Invast Global
Phoenix Markets
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Overview
Invast Global was founded in 1960 and is headquartered in Australia, while Phoenix Markets was established in 2013 and is based in Cyprus. Invast Global holds licences including Australian Securities and Investment Commission (ASIC), while Phoenix Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Invast Global serves 10,000+ clients worldwide; Phoenix Markets has 10,000+. The minimum deposit is $25000 at Invast Global and $500 at Phoenix Markets.
| Feature | Invast Global | Phoenix Markets |
|---|---|---|
| Min. Deposit | $25000 | $500 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1960 | 2013 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Invast Global and Phoenix Markets, directly affecting your bottom line as a trader. Invast Global has a lower barrier to entry with a minimum deposit of $25000 (vs $500 at Phoenix Markets). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Invast Global | Phoenix Markets |
|---|---|---|
| Min. Deposit | $25000 | $500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Invast Global offers MT4, MT5, cTrader, while Phoenix Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Invast Global | Phoenix Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, | MT4,mac,Android.iPhone/iPad |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Invast Global and Phoenix Markets compare. Phoenix Markets runs regular live webinars; Invast Global does not. Both provide video tutorials. Phoenix Markets publishes daily market commentary; Invast Global does not. Both integrate third-party research tools. Phoenix Markets maintains an archive of past webinars for on-demand viewing. Phoenix Markets scores higher overall in education and research.
| Feature | Invast Global | Phoenix Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Invast Global accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Phoenix Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Invast Global | Phoenix Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Invast Global and Phoenix Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Invast Global | Phoenix Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |