Bawag Invest Review (bawag-invest.com) Forex Reviews

Bawag Invest Review: A Comprehensive Look at the Forex Broker

Bawag Invest, located at bawag-invest.com, is a well-established online forex broker that has been in operation for over two decades. With its headquarters in Vienna, Austria, the company offers a range of financial services, including forex trading, CFDs, and precious metals trading. In this review, we will delve into the features, benefits, and drawbacks of using Bawag Invest as a forex broker.

Account Types and Leverage
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Bawag Invest offers a variety of account types to suit different trading needs and preferences. These include the Basic, Premium, and VIP accounts, each with its own set of features and benefits. The Basic account requires a minimum deposit of €500 and offers a leverage of up to 1:100, while the Premium account requires a minimum deposit of €5,000 and offers a leverage of up to 1:200. The VIP account, which requires a minimum deposit of €50,000, offers a leverage of up to 1:500 and additional benefits such as personalized support and priority customer service.

Spreads and Commission
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Bawag Invest offers competitive spreads and commissions on its various trading accounts. The spreads range from 1.2 to 2.5 pips for major currency pairs, while the commission per lot ranges from €5 to €15, depending on the account type and trading volume. The broker also offers a volume-based discount system, which rewards high-volume traders with lower commissions.

Trading Platforms
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Bawag Invest offers a range of trading platforms, including the popular MetaTrader 4 and MetaTrader 5, as well as its own proprietary platform. The MetaTrader platforms are user-friendly and offer a range of features, including automated trading, technical indicators, and chart analysis tools. The proprietary platform, on the other hand, offers advanced features such as market analysis, news, and economic calendar.

Markets and Instruments
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Bawag Invest offers trading in a wide range of financial instruments, including over 50 currency pairs, 15 indices, and 10 precious metals. The broker also offers trading in cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The trading conditions, including spreads and commissions, vary depending on the instrument and account type.

Customer Support
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Bawag Invest offers 24/5 customer support, which can be reached through phone, email, and