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INTERVATE Forex Broker provides real users with * positive reviews, 1 neutral reviews and 2 exposure review!

INTERVATE Broker Review

1.46

WikiFX monitor

Business

Influence E

License

No license

INTERVATE Review 3

Latest All(3) Neutral(1) Exposure(2)
Neutral

My experience with INTERVATE has been generally positive. Their customer service has been prompt and helpful whenever I've needed assistance. In terms of their products, they offer a good range of trading instruments, including forex, stocks, and commodities. Overall, I would recommend INTERVATE as a reliable option for those looking to trade with a UK-based broker.

Jenny Chen
2023-03-21
Exposure
Freeze my account for no reason and ask me to pay margin, but it is a shame!

My wife and I opened an account before, but the company said that we were operating simultaneously and the account was frozen, requiring us to pay a 30% deposit to unfreeze it. After we borrowed money and paid the security deposit, we still need to have enough turnover. My wife’s turnover was enough to unfreeze and then withdraw the money out of the bank account, but it was frozen because the police said that the source of the account was suspected of a criminal offence. However, when the company allowed me to pay in installments (borrowing money from everywhere [d83d][de2d]), I was unreasonably humiliated by the company when I paid the last deposit! Customers who have invested in this company, please be careful.

FX3574133205
2022-06-23
Exposure

Until now i still dont accept my withdraw

FX6695487502
2021-11-22

  

Intervate 2025 Review: Everything You Need to Know

  In the rapidly evolving world of forex trading, choosing the right broker is crucial. This review of Intervate reveals a broker that raises significant concerns regarding its legitimacy and regulatory compliance. While it claims to offer advanced trading features and high leverage, the lack of transparency and proper licensing casts doubt on its reliability.

  Note: It is important to highlight that the geographical differences in the operations of Intervate are a relevant factor. The broker operates under various entities across different regions, which can lead to inconsistencies in regulations and user experiences.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Experience 2
Trustworthiness 1
User Experience 2
Overall Rating 1.5

  We evaluate brokers based on user feedback, expert opinions, and factual data from industry reports.

  

Broker Overview

  Founded in an undisclosed year, Intervate operates as an offshore broker, which raises red flags regarding its legitimacy. The broker claims to offer a proprietary trading platform alongside popular options like MetaTrader 5 (MT5). However, the lack of clear information about its asset classes and regulatory status makes it challenging to assess its reliability. The broker is not listed among the reputable regulatory bodies, which further complicates its credibility.

  

Detailed Review

  

Regulated Geographical Areas

  Intervate operates in various regions, but the lack of a clear regulatory framework raises concerns. It claims to be regulated in the UK and other jurisdictions, yet a thorough check reveals that it is not listed with the Financial Conduct Authority (FCA) or other credible regulatory bodies. This absence of regulation is a significant risk for potential traders.

  

Deposit/Withdrawal Methods

  Intervate offers a range of deposit and withdrawal methods, including credit cards, bank transfers, and cryptocurrency options. However, the absence of transparency regarding fees associated with these transactions is alarming. Users have reported difficulties in withdrawing funds, which is often a red flag for unregulated brokers.

  

Minimum Deposit

  The minimum deposit requirement for opening an account with Intervate is unclear. Some sources suggest it could be as high as $500, while others indicate that it is unspecified. This ambiguity is concerning and indicates a lack of standardization in their account offerings.

  

Bonuses/Promotions

  Intervate appears to promote various bonuses and promotions to attract new clients. However, the terms and conditions surrounding these bonuses are often vague and could include hidden fees or withdrawal restrictions. Potential clients should exercise caution and read the fine print before accepting any offers.

  

Tradable Asset Classes

  Intervate claims to provide access to a variety of asset classes, including forex, commodities, and cryptocurrencies. However, given the broker's questionable regulatory status, it is advisable for traders to verify the actual availability of these assets before investing.

  

Costs (Spreads, Fees, Commissions)

  The cost structure at Intervate is not clearly defined, with users reporting varying experiences. While the broker advertises tight spreads and high leverage (up to 1:500), the lack of transparency regarding commissions and fees is a major concern. Traders should be wary of any hidden costs that could erode their profits.

  

Leverage

  Intervate offers high leverage, which can be appealing to traders looking to maximize their potential returns. However, such high leverage also comes with increased risk. The lack of regulation means that users may not receive adequate warnings about the dangers associated with high leverage trading.

  

Allowed Trading Platforms

  While Intervate claims to offer popular platforms like MT5, the functionality and reliability of these platforms remain untested due to reports of technical issues. Users have noted difficulties in accessing the platform, which could hinder trading performance.

  

Restricted Regions

  Due to its unregulated status, Intervate may not be accessible in certain jurisdictions. Traders should confirm whether they can legally open an account based on their location.

  

Available Customer Support Languages

  Intervate's customer support is limited, with users reporting poor experiences when trying to resolve issues. The lack of a dedicated support team and the absence of a clear communication channel are significant drawbacks for potential clients.

  

Final Ratings Overview

Category Score (out of 10)
Account Conditions 2
Tools and Resources 3
Customer Service and Support 1
Trading Experience 2
Trustworthiness 1
User Experience 2
Overall Rating 1.5

  In conclusion, the Intervate review highlights substantial concerns regarding the broker's legitimacy and operational practices. Potential traders should exercise extreme caution and consider more reputable alternatives that offer robust regulatory oversight and transparent trading conditions.

INTERVATE review