Score

1.42 /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 Index6.33

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

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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

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-06
  • 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
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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

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FX1511115375
more than one year
IDFPOWER is an impressive broker! Their diverse asset selection and tight spreads on the Prime Account make trading highly rewarding. The MetaTrader5 platform is a game-changer, offering advanced tools for technical analysis and EAs. Their 24/7 customer support is top-notch, always available to assist with any queries.
IDFPOWER is an impressive broker! Their diverse asset selection and tight spreads on the Prime Account make trading highly rewarding. The MetaTrader5 platform is a game-changer, offering advanced tools for technical analysis and EAs. Their 24/7 customer support is top-notch, always available to assist with any queries.
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2023-07-19 18:22
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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
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