Score

1.28 /10
Danger

innovestx

Thailand

1-2 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index5.23

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

innovestx · Company summary

innovestx Review Summary
Founded2022
Registered Country/RegionThailand
RegulationNo Regulation
Market InstrumentsMutual Funds, Stocks, Private Funds, Intelligent Portfolios
Demo Account
Trading PlatformTradingView and Web Trader
Leverage/
Minimum Deposit$0
Customer ServiceOnline Chat, Phone

innovestx Information

Innovestx is a company registered in Thailand that provides diverse trading instruments and supports trading on platforms like TradingView and WebTrader. However, details concerning transaction fees and account types have not been disclosed. In addition, this broker is not subject to any effective regulation.

innovestx's homepage

Pros and Cons

Pros Cons
Multiple Trading ChoicesLack of Legal Regulation
Educational ResourcesLimited Language Support
Comprehensive Customer ServiceLimited Info on Fees
Limited Info on Trading

Is innovestx Legit?

Innovestx is currently not subject to any legal regulation. The domain of this company was registered on August 25, 2022, updated on July 15, 2023, and will expire on August 25, 2025. You should exercise caution when considering investments with this company.

No license

What Can I Trade on innovestx?

innovestx offers various financial services including: mutual funds, stocks, private funds, intelligent portfolios, digital assets, etc.

Mutual Fund: Vietnam Equity Fund, Semiconductor Equity Fund, S&P500 US Stock Index Fund, Global Equity, etc.

Share: Thai stocks, Foreign stocks, Algo Invest Services, etc.

Intelligent Portfolios: Guru Portfolio, Thematic Portfolio, Goal-Based Portfolio, Robo Advisor, etc.

Derivatives: Futures Exchange Market (TFEX), Short-term structured notes, Block Trade, Trader Camp, etc.

Private Fund: TH Alpha Fund, VN Alpha Fund, ID Alpha Fund, etc.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Stocks
Mutual Fund
Intelligent Portfolios
Digital assets
Debt instruments and bonds
Derivatives
Asset lending and borrowing services
Private Fund
What Can I Trade on innovestx?

Trading Platform

innovestx supports trading on WebTrader, a web-based trading platform that does not require you to download or install software. It also supports Trading View, a financial market analysis platform with powerful charting and technical analysis tools. However, this broker does not provide access to third-party professional trading platforms such as MT4, MT5, or cTrader.

Trading PlatformSupported Available Devices
MT5/
MT4/
WebTrader Platformcomputer
Trading Viewcomputer and phone
Webtrader
TradingView

Customer Service

innovestx permits contact through various social media platforms and by phone. Condition permitting, you can visit their physical address for comprehensive assitance. However, the broker lacks legal regulation, so whether you will get a response remains uncertain.

Contact Options Details
Phone+66 2949 1999
EmailInnovestx_contact@scb.co.th
Physical AddressSCB Park Plaza Building, No. 18 Building 1, 2nd Floor, No. 19 Building 3, 2nd and 20th Floor, Ratchadapisek Road, Chatuchak Sub district, Chatuchak District, Bangkok 10900
Social MediaTwitter: https://www.twitter.com/invxsecurities
Facebook: https://www.facebook.com/innovestxsecurities
Instagram: https://www.instagram.com/innovestx/
YouTube: https://www.youtube.com/c/InnovestX
Supported Language Thai
Website Language Thai
Contact info

The Bottom Line

innovestx is a broker that offers provides a wide range of financial services with no minimum deposit requirement and offers comprehensive customer service channels for assistance. However, innovestx lacks a legal regulatory license. Therefore, you are advised to avoid trading with this broker.

FAQs

Is it safe to trade with innovestx?

No, trading with innovestx is unsafe given the lack of legal regulation.

What kinds of services are available atinnovestx?

innovestx offers you mutual funds, stocks, private funds, intelligent portfolios, digital assets, etc.

What is the minimum amount of money required to start investing?

There is no minimum. It depends on your budget and investment goals.

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