Idea-LFD: traders’ reviews and experts’ recommendations

Online Trading and Security

It is necessary to be wary of fraudsters in online trading, although such an opportunity allows you to earn money without leaving your home. Selecting a reliable broker requires careful analysis and studying reviews. One of the new companies in this area is Idea-LFD, which we will pay attention to.

Information on the Idea-LFD Website

Idea-LFD offers a wide range of tools for online trading various assets from anywhere on the planet. The website emphasizes high security standards and offers support in seven languages.

A legitimate company must have legal registration. However, the address and phone number provided on the Idea-LFD website raise doubts about their authenticity.

Despite the company’s claim of Swiss origin, an office in a small town in the Alps may seem like a strange choice. However, upon verification, we did not find Idea-LFD in the registry of registered companies in Switzerland.

Upon studying the terms of service document, we discovered a reference to the Republic of Vanuatu, which raises questions about the broker’s actual registration location.

Idea-LFD Licenses

According to the information on the website, Idea-LFD holds licenses from financial regulators of various countries. However, checking the registers of such regulators did not confirm the presence of Idea-LFD in the lists of licensed organizations.

Schemes of deception in Idea-LFD include persuading clients to open an account and deposit a large sum, after which the funds are blocked, and the scammers disappear. Such actions can lead to significant losses for clients.

Conclusion

Idea-LFD is a fraudulent organization without registration documents, licenses, and the right to provide financial services. The company’s website is not professional or stable enough, and online reviews confirm fraudulent activity. It is recommended to avoid dealing with Idea-LFD.