Inveslo Forex Broker Review

inveslo.com
nika
Written by:
Av
armand
Calendar
Written on:
13 December 2023
Date
Last edit:
29 March 2024
Our rating:
3.34

3.34

Inveslo Forex Broker Review

inveslo.com
nika
Written by:
Calendar
Written on:
13 December 2023
Date
Last edit:
29 March 2024
Our rating
3.34

3.34

Trading is risky
See how Inveslo compares to it's closest alternatives.
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Main summary

Inveslo is a Forex and CFDs broker based in Kazakhstan. It is registered and licensed by the local authorities but is not regulated by any reputable international independent regulator. So, the firm seems mostly unregulated and has been around since 2020. Despite its experience, it lacks coverage as there are only a few reviews online, and traders claim the broker is not honest. It offers several account types, diverse assets, and MT4 as its main trading platform. Let’s check Inveslo together and define whether you can trust this broker. 

Pros & cons of Inveslo broker

  • Ability to deposit and withdraw with $0 fees
  • Fast and digital account opening/verification
  • Multiple support channels: email, hotline, and live chat, active 24/7
  • Lack of stocks for trading
  • MT4 is only available as WebTrader
  • Limited language support (only English and Arabic)
  • Some account types have high minimum deposit requirements
  • No mobile trading app is supported
  • Unregulated, authenticity of segregated accounts is uncertain
  • Local regulation in Kazakhstan raises concerns about credibility
  • Expensive spreads from 2.1 pips, high minimum deposit from 100 USD

Inveslo Fact sheet

Main features
Regulations China, Cyprus, India, Ireland, Italy, New Zealand, Romania, Russia, Singapore, Slovakia, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, UAE
Fees on deposits 0 USD
Fees on withdrawal 0 USD
Inactivity fees 0 USD
Minimum deposit 100 USD
Minimum account activation 100 USD
Number of available assets 300
Leverage up to 1:-
Available trading markets Forex, Metals, Indices, Energies, Commodities, Cryptocurrencies
Account currencies USD, EUR
Demo account Yes
Live account types Standard STP Account, ECN-Commission Free Account, ECN Account, and Inveslo Premium Account
Islamic account Yes
Security
Negative balance protection Yes
Part of compensation fund Yes
Keeps funds on segregated bank account Yes
Assets
Forex From 2.1 pips
Shares
Cryptocurrencies From 0.01
Indices From 0.9
Commodities From 0.7
Total -
Fees & spread
Forex -
Shares -
Cryptocurrencies -
Indices -
Commodities -
Software
Platforms -
Mobile trading support Yes
Mac device support Yes
Commodities Yes
Payment systems
Payment methods -
Minimum deposit -
Minimum withdrawal -
Withdrawal processing time -
Time to open an account -
Show all

Safety & Security of Inveslo

The broker is licensed only locally in Kazakhstan, making it almost unregulated. So, the regulator has an even lower reputation than offshore Forex regulators, making brokers still risky for traders. We assign a small score to the broker for offering some kind of legitimacy. 

It offers negative balance protection for retail clients, similar to the majority of FX brokers.

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Account types available for traders on Inveslo

Inveslo has several account types, Standard STP, ECN-Commission free, ECN account, and Inveslo Premium Account. 

The Standard STP starts from 100 USD minimum deposit, has EUR and USD account base currencies, and spreads from 2.1 pips for major pairs, without commissions. Spreads are expensive for the standard account, as the industry average is just 1 pip. The margin call and stop-out levels are at 80% and 50%. 

All accounts offer the same number and type of assets and offer an Islamic account option.

ECN-Commission free account has a 250 USD minimum deposit requirement, the maximum leverage is capped at 1:2000, and spreads start from 1.9 pips for major pairs. There are no trading commissions charged, only spreads. The margin call and stop-out levels are 80% and 50%. 

The ECN account has a minimum deposit requirement of 500 USD, maximum leverage capped at 1:2000, spreads from 0.1 pips, and trading commissions of 3 USD per side per 100k traded (6 USD round turn). The minimum lot size like for all other accounts starts from 0.01 lots for the ECN accounts. An Islamic account option is also available. 

The final account type is called the Inveslo Premium account and has a minimum deposit requirement of 20,000 USD. Spreads are low from 0.1 pips with zero trading commissions for each trading lot traded. The maximum leverage is lower at 1:200. 

Pros & cons of Inveslo account types

ProsCons
Traders do not have to pay separate trading commissions, relying only on spreadsSpreads for standard accounts are expensive
Enables traders to use Demo and Islamic account typesThere is no account with fixed spreads
There is an account with low spreads and low commissions for scalpersMedium entry barrier with a minimum deposit of 100 USD, which is higher than the competitors

Fees & commissions review of Inveslo

Comparing Inveslo fees with other brokers

Inveslo fees compared to Interactive Brokers fees

Type of FeeInvesloInteractive Brokers
EUR/USD SpreadFrom 2.1 pipsFrom 0.6
Fees on Deposits0 USD1%
Inactivity fee0 USDNo*

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

Inveslo fees compared to CM Trading fees

Type of FeeInvesloCM Trading
EUR/USD SpreadFrom 2.1 pipsFrom 0.9 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 EUR/USD per month after 60 days of inactivity

Inveslo fees compared to plus500 fees

Type of FeeInvesloplus500
EUR/USD SpreadFrom 2.1 pipsFrom 0.8 pips
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 10 USD per month after 3 months of inactivity

Inveslo fees compared to XM fees

Type of FeeInvesloXM
EUR/USD SpreadFrom 2.1 pipsFrom 0.6
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 15 USD after 12 months, +5 USD/m

Inveslo fees compared to AvaTrade fees

Type of FeeInvesloAvaTrade
EUR/USD SpreadFrom 2.1 pipsFrom 0.9
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Inveslo fees compared to Capital.com fees

Type of FeeInvesloCapital.com
EUR/USD SpreadFrom 2.1 pipsFrom 0.9
Fees on Deposits0 USDNo
Inactivity fee0 USDYes, 50 USD after 3 months, 100 USD administration fee after a year

Trading platforms and mobile trading reviewed at Inveslo

Inveslo provides access to the advanced trading platform MetaTrader 4 (MT4), but only in the form of a web trader. The web trader variant of MT4 is limited as it is for browsers and has limited features when compared to the full platform. This is a serious downside for Inveslo. 

Education and research tools offered by Inveslo

Inveslo offers a multitude of educational resources including webinars, free trading courses, video guides and tutorials, e-books, trading strategies planning and guides, basic FX trading concepts guides, and many more. There are also live trading sessions, market analysis, market news updates, and numerous other guides with video tutorials explaining fundamental and technical analysis. 

The broker also offers market research tools including live updates, live stock market updates and expert analysis, technical analysis, daily market news, and market watch for currencies, and indices, From tools there is an economic calendar to monitor macroeconomic indicator news. 

Overall, the broker really excels in offering an abundance of educational resources both practical and theoretical, which is different from other specs of the broker. 

Customer support of Inveslo

The broker offers customer support using popular channels such as email support, hotline support, and live chat. The website and support are available in the English and Arabic languages. Unfortunately, there are no other languages supported, which is a downside. There is also a FAQs section and support is live 24/7. 

Conclusion

Inveslo is a Forex and CFDs broker offering trading services for the global audience but lacking in regulations and a safety department. The broker is licensed in Kazakhstan, which barely can be considered reliable. The broker offers diverse account types and support channels, but drawbacks include expensive spreads, high minimum deposits, and the absence of mobile trading options. The broker has negative comments online as some traders express distrust. 

The safety and security section of the broker is questionable as Inveslo relies on local regulations and the existence of segregated bank accounts is uncertain. The broker has ample educational resources, so traders are heavily advised to approach this broker cautiously. The risks associated with this broker seem real and spreads are expensive, making it less reasonable to choose it over other well-established and reliable brokers out there. 

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FAQs About Inveslo

Is Inveslo a regulated broker?

Inveslo is registered and licensed locally in Kazakhstan, but it lacks regulation from reputable international independent regulators. 

Is Inveslo a cheap broker?

No, Inveslo has high spreads on standard accounts, from 1.9 pips and 2.1 pips. There is an option for a low-spread ECN account, but it has trading commissions.