Company Overview
Fxideal.com also works with cryptocurrencies. The broker’s website doesn’t even have any information about the people who work there. What makes the company even stranger is that they use free stock photos of staff members on their website, which we are already working to get taken down. These things show that the broker is fake and that you can’t trust them. They also show that your investments are risky.Does FXIdeal Have Any License?
No, FXIdeal does not have any license. This means that it is not regulated by any financial authority and traders have no protection if the broker goes out of business or engages in fraudulent activities.Is FXIdeal Regulated By Any Authority?
The company IDEAL GLOBAL TRADING LIMITED owns and runs it. It has an address in the US and says it is controlled by the National Futures Association (NFA). It was found on the NFA website that IDEAL GLOBAL TRADING LIMITED is registered with the NFA, but only as an EXEMPT COMMODITY POOL OPERATOR and an EXEMPT COMMODITY TRADING ADVISOR. This does not make them a licensed NFA dealer in any way.
Pros and Cons
Pros:
- Wide range of trading instruments
- Competitive spreads
- Easy-to-use trading platform
Cons:
- Not regulated by any financial authority
- Poor customer service
- Slow withdrawals
- Manipulative trading practices
How Does FXIdeal Reach To Their Prey?
FXIdeal reaches its prey through a variety of channels, including:
- Social media advertising
- Paid search engine advertising
- Affiliate marketing
- Cold calling
Technical Details
FXIdeal offers a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies. The broker uses the MetaTrader 4 trading platform, which is a popular platform among forex traders.
Minimum Deposit:
FXIdeal’s minimum deposit is not specified in regard to their two available accounts. This is very suspicious as they can demand any amount when a new user goes to open an account.
Trading Platform:
FXIdeal offers the MetaTrader 4 trading platform. This is a popular platform among forex traders and it is available for desktop, web, and mobile devices.
Spread:
FXIdeal’s spreads are variable and depend on the trading instrument and the market conditions. They offer 1,9 pips which is floating and another account does not provide any spread information.
Leverages:
FXIdeal offers a maximum leverage of 1:100-1:400. This is relatively high leverage and traders should be careful when using it, as it can amplify both profits and losses.
Packages and Products They Offer
FXIdeal offers a variety of trading accounts, including:
STP account: This account is designed for experienced traders and the minimum deposit account is not specified.
ECN account: This account is designed for professional traders and it also does not specify the minimum deposit amount.
FXIdeal also offers a variety of trading products, including:
- Forex
- Commodities
- Indices
- Cryptocurrencies
Withdrawal and Deposit Method
FXIdeal offers a variety of deposit and withdrawal methods, including:
- Credit/debit cards
- Wire transfer
- Skrill
- Neteller
- Bitcoin
What Do Their Previous Traders Say?
There are many negative customer reviews for FXIdeal online. These reviews allege that FXIdeal has poor customer service, slow withdrawals, and manipulative trading practices. Here are a few examples of negative customer reviews:
- “I tried to withdraw my money from FXIdeal, but it took over a month to receive it.”
- “FXIdeal’s customer service is terrible. I couldn’t get anyone to help me when I had a problem with my account.”
- “FXIdeal manipulated my trades and caused me to lose a lot of money.”
Summing Up- Why Should Not You Trust FXIdeal
There are many reasons why you should not trust FXIdeal. The broker is not regulated by any financial authority, there have been many negative customer reviews, and the broker has been accused of manipulative trading practices.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money trading with FXIdeal, you may be able to recover your funds. There are a number of companies that specialize in recovering lost funds from scam brokers. However, it is important to choose a reputable company, as there are many scams in the recovery industry. You can also contact us to get a free consultation and service recommendations to help you in recovering the lost funds.
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Final Thoughts
FXIdeal is a scam broker that should be avoided. The broker is not regulated by any financial authority and there have been many negative customer reviews. If you are looking for a forex broker, there are many reputable brokers out there.
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