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Invertox Company, operating under the name Invertox Ltd, was founded on September 29, 2021. The company emerged in the burgeoning online trading sector, aiming to provide a platform for retail investors to engage in various financial markets.
Invertox operates as an independent entity. However, it has been associated with other brokers, notably Axen Capital, which has raised concerns regarding its legitimacy and regulatory compliance. The exact ownership structure remains somewhat opaque, contributing to skepticism among potential clients.
Invertox is registered in Saint Lucia, with its operational headquarters located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. This offshore location is often a red flag for investors due to the regulatory environment.
Invertox offers trading services across various global markets, including forex, indices, stocks, metals, and cryptocurrencies. The platform claims to facilitate trading in over 300 instruments, catering to a diverse clientele.
Invertox is categorized as an unregulated broker, which means it does not hold licenses from recognized regulatory bodies such as the Financial Conduct Authority (FCA) in the UK or the Commodity Futures Trading Commission (CFTC) in the US. The lack of regulation is a significant concern for potential investors.
Since its inception in 2021, Invertox has made strides in establishing itself in the online trading landscape. However, its lack of regulatory oversight has hindered its reputation.
Invertox has expanded its offerings to include a wide range of financial instruments, positioning itself as a versatile trading platform. However, the exact details of its business expansion remain unclear, as the company has not publicly shared comprehensive growth metrics.
The company has seen a modest increase in its customer base, attributed to its low minimum deposit requirement of $100. However, concerns about its regulatory status have limited its appeal to more risk-averse traders.
Invertox primarily operates on the MetaTrader 5 (MT5) platform, which is recognized for its advanced trading capabilities. The platform is available on multiple devices, including Windows, iOS, and Android, catering to a tech-savvy audience.
As of now, Invertox has not received any notable awards or recognitions in the trading industry, which further underscores its emerging status and the skepticism surrounding its operations.
Invertox provides access to a variety of forex trading options, including major, minor, and exotic currency pairs. The exact number of currency pairs offered is not explicitly stated, but it is implied that a comprehensive range is available.
Invertox allows trading in various stocks, although specific details regarding the number of stocks and the exchanges they are listed on remain vague.
The platform offers Contracts for Difference (CFDs) on various assets, including indices and commodities. However, the lack of transparency around the specific products and their associated risks is a concern.
Invertox also provides trading options for cryptocurrencies, metals, and energies. This diverse range of financial instruments aims to attract a broader audience, although the specifics of these offerings are not well-documented.
One of the unique features of Invertox is its social trading option, which allows users to copy the trades of successful traders. This feature can be appealing to novice traders looking to leverage the expertise of more experienced investors.
Invertox is not regulated by any recognized financial authority, which poses significant risks to investors. The absence of regulatory oversight raises concerns about the safety of client funds and the overall integrity of the trading platform.
Invertox operates as Invertox Ltd in Saint Lucia and Invertox LLC in Saint Vincent and the Grenadines. This dual registration in offshore jurisdictions is often seen as a tactic to evade stringent regulatory scrutiny.
Due to its unregulated status, Invertox does not offer any formal client fund protection measures. Investors are advised to exercise extreme caution, as there are no guarantees regarding the safety of their deposits.
Invertox primarily serves clients in regions where regulatory barriers are less stringent, making it accessible to a global audience. However, the lack of regulation may deter clients from more stringent jurisdictions.
Invertox has not publicly disclosed any compliance history, and its association with other dubious brokers has raised red flags among potential clients. The absence of regulatory oversight means there is little recourse for clients in case of disputes.
Invertox competes with other online brokers such as:
Invertox positions itself as a low-cost trading platform with a diverse range of instruments. However, its unregulated status significantly hampers its credibility compared to its competitors.
Invertox's main differentiation factors include its low minimum deposit requirement and the availability of the MT5 trading platform. However, these advantages are overshadowed by the risks associated with its lack of regulation and transparency.
Invertox presents a mixed picture for potential investors. While it offers a range of trading instruments and low entry barriers, its unregulated status and lack of transparency raise significant concerns. Investors should conduct thorough research and consider the risks before engaging with this broker.
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