Introduction to Ivision Market:
Ivision Market, as introduced on its official website's corporate section, is registered and established in the United Kingdom. The information is confirmed by the search results from the Companies House website, indicating that the company is genuinely registered in the UK. According to the Whois query, the domain for the company's official website was registered on July 9, 2021, and the registration period has now exceeded two years.
Is Ivision Market Compliant and Legal? Does It Hold Appropriate Financial Regulatory Licenses?
The official website of Ivision Market indicates that the company holds a Money Services Business License (MSB License) issued by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury. While TraderKnows verified Ivision Market's registration information on the official Finecn MSB website, it's important to note that FinCEN is a U.S. financial intelligence agency primarily tasked with facilitating investigations, preventing, deterring money laundering, and countering the financing of terrorism. FinCEN does not regulate or authorize foreign exchange brokers. Therefore, Ivision Market appears to be taking advantage of investors' limited knowledge about regulatory authorities, engaging in deceptive advertising, and potentially conducting illegal operations.
Trading Instruments offered by Ivision Market:
According to its official website, Ivision Market offers trading services in forex, metals, energy, stocks, and indices.
Trading Software provided by Ivision Market:
Ivision Market provides investors with the MetaTrader 5 (MT5) trading platform, supporting desktop versions (Windows/MacOS) and mobile versions (IOS/Android).
Fund Safety:
Ivision Market has not disclosed any third-party fund regulatory information on its official website, raising concerns about the safety of users' funds.
Deposit and Withdrawal Channels:
Ivision Market has not disclosed any information regarding user deposit and withdrawal channels on its official website, making it unclear how users can deposit and withdraw funds.
Leverage Ratio:
The broker has announced a leverage ratio ranging from 1:300 to 1:1000, significantly higher than the typical leverage ratios of 1:10 to 1:100 found in compliant brokerage firms.
Summary:
This forex broker operates in potentially illegal financial activities without holding a forex regulatory license and has not disclosed crucial information related to user fund safety, deposit and withdrawal channels, and more. TraderKnows warns you that Ivision Market is a high-risk forex broker, and it is advisable to stay away from this platform to prevent potential personal financial losses.
Currently, Ivision Market is labeled as "Suspected Fraud" on TraderKnows.
