Independent rating of Forex broker Invast Global

About company

Invast Global is a subsidiary of Invast Securities Co., with its headquarters in Sydney, Australia. Invast Global specializes in financial services to global brokers, small and mid-sized hedge funds, family offices, proprietary trading firms, and regional banks. The broker also provides its services to qualified individuals based in Australia. Invast Global maintains stable and long-standing relationships with many 1-tier bank Prime Brokers, as well as leading data providers and market infrastructure vendors. The broker is regulated by the Australian Securities and Investments Commission (ASIC). The regulator requires brokers to have at least $1 million on their accounts in order to prove their financial stability. In addition, the supervised brokers must keep customer funds separate from the company's assets and regularly report transactions.

Trading conditions

• Forex, precious metals, indices, and CFD trading
• only one type of account available – STP/ECN
• $4 commission for standard lot
• 4 types of trading platforms, including МТ4
• no news trading
• no expert advisors
• scalping not supported

Trading platform

Invast Global offers its clients to choose from 4 trading platforms: MetaTrader 4, IRESS Trader, MaxxTrader, and FX Inside. The MT4 trading platform provides traders with all the necessary tools to analyze price movements in the financial markets. МТ4 makes the process of conducting transactions much easier. Its main advantage is that it allows users to access a wide range of trading signals. IRESS Trader is a trading platform with direct access to global equities and futures markets. Platform users can also trade CFDs. Using IRESS, traders can view their orders which makes the trading process more transparent. With MaxxTrader, investors can trade currency pairs, precious metals, indices, and CFDs. The platform supports various trading functions, portfolio management tools, and market analysis. Finally, FX Inside is a proprietary platform of Invast Global. FX Inside users can only trade currencies and precious metals with a set execution rate. Besides, FX Inside sorts and ranks prices using special algorithms to help traders choose a better price for any specified trade size.

Support service

Customers can reach the support service team by phone or email specified on the company’s website.

Traders’ reviews

Most of the feedback on trading with Invast Global is negative. Traders openly call the company a scammer and accuse it of canceling profits. They also complain about drained deposits and difficulties with funds withdrawals. In addition, clients point out the unprofessional behavior of the support team in case of disputes and in critical situations.

Advantages:

• regulated broker
• wide choice of trading platforms, including MT4
• NDD-environment
• competitive spreads

Disadvantages:

• only one payment method available
• high initial deposit
• low leverage
• single account type
• commissions apply
• no expert advisors
• scalping prohibited
• no training materials for beginners
• no demo account
• negative feedback prevails