InterMagnum

InterMagnum Information

InterMagnum is a trading platform focused on beginner users, offering a variety of account types and flexible payment methods. The strengths are round-the-clock support, real-time functionality, and regulated security, but higher inactivity fees, withdrawal fees, and a lack of support from mainstream trading platforms can be potential drawbacks. Due to its offshore regulatory nature, users should carefully assess the risks before deciding whether to use the platform.

Pros & Cons

Is InterMagnum Legit?

InterMagnum is an offshore regulated company by the Seychelles Financial Services Authority.

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	The Seychelles Financial Services Authority	Offshore Regulated	Magnum International Markets Ltd	Retail Forex License	SD132

What Can I Trade on InterMagnum?

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

Account Types

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

InterMagnum offers five types of accounts: 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:

Leverage

The maximum leverage for Basic, Brown, and Silver accounts is 1:200, the maximum leverage for a gold account is 1:300, and the maximum leverage for the Platinum account is 1:400.

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.

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

Accounts that do not execute any trades within 60 days will be charged a $50.00dormant account management fee. It is deducted every month thereafter until the account is reactivated or its balance reaches zero.

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

Trading Platform

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

Deposit and Withdrawal

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