This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
InvestNow Review
InvestNow is a New Zealand fund platform, not a forex broker. It gives retail investors access to managed funds, KiwiSaver, and term deposits.
Min Deposit
NZD $250
Spreads From
No transaction fees
Max Leverage
Not applicable, InvestNow does not offer leveraged or margin trading
Platforms
2
Pros
- Registered on New Zealand's Financial Service Providers Register, number FSP534448
- No account or platform fees, only standard fund manager charges apply
- Wide choice of over 150 managed funds from more than 30 investment managers
- Low entry point, from 50 dollars a month or 250 dollars as a lump sum
Cons
- Not a forex or CFD broker, so no currency trading or leverage is available
- Only open to people with a New Zealand IRD number and bank account
- Does not give personal investment advice if you are unsure what to buy
- Some funds add their own transaction fee on top of manager charges
InvestNow is an online investment platform based in New Zealand, not a forex or CFD broker. It lets everyday investors buy managed funds, KiwiSaver schemes, and term deposits from more than 30 fund managers and 5 banks, all through one account.
The company operates as InvestNow Saving and Investment Service Limited, registered on New Zealand's Financial Service Providers Register under number FSP534448. There are no account or platform fees, though individual funds carry their own manager charges, and some products add a transaction fee on top.
Anyone with a New Zealand IRD number and bank account can join, starting from 50 dollars in a regular plan or 250 dollars as a lump sum. InvestNow does not give personal investment advice and does not offer forex, CFD, or leveraged trading, so readers looking for that should use a different platform.
Min. Deposit
USD 50
Max Leverage
Not applicable, InvestNow does not offer leveraged or margin trading
Spreads From
Not applicable, InvestNow charges no spreads, only underlying fund fees
Platforms
Regulators
Platforms
- FMA (New Zealand)
