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Scam Broker - iptmarkets.com

Discussion in 'Scam Alerts' started by wajahat, May 11, 2019.

  1. wajahat

    wajahat Recruit

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    Ipt Markeet Big Scam Broker
    Total Furad Broker Ipt Markeet
    Do not deposit Please
    Please see this Pic
     

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  2. 4evermaat

    4evermaat Sergeant Major

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    FPA really needs templates for the scam alert threads. People are just posting anything and very often it is very incomplete.

    Let's create a proper timeline of events:

    1. what is the alleged misbehavior done by the company? What date/time did this occur?
    2. Have you tried to contact the company? can you provide screenshot of email/live chat/etc of the company's response?
    You cannot just scream scam and think everyone can read your mind You have to be specific about what crime/misbehavior the broker has committed.
     
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  3. 4evermaat

    4evermaat Sergeant Major

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    @wajahat can you please update us with more details please?
     
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  4. FxMaster

    FxMaster Lt. Colonel

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    Just saying the scam is not enough brother, It will be good if you can share more details about your problem with them so we can suggest you proper steps to take regarding your issue.
     
  5. wajahat

    wajahat Recruit

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    broker name iptmarkeet.com
    this broker very big scam
    My Account number 640204
    i deposit 175$ USD
    im strat trade i make profit but profit withdrwal not send this broker 175$ deposit back 218$ USD not send back my account balance 0.00 USD total balance zeroing this broker manwal trade live chat and email not response not repley jest Whtsaap response my manager
     

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  6. 4evermaat

    4evermaat Sergeant Major

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    @wajahat This is much better to create a timeline.

    The broker says you made a withdrawal of your deposit $175. What method did you use to withdrawal (wire transfer, payment processor, credit card refund, etc? Did you receive the withdrawal?

    What country is your bank/payment processor located?

    What country/nationality are you from?

    Could you take screenshot of when you made deposit? Or better yet, generate a complete account history and attach it here. If the file is too big, use dropbox or other cloud storage. Test the share link in Private/Incognito window. If you can view/download the file there, then you verify it can be publicly accessed.

    Also, take a screenshot of when you withdraw $175.

    Do you have a copy of the bonus terms/conditions when you accepted the bonus?


    ----

    You must now formally invite the broker to this thread using the invitation tool on this thread. Follow this tutorial: https://www.forexpeacearmy.com/comm...how-to-invite-a-company-to-your-thread.58438/

    Also please leave a review of your experience: https://www.forexpeacearmy.com/forex-reviews/16284/iptmarkets-forex-brokers


    But the fact that profit was intentionally not paid (and was purposely zero-ed out) seems very scammy to me. The broker says you must have traded 29 lots first.

    Actually, the fact that the broker is loosely regulated, and is offering deposit (or any other bonuses) is highly suspicious. There is a reason why bonuses of this kind are blocked in most developed countries, as it turns serious financial institution into a gaming/casino type of operation.

    This guide helps to discern how to categorize a broker tier, which helps determine how legit the broker's operation is.
     
    #6 4evermaat, May 18, 2019
    Last edited: May 18, 2019
  7. 4evermaat

    4evermaat Sergeant Major

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    Interesting note. IPT Markets (Index Premium Trade Markets) is owned by "BLACK PARROT LIMITED" located in the Marshall Islands. It is managed by "BLONDE BEAR OU" or "BLONDE BEAROU". This is according to their terms and conditions. Assuming that these are "real" entities formed in Marshall Islands, I think the chances of getting profit is nearly zero.

    On page 8, the section "MARKETING PROMOTIONS & BONUSES"

    "...IN THE INTEREST OF FAIR TRADING , CUSTOMER MUST BUY OR SELL AT LEAST 3 LOTS, IN THE REAL-MONEY MODE, FOR EACH UNIT OF $10 BONUS GRANTED BY IPT MARKETS BEFORE SUBMITTING ANY WITHDRAWAL REQUESTS."

    So if you got a $87 bonus, then 26 lots (3 x 8.7) was required volume to be traded.
    on the same page 8, further down it states.


    "...IN CASE THE DEPOSIT BONUS THAT HAS BEEN PROVIDED EXCEED 25% OF THE INITIAL DEPOSIT, A CUSTOMER REQUEST TO WITHDRAW FUNDS PRIOR TO MEETING THE LOTS TRADING REQUIREMENT FOR WITHDRAWING THE BONUS ALLOTTED FUNDS NOT COMPLETED, THE BONUS RECEIVED, AND PROFITS WILL BE DEDUCTED FROM THE REQUESTED WITHDRAWAL AMOUNT.

    again i will repeat:


    On page 24 (labeled 21) "Deposit and withdrawal policy"

    "...IPT MARKETS' S CUSTOMERS MAY REQUEST A WITHDRAWAL OF FUNDS AT ANY TIME, FOR ANY REASON. IF A CUSTOMER WOULD LIKE TO MAKE A WITHDRAWAL, ALL ONE MUST DO IS TO FILL OUT THE WITHDRAWAL REQUEST FORM.
    IN ORDER TO ENSURE A SUCCESSFUL PROCESSING OF THE WITHDRAWAL REQUEST, CUSTOMERS MUST MAKE SURE THAT THE FORM IS COMPLETE AND SIGNED. THE CLIENT WILL RECEIVE THE CONFIRMATION E - MAIL ONCE THE REQUEST HAS BEEN
    RECEIVED. WITHDRAWALS CAN ONLY BE PROCESSED IN THE SAME CURRENCY USED AT THE TIME OF THE CUSTOMER'S INITIAL DEPOSIT..."

    So again I must ask OP, did you receive the deposit $175?

    Also, did OP read any of the terms/conditions?
    Does OP have a different copy of the terms and conditions that can be uploaded?

    This guide helps to discern how to categorize a broker tier, which helps determine how legit the broker's operation is.

    @AsstModerator can you update the company review page to show the alternate names:
    Index Premium Trade Markets
    BLACK PARROT LIMITED
    BLONDE BEAROU
     

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  8. wajahat

    wajahat Recruit

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    1. 1. Hello sir
    im wajaaht hanif
    from pakistan
    please cheke my account stetment
    my account number 640204
    i deposit 175$ USD skrill 24-1-2019
    withdrwal reseved 175$ Criypto 27-02-2019
    87$ USD bonus out my account
    I did not tell 29 Lot
    Whenever I have made a lot of trade, I have not asked for money back
    I'm putting all the pictures attach
    You see
     

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  9. 4evermaat

    4evermaat Sergeant Major

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    It looks like on 2019.02.27 you withdrew $175.00. Is this correct?

    Did you get paid this $175 to your skrill account or other account???


    Edit: @AsstModerator the alternate company names are:

    Index Premium Trade Markets
    Black Parrot Limited
    Blonde Bear Ou (not Bearou)
     
  10. wajahat

    wajahat Recruit

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    i send deposit 175$ vis skrill
    175$ USD Withdrwal Reseved cryptocurrency
     

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