InvestBoost is a new unregulated broker that was created on July 13th, 2020. By 2021, they went out of business like all unregulated brokers.
There is no information available who owns this broker, where they are located, or how to contact them. Their Official website is at: https://InvestBoost.cc/.
For withdrawal problems or complaints, read this.
InvestBoost Review
Day Traders and Investors at InvestBoost are given the Status web-based CFD trading platform, which is a basic and simple trading app. MetaTrader 5 and popular mobile trading apps are not offered.
Our review finds that they offer a lot of underlying assets for CFD trading including; Forex Major, Forex Minor, Crypto Currency, Metals, Commodities, Market Indices, and Shares. Margin rates on $BTCUSD is 1:10 and the spread is now at $110. It is important to know, that the FCA has banned the trading of CFD’s on Crypto.
Minimum deposit for a new trading account at InvestBoost is $250. This broker uses a few different payment processors including; PayTrio, Cashir.Live or Crypto Wallets. When depositing money at a broker that uses crypto payment processors, you lose your credit card fraud protection. Their crypto wallets website is at: https://investboost-wallet.cc/.
If you try to deposit via wire payment, InvestBoost will ask you to send your money too: UAB Ristema, Saltiniu g. 15-7, Vilnius, Lithuania. IBAN: LT863350039576974676, SWIFT: EPUALT22XXX.
Automated Trading Apps
Like most people reading this review, we found this broker, because we signed up for the Profit Maximizer trading app.
Before investing with “Get Rich Quick” trading signals software, you should compare other apps, see here.
Is InvestBoost a Legit Broker?
No, InvestBoost is not a licensed broker, and they are not regulated by any government agency.
When the Scam Broker Investigator reviews a new Forex or Crypto CFD broker to see if they are a scam broker or a legitimate broker, we check for a license from any of the government financial regulators. Brokers in Australia must have a license from ASIC, while brokers in England must be regulated by FCA.
By using a local brokerage firm, that is licensed in your country, this ensures that you will not have problems withdrawing your money.
Compare Regulated Brokers
New investors looking for a good online broker have plenty of brokers to choose from. An experienced professional trader, will have a multiple trading accounts at different brokers, which they will use depending on the trading conditions.
PepperStone is a U.K. and Australian regulated broker, that offers Mirror Trader and Social Trading, see here. Pepperstone offers the tightest spreads, and you have a choice of trading apps. Start Trading at: Pepperstone.com.
Existing clients of Invest Boost are asked to please share their experience with other investors, in the comments section below.