InvestingFox review: In recent decades, the world of trading has experienced revolutionary changes that have reshaped its landscape. Technological advances, rapidly changing market conditions and the addition of new brokerage firms are changing the rules of the game. This article delves into the fascinating world of modern trading and explores how innovative brokers emerging on the scene are shaping the future of investing.
Table of Contents
- Introducing InvestingFox
- InvestingFox – target audience and trading opportunities
- InvestingFox Broker: Demo account
- InvestingFox Review: Registration Process
- Trading platform of InvestingFox Broker
- Website and content – first impressions
- Technical and Customer support
- "Good to know" facts about InvestingFox
In today’s dynamic trading landscape, emerging brokers play a pivotal role by leveraging cutting-edge technology to offer innovative trading solutions, competitive pricing, and user-friendly interfaces. Their arrival intensifies competition, driving down trading costs and enhancing service quality. At the same time, they bring greater diversity to the market, giving traders access to a wider range of financial instruments, including stocks, commodities, forex, cryptocurrencies, and derivatives.
One of the promising new entrants in the brokerage space is InvestingFox. In this review, we’ll dive into its offers, services, and everything else you might need to know as a trader considering this platform.
Introducing InvestingFox
InvestingFox was set up in Slovakia by a group of developers who saw the potential of online trading in 2023. The company is regulated by the EU and follows all the legal requirements. Even though it is quite new, InvestingFox is growing quickly with a strong focus on its clients.
With a wide range of trading options and over 1,000 instruments, InvestingFox creates a good impression. It holds a decent position among other brokers on the market, even though it’s not easy to gain stability. InvestingFox meets all the necessary standards.
InvestingFox – target audience and trading opportunities
InvestingFox, EU regulated broker, offers online trading services encompassing a diverse range of financial instruments, including:
Forex: Typical spread (in pips) – 1:20, Leverage 0,01
Indices: Typical spread (in pips) – 1:20
Commodities: Typical spread (in pips) ** – 1:10-1:20
Shares: Leverage (up to) * 1:1, Commission***% of volume 1%
CFD Shares: Leverage up to 1:5
The nature of these assets attracts a broad spectrum of individuals and entities, each with distinct needs and objectives. Here, we delve into the primary segments of the InvestingFox target audience:
- Individual Retail Traders: These are individuals trading for personal investment or income. Novice traders typically value user-friendly platforms, educational resources, and customer support, while experienced traders prefer advanced tools, real-time data, and access to a wide range of assets.
- Professional Traders and Institutions: This group includes professionals, hedge funds, and asset managers who require sophisticated platforms, low latency, and access to numerous assets.
- Speculators and Day Traders: They focus on short-term price movements and intraday trades, where speed, liquidity, and real-time data are essential.
- Risk Managers: These traders engage in forex and commodities trading to hedge against currency and price risks.
- Global Audience: Platforms need to attract international clients, considering language, currency, and regulatory differences.
- Part-Time Traders: These individuals trade as a side income with limited time and appreciate user-friendly platforms and educational tools.
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InvestingFox Broker: Demo account
Similar to other brokers, InvestingFox offers the option to open a demo account. The process is quick and easy:
Simply enter basic details like your name, email, and password, then follow the platform’s instructions to verify your identity. Once set up, you’ll gain access to virtual capital, allowing you to trade without any risk.
This is a great way to experiment, learn, and test new strategies without putting real money on the line. The demo account closely mirrors real market conditions, complete with live data and charts, making it an excellent tool to practice trading and prepare for real financial markets.
However, the demo account is only a starting point—once you’re ready and confident, you can upgrade to a live trading account. Note that the demo account is valid for 30 days, after which you can switch to a live account, with an inactivity fee of up to 89 EUR if unused.
InvestingFox Review: Registration Process
Here’s a step-by-step guide to help you get started on your trading journey:
Choose InvestingFox: Begin by visiting InvestingFox’ official website and selecting it as your preferred brokerage. Ensure that its offerings align with your trading goals and preferences.
Registration: Initiate the registration process by clicking on the “Sign Up” or “Open Account” button on the website’s homepage. You’ll be prompted to provide basic personal information, including your name, email address, and contact number.
Identity Verification: To comply with financial regulations and enhance security, InvestingFox may request identity verification. Typically, you’ll be asked to submit official identification documents such as a passport or driver’s license. Follow the provided instructions for verification.
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Fund Your Account: After successfully registering and completing the verification process, it’s time to fund your trading account. InvestingFox accepts various payment methods, including bank transfers, credit/debit cards, and e-wallets. Select your preferred method and make the initial deposit.
Trading Platform Selection: InvestingFox uses the very famous trading platform MT5, which is a favorite platform of many traders.
Start Trading: With your account funded and set up, you can now dive into the world of trading. Research various assets, analyze market trends, and execute trades based on your trading strategy.
Registering with a brokerage opens the door to a diverse range of financial instruments, helping you diversify your investment portfolio. It provides market research, analysis, and educational resources to support informed trading decisions.
Trading platform of InvestingFox Broker
InvestingFox utilizes the widely acclaimed MetaTrader 5 (MT5) platform, favored by numerous traders for its versatility and user-friendly design. MT5 provides access to a broad spectrum of asset classes, including stocks, indices, commodities, and forex, enabling traders to build well-diversified portfolios and explore various trading strategies.
The platform features an intuitive interface that simplifies navigation, offering real-time market data, advanced charting tools, and over 80 built-in technical indicators. These resources empower traders to make informed decisions and execute trades with confidence.
Security is a top priority in online trading, and MT5 addresses this by implementing robust encryption protocols to safeguard users’ personal and financial information, ensuring a secure trading environment.
For added convenience, MetaTrader 5 is available for download directly from the InvestingFox website, facilitating a seamless setup process for traders.
Website and content – first impressions
When a trader visits a broker’s site for the first time, several critical factors influence their initial impression and their decision to engage further with the platform. These factors play a pivotal role in shaping the trader’s overall experience:
- User-friendly interface ✅
- Asset Availability ✅
- Regualtory Compliance ✅
- Educational Materials ✅
- Trading Platforms ✅
- Customer Support ✅
- Security Measures ✅
- Mobile Accessibility ✅
Above we have listed the factors that a trader should pay attention to when visiting a broker’s website. It is safe to say that InvestingFox performs all of the above.
InvestingFox’s Web and its interface is well structured and full of useful information. One of the best examples of useful information is the Blog section. Here you will find many interesting articles and you have the option to subscribe to the newsletter.
The website is available in 6 languages: Czech, Slovak, English, Hungarian, Italian and Polish. The color palette is mainly black, white and orange. The logo of the website is a smiling fox. The legal information is also well written and you can easily navigate the site. The site is not cluttered with unnecessary information, but exactly what the customer or user needs.
Technical and Customer support
By clicking on “Contact Us” on the InvestingFox website, you will be redirected to a contact page: phone number, email address or web form for a quick message where you can enter your problem and send it directly to customer support.
You can also contact InvestingFox via social media accounts, specifically Facebook, LinkedIn and of course Instagram. Their accounts are starting to take off, since the activity is stronger than a year ago.
Demo account is offered as well, plus you can use web trader online. From a user’s point of view, the site is trustworthy. The management of InvestingFox has really done a great job and you can see the site is very oriented on the convenience of users.
“Good to know” facts about InvestingFox
- InvestingFox offers more than 1000 trading instruments. InvestingFox provides the following types of instructions to clients: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Take Profit, Stop Loss, Trailing Stop.
- The minimum initial deposit is 250 USD by bank transfer.
- InvestingFox is constantly updated with the latest technology to provide efficient trading platforms and tools. Clients appreciate the user-friendly interfaces and access to real-time data.
- InvestingFox offers free phone lines for receiving orders to buy/sell securities from abroad.
- InvestingFox offers Rollovers- InvestingFox automatically rolls over clients’ open positions in commodities, indices and bonds to the next liquid contract before the current contract expires.
- The validity of the demo account is limited to 30 days.
- InvestingFox is regulated by the National Bank of Slovakia.
- InvestingFox provides services worldwide.
- Margin Call: the platform alerts clients at 100% margin that automatic liquidation of their positions is imminent. Clients will only receive automatic notifications if they are logged into the platform.
- InvestingFox guarantees that the maximum loss on clients’ accounts will never exceed the clients’ available funds in specific accounts.
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Concluding with Pros and Cons
InvestingFox is a major Slovak trader with promising prospects, good trading portfolio, an EU license and excells in customer support. All of those factors make a good impression. The MT5 trading platform is beyond competition. The well-structured website and useful information are also a bonus to the main impression. The broker is making good strides in developing social media accounts.
Among many advantages we would like to underline the following ones:
- Versatile portfolio
- Excellent customer support
- Demo account
- Useful information in Blog section
- EU-license
- MetaTrader5 trading platform
- Well-structured web
- InvestingFox website is available in 6 languages
Some points of the broker InvestingFox to work on:
- demo account is only available for 30 days
- notifications are possible only in case the trader is logged in
In our review we tried to be as objective as possible and provided real information about the broker. InvestingFox deserves your attention and to at least creeate a demo account for a month. And then you will most likely be convinced that InvestingFox is exactly your online broker.
Our rating
Read about this broker in other languages:
CZ: InvestingFox: New Broker Review and Introduction