Ivision Market foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://portal.ivisionmarket.com/signup, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
Ivision Market, also known as Ivision Market Ltd, is a forex and CFD broker that has been operating since its establishment in 2021. The broker claims to be headquartered at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom, and also lists additional locations in Labuan, Malaysia, Muscat, Oman, and Dubai, UAE. Ivision Market is a privately held entity that primarily targets retail traders seeking access to various financial markets, including forex, commodities, indices, and cryptocurrencies.
The company has positioned itself as a provider of advanced trading solutions, emphasizing its use of the MetaTrader 5 (MT5) platform, which is favored by many traders for its robust features and reliability. However, the broker has faced scrutiny regarding its legitimacy, with multiple sources indicating that it operates without proper regulatory oversight.
Ivision Market's business model focuses on offering trading services to individual retail clients, providing a range of financial instruments for speculative trading. Despite its claims of being a credible trading platform, the broker's lack of regulation has raised significant concerns among potential investors.
Ivision Market is classified as an unregulated broker, which poses substantial risks for investors. The broker has made claims of being registered in the UK and has provided a registration number (13573035) from the Companies House. However, registration with Companies House does not equate to being authorized by the Financial Conduct Authority (FCA), which is mandatory for any broker operating within the UK.
Furthermore, Ivision Market claims to hold a Money Services Business (MSB) registration from the Financial Crimes Enforcement Network (FinCEN) in the United States, but this registration does not offer any form of regulatory protection for forex trading. According to the National Futures Association (NFA), Ivision Market Ltd is not a member and therefore does not have oversight from this regulatory body.
Investors should be particularly cautious, as the absence of regulation means there are no legal protections in place to safeguard client funds. The broker does not provide any information regarding client fund segregation or participation in investor compensation schemes, which are critical in protecting traders' investments.
Ivision Market states that it adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, yet the effectiveness of these measures is questionable given the broker's overall lack of regulatory compliance.
Ivision Market offers a diverse array of trading products, catering to various trading preferences. The broker provides access to over 65 forex currency pairs, including major, minor, and exotic pairs. Additionally, Ivision Market lists a range of Contracts for Difference (CFDs) across multiple asset classes, including:
While the broker claims to continuously update its product offerings, specific details on the frequency of updates or the addition of new instruments are not readily available. The focus remains on providing retail trading services, with no mention of institutional client services or white-label solutions.
Ivision Market primarily utilizes the MetaTrader 5 (MT5) platform, which is renowned for its advanced trading capabilities and user-friendly interface. The platform is available for both desktop (Windows and macOS) and mobile (iOS and Android) devices, allowing traders to access their accounts and execute trades from anywhere.
The broker does not appear to offer a proprietary web-based trading platform, which might limit options for traders who prefer browser-based trading. The execution model employed by Ivision Market is not clearly defined, raising concerns about whether it operates as an ECN, STP, or market maker.
There is no specific information available regarding the server locations or the technological infrastructure that supports the trading environment. Additionally, the broker does not provide details about API access or automated trading support, which are essential for algorithmic traders.
Ivision Market offers several account types designed to meet the needs of various traders. The details of these accounts are as follows:
The broker does not specify the minimum trade size or overnight fees, which are critical factors for traders to consider. Additionally, the lack of detailed information on the conditions for each account type raises concerns about transparency.
Ivision Market supports various deposit methods, including bank transfers, credit cards, and digital wallets. The minimum deposit requirements vary by account type, with the micro account starting at $5 and the standard account requiring $1,000. The processing time for deposits is generally instant for credit/debit cards, while bank transfers may take up to five business days.
The broker does not charge any fees for deposits, but traders should be aware that their banks may impose fees for transfer services. Withdrawal methods mirror the deposit options available, but the processing times and potential fees for withdrawals are not clearly outlined.
Ivision Market offers customer support through various channels, including email and phone. However, the responsiveness and effectiveness of the support team remain uncertain, as many users have reported difficulties in communication, especially after funds have been deposited.
The broker does not provide a comprehensive suite of educational resources, such as webinars or tutorials, which are essential for traders looking to enhance their skills. Market analysis services, including daily updates and research reports, are also lacking, limiting traders' ability to make informed decisions.
Ivision Market claims to serve clients globally, but specific details regarding its target markets and regional offices are limited. The broker has been identified as an unregulated entity, which raises concerns about its operations in various jurisdictions.
Notably, the FCA has issued warnings against Ivision Market, advising the public to avoid dealing with this unauthorized firm. As such, potential clients in the UK and other regions where strict regulatory frameworks exist should exercise extreme caution and consider alternative, regulated brokers for their trading activities.
In summary, Ivision Market presents itself as a forex and CFD broker with a wide range of trading instruments and the use of a popular trading platform. However, the lack of regulation, transparency, and adequate customer support raises significant red flags, making it a risky choice for potential investors.
mike33
United States
scam scam . Do not not believe them , I was only able to get my back by filling a consulation form on rapidresponder, net
37130
2023-12-20
Samina 9951
United Arab Emirates
On 12th sept'2023 I had put request for withdrawal of 700 USD, and my request was approved, they told me I will receive my amount within 2-3 days, any how after 15days also i didn't receive my money, then again I mailed them regarding the same. Then they replied that they r stuck somewhere will release the amount to the earliest. But its been 3 months I didn't receive any money, and now they r not e1 replying to my email. I have sent them few reminder mails, but they r not replying to any of my emails.
Exposure
2023-12-15
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Sosaiza
Japan
Absolutely, Ivision Market is fantastic for traders who want access to a diverse range of market instruments. Their trading platforms are intuitive and easy to use, making it a breeze to execute trades quickly and efficiently. Plus, the platform's stability and reliability are top-notch, ensuring a smooth trading experience!
Positive
2024-07-09