Overview of INTERDEVFX
INTERDEVFX is an online trading platform that was founded in 2005. They offer a range of trading instruments, including currencies, metals, commodities, indices, shares, and cryptocurrencies. The platform provides access to multiple trading platforms, including versions for iPhone/iPad, Android, and Windows, catering to the needs of different traders. INTERDEVFX offers two types of accounts, Standard and Prime, with competitive spreads starting from 0 pips. They also provide leverage of up to 1:500 for currencies and metals, and up to 1:200 for commodities and indices.
However, it's important to note that INTERDEVFX is not a regulated broker and may be a suspected fake clone. The company lacks valid regulation and there are concerns about the legitimacy of the United States NFA regulation licenses claimed by the broker. Traders should exercise caution and thoroughly research the legitimacy and regulatory status of the broker before considering any investment decisions. Additionally, there are several cons associated with INTERDEVFX, including poor customer support, platform malfunctions, a lack of transparency, and limited research tools, which may contribute to a less favorable trading experience.
Is INTERDEVFX Legit？
INTERDEVFX is not a regulated broker. The information available indicates that INTERDEVFX does not possess a valid regulation. It is crucial to be cautious and recognize the associated risks when considering engaging with an unregulated broker. Furthermore, there are concerns about the legitimacy of the United States NFA regulation licenses claimed by this broker (license numbers: 0547365 and 0552197), as they are suspected to be clones. It is important for traders to exercise due diligence and thoroughly research the legitimacy and regulatory status of a broker before making any investment decisions.
Pros and Cons
NTERDEVFX presents a challenging evaluation due to its suspected fake clone status, which raises doubts about its credibility.Several cons come to light, including poor customer support, frequent platform malfunctions, and a lack of transparency regarding the company's operations. Additionally, INTERDEVFX lacks comprehensive research tools, limiting the analytical capabilities of its users. These factors contribute to a less favorable trading experience and cast doubts on the broker's reliability.
Trading Instruments
Interdevfx offers a variety of trading instruments for its clients, including currencies, metals, commodities, indices, shares, and cryptocurrencies.
Currencies: Interdevfx allows trading in over 60 forex currency pairs. These include major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs such as AUD/CAD, NZD/JPY, and USD/NOK. Traders can take advantage of competitive spreads and leverage up to 1:500.
Metals: Interdevfx offers trading in precious metals, specifically gold and silver. Traders can participate in the spot metals market, where they can trade XAU/USD (Gold against the US Dollar) and XAG/USD (Silver against the US Dollar). These metals are known for their high liquidity and are often considered a safe haven during uncertain market conditions.
Commodities: Interdevfx allows trading in a range of commodities, including energy commodities like WTI Crude Oil and Brent Crude Oil, basic raw materials like copper, and agricultural commodities like cocoa, coffee, cotton, and sugar. Commodities trading offers opportunities for traders to analyze supply and demand dynamics and the impact of economic and political events on commodity prices.
Indices: Interdevfx provides access to major global indices, including USDX, VIX, S&P 500, Nikkei 225, DAX 30, and Hang Seng Index (HSI). Indices represent the overall performance of a group of stocks listed on a particular exchange. Trading indices allows investors to diversify their portfolios and take advantage of market trends and fluctuations.
Shares: Interdevfx offers trading in individual company shares or stocks. While specific examples are not provided in the given information, traders can expect to find shares of various companies listed on major stock exchanges. Trading shares allows investors to participate in the performance of specific companies and potentially benefit from their growth or decline.
Cryptos: Interdevfx also provides trading in cryptocurrencies. The specific cryptocurrencies offered are not mentioned in the given information, but popular options may include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP), among others. Cryptocurrencies have gained significant popularity and offer opportunities for traders to speculate on their price movements.
Overall, Interdevfx provides a diverse range of trading instruments across different markets, catering to the preferences and strategies of various traders and investors.
Here is a comparison table of trading instruments offered by different brokers:
Account Types
INTERDEVFX provides two types of accounts: Standard accounts and Prime accounts. While specific information regarding the account features and details is not available, there are notable aspects that differentiate these account types.
Both Standard and Prime accounts offer low spreads, starting from 0.0 pips, ensuring competitive trading conditions for users. With a wide range of over 200 trading products, clients have access to diverse investment opportunities within the INTERDEVFX platform.
To support their customers, INTERDEVFX provides round-the-clock customer service, ensuring assistance and guidance at any time. The company prioritizes liquidity by offering top-tier liquidity solutions, ensuring efficient trade execution and minimal slippage.
For traders managing multiple accounts, INTERDEVFX offers multi-account management capabilities, streamlining the process of handling various trading portfolios. Additionally, the platform ensures secure transactions through 3D verification, enhancing the safety and integrity of client transactions.
While the specific details of each account type are not mentioned, these features highlight some of the advantages that clients can expect when trading with INTERDEVFX. It is recommended to visit the INTERDEVFX website or contact their customer support for more comprehensive information on the account types and their respective features.
How to Open an Account？
To open an account with INTERDEVFX, follow these steps:
1. Register: Visit the official website and click on the “Register” button. If you encounter any issues, contact customer service for assistance.
2. Deposit: Transfer funds from your bank account or accepted payment methods to your INTERDEVFX trading account. Check the website or contact customer service for deposit options and minimum requirements.
3. Trade: Once your account is funded, you can start trading. Access a variety of trading products and use the trading platform to execute trades, monitor the market, and manage your positions.
It is important to note that if you encounter any difficulties during the account opening process, such as a blank registration page, reaching out to the customer service team is recommended.
Leverage
Interdevfx offers leverage for different trading instruments as follows:
1. Currencies: Leverage: Up to 1:500
2. Metals: Leverage: Up to 1:500
3. Commodities: Leverage: Up to 1:200
Indices: Leverage: Up to 1:200
The leverage values mentioned above are the maximum leverage offered by Interdevfx for each trading instrument. Please note that leverage can amplify both profits and losses, and it's important to understand the risks involved before using leverage in trading.
Here is a comparison table of maximum leverage offered by different brokers:
Spreads and Commissions (Trading Fees)
Spreads and commissions are important factors to consider when trading with INTERDEVFX. Let's take a look at the spreads and commissions for different trading instruments:
Currencies:
INTERDEVFX offers access to trade over 60 forex pairs with competitive spreads and fast execution. The average spreads for currency pairs vary depending on the specific pair. For example, the AUDCAD pair has average spreads of 2.1 pips for Standard accounts and 0.6 pips for Prime accounts. The AUDUSD pair has average spreads of 1.6 pips for Standard accounts and 0.2 pips for Prime accounts. The leverage for currency pairs is up to 500, and the maximum volume per click is 100.
Metals:
INTERDEVFX provides gold and silver products with competitive spreads of 0.8 pips. The XAGUSD (Silver - US Dollar) pair has an average spread of 1.9 pips for Standard accounts and 0.4 pips for Prime accounts. The XAUUSD (Gold - US Dollar) pair has an average spread of 3.0 pips for Standard accounts and 0.8 pips for Prime accounts. The leverage for metals is 500, and the maximum volume per click is 20.
Commodities:
INTERDEVFX offers commodities trading with competitive spreads starting from 1.7 pips. Some of the commodities available for trading include WTI Crude Oil, Brent Crude Oil, Copper, Cocoa, Coffee, Cotton, Natural Gas, and more. The average spreads for these commodities vary. For example, WTI Crude Oil has an average spread of 4.1 pips for Standard accounts and 1.8 pips for Prime accounts. The leverage for commodities is up to 1:200, and the maximum volume per click varies depending on the commodity.
Indices:
INTERDEVFX provides major index products from around the world, including USDX, VIX, SP 500, Nikkei 225, DAX30, and more. The average spreads for indices start from 0.5 pips. For example, the Nikkei225 (Nikkei Index Cash CFD) has an average spread of 99.3 pips for both Standard and Prime accounts. The SP500 (S&P Index Cash CFD) has an average spread of 7.0 pips. The leverage for indices is up to 1:200, and the maximum volume per click varies depending on the index.
These are just some examples of the spreads and commissions for different trading instruments offered by INTERDEVFX. It's important to note that spreads and commissions can vary and may be subject to change. Traders should always check the latest information on spreads and commissions from INTERDEVFX before making any trading decisions.
Non-Trading Fees
INTERDEVFX does not provide specific information about its Non-Trading Fees on its website. Non-Trading Fees on trading platforms generally include deposit and withdrawal fees, platform usage fees, activity fees, currency conversion fees, and commissions/transaction fees. These fees vary between platforms and can have different structures and amounts. It is essential to review the fee structure of a trading platform to understand any potential Non-Trading Fees that may apply.
Deposit & Withdraw Methods
The INTERDEVFX website does not provide specific information about the process of depositing and withdrawing funds.It is important for traders to familiarize themselves with the deposit and withdrawal policies of INTERDEVFX, which may include any associated fees, processing times, and minimum/maximum limits. Traders are advised to seek clarification from INTERDEVFX's customer support or refer to their official documentation for precise details regarding depositing and withdrawing funds from their trading accounts.
Trading Platforms
INTERDEVFX offers trading platforms that cater to the needs of different users. They provide platforms for iPhone/iPad, Android, and Windows devices.
For iPhone and iPad users, INTERDEVFX has a dedicated trading platform available on the App Store. This platform allows traders to access real-time market data, execute trades, monitor positions, and manage accounts from their Apple devices.
Android users can download a specialized trading platform from the Google Play Store. This platform enables traders to stay connected to the markets, execute trades, monitor positions, and manage accounts conveniently on their Android devices.
Windows users can install a compatible trading platform on their computers. This platform provides a comprehensive set of tools and features, including market analysis, trade execution, alerts, and advanced charting tools.
INTERDEVFX aims to provide a user-friendly trading experience across different devices and operating systems. The trading platforms ensure traders can access the markets, execute trades, and manage their accounts effectively, regardless of their preferred device.
Customer Service
INTERDEVFX offers customer service options to assist clients with their inquiries and concerns. Clients can contact the customer support team through email at services@interdevfx.com, and they guarantee a response within 24 hours. For immediate assistance, there is a Livechat feature available, where clients can engage in real-time conversations with customer support representatives. The company strives to respond within 2 minutes through Livechat.
Additionally, clients can use a contact form on the website to leave a message with their name, country, telephone number, and email address. The customer service team operates 24/7, ensuring support is available at any time. The company's headquarters are located at 11 Broadway, New York, NY 10004.
INTERDEVFX emphasizes their dedication to providing prompt and effective customer support.
Educational Resources
INTERDEVFX offers a range of educational resources to help clients enhance their trading knowledge and skills. These resources include “Market Ahead” for market insights and analysis, an “Economic Calendar” for staying updated on upcoming economic events, and “Video Tutorials” for visual learning on various trading topics.
Clients can also explore the “Trading Knowledge” section, which provides educational articles and guides, as well as access “Trading Instructions” for effective platform usage and trade execution. Additionally, INTERDEVFX offers “Glossaries” to help clients understand trading terminology.
These educational resources are designed to empower clients with the necessary information and skills to make informed trading decisions and improve their overall trading experience.
Bonus
INTERDEVFX offers a bonus promotion to its traders. The promotion includes a 20% exclusive bonus deal that aims to enhance traders' trading potential. Traders have the opportunity to receive a bonus amount of up to $10,000, based on their deposit. The bonus funds can be used for trading purposes and are also eligible for withdrawal.
To benefit from the exclusive bonus, traders can apply for it through their INTERDEVFX account. By doing so, traders can take advantage of a potentially higher trading balance and explore the various trading opportunities available on the platform.
INTERDEVFX emphasizes the importance of education by providing a Trading Academy where traders can access resources to learn about buying and selling, trading knowledge, trading instructions, economic calendars, video tutorials, and glossaries. These educational resources aim to equip traders with the necessary knowledge and skills to make informed trading decisions.
Overall, the bonus offered by INTERDEVFX serves as an additional incentive for traders to maximize their trading potential and explore the services provided by the online trading platform. Traders have the opportunity to benefit from the bonus amount and use it to enhance their trading activities within the platform.
Conclusion
In conclusion, INTERDEVFX offers a wide range of trading instruments and multiple trading platforms for traders to choose from. However, it is important to note that the company lacks valid regulation, which raises concerns about its legitimacy and reliability. Disadvantages of INTERDEVFX include poor customer support, platform malfunctions, a lack of transparency, and limited research tools. Traders should exercise caution and conduct thorough research before considering any involvement with INTERDEVFX, as these disadvantages may contribute to a less favorable trading experience.
FAQs
Q: Is INTERDEVFX a regulated broker？
A: No, INTERDEVFX is not regulated and may be a suspected fake clone.
Q: What trading instruments are available on INTERDEVFX？
A: INTERDEVFX offers trading in currencies, metals, commodities, indices, shares, and cryptocurrencies.
Q: What is the minimum deposit required to open an account with INTERDEVFX？
A: The minimum deposit requirement is not specified in the available information.
Q: What is the maximum leverage offered by INTERDEVFX？
A: INTERDEVFX offers leverage of up to 1:500 for currencies and metals, and up to 1:200 for commodities and indices.
Q: What are the spreads like on INTERDEVFX？
A: Spreads on INTERDEVFX start from 0 pips, but specific details are not provided for all trading instruments.
