Abstract:Exposed reveals Ivision Market's questionable activities, leaving traders angry over fraudulent practices and urging regulatory action for transparency and ethics.
In an unsettling revelation that has shaken the trading community, the broker known as Ivision Market, headquartered at 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ, with an additional office in Al Tamani Arts, Business Bay, Dubai, has come under fire for what appear to be highly questionable and potentially fraudulent activities. This exposé seeks to shed light on the murky activities of Ivision Market, a broker that claims to provide a broad range of trading instruments, including Forex, Crypto, Metals, Energies, Shares, and Indices, but has left a path of angry traders in its wake.
The dispute is on a sad instance involving a trader who created an account with Ivision Market on 08/08/22. Over many months, the trader painstakingly built up their account, adding a considerable profit to their original investment. The trader decided to deposit an extra AED 30,000 into their account following long negotiations with their broker, who was first named Sameer Khan but was subsequently confirmed to be Wakeel Ahmed.
However, the scenario deteriorated when the trader requested to withdraw their AED 30,000 capital amount due to past agreements with the broker. The broker then participated in a series of evasive measures, delivering nothing but hollow promises and missed deadlines, as seen in the graphic. The broker's unwillingness to deliver both the profit and the client's starting money has broken communication, leaving the trader without account updates since November 3, 2023, and forced to litigate.
This is far from an isolated example; countless other traders have had similar troubles with the Ivision Market, sparking a rising uproar among the trading community. Despite being subject to FinCEN regulation, Ivision Market's illegal position with the FCA UK Financial Regulatory raises serious concerns about its validity and the security of trader funds.
The broker's WikiFX rating of 5.30 out of 10 emphasizes the worries about its operations and the perceived danger to traders. With regulatory agencies and financial watchdogs increasingly investigating internet brokers' conduct, Ivision Market's case stands as a warning story for traders throughout the globe.
This expose aims to raise the voices of people impacted and to encourage regulatory authorities to take immediate action against such misleading tactics. The trading community expects openness, ethics, and responsibility from its brokers, and Ivision Market's present approach falls well short of these fundamental criteria. As the investigation proceeds, traders are reminded to exercise extreme care and do comprehensive due diligence before surrendering their hard-earned money to any brokerage business.
You may access Ivision Market's page to know more of exposures from different traders.
A 57-year-old former oil rig worker lost more than RM100,000 in savings after falling victim to an investment scam that claimed to offer Syariah-compliant returns.
Learn why high leverage in forex trading can lead to massive losses. Understand its risks, common mistakes, and how to manage leverage effectively for safer trading.
FCA's new measures, including PASS and AI Live Testing, aim to support financial innovation and attract international firms to the UK financial market.
The FCA has issued warnings against seven unregulated platforms—such as apexmarkets.live and Globalinvestmentmarket—for potentially targeting UK investors without proper licensing.