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Ibells FX

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Operating status: SCAM

Website: https://www.ibellmarkets.com/

Broker violations and abnormal records
  • 2022-06-22 Brokersview has Reviewed that Ibells FX is an Unregulated Forex Broker

    Ibells FX says it is a trusted forex broker and also states that it is globally licensed & regulated. However, after taking a look at its website, it shows that they do not fall under any regulating agency as it shows no details about its regulatory body or the license number. 

    Meanwhile, Ibells FX states to be a company registered in the SVG and also has office in the Abu Dhabi, United Arab Emirates. To operate financial services including forex offerings in the two places, the company needs to be both registered and regulated in financial regulators of the counties. But the research result showed it doesn't have one when we searched on the two regulators. That means the company is not monitored and held responsible by no authority whatsoever. Therefore, it is a scam.

    Ibells FX says it is a trusted forex broker and also states that it is globally licensed & regulated. However, after taking a look at its website, it shows that they do not fall under any regulating agency as it shows no details about its regulatory body or the license number. Meanwhile, Ibells FX states to be a company registered in the SVG and also has office in the Abu Dhabi, United Arab Emirates. To operate financial services including forex offerings in the two places, the company needs to be both registered and regulated in financial regulators of the counties. But the research result showed it doesn't have one when we searched on the two regulators. That means the company is not monitored and held responsible by no authority whatsoever. Therefore, it is a scam.
  • 2022-06-22 CONSOB Added Ibells FX into its Warnings

    The Italian financial authority CONSOB issued a warning that Ibells FX has not been authorized to carry out investment services and activities. You may check https://www.consob.it/web/consob-and-its-activities/press-releases

    The Italian financial authority CONSOB issued a warning that Ibells FX has not been authorized to carry out investment services and activities. You may check https://www.consob.it/web/consob-and-its-activities/press-releases
  • 2022-11-17 BrokersView has found that Ibells FX is not working

    BrokersView found the domain "https://www.ibellmarkets.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://www.ibellmarkets.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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