Cryptocurrency Exchanges

IDS Group Limited

1.4 (14 reviews)
🇨🇦 Canada
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1.4
14 reviews
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About IDS Group Limited

IDS Group Limited has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". IDS Group Limited is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: London, United Kingdom. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: idsgrouplimited.com.

Customer Reviews

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Disgraceful treatment of customers

S
Steven H.
9 months ago

KYC with IDS Group Limited is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Fast deposits|Smooth onboarding|Tax reports included

Cons: Live chat only during business hours|Limited social trading features

Proceed with extreme caution

T
Thomas S.
10 months ago

After seeing ads for IDS Group Limited online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Autorité des marchés financiers. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Billing department is a black hole

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Brooke S.
11 months ago

Do not believe the bonus offer from IDS Group Limited. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a review site like this one and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Risk management tools|Multi-currency support|Good mobile app|Dedicated account manager

Cons: No phone support on weekends|Website design could be more modern

Stay far away from this company

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Peter N.
1 years ago

I was contacted by IDS Group Limited through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Professional looking website

Cons: Cannot withdraw funds|Not regulated|Pressure tactics