Why You Should Steer Clear of Integra Asset Management: A Review

As you delve deeper into the workings of Integra Asset Management, you’ll quickly discover a web of discrepancies and hidden details, casting doubt on the legitimacy of this firm. From elusive legal documentation to questionable company statistics, there’s ample reason to approach with caution. Here’s an unbiased review to steer you clear of potential pitfalls.

Legal Status: Legitimate or a Scam?

Scrutinizing Integra Asset Management’s provided registration number, F004737, reveals a company purportedly based in Dubai and licensed by the DFSA. However, discrepancies arise when comparing these details with the company’s operational timeline. Despite claims of establishment in 2018, the broker’s website only became active in December 2023. Moreover, the absence of regulatory approval from reputable bodies like the FCA, ASIC, BaFin, or CFTC raises red flags regarding the firm’s authenticity.

Victims of Integra Asset Management

Since its emergence in December last year, Integra Asset Management boasts over 130,000 purportedly active users, with a notable presence in countries like the United Arab Emirates, the United States, and the United Kingdom. However, the firm lacks authorization to operate in any jurisdiction, warranting caution and potential chargebacks for affected individuals worldwide.

Trader Reviews and Feedback

With a mere seven reviews available, Integra Asset Management’s online reputation appears lackluster, hinting at underlying issues with withdrawals and customer service. Disgruntled users highlight recurring challenges, reinforcing skepticism surrounding the firm’s credibility.

Trading Conditions and Features

Integra Asset Management’s opaque fee structure conceals hidden costs, including spreads, commissions, and miscellaneous fees. Additionally, the firm’s bonus policy raises concerns, with enticing offers of up to €30,000 tied to stringent withdrawal conditions. Without transparent documentation or trusted licenses, investors remain vulnerable to arbitrary rules and undisclosed fees.

Available Trading Platforms and Assets

Despite offering a diverse range of tradable assets, including forex pairs, indices, commodities, cryptocurrencies, and bonds, Integra Asset Management’s reliance on obscure trading platforms and limited functionalities undermines the trading experience. Savvy investors may prefer established brokers offering trusted software like cTrader or MetaTrader.

Account Types and Mobile Trading

Integra Asset Management’s tiered account structure lures investors with low minimum deposit requirements, only to push for higher deposits without significant benefits. Furthermore, the absence of a dedicated mobile trading app further detracts from the user experience, forcing traders to rely on browser-based platforms.

Withdrawal Process and Customer Support

While Integra Asset Management boasts swift withdrawal processing, limited payment options and undisclosed fees cast doubt on the reliability of these claims. Moreover, reports of unresponsive customer support and coercive tactics, such as the AnyDesk offer, underscore the firm’s questionable practices.

Key Considerations

In summary, Integra Asset Management’s lack of regulatory oversight, hidden conditions, unreliable platforms, and subpar customer support erode its credibility as a legitimate brokerage. Investors are urged to exercise caution and pursue withdrawal requests promptly. In case of difficulty, seeking professional assistance for refunds is advisable. Schedule a free consultation with our experts to explore your options and safeguard your investments.