Note: INTERVATEs official site - http://www.intervatefx.com/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is INTERVATE？
INTERVATE is a trading platform that claims to offer a variety of market instruments and the widely praised MT5 to its clients.
However, caution is advised due to certain concerning factors. Firstly, INTERVATE currently lacks valid regulation. Additionally, reports suggest that the official website of INTERVATE is inaccessible, raising suspicions that the trading platform may have absconded.
Furthermore, there have been reports of users experiencing difficulties with withdrawals and instances of scams associated with INTERVATE.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
INTERVATE Alternative Brokers
There are many alternative brokers to INTERVATE depending on the specific needs and preferences of the trader. Some popular options include:
AETOS - A global forex and CFD broker providing competitive trading services and advanced trading platforms to traders worldwide.
Robinhood - A commission-free online brokerage platform offering fractional shares, an intuitive mobile app, and a user-friendly interface.
Markets.com - A well-regulated online trading platform offering a comprehensive suite of trading tools, educational resources, and excellent customer support.
Is INTERVATE Safe or Scam？
INTERVATE currently has no valid regulation, which means that there is no government or financial authority oversighting their operations.
Besides, the official website of INTERVATE is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.
If you are considering investing with INTERVATE, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
Market Instruments
INTERVATE offers a variety of market instruments for trading. These include:
Forex: INTERVATE provides access to the Forex market, allowing traders to trade over 40 currency pairs. Forex, also known as foreign exchange, involves buying and selling different currencies with the aim of profiting from fluctuations in their exchange rates.
Precious Metals: INTERVATE enables trading in precious metals like gold and silver. These metals have been traded as currencies or commodities for centuries and offer diversification and hedging opportunities for investors.
Energy: INTERVATE offers market instruments related to various forms of energy. This includes mineral energy (such as oil and natural gas), nuclear physical energy, atmospheric circulation energy, and geological energy. =
CFDs: INTERVATE also provides the option to trade Contracts for Difference (CFDs). CFDs are derivative products that allow traders to speculate on the price movements of various financial instruments without owning the underlying assets. This includes instruments like stocks, indices, commodities, and currencies.
Leverage
INTERVATE offers a maximum leverage of 1:1000 to its traders. Leverage is a tool commonly used in financial trading that allows traders to control a larger position with a smaller amount of capital. With a leverage ratio of 1:1000, traders have the ability to multiply their trading capital by a factor of 1000.
Leverage can be an attractive feature for traders as it amplifies potential profits. For example, with 1:1000 leverage, a trader who invests $1,000 can effectively control a position worth $1,000,000. This means that even small price movements can result in substantial gains.However, it is important to understand that leverage also magnifies potential losses.
Trading Platform
INTERVATE offers the widely acclaimed MetaTrader 5 (MT5) trading platform to its clients. MT5 is a powerful and comprehensive trading platform that provides traders with a wide range of features and tools to analyze markets, execute trades, and manage positions.
The MT5 platform supports multiple asset classes, allowing traders to trade in various markets such as Forex, stocks, commodities, and indices, all from a single platform. This provides convenience and flexibility, as traders can access and manage multiple trading accounts and instruments seamlessly.
User Exposure on WikiFX
On our website, you can see that reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Customer Service
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +852 51279871
Email: support@intervatefx.com
Conclusion
In conclusion, investing with INTERVATE carries significant risks due to several concerning factors. The most notable issue is the lack of valid regulation, indicating that there is no government or financial authority oversight of their operations. This absence of regulatory oversight raises concerns about transparency, accountability, and the protection of investors' interests.
Additionally, the inaccessibility of INTERVATE's official website suggests potential irregularities or unavailability of services. Furthermore, reports of users facing difficulties with withdrawals and instances of scams associated with INTERVATE raise further red flags.
Considering these factors, individuals should exercise extreme caution and thoroughly research alternative investment options that are regulated and offer a greater level of trust and security.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2023-03-21 10:17
2023-03-10 18:25
