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Intertrades Fx Forex broker specializes in providing foreign exchange trading services, the company's official website https://intertradesf..., the company's legitimate regulatory information United KingdomFCAEuropean Authorized Representative (EEA) to enhance the security of the company's address

Intertrades Fx Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

Intertrades Fx

Abbreviation

Intertrades Fx

Company employee

Customer Service Email Address

info@intertradesfx.com

Contact Number

+44 1 392 58 0798

Company Website

https://intertradesfx.com/

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Note: Intertrades Fx is to operate via the website - https://intertradesfx.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning The United Kingdom FCA regulation (license number: 597312) claimed by Intertrades Fx is suspected to be a clone. Please be aware of the risk! Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Regulation Suspicious Clone Market Instrument CFDs, forex, metals, cryptocurrencies and indexes Account Type Standard, Pro and Investor Demo Account N/A Maximum Leverage Standard & Pro: 1:100 | Investor: 1:200 Spread Standard: from 0.012 pips | Pro: from 0.006 pips | Investor: from 0.01 pips Commission N/A Trading Platform N/A Minimum Deposit $1,000 Deposit & Withdrawal Method E-payments Intertrades Fx, a trading name of Intertrades Fx Ltd, is allegedly a forex and CFD broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage up to 1:200 and floating spreads from 0.01 pips via 3 different live account types, as well as 24/5 customer support service. Here is the home page of this brokers official site: As for regulation, it has been verified that Intertrades Fx holds a suspicious clone Financial Conduct Authority (FCA) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.32/10. Please be aware of the risk. Market Instruments Intertrades Fx advertises that it offers access to a wide range of trading instruments in financial markets, including CFDs, forex, metals, cryptocurrencies and indexes. Account Types Intertrades Fx claims to offer 3 types of trading accounts - Standard, Pro and Investor, with minimum initial deposit requirements of $1,000, $5,000 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. Leverage The leverage offered by Intertrades Fx is adjusted based on the account type. Clients on the Standard and Pro accounts can experience a leverage of 1:100, while the Investor account holders can enjoy a much higher leverage ratio of 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads All spreads with Intertrades Fx are a floating type and scaled with the accounts offered. Specifically, the spread starts from 0.012 pips on the Standard account, from 0.006 pips on the Pro account and 0.01 pips on the Investor account. By contrast, the industry average spread is 1.5 pips. The spreads that this broker offer is competitive but we have no way to verify if it is available due to its broken website links. Deposit & Withdrawal Intertrades Fx appears to offer some unknown electronic payment types. The minimum initial deposit requirement is quite high - up to $1,000. Customer Support Intertrades Fxs customer support can be reached by telephone: +44 1 392 58 0798, email: info@intertradesfx.com. Company address: Hardman Street, Manchester M3 3EB, United Kingdom. Pros & Cons Pros Cons • Multiple instruments and account types offered • Suspicious clone • Flexible leverage up to 1:200 • Website inaccessible • Variable spreads from 0.01 pips • Extremely high minimum initial deposit requirement • Popular payments like credit/debit cards and wire transfers unsupported Frequently Asked Questions (FAQs) Q 1: Is Intertrades Fx regulated？ A 1: No. It has been verified that the United Kingdom FCA regulation (license number: 597312) claimed by Intertrades Fx is suspected to be a clone. Q 2: What is the minimum deposit for Intertrades Fx？ A 2: The minimum initial deposit to open a Standard account is up to $1,000, while the Pro and Investor accounts require a much higher initial capital requirement of $5,000 and $10,000 respectively. Q 3: Is Intertrades Fx a good broker for beginners？ A 3: No. Intertrades Fx is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and extremely high initial deposit requirement.

Intertrades Fx broker review

Is Intertrades Fx safe or scam

Rating Index

Investor

Minimum Deposit

$ 10,000

Pro

Minimum Deposit

$ 5000

Intertrades FX Broker - Comprehensive Information Guide

1. Broker Overview

　　Intertrades FX, established in 2014, is an online Forex and CFD broker that claims to provide a wide range of trading services. The company operates under the name Intertrades FX Ltd, with its headquarters located in the United Kingdom. Although it presents itself as a reputable broker, the reality surrounding its operations raises significant concerns.

　　Intertrades FX primarily targets retail traders and institutional clients, offering various financial instruments for trading, including Forex, commodities, indices, and cryptocurrencies. The company claims to have a strong focus on providing advanced trading options and exceptional customer service.

　　Over the years, Intertrades FX has faced scrutiny and warnings from various financial regulatory authorities, which have impacted its reputation. The company positions itself as a leader in the Forex industry, but the lack of transparent information regarding its operations and regulatory status has led to skepticism among potential clients.

　　Intertrades FX operates as an online trading platform, providing access to financial markets for both experienced traders and beginners. However, its business model has been called into question due to allegations of fraud and unregulated practices. This overview sets the stage for a more in-depth examination of the broker's regulatory status, trading products, and conditions.

2. Regulatory and Compliance Information

　　Intertrades FX claims to be regulated by the Financial Conduct Authority (FCA) in the UK, with the license number 597312. However, this claim has been disputed, with various sources indicating that the broker may be operating under a suspicious clone license. The FCA has issued warnings regarding Intertrades FX, stating that it is not authorized to provide financial services in the UK.

　　The company has also been blacklisted by the Comisión Nacional del Mercado de Valores (CNMV) in Spain, which has classified it as a fraudulent entity. This raises serious concerns about the safety of client funds and the legitimacy of its operations.

　　Intertrades FX does not provide clear information regarding its client fund segregation policies, which is a critical aspect of ensuring investor protection. The absence of participation in an investor compensation scheme further exacerbates the risks associated with trading through this broker.

　　Moreover, the broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations remains ambiguous, as there is no publicly available information confirming its adherence to these essential practices.

3. Trading Products and Services

　　Intertrades FX offers a variety of trading products, including:

Forex Currency Pairs: The broker claims to provide access to over 50 currency pairs, including major, minor, and exotic pairs.
CFD Products: Intertrades FX lists a range of CFDs covering indices, commodities, stocks, and cryptocurrencies. This includes popular assets like gold, oil, and major stock indices.
Unique Trading Instruments: While the broker promotes itself as offering a comprehensive suite of products, the specifics regarding unique or proprietary instruments are not clearly defined.

　　The frequency of product updates and the introduction of new trading instruments are not well-documented, leaving clients uncertain about the evolving nature of the broker's offerings. Retail trading services are available, but the details surrounding institutional client services and white-label solutions are limited.

4. Trading Platforms and Technology

　　Intertrades FX claims to support the widely used MetaTrader 4 (MT4) trading platform. However, there is little information available regarding the functionality and features of this platform within their services. The absence of a proprietary trading platform suggests that the broker relies on established software for its operations.

　　The broker also presents a web-based trading platform, which is designed for ease of access and usability. Mobile applications for iOS and Android devices are mentioned, but details on their functionality and performance are scarce.

　　In terms of execution models, Intertrades FX appears to operate on a Market Making basis, which can lead to potential conflicts of interest. The specifics regarding server locations and technical infrastructure are not disclosed, raising questions about the broker's operational reliability.

　　API access and support for automated trading are not explicitly mentioned, leaving traders without clarity on the availability of advanced trading solutions.

5. Account Types and Trading Conditions

　　Intertrades FX offers several account types, including:

Standard Account: Minimum deposit of $1,000, with spreads starting from 0.012 pips and no specified commission.
Pro Account: Requires a minimum deposit of $5,000, with tighter spreads from 0.006 pips.
Investor Account: Aimed at high-capital investors, this account type demands a minimum deposit of $10,000 and offers leverage up to 1:200.

　　The leverage ratios vary by account type, with options ranging from 1:100 for standard and pro accounts to 1:200 for investor accounts. The minimum trade size is set at 0.01 lots, and overnight fees apply, although specific rates are not disclosed.

　　The lack of a demo account option limits the ability for new traders to practice without risking real funds, which is a significant drawback for a broker targeting retail clients.

6. Fund Management

　　Intertrades FX supports various deposit methods, including:

Bank Transfers
Credit and Debit Cards
Electronic Wallets

　　The minimum deposit requirement is $1,000 for the standard account, with higher amounts for pro and investor accounts. Processing times for deposits are not clearly stated, which can lead to uncertainty for clients.

　　Withdrawal methods are similarly vague, with no clear guidelines on fees or processing times. The broker's policy on withdrawal fees is not transparent, and clients may face challenges accessing their funds, especially given the warnings issued by regulatory authorities.

7. Customer Support and Educational Resources

　　Intertrades FX provides customer support through various channels, including:

Phone Support: Available at +44 1392 58 0798
Email Support: info@intertrade sfx.com
Online Contact Form

　　However, the absence of live chat support and limited operational hours may hinder effective communication with clients.

　　The broker's educational resources are minimal, offering only basic market insights and a few trading tools like calculators and economic calendars. There are no webinars, tutorials, or comprehensive training materials available to assist traders in enhancing their skills.

8. Regional Coverage and Restrictions

　　Intertrades FX claims to serve clients globally, but its actual operational reach is limited due to regulatory restrictions. The broker is reportedly not accepting clients from the United States and several other jurisdictions where strict regulations are enforced.

　　The lack of transparency regarding regional offices and specific market coverage further complicates potential clients' ability to assess whether Intertrades FX is a suitable choice for their trading needs.

　　In conclusion, while Intertrades FX presents itself as a viable trading option, the significant regulatory warnings and lack of transparency raise serious concerns about its legitimacy and safety. Potential clients are advised to exercise caution and consider more established and regulated brokers for their trading activities.

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