IFSL Group is a company that is trading multiple assets in the market. These include; Forex, crypto, stocks, metals, commodities, and indices. The only problem is that this entity is a scam. A reputable financial body has already blacklisted them in the world.
Trading with this scam will only lead to loss of money. The platform claims that digital currency investment is continuously growing, and the time to invest is now. The company is also providing educational resources to its clients.
IFSL Group claims that investors can increase their income using leverage trading. In regards to investors’ safety, the venture claims that it has an SSL certificate. This will not protect you from anything. The people you should be wary of are those running this scam.
The company views itself as a reputable multinational investment company. They also claim that their activities are transparent. The platform also states that its main focus is on the success of its customers. Sadly, they are only trying to lure you into their shady platform.
Trade with legit crypto trading companies in the market. These platforms are dedicated and have an excellent reputation. You can as well view their trading performance. Therefore, you will be making a sober decision.
You will not make any income with the IFSL Group. The actual location of this venture remains discrete. Additionally, we do not know who is responsible for their activities. The entity will not allow its customers to cash put their earnings.
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Once you join this platform that the moment that you lose access to your funds. The entity brags that it is working together with hundreds of dedicated expert teams in the industry. No images or finance background has been availed.
Therefore, it is hard to tell whether what IFSL Group puts up is correct. The entity states that its mains objective is to offer funds safety to its clients. It is hard to believe that a scam has the best interest of their victims.
The suspicious venture states that it has advanced trading tools at the disposal of its customers. They also have various social media handles. The trading entity is an anonymous entity. The fact does not change that this platform is a terrible scam.
The information that Ifslgroup.com provides makes them appear as an entity that has been in the market for decades. However, a quick search on whois.com will show you that this entity does not have a trading history.
IFSL Group was launched in July 2020. The domain name will expire on July 2021. A short duration shows that the entity is not reliable. Considering that the entity has been termed as a scam, their website must become none functional anytime. The platform has meagre traffic.
IFSL Group is offering various trading platforms; Sirix, MT4, and a Web-based platform. We were not able to verify whether the information they claim is accurate. The links to the software are broken. This is a red flag that shows the entity is a scam.
If they are a professional entity, the company should by now have rectified this error. The trading firm should be shut down immediately. The company provides a spread of 0.5 to 2.5 pips. Their leverage is surprising and below the regulatory standard.
IFSL Group offers leverage of 1:4. The entity is shady, and it does not matter what they promise. Chances of this Ponzi scheme exiting the industry are very high.
IFSL Group is accepting funds via Wire Transfers, Visa, MasterCard, and Skrill. The shady firm accepts a minimum amount of 5,000 EUR. The platform is expensive, yet they lack a trading history. There are better forex brokers in the market that accept as low as $250.
However, the company contradicts itself as they feature different minimum amounts. There is a minimal amount that you can withdrawal. According to the information on their website, you can cash out a minimal amount of 3,000 EUR via wire transfer.
The process will take 5 business days to be processed. You also need to be patient because the amount will reach your account after 10 business days. IFSL Group seems to be taking its time. Legit investment companies do not take this long to process investors’ funds.
Inactivity in traders’ accounts will be charged a fee of 10% for 6 months. The entity is offering bonuses to their clients. However, the requirements for these rewards are not explained in their T&C. It is unlikely that the company can change the terms as they suit their needs.
IFSL Group allegedly has a 24/7 customer support team. The company features an email address and a phone number on their website. Their office address is allegedly at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH969660, 3 Sheldon Square, Sheldon Square, London, W2 6PR.
The area is infamous for being a hotspot for scam entities. Their address shows that they are based in Marshall Island as well as in the UK. The trading company is availing contradicting data to confuse investors.
They will maintain a professional relationship with their clients till the time they want to cash out funds. The entity will stop responding to your email. Scammers go to a further mile of blacklisting their clients after getting what they want.
Any regulatory body in the universe does not regulate the company. They have already received a warning from the Financial Conduct Authority (FCA). IFSL Group is operating in the United Kingdom without meeting the required measures.
The platform being blacklisted is a clear indication that the entity is a Ponzi scheme. Regulatory bodies have strict rules to protect their citizens from losing funds. The investment venture must set aside a handsome amount of money to compensate their customers in case of insolvency.
Additionally, companies must segregate investors’ money in different accounts. This ensures that you don’t deposit money directly into the scammers’ account. You can therefore issue a chargeback from up to 540 days.
Investors’ funds are not safe in the IFSL Group. The platform is a discrete venture that nobody knows their whereabouts. It won’t be easy to get your money back once you venture with this entity. They do not have a license and a warning has already been issued against them.
The entity does not have a history in the market. Additionally, they do not have existing clients’ feedback. Investing with them is a blind move. Please stay away from this scam venture.
One of the greatest red flags with IFSL Group is that they have received an FCA warning. It clearly shows that this is a Ponzi scheme that will steal your hard-earned money in a blink of an eye.
The entity does not have a real office address. Therefore, it will be hard for investors to trace them down once they exit the market. Additionally, the initial amount that you can deposit in the IFSL Group is very high.
Invest with legit crypto trading companies that will genuinely earn you a reasonable income. Make sure that you research a company before taking every offer that is thrown at you. The majority of the investment companies in the market are not trustworthy.
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