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Score
Vietnam
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.85
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
General Information & Regulation
InvestPlus is Vietnam-based broker, with the company behind it not disclosed to all. Vietnam is a place lack for accountability of financial authorities, but that has not stopped many Vietnamese moving into forex trading. InvestPlus clearly does not fall under any regulatory agency. Traders should take extra vigilance when investing with this broker, or just stay away from this broker.
Market Instruments
Tradable financial instruments available on the InvestPlus platforms are quite limited, only currency pairs, commodities and CFDs.
Minimum Deposit
InvestPlus seems to require a minimum deposit of $200 or 4600,000 VND. Although this sounds reasonable, traders are not advised to register real trading accounts here given the fact that InvestPlus is not subject to any regulation.
Leverage
In terms of trading leverage, the maximum leverage level offered by InvestPlus is up to 1:100.
Spreads & Commission
Spreads offered by InvestPlus is wide, with the spread on the EUR/USD pair is 4 pips, more than twice the amount of the industry standard. Trading costs on the platform seems excessively high.
Trading Platform Available
In terms of trading platforms available, InvestPlus offers CQG Desktop, CQG Mobile, CQG QTrader.
Customer Support
The InvestPlus customer support can be reached through telephone: 024 3565 9222, email: info@commo.vn, as well as Facebook, Zalo, and youtube.
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