Interlend Holdings

Short About the Broker

Safety

Interlend-Holdings is monitored by several regulators. It is a well-established brand, but it is not listed on a stock exchange, does not disclose financial information, and does not have a banking parent.

Pros :

• Most clients belong to a top-tier financial body
• Protection against negative balance sheet

Cons :

• Financial information is not publicly available

Is Interlend-Holdings regulated?

Yes, it is regulated by multiple bodies around the world, including some of the leading ones:

Regulation and security of Interlend Holdings:

Security and operational controls are carried out by the central banking authority in Ireland. In the rest of the countries, checks are carried out thanks to the licenses obtained. In total, the company has the following licenses:

FSA – this license guarantees traders full control over all conducted financial operations, for users from the UK.

FINAEU – is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in Europe, and the collective investment and asset management sector. It also supervises the firms offering administrative services that do not fall under the supervision of FINAEU and the European Bar Association, as well as well as Crypto-Asset Services Providers.

LEI– LEI is the leading authority in LEI issuance as the top LEI issuer in Denmark, Norway and Sweden.

Deposit and withdrawal of funds

Interlend Holdings offers several free options for deposits and withdrawals. On the other hand, withdrawals took us 3 business days.

Pros:

• Free withdrawals
• No deposit fees
• Credit/debit cards, e-wallets

Cons:

• Long waiting time to deposit funds 

Commissions and deposit options: 

Interlend Holdings has no deposit fees.

The minimum amount you can deposit is $250 or 250 units in any other base currency.

Account Opening:

Opening an account at Interlend Holdings is smooth and completely digital. You can start trading in literally minutes.

Pros:

• Fast
• Fully digital
• Low minimum deposit

Cons:

• none

WEB Platform:

Pros:

• User-friendly
• Good search function
•  Great interface

Cons:

• No two-step (more secure) login
• English only

Interlend Holdings’ strengths over its competitors include:

• Large assortment of trading instruments;
• availability of a license to provide services;
• support service is available 24 hours a day and provides competent
• assistance to users in many languages;
• a wide range of convenient trading platforms;

• the ability to trade from mobile devices;
• availability of an account for representatives of Islam (swap-free);
• the broker uses a segregated account for reliable storage of clients’ funds;
• permission for automated trading with the use of trading advisors, indicators and other analysis tools;
• no restrictions on trading and scalping;
• availability of training materials and webinars for beginners and experienced traders.

 Interlend Holdings’ weaknesses:

• complex website interface;
• the support service could be more prompt;
• trading terminals may occasionally freeze.

Product Selection:

Interlend Holdings only offers forex and CFDs such as stocks, indices, forex, and commodity CFDs. It does not offer other popular asset classes such as real stocks.

Currency pairs, stocks, cryptocurrencies, indices, metals, commodities, CFDs

Interlend Holdingse’s selection of currency pairs is okay, on par with its closest competitors. CFD coverage on individual stocks and ETFs is rather average. Most of these stocks can be traded on the WebTrader platform.

Bond CFDs include Japanese and European government bonds. Unlike many brokers.

In addition, FX options are available through the platform. You can trade more than 40 different instruments. For this, you will need a separate account from your main account.

Reviews about Interlend Holdings on Trustpilot

How are the reviews of Interlend Holdings on Trustpilot?

I turned to the most popular review platform to find out who is behind the worst reviews about Interlend Holdings and what their reasons are for complaining about the broker.

Most of the negative reviews seem to be written by users who have only left one-to-many reviews on Trustpilot, and that’s a negative review. Some of them may be fake reviews about Interlend Holdings .

Some customers of Interlend Holdings are outraged by the slow customer service.

It seems that during some periods, there are so many new clients coming to this broker that it is difficult for them to serve all the requests. Most complaints about Interlend Holdings are often written on the same day or week.

I’ve never had a problem with this, but maybe I’ve been lucky.

Some other nervous Interlend Holdings customers complain that they deposited money into their trading account using a bank that does not have a username registered with Interlend Holdings.

This is illegal in the sense that Interlend Holdings will never be able to verify accounts funded from different sources. If you ever sign up with this broker, remember to use your real name and details and only use your bank account to transfer money.

Should I trust Interlend Holdings?

Yes, you can trust Interlend Holdings because they have more than 25 million users worldwide, have licenses to protect client funds and offer brokerage services in different countries. Founded in 2023, Interlend Holdings operates under the rules of two Tier 1 jurisdictions and one Tier 2 jurisdiction, providing a safe and low-risk environment for forex and CFD trading.

Is Interlend Holdings suitable for long-term investments?

Yes, Interlend Holdings can be considered safe for long-term investments. Previously, Interlend Holdings operated mainly as a CFD and copy trading broker, which made it less suitable for long-term investors. However, the company has undergone significant changes by expanding its business model. More recently, Interlend Holdings has introduced real stock trading and included ETFs (exchange traded securities), moving beyond its previous focus on CFDs. Copy-trading is a portfolio management service.

Is it safe to keep money with Interlend Holdings ?

Yes, Interlend Holdings is a safe place to keep your money. This is because Interlend Holdings adheres to FCA, FINAEU, and LEI regulations, ensuring investor protection. Our clients’ funds are securely stored with top-notch banks and their personal information is protected with SSL encryption.

Complaints about Interlend Holdings 

Why do people complain about Interlend Holdings broker?

It is true, some investors and some traders do complain about Interlend Holdings.

As I said before, many of them are not experts and make very trivial mistakes.

The most common mistakes on Interlend Holdings that cause complaints are investing in very volatile assets (like some cryptocurrencies) and trying to exit the investment immediately. In such cases, the amount that can be withdrawn from Interlend Holdings may be less than the original amount, because the asset in which we invested may be less valuable than before.

There is no cash guarantee on Interlend Holdings, so it is possible to lose money if you invest in the wrong asset or simply at the wrong time.

Some complaints about Interlend Holdings also mention the level of help provided by the platform.

Are Interlend Holdings Europe users right to complain about slow customer service?

At certain times, Interlend Holdings receives thousands of requests for help.

This happens regularly when many thousands of new and aspiring investors register on the platform.

Those who have just registered are likely to ask for something, it makes sense.

Peak periods of support requests now occur with some regularity and coincide with spikes in Bitcoin prices or other coveted assets (Amazon stock, Testa, etc.).

Another reason that causes some complaints about Interlend Holdings is the commission you have to pay for cashing out.

Interlend Holdings is quite transparent about its pricing, and it has a page dedicated to the withdrawal fee. It is also very simple: 5

USD for each withdrawal.

So, fewer withdrawals will result in less commission to pay at Interlend Holdings .

One more thing: Interlend Holdings works with USD, so every time I make a deposit, my money is converted to USD.

This transaction may be convenient or less convenient depending on your currency, and there is a flat fee for the conversion.