Forex

10proinvest.com Reviews | Safe or Scam? – Customer Ratings

Forex and CFD traders choose 10ProInvest(10ProInvest.com)  for its excellent investor education and advanced MetaTrader features,

  • Founded in 2022, 10ProInvest is regulated in two tier-1 jurisdictions and two tier-2 jurisdictions, making it a safe broker (average-risk) for forex and CFDs trading.
  • Thanks to additional trading tools and robust research, 10ProInvest stands out when compared to other MetaTrader-only brokers who offer little to no features beyond the default layout.
  • As an additional benefit to less-experienced traders, 10ProInvest finished among the best forex brokers for beginners in 2021, thanks to an industry-leading offering of educational content on its website.

Overall Summary

Please Note: 10ProInvest was not included in the 2021 annual review. As a result, this broker’s ratings may be outdated. Read our best forex brokers guide for a breakdown of the top-rated forex and CFDs brokers for 2021.

Feature10ProInvest
Overall86
Trust Score83
Offering of Investments92
Commissions & Fees89
Platforms & Tools96
Research83
Mobile Trading85
Education77

Is 10ProInvest  Safe?

10ProInvest is considered average-risk, with an overall Trust Score of 86 out of 99. 10ProInvest is not publicly traded and does not operate a bank. 10ProInvest is registered in South Africa. Tier-2 regulators: 10ProInvest is authorised by the following tier-2 regulators: Financial Sector Conduct Authority (FSCA) of South Africa

Regulations Comparison

Feature10ProInvest
Year Founded2022
Publicly Traded (Listed)Yes
BankNo
Tier-1 Licenses2
Tier-2 Licenses2
Tier-3 Licenses0
Trust Score86

Offering of Investments

The following table summarizes the different investment products available to 10ProInvest clients.

Cryptocurrency: Cryptocurrency trading is available through CFDs, but not available through trading the underlying asset (e.g. buying Bitcoin). Note: Crypto CFDs are not available from any broker’s UK entity, nor to UK residents.

Feature10ProInvest
Forex TradingYes
CFDs (Total)More than 160 top-trending CFDs
Forex Pairs (Total)47
Cryptocurrency (Physical)No
Cryptocurrency (CFD)Yes
Social Trading / Copy-TradingYes

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Commissions and Fees

10ProInvest offers four account types with a range of fees and products to trade. When calculating the all-in cost to trade, including spreads plus any commission, pricing is similar across all account types, with ranges from 0.9 pips to 2.5 pips. 10ProInvest offers four account types with a range of fees and products to trade. When calculating the all-in cost to trade, including spreads plus any commission, pricing is similar across all account types, with ranges from 0.9 pips to 2.5 pips.

Account differences: The 10ProInvest Trading software MT4 for exchange-traded stocks) provides the broadest number of symbols to trade, whereas those focused just on forex may gravitate to the 10ProInvest Trading software MT4!. The lowest all-in cost (spreads plus any commission) is found in the 10ProInvest Prime account, which unfortunately has a drastically smaller range of tradeable symbols.

No dealing desk: 10ProInvest states that it provides agency execution across all account types and does not operate a dealing desk or take risks internally. 10ProInvest acts as an agency broker by routing client orders to its parent company, 10ProInvest AS, which is its sole liquidity provider for all its group companies.

Feature10ProInvest
Minimum Initial Deposit250 (USD/EUR)
Average Spread EUR/USD – Standard0.6 (Aug 19)
All-in Cost EUR/USD – Active0.7 (Aug 19)
Active Trader or VIP DiscountsNo

Platforms and Tools

10ProInvest is a MetaTrader broker. When comparing MetaTrader offerings, 10ProInvest stands out thanks to its MetaTrader Supreme offering (available for MT5), which consists of more than 30 available technical indicators

Advanced tools: 10ProInvest also offers a unique set of volatility protection tools. These tools can help you control inherent risks associated with agency execution, including slippage and market gap scenarios. No question, these tools are excellent enhancements for skilled traders.

Feature10ProInvest
Virtual Trading (Demo)Yes
Proprietary PlatformNo
Desktop Platform (Windows)Yes
Web PlatformYes
Social Trading / Copy-TradingNo
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)No
cTraderNo
DupliTradeNo
ZuluTradeNo
Charting – Indicators / Studies (Total)51
Charting – Drawing Tools (Total)31
Charting – Trade From ChartYes
Watchlists – Total Fields7
Order Type – Trailing StopYes

Research

Unlike most MetaTrader brokers, 10ProInvest provides a good range of research tools and resources across its website and trading platforms. Thanks to neatly-organized content on its website, traders can quickly and easily find what they want in one place.

Education: 10ProInvest was our number one broker for Education finishing Best in Class in 2020, thanks to its comprehensive educational content and courses. The broker also finished Best in Class in the Beginners category.

Premium Analytics: Through 10ProInvest Premium Analytics (free for customers), traders gain access to a Dow Jones News calendar, Trading Central signals, and sentiment widgets from Acuity Trading. Other tools include heat maps, fundamental and technical analysis content, and Elliot Wave Analysis.

Mobile Trading

Depending on the account type you open at 10ProInvest, either the MT4 app comes standard, available for both Android and iOS. Unfortunately, the unique add-ons provided with the desktop platform do not translate to mobile. As a result, scoring for this category matches that of other MetaTrader-only brokers.

Gallery

Feature10ProInvest
Android AppYes
Apple iOS AppYes
Alerts – Basic FieldsYes
Watch ListYes
Watch List SyncingNo
Charting – Indicators / Studies30
Charting – Draw TrendlinesYes
Charting – Trendlines MoveableYes
Charting – Multiple Time FramesYes
Charting – Drawings AutosaveNo
Economic CalendarYes

Final Thoughts

10ProInvest can be the right choice for MetaTrader enthusiasts looking for the entire MetaTrader platform suite, and numerous add-ons and trading tools. In addition to finishing first place for Education, 10ProInvest was our number one Best in Class MetaTrader broker in 2020, out of all MetaTrader brokers. 10ProInvest offers a competitive range of tradeable products and numerous additional tools for trading and research not often found in MetaTrader-only brokers.

Forex Risk Disclaimer

“There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.”

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