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INVDOM

WikiFX | 2024-10-28 18:47

Abstract：INVDOM is a newly-established broker registered in Australia, claiming to offer virtual currency CFD trading with demo accounts and leverage up to 1:100 via the industry-standard MT5 platform. However, currently it is not regulated.

INVDOMReview Summary
Founded	2024-3-14
Registered Country/Region	Australia
Regulation	Not regulated
Market Instruments	Virtual currency CFD
Demo Account	✅
Leverage	Up to 1:100
Spread	/
Trading Platform	MT5
Min Deposit	/
Customer Support	Email: support@invdom.com
Customer Support	Address: Level 16 175 Pitt St, Sydney 2000, NSW.

INVDOM is a newly-established broker registered in Australia, claiming to offer virtual currency CFD trading with demo accounts and leverage up to 1:100 via the industry-standard MT5 platform. However, currently it is not regulated.

Pros and Cons

Pros	Cons
Popular trading platform MT5	Relatively new
Demo accounts offered	Not regulated
	Limited trading assets
	Lack of transparency

Is INVDOM Legit?

INVDOM operates without regulation. It is not supervised by any financial authorities. Traders should be cautious when choosing a broker.

What Can I Trade on INVDOM?

Tradable Instruments	Supported
Virtual currency CFD	✔
Forex	❌
Commodities	❌
Indices	❌
Stocks	❌

Account Type

INVDOM offers two account types: real account and demo account.

Leverage

The leverage of INVDOM is up to 1:100. Note that high leverage comes with high gains and losses.

Commission

INVDOM charges $11 per 20000 currencies. The minimum margin is $0 and margin rate is 30%.

Other Fees

And all account opening and maintenance fees are said to be free of charge.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	❌	/	Beginners
MT5	✔	Web, Desktop, Web	Experienced traders

Deposit and Withdrawal

Deposit Options

Deposit Option	Fee	Processing Time
Domestic bank transfer	Transfer fee will be paid by the customer	Usually within 15 minutes after deposit. If the broker is unable to confirm the payment by 5pm, it will be reflected on the next business day
Cryptocurrency remittance (USDT)	1 USDT and 3%	Immediate

Withdrawal Options

Withdrawal Option	Fee	Processing Time
Financial institution designated by the customer	Basic free	Usually within 3 business days from the request
Cryptocurrency remittance (USDT)	1USDT and 3%	Usually within 15 minutes of request. Orders received after 5pm will be processed on the next business day

Broker Dealer

Related broker

No Regulation

INVDOM

Company name：INVDOM PYT LTD

Score

1.32

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.32

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