Analysis of IFP: Shedding Light on the Truth
IFP promises to assist novice traders by providing access to margin trading with high leverage and a wide range of instruments. The lack of reviews about the company necessitates users to conduct their own research before engaging.
Evaluation of IFP’s Reputation
IFP claims that their platform has been recognized for innovations, but the absence of evidence raises doubts. They state that the company has been operating since 1919, offering a wide range of services. However, in reality, they only started operations this year.
IFP claims to work with traders from the Russian Federation but does not provide accessible reviews. Their claims of a solid experience are unsubstantiated, and the lack of prompt support communication raises questions.
Legal Status of IFP
IFP asserts that it is officially registered in Australia, but the absence of an ASIC license indicates questionable practices. The listed office address in London also raises doubts, as the FCA does not confirm their activities.
IFP is responsible for promising access to a wide range of trading assets but conceals the conditions of financial operations. Users do not have access to information on transactions and commissions.
Lack of Reviews: a Cautionary Note
IFP currently lacks reviews, allowing them to engage in suspicious activities. Traders need to be vigilant and share their experiences to warn other users about the dangers of working with IFP.
Main Deception Mechanism
IFP attracts newcomers to its platform through cold calls and spam. Later on, they manipulate users by demanding unjustified commission payments. Upon refusal, users face the blocking of their accounts and accusations of contract violations.
Conclusion: Avoid IFP
IFP is a fraudulent broker aimed at deceiving users. Investing in the company can result in significant financial losses. It is recommended to steer clear of any collaboration with IFP and alert other market participants about their activities.
IFP offers moderate trading conditions that are competitive in the industry, while the overall company evaluation presents a comprehensive and reliable broker service.