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Ivision Market deleted my account and I still have money in it.
Vitaliy Dubiv
Djibouti
2024-04-11
ANSWER Dear trader, please note that Ivision Market is not a regulated broker. Our investigation indicates that it is not registered with the Financial Conduct Authority (FCA), nor is it subject to the National Futures Association (NFA). This contradicts its attempts to establish credibility through claimed registration information.Furthermore, to highlight its unlicensed status and expose this potential scam, the FCA has issued a warning against Ivision Market, providing details about the situation.In light of these findings, we strongly advise investors to avoid Ivision Market to prevent becoming victims of potential fraudulent activities. For a more secure trading environment, we recommend investors to choose brokers who are fully regulated.
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How frequent is slippage?
Johann du Toit
Kuwait
2023-06-14
ANSWER Ivision Market is an unregulated broker that we advise against trading with despite the seemingly attractive deals it offers.Ivision Market claims to be registered with the Companies House (CH) under company number 13573035, and with the Financial Crimes Enforcement Network (FinCEN) under MSB number 31000238442500. While it is true that we located corresponding records in the registers of the aforementioned authorities, investors must be aware that the CH only serves as a registrar of companies in the UK, and the FinCEN's mission is to crack down on financial crimes. Therefore, mere registration with the CH and the FinCEN doesn't mean being authorized to legally provide financial services or products.Furthermore, Ivision Market purports to be regulated by the National Futures Association (NFA) with license number 0553552. However, our search for this entity in the NFA registry discovered that it is not an NFA member and thus is not subject to NFA oversight. This means that Ivision Market is operating outside the regulatory framework.Regarding your question, we suggest you avoid dealing with Ivision Market since it is an unregulated broker. It is a trading platform coming with significant risks such as financial losses and identity theft, as there are no safeguard in place to protect investors. Therefore, to avoid such risks, investors are encouraged to stay away from unregulated brokers like Ivision Market and choose a fully regulated one.
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