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The WikiFX Score of this broker is reduced because of too many complaints!
IDFPOWER
United Kingdom|2-5 years| Suspicious Scope of Business|Suspicious Overrun|High potential risk|
http://www.idfpower.site/###
Website
Rating Index
Contact
support@idfpower.com
http://www.idfpower.site/###
Unit G1, Capital House 61 Amhurst Road, London, E8 1LL,United Kingdom
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
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Broker Information
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Company Name
IDFPOWER WEALTH LIMITED
Company Abbreviation
IDFPOWER
Platform registered country and region
United Kingdom
Company website
Pyramid scheme complaint
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Warning: Low score, please stay away!
4
Previous Detection :
2024-04-27
- 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 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
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Exposure
8 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
The fund is unable to withdraw and is frozen
The fund is deceived by netizens and fraud group. Eventhe principle cannot be withdrawn, there is no need to mention profit. It is happy to make profit, but cannot withdraw. They require to pay tax, otherwise the fund will be frozen and cannot log in.
2022-07-27 16:09
Scam
Unscrupulous fraud
Join a teacher Zhang Shaokun's group in Line, and introduce assistant Xu Xiyan + me into the group. The last time I made a deposit, I couldn't connect to IDFPOWER's official website for 2 days. The customer service manager and assistant also said that it is necessary to make the system more stable. After upgrading and upgrading, I can no longer log in. When sending money, we are told not to remark anything because it will be considered money laundering. The answer to withdrawing money is an illegal operation. If you want to withdraw money, you need to pay a deposit of 20%! This is not what a scam syndicate is. Don't be fooled by IDFpower's black-hearted platform. The most frightening thing is that you will only know that you have entered the foreign exchange fraud platform of IDFpower after you make a deposit. You really don't want to send money to people you don't know.
2022-07-29 16:40
Unable to Withdraw
AI stock automatic trading fraud, please don't have any more victims. They continue to cheat
At first, the woman named Chen Xinyan will share some analysis of the trading price of the soaring stocks. Soon, she will spread an online live teacher video to share some stock market information, and then slowly bring out AI intelligent trading program. From time to time, she will Po out profit receipts to lure the victim to want to know. She will also cheat $5000 first, try it first, and then keep poking her own million profits to lure the victim to invest more, Until you lose all your money directly on the night of June 15, then you should know that your money has been taken away by the driver, followed by all kinds of deposits of 30000 and all kinds of money fraud methods. The most hateful thing is that the fraud group dares to come back. I said, do you want to get your money back The victim who is still investing in this unscrupulous trader should stay away from the money and take it in his own hands as soon as possible. Don't trust anyone easily and learn investment skills by yourself. If the platform and the victim see it, please call the police.
2022-07-30 23:59
Others
The second time I was deceived. When I thought IDFPOWER had good intentions to help me with the withdrawal, I cancelled the lawsuit against them and then they launder all my money
I transfer 50,000 CNY to the manager of IDFPOWER at 9:00 a.m. on June 14. It was originally more than 100,000. Later, the coordinating manager took the initiative to lower it to 50,000 yuan. After unlocking it for me, I can withdraw the money. Although I don’t have a lot of money in it, I feel distressed, so I remit it to the other party. IDFPOWER said that the account will be received within 48 hours. I will wait until noon on the 15th, and I think I should be sincere. , because they have always been very polite, so they said it has been resolved, and the revelation was withdrawn. I could see that my money was still in it before, because I didn't withdraw all of it, I could still operate Taiwan stocks. I asked the assistant and he told me I want to open it from time to time, and I am very patient to help. I opened it at 2:00 pm, and I didn’t have any details before. When I checked it at night, they immediately laundered the money after I canceled the complaint. This is a fraud platform, everyone should pay attention. Don't be deceived like me, this person named Chen Junfeng is inviting people into the group, be careful
2022-06-16 15:37
Scam
Scam
Withdraw 11000 dollars and it is locked due to the high frequency of withdrawal. It requires paying a 20% margin or waiting for a month. After one month, I request to withdraw 5k dollars. It still asks me to pay 15% tax and said that I cannot get away from tax. Now, they just do not allow me to withdraw and ask me to think myself. A platform manager Wang and assistant Fay
2022-07-30 21:53
Unable to Withdraw
AI stock fraud
At first, the woman named Zhang Yaxuan would share some analysis of the buying and selling prices of soaring stocks. Soon, she would spread an online live teacher's video to share some stock market information, and then slowly bring out AI intelligent trading program. From time to time, she would Po out profit receipts to lure the victim to want to know. She would also cheat the victim of $5000 to try it first and said that because the system was to be more stable, it would need a major upgrade, and then she would never enter it again, When remitting money, we are told not to remark anything, because it will be considered as money laundering, and the answer to pay money is an illegal operation. In the beginning, we didn't say any rules. Don't be fooled by the idfpower blackheart platform. The most terrible thing is that you won't know you enter idfpower this foreign exchange fraud platform until you pay money. You don't remit money to people you don't know, otherwise, you want to cry without tears, and the gains outweigh the losses.
2022-07-31 02:03
Unable to Withdraw
A fraud platform that will be punished
I joined the line investment group. I didn’t expect to enter the black platform idfpower for the first time. When I made the first deposit, I told us not to make any remarks, but to find a name, because this account is supervised, and said the system a month later To upgrade, in order to make the system more stable, I will not be able to connect to the official website from now on, contact the customer service manager to answer how it is possible, whether it is your own problem, everyone can connect, and later told the customer service manager to withdraw money, the answer is an illegal operation I need to pay the deposit. At this time, I probably knew that I had been cheated. The customer service manager said that I smeared them. I am a hater, and the hater is stronger than you. idfpower is a black platform that will be punished by God, and there are other black platforms. The time has not yet come. Everyone should pay attention to the purse, otherwise, the money we raised hard will be replaced by the owner. Everyone should really be careful, fraud platform
2022-08-09 18:18
Scam
Originally, they said that I was laundering money, and I needed 30% of the principal to withdraw the money. Now, the transfer was made, but the money was taken.
Last time, I thought that as long as the money was remitted, the other party was very polite, and instead asked me to withdraw the money, so I remitted the money to them on the morning of June 14, and immediately helped me to unlock it, saying that I could withdraw it. The company said that the money will be credited to the account within 48 hours, because I did not withdraw all of it and left 5000usd in it. It is reasonable to say that the 5000 US dollars can only be used for Taiwan stocks, because there is no transaction the next day, I asked the assistant to download the APP again. According to Zuozuo, she also taught me slowly and carefully, but by 9 o'clock in the evening, all my money was lost by them. It is reasonable to say that I can only trade in Taiwan stocks, and they finished all the money at the same time. , and said it was a normal operation, and the money I wanted to withdraw was 48 hours old at 9:30 this morning. In order not to withdraw the money for me, the other party deliberately made a fake transaction, so that I could not withdraw the money. It is reasonable to say that I want to withdraw They shouldn't have lost me! I hope this article can let everyone see, don't be deceived anymore, there are not so good things in the world, you want to make money, they want to take money from you, the only thing that makes me angry is when I cancel the reimbursement, saying It has been resolved, the other party only let me see the transaction
2022-06-16 11:30
IDFPOWER · Company Summary
Risk Warning: Please note this IDFPOWER is a clone forex broker under no valid regulation. The number of the complaints received by WikiFX have reached 8 for this broker in the past three month. Please be aware of the risk and the potential scam.
General Information
IDFPOWER is a newly-established forex broker registered in the United Kingdom, offering clients access to a series of more than 120 trading instruments, such as Foreign Exchange, Precious Metals, Energy, Index, and Stocks. Traders can use the maximum trading leverage up to 1:400, and this broker says it offers 24 x 7 customer support.
Market Instruments
IDFPOWER claims to provides clients with access to various popular and mainstream financial markets. Six classes of trading assets, including Foreign Exchange, Precious Metals, Energy, Index, and Stocks are all available through this brokerage platform.
How to open an account with IDFPOWER？
Both live and demo account can be opened easily with the IDFPOWER platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:
1. Click on the “Open an account” link on the homepage of the IDFPOWER website.
2. Fill in some required details and upload your personal document for verification.
3. After approval, your account will be registered successfully.
4. Fund your account and start to trade on this platform.
Spreads & Commissions
IDFPOWER hypes that it offers extremely competitive spreads, from 0 pips. Obviously, it is a typically tactic employed by illegal forex broker to attract more investors.
Leverage
When it comes to leverage, IDFPOWER permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators.
Bear in mind that high leverage is not always the good thing, as it can magnify gains as well as losses.
Trading Platform
What IDFPOWER offers is not the industry-leading MT4 or MT5 trading platform.
Customer Support
Traders with any inquiries or trading-related issues can only reach out IDFPOWER through the following email: support@idfpower.com
Registered Company Address: Unit G1, Capital House 61 Amhurst Road, London, E8 1LL, United Kingdom.
Restricted Regions
IDFPOWER does not provide services to residents of certain countries, including but not limited to the United States, Iran, and the Democratic People's Republic of Korea.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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