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IntertradesFX

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Operating status: SCAM

Website: https://intertradesfx.org/

Broker violations and abnormal records
  • 2022-02-13 The UK FCA Warns that IntertradesFX is a Clone Firm

    On 14 Feb 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that IntertradesFX is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/intertradesfx-clone-eea-authorised-firm

    On 14 Feb 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that IntertradesFX is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/intertradesfx-clone-eea-authorised-firm
  • 2022-09-06 BrokersView has Reviewed that IntertradesFX is an Unregulated Forex Broker

    IntertradesFX claims to be licensed by the Malta Financial Services Authority (MFSA). So we searched MFSA but did not find any matching results. That means IntertradesFX is not authorized by MFSA to provide financial services. 

    Moreover, IntertradesFX claims that it authorized by "the Financial Services SuperIntendency" in the USA. However, there is no such forex regulator in the USA. The only forex regulator in the country is the National Futures Association (NFA) of the United States. And there is no results match this broker in NFA after our searching. In other words, IntertradesFX is not regulated in the USA.

    What's more, IntertradesFX also claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA) with license number 208159. We searched UK FCA and found the regulator issued a warning, noticing that IntertradesFX is a clone firm. 

    The truth is that IntertradesFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    IntertradesFX claims to be licensed by the Malta Financial Services Authority (MFSA). So we searched MFSA but did not find any matching results. That means IntertradesFX is not authorized by MFSA to provide financial services. Moreover, IntertradesFX claims that it authorized by "the Financial Services SuperIntendency" in the USA. However, there is no such forex regulator in the USA. The only forex regulator in the country is the National Futures Association (NFA) of the United States. And there is no results match this broker in NFA after our searching. In other words, IntertradesFX is not regulated in the USA.What's more, IntertradesFX also claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA) with license number 208159. We searched UK FCA and found the regulator issued a warning, noticing that IntertradesFX is a clone firm. The truth is that IntertradesFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A

Do they accept customer from USA?

renry
Malta
2022-09-26
ANSWER IntertradesFX is not a licensed or regulated broker even though it states offers that look good to be true. IntertradesFX claims to be a trading name of Interactive Brokers (UK) Ltd, a company registered with the Financial Conduct Authority (FCA) under registration number 208159. However, when we searched in FCA, we only found this firm had been warned by FCA for being a clone firm that falsely uses regulatory information of an FCA-regulated firm. You can check the full warning from here.The truth is, IntertradesFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like IntertradesFX and trade with licensed brokers.
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