INVDOM foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://login.invdom.com/auth/register, about the company's legal and temporary regulatory information, the company's address Level 16 175 Pitt St, Sydney 2000, NSW..
INVDOM Forex Broker
Basic information
Australia
1-2 years Suspicious Regulatory License Suspicious Scope of Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
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 |
Rating Index
INVDOM Similarly Rated Brokers
Latest Reviews
Elias009
Germany
A mixed experience here...INVDOM mt5 platform is reliable, with lots of helpful trading tools, but their spreads can be a bit wide. Similarly, their customer service is also pretty good, but it can take a while to get a response sometimes.
Neutral
2024-07-11
12432
South Africa
Starting with INVDOM was a breeze thanks to their quick and easy account setup process. The step-by-step guidance through email verification and document submission made it less daunting for me as a newbie.
Positive
2024-06-27
FX2604494127
Japan
I was directed to this exchange by customer service, but after a while, I can no longer access the website. What will happen to my deposits and earnings?
Exposure
2024-08-16