Investments Global is a new online broker that opened in May 2022. Official website is at: InvestmentsGlobal.com.
They are a brand new broker that is promoting their services to Australians, however, they failed to get a license from ASIC. IG is actually owned by a shelf company in Saint Vincent & Grenadines. Any broker that accepts clients from Australia, must have a license from ASIC.
Two contact phone numbers are listed; United Kingdom +448000664119, or Australia +61283798005. A contact email address of [email protected] is another way to contact them.
If you are having problems making a withdrawal, read this. This broker shows that they process withdrawals to your Bitcoin wallet.
Investments Global Reviews
Our review of the new broker Investments Global finds, that they give their day trader clients a very basic and simple, web-based Forex trading platform. You will not find the MT4 or MT5 trading platforms, and they also do not have mobile trading apps. We looked for a way to create a demo account, but couldn’t find that either.
Like all CFD brokers, you will find a nice range of underlying assets to trade including; Forex / Currency pairs, Commodities (Oil, Gold Silver), Market Indices and CFD’s for popular shares trading. A quick check of their trading conditions for BTCUSD shows a wide spread of $95. Compare them with Pepperstone spreads.
Many new investors look for offshore brokers with high leverage because they believe they will make money easier that way. The reality is, trading with high leverage is risky, and since new traders don’t understand the risks, they quickly lose all their money.
Minimum deposit required for a new trading account at Investments Global is officially $250. Online deposit options are not available, and they direct you to speak with an account manager. Soon after you signed up, you probably already received a phone call from their salesman asking for your deposit.
Is Investments Global Legit?
No, Investments Global is not licensed or regulated by any of the reputable government regulators. They do not disclose where they are located, or who the owner is. They only registered their domain name on May 13th 2022.
When the Scam Broker Investigator reviews a new Forex or Crypto broker to determine if they are legit or a scam, we first look for a valid brokers license. In recent months, we have seen many scam unlicensed brokers, disappear and go out of business. The best brokers are always licensed by ASIC Australia, the FCA in England or your local governments financial regulator.
Smart investors will always use a licensed broker, because of the protection you are afforded from their financial regulator.
Fake Crypto Trading Apps
We receive hundreds of emails each day from spammers inviting us to make fast easy money with an automated trading app. They offer a free automated trading system, which claims to make money from Crypto trading. After we signed up for the app, we were redirected to the brokers at investmentsglobal.com.
The problem is that there was actually no trading app, and it was just a gimmick to get us to sign up for this broker!
When looking for automated trading solutions, see what a licensed broker like AvaTrade offers.
Compare Forex Brokers
Smart investors always review a few different brokers before making a final decision, See the best brokers list.
ForTrade is a popular broker in Australia and Europe, that is licensed and authorised by the FCA and ASIC, see here.
See a Free Demo Account at: ForTrade.com.
What was your experience investing with the brokers at Investments Global? Please share your review in the comments section below.