Internaxx review
Internaxx is a Multi-Assets Trading Platform with over 145+ Assets
Internaxx is a multi asset platform with 145+ tradable Assets. Assets available on Internaxx include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
Internaxx trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.
Features of Internaxx
- Social Trading available
- Copy Trading available
- Internaxx offers Advanced Financial Chart comparison tools
- Internaxx offers Research-backed analysis on financial markets and investments from top analysts
- The Internaxx platform is available to use on multiple devices including and online through a Web Browser.
- Internaxx offers a trading platform with tools for both New Traders and Seasoned Experts
- Internaxx users benefit from using the Internaxx platform in over 15 different languages
Internaxx review
What you should know
Internaxx offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the Internaxx trading platform depends on the region of the world, you are in and the Internaxx entity you have an account.
With Internaxx you will need a minimum deposit of $2000. You can sign up for a demo account to acquaint yourself with Internaxx platform.
Internaxx are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Internaxx safe?
When considering Internaxx for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Internaxx, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years Internaxx have a head office in United States.
Internaxx is regulated. This means Internaxx are supervised by and is checked for conduct by the Commission de Surveillance du Secteur Financier (CSSF) regulatory bodies.
Internaxx withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Internaxx are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Internaxx are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Internaxx and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Internaxx has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Internaxx will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Internaxx, you can enjoy peace of mind and focus on your trading activities. If Internaxx violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Internaxx?
All payments made to Internaxx by traders are securely held in a segregated bank account.
Internaxx uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Internaxx use them?
Internaxx partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Internaxx clients' funds.
Internaxx clients can have greater confidence in their financial security when working with a Tier 1 bank because Internaxx are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Internaxx deposited in a Tier 1 bank?
Depositing funds with Internaxx ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Internaxx were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Internaxx is a secure and safe platform.
Please be aware that trading in financial assets with Internaxx carries a risk of loss. Internaxx trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Internaxx emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Internaxx, let's closely examine its features.
To better understand the Internaxx trading platform, you can create two separate accounts - one with real money and the other a Internaxx demo account. A Internaxx demo account provides a risk-free environment for experimenting with the Internaxx platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Internaxx trading decisions.
Open a demo account Visit Internaxx
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Internaxx as a Company Compare Against Other Brokers
Broker | internaxx | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | United States | Australia | Belize | Cyprus, UK |
Regulation | Commission de Surveillance du Secteur Financier (CSSF) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ Internaxx users | 180,000+ IC Markets users | 1,000,000+ Roboforex users | 30,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit Internaxx | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
Internaxx review
Internaxx Pros and Cons
Internaxx review
Internaxx Regulation and Licensing in more detail
Internaxx is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Internaxx going into insolvency. Internaxx compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Internaxx to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Internaxx traders.
Internaxx is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Internaxx you should be sure they're legitimate online agent.
Is Internaxx Global?
Yes, Internaxx is global as Internaxx is available in over 194 countries.
Internaxx is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Internaxx covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Internaxx has a total of more than 10,000 users.
Internaxx review
Internaxx Fees Explained
- Internaxx withdrawal fees varies on payment method
- Internaxx does charge a fee for inactive accounts.
- Internaxx does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Internaxx are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Internaxx Costs To Check
Modern brokers like Internaxx provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Internaxx may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Internaxx trading profitability.
How Internaxx Fees Compare Against Other Brokers
Broker | internaxx | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 2000 | 200 | 10 | 100 |
Withdrawal Fees | varies | No | Yes | Yes |
Inactivity Fees | No | No | Yes | |
Deposit Fees | Varies | No | No | |
CFD Commission Fees | Yes | No | Yes |
Internaxx Minimum Deposit
Internaxx requires a minimum deposit of 2000 GBP/USD/EUR when opening an Internaxx trading account.
A minimum deposit is the minimum amount of money required by Internaxx to open a new online brokerage account with them.
Don't be scared off by brokers like Internaxx charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like Internaxx, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Internaxx Withdrawal Fees
The fees for withdrawing funds from your Internaxx account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Internaxx withdrawal request is important.
Internaxx Withdrawal rules may vary across different brokers when it comes to transferring funds from your Internaxx or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Internaxx may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Internaxx withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Internaxx. Researching and comparing Internaxx withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Internaxx funds frequently or dealing with large sums of money. Awareness of these Internaxx fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Internaxx funds.
For example, Internaxx allows you to withdraw your funds to Credit cards.
Internaxx Inactivity Fees
Internaxx does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Internaxx terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Internaxx fees and services. It's recommended that you check the Internaxx website before signing up. If you decide to close your Internaxx account, it's important to do so with the Internaxx broker customer support and obtain confirmation that no remaining Internaxx fees are due.
Brokers like Internaxx must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Internaxx Deposit Fees
Internaxx do charge deposit fees.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Internaxx Commission Fees
Internaxx does charge commission on CFD instruments.
Brokerage firms like Internaxx may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Internaxx trading account level held by the trader.
Internaxx may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Internaxx terms and conditions to understand the commission fees and any other charges that may apply is essential.
Internaxx review
What can you trade with Internaxx?
It's essential to note that the trading instruments offered under the Internaxx brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Internaxx trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Internaxx over 145 instruments in fact.
If you want to trade currency pairs on global Forex markets, Internaxx offer over currency pairs.
Internaxx Compared To Other Brokers
Compare Internaxx with IC Markets and Roboforex below.
How Internaxx Trading Options Compare Against Other Brokers
Broker | internaxx | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 145 | 2250 | 100 | 5000 |
Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | No | Yes | Yes | Yes |
Energies | No | Yes | No | Yes |
Agricultural | No | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | Yes | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Internaxx
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider. |
Internaxx review
Trading on Internaxx web platforms and other applications
Internaxx provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
Internaxx also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Internaxx's platformsIs the Internaxx Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Internaxx trading platform to protect you on PC and mobile Internaxx platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Internaxx web trading platforms.
Internaxx Trading Platform Options
Internaxx does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Internaxx offers its custom trading platform developed and tested in-house. The Internaxx trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The Internaxx platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With Internaxx, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Internaxx platform, including news and quotes. Discover possible trades with the strong charting tools found with Internaxx. Internaxx is available as downloadable applications or online through the cloud. Monitor your orders with Internaxx and receive breaking news in your positions.
Internaxx Trading benefits
Internaxx Trading Accounts Offered
Below we give an overview of the account types that Internaxx offer. Whatever you are looking to trade, the varying Internaxx account types will be able to provide you with what you need.
- Internaxx Standard account
- Internaxx Islamic account
Can I try Internaxx?
Internaxx provides a demo account that enables individuals to explore trading before investing their funds. By creating a Internaxx practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Internaxx demo account can help individuals to make informed decisions before investing their money.
Open a demo Internaxx account to practice and trade.
Your capital is at risk
Internaxx withdrawal and funding methods
It's essential to remember that the payment methods provided by Internaxx vary based on the Internaxx entity and the Internaxx client's country of residence. To view the Internaxx payment options available, you can log into your Internaxx member's area.
Internaxx offers various funding payment methods listed in your Internaxx dashboard if available in your region. To learn more about the Internaxx funding and withdrawal options available in your area, you can explore the Internaxx website.
Internaxx provides several payment methods for funding your Internaxx account. You may utilize any of these deposit options if they are available in your region. Internaxx ensures that users have multiple payment methods to choose from, making it more convenient for verified Internaxx account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Internaxx user's location. learn more about Internaxx funding and withdrawal methods.Internaxx Payment Methods
Some Internaxx payment methods are local and are available only to specific regions. Internaxx account holders should check which payment methods are provided in your region.- Internaxx accepts Credit cards
Broker | internaxx | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | Yes | Yes | Yes | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | Yes | No |
Neteller | No | Yes | Yes | Yes |
*please note available Internaxx and other broker payment methods depend on the clients country of residence.
How can I start trading with Internaxx?
To open a trading account with Internaxx, individuals can sign up on the Internaxx website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Internaxx account validation and making a deposit. Once completed, Internaxx users can download the trading platform of their choice.
It's important to note that Internaxx requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Internaxx maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Internaxx trading platforms is available on their website.
Your capital is at risk
Performing trades with Internaxx
When using Internaxx, the minimum trade size is typically $4.95 units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Internaxx have a max trade of varies.
Internaxx, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Internaxx can be useful for traders starting or with limited capital.
Like other brokers, Internaxx margin requirements can differ depending on the traded instrument.
CFD Trading on Internaxx
We will show you an example of the basics of using Internaxx leverage.
CFD trading on Internaxx allows traders to speculate on the price movements of various financial instruments against the broker Internaxx, without actually owning real assets. With CFDs, Internaxx traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
Internaxx provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, Internaxx leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Internaxx trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Internaxx leverage magnifies both profits and losses in trading.
Trading CFD trades on the Internaxx platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced Internaxx traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education Resources at Internaxx
To trade effectively with Internaxx, it's important to have a good understanding of the Internaxx trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Internaxx and externally.
Internaxx . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Internaxx. Familiarizing yourself with the Internaxx trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Internaxx. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Internaxx involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Internaxx, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Internaxx. Explore the Internaxx platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Internaxx, before live trading.
Customer Support at Internaxx
As part of our Internaxx review, we review customer service options, response times and problem resolution effectiveness on the Internaxx trading platform. The Internaxx trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Internaxx Available Support Types
Based on our experience, we have given Internaxx a D grade for customer support. We encountered some slow response times or Internaxx queries that were left unanswered.
Compared to other brokers, Internaxx offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at Internaxx
Our team tested the live chat support of Internaxx and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested Internaxx support services in various countries and languages and found that Internaxx were able to effectively resolve our customer issues.
Email Support at Internaxx
We tested the email support of Internaxx by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Internaxx response.
The Internaxx team did resolve and answer our queries, but the email support from Internaxx was overall average compared to other brokers we have tested.
Phone Support at Internaxx
We contacted Internaxx via phone and received quick assistance within 10 minutes of our call.
The Internaxx phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Internaxx and found that they could assist us in various languages.
While we found the Internaxx phone support satisfactory, there is room for improvement in response time.
See how Internaxx Support Compares Against Other Brokers
Broker | internaxx | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Internaxx | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Internaxx
As Internaxx is regulated by Commission de Surveillance du Secteur Financier (CSSF).
As a new client of Internaxx, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Internaxx in your region. During the Internaxx account opening process, you will be asked to provide Internaxx with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Internaxx have the following documents available.
- Internaxx require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Internaxx compliance. This must be dated within the last six months.
- If you plan to fund your Internaxx account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Internaxx platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Internaxx Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Internaxx's platform.
However, remember that you won't be able to make trades on Internaxx until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Internaxx KYC compliance process as soon as possible to avoid any delays in accessing the Internaxx platform's features.
It is important to note that Internaxx may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Internaxx platform and features immediately. However, you must pass the verification process to start live trading with Internaxx, which can take up to a few business days.
To start the process of opening an account with Internaxx you can visit the Internaxx trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.internaxx.com/ on April 21, 2024.
Is Internaxx A Good Broker?
We have spent over 5 years examining Internaxx in depth. Although we found some very useful aspects of the Internaxx platform that would be useful to some traders. We feel that a alternative to Internaxx may better suit you.
- Internaxx have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
- Internaxx has a history of over 16 years.
- Internaxx has a reasonable sized customer support of at least 10.
- Internaxx are regulated by the Commission de Surveillance du Secteur Financier (CSSF). Internaxx is subject to strict regulatory oversight from its respective jurisdiction, which holds Internaxx (the broker) accountable for misconduct. This regulatory framework helps ensure that Internaxx operates fairly and transparently and provides Internaxx customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Internaxx.
- Internaxx have regulation from reputable regulators.
- One of the advantages of using Internaxx is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Internaxx are particularly important as Internaxx traders want to receive their money quickly. With the efficient Internaxx payment processing system, traders can enjoy faster access to their Internaxx funds.
- Internaxx have an international presence in multiple countries. Including local Internaxx seminars and training.
- Internaxx can hire people from various locations in the world who can better communicate in your local language.
Internaxx Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Internaxx not quite right?
If after reading this Internaxx review, Internaxx does not fulfill your needs check out these Internaxx Alternatives.
Click here to view the best Internaxx Alternatives
We have spent years researching the best alternatives to Internaxx. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective Internaxx alternatives available today. If you are unsatisfied with Internaxx or want to explore other options, we recommend checking out our carefully curated list of highly-rated Internaxx alternatives. Follow the links below to learn more about these Internaxx broker alternatives and choose the one that best suits your trading needs.
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Related Internaxx Vs Comparisons
Throughout our comprehensive Internaxx review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Internaxx against other popular brokers in the industry, check out our Internaxx Vs pages. Our team has compiled a series of detailed Internaxx comparison articles, pitting the Internaxx platform against some of the best-rated Internaxx competitors in the market. Dive into our informative Internaxx Vs pages below to find out how Internaxx stacks up against other leading brokers.
- Internaxx vs ICMarkets
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- Internaxx vs AvaTrade
- Internaxx vs FPMarkets
- Internaxx vs NordFX
- Internaxx vs easyMarkets
- Internaxx vs SpreadEx
- Internaxx vs FxPro
- Internaxx vs Plus500
- Internaxx vs AdmiralMarkets
- Internaxx vs ThinkMarkets
- Internaxx vs FXPrimus
- Internaxx vs Trading212
- Internaxx vs ForexMart
- Internaxx vs Eightcap
- Internaxx vs ForTrade
- Internaxx vs InteractiveBrokers
- Internaxx vs Forex.com
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- Internaxx vs Robinhood
- Internaxx vs Coinbase
- Internaxx vs Binance
- Internaxx vs ETXCapital
- Internaxx vs CoreSpreads
Internaxx review
INTERNAXX Frequently Asked Questions
Read our detailed Internaxx FAQ Section updated for 2024.
Can I try Internaxx?
Internaxx do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do Internaxx accept?
Please note that the list of payment methods below depends on the Internaxx Entity and the client's Country of Residence.
Internaxx offer the following funding payment methods Credit cards, among other payment methods.
Learn more here
Is Internaxx safe?
Internaxx have over 10,000 users. Internaxx are considered reliable as they are regulated by and checked for conduct by the Commission de Surveillance du Secteur Financier (CSSF). Any payments funded to Internaxx accounts by traders are held in a segregated bank account. For added security,Internaxx use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Internaxx is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Internaxx unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Internaxx trading good?
Internaxx is considered good and reputable to trade with Internaxx. Internaxx is used by over 10,000 traders and Internaxx users. Internaxx offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with Internaxx is 2000.
Is Internaxx trading Legit?
Internaxx was founded in United States in 2008. Internaxx has been facilitating trade on the financial markets for over 16 years. Internaxx offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to Internaxx are held in segregated bank accounts for security. Internaxx is regulated by Commission de Surveillance du Secteur Financier (CSSF) so can be considered legit.
Is Internaxx a good broker?
Internaxx allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Internaxx is overseen by the top tier financial regulators Commission de Surveillance du Secteur Financier (CSSF) so can be considered a good broker.
Is Internaxx trustworthy broker?
Internaxx is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Internaxx, money is in a segregated bank account that is separate from Internaxx company's funds. As a regulated broker, Internaxx cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Internaxx. Instead, your Internaxx funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Internaxx. Also Internaxx is regulated in its local jurisdictions including major financial regulators like Commission de Surveillance du Secteur Financier (CSSF).
What is the minimum deposit for Internaxx?
The minimum deposit to trade with Internaxx is 2000.
How long do Internaxx withdrawals take?
Withdrawing money from Internaxx processing time varies depending on the method but averages 1-5 days.
Is Internaxx regulated?
Internaxx is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Regulatory bodies conduct regular reviews and audits as part of Internaxx maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Internaxx a market maker?
Internaxx is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with Internaxx?
When opening a trading account with Internaxx, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Internaxx trading platforms, you can follow the link provided below: Learn more about signing up with the Internaxx trading platform here. This will provide useful information and insights into the various trading platforms offered by Internaxx, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Internaxx?
Yes your money is safe with Internaxx.
Overall, strict financial regulation is essential for ensuring that trading platforms like Internaxx operate fairly, transparently, and responsibly, which ultimately benefits all Internaxx stakeholders involved.
Trading platforms like Internaxx must have strict financial regulation for several reasons:
- Protecting Internaxx Investors: Strict financial regulation ensures that investors who use the Internaxx trading platform are protected against fraudulent or unethical behavior by the Internaxx platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Internaxx platform.
- Maintaining Internaxx Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Internaxx trading platform. Regulatory procedures reduce the likelihood of the Internaxx platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Internaxx Transparency: Regulations require trading platforms like Internaxx to maintain detailed records and disclose Internaxx client information. Financial regulatory requirements enhances transparency and helps to build trust between the Internaxx platform and its investors.
Internaxx is regulated by the Commission de Surveillance du Secteur Financier (CSSF). When selecting a broker such as Internaxx, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Internaxx ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Internaxx.
Is Internaxx a con?
Internaxx is regulated and well established, having been in business for over 16 years. Internaxx is not a con.
Can you make money with Internaxx?
Although traders have had great success with Internaxx, trading on the financial markets with Internaxx is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Internaxx have fees?
Internaxx withdrawal fees vary on payment method.Internaxx does charge a fee for inactive accounts. Internaxx do charge deposit fees.
When was Internaxx founded?
Internaxx was founded in 2008.
How many people use Internaxx?
Internaxx is used by over 10,000 registered Internaxx users.
What is Internaxx Headquarters country?
Internaxx has its head quarters office in United States .
Does Internaxx offer negative balance protection?
Internaxx does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Internaxx offer guaranteed stop loss?
Internaxx does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Internaxx allow scalping?
Internaxx does not offer scalping.
Does Internaxx allow hedging?
Internaxx does not offer hedging.
Does Internaxx offer CFD trading?
Internaxx offers CFD trading.
Does Internaxx offer STP?
Internaxx does not offer STP trading.
How many people use Internaxx?
Internaxx is used by over 10000 Internaxx users and traders.
Is Internaxx an ECN broker?
Internaxx does not offer ECN trading.
Does Internaxx offer a demo account?
Internaxx does not offer demo account.
Does Internaxx offer an Islamic account?
Internaxx offers an Islamic account.
What are the funding methods for Internaxx?
Please note that funding methods and options available with Internaxx can be found in the Internaxx Members area and depend on the Internaxx client’s country of residence. Please check your specific available payment methods on the Internaxx website. Internaxx accept the following funding methods : Credit cards.