Intel Bond Fx foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://intelbondfx.com/account/register, about the company's legal and temporary regulatory information, the company's address Dreikoenigstrasse 15, 8002 Zurich, Switzerland.
Intel Bond Fx broker review
Intel Bond FX Investment Company Ltd, commonly referred to as Intel Bond FX broker, is a financial services provider that specializes in fund management and advisory services, particularly in the realm of cryptocurrencies. The company was established in 2021 and claims to be headquartered in Switzerland; however, it lacks proper regulatory oversight in that country, raising concerns about its legitimacy.
This broker primarily targets retail investors seeking to engage in online trading, offering a variety of investment options. Despite its claims of being based in Switzerland, multiple sources indicate that it operates without any valid regulatory license, which is a significant red flag for potential investors.
Intel Bond FX has been noted for its aggressive marketing strategies and promises of high returns, which are common tactics among unregulated brokers. The company offers several account types, each with varying minimum deposit requirements and promised returns, which can attract inexperienced traders looking for quick profits.
The business model of Intel Bond FX appears to focus on retail forex trading, but the lack of transparency regarding its operations and regulatory status raises questions about the safety of client funds. As such, potential clients are advised to exercise caution when considering investing with this broker.
Intel Bond FX broker operates without any regulatory oversight, a fact that has been confirmed by various financial authorities. The Swiss Financial Market Supervisory Authority (FINMA) has flagged Intel Bond FX for fraudulent activities, indicating that the broker is not authorized to provide financial services.
Key regulatory details include:
Regulatory Bodies:
FINMA (Switzerland)
CNMV (Spain)
Regulatory Numbers:
No valid regulatory numbers are available as Intel Bond FX is unregulated.
Licensing:
Intel Bond FX does not have a valid license to operate as a financial services provider, which is a significant concern for potential investors.
Client Fund Protection:
There is no information regarding client fund segregation policies or participation in investor compensation schemes.
KYC and AML Compliance:
Details on Know Your Customer (KYC) and Anti-Money Laundering (AML) measures are not disclosed, raising further concerns about the broker's commitment to regulatory standards.
Given the lack of regulation and transparency, it is crucial for potential clients to be wary of engaging with Intel Bond FX broker.
Intel Bond FX broker offers a range of trading products primarily focused on forex and cryptocurrencies. The specifics of their offerings include:
Forex Currency Pairs:
Intel Bond FX provides access to a limited number of currency pairs, but the exact number is not disclosed.
CFD Products:
The broker offers Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies.
Unique Products:
There are no specific unique trading products mentioned that differentiate Intel Bond FX from other brokers.
Product Updates:
Information on the frequency of product updates or the addition of new trading instruments is not available.
Retail Trading Services:
The broker emphasizes retail trading services, but details on execution quality or trading conditions are not provided.
Institutional Client Services:
There is no indication that Intel Bond FX broker offers services tailored for institutional clients.
White Label Solutions:
No information is available regarding white label solutions or asset management services.
The lack of comprehensive information about trading products and services further highlights the opacity surrounding Intel Bond FX broker.
Intel Bond FX broker operates its own proprietary trading platform, which is not widely recognized in the industry. The specifics of the platform include:
MetaTrader 4/5 Support:
There is no indication that Intel Bond FX supports popular platforms like MetaTrader 4 or MetaTrader 5.
Proprietary Platform Details:
The features and functionalities of the proprietary platform are not detailed, making it difficult for potential users to assess its usability.
Web-Based Trading Platform:
Information regarding a web-based trading platform is not provided.
Mobile Application:
There are no details about mobile application availability for iOS or Android devices.
Execution Model:
The broker's execution model (ECN, STP, Market Making) is not specified, which is critical for understanding how trades are processed.
Server Location and Infrastructure:
Details about server locations and the technological infrastructure supporting the trading platform are not disclosed.
API Access and Automated Trading Support:
There is no information about API access or support for automated trading strategies.
Overall, the lack of clarity regarding the trading platform and technology used by Intel Bond FX broker raises concerns about its operational integrity.
Intel Bond FX broker offers several types of trading accounts, each with different conditions:
Standard Account Conditions:
Minimum deposit requirements range from $100 for the rookie account to $10,000 for the cooperative account, with varying daily profit promises.
Advanced Account Types:
The broker offers professional and premium accounts, but specific features or benefits of these accounts are not detailed.
Special Accounts:
There is no mention of special accounts such as Islamic accounts or corporate accounts.
Demo Account Policy:
Information regarding the availability of demo accounts is not provided.
Leverage Ratios:
The leverage ratios offered by Intel Bond FX are not specified, which is crucial for traders to understand their risk exposure.
Minimum Trade Size:
The minimum trade size or lot sizes for trading are not indicated.
Overnight Fees:
Details about overnight fees or swap rates are not available.
The lack of comprehensive information on account types and trading conditions further complicates the decision-making process for potential investors considering Intel Bond FX broker.
Intel Bond FX broker provides limited information regarding fund management practices:
Supported Deposit Methods:
The broker accepts various deposit methods, including bank transfers, credit cards, and electronic wallets, but specific details are not provided.
Minimum Deposit Requirements:
Minimum deposit requirements vary by account type, starting from $100.
Deposit Processing Time:
The processing time for deposits is not disclosed.
Deposit Fees:
Information on any applicable deposit fees is not available.
Withdrawal Methods and Restrictions:
Withdrawal methods are not specified, and potential restrictions on withdrawals are also unclear.
Withdrawal Processing Time:
The processing time for withdrawals is not mentioned.
Withdrawal Fees Structure:
There is no information regarding any fees associated with withdrawals.
Given the lack of transparency in fund management, potential clients should be cautious when dealing with Intel Bond FX broker.
Intel Bond FX broker offers limited customer support options:
Support Channels:
Support is available via phone, email, and possibly online chat, although specific details are not provided.
Service Hours and Time Zone Coverage:
The operating hours and time zone coverage for customer support are not disclosed.
Multilingual Support:
It is unclear whether Intel Bond FX offers support in multiple languages.
Educational Resources:
The broker does not provide detailed educational resources such as webinars, tutorials, or eBooks.
Market Analysis Services:
Information regarding daily market analysis, news, or research reports is not available.
Trading Tools:
The availability of trading tools, such as calculators, calendars, or signal services, is not mentioned.
The inadequacy of customer support and educational resources further diminishes the appeal of Intel Bond FX broker.
Intel Bond FX broker claims to offer services globally, but specific details are lacking:
Primary Service Markets:
The broker primarily targets retail clients, but specific market coverage is not detailed.
Regional Office Distribution:
There is no information regarding the distribution of regional offices.
Countries/Regions Not Accepted:
The broker does not specify which countries or regions it does not accept clients from.
Special Restrictions:
There are no details regarding any specific restrictions that may apply to certain jurisdictions.
In conclusion, potential clients considering Intel Bond FX broker should be aware of the significant risks associated with engaging with an unregulated broker. The lack of transparency, regulatory oversight, and comprehensive information about products and services raises serious concerns about the safety of funds and the quality of trading conditions.