
Ibells FX says it is a trusted forex broker and also states that it is globally licensed & regulated. However, after taking a look at its website, it shows that they do not fall under any regulating agency as it shows no details about its regulatory body or the license number.
Meanwhile, Ibells FX states to be a company registered in the SVG and also has office in the Abu Dhabi, United Arab Emirates. To operate financial services including forex offerings in the two places, the company needs to be both registered and regulated in financial regulators of the counties. But the research result showed it doesn't have one when we searched on the two regulators. That means the company is not monitored and held responsible by no authority whatsoever. Therefore, it is a scam.
The Italian financial authority CONSOB issued a warning that Ibells FX has not been authorized to carry out investment services and activities. You may check https://www.consob.it/web/consob-and-its-activities/press-releases
The Italian financial authority CONSOB issued a warning that Ibells FX has not been authorized to carry out investment services and activities. You may check https://www.consob.it/web/consob-and-its-activities/press-releases
BrokersView found the domain "https://www.ibellmarkets.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
BrokersView found the domain "https://www.ibellmarkets.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.