Investago is a registered brand name of Wonderinterest Trading Ltd with registration number HE 332830. Wonderinterest Trading Ltd is a Cypriot Investment Company (CIF) under the supervision and regulation of the Cyprus Securities and Exchange Commission (CySec) with license number 307/16, registered office 176, Makariou III Avenue, Paschalis Avenue House, Agia Zoni, Limassol, Cyprus.

• Reception and transmission of orders in relation to one or more financial instruments

• Execution of orders on behalf of clients

• Provision of investment advice

• Safekeeping and administration of financial instruments, including custodianship and related services   

• Foreign exchange services where these are connected to the provision of investment services   

• Ιnvestment research and financial analysis or other forms

• Transferable securities.

• Money-market instruments.

• Units in collective investment undertakings.

• Options, futures, swaps, forward rate agreements and any other derivative contracts relating to securities, currencies, interest rates or other derivative instruments, financial indices or financial measures which may be settled physically or in cash.

• Options, futures, swaps, forward rate agreements and any other derivative contracts relating to commodities that must be settled in cash or may be settled in cash at option of one of the parties (otherwise than by reason of default or other termination event).

• Options, futures, swaps, forward rate agreements and any other derivative contracts relating to commodities that must be physically settled provided that they are traded on a regulated market or/and an MTF.

• Options, futures, swaps, forward rate agreements and any other derivative contracts relating to commodities that must be physically settled not otherwise mentioned in point 6 of Part III and not being for commercial purposes, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are cleared and settled through recognised clearing houses or subject to regular margin calls.

• Derivative instruments for the transfer of credit risk financial contracts for differences.

• Options, futures, swaps, forward rate agreements and any other derivative contracts relating to climatic variables, freight rates, emission allowances or inflation rates or other official economic statistics that must be settled in cash or may be settled in cash at the option of one of the parties (otherwise than by reason of default or other termination event), as well as any other derivative contract relating to assets, rights, obligations, indices and measures not otherwise mentioned in this Part, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are traded on a regulated market or an MTF, are cleared and settled through recognised cleaning houses or are subject to regular margin calls.      

• The company has entered into the Tied Agent agreement with Wonderinterest Trading s.r.o.

Types of orders: Investago provides clients with the following types of orders: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, Take Profit, Stop Loss, Trailing Stop.

Trading hours: Trading hours for forex, commodities, indices, and stocks can be found here.

Instruments: The full list of available trading instruments next to the underlying asset and the exchange where they are actively traded can be found here.

Rollovers: Please note that in case of a rollover this will be automatically charged to your account by increasing or decreasing the swap.

Demo account is limited to 30 days, then you have the option to switch to real account.

Types of accounts: Investago provides its clients with the following:

• Floating (typical) spreads; market conditions may cause spreads to widen or narrow beyond typical spreads

• Wide range of instruments (forex, precious metals and CFD)

• Trading standard lots

• Spreads from 3 pips for EUR/USD

• Minimum entry deposit $ 250 as a bank transfer

• Lever up to 1: 100

*Margin requirement for opening new positions will be calculated based on the new reduced leverage.

** As per CySEC’s Announcement published of 28th March 2018 in relation to the Press Release for the product intervention measures on CFDs, issued by the European Securities and Markets Authority (“ESMA”), the leverage limits on the opening of a position by a retail client should be 1:30. If you are an experienced client and able to bare and understand the risks involved in the trading on higher margin, you may request a higher level of leverage and your request will be reviewed.

Note: Please note that the default leverage offered during the account opening process is set to max. 1:30. The client can request trading with a higher leverage effect and based on his knowledge and experience, this request will be assessed.

Swaps: They are charged at the end of each business day. They are triple on Wednesday. You can find swap points for xStation here.

Margin Call: Clients are notified by the platform at 100% margin level that they are getting close to the automatic liquidation of their positions. Clients will only receive automatic notification if they are logged in to the platform. Therefore, clients are advised to log in to the platform regularly and monitor the value of their assets and relevant notifications. Clients are also notified that when their margin falls below 50%, the platform will automatically close their positions.

Protection against negative balance: The company guarantees that the maximum loss on client accounts will never exceed the available funds of clients in specific accounts. Thus clients' balances are never negative, so you never lose more than what you've already entered, even in the event of strong fluctuations. The wise risk management is performed by a professional staff of experts to ensure that you are not exposed to unnecessary risks.

Dividend Settlement: Shares and cash Indices reflect corporate events, so you will be entitled to a dividend payment if you have an open long position in the relevant shares and if a short position is opened you will be written off a value equal to the dividend. If the dividend settlement relates to shares that you trade and whose positions were opened at the latest at the end of the day preceding the first day without the right to a dividend (so-called Ex-dividend day), the company will apply the dividend settlement. In the case of CFD transactions relating to individual shares, the settlement of dividends will be used as follows:

• Clients holding long equity positions (CFDs) will be credited with dividends based on ex-dividend settlement.

• Clients holding short positions in individual shares (CFDs) will be deducted dividends based on ex-dividend settlement.

Please note that dividends may be subject to tax. The company may terminate or change the settlement of dividends, in particular on the basis of changes in the law, changes in the regulatory system, the tax rate or withholding tax requirements to the relevant tax administrator.

Maintenance fee: This is a fee of up to EUR 100 (or the equivalent in the chosen currency) or a lower balance on your account, which will be charged if the trading account is inactive or inactive for a period of 1 month, as defined in the Terms and Conditions.

The maintenance fee will be charged to accounts that meet the above conditions every month, beginning with the first month of inactivity (PDF).

FTT: All transactions on Italian CFDs and ITA40 are subject to financial transaction tax (FTT). The tax is charged as a fixed fee related to the nominal value of the transaction, as set out below:

Up to 2 500 EUR: 0.25 EUR

2 500 – 5 000 EUR: 0.5 EUR

5 000 – 10 000 EUR: 1 EUR

10 000 – 50 000 EUR: 5 EUR

50 000 – 100 000 EUR: 10 EUR

100 000 – 500 000 EUR: 50 EUR

500 000 – 1 000 000: 100 EUR

More than 1 000 000 EUR: 200 EUR

Before activating a client account, we need you to provide us with documents to verify your identity and residence.

POI – Client's identity verification

A copy of one of the following identification documents:

• Passport – double page with photo (MRZ/Machine readable zone – lines clearly visible)

• ID card – both sides (MRZ/Machine readable zone – lines clearly visible)

• Driver’s license – both sides

The copy must include:

• Name and surname

• Date of birth

• Expiration date must be valid

* The address on the POI does not have to be the same as the address given during registration

POR – Verification of the client's residence

The purpose of verification of residence is to obtain an address where the client usually resides, this address may not match the address of permanent residence. Therefore, for example, an invoice for the supply of services (electricity, gas, water) is needed, because it is assumed that the client resides there where he or she pays for such services.

We require a copy of one of the following documents:

• Bill or invoice for utilities: electricity, gas, water, garbage

• Internet invoice

• Landline invoice

• Statement (bank or credit card)

• Lease agreement or lease account

• State certificate of residence

• Mortgage loan

• Official letter (police, embassy, municipal office, tax document, ballot paper, document from the state social insurance company)

The copy must include:

• Name and surname

• Date

These documents will not be accepted:

• Insurance (Aegon, Trust, car insurance, etc.)

• Invoice for mobile services

• Handwritten documents

You can find attached the Risk Disclosure Report for the year 2018 here.   

You can find attached the Risk Disclosure Report for the year 2019 here.

You can find attached the Risk Disclosure Report for the year 2020 here.

You can find attached the Risk Disclosure Report for the year 2021 here.

You can find attached the Risk Disclosure Report for the year 2022 here.

Execution Quality Summary Statement 2018

Execution Quality Summary Statement 2019

Execution Quality Summary Statement 2020

Execution Quality Summary Statement 2021

Execution Quality Summary Statement and RTS 28 for 2022

If the client lives with their family and cannot send proof of residence on their behalf, we will ask the client to send the following documents from a family member (mother, father, wife, husband):

• POI - Client's identity verification

• POR - Verification of the client's residence

• In case of mother/father, we need a birth certificate of the client

• In case of wife/husband, we need a marriage certificate

Kindly note that the company does not accept third party payments.

Company account

If the client is interested in opening an account for their own trading, company or other type of business entity, it is necessary to provide documents that prove the following facts (one document can prove more than one fact at a time):

• Company registration number

• Registered company name and business name (if different from the registered name)

• Registered office and place of business, if different from the registered offices

• Members of the board of directors, managers or other individuals who are authorized to act on behalf of the company

• The company's decision to appoint a representative who is authorized to access the account

• The company’s decision to open an account

• List of ultimate owners of the company, with the exception of publicly traded companies that are located on a European regulated market or a third market with equivalent disclosure and transparency requirements

• List of registered owners who act as representatives of the company's owners (nominee)

Originals or certified copies of all documents proving the required facts must be delivered.

• Certificate of incorporation

• Memorandum of association

• Statuses

• Social contract

• Company decision form on the appointment of a representative who is authorized to access the account (Appendix No. 1)

• Company decision opening form (Appendix No. 2)

• In case the registered owner acts as a representative (nominee) of the ultimate owners, it is necessary to provide us with:

• Copy of trust agreement (trust agreement)

• POI, POR and Power of Attorney of the following persons: A representative who is authorized to access the account: final owner, owners' representative

Note: Under the applicable regulatory framework (General Data Protection Regulation (EU) 2016/679 and Directive 2014/65/EU – MiFID II), the company shall keep records containing client’s personal data, trading information, account opening documents, communications and anything else which relates to the client for at least 5 (five) years, after the termination of the business relationship with the client and where requested by the competent authority (the CySEC), unless otherwise provided for by national law, for additional period of up to 7 (seven) years.

CREDIT CARDS

In order to comply with AML guidelines and regulations, you are required to send us a cleared coloured copy of the front and back side of the credit/debit card, which you use to deposit into your trading account, so we can verify the origin of funds.

The information, which needs to be visible on the scanned copy is:

• The card holder's name;

• Expiration date of the card;

• Signature on the back side of the card;

• First 4 and the last 4 digits of your card number (for your safety of funds we highly recommend, that you cover the middle 8 digits of the credit/debit card number, as well as the CVV2 code on the back side of your card).

Clients with high activity on their trading account (account) will be asked to send DOD (Declaration of Deposits).

Kindly note that a scanned copy of the front and back side of your credit/debit card will not be required if you proceed with a wire transfer deposit. In such case, you are required to provide us with a copy of the transfer receipt/SWIFT.