Score
INGFX
China|2-5 years| https://www.ingfxgroup.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed INGFX also viewed..
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Website
ingfxgroup.com
Server Location
Hong Kong
Website Domain Name
ingfxgroup.com
Server IP
47.75.113.220
Company Summary
Note: For some unknown reason, we cannot open INGFXs official site (https://www.ingfxgroup.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
INGFX is allegedly a forex broker registered in China that claims to provide its clients with over 150 tradable commodities with leverage capped at 400:1 and spreads from 0.0 pips on the leading MetaTrader5 trading platform, as well as 24/7 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that INGFX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.15/10. Please be aware of the risk.
Negative Reviews
Some traders shared their terrible trading experience on the INGFX platform at WikiFX. They said this platform is a scam and they are unable to withdraw from the broker. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Market Instruments
INGFX advertises that it offers more than 150 trading commodities, as well as forex currency pair trading.
Leverage
The leverage offered by INGFX is capped at 400:1, which is much higher than that provided by most brokers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads
INGFXs website claims on its home page that the spread is as low as 0.0 pips.
Trading Platform Available
The platform available for trading at INGFX is the worlds most widely-used MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
INGFX‘s customer support can only be reached by email: admin@ingfxgroup.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 18
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Review 18
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Nataya
Thailand
I have pressed withdraw money, but I don't want to withdraw if I have to pay tax. Do you want funds?
Exposure
2022-08-29
Mpro
Thailand
Profitable trading, do not withdraw money, make capital and profit When trading, trading, just pulling money. Now I can't log in. Cheating the buffalo chip.
Exposure
2022-08-19
FS Oat
Thailand
want to withdraw the money deposited into but does not allow to withdraw, recently blocked the id from entering the system
Exposure
2022-08-19
FX3782110266
Thailand
Pretend that you have to pay taxes here and there. In conclusion, you can't withdraw.
Exposure
2022-07-18
P@Nai
Thailand
Definitely cheating, bad brokers.
Exposure
2022-06-30
FX2861636451
United Arab Emirates
Do not invest with them. They demand extra 5000 dollars tax to withdraw my fund. They use different tricks to ensure that they can steal from. The customer support is not working. Such a useless company.
Exposure
2022-06-06
jimmy111
Australia
They will not let you withdraw.
Exposure
2022-06-06
FX2637551774
Thailand
It claims that it saves us its money. Our money has gone down a lot. want us and our children to have a better life family planning Good enough when withdrawing money to pay tax and then can't withdraw. It works as a team.
Exposure
2022-05-17
FX1096019986
Japan
Unable to withdraw. It is said that I have to pay tax before withdrawal. I cannot even withdraw my principle. It is definitely a fraud platform.
Exposure
2022-04-29
FX3054309621
Thailand
Chat to inquire and it is blocked as well. Definitely cheating
Exposure
2022-04-22
FX2905356675
Thailand
INGFX informs that tax has been paid and fully transferred in USDT. I contacted and did not manage. The advicer escaped.
Exposure
2022-04-15
FX3054309621
Thailand
Can't withdraw money, lost balance, but there is no money. 100% cheating. Don't be fooled to invest in bad brokers like thi anymore.
Exposure
2022-04-05
FX3054309621
Thailand
It's been almost a month since I've withdrawn money. For unknown reasons, the account balance disappeared but the amount that has not been withdrawn. Clearly cheating. Can't find any other drag have to cheat the villagers Chat and ask. It's blocked. Really prosperous.
Exposure
2022-03-25
FX3054309621
Thailand
We press to withdraw for more than a week. There is just silence. Normally, withdrawing money here has to wait to send a letter to the broker first? Did you intend to cheat in the first place?
Exposure
2022-03-20
FX3054309621
Thailand
Press withdraw, but it's broken status. What do you mean? Withdraw $100 and it can be withdrawn, but when withdrawing $800, I can't withdraw. Not that profit, I want to withdraw funds, please help.
Exposure
2022-03-16
FX3054309621
Thailand
800 usdt withdrawal still not arrived but withdraw 100 usdt Before that, what should I do to get 800 usdt? It's been a week. Does it have to be that slow? Was it stolen?
Exposure
2022-03-16
FX2147798941
Taiwan
Totally a fraud platform. They used to tell me to transfer to the bank card, but I can't see the money for a long time. Treat an investor is an idiot? When I wanted to ask, the customer service didn't answer. I purposely had problems with the Internet all the time. I wanted to say that the Internet was no problem once before! Finished entering my member account number! Problems with the network? Do you want to pay back the money?
Exposure
2022-02-26
FX1454862799
Netherlands
Their website was unprofessional, and their customer service was poor. It took them two days to respond to my queries, which is unacceptable in the fast-paced world of trading. Due to these issues, I quickly withdrew my funds and closed my account. Fortunately, they did not give me any trouble during the process. I would not recommend INGFX to any serious trader.
Neutral
2023-03-29