability. The processing time for deposits vary depending on the chosen method. Bank wire transfers, for example, can take up to 3 working days to be processed, depending on the bank involved.

For withdrawals, Investing Banks allows clients to request withdrawals of their profits exclusively through bank wire transfers. This means that clients can receive their initial deposits via the payment method initially used, and any excess funds in the form of profits will be sent directly to their bank accounts.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Mon - Fri 9.00 - 20.30, Weekends CLOSED

Telephone: +39 350 923 7499

Email: kyc@investing-banks.com

Address: 7 Florinis Str.Greg Tower, 2nd Floor 1065 Nicosia

Moreover, clients can get in touch with this broker through the social media, such as Twitter, Facebook, and Instagram.

Whats more, Investing Banks provides a Frequently Asked Questions (FAQ) section on their website to assist their clients with commonly asked questions and provide relevant information.

Conclusion

In conclusion, Investing Banks is a unregulated online trading platform that offers a comprehensive range of assets, leading platforms, and favorable trading conditions. Guided by a customer-first approach, the company places great importance on integrity, quality, and transparency.

However, it has many problems including no regulation, spreads, commissions, and leverage not clearly specified, not MT4 supported and no 24/7 customer support. It is important for individuals to carefully consider these pros and cons before deciding to trade with Investing Banks.

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.