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International Forex Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-05 18:41

Abstract:Registered in the United Kingdom, International Forex is an online trading platform, offering multiple market instruments like currency pairs, spot and forward contracts, futures, options, CFDs, ETFs, and forex indices through the MT5 trading platform without regulatory oversight.

  Note: International Forex's official website: https://www.internationalforex.vip/ is currently inaccessible normally.

General Information

International Forex Review Summary
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone NFA License
Market InstrumentsCurrency pairs, Spot and forward contracts, Futures, Options, CFDs, ETFs, Forex indices
Trading PlatformsMT5
Customer SupportTel: +1 (318)491-8005; Email: support@international-forex.com

International Forex Information

  Registered in the United Kingdom, International Forex is an online trading platform, offering multiple market instruments like currency pairs, spot and forward contracts, futures, options, CFDs, ETFs, and forex indices through the MT5 trading platform without regulatory oversight.

International Forex Information

Is International Forex Legit?

LogoNational Futures Association (NFA)
Current StatusSuspicious Clone
Regulated by United State
License TypeCommon Financial Service License
License No.0538805
Licensed InstitutionINTERNATIONAL FOREX GLOBAL LIMITED

  Despite lnternational Forex claims to be regulated by NFA, international Forex's license is a suspicious clone. Bycontrast, regulated brokers usually comply with industry standards to protect clients' investment.

Suspicious clone NFA license

Downsides of International Forex

  • Unavailable Website

  Wealth Global's official website is currently unfunctional. We are not informed of their trading conditions and trading platforms.

  • Lack of Transparency

  We can not find any further information about international Forex. The lack of leverage information for a broker can undermine financial stability, transparency, and trust.

  • Regulatory Concerns

  International Forex claims to be regulated by NFA, but its license is suspected to be a fake clone.

Negative International Forex Review

  On WikiFX, “Exposure” is posted as a word of mouth received from users.

  Traders must review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative International Forex Review

  As of now, there are 95 pieces of negative exposure in the total 97 reviews. I will introduce 2 of them.

  Exposure 1. Forex Scheme

ClassificationUnable to Withdraw
Date2024-03-17
Post CountryTaiwan, China

  The user said he couldn't get his money back after investing in this platform. Then he later realized it was a forex Ponzi scheme. Check out this review in the link: https://www.wikifx.com/en/comments/detail/202403173152360903.html

Exposure 1. Forex Scheme

  Exposure 2. Unable to Withdraw

ClassificationUnable to Withdraw
Date2022-06-06
Post CountryTaiwan, China

  The user said he had not been able to withdraw money and was told to pay a large fee to withdraw money. Check out this review in the link: https://www.wikifx.com/en/comments/detail/202206063782391833.html

Exposure 2. Unable to Withdraw

Conclusion

  Operating trading on International Forex is not recommended since its lack of regulation, unfunctional website, and a substantial amount of reported withdrawal issues. Traders are encouraged to trade with platforms with regulation and more transparent trading conditions.

Related broker

No Regulation
International Forex
Company name:International Forex.
Score
1.48
Website:https://www.internationalforex.vip/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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