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2Invest Broker Review

Since 2019, 2Invest, a Seychelles-based online FX and CFD broker, has been in business. Their parent organization, Aronex Corporation Ltd., has registered them with the Financial Services Authority. To escape tighter regulations from other agencies, many brokers register here. 

The broker OInvest is also run by their parent firm. The broker targets and advertises largely to clients in Latin and South American nations.

Regional Authority Issues Warning Against 2Invest

The Financial Market Commission of Chile issued a warning against this broker on December 2nd, 2020. According to the CMF announcement, 2Invest is not permitted to offer securities intermediation services in Chile. 

They made it quite clear that the broker is in no manner registered with the authority. Above all, given how heavily the broker caters to South American clients, this warning is concerning for traders using 2Invest or OInvest.

2Invest for Trading

There are numerous investment products available from 2Invest. At least a dozen cryptocurrencies are available as CFDs. 17 commodities from numerous important industries are also covered by their CFDs. There are about 100 stock and index CFDs on the market. 

Their forex selection is also above average, with a total of 47 pairs. In our 2Invest study, we discovered that their spreads were very appealing and far less expensive than those of comparable brokers.

2Invest Trading Accounts and Platform

This broker offers three different account types: Silver, Gold, and Platinum. Better spreads and greater leverage are available with higher accounts. 

Even the Silver account begins with leverage of 1:200, which is far more than the ESMA maximum of 1:30. Leverage on platinum accounts can reach 1:500, which is extremely high for novice traders. The minimum deposit needed to open a Silver account is $250; greater deposits are needed to open additional accounts.

The broker provides users with access to MetaTrader 4, which has all of the features that users are familiar with and adore. 

A desktop program and a web application are both used to access the platform. Both the iOS and Android app stores have it available. Beyond MetaTrader 4’s default capabilities, the broker doesn’t use any extra features. A free demo account with the broker is available for users to test it out.

A warning from a regulator in one of the markets that the broker is targeting is a bad sign for this broker. Traders would be better off going with a time-tested and trustworthy option.

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