Invast Global Review 2023
Invast Global is a multi-award-winning brokerage that is well known in Australia, Asia, and the rest of the world. The broker aims to provide institutional service around the clock. As a multi-asset prime broker, Invast Global seeks to disrupt the status quo with its exceptional trading solutions for institutional market participants and wholesale financial services clients.
In this post, we reviewed the company’s brokerage services, examining its regulations, platforms, global access, registration, account options, leverage, trading fees, customer support, education, and reputation.
Regulation and Security
Founded in Sydney, Australia, in 2013, Invast Global has grown dramatically, expanding globally and garnering international awards.
The “Invast Global” brand is a registered trading name of “Invast Financial Services Pty Ltd.” Invast Financial Services Pty Ltd (ABN 48 162 400 035) has an Australian Financial Services Licence (AFSL) issued by the Australian Securities and Investments Commission (AFSL No. 438283) which authorizes it to carry on a financial services business in Australia
Data Security and Privacy Policy
Invast Global is committed to its privacy obligations and protects clients’ personal information using the best encryption and SSL technology. The storage and transmission of clients’ sensitive data on its platforms is safe and secure.
Negative Balance Protection
This safety mechanism ensures no client is responsible for paying back a negative balance when margin calls and stop-outs do not function correctly. With this, you can’t lose more than you invested and won’t end up owing the broker.
Funds Segregation
Invast Global keeps clients’ funds in fully segregated client trust accounts held at Commonwealth Bank. Client funds are kept separate from Invast Global’s company funds. In the unlikely event Invast Global becomes insolvent, the funds will not be used to pay back creditors.
Is Invast Global available worldwide?
Operating from Australia, Invast Global offers its brokerage services to Australian residents and traders from other parts of the globe where the use of their services would not be contrary to local laws and regulations. But it does not offer its services to US citizens or residents. Click here to see the full list or connect with the customer care team.
Supported Platforms
The broker provides traders with a good selection of advanced trading platforms, including the following: FlexTrade, Bloomberg, iRess, OneZero Liquidity Hub, MetaTrader 4, MetaTrader 5, and more.
iRess Trading Platform
Invast Global provides traders with an intuitive iRess trading platform. Launched in 1993 in Australia, Iress provides software that helps the financial services industry perform better and deliver more. Over 9,000 businesses and 500,000 people across the globe use its software, including banks, insurers, investment managers, brokers, and independent wealth advisors.
Iress Trader is the industry leader for DMA execution systems. It is a web-based online trading platform that dynamically streams market data across multiple product types and exchanges. Iress Trader provides everything you need to maintain your edge in the market by combining access to the full market depth and an enhanced in-house charting system with live news flows.
Iress Trader Key Features:
- Trade Share CFDs, Futures CFDs, Indices, Forex & Commodities
- Transparent DMA Pricing
- Compatible on Windows or Mac
- Access to full Market depth
- Real-time price streaming
- Advanced order management
- Ability to trade pre and post-market auctions
- Easy to customize the interface
- Access to market heat map
- Ability to set alerts on trade execution, news, and price levels
MetaTrader 4
Invast Global provides traders with the MetaTrader 4 (MT4) platform, an advanced trading platform that was launched in 2005 by MetaQuotes. The platform is highly customizable and offers traders a wide range of features, including automated trading and access to trade over 110 CFDs, across Forex, Indices, and Commodities.
It is considered the world’s most popular Forex trading platform, used by millions of traders who need a quality platform combined with deep liquidity feeds. The platform is available as a desktop application for Mac and Windows computers, a web-trading terminal, and a mobile app for smart mobile devices.
MetaTrader 5
In addition to MT4, the broker provides traders with the MT5 trading platform, which is an improved version of MT4. Not only is MT5 faster and more powerful than MT4, but it also offers access to other assets, such as stocks, thus, offering a true multi-asset trading experience.
The platform features 21 timeframes, nine chart types, and more trading tools, including fundamental analysis tools like the economic calendar and news forecast. It also has a new order type (the stop limit order), a display of market depth, free professional charting tools, and more indicators (80+).
Its powerful but user-friendly interface is easier to navigate and offers more features and advanced trading tools for an enhanced trading experience. MT5 is also available in desktop, web, and mobile versions. The desktop application is compatible with Mac and Windows computers.
Other Trading Platforms
The FlexTrade trading platform allows traders to trade FX, Commodity, or Index CFDs from one account.
Bloomberg is a multi-asset software that integrates and routes between orders and over 1,300 brokers with over 6,000 DMA programs or destinations, so the choice over the software is solely yours.
Mobile apps
In addition to the desktop platforms, Invast Global also offers traders the mobile apps of the available trading platforms. The mobile apps can be used on iPhones, iPad, Android, or Windows system devices.
Traders worldwide can now access live streaming charts and trade dozens of global markets via the MT4 and MT5 apps. By downloading the MT4 App, you get instant live quotes, and you can take positions in 41 currency pairs, including the Forex Majors, Index CFDs, Precious Metals, and Commodity CFDs.
You can easily download the apps from the relevant app stores to access your trading accounts and check trading positions on the go.
Trading Tools
Invast MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal provides an intuitive, easy-to-use dashboard where traders can easily monitor several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously, allowing you to place market orders and pending orders, view live market prices, and track all accounts and equity in real-time. All Trading accounts must be in on the same MetaTrader server. However, MultiTerminal doesn’t support Automated Trading scripts like Expert Advisors.
Invast AutoChartist
Invast Autochartist provides the world’s first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can’t remember which currency you’re taking a look at. Autochartist offers a simple user interface that can be customized to suit how you like to trade.
Account Types
Invast Global offers various accounts for its clients. The account types at Invast Global are defined by the type of investors, so it offers the features required by the clients.
Invast Global caters specifically to professional, institutional, and corporate clientele, and this is reflected in the comprehensive solutions that it offers through its three account types, namely:
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- Retail Account
- Sophisticated Account
- Wholesale Account
Invast Global Account Features
Retail Account
This account type is specifically designed for retail traders. Before traders can register for this account, they must undergo a retail client suitability test before they are granted access to the account. The features that traders can expect with this account are as follows:
- Access to offshore markets
- Leverage up to a maximum of 1:30 as per ASIC requirements
- Negative balance protection which 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
Sophisticated Account
The Invast Global Sophisticated Account caters to advanced traders. Before applying for this account, traders must undergo a sophisticated investor assessment before management can approve their accounts. The features that traders can expect from this account type are as follows:
- Access to offshore markets
- Leverage up to a maximum of 1:30 as per ASIC requirements
- Unrestricted margins
- Gross exposure limit account level of 3 million Base CCY
- Gross exposure limit of 1 million Base CCY per single position
Wholesale Account
The Wholesale Account is designed for active and high-volume traders who wish to get the most from their trading. The features of this account include:
- Access to offshore markets
- Leverage up to a maximum of 1:30 as per ASIC requirements
- Unrestricted margins
Invast Global minimum deposit is 25,000 AUD$, which is considered rather high within the industry. But the broker aims to serve professional traders.
Demo Account
Focused on professional, institutional, and corporate clients, Invast Global does not offer traders a demo account. This is a drawback, as a demo account can also be used by professional traders who want to test their proprietary trading strategies.
If you wish to find more details regarding account types, head to the official website or click here.
Signing Up
To open a trading account with Invast Global, click the “Open an Account” button on the homepage of the broker’s website. You will be directed to the online application page, where you will be required to key in your name, email, phone number, and date of birth, and then create a password, as you can see in the form below:
After completing the form, click the “Submit” button. The broker will require you to submit your means of identification (a government-issued ID) and proof of address (a utility bill or bank statement not more than three months old) to verify your account.
Deposit and Withdrawals
Invast Global operates only Bank transfers due to obligatory restrictions. But you can choose from a range of base currencies, which helps you avoid currency conversions.
There is no charge for deposits from the broker’s side; however, it is better to check with your bank in case any fees are involved. For AUD bank withdrawals, there is a $5 charge, while outside Australia fee is $20.
Due to anti-money laundering regulations worldwide, deposits and withdrawals must be made from and paid to the same person as the trading account holder. No third-party payments are allowed.
Instruments
Invast Global provides traders with financial instruments across different asset classes, including Forex, Index CFDs, Commodity CFDs, Single Stock CFDs, and more. The multiple trading instruments allow you to diversify your portfolio to limit risks.
Commissions and Fees
The spreads that traders can expect from Invast Global start from 0.2 pips EUR/USD. Invast Global charges a commission of $4 for a standard lot. Therefore, normal trading costs for EUR/USD are about 0.6 pips. Like other brokers, it also charges swap fees.
Swap fees may vary every day- click here to check typical and current swap fees.
Available Leverage
Invast Global offers a leverage of up to 1:30 on all the live trading accounts. Leverage enables you to increase your position size by borrowing from the broker, but while it helps you increase your potential profits, it can also magnify losses if misused.
Analysis and Education
The broker provides traders with a good selection of educational resources, such as market analysis, learning articles, ebooks, FAQs, and market news, that keep traders up-to-date with the latest happenings in the financial markets.
Customer Service
Invast Global provides clients with a responsive client support team who are available 24/5 to respond to their general, technical, and account-based inquiries. The support team can be reached via email (invastsupport@invast.com.au) and telephone (+61 2 9083 1333).
Reputation amongst Traders
The broker has only received a few reviews. On Trustpilot, it got only three reviews, which rank it 4.0 out of 5.
Awards
Over the years, Invast Global has received a few awards from some of the forex industry’s most respected awarding bodies, including the FX-Markets, HFM awards, and more.
Can beginners trade with Invast Global?
Due to the high minimum deposit requirement. It is safe to assume that Invast Global is best suited for professional and corporate traders with deep pockets.
Summing Up
Invast Global is a regulated online trading broker that aims to serve professional traders, institutions, and corporations. It provides a wide range of trading platforms and tools for easy access to different financial markets. However, its minimum deposit is huge at $25,000.
