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Score
Saint Vincent and the Grenadines
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 27
Exposure
Score
Regulatory Index0.00
Business Index7.20
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
IDS International Ltd
Company Abbreviation
IDS International
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Company summary
Pyramid scheme complaint
Expose
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!
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User comment
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