Abstract: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.
INVDOMReview Summary | |
Founded | 2024-3-14 |
Registered Country/Region | Australia |
Regulation | Not regulated |
Market Instruments | Virtual currency CFD |
Demo Account | ✅ |
Leverage | Up to 1:100 |
Spread | / |
Trading Platform | MT5 |
Min Deposit | / |
Customer Support | Email: 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.
Pros | Cons |
Popular trading platform MT5 | Relatively new |
Demo accounts offered | Not regulated |
Limited trading assets | |
Lack of transparency |
INVDOM operates without regulation. It is not supervised by any financial authorities. Traders should be cautious when choosing a broker.
Tradable Instruments | Supported |
Virtual currency CFD | ✔ |
Forex | ❌ |
Commodities | ❌ |
Indices | ❌ |
Stocks | ❌ |
INVDOM offers two account types: real account and demo account.
The leverage of INVDOM is up to 1:100. Note that high leverage comes with high gains and losses.
INVDOM charges $11 per 20000 currencies. The minimum margin is $0 and margin rate is 30%.
And all account opening and maintenance fees are said to be free of charge.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ❌ | / | Beginners |
MT5 | ✔ | Web, Desktop, Web | Experienced traders |
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 |
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