IVY Markets Review 79
I deposited $70 into my account and when I had a profit of $146, the platform did not allow me to withdraw the money and disabled my entire account. I have sent multiple messages and emails requesting the return of the money, but have not received any response.
Below is my entire deposit history and I requested the exchange to fully refund me the principal amount and the profit as I have traded on the system and still have the transaction history and I did not cheat in the transaction. I have emailed the exchange for processing but have not received a response.
From 12/09-5/11, I deposited a total amount of $70,000 (1,750,000,000 VND). I transferred the investment money to Ivy Markets with account number VNT11060013298311, account name IVY LMT. However, during the trading process, I placed orders and made a profit of 3,671,000,000 Vietnamese dong (equivalent to $146,875) including both principal and interest. I requested withdrawals of $23,000 and $19,000 on 31/10/2024, but they were both rejected, and I received an email stating that I was involved in fraudulent transactions. On 31/10/2024, I received $1,700, which was the most recent deposit I made, and it was deducted from my MT5 account balance of $146,875. From 31/10-5/11/2024, I sent multiple emails requesting the return of the $146,875, but I did not receive any response from the platform. Therefore, the total amount of both principal and interest that I have not received is $146,875 (attached image included).
On 12/09/2024, I had a friend on Zalo named Tuấn Trần who invited me to invest and open an account for me to trade foreign exchange at IVY MARKETS. Tuấn Trần, the person who guided me in placing orders, allowed me to join his trading group. From 12/09 to 5/11, I deposited a total amount of $70,000 (1,750,000,000,000 trillion VND). I transferred the investment funds to IVY MARKETS with the account number VNT11060013298311, under the account name IVY LMT. However, while trading, I placed orders and made a profit of 3,671,000,000,000 trillion Vietnamese dong (146,875$), including both the principal and the profit. I tried to withdraw $23,000 and $19,000 on 31/10/2024, but both were rejected, and all of my profits were deducted.
ID MT5: 887586 Name: Trần Thị Trang Phone number: 0947681758 - I participated in investment at IVY MARKETS, but after investing $70,000 and earning $146,000,000 in profits, I couldn't withdraw the money and the platform has confiscated all my funds with the reason of fraud. However, I traded everything at market prices, and I see this as a sign of deception. I'm here to warn everyone, and I will file a lawsuit with the police. In addition, I will expose this on all platforms to warn others to stay away.
From July 22, 2024 to September 5, 2024, I deposited $31,600 into Ivy Market. After trading until September 5, 2024, the trades were profitable and generated a profit of $18,400 (about 460 million VND). Then, on September 6, 2024, when I requested a withdrawal, the exchange responded via email that the system was under maintenance. Until September 16, 2024, I still couldn't withdraw my capital. During this period, the exchange always tried to manipulate the buying and selling prices significantly different from the market, so I felt uneasy about the trading. At 6:00 PM on September 19, 2024, the exchange returned my capital, so the remaining amount in my account was $18,400. However, at 6:30 PM on the same day, the exchange arbitrarily seized my $18,400 and deleted my account.
On September 18, 2024, I traded on Ivy Markets and my mt5 account was deleted by the platform, along with the deposit and withdrawal function. They embezzled 18,400 USD from my account with ID 883869. Now I cannot log in to mt5 or make deposits and withdrawals.
The platform is a scam, everyone be careful. They manipulate trades and wipe out my account, stealing all my profits of 18,000 USD. People need to be cautious. Don't be fooled by high ratings and fall into the trap.
