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The WikiFX Score of this broker is reduced because of too many complaints!

IVY Markets

Comoros|1-2 years|
Suspicious Regulatory License| MT5 Full License| Regional Brokers| High potential risk

https://ivy-markets.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
IVYMarkets-Live MT5
Server Location Singapore

Contact

+66 265944008
support@ivymarkets.com
https://ivy-markets.com
111/57 Moo 11 , Soi Rewadee , Tiwanon Road , TalatKhwan Subdistrict , Nonthaburi 11000, Thailand
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-03-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Comoros
Operating Period
1-2 years
Company Name
IVY Markets
Customer Service Email Address
support@ivymarkets.com
Contact Number
+66265944008
Company Website

Dũng Nguyễn Đình

Verified

Vietnam

I participated in the exchange through the Forex Insurance Capitals Metaquotes capital insurance program, and the exchange committed that I would be able to withdraw money. The conditions for participation are to open an account on the exchange and deposit 50% of the corresponding amount, then trade for 1 week without volume or deposit 100% to be able to withdraw immediately. The insurance money I received in account 888013 is $9200. I deposited $5100 and the exchange gave me a 50% bonus, which is $11621. I have been trading for over 1 month with a large lot size as required by the exchange, and my current balance is $24485. I made a withdrawal of $10000 on 3/1/2025 as promised by the insurance program that Ivy Markets LTD committed to. At that time, my account balance was $14250, which is enough to withdraw the capital I deposited, which was $5100, plus the insurance capital I received, which was $5000. But up to now, I have been trading with an account balance of $24485. That means I can withdraw $20285 at this time. However, it has been 15 days since I placed the withdrawal order, but the exchange has not allowed me to withdraw and has blocked me from accessing the exchange's website. If the exchange does not allow me to withdraw the profit, please return the capital of $5100 that I deposited.

Exposure

01-17

FX8599203322

Vietnam

Send to IVY Maket Company IVY Maket Exchange and IB Exchange have blocked my withdrawal orders and deceived support for withdrawals to log in and steal my account, then burned the account and blocked communication, changed the trading account password. I have filed a complaint since June 2024, but so far there has been no response from the exchange to me.

Exposure

01-10

Dũng Nguyễn Đình

Verified

Vietnam

Don't be fooled I was lured into Ivy Markets LTD in the middle of 2024 by someone claiming to be a Metaquotes employee: they said I would receive a Forex Insurance Capitals Metaquotes insurance capital of 5000 USD as a thank you to customers, because I had previously burned my account on many platforms. To withdraw, I need to open an account at a chosen platform and they directed me to Ivy. I need to deposit 50% and trade for 1 week without volume or deposit 100% to withdraw immediately. Someone was able to withdraw, so I entered for the first time with 2600 USD and a 100 USD deposit. Then there were 2 more people supporting me in trading according to orders, and in less than 1 week, my account 888026 burned nearly 10,000 USD due to spread widening. Then the platform staff requested support again, with an insurance capital of 9200 USD and a reset of the account for the new funds to come in. I was planning to quit, but the support person told me that each person would enter with 2500 USD, totaling 5100 USD. Before that, I had a 100 USD deposit and was able to withdraw 20 USD as a trial, so I entered. The platform staff urged me to take large orders and a 50% bonus, but I had to receive it in a new account, which is 888013. I traded as requested for over a month, but now I can't withdraw the money. When I try to access the website, it is blocked.

Exposure

01-09

FX2587774745

Vietnam

On December 30, 2024, I placed a withdrawal order for 1062.36 USD and the exchange reported that it was being processed. Every day, when I checked my account, I saw that it was still being processed. On January 3, 2025, when I checked again, I found that my account only had 12.93 USD left. When I accessed MT5, I discovered that Ivy Exchange had automatically placed 60 buy orders in my account within 3 minutes and burned 987.07 USD.

Exposure

01-09

FX7411919742

Vietnam

I placed a withdrawal order from 17/12/2024 until now, but the exchange has not confirmed it. Please help me withdraw money from IVY market.

Exposure

01-06

FX2378427335

Vietnam

I have a mentor and participate in trading, the mentor invites me to copy trades and burn my account. Continuously, they invite me to deposit more money to recover. And they have blocked all communication with me. The support team of the platform colludes and invites me to deposit a lot of fees to create bonuses, confirmation fees, and so on. Due to extreme anxiety and the desire to recover the lost amount, I blindly deposited a lot of fees but still couldn't recover anything. Now I can't contact them to recover the lost fees.

Exposure

01-02

Quang Minh

Verified

Vietnam

The platform executes orders arbitrarily, causing account losses, and the support does not provide assistance. Serious fraud, demanding a refund.

Exposure

2024-12-31

Quang Minh

Verified

Vietnam

I was stuffed with orders that were not caused by me, I lost $10,500 and went bankrupt overnight. I asked the exchange to return my money quickly so I could continue my work

Exposure

2024-12-30

FX2256637151

Vietnam

On November 25, 2024, I met an IB named Minh Quang (Zalo phone number: 0924.540.640) from IVy Markets. This person persuaded me to deposit a total of 12,000 USD into the platform under MT5 account 891418 for trading and copytrading. When I noticed signs of decline and fraudulent activities on the platform, I proposed a trial withdrawal of 84 USD. The platform approved it. However, when I requested a full withdrawal, the platform did not respond. Especially on December 27, 2024, the platform unilaterally executed a withdrawal order from my account, amounting to 5,000 USD out of a total of 6,227 USD. I have requested the platform to clarify the situation, but I have been unable to contact the IB or the platform's support.

Exposure

2024-12-27

FX3449536892

Vietnam

Withdrawal requests will not be processed by the exchange within 3 days.

Exposure

2024-12-26

FX3449536892

Vietnam

Withdrawal request has not been processed for more than 48 hours.

Exposure

2024-12-23

Thu Hà

Vietnam

Deposits are deducted before trading and cannot be used. Please contact us for withdrawal.

Exposure

2024-12-21

VoDucHuy

Vietnam

Scam from the exchange. Account locked, unable to withdraw money. I deposited 1000USD and made 1400USD but not allowed to withdraw. Delete account.

Exposure

2024-12-18

FX7011177332

Vietnam

Everyone, please pay attention to this broker, it scammed me out of $3,000 in October This morning, when I got home from work, I opened the app and analyzed it, then entered 5 0.20 buy orders and the market went up while I was waiting to take profit, then suddenly I realized I couldn't control my account. After that, I asked a guy to handle and work with the exchange's support but instead he asked me for my money in the exchange but I didn't know and also told the truth and the support said ok to reactivate my account I had to deposit an additional $1500. to activate the account but when i Deposited with two accounts, one account deposited $900, the other deposited $600 and sent photos to it but they said it was not possible because depositing with two bank accounts, the system could not handle it and I complained but Again, I received silence from support, so I lost more than $3,000 of my money. I advise everyone to stay away from brokers that interfere with their trading accounts so they should research before investing to avoid losing money unfairly like me and it deleted all my deposit history so I don't upload photos. Okay, that's what I share with everyone, find a reputable and quality brokerage to invest in and have enough licenses.

Exposure

2024-12-06

Văn Anh'n

Vietnam

Opened a withdrawal order for more than 1 day but did not receive the money, hoping for prompt handling.

Exposure

2024-12-03

FX3090059310

Vietnam

The price occasionally jumps around, and the money cannot be withdrawn.

Exposure

2024-12-02

phong bùi

Vietnam

I have burned my account while I couldn't trade for 2 days. At that time, I wanted to withdraw the amount of 947USD that I had, but suddenly when I checked my account, it was burned. I was very panicked at that time. This platform is fast in depositing, but very slow in withdrawing. I want to be approved and hope to recover the capital that I have lost.

Exposure

2024-12-02

Huy Bùi

Vietnam

Withdrawal processing takes a long time

Exposure

2024-11-29

FX3803177671

Vietnam

The exchange requests clarification on the initial issue of requiring players to deposit multiple times. When depositing nearly 1.4k, they receive a bonus. However, when players try to withdraw their funds, Tấn Sơn on the other side requires them to trade 3.6 lots. Even after completing the 3.6 lots, they still cannot withdraw. Tấn Sơn then states that the funds will be transferred to another account. I accepted the loss and wanted to withdraw the remaining coins, but Tấn Sơn requested that I place a buy order for 1 lot and a sell order for 1 lot, following their instructions. They would then cut any negative orders and place another green order to recover the capital. However, immediately after, the price difference of nearly 800 units caused me to lose all my account balance, leaving only 89 units. When I asked why, Tấn Sơn remained silent and deleted all the messages they had requested me to perform. I hope to receive an explanation from IVY Exchange.

Exposure

2024-11-23

FX3803177671

Vietnam

When initially depositing money to receive a bonus, it is not clear whether it can be withdrawn or not. When the user does not participate and withdraw money, the exchange platform requires completing 3.6 lots of trading volume before being able to withdraw money. When the player has completed the required trading volume, the exchange platform requires additional trading of 1 lot buy and 1 lot sell. If either of these two orders has a negative result, it will be cut. The remaining profitable order will be traded with an additional 1 lot. The result is that the exchange platform adjusts the price by nearly 800 pips, causing the player's account to be completely burned. Requesting the IVy platform owner to resolve this issue.

Exposure

2024-11-22

76
Account Information
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Official website

Website

  • ivy-markets.com

    Server Location

    United States

    Website Domain Name

    ivy-markets.com

    Server IP

    104.21.34.252

Company Summary

IVY MarketsReview Summary
Founded2018
Registered Country/RegionAmerica
RegulationExceeded
Market InstrumentsForexCommoditiesCryptocurrenciesStocks
Demo Account
LeverageUp to 1:400
SpreadFrom 0.2 pips (Standard)
Trading PlatformMT5
Min Deposit$50
Customer SupportPhone: +66265944008
Email: support@ivy-markets.com
Online Chat: 24/7
Physical Address: 111/57 Moo 11 , Soi Rewadee , Tiwanon Road , TalatKhwan Subdistrict , Nonthaburi 11000, Thailand

IVY Markets Information

IVY Markets, incorporated in the United States in 2018. It is a brokerage that provides Forex, Commodities, Cryptocurrencies, Stocks to traders, supports trading using MT5, and has two types of accounts for traders to choose from. At present, the regulatory status of IVY Markets is not normal, which is determined to be exceeded.

IVY Markets Information

Pros and Cons

ProsCons
Both accounts are commission-freeAbnormal regulatory state
Two types of accounts are exempt from swap feesThere are only 2 kinds of accounts
The trading platform is MT5

Is IVY Markets Legit?

Regulated Country/Region
Is IVY Markets Legit?
Regulated AuthorityNFA
Regulated EntityIVY MARKETS LIMITED
License TypeCommon Business Registration
License Number16332925
Current StatusExceeded
Is IVY Markets Legit?

What Can I Trade on IVY Markets?

IVY Markets offers over 1000 instruments across 6 asset classes, including more than 100 currency pairs, Commodities includes metals like gold and silver, and energy sources like crude oil and natural gas. There are also stocks, cryptocurrencies such as BTCUSD,ETHUSD and LTCUSD.

Tradable InstrumentsSupported
Forex
Commodities
Cryptocurrencies
Stocks
Bonds
ETF
What Can I Trade on IVY Markets?

Account Types

IVY Markets offers two types of accounts: Standard and PRO. Their minimum deposit is 50$, and the leverage is 1:400.

Account TypeStandardPRO
Minimum Investment Amount50$50$
Spread FeeFrom 0.2 pipsFrom 0.3 pips
CommissionNo commissionNo commission
Maximum Leverage1:4001:400
ProductsForex, metals, cryptocurrencies, energies, stocks, ...Forex, metals
Swap-freeAvailableAvailable
Account Types

IVY Markets Fees

The spread of the two accounts from 0.2 pips and 0.3 pips respectively. They are commission-free and swap free.

Trading Platform

IVY Markets offers MT5, which is available on both desktop and mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Desktop, MobileSkilled Traders
MT4
Trading Platform

Deposit and Withdrawal

IVY Markets supports 6 payment methods: MasterCard, Skrill, VISA, NETELLER, Perfect Money and UnionPay. It says withdrawals can be made in seconds.

Deposit and Withdrawal

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk

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