Invast Global provides five different account types e.g., Standard Account, Standard Cent Account, Raw Spread Account, Zero Account, and Pro Account. Each account type has its own set of conditions for commission, margin call, and leverage and minimum deposits.
Finding a reputable list about Invast Global account types local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.
Below is an in-depth account types Review regarding this regulated Forex company, which will assist traders to make an informed decision when it comes to the various Forex trading accounts made available.
Invast Global is a regulated broker who is headquartered in Australia. Established in 1960 in Japan. The parent company of Invast Global is a Japanese publicly listed company with a history of operation over 60 years as a Security Brokerage cooperating with numerous Prime Brokers.
They offer not only professional service but support on a strong legacy ensuring the safety and reliability of the trading environment and service.
Invast Global is an award-winning broker that offers traders access to global markets.
This helps to ensure that traders are offered trade execution at the best possible prices at the best possible execution speeds. Invast Global is continuously working to improve its trading solutions and services to adapt to evolving needs and objectives of traders.
Invast Global offers traders the option of five different accounts. Traders will find that through these accounts, Invast Global offers competitive trading conditions along with comprehensive solutions and services.
The account types at Invast Global are defined by the type of investors, thereby giving the features precisely as required by the client.
The account types are:
- The Individual account
- Corporate Account
- Trust Account
- Self-managed superfund
- Joint account.
Invast Global does not offer their Muslim traders who follow Sharia law the option of an Islamic Account.
Deposit and Withdrawals
Since Invast Global is specifically aimed at institutional and professional traders, the minimum amount needed to open an account is $25,000.
The broker only offers its customer one form of bank payment and that is through a bank wire transfer. Other forms of payment are not accepted.
Invast Global offers traders the option of opening a Demo Account which can be utilized in many ways, including, but not limited to the following:
- A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.
- Traders who are evaluating and comparing brokers who would like to explore Invast Global trading conditions in a risk-free environment, and
- Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.
Invast Global’s demo account sign-up is fully digitalized and hassle-free.
It can be done within a few minutes and as soon as the trader is registered, demo trading can commence once the trader has downloaded and installed their trading platform of choice on their web browser.
Cost and Fees, Commission and Spreads
Each broker charges its own costs which entail commissions, spreads, and margins. Traders should be aware of exactly what their broker’s fees will involve before deciding to trade with them.
The following describes what exactly a spread, margin, and commissions are: The spread of a currency pair is the variance between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move. One pip is 0.01 for currency pairs with JPY as the term currency and 0.0001 for all other pairs.
A margin means that it is the amount of money essential in your account to open a place. Margin is planned based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
The commissions are the costs levied by the broker on a client for making trades on the client’s behalf. The level of commissions will differ between various brokers and it will also depend on the various kinds of services, accounts, and trades done by the brokers.
Although contract for differences (CFDs) trading is a method of offshoot trading that allows traders to gamble on the rising or falling prices of fast-moving global financial markets. This type of trading of shares does incur commission. CFD trades on different markets have no commission but do wrap a spread around the market price of a certain instrument.
Invast Global offers tight variable spreads averaged 0.2 pips on EUR/USD. Like most STP/ECN brokerages, this one also and charges a commission, amounting to $4 round turn per standard lot. So, distinctive trading costs per lot for this pair with Invast Global amount to around 0.6 pips, which is a good offer compared to the average spread among other brokers which is about 1.5 pips.
The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which are seen as wasteful or exploitive.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
Invast Global does not offer an Islamic Account to Muslim traders who follow Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which differ vastly from the individual account such as minimum deposit, spreads, and more.
Traders who are interested in registering for an Islamic account must contact their broker’s customer support to verify the details of the account as conditions may have changed from the time of writing.
These changes are as per the broker’s discretion and/or changes in market conditions.
Pros and Cons
|✔️ PROS||❌ CONS|
|Well regulated||A single method of payment|
|Variety of trading platforms||No US clients|
|Competitive Spreads||No Islamic Account|
|Award-winning broker||No bonus|
|High minimum deposit|
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Invast Global at Glance
|Broker’s Name||Invast Global|
|Year Founded||Japan 1960, Australia 2013|
|Countries not accepted for trade||US|
|Islamic Account (Swap Free)||No|
|Minimum Deposit||25,000 AUD$|
|Deposit Options||Wire transfer|
|Withdrawal Options||Wire transfer|
|Platform Types||· MetaTrader 4
· IRESS Trader
· FlexTrade’s MaxxTrader
· FX Inside.
· API FIX solutions
· Integral FXInside
|OS Compatibility||Mac, Microsoft Windows, Mobile, Web, iPhone|
|Tradable Assets||global equities, global indices, commodities, futures, and forex|
|Languages supported on Website||English, Mandarin|
|Customer Support Languages||English, Mandarin|
|Customer Service Hours||Open 24 hours per day|
How many instruments can I trade with Invast Global?
You can trade the following financial instruments:
- Global equities
- Global indices
Which platforms are supported by Invast Global?
- MetaTrader 4
- IRESS Trader
- FlexTrade’s MaxxTrader
- FX Inside.
- API FIX solutions
- Integral FXInside
- Flextrade MAXXTrader (For Institutional clients)
Does Invast Global offer leverage?
Yes, Invast Global offers a maximum of 1:500.
What spreads can I expect with Invast Global?
Invast Global offers variable rate spreads, an average of 0.2 pip for EUR/USD. Invast Global charges a commission of $4 for a standard lot. Therefore, normal trading costs for the EUR/USD are about 0.6 pip.
Does Invast Global charge commission?
Invast Global charges a commission of $4 for a standard lot.
Are there additional charges on the Islamic account?
There is no Islamic Account with Invast Global.
Is Invast Global regulated?
Yes. Invast Global is regulated by ASIC.
Is Invast Global a recommended forex trading broker for experts and beginners?
Invast Global mostly caters to professional and expert traders.
What is the overall rating out of 10 for Invast Global?
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does Invast Global offer a demo account?
Yes, Invast Global does offer a demo account.
For how long is the demo account valid?
The demo account with Invast Global is valid for 30 days.
Does Invast Global offer the option of an Islamic Account?
Invast Global does not offer an Islamic Account for their Muslim clients who follow Sharia law.
Which live trading accounts does Invast Global offer?
- Self-managed superfund
What are the available deposit currencies for a live trading account?
USD and all other major currencies.
Deposits and Withdrawals
What is the minimum deposit for Invast Global?
25 000 AUD.
How do I make a deposit and withdrawal from Invast Global?
Bank wire transfer.
Does Invast Global charge withdrawal fees?
If the base currency in your Invast Global account varies from the currency you are requesting to be withdrawn, you will be charged a 3% conversion fee in addition to the wire fee.
For AUD bank transfer withdrawals within Australia, a $5 fee is charged. For AUD wire transfer withdrawals outside of Australia, a $20 fee is charged.
How long does it take to make a withdrawal?
This will depend on the payment method used. It can take between 30 minutes up to a few working days.