Invest Atlas is an unregulated CFD broker that launched their website on April 9th 2022. We believe that this broker is connected with the now defunct broker NeoOmatic and Dakken Group.
You are not the only person who is having problems with the brokers at InvestAtlas, as we constantly receive complaints from other new investors, read this.
Invest Atlas Broker Review
New Day Traders and amateur investors at Invest Atlas are given an off the shelf white label trading platform called Status. This trading platform is very basic, and user friendly for a new trader, but it is lacking many important features. They are using the familiar charting system from Trading View.
However, if you have dreams of becoming a professional day trader, then you will not find the industry standard Meta Trader 4 (MT4) trading app. All investors today are look for a decent mobile trading app, but this broker doesn’t offer one.
Like all brokers, they offer a nice variety of underlying assets for CFD trading including; Major FX pairs, Minor FX pairs, Crypto Currency, Gold, Silver, Oil, Natural Gas, Market Indices, and Shares. Margin rates for major Forex pairs is 100:1, and on Crypto currency there is no margin offered.
Basically if you are interested in gambling on Crypto, you are better off going directly to an exchange, and not use CFDs.
Since you signed up to Invatls from a CryptoSoft type scam the minimum required deposit is $250. This broker uses a payment processor abncbp for credit card deposits. When depositing money at a broker that uses a crypto currency payment processor, you will lose the fraud protection offered by your credit card company.
Crypto Trading App Scams
Like most people reading this review, we found this broker, because we signed up for the CryptoSoft trading app.
You should really take a few minutes to learn about auto trading signals, see here.
Is Invest Atlas a Legit Broker?
No, Invest Atlas is not a licensed or regulated broker, and they are not supervised by any government agency. Although they are targeting people in England, they are not regulated by the FCA.
Who owns this broker? Where are they located? No information is offered on their websites. If you dig deep in their terms and conditions page, you will find a mention to Estonia.
Customer support email address is: [email protected]. They are operating two websites; Official website is at: https://investatlas.co/ and the website for the trading platform is at: https://webtrader.invatls.cc/. No contact phone number is listed for this broker, but when you signup for a new account, you usually get a high pressure sales call within a few minutes.
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. Using a local brokerage firm, that is licensed in your country ensures that you will not have problems withdrawing your profits. Brokers in Australia must have a license from ASIC, while brokers in England must be regulated by FCA.
Compare Regulated Brokers
New investors looking for a good online broker have plenty of brokers to choose from.
ForTrade is a popular broker in Australia and Europe, that is licensed and authorised by the FCA and ASIC, see here.
Take a minute and try their Free Demo at: ForTrade.com.
If you are already investing at Invest Atlas, please share your experience using this broker with other readers in the comments section below.