InvestAZ Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MT4
- InvestOR
- 2020
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MT4
- InvestOR
- 2020
Our Evaluation of InvestAZ
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
InvestAZ is a broker with higher-than-average risk and the TU Overall Score of 3.39 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by InvestAZ clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
InvestAZ, a registered and regulated broker in Azerbaijan, offers a wide range of diverse assets that can be traded with reasonably high leverage and no limitations, such as news trading and advisors. Traders have the option to work with the desktop version of their chosen platform or through a mobile app. The entry barrier is low, and costs are minimal. Unfortunately, the broker provides limited passive income opportunities, and only offers investment management services.
Brief Look at InvestAZ
InvestAZ brokerage offers access to various markets including currency pairs, stocks, indices, metals, commodities, and cryptocurrencies. It provides a demo account along with four user accounts, starting with a minimum deposit of $100. Spreads start from 0.6 pips, with no trading fees or withdrawal fees. Traders can use either the MetaTrader 4 platform or InvestOR's proprietary solution. The maximum leverage is 1:100, offering no restrictions on trading methods or strategies, and enabling 24/7 trading. Withdrawals and deposits can be made via bank cards, bank accounts, and online transfers. Traders can request an investment card from the company, allowing online and offline payments. InvestAZ provides a comprehensive educational system, primarily catering to beginners. The website also offers quality dynamic analytics. The company regularly hosts contests with cash prizes.
- Free demo account and a user account starting with a minimum deposit of $100;
- Traders can use a customizable MT4 platform or the InvestOR platform;
- The broker offers hundreds of assets across six groups, allowing scalping and hedging;
- Moderate leverage of 1:100 increases profit potential without significantly increasing risk;
- Multiple deposit and withdrawal options, including a company-issued plastic card;
- Competitive trading fees and transparent operations minimize the trader's costs ;
- Multiple channels for technical support are available 24/7.
- Limited passive income options aside from the investment portfolio management service;
- Spreads vary significantly based on the account type, and are relatively high on the Mini and Universal accounts;
- The educational materials cater to various levels but lack content for experienced market participants.
TU Expert Advice
Financial expert and analyst at Traders Union
InvestAZ broker was registered in 2016. It's one of the leading players in the Azerbaijani market, offering cooperation to residents of all countries without restrictions. The platform operates under local regulations, ensuring 100% transparency in its activities. A retrospective analysis revealed no confirmed instances of the broker failing to fulfill its obligations to clients.
InvestAZ provides a free demo account, which is hardly surprising. Several user accounts differ in minimum deposit and trading costs, while other parameters remain the same. You can start with $100. Spreads on all accounts are regular or floating, starting from 0.6 pips. There are no trading fees, which significantly reduces trader costs. Overall, the platform's fee policy appears competitive, surpassing most other representatives in this regard.
Traders can work with various asset types: currency pairs, stocks, indices, metals, commodities, and cryptocurrencies. The maximum leverage is 1:100. Trading on the news, using advisors, and algorithmic trading are available. An important advantage is that the broker allows trading through the MetaTrader 4 platform, which many experts consider the best solution in the market. At the same time, InvestAZ has developed and supports its own software – InvestOR. Both desktop and mobile versions of this platform have received high ratings from users.
Deposits and withdrawals are available through standard channels, and no fee is charged for withdrawals. The broker’s clients can order an InvestAZ plastic card which can be used for both online and offline purchases like a regular bank card. There are no subscription fees or maintenance prices, and naturally, the card is linked to the trader's account.
Typically, the platform's drawbacks include the absence of typical alternative earning methods such as MAM or PAMM joint accounts, copy trading services, and referral (partner) programs. Indeed, InvestAZ does not offer anything like this because the broker focuses on functions for active earnings. As a relative downside, the spreads on several accounts offered by the broker are quite high. Also, it's important to note that the extensive education provided is not designed for experienced traders.
InvestAZ Summary
| 💻 Trading platform: | MT4, InvestOR |
|---|---|
| 📊 Accounts: | Demo, Mini, Universal, Pro, VIP |
| 💰 Account currency: | USD, EUR, AZN |
| 💵 Replenishment / Withdrawal: | Bank transfers, bank cards, online transfers |
| 🚀 Minimum deposit: | $100 |
| ⚖️ Leverage: | Up to 1:100 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 0.6 pips |
| 🔧 Instruments: | Currency pairs, stocks, indices, metals, commodities, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100%/20% |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: |
Free demo account, Four user accounts, Low entry threshold, Portfolio management service available, Diverse range of assets, No restrictions on trading strategies, Quality education for beginners, Ample analytical tools, Proprietary trading platform included |
| 🎁 Contests and bonuses: | Yes |
Usually, when a broker offers several types of trading accounts, the conditions differ, including the minimum deposit. InvestAZ clients can open a real account from four types: Mini requires a deposit of at least $100, Universal requires $5,000 or more, the minimum threshold for Pro is $10,000, and for the VIP account, it's $50,000. Apart from the minimum deposit, the accounts differ in trading costs. The leverage for all accounts is the same and depends on the chosen asset, with a maximum of 1:100, notably for currency pairs. Trading without leverage is also possible. Technical support operates daily, including weekends, but it's available only during specific hours. Contact methods include phone, email, tickets, and live chat on the website.
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Trading Account Opening
To initiate collaboration with the brokerage company InvestAZ, it's necessary to register on its official website and acquire a user account. The trader also needs to undergo verification and confirm personal information, after which they can open a full-fledged account. TU experts have prepared a brief guide to address any registration queries and familiarize users with the primary functions of the user account.
Navigate to the broker's website. From the top menu, select your preferred interface language. Click on "Start Investing."
Enter your first and last name, email address, and phone number. Click “Accept.”
Your application has been accepted. Please wait for the technical support specialists to contact you. Continue to follow their instructions.
Once you've accessed your user account, you'll need to complete verification. The broker will request scans or photos of documents to confirm your identity.
Within your user account, you can open either a demo or a user account using the provided options. Simply follow the on-screen instructions. Remember, you must deposit an amount equal to or greater than the required minimum for the chosen user account, otherwise, trading functions won't be accessible. Depositing funds can also be managed through your user account.
Download the MetaTrader 4 trading platform distribution from the solution's website. Install the platform on your device, enter your registration details, and start trading.
In the InvestAZ user account, traders can:
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Open and close accounts;
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Deposit funds and request withdrawals using the available channels;
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Access details regarding active accounts, generate various reports and summaries;
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Update personal profile details and account security settings;
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Access current analytics and engage in online communication with technical support.
Regulation and safety
When discussing a brokerage company, there's always a chance of encountering a scam or a simple Forex bucket shop. To avoid this, it's crucial to first verify the company's registration, which indicates that it's indeed a legitimate financial organization operating lawfully. Regulation is also vital; it ensures that the broker operates under the supervision of an authorized agency, ensuring transparency in business processes and providing traders with protection. InvestAZ is registered with the Ministry of Economy of Azerbaijan under number 087986, with a license issued in 2016 that is currently valid.
Advantages
- The broker has been in the market for a long time
- Officially registered in Azerbaijan
- Regulated by the state authorities of the country
Disadvantages
- Traders outside Azerbaijan may not receive protection from regional financial control authorities
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Mini | From $16 | No |
| Universal | From $11 | No |
| Pro | From $9 | No |
| VIP | From $9 | No |
InvestAZ does not charge any fees for fund withdrawals, regardless of the withdrawal channel used by the trader, such as bank card, bank account, or online transfers. However, it's important to consider that fees may be applied by a third party involved in the transaction such as a bank. The broker has no association with these fees.
The table below provides information on the average trading fees for InvestAZ and two other leading platforms in the field. A simple comparison will help traders understand the advantages of collaborating with the platform.
| Broker | Average commission | Level |
|---|---|---|
|
$11.25 | |
|
$1 | |
|
$8.5 |
Account types
InvestAZ offers several user account types: Mini, Universal, Pro, and VIP. They differ in minimum deposits, spreads, and minimum trade volumes. Most beginners opt for Mini, as it requires a low deposit and offers optimal trading conditions. Universal and Pro require a minimum of $5,000 and $10,000, respectively, catering more to larger investors. VIP, with a starting deposit of $50,000, is optimal for high-level professionals. However, traders with sufficient capital and ambition can open a professional-level account even with minimal experience. Yet, assessing risks correctly is crucial in such cases. They might consider using the service for forming and managing an investment portfolio. The leverage across all accounts is the same, with a maximum of 1:100. Traders can also operate without leverage, depending on their trading strategy.
Account types:
For traders new to InvestAZ, it's recommended to start with a demo account. It's free, requiring only personal and contact information. Trading on a demo account involves virtual currency but replicates real trading conditions. Traders can explore the platform and experiment with strategies without financial risks. Once satisfied, they can choose one of the user accounts to begin full-fledged trading.
Deposit and Withdrawal
If a trader operates on a demo account, they cannot earn real profit since they trade with virtual currency. On a real account, the broker's client executes full-fledged trades; hence, with successful trading, he has the opportunity to earn. Initiating profit withdrawals can be done at any time through the corresponding option in the user account;
Channels available for withdrawals include bank cards, bank transfers, and online transfer systems. Additionally, a trader can request a broker-linked plastic card that is tied to their account for online and offline payments;
The broker does not charge a fee for fund withdrawals. However, the presence of fees from a third party involved in the transaction, such as a bank or transfer system, cannot be excluded.
Investment Options
Traders use brokerage platforms for active trading in financial markets. Some might be interested in alternative earning options like copy trading, MAM and PAMM accounts, and referral programs. InvestAZ doesn't offer these but has a service for passive income through professional investment management.
Investment portfolio management
This is a paid service with customized costs. Traders choose the deposit, period, and risk. A manager creates a diverse portfolio discussed with the investor. Then, they set a preferred strategy. The manager controls the portfolio entirely, offering 100% passive income. Investors can discuss adjustments or strategies if needed. The broker's site has a calculator for potential income based on the amount, period, and risk.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Customer support
Can funds be deposited into the trading account from an American bank card? Are there any restrictions for residents of European countries? What is the actual spread for the EUR/USD pair? Traders may have many questions, sometimes stemming from oversight, but often due to insufficient transparency from the broker. Users can also encounter atypical situations and real issues when trading currencies, stocks, and other assets. InvestAZ clients can seek assistance from the technical support service, available via phone, email, tickets, and live chat. The support team operates every day, including weekends, but only within the time frame from 9:00 to 18:00 in the Baku time zone.
Advantages
- Multiple communication channels
- High user ratings
- Managers available on weekdays and weekends
Disadvantages
- Support operates only during specific daytime hours
Are you already a client of InvestAZ? Are you planning to register and open an account? In a situation causing doubts, don't hesitate to contact the technical support service. Here are the current contact methods:
Hotline;
General inquiries;
Platform-related queries;
Ticket;
Live chat on the website and in the user account.
The broker has pages on various social platforms like Facebook, X, YouTube, and Instagram. These platforms are also channels to contact the technical support team. By following the broker's profile, you won't miss its latest news and analytics.
Contacts
| Foundation date | 2020 |
|---|---|
| Registration address | InvestAZ Plaza, 28F Fazail Bayramov Caddesi, Hatai bölgesi |
| Official site | https://www.investaz.az/ |
| Contacts |
+994 12 488 0 588
|
Education
Brokers often encounter users who have never traded before, but everyone has to start somewhere. Recognizing this, some companies offer free educational materials to newcomers. Sometimes, it's simply a FAQs section, but occasionally, it involves comprehensive educational programs. InvestAZ is among the few brokers providing a complete learning package comprising glossaries with explanations, structured articles, video lectures, and ebooks. These materials are primarily designed for beginners and traders with limited experience. Everything available on the website is offered for free, even to unregistered users.
Most brokerage firms offering any form of education tend to focus on clients without experience. They rarely provide courses for professionals. In a sense, this is logical because once a trader has grasped the basics and gained initial experience, they should practice extensively to refine their skills.
Comparison of InvestAZ with other Brokers
| InvestAZ | RoboForex | Pocket Option | Exness | FreshForex | AMarkets | |
| Trading platform |
InvestOR, MT4 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading | MT4, MT5, AMarkets App |
| Min deposit | $100 | $10 | $5 | $10 | No | $100 |
| Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0.6 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
100% / 20% | 60% / 40% | 30% / 50% | No / 60% | 40% / 20% | 50% / 20% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | $30 | No |
| Cent accounts | No | Yes | No | No | Yes | No |
Detailed review of InvestAZ
InvestAZ, with its extensive market experience, boasts a reliable technical setup. It actively uses ECN tech, virtual servers, and microservices architecture. This comprehensive approach has led to quick order execution at 30 milliseconds and a flawless operation. The broker prioritizes user fund and data security, employing SSL protocols. It's responsive to client queries and keeps expanding its asset range.
InvestAZ by the numbers:
$100 minimum deposit;
6 trading instrument groups;
0.6 pips minimum spread (on VIP accounts);
1:100 maximum leverage;
24/7 platform operational hours.
InvestAZ is a broker for novices
InvestAZ suits both experienced traders and newcomers. It offers a free demo account and a low entry point of $100 for a Mini account. The platform has a diverse range of financial instruments, making it useful for various trading strategies and diversified portfolios. The MT4 platform is user-friendly and customizable, while InvestOR is appreciated for its simple interface. Beginners benefit from educational resources like lectures, articles, and a blog containing news and analytics.
Useful functions of InvestAZ:
Technical analysis. Updated feed on current trends;
Fundamental analysis. Latest news and forecasts on quote changes;
Forex webmaster. Tools like calculators, converters, and quotes.
Advantages:
Free demo account and four user accounts with a $100 minimum deposit;
Hundreds of assets across 6 groups, up to 1:100 leverage, and no trading restrictions;
Choice between MetaTrader 4 and InvestOR;
No trading costs besides spreads, which are competitive, and no withdrawal fees;
Technical support is available every day, including weekends, though not 24/7.
User Satisfaction