Warning: Is IQFX a Scam?
Our experts warn you to avoid IQFX (iqfx.live). Users have reported withdrawal issues.
IQFX (iqfx.live) - Legit or Fraud?
We audited IQFX (iqfx.live) and uncovered alarming facts.
We found that the company name is IQFX Ltd, it is located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and the phone number is '+9647810641274.
IQFX claims to be a trading provider, but it appears currently unlicensed by any major authority, like the ASIC or CySEC.
Victim of IQFX?
If you believe you have been scammed by IQFX, act immediately. Submit the form below to consult our cyber-forensics team for a no-obligation assessment.
Regulatory Check: IQFX
The most alarming sign is that IQFX (iqfx.live) lacks regulation from a credible authority.
Investing with unregulated entities is very unsafe. Real firms are must be registered with agencies like the SEC, ASIC, or FCA for your protection.
IQFX lacks this supervision. As a result, there is no safety net if they keep your funds. Many online scams involve unlicensed entities, and getting back money from them is challenging without expert assistance.
For example, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, meaning your money is completely exposed.
Warning Signs of IQFX
Investment fraud is evolving. Fraudsters use manipulation to take your savings. Here are common tactics seen in brokers like IQFX (iqfx.live).
Dating App Scams
"Pig Butchering" is a brutal method where scammers groom victims over weeks. They fake a friendship on social media. Eventually, they introduce a secret investment. It is a lie to get you onto a scam site like IQFX.
Fake Trading Dashboards
Scammers build websites that mimic real trading apps. They have charts and profits that go up. But it is a simulation. The broker manipulates the prices to convince you so you invest more. If you ask for a payout, the "profits" disappear.
Red Flags
- Cold Calling: You get calls from "brokers" you don't know.
- Unregulated: The firm has no legal registration.
- High Returns: They promise 1% daily returns or risk-free trades.
- Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
- Pressure Tactics: Agents pressure you to deposit more.
Do not trust fake reviews. Fraudulent brokers often post their own 5-star reviews to appear real.
Verdict
IQFX is unsafe. It appears to be a scam. Save your funds and find a licensed broker. Avoid iqfx.live at all costs.
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