InvestAZ -Overview of Minimum Deposit, Spreads & Leverage

General Information

InvestAZ is allegedly a broker based in Azerbaijan that provides its clients with MetaTarder4 and Web Trader trading platforms, leverage up to 1:50, variable spreads on multiple tradable assets, a choice of six different account types, individual investor portfolio management, as well as market planning and other investment services.

Market Instruments

InvestAZ advertises that it offers a variety of trading instruments in financial markets, including forex, CFDs, index, precious metals like gold, bonds and stocks.

Account Types

There are six live trading accounts offered by InvestAZ, apart from demo accounts, namely Mini, Standard, Universal, Pro, ECN and VIP. Opening a Mini account requires the minimum initial deposit amount of $100, while the other five account types with the much higher minimum initial capital requirements of $1,000, $5,000, $10,000, $30,000 and $60,000 respectively.

Leverage

Traders holding different account types can experience quite different maximum leverage ratios. Clients on the VIP account can enjoy the maximum leverage as high as 1:50, while the other five account types only can experience the leverage of 1:30. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Spreads are influenced by what type of accounts traders are holding. InvestAZ reveals that the spreads in the Mini account start from 1.6 pips, the clients on the Standard account enjoy spreads from 1.3 pips, the Universal account with spreads from 1.1 pips, the Pro account with spreads from 0.9 pips, the ECN account with the minimum spreads as low as 0.3 pips and the VIP account with spreads from 0.6 pips.

Trading Platform Available

When it comes to trading platforms available,InvestAZ gives traders three choices: InvestAZ MT4 trading terminal, InvestAZ Web Trader and MT4 Mobile application. MT4 is known as one of the most successful, efficient, and competent forex trading software. Web Trader is advertised as equipped with many features of MT4 and it can offer easy access to your account via any browser with an internet connection only. While with MT4 Mobile, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit & Withdrawal

InvestAZ seems to accept deposits and withdrawals via Credit/debit cards (Visa, MasterCard), bank wire transfers and e-wallets of WebMoney and Swift Money transfers. The minimum deposit amount is $100, while there is no minimum withdrawalrequirement. Note that every withdrawal of $100 or less will be charged $25, 1k-5k withdrawals will be charged $45, while those over 5K cost 1% of the sum.

Customer Support

InvestAZs customer support can be reached through telephone: +994124880588, email: elaqe@investaz.az or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook, Twitter, YouTube and Instagram. Company address: Xətai rayonu, Babək prospekti, Ələddin Quliyev 11/31 Babək Plaza.