Invast Global
Westpac
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Overview
Invast Global was founded in 1960 and is headquartered in Australia, while Westpac was established in 2008 and is based in Austrailia. Invast Global holds licences including Australian Securities and Investment Commission (ASIC), while Westpac is regulated by Financial Conduct Authority (FCA) among others. Invast Global serves 10,000+ clients worldwide; Westpac has 10,000+. The minimum deposit is $25000 at Invast Global and $50 at Westpac.
| Feature | Invast Global | Westpac |
|---|---|---|
| Min. Deposit | $25000 | $50 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) |
| Founded | 1960 | 2008 |
| Country | Australia | Austrailia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Invast Global and Westpac, directly affecting your bottom line as a trader. Invast Global has a lower barrier to entry with a minimum deposit of $25000 (vs $50 at Westpac). Neither broker charges withdrawal fees. Westpac charges deposit fees; Invast Global does not. Overall, Westpac scores higher on fees in our assessment.
| Feature | Invast Global | Westpac |
|---|---|---|
| Min. Deposit | $25000 | $50 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Invast Global offers MT4, MT5, cTrader, while Westpac supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Westpac supports social and copy trading features, which Invast Global does not offer. The two brokers are closely matched on platform offering.
| Feature | Invast Global | Westpac |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, | Desktop,Mac,iPhone,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Invast Global and Westpac compare. Westpac runs regular live webinars; Invast Global does not. Both provide video tutorials. Westpac publishes daily market commentary; Invast Global does not. Both integrate third-party research tools. Westpac maintains an archive of past webinars for on-demand viewing. Westpac scores higher overall in education and research.
| Feature | Invast Global | Westpac |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 Westpac supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Invast Global | Westpac |
|---|---|---|
| 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 Westpac 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 | Westpac |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |