investgurus.co FAQ

What is InvestGurus.co?

InvestGurus.co presents itself as an online trading platform that offers access to various financial markets, including Forex, Indices, Cryptocurrencies, Stocks, and Commodities.

Read more about investgurus.co:
InvestGurus.co Review & First Look
Unpacking InvestGurus.co: A Deep Dive into its Operations
Ethical Concerns and Legitimacy of InvestGurus.co
How InvestGurus.co’s Offerings Conflict with Islamic Principles
Avoiding InvestGurus.co: Safer and Ethical Investment Paths
Understanding InvestGurus.co Pricing and Account Structures
The Pitfalls of InvestGurus.co’s Model: Does InvestGurus.co Work?
Managing Your Relationship with InvestGurus.co: Cancellation & Withdrawal
InvestGurus.co vs. Competitors: A Comparative Analysis

It aims to simplify trading with tools, educational resources, and a tiered account structure.

Is InvestGurus.co regulated?

Based on the homepage, there is no clear indication or prominent display of any regulatory licenses or affiliations.

This lack of transparency regarding regulation is a significant red flag for any financial services provider.

What financial products does InvestGurus.co offer?

InvestGurus.co offers trading in over 500 products, including Forex (currency pairs), Indices (stock market baskets), Cryptocurrencies, global Stocks (likely through CFDs), and Commodities (raw materials).

What kind of leverage does InvestGurus.co offer?

InvestGurus.co offers very high leverage, ranging from up to 1:200 for Standard accounts to up to 1:500 for VIP accounts.

This level of leverage is considered extremely high and significantly amplifies both potential gains and losses.

Are there any bonuses or promotions on InvestGurus.co?

Yes, InvestGurus.co offers substantial bonuses based on account tier, ranging from “up to 30%” for Standard accounts to “up to 100%” for VIP accounts.

These bonuses are typically tied to specific trading volume requirements.

What are the different account types on InvestGurus.co?

InvestGurus.co offers four account types: Standard, Silver, Gold, and VIP.

Each tier provides different benefits regarding minimum spreads, maximum leverage, bonus percentages, and access to analytical support.

What are the minimum spreads on InvestGurus.co?

The minimum spreads vary by account type: Standard and Silver accounts start from 1.5 pips, Gold accounts from 0.8 pips, and VIP accounts from 0 pips (which usually implies commissions are charged).

Does InvestGurus.co provide a demo account?

Yes, InvestGurus.co states that all its account tiers (Standard, Silver, Gold, VIP) come with a “FREE Demo Account,” allowing users to practice trading with virtual funds.

Does InvestGurus.co offer educational resources?

Yes, InvestGurus.co claims to provide “extensive educational resources and tools” to help users acquire the knowledge needed for successful trading in global financial markets.

What are the security claims of InvestGurus.co?

InvestGurus.co states that security is their “top priority” and mentions using “Dedicated hardware” for “Institutional-grade trading security.” However, specific details or regulatory backing for these claims are not provided on the homepage.

What are the ethical concerns with InvestGurus.co from an Islamic perspective?

InvestGurus.co’s model is problematic due to high leverage (often involving riba/interest through swap fees), speculative trading (gharar/excessive uncertainty), and incentive-driven bonuses (potentially encouraging maysir/gambling). It also often involves trading derivatives without tangible asset ownership.

What is a cryptocurrency rebate program on InvestGurus.co?

InvestGurus.co offers an “Appealing cryptocurrency rebate program” where traders might get back a portion of their trading fees or spreads when trading cryptocurrencies.

This program typically incentivizes higher trading volumes.

Can I really “get paid to trade” with InvestGurus.co?

The “get paid to trade” claim likely refers to their cryptocurrency rebate program.

While rebates exist, they are designed to encourage high trading volume, which can lead to increased exposure to market risk and potential losses, often outweighing the rebate itself.

How do I close my InvestGurus.co account?

Typically, you would need to contact their customer support, ensure all funds are withdrawn (after meeting any bonus conditions), and close any open positions.

Always request written confirmation of account closure.

How do I withdraw funds from InvestGurus.co?

The homepage does not detail the withdrawal process.

Generally, you would initiate a withdrawal request through your account dashboard.

Be aware of potential withdrawal fees, minimum amounts, and the need for identity verification (KYC).

What should I do if I have issues with InvestGurus.co withdrawals?

If you face withdrawal issues with InvestGurus.co, document all communication, and if they are unresponsive or deny legitimate requests, consider filing complaints with consumer protection agencies or consulting legal advice, especially given the apparent lack of regulation.

Are there any alternatives to InvestGurus.co that are ethical in Islam?

Yes, ethical and Sharia-compliant alternatives include Amana Mutual Funds, Wahed Invest, carefully screened Sharia-compliant ETFs, direct physical gold and silver bullion, ethical crowdfunding for real businesses, and investments through Islamic microfinance institutions.

Why is high leverage risky in trading?

High leverage magnifies both potential gains and losses.

For example, 1:500 leverage means a small percentage adverse movement in the market can lead to a complete loss of your initial invested capital very quickly, making it a very high-risk strategy.

What is the role of a personal account manager in InvestGurus.co?

InvestGurus.co offers personal account managers (and senior market analysts for higher tiers) to provide guidance and support.

Their role is typically to assist with platform usage, market insights, and potentially developing trading plans.

What is an “individual business plan” offered by InvestGurus.co for VIP accounts?

For VIP accounts, InvestGurus.co offers the “Development of an individual business plan.” This typically involves a personalized strategy session with an analyst to outline trading goals, preferred assets, and risk parameters.

However, the plan’s effectiveness and ethical alignment depend heavily on its content and implementation.