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

IDS International

Saint Vincent and the Grenadines|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.idsintl.com/en/

Website

Rating Index

Contact

+44 800 014 82 02
info@idsintl.com
https://www.idsintl.com/en/
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown VC0100 Saint Vincent and the Grenadines.
The WikiFX Score of this broker is reduced because of too many complaints!

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

Disclosure

Danger

ID BAPPEBTI
2022-09-20

Contact number

English

+44 800 014 82 02

Other ways of contact

Broker Information

More

Company Name

IDS International Ltd

Abbreviation

IDS International

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-11-20
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
  • 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 22 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

IDS International · WikiFX Survey

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IDS International · Company Summary

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!

News

Ponzi Scheme by IDS International: Some Ringleaders Are Arrested!

ExposurePonzi Scheme by IDS International: Some Ringleaders Are Arrested!

2021-06-22 10:34

Some culprits who orchestrated the Ponzi scheme of IDS International are under arrest.

WikiFX
2021-06-22 10:34
Exposure
Ponzi Scheme by IDS International: Some Ringleaders Are Arrested!

Review 27

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