Score
Intertrades Fx
United Kingdom|2-5 years| https://intertradesfx.com/
Website
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Licenses
Single Core
1G
40G
Contact number
+44 1 392 58 0798
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Broker Information
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Intertrades Fx
Intertrades Fx
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The United KingdomFCA regulation (license number: 597312) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1: 200 |
| Minimum Deposit | $ 10,000 |
| Minimum Spread | 0.01 |
| Products | 50 CFDs, 50+ Forex, 14 Indexes, 4 Metals, 12 Crypto |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1: 100 |
| Minimum Deposit | $ 5000 |
| Minimum Spread | 0.006 |
| Products | 40 CFDs, 40+ Forex, 7 Indexes, 4 Metals, 8 Crypto |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1: 100 |
| Minimum Deposit | $ 1000 |
| Minimum Spread | 0.012 |
| Products | 30 CFDs, 30+ Forex, 2 Metals, 3 Crypto |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Intertrades Fx · Company Summary
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. |
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