About INVOFW
Overview
INVOFW is a trading firm registered in the United Kingdom, with a registered address at 39 Colston St, Bristol BS1 5AP. The company was founded on 14 March 2023, making it a relatively recent entrant in the online trading space.
The broker presents itself as a provider of online trading services, focusing on cryptocurrencies and metals. According to our records, INVOFW operates under no known financial regulatory authorizations, which is a significant factor for potential clients to consider.
Account Types
INVOFW offers three distinct account tiers designed to cater to different trader profiles. The 'Start' account requires a minimum deposit of $150 and offers a maximum leverage of 1:100, suitable for beginners or those with limited capital.
The 'Trader' account demands a minimum deposit of $5,000 and provides a maximum leverage of 1:500, targeting more experienced retail traders. The 'Professional' account requires a substantial $25,000 minimum deposit and also offers the maximum leverage of 1:500, likely aimed at high-net-worth individuals or professional traders seeking higher exposure.
Instruments and Leverage
INVOFW's product offering is limited to cryptocurrencies and metals trading. This narrow focus means traders will not have access to traditional forex pairs, indices, or equities through this broker.
Leverage is available across all account types, ranging from 1:100 on the Start account to 1:500 on the Trader and Professional accounts. Such high leverage amplifies both potential gains and losses, and is particularly risky in volatile markets like cryptocurrencies.
Regulatory Status
A critical aspect of INVOFW is its lack of regulatory oversight. The broker is not listed with any known financial regulator, including the UK's Financial Conduct Authority (FCA) despite being registered in the United Kingdom.
The absence of regulation means there is no independent oversight of the broker's operations, client fund segregation, or dispute resolution mechanisms. Traders should be aware that this significantly increases the risk of dealing with INVOFW compared to regulated brokers.
Conclusion
INVOFW is a recently established trading broker offering limited asset classes on high leverage. Its main drawbacks are the lack of regulatory authorization and a narrow product range.
Potential traders should weigh these factors carefully. The high leverage and unregulated status make INVOFW a high-risk choice, suitable only for those who fully understand the risks and are willing to accept them. FXCanary assigns a Scam Risk Score of 49/100 (Guarded), reflecting the absence of regulation and the broker's newness.
Overview compiled by FXCanary from regulatory records and public data. full INVOFW review