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.
International Forex Review Summary | |
Registered Country/Region | United Kingdom |
Regulation | Suspicious Clone NFA License |
Market Instruments | Currency pairs, Spot and forward contracts, Futures, Options, CFDs, ETFs, Forex indices |
Trading Platforms | MT5 |
Customer Support | Tel: +1 (318)491-8005; Email: support@international-forex.com |
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.
Logo | National Futures Association (NFA) |
Current Status | Suspicious Clone |
Regulated by | United State |
License Type | Common Financial Service License |
License No. | 0538805 |
Licensed Institution | INTERNATIONAL 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.
Wealth Global's official website is currently unfunctional. We are not informed of their trading conditions and trading platforms.
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.
International Forex claims to be regulated by NFA, but its license is suspected to be a fake clone.
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.
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
Classification | Unable to Withdraw |
Date | 2024-03-17 |
Post Country | Taiwan, 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 2. Unable to Withdraw
Classification | Unable to Withdraw |
Date | 2022-06-06 |
Post Country | Taiwan, 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
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.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
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