InterCapital Review – Watch Out For This Unregulated Forex Broker

As of May 2023, InterCapital.io has ceased operations. But you can read the article to avoid falling for similar scammers.

How is InterCapital Regulated Why is it important?

There are a few reasons regulation is important. First, brokers who have a Tier1 license (e.g. FCA, ASIC or BaFin) are entitled to a money-back assurance. These regulators require Forex firms to have substantial compensation funds. This money is used to reimburse victims.

The issue now is offshore brokers, such as InterCapital Forex broker. You can be easily defrauded and they have no regulation.

Do the brokers have a Tier 1 license?

After checking, we found that InterCapital is not under the FSU Dominica’s jurisdiction. This means that you don’t have any guarantees and InterCapital could disappear at any time with your funds.

Where is InterCapital.io Trading Scam Active?

To clarify, InterCapital scam is widespread. There have been many complaints about this broker, mostly from:

• Australia
• UAE
• Qatar
• Denmark

InterCapital Support Team: What does support do?

InterCapital’s support team will assist you with making your initial deposit once you have signed up. The call will include basic information such as your age, job, and trading history. They encourage you to make more than a minimum deposit.

After they are done, you will be transferred into an account manager. This person should give you basic market education. This person might ask you to download AnyDesk or TeamViewer. When you do this, the account manager can access your device as well as your online banking.

Many scammers, such as here InterCapital will use it to steal funds and then disappear.

InterCapital WebTrader Platform Review

WebTrader is InterCapital’s only trading platform. We already know that WebTrader is not a professional trading platform, as MT4 or MT5 are more sophisticated software.

We did however check the results and here is the verdict. InterCapital WebTrader, a tradingview chart that displays basic indicators and allows for unregulated leverage up to 1:400.

A Review of Trading Accounts: What Are They?

InterCapital’s trading account overview is available for those who want to know more.

• Standard Trading Account – Minimum Deposit $2,500
• Silver – $5,000
• Gold – $10,000
• VIP $50,000
• Pro Not Specified

Each account offers a higher margin, greater leverage from VIP accounts, more education and a better account manager.

Inter Capital requires a $250 minimum deposit, but it is best to not know who the firm is.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

Intercapital: Video

Below you will find a short video about Intercapital. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Intercapital!