IW UK Review

IW (InvestedWealth) offers two types of managed fx services – automated trading and manual management service. They partner up with the regulated broker FX Primus. This IW UK review presents details about their services and fee structure.

IW UK Overview

InvestedWealth is based in Birmingham, the UK. The company hadn’t provided any details about when they were established, neither who is behind the company.

We researched through their domain name and found out the IW UK official website has existed since 2019, so we suggest that the company was founded this year. We understand that some companies prefer to withhold too many details about their bios and promote their product and services.

However, it is hard for us to believe that potential clients will jump ahead in business without even knowing who’re they dealing with.

IW UK Managed Forex Account Review

According to their informational brochure, IW UK offers two types of services, accessible through their partner broker.

The first one is an automated trading system that gives clients access to the forex market via a trade copier system. The minimum investment for this service is 1,000 GBP.

The second offer is the IW UK manual managed account service, where a team of experts are handling the clients accounts applying strict risk management policy. The minimum investment level here is 10,000 GBP.

There aren’t many details about the trading strategies used in managing the accounts rather than the risk level on both services, which is medium-high for the trade copier system and medium for the managed account service.

Additionally, both on their website and informative brochure, IW UK explain what they believe are the strong points of using their partner’s services. They point out they work with CySEC regulated broker with more than a decade of industry presence and that clients can rely on transparency as they have 24/7 access to the FX Primus trading platform.

However, we noticed these are the strong points of their partner, and nothing mentioned why potential clients should select IW UK to manage their accounts.

IW UK Managed Forex Account How It Works Review

We learn about how the IW UK service work from their brochure. They present the process in five steps.

1. Request a sign-up link.

2. Register for an account.

3. Complete account registration including AML.

4. Fund your forex account.

5. Subscribe to our management system.

The process is straightforward, and there shouldn’t be any issues with signing up.

Now, let’s have a look at the IW UK fee structure. Usually, managed forex account companies charge a performance fee that spans from 20-25% to 30-35%.

Additionally, some may apply a small sign up or monthly management fee, usually around 0.5% to 2%. IW UK, however, is working on the 50/50 principle. “Profits are calculated monthly and then split on a 50/50 basis between the client and IWUK”.

And although this is strictly profit-based, we still believe it is way too high compare to the majority of the offers on the market.

IW UK Performance Results Review

No links or print screen are illustrating the trading history of IW UK. We have researched myfxbook and fx blue platforms, where we have found several live accounts of IW UK Partner broker FX Primus.

According to the data, FX Primus’ accounts have very contrasting results. One of the accounts it is mentioned a profit of over 7000%. However, the data on this account is not verified.

On the other side, one of the verified accounts has -99.82% in just four months. Whether any of these accounts are connected with IW UK is not clear. Our purpose is to present you with some actual numbers to help make an informed decision.

Conclusion

Based on our research and thorough read of the IW UK website and brochure, we find it hard to recommend using their services as there are many unclear points about their experience, expert level and trading history.

Pros

► Partnering with a regulated broker

Cons

► Lack of enough information about the company and their services