Score

1.17 /10
Danger

INVDOM

Australia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index4.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

INVDOM PYT LTD

Company Abbreviation

INVDOM

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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INVDOM · Company summary
INVDOMReview Summary
Founded2024-3-14
Registered Country/RegionAustralia
RegulationNot regulated
Market InstrumentsVirtual currency CFD
Demo Account
LeverageUp to 1:100
Spread/
Trading PlatformMT5
Min Deposit/
Customer SupportEmail: support@invdom.com
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.

INVDOM Review Summary

Pros and Cons

Pros Cons
Popular trading platform MT5Relatively new
Demo accounts offeredNot 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.

Is INVDOM Legit?
Is INVDOM Legit?

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.

Account Type

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%.

Commission

Other Fees

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

Other Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5Web, Desktop, WebExperienced traders

Deposit and Withdrawal

Deposit Options

Deposit OptionFeeProcessing Time
Domestic bank transfer Transfer fee will be paid by the customerUsually 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 OptionFeeProcessing Time
Financial institution designated by the customerBasic freeUsually 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
Withdrawal Options

User Reviews

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User comment

4

Comments

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FX2604494127
6-12months
カスタマーサービスからこちらの取引所に誘導され、暫くしたらHPにもアクセス出来なくなりました。 入金と収益はどうなるのでしょうか?
カスタマーサービスからこちらの取引所に誘導され、暫くしたらHPにもアクセス出来なくなりました。 入金と収益はどうなるのでしょうか?
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2024-08-16 08:05
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Elias009
more than one year
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.
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.
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2024-07-11 09:49
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