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INVCenter-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2021-11-17 18:12

Abstract:INVCenter is an offshore Forex brokerage, owned and operated by Advanced Software Solutions Ltd., which is said to be registered offshore on St. Vincent and the Grenadines. INVCenter does not fall under any regulatory agency, therefore, it is unsafe to trade with this broker.

General Information & Regulation

INVCenter is an offshore Forex brokerage, owned and operated by Advanced Software Solutions Ltd., which is said to be registered offshore on St. Vincent and the Grenadines. INVCenter does not fall under any regulatory agency, therefore, it is unsafe to trade with this broker.

Market Instruments

INVCenter offers well over 50 forex pairs, and lots on CFDs on commodities like natural gas, oil and corn, spot metals like silver and gold, various stocks and 10 major indices. Besides, INVCenter also trades with crypto CFDs.

Minimum Deposit

In terms of minimum initial deposit, INVCenter does not make this part clear. However, since INVCenter is not regulated, anyway, it is not safe to open trading accounts through this platform.

Leverage

The maximum trading leverage offered by INVCenter is as high as 1:200, which will surely fit even the most aggressive trading strategy, and yet traders should always use higher leverage with extra caution.

Spreads & Commissions

When we checked the INVCenter trading platform the benchmark EURUSD spread appeared to be fixed at 5 pips – a level absurdly high, having in mind that spreads are usually considered acceptable, only if the start below 1,5 pip.

Trading Platform Available

When it comes to trading platform available, INVCenter is offering some unproven web based platform, which lacks some pretty standard features readily available with classic trading solutions like the MetaTrader4.

Deposit & Withdrawal

Lastly, with regard to deposit and withdrawal payment methods, INVCenter seems to accept payments with major credit and debit cards like VISA and MasterCard and bank wire transfers, but not some popular e-wallets like Skrill. Further information on deposit and withdrawal requirement is not mentioned.

INVCenter

Related broker

No Regulation
INVCenter
Company name:INVCenter
Score
1.56
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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