fx open
Invast Global
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Overview
fx open was founded in 2019 and is headquartered in Puerto Rico, while Invast Global was established in 1960 and is based in Australia. fx open holds licences including Financial Conduct Authority (FCA), while Invast Global is regulated by Australian Securities and Investment Commission (ASIC) among others. fx open serves 60,000+ clients worldwide; Invast Global has 10,000+. The minimum deposit is $250 at fx open and $25000 at Invast Global.
| Feature | fx open | Invast Global |
|---|---|---|
| Min. Deposit | $250 | $25000 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F238 | Australian Securities and Investment Commission (ASIC) |
| Founded | 2019 | 1960 |
| Country | Puerto Rico | Australia |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx open and Invast Global, directly affecting your bottom line as a trader. fx open has a lower barrier to entry with a minimum deposit of $250 (vs $25000 at Invast Global). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | fx open | Invast Global |
|---|---|---|
| Min. Deposit | $250 | $25000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
fx open offers MT4, MT5, cTrader, while Invast Global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | fx open | Invast Global |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how fx open and Invast Global compare. fx open runs regular live webinars; Invast Global does not. Both provide video tutorials. fx open publishes daily market commentary; Invast Global does not. Both integrate third-party research tools. fx open maintains an archive of past webinars for on-demand viewing. fx open scores higher overall in education and research.
| Feature | fx open | Invast Global |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fx open accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Invast Global supports 2 (bank transfer, credit/debit card). fx open uniquely supports PayPal and Skrill and Neteller among the two brokers. fx open scores higher on deposit and withdrawal flexibility.
| Feature | fx open | Invast Global |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fx open and Invast Global offer live chat support. Both provide phone support. Email support is available at both brokers. fx open supports 8 languages and Invast Global supports 2, giving fx open broader global reach. Both brokers are comparable on support quality.
| Feature | fx open | Invast Global |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |