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0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

intermagnum

Seychelles Seychelles | 2-5 years |
Regulated in Seychelles | Derivatives Trading License (EP) | Suspicious Scope of Business | Medium potential risk | Offshore Regulated

https://intermagnum.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Mexico Mexico 3.13
Surpassed 33.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 7477171790
https://intermagnum.com/
Office No. 3, Room 2, 1st Floor, Dekk House, Zippora Street, Providence Industrial Estate, Mahe, 673310, Seychelles
The WikiFX Score of this broker is reduced because of too many complaints!
Warning: Low score, please stay away!
  • The current information shows that this broker does not have a trading software. Please be aware!
3

Basic Information

Registered Region
Seychelles
Operating Period
2-5 years
Company Name
Magnum International Markets Ltd.
Customer Service Email Address
support@intermagnum.email
Contact Number
+447477171790
FX3411035512

FX3411035512

Unverified

Peru

They deceived me, they told me you were going to withdraw, and they made me pay fees and commissions. After paying, the interest came, and the amount became so high. Now I have to pay more because the interest rates went up, and they keep rising. Now I have to make more deposits, and there's no end in sight. They drove me to bankruptcy with debts, and I ended up sick from the stress. I have children who depend on me. It's not fair that they deceived me like this. Now they threaten to close my account—they're relentless about the payments. I can't take it anymore.

Exposure

Marta Lizcano

Marta Lizcano

Unverified

Spain

They have blocked my money and are not providing a code to be able to withdraw it. They tell me I have to put in more money to recover all the capital and they don't offer any solution other than that.

Exposure

Ramón 9135

Ramón 9135

Unverified

Costa Rica

Unable to withdraw my money, they have blocked my account with something like 8000 dollars and they won't let me withdraw anything. It's incredible that these people with the score they have, I can't trade, I can't do anything, I have everything blocked, I don't know what these people are going to do with my money, and this has been going on for months, and no one does anything for me. I suggest someone steps up and addresses my issue.

Exposure

Ramón 9135

Ramón 9135

Unverified

Costa Rica

Well, they have earned $8000 from me and have put a lock on it, saying that I have to pay the Swap separately, I don't know why. They have not wanted to give me the money or communicate with me. Only one person communicates with me to charge me $1500 to release the account and then they will give me the money. I don't understand why I have to pay if the Swap is automatically released. They are charging me and getting upset because I don't deposit the $1500. I want someone to take action on this issue to see if I can get my money. It has been several months of this and they have not solved anything. Thank you to whoever listens and reads this, please help me.

Exposure

4
Account
Biz Area
Website
Company Summary
Wiki Q&A
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Official Website

Website

  • intermagnum.com
    104.21.92.25
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

InterMagnum Review Summary
Founded2023
Registered Country/RegionSeychelles
RegulationFSA (Offshore regulated)
Market InstrumentsForex, Stocks, Indices, and Commodities
Demo Account
LeverageUp to 1:400
SpreadFixed
Trading PlatformInterMagnum
Minimum Deposit$250
Customer Support24/7 support
Email: support@intermagnum.email
Phone: United Kingdom: 447477171790
Ecuador: 593963871774
Peru: 5115104079
Mexico: 524291380075
Panama: 5078511275
Chile: 56412909764
Colombia: 576018418530
Costa Rica: 50641018215
El Salvador: 50321366850
Brazil: 556135505544
Address: Office No. 3, Room 2, 1st Floor, Dekk House, Zippora Street, Providence Industrial Estate, Mahe, 673310, Seychelles

InterMagnum Information

InterMagnum is a broker registered in Seychelles, offering trading in Forex, Stocks, Indices, and Commodities with leverage up to 1:400 and fixed spreads on InterMagnum platform. The minimum deposit is as high as $250. It offers a variety of account types and flexible payment methods.

InterMagnum Information

Pros and Cons

ProsCons
24/7 supportAccount inactivity fees charged
Various trading instrumentsOffshore regulation risks
Demo accounts availableNo MT4 or MT5
Various payment methodsHigh minimum deposit
Real-time signals andprice alerts
Live market updates
Fast execution of orders

Is InterMagnum Legit?

InterMagnum is offshore regulated by the Seychelles Financial Services Authority (FSA).

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Seychelles
Seychelles Financial Services Authority (FSA)Offshore RegulatedMagnum International Markets LtdRetail Forex LicenseSD132
license

What Can I Trade on InterMagnum?

These are the instruments that can be traded on InterMagnum: Forex, Stocks, Indices, and Commodities.

Trading AssetsAvailable
Forex
Stocks
Indices
Commodities
Cryptocurrencies
Bonds
Options
Funds
ETFs

Account Type

InterMagnum provides a demo account that allows clients to conduct testing without real money.

Account Types

InterMagnum offers five liveaccounts: Basic, Bronze, Silver, Gold, and Platinum. These accounts allow for the trading of distinct instruments. The higher the deposit amount, the greater the variety of products that can be traded. Here is information on the five types of accounts:

Account TypeMinimum DepositMaximum LeverageCommission Discount
Basic$2501:200Standard
Bronze$1,00015%
Silver$2,50065%
Gold$10,0001:30075%
Platinum$25,0001:40085%
Account Types
Account Types

Fees

Platinum account holders will be charged a service fee of 3.5% or $30 USD on all other withdrawals except for the first withdrawal, whichever is higher.

Fees

Traders need to pay a profit clearance fee when trading on the InterMagnum platform. This depends on the profit generated by each position.

Fees
Fees

Accounts that do not execute any trades within 60 days will be charged a $50 dormant account management fee. It is deducted every month thereafter until the account is reactivated or its balance reaches zero.

Fees

InterMagnum will charge a monthly maintenance fee to traders who have made trades.

Fees

Trading Platform

Intermagnum is a cutting-edge automated software specifically designed for trading Bitcoin and other cryptocurrencies.

Trading PlatformSupported Available Devices Suitable for
InterMagnumDesktop, Mobile, Tablet/
MT4/Beginners
MT5/Experienced traders

Deposit and Withdrawal

InterMagnum offers the following payment methods: Comodo, Visa, Mastercard, Wire Transfer, Instant EFT, and Wealth.

Deposit and Withdrawal

Keywords

  • 2-5 years
  • Regulated in Seychelles
  • Derivatives Trading License (EP)
  • Suspicious Scope of Business
  • Medium potential risk
  • Offshore Regulated

Wiki Q&A

What is the regulatory status and risk profile of Intermagnum?

Intermagnum, operating as Magnum International Markets Ltd., holds an offshore Derivatives Trading License (SD132) from the Seychelles FSA. It is classified as an offshore-regulated entity, which generally provides a lower level of investor protection and financial oversight compared to major regulators like the UK's FCA or Australia's ASIC, contributing to its higher-risk profile.

Two days ago
United States

When was Intermagnum established?

Magnum International Markets Ltd. has been operating in the market for between 2 and 5 years, with its corporate headquarters registered in the Seychelles.

Two days ago
United States

How can I withdraw money from Intermagnum?

Information on specific withdrawal methods, processing times, or potential fees for Intermagnum is not publicly disclosed on their main channels. This is a significant factor for traders to consider, as a clear and accessible withdrawal policy is a cornerstone of client fund security.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com