WikiFX Review: This broker may not be what you thought it was

What INTRGROUPS is

Established in 2019, INTRGROUPS is an online forex broker offering traders trading of commodities, currencies, indices, shares, cryptocurrencies, and CFDs. INTRGROUPS is located in the United Kingdom. The specific address of this broker is 20th Floor, One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom. Due to its reliability, WikiFX gives INTRGROUPS a poor rating of 1.34/10. WikiFX doesn‘t recommend investors to work with a broker whose score is as low as INTRGROUPS’s.

Regulation

INTRGROUPS is an unregulated broker. As you can see from WikiFX, WikiFX has marked it as “No License”. An unregulated broker is more likely to take people's money away fraudulently, after that, no one can hold them accountable since it is not regulated by any regulatory institution around the world.

Account Types&Minimum Deposit

INTRGROUPS provides traders with five different types of accounts. They are SILVER, GOLD, PLATINUM， DIAMOND, and VIP. In order to open the lowest level account(SILVER) in INTRGROUPS, you have to deposit at least €10,001.

Leverage

Different accounts have different leverage indexes. For the SILVER account, the leverage is 1:20. For the GOLD account, the leverage is 1:40. For the PLATINUM account, the leverage is 1:60. For the DIAMOND account, the leverage is 1:100. For the VIP account, the leverage is 1: 150.

Withdrawal

According to the INTRGROUPS website, if clients withdraw their money in the first 90 days, their memberships will be canceled by this broker.

Customer Support

Clients can contact INTRGROUPS through email and phone. INTRGROUPS claims that its support team is available 24/6 to offer any support clients may require.

Non- MT4/MT5 Trading Platform

It seems that INTRGROUPS doesn't use the MT4/MT5 platform as its main trading platform. Instead, this broker uses its 3 robust platforms. Please be aware of the potential risks.

Feedback from Traders

As of May 12, 2022, we don‘t have the exposures related to this broker on WIkiFX yet. However, it doesn’t mean investors can fully trust INTRGROUPS.

Conclusion

Please be warned that INTRGROUPS maybe get involved in a scam since It is not regulated by any regulatory institution, including FCA. We suggest you do more research and make yourself comfortable before you choose a certain broker to invest in. WikiFX contains details of more than 34,000 global forex brokers, which gives you a huge advantage while seeking the best forex brokers. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link(https://www.wikifx.com/en/download.html).