Whether you’re a seasoned trader or just starting out, our platform is designed to help you achieve your financial goals with ease and confidence. Enjoy commission-free investing, and explore a range of trading features with FlexInvest today. Our users come first. We actively seek their input when developing new features and continuously strive to meet their evolving needs.
Note: The details presented in this review are subject to potential modifications due to the ongoing updates to the company's offerings and policy adjustments. Additionally, the relevance of this review's information may be influenced by the original publication date, as service details and policies may have evolved since that time. Hence, it's crucial for readers to seek out the most current information directly from the company prior to making any decisions or initiating actions based on this review. The responsibility for utilizing the information provided herein lies entirely with the individual reader.
Should there be any discrepancies between visual and written materials in this review, the written information takes precedence. Nonetheless, for a more comprehensive understanding and updated details, accessing the company's official website is highly recommended.
What is FlexInvest?
FlexInvest, operating under the company name Investium Limited, is a brokerage firm based in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CYSEC).
Pros & Cons
Pros
Regulated by CYSEC: Being regulated by the Cyprus Securities and Exchange Commission (CYSEC) ensures that FlexInvest adheres to strict financial standards and practices, providing a certain level of security and trust.
Free Commission: FlexInvest offers commission-free trading, which can significantly reduce the cost of trading and is especially beneficial for active traders and those just starting out.
Mobile App Available: The availability of a mobile app allows clients to trade and manage their accounts from anywhere.
ConsIs FlexInvest Safe?
Regulation
FlexInvest is under the regulation licensed by the Cyprus Securities and Exchange Commission (CYSEC) with a license number of 421/22. The regulation covers business scopes including Stocks, Securities Lending Fully Paid, and Futures.
Funds Safety
FlexInvest does not provide extra insurance for its users. In this case, the risks users encounter in investing will not be covered.
Safety Measures
Segregated Accounts: FlexInvest implements a policy of segregating clients' funds from the company's own assets. In this way, clients' money and assets are kept in separate accounts, safeguarding them from being used for any of the company's financial activities.
Investor Compensation Fund (ICF) Membership: As a proactive step towards client protection, Investium Limited is a member of the Investor Compensation Fund (ICF). This membership provides an additional safety net for clients, offering compensation if FlexInvest cannot fulfill its financial obligations. Specifically, the ICF offers compensation of up to 20,000 EUR or 90% of the covered investor's claim, whichever is lower.
What Securities Can You Trade With FlexInvest?
FlexInvest offers a certain range of securities. These include:
Stocks: FlexInvest provides access to a wide array of stocks from major global exchanges.
Futures: Futures contracts are also available through FlexInvest, enabling traders to speculate on or hedge against the future value of various financial products or commodities.
ETPs (Exchange-Traded Products): FlexInvest offers a range of ETPs, which are types of securities that track underlying securities, indices, or other financial instruments.
ETFs (Exchange-Traded Funds): Specifically, ETFs are a type of ETP that FlexInvest offers, which track indexes, commodities, bonds, or a mix of investment types.
FlexInvest Platform Review
FlexInvest offers a mobile trading platform that clients can conveniently download from the Apple App Store if they are using iOS devices, or from Google Play for those with Android devices. This app includes free analyst ratings, which offer insights into the potential performance of stocks and other securities. Users also have access to real-time stock prices, which is crucial for making timely investment decisions.
Customer Support
FlexInvest provides a certain range of customer support channels. These include:
Live chat
Contact form
Social Media: Facebook (https://www.facebook.com/flexinvestapp)
LinkedIn (https://www.linkedin.com/company/flexinvest)
YouTube (https://www.youtube.com/channel/UC5iNYZfcSTHfBzDaZJpg-CQ)
TikTok (https://www.tiktok.com/@flexinvestapp)
X (https://twitter.com/flexinvestapp)
Instagram (https://www.instagram.com/flexinvestapp/)
FAQs: This allows clients to find immediate answers to common questions, which can help to solve the frequently met problems in trading.
Registered address: 6 Nikou Georgiou Street, Office 302, 1095 Nicosia, Cyprus.
Conclusion
As a regulated broker, FlexInvest offers commission-free trading and supports on-the-go trading through its mobile app. However, a notable drawback is the lack of detailed information on account options and margin trading, which could be a limitation for traders seeking more specific or advanced trading setups.
FAQs
Is FlexInvest regulated?
Yes, FlexInvest is regulated by the CYSEC.
Is my money safe with FlexInvest?
Relatively, yes. FlexInvest is regulated and applies several security measures such as segregated accounts and compensation funds.
Can I trade via my mobile phone?
Yes, you can trade through FlexInvest's app via your mobile phone.
Does FlexInvest allow margin trading?
Yes.
Are there any regional restrictions at FlexInvest?
Yes, residents of the United States and Canada are not allowed.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.