INVAXA

Risk Warning: The FSA (in Seychelles) regulatory license (License Number: SD103) claimed by INVAXA is a suspicious close. Please be aware of the risk.

General Information

INVAXA is clone forex broker registered in Seychelles, offering its clients access to a series of trading instruments, including Forex, Shares, Commodities, Cryptocurrencies, Indices, and more.

With the INVAXA, investors have the flexibility to choose from four trading accounts, with the minimum deposit to start from $250.

INVAXA is just a clone forex broker posing as a legit one, please taking extra vigilance.

Market Instruments

INVAXA offers its clients access to multiple financial markets, including Forex, Shares, Cryptocurrencies, Indices, Futures.

Account Types

INVAXA provides its clients four types of trading accounts, namely Entry, Starter, Pro, and Elite.

To open an Entry account, an initial deposit of $250 is required. As for the other three trading accounts, minimum initial deposits required become absurdly high, with the Starter account from $2,500, the Pro account from $10,000 and the Elite account from $50,000.

Basic account services offered include 24 x 5 customer support, access to trading central, swap-free/Islamic account option, etc.

Leverage

When it comes to leverage, INVAXA permits traders to use leverage of up to 1:500, which is significantly higher than the levels regarded appropriate by many regulators.

Leverage may increase your profits on one hand, and on the other hand, it may also magnify losses.

One of the most typical mistakes made by novice forex traders is using an excessive leverage ratio Our advice is that you trade with a smaller ratio until you get more experience.

Spreads

Spreads offered by four trading accounts are all starting at 0.1 pips, accompanied by varying commissions, with the Entry account from $17 per lot, the Starter account from $8 per lot, the Pro account from $7 per lot, the Elite account from $6 per lot.

Trading Platform

Please note what INVAXA offers is not the leading MT4 or MT5 trading platform.

Payment Methods

The minimum deposit to invest with this broker is $250, and INVAXA allows its clients to make a deposit and withdrawal through Credit Cards, Wire Transfer, and E-wallets. Accepted currencies are available in USD, EUR, GBP, and this broker says it charge no fees for deposits and withdrawals. Deposits can be processed instantly and withdrawals are processed within 48 hours and up to 3 to 5 business days via Wire Transfer.

Customer Support

Traders with any inquiries or trading-related issues can reach out INVAXA through the following channels:

Telephone: +248 4373413

Email: support@invaxa.com

Registered Company Address: CT House, Office 9A, Providence, Mahe, Seychelles

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.