InvesaCapital is an online trading platform offering a variety of trading products and account types. Although InvesaCapital claims to be regulated by South Africa's FSCA, there are numerous questions regarding its legitimacy and transparency. The platform offers diverse trading tools but lacks transparency in trading conditions, fees, and customer support, so investors should exercise caution.
InvesaCapital's Corporate Background:
InvesaCapital's official website is https://www.invesacapital.com, with its domain registered on February 4, 2021. However, specific registration information for the platform is not disclosed, leaving its legitimacy and background information unclear and urging investors to be cautious.
InvesaCapital's Regulatory Information:
InvesaCapital claims to be affiliated with the South African company Imermarket (PTY) LTD and to be regulated by the Financial Sector Conduct Authority (FSCA) of South Africa. Upon investigation, FSCA indeed lists the company with the trading name InvesaCapital but does not provide a related website. Hence, investors should remain cautious when verifying the platform's authenticity.
InvesaCapital's Account Registration Process:
To register an account on InvesaCapital, users must visit the official website and click the registration button. Users must complete a personal information form and submit verification documents. Once the review is completed, users can make their first deposit and start trading.
InvesaCapital's Account Types:
InvesaCapital offers four types of accounts, each with different minimum deposits and spreads. The basic account requires a minimum deposit of $250, with a spread starting from 3.0 pips for EUR/USD. The top-tier VIP account requires a minimum deposit of $250,000, offering the most competitive spreads starting from 1.6 pips for EUR/USD. While the high deposit thresholds may limit some traders, the platform provides a demo account for users to test the trading environment before opening a real account.
InvesaCapital's Trading Software:
InvesaCapital has a custom web-based trading platform suited for beginners and intermediate traders, with a user-friendly and easy-to-navigate interface. However, it does not support common trading platforms such as MT4 and MT5 and lacks advanced trading tools and third-party integrations, which may not meet the needs of some advanced traders.
InvesaCapital's Trading Products:
InvesaCapital offers traders a diverse range of investment options, including forex, commodities, indices, stocks, and cryptocurrencies, helping users diversify their investments. However, the platform lacks transparency in its trading conditions and costs, and its lack of financial regulation may raise questions about its reliability. While the variety of trading tools is an advantage, the platform's regulatory and transparency shortcomings are significant concerns for traders.
InvesaCapital's Spreads, Leverage, and Commissions:
InvesaCapital offers competitive variable spreads for its trading tools, with spreads ranging from 1.6 pips to 3.0 pips depending on the account type. However, the platform does not clearly state whether commissions are charged. Additionally, accounts will incur inactivity fees if no trading activity occurs within a month. While InvesaCapital provides a range of trading tools, the lack of transparency around additional fees may concern some traders.
InvesaCapital's Educational Resources:
InvesaCapital offers multiple educational resources for traders, including an economic calendar, market reports, video tutorials, and webinars, aimed at enhancing trading knowledge and skills. These resources provide a solid foundation for learning and developing trading strategies. However, some resources are not updated timely, and the lack of personalized training options may limit the effectiveness for some traders. Additionally, users cannot access the demo account before depositing the minimum amount, limiting the availability of resources.
InvesaCapital's Deposit and Withdrawal Methods:
InvesaCapital offers customers various convenient deposit and withdrawal methods, including credit/debit cards, e-wallets, and bank transfers. Deposits are free of additional charges, and withdrawal requests are typically processed within 24 business hours. However, withdrawal fees vary by account type, and bank transfers have a minimum withdrawal limit. Additionally, users can only withdraw available funds not allocated to open positions, while VIP account holders enjoy more free withdrawals.
InvesaCapital's Customer Support:
InvesaCapital provides 24/5 customer support via phone, chat, and email, and has a FAQ section to help users resolve common issues. However, customer support is not available 24/7, and there is no live chat feature, with response times not clearly indicated. For platinum and VIP account holders, the platform offers dedicated account manager services to ensure more prompt assistance. Customer support contact information includes phone +27101571933 and email info@invesacapital.com.
Conclusion:
Although InvesaCapital offers a wide variety of investment options and educational resources to help traders improve their skills, its lack of transparency and regulation raises concerns. The platform's additional fees, lack of advanced trading tools, and limited customer support may reduce its appeal to more advanced traders. Therefore, investors should comprehensively evaluate the risks and potential issues before using the platform. Currently, InvesaCapital is marked as "Suspected Fraud" on TraderKnows.
