Reported as a scam / unregulated
Why IQtradingplatform is on the register
IQtradingplatform is not a reliable broker for traders even though it states offers that look good to be true. IQtradingplatform claims to be owned and operated by Wave Makers LTD, a company registered in the Marshall Islands Registry (IRI). We indeed find a match result to Wave Makers LTD in IRI, but as per the details shown on IRI, the registration status of the firm was annulled on 18 Jan 2022. Besides, Marshall IRI does not regulate entities engaging in forex services. That means IQtradingplatform is not under valid regulation to do forex by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.