Score
POLO INVEST
Mexico|5-10 years| https://www.poloinvest.com/
Website
Rating Index
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Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+52 （55）8526 1719
+52 (55) 8526 1719
Other ways of contact
Broker Information
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POLO INVEST
POLO INVEST
Mexico
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1 : 100 |
| Minimum Deposit | $100 000 |
| Minimum Spread | From 1.6 items |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lots |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1: 100 |
| Minimum Deposit | $50 000 |
| Minimum Spread | From 1.6 items |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lots |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | $10 000 |
| Minimum Spread | From 1.6 items |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lots |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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POLO INVEST · Company Summary
General Information & Regulation
PoloInvest Limited claims to be based in Hong Kong, but there has already been a warning from Hong Kong regulator Securities and Futures Commission (SFC) that it is actually not located at the given address. Considering that SFC is one of the reputable regulators, the warning should be taken seriously.
Markets Instruments
PoloInvest offers trading in forex pairs and CFDs on shares, metals, commodities and indices.
Minimum Deposit
PoloInvest offers three trading accounts: Silver, Gold and Platinum. The minimum initial deposit for opening an basic account, or the Silver account is absurdly high, reaching up to $10,000, while most legit brokers only ask traders to deposit around $100 or even less to activate their trading accounts. In this way, Poloinvest is definitely a scam broker that traders should stay away from.
Leverage
Poloinvest offers the leverage up to 1:100, which is not that generous compared to many other brokers. since leverage can amplify gains as well as losses, traders should take care when use it.
Spreads & Commissions
When it comes to spreads and commissions, the spread on the EUR/USD pair is from 1.6 pips, which is in line with the industry standard.
Trading Platform Available
Like the vast majority of forex brokers, PoloInvest offers the ever popular MetaTrader 4 (MT4) platform, despite the plans of its developer MetaQuotes Software to slowly phase it out. MT4 is the most used trading platform and is popular both among brokers and traders. It is stable and reliable, has many functions, offers API connectivity, supports PAMM and MAMM functionality and has a wide selection of technical analysis and charting tools. It is also user-friendly and supports Expert Advisors and automated trading.
Deposit& Withdrawal
PoloInvest provide numerous payment options, in addition to the standard bank transfer and card payments. The broker accepts payments through Western Union, PayPal, Neteller, Skrill, FasaPay, UnionPay, YandexMoney, Qiwi, OKPay, PerfectMoney, WebMoney and several others.
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