IvyTrusts is a forex broker that is supposedly located in the Saint Vincent and the Grenadines. In the review below, we take an in-depth look at the features IvyTrusts.com allegedly offers. This review answer the questions: is Ivy Trusts legit? Is IvyTrusts good? The review covers aspects of its licensing, its account types, its leverages, its withdrawal and deposit methods. Read through our review to see what we and other experts have to say about IvyTrust.
Table of Contents
Ivy Trusts Trading Platform
Ivytrust.com looks professional and well designed. At first glance we discover that this broker doesn’t broker support neither the MT4 nor the MT5 trading platform. They use a custom platform to offer assets such as Forex (with leverages up to 1:400) CFDs, Indices, Stocks, and Precious metals.
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Below are snippets this broker thinks will be of interest to traders.
- Exceptional Trade Execution
- Security Of Funds
- Sophisticated Tools
- Tight Spreads
Ivy Trusts Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea as to how a broker might work.
After thoroughly checking we discovered that this broker has four account types
Ivy TrustFX Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us, because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
In the payment area, the way to deposit is to contact the account manager. This does not speak well of this broker.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal.
Is Ivy Trusts Licensed?
Licensing is another important part, because a regulated broker can be trusted to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it is actually regulated.
IvyTrusts claim to be registered in Saint Vincent and the Grenadines.
St Vincent and the Grenadines is a place that attracts shady brokers because of their lack of proper licensing laws and a regulatory body
Traders should always ascertain if a broker is licensed before investing in them. They should check regulatory bodies such as the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others.
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Accounts
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
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Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
We wouldn’t recommend using this forex brokerage, we are not impressed with the vague information they have provided.
In conclusion, we wouldn’t advise or recommend you to trade with Ivytrusts.com as they don’t give any valid information concerning if they are a regulated broker.
Ivytrust.com is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
Yes I can confirm your Article on Ivy Trusts. They are a total scam. I sent them $5000 and they would not give it back. Also their software is fraudulent. I am seeking legal advice on how to obtain my funds back. Please folks do not use them.
Also note that the website Trust Pilot is also a scam….fake IDs are posted to give glowing reports and anything negative gets wiped off !! why ? well companies like Ivy Trust are the paying customer to such sites and they have the power to do this. So be well aware..
Run away as fast as you can from Ivy Trusts , PLEASE> A good and accurate article. Well done.
I unfortunately began trading with IVYTRUSTS in July 2020. It is now September and I have lost in excess of $100k USD.
I was assigned to a senior consultant by the name of Tony De Rossi who was very informative of the shares we would trade. Trades would take minutes to do with positive profits. The more money I poured in the more attentive he was and larger profits were made until the day I told him I needed to withdraw my funds I had deposited. We had made over $100kUSD in profits. I didn’t want to withdraw the profits just my funds I had deposited. The time then changed and I was made to feel guilty and was told I had to trade for that day as he had paid for the information of what we were to trade. Instead of 3 or 4 trades like we would usually do I was coerced into 20 trades with a massive loss and half of my funds were gone. I was told I took to long to trade and I would be referred to the “recovery department”. Later that evening Tony contacted me and I was told I was to blame for the loss. I requested in writing for the remaining of my funds to be withdrawn. I followed their policy with ID and bank details along with a wallet address. This never occurred. Instead I was referred on to his PA Tom Green who also mimicked Tony’s behaviour and mannerism. I again was told I couldn’t withdraw my money until all trades were closed. I had no trades open. I constantly said all I want is my money refunded and then again I was trading so my funds could be released. My balance in mutes was ZERO and again I was told it was my fault. No one from IVYTRUSTS wants a bar from me. I tell my story and they all say it’s my fault.
Stay well and truely away from this fraudulent company – you will never see your money again!
I agree Ivy Trusts is a SCAM. I lost $12,500 AUD overnight to them. As soon as you indicate you want to withdraw your money (as I did), that is when they pretend to trade and lose it. They convincingly put quite a bit of pressure on you to invest as much as you can with promises of making a lot of money. Yes, too good to be true. I dealt with Ross Feldman. Don’t invest with Ivy Trusts and sorry to say, if you already have, you won’t get your money back, unless it is a very small amount. They are a SCAM.