InvestNow Reviews 

333
•
TrustScore 5 out of 5

4.8

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Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 5 out of 5 stars

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

Rated 4 out of 5 stars

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

  1. Investment Service
  2. also in
  3. Financial Consultant

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 ...


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4.8

Excellent

TrustScore 5 out of 5

333 reviews

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4.8

All reviews

(333)

1 review in the last 12 months

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Rated 4 out of 5 stars

Prompt communication

Customer service was very good when I forgot a few steps in the process, an InvestNow staff member prompted me straight away via email. Maybe a few more pop up instructions for first timers might have helped me navigate the initial investment- otherwise a straight forward process.

October 25, 2020
Rated 5 out of 5 stars

Helpful team

Helpful team who have explained exactly what I needed to do in order to set up my child’s investment plan. Appreciated the following up as well. Highly recommend.

October 23, 2020
Rated 5 out of 5 stars

Opening an account was a breeze

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 hard copies. It only took a couple of days, compared to two weeks for one fund manager.
Once set up, the investment process is easy. There is a good range of funds to chose from and the investor portal has useful information to monitor the performance of your funds.

October 21, 2020
Rated 4 out of 5 stars

Easy setup

I've not yet begun investing funds, but the setup process was straight forward and well explained!

October 16, 2020
Rated 5 out of 5 stars

An outstanding trading platform!

If you are looking for an ETF trading platform, InvestNow has it all.
- plenty of choice
- zero brokerage fees
- zero platform costs
- fast, friendly, accurate responses to questions
I feel like InvestNow is the perfect place to start my investment portfolio.

October 16, 2020
Rated 2 out of 5 stars

The interface is very simple and yet…

The interface is very simple and yet very confusing. I'm surprised to feel so in the dark given how much research I did into InvestNow before investing through the platform.

I'm not sure what many of the terms mean on the home page and would love some clarification on how to understand what each column mean.
eg. Qty, Price, Value, FX, NZD, Actions

There appeared to be a mysterious $100 fee taken out of my initial investment (which turned out to be related to the FX changing, I was later told). There was zero transparency around this.
It's unclear which figures change every day and which do not.
The only thing that makes sense is the 'orders' page.
On the 'actions' graph, it would be so helpful to see plotted on the graph when my orders were made (like how Sharesies does).

It's not fun feeling in the dark about some things when it's all your life savings. But I guess if this was easy everyone would do it. Hopefully I'll figure it out over time.

October 16, 2020
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Reply from InvestNow

Hi Dean, thanks for taking the time to provide your feedback. We certainly appreciate that some of the terminology used can be confusing. If you give us a call or send us an email we would be happy to go through all of the columns in depth and explain what it all means.

It sounds like you were investing in an Australian fund, meaning that your investment is converted to Australian dollars and that the units are priced in AUD. On your home page we show the FX rate as well as the price and we show the values in both AUD and NZD for transparency. These figures are updated daily.

Rated 1 out of 5 stars

Setting up an account is an absolute…

Setting up an account is an absolute nightmare, in fact I’m still not fully set up because the online identification verification won’t validate me even tho multiple other websites have when using the same info. Now when I try I’m told to attach documents but there is no where in the registration for me to attach documents so I gave up after the third attempt. Maybe I’ll try again in the future.

October 16, 2020
InvestNow logo

Reply from InvestNow

Hi there,

Thank you for your feedback and I apologise for the difficulty in setting up the account.

If you could either give us a call on 0800 499 466 or send us an email to contact@investnow.co.nz we can sort this out for you.

Thanks
Tom

Rated 3 out of 5 stars

First time investor

It was easy to setup and to transfer the money however I was three days not knowing whether the money had gone through and would’ve appreciated a email at the time of transfer
also every time I want to look at the balance there’s a security I would prefer this to be an app that I could just go into

October 16, 2020
Rated 5 out of 5 stars

A very simple process

A very simple process with clear forms to complete. The subsequent investment process is also simple and easy to follow.

October 16, 2020

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