The Financial Investment Group Spreads, leverage, minimum deposit Revealed

　　General Information & Regulation

　　The Financial Investment Group is allegedly a forex and CFD broker registered in the United Kingdom that claims to provide its clients with over 200 tradable assets with leverage up to 1:100 and floating spreads as high as 8.5 pips on the web-based trading platforms, as well as a choice of six different live account types and 24/5 customer support service. Here is the home page of this brokers official site:

　　As for regulation, it has been verified that The Financial Investment Group does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.19/10. Please be aware of the risk.

　　Market Instruments

　　The Financial Investment Group advertises that it offers access to more than 200 tradable assets across five asset classes, covering CFDs on stocks, forex, cryptocurrencies, indices and commodities.

　　Account Types

　　The Financial Investment Group claims to offer six types of trading accounts, namely Amateur, Silver, Gold, Marble, Diamond and Platinum. The minimum initial deposit amount is $250 for the Amateur account, while the other five account types have much higher minimum initial capital requirements of $5,000, $10,000, $25,000, $50,000 and $100,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

　　Leverage

　　A leverage ratio of up to 1:100 is offered by The Financial Investment Group, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

　　Spreads

　　As shown on the web-based trading platform of The Financial Investment Group, the EUR/USD spread is as high as 8.5 pips.

　　Trading Platform Available

　　The platform available for trading at The Financial Investment Group is web-based. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

　　Deposit & Withdrawal

　　The Financial Investment Group says to accept deposits via credit cards (Mastercard, Visa), E-Wallet (APM, EFT) and Wire Transfer. The minimum initial deposit requirement is said to be $/€/£250, while the minimum withdrawal amount is $/€/£100. A withdrawal fee of 1% with a minimum withdrawal fee of $/€/£30 and a maximum withdrawal fee of $/€/£300 will be deducted from your balance with every withdrawal you make. Withdrawal requests require 7-10 working days to be processed.

　　Bonuses

　　The Financial Investment Group‘s website states that withdrawals of over 20% of the account deposit mean a loss of the entirety of the account’s bonus and profits. The only way to avoid that is to achieve a turnover requirement of over 50,000 times each unit of bonus.

　　In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.

　　Customer Support

　　The Financial Investment Group‘s customer support can be reached by telephone: +44 2070 431 905 (United Kingdom, Monday to Friday 09:00-13:00 GMT), email: support@thefinancialig.com, live chat (Monday to Friday 07:00-14:00 GMT) or send messages online to get in touch. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

　　Risk Warning

　　Online trading involves a significant level of 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 contained in this article is for general information purposes only.