Invast Global named best Prime-of-Prime broker

abdelaziz Fathi

Sydney-based prime-of-prime provider Invast Global has been recognized as the best Prime-of-Prime broker at the e-FX awards.

The awards involve a rigorous judging process based on the views of industry experts with strict criteria for each category. And the titles go to a selected few nominated players who are providing the best service to the rapidly-growing investment and trading community. The idea is to recognize and honor the best trading conditions, comprehensive market research tools, and B2B products, amongst a wide spectrum of other categories.

This marks the second award received by Invast Global this year. In April, the company was honored with the Best FX Prime of Prime award at the FX Market Asia Awards for the fourth consecutive year.

Over the past year, Invast Global has achieved significant success and growth. The Aussie broker attributes part of its strong performance to the strategic partnership it established with oneZero Financial Systems. This collaboration has led to improvements in execution times, collateral efficiency, and the implementation of multi-site backup redundancy.

oneZero’s Data Source Insights product has been at the forefront of the broker-dealer trading technology provider’s activities. Among other things, the product provides a glimpse into the use of one of FX market’s most ‎common, and potentially abusive, practices.

Invast Global leverages its deep understanding of business-to-business-to-client dynamics, as well as the technology and service expectations of the intermediaries it serves. The company acknowledges that users of FX liquidity value flexibility in the services provided by their partners. Therefore, offering greater control over relationships with executing brokers and liquidity venues is likely to be appealing to many clients.

In response to growing client demand, Invast Global has also expanded its product suite by introducing ten Soft Commodity CFDs, complementing its existing Index and Commodity CFD offerings. Invast’s institutional clients can now trade natural, cultivated products such as Corn, Soybean, Wheat, Copper, Coffee Robusta, Coffee Arabica, US Heating Oil, Cocoa, Sugar and Cotton.

Invast Global has been ramping up hiring to capture more market share in a booming PoP environment. Traditionally, only the largest funds and institutions have been able to get access to the benefits provided by the non-bank market makers. This is because access has relied on the client having a tier one prime broker relationship.

The new hires also follow growing global demand for Invast’s PurePrime facility. Tailored for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers optimised FX and CFD liquidity via multiple trading GUIs or API, backed by tier one prime brokers.

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