deposit:
- $250
Trading platform:
- Proprietary web platform
IntrGroups Review 2024
Summary of IntrGroups Trading Company
IntrGroups is a trademark of Mindworks Ltd registered in Saint Vincent and the Grenadines. This country’s financial regulator, the SVG FSA, has stated multiple times that it does not supervise the Forex and cryptocurrency markets. IntrGroups does not have licenses in other jurisdictions, which means the broker is not regulated.
Previously, on its official website, IntrGroups promised favorable conditions – 6 account types, variable spreads, and leverage up to 1:150. Now, the website is not available and there are a huge number of negative reviews from users who tried trading with this broker. Former clients point out groundless account blocking, denied withdrawal requests, fake quotations, and poor performance of the trading platform.
In January 2020, the British FCA (Financial Conduct Authority) published a warning that IntrGroups renders financial services without its authorization. The FCA also advised not to cooperate with unregulated companies so as not to lose money.
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Trading Conditions for IntrGroups Users
💻 Trading platform: | Proprietary web platform |
---|---|
📊 Accounts: | No |
💰 Account currency: | No |
💵 Replenishment / Withdrawal: | No |
🚀 Minimum deposit: | $250 |
⚖️ Leverage: | 1:1-1:150 |
💼 PAMM-accounts: | No |
📈️ Min Order: | No |
💱 Spread: | From 1.6 pips on Basic accounts |
🔧 Instruments: | No |
💹 Margin Call / Stop Out: | No information |
🏛 Liquidity provider: | No |
📱 Mobile trading: | No |
➕ Affiliate program: | No |
📋 Orders execution: | Market |
⭐ Trading features: | No |
🎁 Contests and bonuses: | No |
Contacts
Registration address | Suite 305, Griffith Corporate Centre, Beachmont, PO Box 1510, Kingstown, St Vincent and the Grenadines. |
Disclaimer:
Your capital is at risk. Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. IntrGroups and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has IntrGroups been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against IntrGroups by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of IntrGroups is down, not updated or operates with clear errors and some features are not available;
• IntrGroups has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if IntrGroups got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why IntrGroups got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from IntrGroups?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if IntrGroups is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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