About LocoInvest
Company Overview
LocoInvest is a brokerage firm registered in the United Kingdom, operating from its registered address at Elscot House, Arcadia Avenue, London N3 2JU. The company was founded on 30 November 2020. According to available records, LocoInvest is not regulated by any financial authority, which places it in a high-risk category for traders.
The broker presents itself as a multi-asset platform, offering trading in forex, cryptocurrencies such as bitcoin, precious metals, and major stocks. Leverage is advertised at levels as high as 1:1001 depending on the account type, which is extremely high by industry standards.
Account Types and Minimum Deposits
LocoInvest offers three distinct account tiers: BIG, Standard, and MICRO. The BIG account requires a substantial minimum deposit of 20,000 units of the base currency, while the Standard account requires 5,000. The MICRO account is more accessible with a minimum deposit of 250.
Leverage is uniformly high across all accounts. The BIG and Standard accounts offer leverage up to 1:1001, while the MICRO account offers slightly lower maximum leverage of 1:1000. Such leverage levels are uncommon among regulated brokers and present significant risk of rapid losses.
Regulatory Status and Risk
Our research confirms that LocoInvest does not hold any licence from a recognised financial regulator, such as the UK's Financial Conduct Authority (FCA) or other major bodies. This lack of oversight means there is no external protection for client funds, nor any requirement for the broker to adhere to standard conduct rules.
The absence of regulatory status is a critical red flag for traders. Without regulatory supervision, the broker's operational practices, segregation of client funds, and dispute resolution mechanisms are not independently verified. Combined with the high leverage on offer, this makes LocoInvest a particularly risky choice.
Trading Instruments and Platform
LocoInvest claims to provide access to a range of asset classes, including forex pairs, cryptocurrencies, precious metals (such as gold and silver), and major stocks. The specific trading platform offered is not detailed in available public information. Typically, brokers of this nature may offer MetaTrader 4 or 5, but this has not been confirmed.
The maximum leverage for these instruments is stated as 1:200 in the company description, which contradicts the higher leverage figures mentioned for individual account types. This inconsistency may indicate a lack of clarity in the broker's offering.
Deposits, Withdrawals, and Fees
No specific information is available regarding funding methods, withdrawal processes, or fee structures for LocoInvest. The broker does not appear to disclose these details publicly, which is a significant omission. Traders would need to engage with the broker directly to learn about deposit options, processing times, and any charges.
Transparent fee disclosure is a basic expectation for any legitimate broker. The lack of such information makes it difficult for potential clients to assess the true cost of trading with LocoInvest.
Suited For
Given the unregulated status and extremely high leverage, LocoInvest is not suitable for most retail traders. It may appeal only to experienced, high-risk-tolerant traders who fully understand the dangers of trading with an unregulated entity. Even then, the lack of fund segregation and regulatory protection makes it a highly speculative choice.
The broker is explicitly not suited for beginners, conservative investors, or anyone who prioritises the safety of their capital over potential high returns. Any trader considering LocoInvest should conduct extensive due diligence and be prepared for the possibility of total loss.
Overview compiled by FXCanary from regulatory records and public data. full LocoInvest review