IDS International Review 27
Incompetent IDS International defrauded again by IDS!!!


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Incompetent IDS International defrauded again by IDS!!!
In this comprehensive review of Ids International, we explore the overall sentiment surrounding this forex broker, which has garnered mixed feedback from users and experts alike. While some users praise the speed of deposits and withdrawals, others raise concerns about the lack of regulation and potential risks involved in trading with this broker. Key features include the use of the popular MetaTrader 4 platform and a rebate program that aims to enhance trading profitability.
Note: Its essential to consider that Ids International operates across various jurisdictions, which may affect user experiences and regulatory oversight. This review synthesizes data from multiple sources to ensure fairness and accuracy.
Category | Rating (out of 10) |
---|---|
Account Conditions | 4 |
Tools and Resources | 5 |
Customer Service and Support | 3 |
Trading Setup (Experience) | 5 |
Trustworthiness | 2 |
User Experience | 4 |
We assess brokers based on user feedback, expert analysis, and factual data from various sources.
Founded in 2019, Ids International is an offshore broker based in Saint Vincent and the Grenadines. This broker offers trading through the widely-used MetaTrader 4 platform, allowing access to a variety of financial instruments, including forex pairs, commodities, and indices. However, its crucial to note that Ids International operates without significant regulatory oversight, which raises concerns about the safety and security of client funds.
Ids International is based in Saint Vincent and the Grenadines, a jurisdiction known for its lax regulatory framework. The lack of regulation means that traders do not have the same protections as they would with brokers licensed by reputable financial authorities. According to multiple sources, including WikiFX, Ids International has received numerous complaints and is listed among unregulated brokers.
Users report that Ids International offers relatively fast deposit and withdrawal services. However, the specific payment methods available are not well-documented in the sources reviewed. Its advisable for potential clients to verify available options directly on the broker's website.
The broker advertises a minimum deposit requirement of $100, which is relatively low compared to many competitors. This could make it accessible for new traders looking to enter the forex market.
Ids International offers a rebate program designed to return a portion of trading costs to clients, which could enhance overall profitability. However, the details of these promotions are often vague, and prospective traders should exercise caution and read the terms carefully.
Ids International claims to provide a range of trading instruments, including over 60 forex currency pairs, precious metals, and various indices. However, some reviews indicate that the authenticity of these claims is debatable, as there is limited transparency regarding the actual offerings.
The spreads offered by Ids International have been reported to float around 2.5 pips for major pairs like EUR/USD, which is not particularly competitive when compared to regulated brokers. Additionally, there is little information about commissions or other hidden fees, which could impact trading profitability.
The broker provides leverage up to 1:100, which is standard in the industry. However, traders should be cautious, as higher leverage increases the risk of significant losses.
Ids International primarily uses MetaTrader 4, a platform favored for its user-friendly interface and extensive analytical tools. However, the lack of a proprietary platform may deter some traders seeking more advanced features.
While Ids International operates in various regions, it does not provide services to residents of certain countries, including the United States and several others. This limitation is typical among offshore brokers.
Customer support is reportedly available in English, but reviews indicate that response times can be slow, leading to frustration among users. According to WikiFX, the broker has received a significant number of complaints regarding customer service issues.
Category | Rating (out of 10) |
---|---|
Account Conditions | 4 |
Tools and Resources | 5 |
Customer Service and Support | 3 |
Trading Setup (Experience) | 5 |
Trustworthiness | 2 |
User Experience | 4 |
In conclusion, Ids International review reflects a broker that may appeal to novice traders due to its low entry barriers and familiar trading platform. However, the significant risks associated with trading through an unregulated entity cannot be overlooked. Prospective clients should conduct thorough research and consider the potential pitfalls before engaging with this broker.
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