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INVDOM
Australia|1-2 years| https://invdom.com/?lang=en
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INVDOM PYT LTD
INVDOM
Australia
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
- AustraliaASIC (license number: 001308576) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
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INVDOM · Company Summary
| 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 and Cons
| Pros | Cons |
| Popular trading platform MT5 | Relatively new |
| Demo accounts offered | Not regulated |
| Limited trading assets | |
| Lack of transparency |
Is INVDOM Legit?
INVDOM operates without regulation. It is not supervised by any financial authorities. Traders should be cautious when choosing a broker.
What Can I Trade on INVDOM?
| Tradable Instruments | Supported |
| Virtual currency CFD | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
Account Type
INVDOM offers two account types: real account and demo account.
Leverage
The leverage of INVDOM is up to 1:100. Note that high leverage comes with high gains and losses.
Commission
INVDOM charges $11 per 20000 currencies. The minimum margin is $0 and margin rate is 30%.
Other Fees
And all account opening and maintenance fees are said to be free of charge.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | Web, Desktop, Web | Experienced traders |
Deposit and Withdrawal
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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