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Intrinite -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2021-12-14 16:15

Abstract：Intrinite is a Saint Vincent and the Grenadines registered forex and CFD broker, allegedly offering more than 700 financial instruments including currencies, stocks, cryptos and more through the leading MT4 trading platform.

General Information

Intrinite is a Saint Vincent and the Grenadines registered forex and CFD broker, allegedly offering more than 700 financial instruments including currencies, stocks, cryptos and more through the leading MT4 trading platform.

Regulation

Intrinite is a trading name of Intrinite Limited with registration number 25829 BC 2020. Intrinite Limited is a Business Company in Saint Vincent and the Grenadines. Registered address is: Suite 305, Griffith Corporate Centre, Beachmont Kingstown, St.Vincent and the Grenadines. There is zero eveidence that Intrinite is regulated. Please be aware of the risk.

Market Instruments

Intrinite advertises that it offers trading in Currency Pairs, CFDs on Metals, Stocks & Indices, as well as Cryptocurrency, ETFs, Spot Energy.

Minimum Deposit

Intrinite does not requires any minimum deposit. Although this sounds encouraging, given the fact that Intrinite is unregulated anyway, traders are not advised to register real trading accounts here.

Micro Trade Size

The minimum trade size allowed by Intrinite is 0.01 lots, and the maximum trade size is up to 50 lots in the Standard account and 100 lots in the Professional account. The maximum number of positions is 100.

Leverage

Intrinite offers flexible trading leverage, from 1:1 to 1:100. Since leverage can magnify returns as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

The Standard account is offered a commission free environment, with the spreads as low as 1.8 pips. The spreads in the professional account is from 0.2 pips, with a commission from $16 round turn 100k traded.

Trading Platform Available

When it comes to trading platform available, Intrinite provides it traders with the MT4 trading platform, supporting PC, Mobile and Tablet devices. Intrinite MT4 provides extensive technical and fundamental analysis tools of all levels with a wide variety of built-in technical indicators, charting capabilities and graphical tools for price analysis. Intrinite traders can set up their own automated trading strategies via MT4 Expert Advisors (EA), which allows them to take advantage of market.

Deposit & Withdrawal

In terms of payment methods working with this broker, Intrinite does not make this part clear. In most cases, most brokers support traders to fund their accounts through Credit Card (VISA, MASTERCARD, MAESTRO), Wire Transfer, as well as online payment processors including PalPay, Skrill and Neteller.

Customer Support

Intrinite does not offer a decent customer support, and they can be only reached through some social media platforms, including Facebook, Twitter and Youtube. There even no a telephone number or an email address available.

Leverage Broker Dealer Currency Pair Commission

Related broker

No Regulation

Intrinite

Company name：Intrinite Limited

Score

1.53

Website：https://intrinite.com/#

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.53

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