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The WikiFX Score of this broker is reduced because of too many complaints!

IMF

United Kingdom|2-5 years|
Regulated in United States|Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://www.imfspace1.net

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
IMFCapital-Demo MT4
Server Location Japan

Contact

service@imfspaces.net
https://www.imfspace1.net
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

IMF Capital

Company Abbreviation

IMF

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 51 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Hongkong
    • 380***
    • UKOil
    • 05-27 19:22:50
    • Frankfurt
    • 697***
    • UKOil
    • 05-27 10:41:27
    • Hongkong
    • 595***
    • HangSeng
    • 05-27 09:01:32

    Stop Out

    1.03%

    Stop Out Symbol Distribution

    6 months

    IMF · Company Summary

    Aspect Information
    Registered Country/Area United Kingdom
    Founded Year 2-5 years
    Company Name IMF Capital Limited
    Regulation Not regulated, flagged as unauthorized by NFA
    Minimum Deposit $1,000
    Maximum Leverage Up to 1:500 for forex, 1:5 to 1:20 for equity CFDs
    Spreads Between 0.2 and 0.5 pips for major currency pairs
    Trading Platforms Meta Trader 4 (MT4)
    Tradable Assets Currency, Share Index, Index, Energy, Noble Metals, Commodities
    Account Types Current Account, Savings Account, ISA
    Demo Account Not mentioned
    Islamic Account Not mentioned
    Customer Support 24/7 via email, telephone, and fax
    Payment Methods Bank wire transfers, Visa and Mastercard debit/credit cards, PayPal

    Overview of IMF

    IMF CAPITAL LIMITED is an unregulated brokerage firm based in the United Kingdom, offering various financial instruments for trading. While it provides opportunities to trade major and emerging market currencies, share indices, energy-related instruments, noble metals, and commodities, potential customers should exercise caution due to its lack of regulation. The company's legitimacy has been questioned by the United States National Futures Association (NFA), which lists IMF CAPITAL as unauthorized and abnormal, warning against potential scams.

    The company offers different account types, including current and savings accounts, with varying features and interest rates. Additionally, IMF CAPITAL provides tax-free Individual Savings Account (ISA) options to help customers save money. However, leverage options are available, which can amplify gains but also increase the risk of substantial losses, necessitating cautious risk management.

    IMF CAPITAL LIMITED utilizes the widely used Meta Trader 4 platform, allowing for real-time trading and automated trading through expert advisors. However, customer reviews have expressed concerns about difficulties in withdrawing funds, delays in processing requests, and challenges in contacting customer support. Given the company's unregulated status and negative feedback, potential clients should conduct thorough research and carefully consider the associated risks before engaging with IMF CAPITAL LIMITED.

    basic-info

    Pros and Cons

    The International Monetary Fund (IMF) offers access to various market instruments, including currencies, share indices, energy, noble metals, and commodities, providing investors with diverse investment options. It also offers different account types, such as current accounts, savings accounts, and ISAs, catering to different investment needs. Traders can utilize leverage options of up to 1:500 for potential higher gains in their trades. Operating on the Meta Trader 4 platform, IMF ensures a widely-used trading environment. However, the IMF's unauthorized status by the United States National Futures Association (NFA) and lack of regulation raise concerns about its legitimacy and oversight. Negative reviews highlight issues with fund withdrawals and customer service delays. Moreover, the $1,000 minimum deposit requirement may deter some potential investors. Lack of transparency regarding deposit and withdrawal processes and limited access to the official website further raise doubts about its credibility. Additionally, users should be aware of potential inactivity and other fees. Customer support appears inadequate with limited information available for assistance. These pros and cons encompass the complex considerations when dealing with the IMF.

    Pros Cons
    Provides access to various market instruments like currencies, share indices, energy, noble metals, and commodities. Not regulated and listed as unauthorized by the United States National Futures Association (NFA).
    Offers a range of account types, including current accounts, savings accounts, and ISAs. Numerous negative reviews highlighting difficulties in withdrawing funds and delays in customer service response.
    Provides leverage options for potential higher gains in trading, up to 1:500 Minimum deposit requirement is $1,000.
    Offers Meta Trader 4 platform Limited information on deposit and withdrawal
    Minimum deposit requirement is $1,000. Lack of access to the official website
    Spreads start from 0.2 pips Inactivity fee and other fees may apply.
    Basic deposit and withdrawal methods, including bank wire transfers, Visa/Mastercard, and PayPal. Limited information on customer support

    Is IMF Legit?

    IMF CAPITAL LIMITED, as mentioned in the provided information, is not regulated and is listed as unauthorized by the United States National Futures Association (NFA). The company holds a Common Financial Service License, but it has been verified that they currently do not have valid regulation. Therefore, potential customers should be cautious and aware of the risks associated with dealing with this unregulated broker. The NFA has flagged the regulatory status as abnormal and unauthorized, advising individuals to exercise caution and be aware of potential scams.

    regulation

    Market Instruments

    CURRENCY TRANSACTION: IMF CAPITAL facilitates currency transactions, allowing clients to buy and sell foreign currencies. Examples include major currencies like USD, EUR, GBP, JPY, and emerging market currencies such as INR, BRL, and ZAR.

    SHARE INDEX: The company provides access to share index instruments, enabling clients to invest in a group of stocks representing a specific market or sector. Examples include popular indices like the S&P 500, FTSE 100, Nikkei 225, and DAX.

    INDEX: IMF CAPITAL offers various index products that allow clients to track the performance of specific financial markets or segments. Examples include bond indices like Bloomberg Barclays Global Aggregate Index and equity indices such as MSCI World Index.

    ENERGY: Clients have the option to invest in energy-related instruments, giving exposure to commodities like crude oil, natural gas, and heating oil. These instruments provide opportunities to hedge or speculate on energy price movements.

    NOBLE METALS: The company provides instruments related to noble metals like gold, silver, platinum, and palladium. Clients can participate in these markets to diversify their portfolios or take advantage of precious metal price fluctuations.

    COMMODITIES: IMF CAPITAL facilitates trading in various commodities, including agricultural products like corn, wheat, and soybeans, as well as industrial metals like copper and aluminum. Investing in commodities allows clients to gain exposure to global supply and demand dynamics.

    Pros and Cons

    Pros Cons
    Currency transaction facilitation Unauthorized status by the United States National Futures Association (NFA)
    Access to share index instruments Difficulties in withdrawing funds and delays in customer service response
    Various index products available Limited information on deposit and withdrawal processes

    Account Types

    CURRENT ACCOUNT

    IMF CAPITAL LIMITED provides several current account options to cater to different customer needs. The IMF Current Account is a basic offering with standard features like online banking and bill pay. For those looking for a more cost-effective option, the IMF Basic Current Account provides similar services but with fewer features compared to the standard current account. On the other hand, the IMF Premier Current Account is a premium option that comes with additional benefits such as travel insurance and cashback on purchases.

    SAVINGS ACCOUNT

    For customers looking to save money and earn interest, IMF CAPITAL LIMITED offers various savings account choices. The IMF Savings Account is a basic option that provides an interest rate. For those seeking higher returns, the IMF High-Interest Savings Account offers a more interest rate compared to the standard savings account. Additionally, parents can open the IMF Junior Savings Account for their children, which not only offers a low interest rate but also provides parental controls for added security.

    ISA (Individual Savings Account)

    IMF CAPITAL LIMITED offers a range of Individual Savings Account (ISA) options to help customers save money while earning tax-free interest. The IMF ISA is a general ISA that allows individuals to invest in a diverse range of assets. The IMF Junior ISA is designed specifically for children, enabling them to save money while enjoying tax benefits. Furthermore, the IMF Help to Buy ISA is a specialized account intended to help customers save for their first home's deposit with the added advantage of tax-free interest earnings.

    Pros Cons
    Various account options Limited features in Basic Current Account
    Savings options with interest Limited parental controls in Junior Savings Account
    Tax-free interest in ISAs Limited focus on specific financial goals (e.g., retirement)

    Leverage

    IMF CAPITAL LIMITED provides leverage options for clients, with ratios varying based on the financial instrument and account type. Leverage can be as high as 1:500 for forex trading and between 1:5 to 1:20 for equity CFDs. While leverage can amplify potential gains, it also increases the risk of substantial losses, necessitating cautious use and risk management.

    Spreads & Commissions

    IMF CAPITAL LIMITED's spreads are typically between 0.2 and 0.5 pips for major currency pairs. The commission is typically $1 for a standard lot size. Other fees, such as a deposit fee, withdrawal fee, and inactivity fee, may also apply.

    Minimum Deposit

    The minimum deposit requirement at IMF CAPITAL LIMITED is $1,000.

    Deposit & Withdrawal

    IMF CAPITAL LIMITED offers a variety of deposit and withdrawal methods for its clients. These include bank wire transfers, Visa and Mastercard debit and credit cards, and PayPal, depending on the type of account being opened.

    Pros Cons
    Variety of deposit methods (bank wire, Visa, Mastercard, PayPal) Lack of transparency in deposit and withdrawal processes
    Diverse withdrawal options Potential delays in fund withdrawals and customer service response

    Trading Platforms

    IMF CAPITAL LIMITED offers the Meta Trader 4 platform, a renowned trading solution utilized by millions of traders globally. MT4 provides access to a wide range of financial instruments, including forex, commodities, and indices. MT4 grants traders the ability to analyze markets with 30 technical indicators and 9 timeframes. Moreover, it enables automated trading through expert advisors, supporting real-time trading and historical data analysis. Available for Windows PC, iPhone, and Android, IMF's MT4 provides a fast and secure trading environment for traders worldwide.

    trading-platform
    Pros Cons
    Utilizes Meta Trader 4 platform Lack of regulatory oversight and unauthorized status by NFA
    Access to various financial instruments Difficulties in fund withdrawals and slow customer service response
    Supports automated trading and technical analysis Limited information on deposit/withdrawal processes

    Customer Support

    IMF CAPITAL LIMITED offers 24/7 customer support via email at support@imfspaces.com, telephone at 0044-752-5662181, and fax at 0044-207-1826949.

    Reviews

    IMF CAPITAL LIMITED has received a total of 66 reviews on WikiFX, with several clients expressing concerns and negative experiences. Some of the common issues raised include difficulties in withdrawing funds, delays in processing withdrawal requests, inability to log in to the platform or official website, and challenges in contacting customer service. There were also reports of losses due to server failures and suspicion of fraudulent activities. Traders have expressed frustration with the lack of responsiveness from the company and the inability to access their funds or operate normally on the platform.

    reviews

    Conclusion

    In conclusion, IMF CAPITAL LIMITED offers a range of financial instruments and account options to its clients. The company provides access to various market instruments, including currency transactions, share indices, energy-related instruments, noble metals, and commodities. IMF also offers different account types, such as current accounts, savings accounts, and Individual Savings Accounts (ISAs), each with its own set of benefits. Leverage options are available, but potential clients should be cautious as it can amplify risks. The trading platform offered is Meta Trader 4, which allows for execution and analysis of markets. However, it is essential to note that IMF CAPITAL LIMITED is not regulated and has received negative reviews, with clients expressing concerns about difficulties in withdrawing funds, server failures, and suspicion of fraudulent activities. Therefore, potential customers should exercise caution and carefully consider the associated risks before engaging with this unregulated broker.

    FAQs

    Q: Is IMF CAPITAL LIMITED a regulated company?

    A: No, IMF CAPITAL LIMITED is not regulated and is listed as unauthorized by the United States National Futures Association (NFA).

    Q: What market instruments does IMF CAPITAL offer?

    A: IMF CAPITAL facilitates currency transactions, share index instruments, various index products, energy-related instruments, noble metals, and commodities.

    Q: What are the account types available at IMF CAPITAL?

    A: IMF CAPITAL offers current accounts, savings accounts, and Individual Savings Accounts (ISA) with different features and benefits.

    Q: What is the leverage offered by IMF CAPITAL?

    A: IMF CAPITAL provides leverage ranging from 1:500 for forex trading to 1:5 to 1:20 for equity CFDs.

    Q: What are the spreads and commissions at IMF CAPITAL?

    A: Spreads for major currency pairs are typically between 0.2 and 0.5 pips, and the commission for a standard lot size is $1.

    Q: What is the minimum deposit requirement at IMF CAPITAL?

    A: The minimum deposit requirement at IMF CAPITAL is $1,000.

    Q: Which trading platform does IMF CAPITAL offer?

    A: IMF CAPITAL offers the Meta Trader 4 platform, allowing access to various financial instruments and supporting automated trading.

    Q: How can I contact customer support at IMF CAPITAL?

    A: You can reach IMF CAPITAL's customer support 24/7 via email, telephone, or fax.

    Q: Are there any reviews or feedback about IMF CAPITAL?

    A: IMF CAPITAL has received mixed reviews on WikiFX, with some clients expressing concerns and negative experiences, including difficulties in fund withdrawals and platform issues.

    User Reviews

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    4

    Comments

    Write a review

    FX1050626933
    more than one year
    I really don't want to remember my miserable experience, but I hope more people can see my review and stay away from this scammer! I have been scammed out of about $6,000! You can also see on this website that there are still many victims.
    2022-11-27 11:10
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    0
    杜佳伟
    more than one year
    What happened? Not long ago, their website was still accessible, why can't open it now? I have a bad feeling...
    2022-11-24 17:15
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    0
    0
    朱超
    more than one year
    A scary platform with so many negative reviews about its withdrawals. When I tried to open its official website, I failed. Are they kidding, a failed liar and scam, speechless…
    2022-11-24 13:42
    Reply
    0
    0
    太阳初升70755
    more than one year
    What is this operation? It's fine in the afternoon. Exposure at night
    2022-11-05 00:50
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