ANSWER IntertradesFX is not a licensed or regulated broker even though it states offers that look good to be true. IntertradesFX claims to be a trading name of Interactive Brokers (UK) Ltd, a company registered with the Financial Conduct Authority (FCA) under registration number 208159. However, when we searched in FCA, we only found this firm had been warned by FCA for being a clone firm that falsely uses regulatory information of an FCA-regulated firm. You can check the full warning from here.The truth is, IntertradesFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like IntertradesFX and trade with licensed brokers.
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