Inova Global -Overview of Minimum Deposit, Leverage, Spreads

General Information

Inova Global Ltd. is a brokerage company registered in Seychelles, providing its clients with different financial instruments including forex, CFDs, Commodities, Indices. With the Inova Global Platform, there are three trading accounts offered, namely Classic, Advanced and Platinum, with the minimum deposit to trade with this broker starting at $250. Inova Global is not authorized or regulated by any regulatory authorities. Please be aware of the risk involved.

Market Instruments

With the Inova Global platform, four classes of trading instruments are available, including forex, CFD products, commodities and indices.

Account Types

Inova Global offers three trading accounts to suit its clients different trading needs, including Classic, Advanced, and Platinum accounts. To open a Classic account, investors need to fund at least $250, which is acceptable for most regular investors. The Advanced and the Platinum accounts require initial deposit of $500 and $1,000, respectively.

Some account services offered include News, Analysis, Trading Tools, and more.

How to open an account with Inova Global？

Opening an account with Inova Global is an easy and simple process, with the following steps for you to follow:

1. Click on the “Account Transactions” link.

2. Fill in some required details on the popping up page and then upload your personal data for verification

3. After approval, your account will be successfully registered, and you can start trading after funding the account.

Leverage

Problematically, Inova Global permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Spreads & Commissions

Inova Global says it offers low spreads and commissions, but it does not show us details.

Trading Platform

What Inova Global offers is not the industry-leading MT4 or MT5 trading platform, a proprietary trading platform instead.

Payment Methods

The minimum amount to deposit is set at $250 and Inova Global allows its clients to make a deposit and withdrawal through the following payment methods:

• VISA, MasterCard

• Bank Transfer

• Skrill

• Neteller

• PayPal

It takes up to 5 business days for the deposited funds via Bank/Wire Transfer to appear on your trading account.

Withdrawals must be performed only through the same bank account or Credit Card that the customer used to deposit the funds. Please note that the company may cancel the client‘s withdrawal order, if, according to the company’s discretion, the remaining funds (after the withdrawal) shall not be sufficient to secure open positions in the trading account.

As for the processing time, it takes for the money to reach your trading account or credit/debit card or bank account that has been used to deposited funds may vary (usually up to five business days).

Customer Support

Traders can reach out to Inova Global about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: info@inovamarkets.com

Email: +90 242 969 3891

Suite 15, 1st Floor, Oliaji Trade Centre, Francis Rachel Street, Victoria, Mahe, P.O. Box 1004, Seychelles

Or you can also follow this brokerage house on some social media platforms, such as Youtube, Facebook, Twitter, Linkedin, Instagram, Pinterest.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.