Invast Global review

On-line since: 2013
Country of origin: Australia
Regulation: ASIC
Payment options: bank transfer
Minimum account size: $25,000
Minimum lot size: 0.01 lot
Leverage: up to 1:100
Spreads: floating from 0.6 pip

About the company:

The Australian broker Invast Global offers trading in Forex, precious metals, indices and CFDs using several trading platforms.

Company. Security of funds

The broker is a subsidiary of Invast Securities Co. and part of Invast Financial Services Pty Ltd., established in 1960 in Japan. The group also has a subsidiary, regulated by the Japan Financial Services Agency (JSFA) in Japan.

In addition, Invast Securities Co Ltd. is listed on the JASDAQ Stock Exchange and is currently the largest broker of the Tokyo Financial Exchange (TFX) for the total amount of customer deposits.

Invast Global is regulated by ASIC. The Australian regulator requires that brokers have at least $1 million on their account in order to prove their financial stability.

In addition, regulated brokers must keep customer funds separate from the company's assets and regularly report transactions.

Trading conditions

Invast Global offers its customers only one type of account – STP/ECN.

Minimum initial deposit

Since this broker works mostly with institutional and professional traders, the minimum amount needed to open an account is high - $25,000.

Spreads and commissions

Invast Global offers variable rate spreads, an average of 0.2 pip for EUR/USD. Like most STP/ECN brokerage companies, Invast Global charges a commission of $4 for a standard lot. Thus, usual trading costs for the EUR/USD pair are about 0.6 pip.

Leverage

The maximum leverage with Invast Global is 1:100. This is not the highest value, since most brokers usually offer leverage up to 1:200 or 1:400. The level of leverage is declining around the world, as regulators try to limit traders from possible risks.

Trading platforms

Invast Global provides trading via the popular MetaTrader 4, as well as IRESS Trader, MaxxTrader and FX Inside.

IRESS Trader is a platform with Direct Market Access to global equity and futures markets. Platform users can also trade in CFDs.

Using IRESS, traders can view their orders, which provides a higher level of transparency. The fee for using IRESS Trader is $50 per month.

MaxxTrader is a complex platform from FlexTrade, which gives customers the opportunity to trade in currency, precious metals, indices and CFDs. The platform supports various trading functions, analytics, portfolio management tools and much more.

FX Inside is another platform offered by Invast Global. FX Inside users can only trade in currency and precious metals with a set execution rate.

In addition, the platform algorithmically sorts and ranks prices giving traders a better price for any specified trade size.

MetaTrader 4 provides all the necessary tools and resources, including technical indicators, a set of charts and expert advisors, which allow traders to fully automate their trading process.

Support service

The main office of Invast Global is located in Sydney. Support is available via email and phone.

Payment methods

Invast Global offers its customers solely bank transfer as a method of payment. Payments with credit/debit cards as well as popular electronic wallets Skrill&Neteller are not available.

Pros

• Regulated broker;
• Competitive spreads;
• NDD-environment;
• Various trading platforms.

Cons

• High deposit;
• A single method of payment.