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/10

IdolFX

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|

https://www.idolfx28.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
IdolSoftwareDoo-Live MT5
Server Location Netherlands

Contact

+44 7786583616
support@idolforex.com
https://www.idolfx28.com/

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

Contact number

English

+44 7786583616

Broker Information

More

Company Name

IdolFX

Company Abbreviation

IdolFX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-03-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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IdolFX · Company Summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

IdolFX is allegedly a forex broker registered in the United Kingdom.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. Note that the broker says it offers the worlds leading MetaTrader5 trading platform.

As for regulation, it has been verified that IdolFX currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.59/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

IdolFX advertises that it is a forex broker that mainly offers forex trading.

Trading Platform Available

The platform available for trading at IdolFX is one of the most notable and preferred trading platforms the market offers - MetaTrader5. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Customer Support

IdolFX‘s customer support can be reached by telephone: +44 7786583616, email: support@idolforex.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• MT5 supported • No regulation
• Website inaccessible

Frequently Asked Questions (FAQs)

Q 1: Is IdolFX regulated?
A 1: No. It has been verified that IdolFX currently has no valid regulation.
Q 2: Does IdolFX offer the industry-standard MT4 & MT5?
A 2: No. Instead, IdolFX offers the MT5 trading platform.
Q 3: Is IdolFX a good broker for beginners?
A 3: No. IdolFX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

User Reviews

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3

Comments

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FX1492746351
more than one year
Hey, does anyone have the scoop on IdolFX? Are they still kicking? Their website seems to be having issues, what's up with that?
2024-02-07 13:49
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0
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炫目
more than one year
Execution is responsive and I experienced no problems opening or closing trades even during market volatility. Having been trading with this broker for three months, and my trading experience was quite good. If this broker did not shut down (I knew this recently), I would recommend it to you guys. And now, I have a mixed feeling…
2023-03-23 09:59
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0
0
梅小主
more than one year
It seems that the domain name of this company idolfx has been sold... I hope this is not a scammer. At least I didn't see any complaints about it on wikifx.
2022-12-09 10:05
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0
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