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

IDS International

Saint Vincent and the Grenadines|Scam Brokers|
5-10 years|Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://www.idsintl.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
IDSIntl-Demo MT4
Server Location United States

Contact

+44 800 014 82 02
info@idsintl.com
https://www.idsintl.com/en/
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown VC0100 Saint Vincent and the Grenadines.
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-09-20
"Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities"
IDS International
OctaFX
Globalanalytics

Contact number

English

+44 800 014 82 02

Broker Information

More

Company Name

IDS International Ltd

Company Abbreviation

IDS International

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-03-29
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

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Pyramid scheme complaint
Expose

    IDS International · Company Summary

    General Information

    IDS International Ltd has a firm claim that it is registered in Saint Vincent and the Grenadines as a fully incorporated company. This claim completely undermines the fact that Saint Vincent and the Grenadines do not have an FX regulator, and are close to devoid of any FX legislation, allowing scammer brokers to run rampant on its territory.

    Market Instruments

    IDS International claims to provide numerous trading instruments including 60+ forex currency pairs, precious metals, oil and gas, and index CFDs.

    Leverage & Spreads

    IDS International has no specific disclosures regarding the leverage and spread. According to the website, the minimum spread can be as low as 0.1, but the authenticity is debatable.

    Trading Platform

    IDS International provides access to the Metatrader4 (MT4) – a platform that is generally considered one of the best available. In this case, however, we dont recommend it – simply because IDS International cannot be trusted. We would better suggest sticking with legit MetaTrader4 brokers instead.

    Restricted Areas

    IDS International does not offer its services to residents of certain jurisdictions such as the United States of America, Cuba, Iran, Sudan, Syria and North Korea. And its website is available in English, Chinese, and Indonesian.

    Risk Warning

    The number of the complaints received by WikiFX has reached 21 for this broker in the past 3 months. This broker has been verified to be illegal and all of its licenses have been expired. Also, it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk and the potential scam!

    News

    Ponzi Scheme by IDS International: Some Ringleaders Are Arrested!

    ExposurePonzi Scheme by IDS International: Some Ringleaders Are Arrested!

    2021-06-22 10:34

    Some culprits who orchestrated the Ponzi scheme of IDS International are under arrest.

    WikiFX
    2021-06-22 10:34
    Exposure
    Ponzi Scheme by IDS International: Some Ringleaders Are Arrested!

    User Reviews

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    User comment

    2

    Comments

    Write a review

    卢森堡
    more than one year
    It’s all a big scam and there is nowhere to go coz they are not regulated. It is an illegal brokerage company. Do NOT put your money in it, you will lose everything.
    2022-12-09 12:22
    Reply
    0
    0
    Ferdy Ujung
    more than one year
    Scammed.
    2022-09-25 19:54
    Reply
    0
    0
    27
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