Introduction
If you’re looking for a comprehensive review of IntcoFX.com, you’ve come to the right place. In this article, we’ll cover everything from the company’s regulation to its platforms and traders’ ratings. IntcoFX is a Cyprus-based forex and CFD broker that offers trading in a wide range of assets, including currency pairs, stocks, indices, commodities, and cryptocurrencies. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers two different trading platforms: MetaTrader 4 (MT4) and its own web-based platform. So whether you’re looking for a broker that’s regulated by a reputable authority or one that offers a good selection of tradable assets, IntcoFX might be worth considering. Read on for our full review.
Company Overview
IntcoFX is an online brokerage firm that provides foreign exchange (forex) services to retail and institutional clients. The company was founded in 2007 by current CEO, Sami Intco, and is headquartered in Dubai, United Arab Emirates (UAE).
IntcoFX is regulated by the UAE Central Bank and offers trading in more than 50 currency pairs on the MetaTrader 4 (MT4) platform. The company also provides Islamic accounts and operates a dealing desk.
Client funds are segregated from company funds and held with major banks such as Barclays, HSBC, and National Bank of Abu Dhabi. IntcoFX is a member of the Investor Compensation Fund for Customers of Cyprus Investment Firms (ICF), which protects client deposits up to €20,000 in the event that the broker becomes insolvent.
Trading Platforms and Tools
IntcoFX.com offers its traders a choice of two different trading platforms: the popular MetaTrader 4 (MT4) platform, and the company’s own IntcoFX WebTrader platform. Both platforms are available for demo and live trading accounts.
The MT4 platform is a well-known and widely used trading platform that offers a user-friendly interface, a variety of technical indicators and charting tools, as well as Expert Advisors (EAs) for automated trading. The IntcoFX WebTrader platform is a web-based platform that requires no download or installation and can be accessed from any internet-connected device. It also offers a user-friendly interface, a variety of technical indicators and charting tools, as well as the ability to trade directly from charts.
In addition to the two main trading platforms, IntcoFX also provides its traders with a number of other useful tools and resources, including an economic calendar, market news and analysis, educational materials, and 24/7 customer support.
Account Types and Conditions
Different account types are available to choose from at IntcoFX. The main account types are the Standard Account and the ECN Account. Both of these account types offer different conditions and benefits to traders.
The Standard Account is a more traditional account type that offers fixed spreads and a minimum deposit of $500. This account type is best suited for beginner or intermediate traders who want to trade with low risk.
The ECN Account is a more advanced account type that offers floating spreads and a minimum deposit of $1000. This account type is best suited for experienced traders who want to trade with high risk and potentially earn higher rewards.
Deposit and Withdrawal Methods
IntcoFX.com offers a variety of deposit and withdrawal methods to suit the needs of its clients. Among the methods available are bank wire transfer, credit/debit cards, and e-wallets such as Skrill and Neteller. IntcoFX.com also accepts deposits in a variety of currencies, including USD, EUR, GBP, and JPY.
Withdrawals can be made via bank wire transfer, credit/debit cards, or e-wallets. Withdrawals are typically processed within 1-3 business days. There is no minimum withdrawal amount, but there is a maximum withdrawal amount of $10,000 per transaction. There may also be fees associated with certain withdrawal methods; for example, withdrawals made via bank wire transfer may incur a fee of $30.
IntcoFX.com takes pride in offering its clients fast and efficient service when it comes to deposit and withdrawal transactions. Whether you’re looking to make a deposit or withdraw funds from your account, you can be sure that IntcoFX.com will provide you with the service you need in a timely manner.
Customer Support
When researching a forex broker, be sure to take a look at their customer support options. A good broker will offer multiple ways to contact them, including phone, email, and live chat. They should also have a robust FAQ section on their website.
INTECOFX offers all of these methods of customer support, and their FAQ section is very comprehensive. Their customer service representatives are also knowledgeable and quick to respond. Overall, we were very pleased with the level of customer support offered by INTECOFX.
Education Center
IntcoFX.com is an online broker that offers forex and CFD trading on the MetaTrader 4 platform. The company is headquartered in Mauritius and is regulated by the Financial Services Commission of Mauritius. IntcoFX.com offers a wide range of currency pairs, metals, and CFDs for trading.
The Education Center on IntcoFX.com’s website provides traders with a wide range of resources to help them learn about forex and CFD trading. There are articles, videos, webinars, and more available to help traders improve their skills. The Education Center is a great resource for both new and experienced traders.
IntcoFX Review – Final Thoughts
After spending some time researching IntcoFX, we have come to the following conclusions. Overall, we think this is a very good broker. They are regulated by the FCA which instills a great deal of confidence. In addition, they offer two different types of trading platforms and a wide variety of tradable assets. The only thing that we don’t like is that their spreads are a bit on the high side when compared to other brokers.
That said, if you are looking for a reliable and reputable broker, we believe that IntcoFX would be a great choice.