InvestingState

Note: InvestingState is to operate via the website - https://investingstate.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

InvestingState, a trading name of Wooko Global LTD, is allegedly a financial services company registered in the Marshall Islands that claims to provide its clients with leverage up to 1:400 on the MT4 and Webtrader trading platforms via 3 different live account types.

As for regulation, it has been verified that InvestingState currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.33/10. Please be aware of the risk.

Account Types

InvestingState claims to offer 3 types of trading accounts, namely Silver, Gold and Platinum. However, the broker says nothing about the minimum initial deposit requirement to open an account.

Leverage

The leverage provided by InvestingState is capped at 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform Available

The platform available for trading at InvestingState is one of the most notable and preferred trading platforms the market offers - MetaTrader4 and Webtrader. The MT4 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

InvestingState appears to support credit cards only. The minimum initial deposit requirement is disclosed, while the minimum withdrawal amount is $50 via credit card and there are no withdrawal fees. It may take up to 3 business days to process a withdrawal request.

Bonuses

Similarly to other non-licensed brokers, InvestingState also offers bonuses which are subject to the condition that the bonus can only be withdrawn when a trading volume of the bonus amount divided by 4 is executed. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.

Customer Support

InvestingStates customer support can be reached by telephone: +414494747021, email: support@investingstate.com. Company address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands.

Pros & Cons

Frequently Asked Questions (FAQs)