Invast Global Forex Trade Platform and Broker Review

Invast Global Forex Trade Platform and Broker Review

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Invast Global Broker Review

Invast Global is an award-winning multi-asset broker that was founded in 1960 in Australia. Invast Global facilitates the trades in a variety of financial instruments spread across several asset classes.

Invast Global has between 10 and 50 employees with headquarters in Sydney, Australia, as well as offices which are based in Tokyo, Japan, with a Cyprus office in development.

Is Invast Global Regulated?

Yes, Invast Global is regulated by the Australian Securities and Investments Commission (ASIC) with an Australian Financial Services License (AFSL), authorizing Invast Global to provide financial services in Australia. 

Is Invast Global Regulated in the United States?

No, Invast Global is not regulated in Virginia or any other US state. 

Is Invast Global Regulated in Europe?

No, according to the official website, Invast Global is not regulated in Europe but has a cross-border license to offer financial services and products to forex traders who reside in the United Kingdom and the European Union.

Is Invast Global regulated in a Tier-1 Jurisdiction?

With Tier-1 Jurisdiction, Invast Global has the license to offer financial services in Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.

According to the official Invast Global website, Invast Global is regulated in Tier-1 jurisdiction.

Is Invast Global regulated in Tier-2 Jurisdiction?

Tier-2 Jurisdiction offers brokers such as Invast Global the license to offer financial services and operate in the British Virgin Islands, Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.

According to the official website, Invast Global is not regulated in Tier-2 jurisdiction.

What are the Platforms and Tools for Forex Trading in Invast Global?

Invast Global offers forex traders a choice in a variety of trading platforms that can be used namely FlexTrade, Bloomberg, iRess, The OneZero Liquidity Hub, MetaTrader 4, MetaTrader 5.

  1. FlexTrade is a sophisticated trading platform that offers Invast Global’s forex traders the ability to trade forex, metals, indices, and commodity CFDs. The trading platform also offers forex traders with order placement, full streaming market depth, ECN capabilities, and unique reporting capabilities.
  2. Bloomberg is a multi-asset trading platform that offers forex traders with an integration with the Bloomberg exchange, and Invast Global data with the equity, futures, and options orders of the trader. This trading platform offers forex traders a platform that acts as an execution management system and allows forex traders to seamlessly route single names and/or baskets from more than 1,300 brokers that represent more than 6,000 algorithmic program destinations.
  3. iRess is designed for professional and sophisticated forex traders who are provided with Direct Market Access (DMA) through Invast Global, which is unparalleled to the Global Equity and Futures Markets. The iRess trading platform also offers forex traders impressive market depth, exchange order book interactivity, and sophisticated, comprehensive analysis on portfolios.
  4. OneZero Liquidity Hub offers Invast Global forex traders the ability to manage their MetaTrader businesses through a front-end which is intuitive and offers flexibility in how prices and spreads are configured along with aggregate and route liquidity, and the integration with post-trade processors.
  5. MetaTrader 4 is the most popular trading platform in the industry and offers Invast Global’s forex traders with a plethora of functions and features that can be used. With this trading platform, the trading account is integrated seamlessly across devices and forex traders are given access to powerful charting capabilities, analysis, and more.
  6. MetaTrader 5 is the advanced version of MetaTrader 4 that offers forex traders additional indicators and analytical technology. In addition to this, forex traders are also offered expert advisors, algorithmic trading, and more, when they register an Invast Global account.

Does Invast Global Have a News Blog for Forex News?

No, Invast Global does not have a news blog for forex news on the official website.

Does Invast Global Have a Traders Dashboard?

No, Invast Global does not have a traders dashboard on the official website.

Does Invast Global Have an Educational Section?

No, Invast Global does not have an educational section on the official website. 

Is Invast Global Legit?

Yes, Invast Global is a legit Forex Broker and Trade Platform that is regulated by the ASIC.

Is Invast Global Safe?

Yes, Invast Global is a reliable and safe Forex Trade platform that is regulated by the Australian Securities and Investments Commission (ASIC) regulates Invast Global in Australia.

According to its regulatory requirements, Invast Global is required to ensure that client funds are kept in segregated accounts with top-tier banks in Australia.

Is Invast Global a Good Broker?

Yes. According to a Forex Suggest review, Invast Global is a good broker in terms of security and trading speed, but not online support or cryptocurrencies.

  1. In terms of security, Invast Global makes use of stringent security protocols, processes, and technologies to ensure that data, information, and transactions of forex traders remain secure.
  2. In terms of trading speed, Invast Global makes use of innovative trading execution technology to ensure that trades are executed at the best possible speeds under 1 second.
  3. Invast Global does not offer online support or the trade in cryptocurrencies.

What is the Offering of Investment in Invast Global?

Offerings of Invast Global can be found below.

Feature Invast Global
Forex Trading Yes
CFDs Yes
Forex Pairs Yes
Cryptocurrency (Physical) No
Cryptocurrency (CFD) No
Social Trading  No

Does Invast Global have Nasdaq?

Nasdaq is the second-largest stock exchange in the United States that tracks the top technology stocks of major companies in the US.

Invast Global has Nasdaq and as a Nasdaq owner, Invast Global offers the trade in shares and indices as CFDs.

What are the Awards of Invast Global?

Forex Trading Platform Invast Global’s awards are listed below.

  1. Best Forex Prime of Prime (2020) FX Markets Asia.
  2. Best Boutique Prime Broker (2020) HFM Awards.
  3. Best Specialist Market Prime Broker (2020) – HedgeWeek.
  4. Best Specialist Market Prime Broker (2019) – HedgeWeek.
  5. Best Specialist Market Prime Broker (2018) – HedgeWeek.

How to Use Invast Global for Forex trading?

To use Invast Global, a forex trader should have the necessities below:

  1. Forex traders must be 18 years or older to register.
  2. Forex traders must have a valid ID (Driver’s license, Passport, or National ID) and proof of their residential address (utility bill or credit card statement that shows the trader’s name and residential address).
  3. Forex traders must be able to afford the $25,000 deposit.

Once a forex trader meets the conditions above, they can register a forex trading account to use the services of Invast Global.

How to open a Forex trader account with Invast Global?

To open a Forex Trading account with Invast Global, a trader should follow the steps below.

  1. Forex traders can visit the Invast Global official website and select “Become a Client”.
  2. Forex traders complete the online application by providing their first and last name, email address, phone number, country, and client type.
  3. Forex traders can indicate whether they are domiciled in Australia, how the trader heard about Invast Global.
  4. Forex traders can submit their applications and wait to hear back from the broker within 24 hours on the outcome of their account application.

What are the Forex Trader Account Types with Invast Global?

Forex Trading Platform and Financial Asset Management Institution Invast Global offers forex traders with 3 different account types.

Invast Global Account Types are listed below. 

  1. Retail Account

  2. Sophisticated Account

  3. Wholesale Account

  • Retail Account

The Invast Global Retail Account is designed for retail forex traders and requires that forex traders go through a retail client suitability test before they can use the account. The features on this account type is as follows:

  • Negative balance protection is automatically applied.
  • Margins that are as per the ASIC requirements.
  • Gross exposure limit account level of 500k Base CCY.
  • The gross exposure limit for a single position – 250k Base CCY.
  • Commissions of 6.00 bps.
  • Financing of 295 bps.
  • Access to offshore markets.
  • Leverage up to a maximum of 1:30 as per ASIC requirements.

 

  • Sophisticated Account

The Invast Global Sophisticated Account is designed for advanced forex traders and requires that forex traders undergo a sophisticated investor assessment before the account is approved. The features on this account type is as follows:

  • Unrestricted margins
  • Gross exposure limit account level of 3 million Base CCY.
  • Gross exposure limit of 1 million Base CCY per single position.
  • Commissions of 5.50bps.
  • Financing of 295 bps.
  • Access to offshore markets.
  • Leverage up to a maximum of 1:30 as per ASIC requirements.

 

  • Wholesale Account

The Invast Global Wholesale Account is designed for active, high-volume forex traders who want to get the most from their trading. The features on this account type are as follows:

  • Unrestricted margins
  • Gross exposure limit account level of 5 million Base CCY with the option of going higher.
  • Gross exposure limit of 1 million Base CCY per single position with the option of negotiating higher limits.
  • Commissions of 5.00 bps.
  • Financing of 250 bps.
  • Access to offshore markets.
  • Leverage up to a maximum of 1:30 as per ASIC requirements.

How to Withdraw Money from Invast Global?

To withdraw money from Invast Global, the following should be done:

  • Forex traders can visit the official Invast Global website and navigate to “Client Resources” and “Withdrawals”.
  • Forex traders can complete the online withdrawal form by providing their Withdrawal Method, Invast Account Name, Phone number, Email address, trading platform account number, withdrawal currency, and withdrawal amount.
  • Next, forex traders must select whether the withdrawal fee must be taken from their trading account's remaining balance, or whether it must be deducted from the payment.
  • Lastly, forex traders must provide an electronic signature, their full name, and the date followed by selecting “Submit”.
  • Forex traders must note that upon receipt of the withdrawal request, the withdrawal will be processed within three business days. This is unless the trader is requesting a withdrawal of their entire account balance.
  • Should forex traders want to withdraw all their funds and they still have unsettled trades, the positions will first be settled, which means that the withdrawal could take longer than the stipulated time.
  • Forex traders who have a joint, corporate, or trust account who request a withdrawal must ensure that Invast Global receives confirmation from additional account holders authorizing the release of the balance as it is indicated in the request.
  • Forex traders must note that there is a conversion fee of 3% charged along with the bank wire fee of between $5 and $20.

How many days do deposits take with Invast Global?

Deposit processing times will depend on the payment method that forex traders use with Invast Global. Where card and electronic payments are often instant, methods such as bank wire and transfer may take several days to clear.

What are the costs and fees with Invast Global?

There are four types of costs with Invast Global namely spreads, commissions, swap fees, and margin requirements. 

The spread is the difference between the bid/ask price indicated in pips, and which can fluctuate depending on market conditions. Commissions are charged as a flat fee or rate charged per lot, per side on certain trading accounts.

Swap fees are charged on certain positions that are held open overnight or over weekends after trading has concluded. forex traders can either be debited or credited swaps depending on whether they hold a long or a short position. 

The margin requirement is the collateral and must be paid by the trader at the beginning of the trade. Leverage lowers these requirements significantly, however, leverage must be used wisely.

For swap fees, forex traders must consult their trading platform and the instrument that they are trading. These fees are based on interbank charges and LIBOR.

What are the Trading Fees with Invast Global?

The Forex Trading Fees with Invast Global are below. 

  1. Spreads start from 0.2 pips EUR/USD.
  2. Commissions are charged between 5 and 5.50 bps.
  3. The margin requirement is typically 3.33% on EUR/USD.

What is the minimum deposit in Invast Global?

According to the official website, the recommended minimum initial amount is 25,000 USD in Invast Global.

What are the contract specifications in Invast Global?

Feature Invast Global
Forex Trading Yes
CFDs 100+
Forex Pairs 50+
Cryptocurrency (Physical) 0
Cryptocurrency (CFD) 0
Social Trading  No

Does Invast Global have promotional offers?

No, Invast Global does not have promotional offers.

The official Invast Global website does not indicate any past, present, or future promotional offers.

Does Invast Global have a welcome bonus?

No, Invast Global does not have a welcome bonus.

The official Invast Global website does not indicate a welcome bonus for new forex traders who register a live trading account. The reason for this is that Invast Global is obliged to protect forex traders against excessive loss of funds by prohibiting such initiatives involved with trading credits and rebates.

Does Invast Global have a deposit bonus?

No, Invast Global does not have a deposit bonus.

The official Invast Global website does not show a deposit bonus offered as a certain percentage back on the initial deposits of forex traders. Invast Global does not offer a deposit bonus to protect forex traders from significant losses that may arise from the provision of trading credit and rebates.

Is there a commission-free trade bonus in Invast Global?

No, Invast Global does not offer forex traders a commission-free trade bonus due to strict restrictions.

Is there a VIP bonus in Invast Global?

No, Invast Global does not offer forex traders a VIP bonus as a result of strict requirements in protecting forex traders against significant losses.

Can you start trading with no money at Invast Global?

No, you cannot start trading with no money at Invast Global. 

forex traders who want to trade with Invast Global must be able to pay the minimum deposit of $25,000.

How does leverage work with Invast Global?

Leverage is a useful tool that is offered to forex traders by Invast Global. This can be seen as a loan that is taken to open larger positions, maximizing the profit potential of the trader.

According to the ASIC regulations, Invast Global can only offer leverage up to a maximum of 1:30 for CFDs referencing an exchange rate for a major currency pair. CFDs that reference an exchange rate for a minor currency pair, gold, or a major stock have leverage up to 1:20.

CFDs that reference a commodity other than gold, or a minor stock index have leverage up to 1:10 while CFDs that reference shares or other assets have leveraged up to 1:5 according to the official Invast Global website.

If the trader’s equity falls below 50%, there is a margin close-out on all open positions, and Invast Global is obliged to keep closing out until the net equity is equal to, or greater than, the above aggregate close-out protection amount.

To protect forex traders against negative balances, forex traders are limited on their CFD losses to funds in their Invast Global account. This is also further ensured by prohibiting certain inducements to retail clients such as trading credits and rebates.

Where are the headquarters of Invast Global?

Invast Global is headquartered in Sydney, Australia.

Who is Invast Global’s CEO?

The CEO of Invast Global is Gavin White who was born in 1968, graduated from the University of Sydney in 1987 with a bachelor of economics in international economic theory and international political theory. Gavin White has held the position as CEO since October 2020.

What are the social media accounts of Invast Global?

Forex traders can follow Invast Global on the following social media accounts:

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
  • Telegram
  • Crunchbase

How many employees do work for Invast Global?

There is no official source that can provide the exact number of employees for Invast Global. However, as a result of its widespread business operations, Invast Global has between 10 and 50 employees that form its staff complement.

What are the opinions about Invast Global?

Invast Global is regarded as a reputable and professional brokerage firm that offers retail forex traders some of the most sophisticated trading solutions and services. Invast Global is a broker that serves the trading needs of professional retail forex traders, offering them competitive conditions and access to a range of financial markets.

What are Invast Global Contests?

Invast Global does not run any contests.

Invast Global does not currently have any contests and there are no announcements on the official websites that indicate whether there will be contests held in the future. As a result of the risks involved with contests, promotions, and a trading credit, Invast Global is prohibited from holding contests.

Does Invast Global have online support?

No, Invast Global does not have online support on the official website. forex traders who wish to contact Invast Global must use one of the other avenues provided for communication with the broker.

Does Invast Global offer demo accounts for Forex trading?

No, Invast Global does not offer demo accounts for forex trading due to the sophisticated, professional nature of its offering to retail forex traders.

Does Invast Global have a mobile app for Forex trading?

No, Invast Global does not have a mobile app for forex trading.

However, mobile trading for forex is offered through iRess and MetaTrader 4 by integrating the mobile trading platforms with the Invast Global account to offer trading on the go, account management and maintenance, a vast number of trading opportunities, access to a range of trading tools, and more.

Does Invast Global publish an economic calendar?

Invast Global does not publish an economic calendar. However, there is a comprehensive economic calendar offered on MetaTrader 5 that forex traders can use.

An economic calendar is one of the vital tools that forex traders must ensure they have. An economic calendar features all the announcements, releases, and events from around the world that could impact financial markets.

This may drive prices up, or down, increasing/decreasing volatility, and more. This may affect the trading activities of numerous forex traders. It is therefore imperative that forex traders can prepare and plan their trades around these events or know when they can anticipate certain opportunities.

What is the communication information of Invast Global?

Invast Global has one main telephone number and two main business addresses.

Invast Global can be contacted telephonically on +61 2 9083 1333.

Invast Global’s main business addresses are as follows:

Australia: Level 27, Aurora Place, 88 Phillip Street, Sydney NSW 2000.

Japan: 1-5-6, Higashi-Nihonbashi, Chuo-ku, Tokyo, Japan 103-0004.

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