IntraO was a new unlicensed / offshore Forex Broker clone, that opened on September 8th 2022. Less than a year later, and the website no longer works. Just another scam broker.
We were the first review website to expose this company, and now you will see the FCA has warned investors about this company.
IntraO brokers is actually a clone of Wixi and Bullexo. They claim to be owned by a company called IntraO Inc, but they offer no address of their offices. They are probably located in Saint Vincent and Grenadines, since they are displaying an SVGFSA logo on their website, but there is no way of knowing for certain.
Contact phone number is: +442033188788. Customer support email address is: [email protected]. Official website & login is at: https://IntraO.com.
For complaints or withdrawal problems, read more here.
IntraO Broker Reviews
Our review of this new broker called IntraO was pretty easy to do, as there are so many other white label brokerage firms offering the same trading platform. The trading app they are offering investors is called Panda TS, and a quick search of our website will find many other brokers that are using this platform.
It is only available as a web-based CFD trading platform. Take a look at the screenshot below, and you will see what their CFD trading app looks like. You will not find a mobile trading app, and you will not be able to use MT4 or MT5. It is important to use a broker that offers MT5, because that is the industry standard trading app. If you are interested in switching brokers, the learning curve will be very difficult.
Funded traders will find that the broker offers hundreds of underlying assets available for CFD trading. CFD trading is broken down into these categories; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes.
IntraO.com’s website and trading platform is available in English. The base currency is set to USD by default, with no ability to change the account currency to EUR. Leverage / Margin trading is available with rates between 1:100 and 1:600, depending on your account type.
They officially offer five different account types, and the starting minimum deposit requirement amount is $500. Deposits into your trading account is only available via Crypto transfer. A big problem when depositing Crypto into your brokerage account, is that you are losing typical credit card protection, therefore the transaction cannot be reversed.
Is IntraO a Regulated Broker?
No, IntraO is not a licensed or regulated broker. They are just another offshore broker with no regulatory oversight, and you can see what the FCA in the United Kingdom says to investors about unregulated brokers, read more.
The Scam Broker Investigator has been reviewing brokers since 2013, and more than 400 of them already disappeared. Our proven method when reviewing a new trading broker to see if they are a legitimate or a scam broker is straight forward. We check to see if the broker is licensed and regulated by the governments regulatory agency.
All online brokers in the United Kingdom must be licensed and regulated by the FCA. Each country has a financial regulatory agency to monitor online brokers. You can choose to send your money to an offshore broker, but just don’t expect to get it back.
Go look at the regulated CFD brokers that are listed here.
Bitcoin Circuit Trading App
90% of newbie investors today get hooked into investing via a trading app like Bitcoin Circuit. Just like you, we also found this new broker, because we took the bait and signed up for Bitcoin Circuit. The problem with these fake trading apps is, that most of them don’t make money, and you lose your investment fast.
Fake news websites advertise these trading apps, and illegally use the names of trusted money experts like Martin Lewis.
Take a few minutes and educate yourself on the pitfalls of using an automated trading apps, read this.
Use a Regulated Broker
You have so many online brokers to choose from today, and therefore, you should look at the most popular licensed brokers.
ForTrade is a regulated broker that many investors are using today. They give you Trading Signals, MT4 an intuitive trading platform. They are regulated in Europe, Canada and Australia.
Open a Free Trading Account, Signup here.
If you are an existing investor at IntraO, please share your experience in the comments.