IQBroker fake broker: fraudulent scheme review and customer feedback

Review of the Dishonest Activities of IQBroker Company

IQBroker is a CFD broker that attracts clients with various mythical benefits and beautiful charts. It offers a choice of over 300 assets, as well as round-the-clock technical support and a free demo account. However, behind all this fairy abundance are scammers using dishonest methods to deceive traders. The information presented on the website is fake, and the company’s licenses are empty words. In this review, we will examine the scheme of fraud and provide user reviews who fell into the trap at iqbroker.co.

Review of the Official Website of CFD Broker iqbroker.co

The iqoption.com site is well designed, with many icons, charts, and sections. It supports 17 languages, including Russian and English. The website sections are logically structured, making information consumption easier. However, despite its impressive appearance, all this beauty conceals the essence of fraudulent activity. The “About the Company” section contains dynamic charts and statistical data but lacks information about the company’s history, raising suspicions.

What is known about the “IQBroker” Company?

According to information on the website, the company started its operations in 2014. It is claimed that the number of users is growing every year, and there are more than 48,091,542 active accounts registered at iqbroker.co. However, the authenticity of this data is questionable. The broker provides false statistics not supported by client reviews.

Review of Trading Conditions at IQBroker Company

Users are attracted by the favorable conditions offered by the company, such as a choice of over 250 assets and a list of benefits, but all this turns out to be just a marketing ploy. Beginners are offered a free demo account with 10,000 USD, but after the expiration of its use, there are persistent attempts to convince you to make further investments.

Registration on the iqbroker.co Site: Detailed Review of the Procedure

To successfully register, you need to provide basic information about yourself in a special form. After that, verification is required, where you need to provide scanned copies of your passport for identity verification. Unverified traders may have limited access to some features.

Technical Support of the Scam Project “IQBroker”: Is It Worth Reaching Out?

The company’s support provides basic informational support but does not assist with fund withdrawals. Clients note insufficient attention to financial problems and dissatisfaction with the quality of service.

Traders’ Reviews on the Activities of CFD Broker iqbroker.co

Most user reviews are negative, mentioning insufficient service quality and withdrawal problems.

IQBroker: What is the Essence of the Scam?

The broker uses common fraudulent methods, hiding behind illusory promises and fake statistical data. After successful trades, withdrawal issues arise, leading to account blocking and customer disappointment.

Recommended Articles for You:

  • Forex Robot: Trading Buddy or Deposit Drain?;
  • How to Choose a Reliable Forex Broker in 2020;
  • What is Spread in Trading.

Summarizing the Review of the “IQBroker” Company

Customer feedback and review results confirm that IQBroker is a fraudulent project aimed at deceiving traders. Dealing with this company is not recommended due to the risk of disappointment and financial problems.