About Fintegral
Overview
Fintegral is an online trading broker registered in Saint Vincent and the Grenadines, operating under the domain fintegral.fund. The broker was founded on 31 May 2022 and is headquartered at First Floor, First St Vincent Bank LTD Building, James Street, Kingstown VC0100, St. Vincent and the Grenadines.
Fintegral presents itself as a provider of multi-asset trading services, offering access to currencies, CFDs, and stocks. The broker targets retail traders with a tiered account structure that varies minimum deposit requirements and maximum leverage levels.
Regulation and Jurisdiction
According to the known facts, Fintegral does not hold any regulatory licences from known financial authorities. The broker is incorporated in Saint Vincent and the Grenadines, a jurisdiction that does not require forex brokers to obtain a regulatory licence, often leading to a higher risk profile for traders.
In FXCanary's assessment, the absence of regulatory oversight means there is no external supervision of the broker's operations, client fund segregation, or dispute resolution mechanisms. This lack of regulation is a significant consideration for traders evaluating the safety of their funds.
Account Types
Fintegral offers four account tiers: Mini, Standard, Classic, and VIP. The Mini account requires a minimum deposit of $500 and offers a maximum leverage of 1:20. The Standard account requires $1,000 and provides leverage up to 1:50. The Classic account requires $5,000 with leverage up to 1:80, and the VIP account requires a minimum deposit of $10,000 with leverage up to 1:100.
These account types cater to different trader preferences, with higher-tier accounts offering greater leverage. However, minimum deposit thresholds are relatively high compared to many retail brokers, which may limit accessibility for new or small-scale traders.
Instruments
The broker lists currencies, CFDs, and stocks as available instruments. This suggests that traders can engage in forex trading, contract for difference (CFD) trading on various assets, and equity investments. CFD trading allows speculation on price movements without owning the underlying asset.
No specific details on the number of currency pairs, stock names, or CFD underlying assets are provided in the known facts. The range of instruments appears standard for a retail forex and CFD broker.
Funding and Withdrawal
The known facts do not include specific information on deposit methods, currencies accepted, or withdrawal policies. Typically, brokers in Saint Vincent and the Grenadines offer a variety of payment options including bank transfers, credit/debit cards, and e-wallets, but this cannot be confirmed for Fintegral.
Traders should exercise caution and seek clarity on funding terms before committing capital. The absence of verifiable payment information is a common concern with unregulated brokers.
Target Audience
Fintegral appears to target experienced retail traders willing to make higher minimum deposits, especially for the Classic and VIP accounts. The tiered leverage structure may appeal to traders seeking varying levels of risk exposure.
However, the lack of regulatory oversight and limited public information suggest the broker is not suitable for risk-averse investors or those requiring strong investor protection. The target audience likely comprises traders comfortable with higher risk associated with unregulated offshore entities.
Risk Considerations
Fintegral operates without a regulatory licence, which is a major risk factor. The FXCanary Scam Risk Score of 85 out of 100 (Severe) indicates significant concerns regarding the broker's reliability and safety.
Traders should be aware that in the event of a dispute or financial loss, there may be no legal recourse through a regulatory body. It is essential to conduct thorough due diligence and consider the implications of trading with an unregulated broker before depositing funds.
Overview compiled by FXCanary from regulatory records and public data. full Fintegral review