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InvestusPro-1126156434620

InvestusPro-1126156434620 WikiBit 2024-06-25 16:30

InvestusPro is a trading platform offering a limited range of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC),and traditional asset. Based on the lack of regulatory oversight, users face heightened risks due to inadequate investor protections. High withdrawal fees ranging from $25 to $50 and a punitive 10% monthly dormant fee after six months of account inactivity add to the financial burden. The platform's absence of a dedicated mobile app restricts accessibility, while the unclear founding time and location contribute to its dubious reputation.

AspectInformation
Company NameInvestusPro
Registered Country/AreaUnited Kingdom
Founded Year1-2 years ago
RegulationUnregulated
Cryptocurrencies AvailableBitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC)
Trading FeesHigh withdrawal fees ($25 to $50); 10% monthly dormant fee after 6 months
Payment MethodN/A
Customer SupportPhone: +442030068298, Email: Support@investuspro.com

Overview of InvestusPro

InvestusPro is a trading platform offering a limited range of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC),and traditional asset.

Based on the lack of regulatory oversight, users face heightened risks due to inadequate investor protections.

High withdrawal fees ranging from $25 to $50 and a punitive 10% monthly dormant fee after six months of account inactivity add to the financial burden.

The platform's absence of a dedicated mobile app restricts accessibility, while the unclear founding time and location contribute to its dubious reputation.

Pros and Cons

ProsCons
Offers high leverage up to 1:400Unregulated
High withdrawal fees ($25 to $50)
No dedicated mobile platform
Imposes a 10% monthly dormant fee after 6 months
No dedicated mobile app provided
No security methods or protocols implied

Pros:

  • Offers high leverage up to 1:400: InvestusPro allows traders to leverage their investments significantly, potentially amplifying profits (and losses) in trading activities. High leverage can attract traders seeking increased exposure in financial markets.

Cons:

  • Unregulated: Operating without regulatory oversight in major financial jurisdictions like the UK or Canada, InvestusPro lacks mandated standards for investor protection, transparency, and financial stability.
  • High withdrawal fees ($25 to $50): Users face substantial fees when withdrawing funds, impacting the overall cost of transactions and potentially reducing profitability.
  • No dedicated mobile platform: The absence of a dedicated mobile platform limits flexibility for users who prefer to trade on the go, potentially inconveniencing those reliant on mobile access.
  • Imposes a 10% monthly dormant fee after 6 months: Accounts inactive for six months or longer are subject to a monthly fee equivalent to 10% of the account balance, potentially eroding dormant funds over time.
  • No security methods or protocols implied: InvestusPro does not implement visible security measures to safeguard user accounts and data, exposing users to potential risks such as hacking and unauthorized access.

Regulatory Authority

InvestusPro operates without regulatory oversight.

This absence of oversight affects investor protection, as there are no mandated standards for transparency, risk management, or fair practices. Investors face increased risks of fraud, mismanagement of funds, and lack of recourse in case of disputes.

Security

InvestusPro does not implement any discernible security methods or protocols to safeguard user accounts and data.

The absence of robust security measures leaves users vulnerable to potential cyber threats, including hacking, data breaches, and unauthorized access.

Cryptocurrencies Available

InvestusPro lists a narrow array of cryptocurrencies for trading, including popular choices like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). While these coins are well-known and widely traded, the platform lacks the depth seen in more competitive cryptocurrency exchanges.

Fees

InvestusPro's trading fees present a complex landscape for investors, marked by notable discrepancies and opaque structures.

InvestusPro imposes a range of fees that impact users financially. Withdrawal fees, which can range from $25 to $50, along with a processing fee of $50 and a 10% monthly dormant fee after six months of inactivity, highlight the platform's profit-centric approach.

Payment Method

InvestusPro offers a variety of payment methods for deposits. While the platform advertises quick deposit processes, it imposes significant fees on withdrawals that deter potential users. Withdrawal fees range from $25 to $50, with an additional processing fee of $50 and a 10% levy on certain account types. These fees contribute to a less favorable experience for clients seeking to access their funds.

The minimum withdrawal amount at InvestusPro is set at $250, which poses challenges for users looking to withdraw smaller amounts. Moreover, dormant account fees further add to the financial burden on clients, highlighting the profit-driven approach of InvestusPro at the expense of customer convenience and satisfaction.

The Scam Detector algorithm assigns a low trust rank of 1.9 to Investuspro.co, indicating risks about the platform's safety and reliability.

Bonuses

InvestusPro promotes bonuses with stringent conditions that raise risks among users.

Requiring traders to execute 25 times the initial deposit plus bonus in trades before withdrawals can be made is exceptionally challenging, particularly in Forex and CFD markets known for volatility.

Such terms underscore the risks associated with dealing with unlicensed brokers, who use bonuses to inhibit clients from withdrawing funds easily.

This practice not only complicates financial activities but also exposes traders to potential financial loss and frustration, highlighting the caution needed when considering engagement with InvestusPro.

InvestusPro APP

InvestusPros assertion of offering a superior mobile app for convenient trading on the move is contradicted by the fact that users are redirected to the web trader instead of accessing the purported app.

The lack of a dedicated mobile app calls into question the platform‘s dedication to fulfilling its advertised functionalities. This misleading information about the mobile app further highlights InvestusPro’s deceptive practices and undermines trust in its service reliability.

Is InvestusPro a Good Exchange for You?

InvestusPro is best suited for experienced traders seeking high leverage opportunities in volatile markets. With leverage up to 1:400 and a variety of cryptocurrencies, it serves traders comfortable with risk and seeking potential high returns, despite the lack of regulatory oversight posing significant risks.

InvestusPro appeals to speculative traders who are experienced in leveraging high-risk financial instruments like cryptocurrencies and CFDs. These traders often seek platforms with high leverage options, such as InvestusPro's offering up to 1:400, which can amplify potential returns. However, this high leverage also increases the risk of significant losses, so it suits individuals who are comfortable with volatile markets and can manage their risk effectively.

Customer Support

InvestusPro provides customer support via phone at +442030068298 and email at Support@investuspro.com.

However, accessing their website for additional assistance or information proves challenging, as it appears to be currently inaccessible.

FAQ

What cryptocurrencies can be traded on InvestusPro?

InvestusPro offers popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) for trading.

What are the withdrawal fees on InvestusPro?

Withdrawal fees range from $25 to $50 per transaction, depending on the method chosen by the user.

Does InvestusPro impose any dormant account fees?

Yes, InvestusPro charges a 10% monthly fee on dormant accounts that have been inactive for six months or longer.

Is InvestusPro regulated by any financial authority?

No, InvestusPro operates without regulatory oversight.

How can users contact customer support at InvestusPro?

Users can reach InvestusPro's customer support via phone at +442030068298 or email at Support@investuspro.com.

Does InvestusPro provide a dedicated mobile trading platform?

No, InvestusPro does not offer a dedicated mobile app for trading, limiting accessibility for users who prefer mobile trading options.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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