Reported as a scam / unregulated
Why IDFPOWER is on the register
IDFPOWER shows its office address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator – FCA. However, we did not find any match results to IDFPOWER in FCA. That means IDFPOWER is not an approved broker to offer financial services and products in the UK. Besides, IDFPOWER claims it has MSB registration in the Financial Crimes Enforcement Network (FinCEN). However, FinCEN is only a bureau of the United States Department of the Treasury that collects and analyzes information about financial transactions to combat domestic and international money laundering, terrorist financing, and other financial crimes. That means FinCEN is not a financial regulator that approves licenses for forex brokers. What’s more, IDFPOWER claims it has regulation in the US National Futures Association (NFA) with an NFA ID: 0547365. We do find a match result to IDFPOWER in NFA, but the result shows this broker is not under valid regulation by NFA as it is not an NFA member. That means IDFPOWER is not regulated by any regulators. Investors’ money in this broker is 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.