About Intercontinental Securities
Who Is Intercontinental Securities?
Intercontinental Securities (IS) is an offshore brokerage entity registered in Saint Vincent and the Grenadines (SVG) on October 19, 2021. The company operates from a standard office address at Suite 305, Griffith Corporate Center, Kingstown. Its official website is is.capital, and the broker presents itself as a multi-asset trading platform.
As an SVG-registered entity, Intercontinental Securities is not subject to financial regulation by any recognised major regulatory authority. The jurisdiction of Saint Vincent and the Grenadines does not impose oversight on forex or CFD brokers, meaning the broker operates without regulatory supervision. This is a critical consideration for any trader evaluating the firm.
Regulatory Status and Security of Funds
FXCanary's records show that Intercontinental Securities does not hold any valid regulatory licences from agencies such as the FCA, CySEC, ASIC, or other respected bodies. The broker’s website, however, includes a disclaimer snippet that mentions regulation by the 'F', but no complete details are provided. This inconsistency raises concerns about the transparency of the broker’s regulatory claims.
Without a regulated status, client funds are not protected by any investor compensation scheme or negative balance protection. Traders should be aware that in the event of a dispute or insolvency, there is no recourse to an external ombudsman or financial authority.
Account Types and Trading Conditions
Intercontinental Securities offers two retail account types: Standard Spread and Raw Spread. Both accounts require a $100 minimum deposit and allow a maximum leverage of 1:500. The leverage level is high compared to regulated brokers, where retail caps are often 1:30 in the EU or 1:50 elsewhere.
The broker does not publicly disclose detailed spreads or commission structures for these accounts. The Standard Spread account typically implies wider spreads with no commission, while the Raw Spread account likely offers tighter spreads with a per-lot commission fee. However, without verifiable data, these are assumptions based on industry standards.
Trading Platforms and Instruments
The broker supports MetaTrader 5 (MT5) and cTrader, two widely used trading platforms. These platforms are well-regarded in the industry for advanced charting, algorithmic trading capabilities, and mobile access. The availability of both platforms suggests a focus on forex and CFD traders.
According to its website, Intercontinental Securities offers over 16,000 trading instruments across seven asset classes: forex, stocks, cryptocurrencies, commodities, indices, metals, and energies. This claim is ambitious, but the actual instrument list is not displayed on the site. While MT5 and cTrader can support a large number of instruments, the broker must have liquidity providers to offer such a wide range.
Company Background and Transparency
Intercontinental Securities was founded in late 2021, making it a relatively new entrant in the brokerage space. The company’s registered address in Saint Vincent and the Grenadines is a common location for offshore brokers due to the favourable regulatory environment.
The broker’s website provides limited information about its management team, corporate history, or financial standing. This lack of transparency is typical of many unregulated offshore brokers and may be a red flag for traders who prioritise due diligence.
Who Is the Broker Aimed At?
Intercontinental Securities appears to target a global audience, with its website available in English, Chinese, and Vietnamese. The low minimum deposit of $100 and high leverage appeal to retail traders with limited capital who seek large exposure.
The broker also mentions an investment section and a partnership programme, suggesting it may aim to attract introducing brokers (IBs) and institutional clients. However, the regulatory void and limited track record make it more suitable for traders who fully understand the risks of unregulated trading.
Independent Sources and Reviews
As of now, Intercontinental Securities has no independent user reviews on major forex review platforms. The only available information comes from the broker's own website and our regulatory records. This absence of third-party feedback means traders cannot rely on the experiences of others to assess the broker's reliability or service quality.
Aggregated industry data does not provide any additional insights into the broker's operations, which further underscores the lack of public information. FXCanary's risk assessment gives the broker an elevated scam risk score of 50 out of 100, reflecting the regulatory deficiencies and informational opacity.
Overview compiled by FXCanary from regulatory records and public data. full Intercontinental Securities review