IHForex is a scam broker who's only interest is in customer's deposit.
Once you have registered on their site, they call you 3-4 times per week to send them money and they promise you all sorts of absurd and unrealistic bonuses, even 100% of your deposit value, while other real brokers like
Saxo Bank,Dukascopy,MIG Bank do not offer such bonuses and never will, its obvious why.
After you made the deposit and you receive your bonus, you start to find out about all kind of weird and impossible conditions which refer to the bonus, like the need to trade 1000 lots or not being allowed to whitdraw any money for a year.
Immediately after sending your money, the problems start appearing : requotes,fake candles.
If you try to whitdraw any money, they call you 10 times to convince you not to whitdraw them , because "good times will come in Forex and you will make imense profit".
If you actually decide to whitdraw them nevertheless, the processing of the whitdrawal request lasts one month and they dont even send you all the money you requested.
And there is no transfer proof or paper, even so, I have obtained one of these and on the transfer notice it wrote that I am a marketing agent of IHF, thus the reason for the transfer.
This means that IHF practices are fraud and tax evasion, because it puts the whitdrawals of the customers as company expenses, fact wich reduces the imposit of the firm.
To be more precise, I will give this example:
- The company has a profit of 10 000 $
- Actual expenses are 2000 $
- Net profit is 8000 $ (depending on the country in wich the firm is registered, it pays a up to 30% imposit on
the 8000)
So they "hire" customers and put the transfer on the sake of company expenditures
If the client whitdraws 10 000 $ they apply the "scam" I showed you.
It results in 12 000 $ company expenses compared to just 10 000 $ profit.So the company is loosing money, and they dont pay any imposit.
But the client, being hired by them, as written on the money transfer paper, if he is being catched by the fiscal authority in his country, he pays a penalty and big imposits, because he didnt declare that he has been hired.
So IHF should be avoided at all costs, they steal money from clients accounts, they offer absurd bonuses,they practice fraud,tax evasion and more importantly, they dont give money back to people.
For more information and proof about their scam schemes and to see what others have to say about it, check this link :
IHForex SCAM Evidence | REAL EVIDENCE