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 |
ACY Securities brings a better copy trading experience with Tradingcup and MetaTrader 5, making it easier to follow expert signals and grow your trades.
Exnova Forex scam exposed! Victim report blocked account and stolen funds from this unregulated broker. Learn how they operate and why you should stay far away.
HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.
Robinhood to introduce options trading in the UK by 2025 following FCA approval. Discover how this expansion aligns with Robinhood's strategy for global growth and new features.