The company promises to give customers the “best trading experience” and calls itself a “leading trading platform”. In addition, the contact list is supplemented with a UK address, which raises interest in this company. However, the website has no supporting documents for its registration and license.
How reliable is this firm and can you trust it with your funds? Our Invxo review will show you whether trading with this broker is safe and profitable.
How to Trade
Clients can trade classic CFDs on 6 asset types. Trading is carried out on the author’s WebTrader platform. The brokerage firm offers:
- Three traditional tariffs.
- Islamic trading account.
- Scalping, hedging.
There are floating and fixed spreads, but their specific sizes are unknown. Also, important trading parameters such as swaps, commissions, and fees are not listed here. The maximum leverage size is there in two versions on different pages of the site – 1:200 and 1:300.
Access to market research and the latest news are among the additional features provided to registered users. There are three social media symbols on the site, but they are not active.
Invxo Vital Info
The founders of the project do not disclose data about its history. Meanwhile, in the footer of the resource there are dates – 2023-2024. As for the domain, it was created only at the end of April 2024. Is this company, which has been operating for several weeks, hiding the short life of the platform and misleading its potential customers?
We checked the office address listed on the website, and it turns out that this is a highway that is not even in the London area that is shown on the map posted in the contact section. According to the UK regulator FCA, Invxo is not listed as a licensed broker. In addition, we did not find the company in the registers of any country. Probably, this legal entity does not exist at all.
I started to earn money on forex only with this company, and I changed four brokers before Invxo, but I received only small sums, I could not manage to build a good strategy and trade with profit. However, when I opened an account at invxo.com, things got better quickly! My personal analyst helped me to develop a plan, which I am still working on. In addition, the terminal here is very convenient, I like the functionality of the platform. I will not say that I earn huge money, but I have a stable income here, on average 30-50$ per day. I would also like to note that this is the first time I have met such a firm on my way as a trader, where the whole staff is not amateurs, but competent professionals :) I had problems with the site twice in a month of work, but each of them occurred through my fault, because of my absent-mindedness. I contacted invxo tech support, which works 24/7, and the operators answered me even at 2 am. The first time there was a problem with displaying charts, they helped me solve it in a couple of hours. In the second time, when my money (when withdrawing profit) was not credited to my bank account within a day, and I started to think that I had not checked the details for anything, it turned out that everything was correct, but for some reason the transaction was delayed. However, after I contacted Invxo tech support, these guys helped to transfer money to my account in just half an hour. I should have contacted them immediately after I felt anxious and then I wouldn't have had to worry at all. Good job!!!
My history with this company began in April. Invxo representative called me and told me that he could help me to earn on forex (although I have nothing to do with this broker and did not go to invxo.com) Most likely, they got the information from another site where I registered recently 🤔 I replied that I am interested in it, but I'm not ready to trade yet, as I am learning the basics of trading. He promised to help me so that I could make money faster. In the end, I agreed to cooperate with him. To start trading I had to be verified (provide my passport details, passport photo, selfies with my passport where my photo is, photo of my card (both sides). I said that I would not take a photo of the card on both sides, but it turned out that it was enough for invxo that only the last 4 digits of the card were visible. The next day the verification was passed. I had to make a minimum deposit of 500 euros to start trading. I asked: why deposit in Euros if we trade on the American exchange? He said that the dollar is an unreliable currency and can collapse at any moment 🤔 Anyway I started to earn money on invxo and my manager soon started to tell me that I should invest 5000 euros in good trades (by the way, I have already earned about 480 euros in a week). I thought: well, it's cool, because I doubled my balance in a short period and I decided to deposit. As a result, my balance was growing and in total I deposited 19,460 euros, and together with the profit from trading I made about 36 thousand euros for a month. And then I opened a trade on energy carriers on the instructions of my manager, which zeroed out almost all of my balance. The manager promises to help me get back the amount I lost if I deposit 5,000 euros back into my account. But I replied that I don't have the money and this INVXO representative stopped contacting me.
The broker does not disclose many details on its trading conditions - what spread, type and size of commissions, contract specification, liquidity providers and so on. These are important aspects that every trader should know before opening an account. They say the firm has an office in the UK, but I don't see copies of the financial authorization documents, and where is the license??! I can't claim, but in my opinion - this is a scam company, with an accuracy of at least 99.99%. My conclusion - this is a scam you don't need to go out into.
On what basis does this broker offer to invest in trading on this dubious platform? I mean, I ask: where is the license for these types of financial activities? There is none! Where are the reports, where are any legal documents??! Each owner of the site can write anything he wants on it, and only an honest firm can prove its claims with real documents that it is all reliable, and not fill a cheap interface with empty promises. I, as an experienced trader, warn you: beware of companies like invxo, because they are real crooks who want to cheat you and steal your money.