Broker Review Fly Invest
The broker Fly Invest claims to be registered in the United Kingdom. The company’s main office is located at 68 Cornhill, London, EC3V 3QX, UNITED KINGDOM. However, FlyInvest does not have registration documents confirming its origin from the UK, which raises doubts about its legality. Also, there is no license to provide financial services.
The official website of the company flyyatirim.com is only available in English.
Internal company documentation:
- Terms and Conditions,
- Privacy Policy,
- Cookie Policy.
It is recommended for all potential clients of Fly Invest to study the internal documents and real reviews about the broker’s work.
The main way to contact technical support is via email, social networks, and a feedback form.
Trading Conditions of Broker Fly Invest
One of the main advantages of Fly Invest is access to a huge number of trading assets – over 8000. The range includes CFDs on major, minor, and exotic currency pairs, stock indices, shares of large companies, agricultural and energy products, precious metals, and much more.
Trading platforms: the web terminal is available at my.flyyatirim.com, and there is also a mobile application for IOS and Android. Clients are promised analytical tools, charts, an economic calendar, as well as high speed and security indicators.
Types of accounts:
- Standart. Deposit from 100 USD. Maximum leverage 1:200. Spreads 5-10 pips. No commissions.
- Gold. Deposit from 2500 USD. Maximum leverage 1:400. Spreads 3-5 pips. No commissions.
- Ultra Low Spread. Deposit from 50 USD. Maximum leverage 1:400. Spreads 0-3 pips. No commissions.
- Stock Exchange. Deposit from 2500 USD. Maximum leverage 1:10. Spreads from 5 pips. No commissions.
- Micro. Deposit from 100 USD. Maximum leverage 1:200. Spreads 5-10 pips. No commissions.
- Copy Trade. Deposit from 5000 USD. Maximum leverage 1:200. Spreads 3-5 pips. Trade commission 2 dollars.
- ECN. Deposit from 5000 USD. Maximum leverage 1:200. Spreads 3-5 pips. Trade commission 5 dollars.
Attributes of all accounts: base currency – US dollar, it is also possible to open Standart and Gold accounts in euros and Turkish lira, and Stock Exchange accounts only in Turkish lira. Hedging is possible. It is possible to open a demo account for free.
Deposit and Withdrawal of Funds with FlyInvest
For depositing/withdrawing funds, you can use bank cards and transfers, as well as USDT cryptocurrency wallets. There is no commission for depositing. When withdrawing in a currency other than the account currency, a commission of 1% of the withdrawal amount is charged, but not less than 1 euro. Also, there is an account inactivity fee – 10 euros per month. There is no information about the timing of fund crediting and limits.
Conclusion
The broker Fly Invest provides access to a wide range of trading assets, supports mobile trading. The main advantages include a variety of account types, low minimum deposit, and the availability of a demo account. The main drawback is the lack of a license. It is recommended to read reviews about the company FlyInvest before deciding to cooperate.