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IFE MARKETS Broker Review: High rRsk (suspected fraud)

TraderKnows
TraderKnows
05-13

IFE MARKETS is a forex trading platform in Seychelles. This article evaluates IFE MARKETS on corporate entity, domain registration, regulatory license, corporate staff, trading software, and trade types.

IFE MARKETS Overview:

IFE Markets claims to be a trading brand under Global Investment House Limited, a company registered with the Financial Services Authority (FSA) in Seychelles. However, this information has been verified as false propaganda.

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Domain Registration of IFE Markets:

The domain was registered on September 18, 2018, according to Whois.

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Is IFE Markets legit or a scam? Does IFE Markets have any regulatory licenses?

The Financial Services Authority (FSA) of Seychelles does not list IFE Markets as a regulated entity on its official website.

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Employees of IFE Markets:

No information regarding IFE Markets' employees could be found.

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Trading Software Provided by IFE Markets:

IFE Markets offers X-Web and X-mobile as their proprietary trading platforms.

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Online Reputation and Client Complaints:

  1. IFE Markets claims to be an internationally registered business regulated by the FSA of Seychelles. However, there is no valid regulatory information to support this claim.
  2. Online reviews suggest that IFE Markets might be a fraudulent website, and potential customers are advised to exercise caution.
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Trading Products Provided by IFE Markets:

IFE Markets advertises a wide range of trading tools in financial markets, including forex, metals, commodities, and other CFDs.

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Contact Information of IFE Markets:

Investors can contact IFE Markets through:

  1. phone
  2. email

Conclusion:

Traderknows warns investors that IFE Markets lacks transparency in corporate information and valid regulation. IFE Markets is marked as "suspected fraud" due to negative public opinions on Traderknows. Investors are advised to stay away from this platform and choose brokers with transparent information, valid regulation, and good reputation to avoid unnecessary financial losses.

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Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Pig Butchering Scam

The 'Pig Butchering Scam' is a type of financial fraud that originated in Southeast Asia, but has now become prevalent globally. The name stems from the scammers' method of dealing with their victims: similar to raising pigs, they first 'fatten' them by building trust, and then 'slaughter' them by swindling away all their money.

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