Invidiatrade
Pros and Cons
Pros
- Diverse range of trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
- Multiple account types tailored for different trading needs
- Supports popular trading platforms MT4 and MT5
- Customer support available through email, live chat, and social media
- Minimum deposit requirement set at $50 for account opening
Cons
- No regulation by recognized financial authorities
- Potential risks associated with lack of investor protection
- Withdrawal fees may apply
- Limited educational resources for traders
- Customer support not available via phone
Basic Information
User Reviews
Invidiatrade Overview
Invidiatrade is a forex broker established in the last 1-2 years, registered in Saint Lucia. The broker operates under the full company name INVIDIATRADE LTD; however, it is important to note that Invidiatrade currently does not hold any forex trading regulation, which may raise concerns for potential traders regarding the safety of their investments. As a relatively new entrant in the forex trading landscape, Invidiatrade seeks to provide a platform for those interested in trading various financial instruments.
The broker offers a diverse range of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Traders can access their services through popular trading platforms such as MT4 and MT5, known for their robust features and user-friendly interfaces. Customer support is available to assist traders with inquiries and issues, enhancing the overall trading experience. While Invidiatrade emphasizes its competitive offerings, potential clients should carefully consider the implications of trading with an unregulated broker.
Is Invidiatrade Safe? Regulation Analysis
Regulatory Information
Invidiatrade is not regulated by any recognized financial authority. As a result, trading with this broker carries inherent risks, including a lack of investor protection and a higher potential for fraud. Potential traders should exercise caution and carefully consider these factors before engaging in trading activities with Invidiatrade.
Trading Products and Services
What trading instruments does Invidiatrade offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Invidiatrade offers a broad spectrum of trading instruments, catering to various types of traders. The inclusion of diverse asset categories such as Forex, commodities, indices, stocks, and cryptocurrencies provides opportunities for both beginners and experienced traders. This product variety supports flexible trading strategies and portfolio diversification. For those looking to engage in the financial markets, Invidiatrade’s offerings can accommodate different trading styles, whether one prefers short-term trading or long-term investments. The ability to trade across multiple markets enhances user adaptability, making it a suitable platform for various trading approaches.
Account Types and Trading Conditions
What Account Types and Fees Does Invidiatrade Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Standard Account | Beginners | Access to a variety of financial instruments | Suitable for small-capital practice |
| PRO Account | Experienced traders | Lower spreads and higher leverage | Requires trading experience |
| VAR Account | Corporate clients | Customized services and features | Requires corporate documentation |
| MINI Account | New traders | Reduced minimum deposit requirements | Ideal for practice and learning |
Account Opening Process
To open an account with Invidiatrade, traders must follow a series of steps that include submitting personal, employment, and financial information. Identity verification is essential, requiring documents such as an ID and proof of address to ensure compliance. The process allows for flexibility, enabling users to upgrade to a professional account at a later stage if their trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 1.0 | $4.00 | Tight spreads for major pairs |
| CFDs (Stocks) | 1.2 | $8.00 | Varies by stock |
| CFDs (Indices) | 1.0 | $9.00 | Competitive rates for indices |
| Cryptocurrencies (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
In addition to trading fees, Invidiatrade may impose various other costs. These include deposit and withdrawal fees, inactivity fees for accounts that remain dormant for extended periods, and platform usage fees if applicable. Overnight interest, also known as swap rates, may apply based on the positions held overnight, and currency conversion fees may be incurred for transactions in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Invidiatrade Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | 2FA, multiple order types, price alerts, technical indicators | Demo account, API interface |
| MT5 | Windows, macOS, iOS, Android | Encryption, one-click trading, economic calendar, advanced charting | Demo account, VPS |
| Web Version | Any device with a web browser | Secure login, symbol lookup, price alerts | Demo account |
| Mobile App | iOS, Android | Biometrics, push notifications, quick order execution | Demo account |
Invidiatrade offers several trading platforms to accommodate various trader needs. The MT4 platform is designed for traders who prefer a robust trading environment with essential features. MT5 is suitable for advanced traders, offering additional tools and capabilities for multi-asset trading. The web version provides flexibility for users who wish to trade on any device, while the mobile app allows for convenient trading on the go, ensuring secure logins and fast order execution. The integration of real-time alerts and efficient search tools enhances the overall trading experience for users.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min $50, Max $10,000/day | USD, EUR |
| Credit/Debit Card | Instant | No platform fee | Min $50, Max $5,000/day | USD, EUR |
| E-wallet (e.g., Skrill, Neteller) | Instant | 1.5% fee | Min $50, Max $10,000/day | USD, EUR |
Minimum Deposit
Invidiatrade requires a minimum deposit of $50 to open an account. This amount is consistent across different payment methods and account types, making it accessible for new traders.
How to Withdraw
To withdraw funds from your Invidiatrade account, follow these steps:
- Log into your Invidiatrade account.
- Navigate to the ‘Withdrawal’ section in your account dashboard.
- Select your preferred withdrawal method.
- Enter the amount you wish to withdraw, ensuring it adheres to the specified limits.
- Confirm your withdrawal request and follow any additional prompts to complete the process.
Customer Support
Invidiatrade Customer Support Overview
Support Channels
Invidiatrade provides multiple customer support channels to assist traders effectively. These include:
- Email: Traders can reach out for support via email at support@invidiatrade.com, allowing for detailed inquiries and assistance.
- Live Chat: A live chat option is available on the Invidiatrade website for immediate assistance, facilitating quick resolutions to customer queries.
- Telephone: While specific phone support details are not mentioned, customers can inquire for any available telephone support options.
- Social Media: Invidiatrade maintains a presence on various social media platforms, providing another avenue for customer engagement and support.
Service Availability
Invidiatrade’s customer support is available during regular business hours, ensuring traders can receive help when needed. The support team is equipped to handle inquiries in multiple languages, enhancing accessibility for a diverse clientele.
Frequently Asked Questions
No, Invidiatrade is not regulated by any recognized financial authority. This lack of regulation may raise concerns regarding the safety of investments and investor protection.
Invidiatrade offers a diverse range of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies, catering to various trading strategies and preferences.
Invidiatrade requires a minimum deposit of $50 to open an account. This amount is consistent across different payment methods and account types.
Invidiatrade provides multiple support channels, including email at support@invidiatrade.com, live chat on their website for immediate assistance, and a presence on social media platforms for further engagement.
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.