Almost 7 years now. Pros -best part is you can invest as little as on weekly plans - pool of funds options -performance tracking/reports Cons -currency hedging not clear(especially buying/red... See more
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Opening an account was a breeze. I was impressed with the online forms and online identity verification, which is much more streamlined than having to get multiple documents certified and/or provide... See more
I signed up recently for an account for my wife and I, and another for my children. InvestNow has an easy sign up process, fast and helpful responses from staff helping me with my queries, and the abi... See more
Overall Quite straightforward. After submitting info for sign up the rest of the process is painless Some improvement on deposits could be made to make the process cleaner and feel safer e.g. make... See more
Company details
Information provided by various external sources
InvestNow offers you, the investor who knows what you want to do, the ability to directly invest in managed funds without the need for a middleman. InvestNow is a no-advice direct investment service, plus we don’t charge you any administration or ...
Contact info
Woodward Street 1, 6011, Wellington, New Zealand
- 0800 499 466
- contact@investnow.co.nz
- investnow.co.nz
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Good easy investing with no buy fees
Getting set up was a simple and easy…
Getting set up was a simple and easy process. Don't understand why some people complain about it being difficult. If you have the required info it's straight forward. Like the safe and secure access. Getting the passcode sent by SMS is quick. I transferred my ETF's from Sharesies because no fees at InvestNow which is a real bonus. It's early days and I'm still getting used to the layout and functionality of the site which seems a little bit clunky by comparison. The instant communication and updates on transactions isn't as good and it doesn't have the trendy user interface...but it does what it says and you get what you pay for.
Set up and initial investment process…
Set up and initial investment process straightforward and clear. Finding it a little bit of a learning curve to find out the information I need to see how the investment is doing but I'll get there. Would be nice to see current value on the home page alongside the initial investment, or a link to it where the graph link is.
too clunky
too clunky, like why is there separate logins for investment and kiwisaver? Also the 2-factor authentication is properly annoying. Can't set up direct debits for the kiwisaver and investment contributions. Also this who delayed pending when transferring cash in and then needing to allocate funds. It's all way harder than everywhere else I have used
Good service for the zero fees charged
Good service for the zero fees charged. Time frames between depositing money and purchase being cleared is only downside, but overall happy given the fee structure
Very solid investment site
Everything worked as described, fees are low, and service is consistently up.
However the UI isn't amazing and payment processing is slow (2-3 days, though this may not be their fault as they use bank transfers)
Interface is a bit clunky and…
Interface is a bit clunky and confusing, but seems to work
I find site access clunky and the time…
I find site access clunky and the time it takes to move money and complete orders painfully slow.
Off-market transfers which I am in the process of doing to move my EFTs from Sharesies are woefully analog (signing forms for each EFT) and slow also. I certainly hope that the lack of fees (outside of management costs) was worth the move.
Time will tell.
Best NZ Fund Investing Platform!
Easy and simple to use yet feels professional, love the no fees! Best platform for investing in funds/index’s!
Provides a great service but it's not…
Provides a great service but it's not clear how much exactly your investment was worth at the time of investment, since potentially not all the money goes through. This means it's hard to track exactly which funds have gone up/down when you don't know the original amount
Good
Honestly InvestNow is absolutely fine. There’s no fees however that’s at the cost of only being able to invest in funds.
The reason I’ve done 3 stars is because the processing time of orders, deposits and withdrawals is slow in comparison to other brokers. If you’re not in a rush then InvestNow is great and I’d recommend highly.
InvestNow platform was easy to work…
InvestNow platform was easy to work with from a first time investor point of view. I understand the security involved with the signing in process but it would be good if there was an app to make things a little easier.
Thanks.
Good easy & fast setup
Excellent Investment portal but an app…
Excellent Investment portal but an app would make it easier to invest, withdraw & track.
Easy for a beginner
No complaints. Made it easy for me to understand, as a beginner, what I was investing in and the likely decisions I should consider.
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