Score

1.40 /10
Danger

IDFPOWER

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 32

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.15

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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

Broker Information

More

Company Name

IDFPOWER WEALTH LIMITED

Company Abbreviation

IDFPOWER

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-25
  • 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 28 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Resolved

i am not able to withdraw

the company is regulated in uk having low score is regulated in japan by using same liscence number and i have made 2 times withdraw i have deposite all amount saving for school fee when try to withdray it is rejected by saying that i have to pay a tax but i have no more money left to pay tax when i talk about it they block me

2022-09-22 00:35
Scam

Unscrupulous fraud platform.

Join a line of teacher zhangshaokun, and then invite me to add Xu Xiyan, an assistant, first only analyzed the trend of Taiwan stocks and said hello on weekdays. Later, he mentioned AI intelligent trading. A group of actors told you that AI can help you make money even by sleeping at night. I didn't know about this power trading platform until I got into gold. After the last time I got into gold, I couldn't even get on the official website two days later. My assistant and the customer service manager told me that I wanted to upgrade the system to make the system more stable, and I couldn't get connected again later, The attitude of the above two also changed, reading less and returning less. Later, I told the customer service manager that I wanted to pay a deposit. The answer was that I had to pay a deposit for illegal operations. I probably knew that I had been cheated. Please be careful with this platform, because you won't know that you are entering idfpower until you enter gold. Fund will always remain to be dealt with. Today, I saw that the score of Tianyan became higher, and the previous 21 exposures disappeared. I especially remind you to pay attention to this fraud platform

2022-07-30 01:59
    IDFPOWER · Company summary

    Note: IDFPOWER's official website: https://www.idfpowerie.com/ is currently inaccessible normally.

    IDFPOWER Review Summary
    Founded/
    Registered Country/RegionUnited Kingdom
    RegulationNo Regulation
    Market InstrumentsForex, Shares, Metals, Cryptocurrencies, Commodities, etc.
    Demo Account
    LeverageUp to 1:500
    EUR/USD SpreadFrom 1.3 pips (Standard account)
    Trading PlatformsMetaTrader5 (MT5)
    Minimum Deposit/
    Customer SupportEmail: services@idfpower.com
    Address: Unit G1, Capital House 61 Amhurst Road, London, E8 1LL, United Kingdom

    IDFPOWER is an unregulated financial company based in the UK. It offers Forex, Shares, Metals, Cryptocurrencies, Commodities, etc. via the MT5 platform.

    IDFPOWER

    Pros and Cons

    Pros Cons
    /Non-functional Website
    No regulation
    Lack of transparency
    No demo accounts

    Is IDFPOWER Legit?

    At present, IDFPOWER lacks valid regulation. Its domain has not been registered yet. We advise you to consider regulated brokers.

    What Can I Trade on IDFPOWER?

    IDFPOWER provides Forex, Shares, Metals, Cryptocurrencies, Commodities, etc.

    Tradable Instruments Supported
    Forex
    CFDs
    Commodities
    Indices
    Cryptocurrencies
    Shares
    ETFs
    Bonds
    Mutual Funds

    Account Type

    IDFPOWER provides Standard Account and Prime Account.

    Account TypeStandard AccountPrime Account
    EUR/USD Spread From 1.3 pipsFrom 0.0 pips

    Leverage

    IDFPOWER offers maximum leverage up to 1:500. Note that leverage can amplify both profits and losses.

    Asset ClassForex and Metals TradingCommoditiesIndicesSharesCryptocurrencies
    Max Leverage1:5001:2001:2001:201:2

    Trading Platform

    IDFPOWER offers MetaTrader5 (MT5) for trading.

    Deposit and Withdrawal

    IDFPOWER supports payment methods through Wire Transfer, Credit/Debit Cards, and E-wallet Processors.

    User Reviews

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    User comment

    4

    Comments

    Write a review

    Gennie
    more than one year
    IDFPOWER, IDF...uh-oh. No valid regulation? Not cool. Even with the MetaTrader 5 and tempting spreads on the Prime Account, I'm not risking it. The trading world is tricky, and without proper oversight, it's a red flag city. Plus, the short operating history? I'll pass. There are safer spots for my trading adventures.
    IDFPOWER, IDF...uh-oh. No valid regulation? Not cool. Even with the MetaTrader 5 and tempting spreads on the Prime Account, I'm not risking it. The trading world is tricky, and without proper oversight, it's a red flag city. Plus, the short operating history? I'll pass. There are safer spots for my trading adventures.
    Translate to English
    2023-12-11 18:51
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    Hoàng Thắm
    more than one year
    Alright, IDFPOWER looks promising with MetaTrader 5 and a variety of assets. Leverage options seem decent too. The Prime Account boasts tight spreads – starting from 0.0 pips on EUR/USD? That's impressive. And 24/7 support is a nice touch. But wait, the lack of proper regulation? That's a deal-breaker for me. Gotta have that assurance, you know?
    Alright, IDFPOWER looks promising with MetaTrader 5 and a variety of assets. Leverage options seem decent too. The Prime Account boasts tight spreads – starting from 0.0 pips on EUR/USD? That's impressive. And 24/7 support is a nice touch. But wait, the lack of proper regulation? That's a deal-breaker for me. Gotta have that assurance, you know?
    Translate to English
    2023-12-08 18:23
    Reply
    0
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