Verdict up front: Intrade24 states in its own footer that it is “a registered broker-dealer and member of FINRA/SIPC”. We searched FINRA’s BrokerCheck register ourselves and found no record of it — zero results. The claimed head office is in Toronto, and the site advertises 1:200 leverage and a deposit bonus, neither of which a FINRA member firm offers to retail clients. Quebec’s securities regulator has since published a warning naming the platform.
Verified evidence (checked 7 September 2026, updated 8 September 2026)
- A securities regulator has published a warning. Quebec’s Autorité des marchés financiers states plainly: “Intrade24 is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.” Published 4 September 2026, naming the website intrade24.com and the other business name used, In Trade 24 Trust. We read this on the AMF’s own warning page. The same alert is carried on the Canadian Securities Administrators’ national investor-alert list.
- FINRA BrokerCheck returns nothing. We queried FINRA’s own firm register for both “Intrade24” and “IN TRADE 24”, the entity named in its footer. Both searches returned 0 results. We ran this check ourselves rather than repeating another site’s finding.
- The regulatory claim and the address contradict each other. The site claims FINRA and SIPC membership — both United States bodies covering US broker-dealers — while listing its head office as 92 King Street East, Toronto, Ontario, Canada.
- CDIC is listed under “Licenses & Legal”. The Canada Deposit Insurance Corporation insures deposits at member banks. It does not cover brokerage accounts, securities or trading losses, and naming it in a licensing footer is misleading.
- The product does not match the claimed licence. Advertised tiers offer leverage up to 1:200 and “spreads from 0.0 pips”, with minimum deposits from $5,000 to $100,000, plus a $100 welcome bonus under promo code WELCOME100. Leveraged retail CFD trading and deposit bonuses of this kind are not offered by FINRA-member broker-dealers.
- Domain age: intrade24.com was created 4 April 2026 (registrar NameCheap, Inc.) — roughly five months ago, against a claimed “4.2M+ active traders”. Sources: AMF (Québec) investor warning and the CSA national alert list, both read 8 September 2026; FINRA BrokerCheck firm search; Verisign registry record; the platform’s own website, read 7 September 2026.
| Related Investigation Quebec’s AMF warning and the empty BrokerCheck result are separate findings from separate sources. Each stands on its own. |
Investors, Take Note FINRA membership is free to check and takes under a minute. Any firm claiming it can be confirmed — or not — today. |
Read This Before You Invest A minimum deposit of $5,000 to open an account means the first loss, if it comes, is not a small one. |
What is Intrade24?
A trading website at intrade24.com presenting a tiered account structure — Bronze, Silver, Gold and Platinum VIP — with minimum deposits from $5,000 to $100,000. It advertises real-time data, a stock screener, smart order types and a mobile app, and describes itself as operating through “IN TRADE 24 TRUST INC.” The domain was registered five months ago.
The claim that can be checked in a minute
Everything else about this platform is secondary to one line in its footer: “Member FINRA | SIPC.” That claim is uniquely easy to test, because FINRA publishes a free public register of every member firm. We searched it for the brand name and for the corporate name given on the site. Neither returned a single record.
Then look at where the claim sits. FINRA and SIPC regulate and protect customers of United States broker-dealers. This site gives a Toronto head office. A Canadian-based operation is not within FINRA’s membership structure, and SIPC protection does not attach to it. The two statements cannot both describe the same business.
The product contradicts the licence
Leverage to 1:200, spreads quoted in pips, and a $100 deposit bonus with a promo code are the vocabulary of an offshore CFD brokerage, not a US securities broker-dealer. Deposit bonuses in particular are prohibited or heavily restricted across the major regulated markets precisely because they discourage withdrawal. A firm advertising one while claiming FINRA membership is describing two incompatible businesses on the same page.
Check it for yourself
Nothing above depends on trusting us. Search the name on Google, ask ChatGPT, and run the register checks named in the evidence box. A regulator warning takes about a minute to confirm on the regulator’s own website, and that minute is the cheapest due diligence available to any investor.
For this platform specifically: go to FINRA BrokerCheck and search “Intrade24” and “IN TRADE 24 TRUST” — you should find nothing, as we did. Then check the SIPC member database for the same names, and note that the site’s own footer places the company in Toronto.
If you have already deposited
Act on paper, not on hope. Save every screenshot, chat log, email, payment reference and wallet address before the platform can close your account — once access goes, so does your evidence. Report the loss to your national financial regulator and to your police force’s fraud unit. Tell your bank or card issuer immediately; where funds moved by card or transfer within recent weeks, a recall or chargeback is sometimes still possible. If you paid in cryptocurrency, the transaction cannot be reversed, but the receiving address is permanent evidence and exchanges can sometimes freeze onward movement.
Then brace for the second approach. Victims of investment fraud are frequently contacted again by people offering to recover the money for an upfront fee, sometimes posing as lawyers, regulators or the platform’s own compliance department. That is a second fraud aimed at the same victim. No legitimate recovery service, and no regulator anywhere, asks for a payment before returning your funds.
The bottom line
A securities regulator has published a warning naming this platform. What we established ourselves is that its central credential — FINRA and SIPC membership — returns no record in FINRA’s own register, on a five-month-old domain, from a claimed Canadian address, offering leverage no member firm provides. Verify a licence with the regulator that issued it before you fund an account, and keep records if you already have.
Reviewed by Jenny Loral, Licensed Fraud Investigation Agent, Investor Protection Unit — Pinkerton. Corrections: support@reclaimdc.com.
