Intelligence-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Intelligence is a US registered broker, operated by Intelligence Coverage Group Limited, offering a series of financial instruments including forex pairs, commodities, precious metals, gold and silver, crude oil. Intelligence does not fall under any regulatory agency at this stage. So, it is unsafe to invest with this broker.

Official Website Unavailable

Since Intelligences official website cannot be opened at this stage, and we can only grap some useful information from some broker-reviewing websites to get a rough idea of this broker.

Market Instruments

Tradable financial instrument available on the Intelligence platform include currency pairs, commodities, indices as well as stocks.

Minimum Deposit

Intelligence mentions that it offers three trading account: Mini, Standard and Advanced accounts, but does not disclose its minimum deposit requirement. Since Intelligence is an unregulated broker, its initial account balance requirement does not matter that much.

Micro Trade Size

The micro trade size allowed by Intelligence is 0.01 lots. Although this is friendly to beginners, traders are not advised to start real trading here given the fact that Intelligence is an untrustworthy broker.

Leverage

Intelligence does not tell us its trading leverage. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Intelligence hypes that it offers spreads as low as 0 pips, which is too low to be true. Unregulated brokers always love to advertise its low trading costs to attract then scam traders.

Trading Platform Available

When it comes to trading platform available, Intelligence offers its trader the leading MT4 trading platform. However, given the fact that Intelligence is not subject to any regulation, traders are not advised to trade on its platform in case of heavy fund losses.

Deposit & Withdrawal

Intelligence only says it offers fast and convenient payment methods, but does not make it clear about its detailed funding options.

Customer Support

Intelligence customer support cannot be reached through any telephone number or email address., which is a red flag.