Brokers  /  IAL

IAL

Severe risk
🇨🇭 Switzerland · 5-10 years · since 2020-03-18 · IAL Ltd.
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
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No sign that IAL actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~183% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameIAL Ltd.
Headquarters🇨🇭 Switzerland
Founded2020-03-18
Years operating5-10 years
Employees0
Official websiteial.ltd
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

IAL is a Swiss-registered entity with no known regulatory licences, resulting in a severe scam risk score of 85/100. The lack of verifiable information and official oversight makes it unsuitable for any trader seeking a secure trading environment.

Not for
  • All traders, given the lack of regulatory oversight and limited transparency.
Period:
What users complain about
Where reviewers are from
Hong Kong6

Real user reviews

Where IAL operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 6 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About IAL

Company Background

IAL is an entity registered in Switzerland, with a registration date of 18 March 2020. The official domain is ial.ltd.

There is no publicly available information detailing the specific services or products offered by IAL. The absence of regulatory oversight raises questions about its operations.

Regulatory Status

Our records indicate that IAL holds no regulatory licences from any recognised financial authority. This is a significant concern for potential clients, as it means the broker is not subject to standard oversight.

Traders are advised to exercise extreme caution when dealing with unregulated entities, as there are no safeguards or recourse mechanisms in place.

Overview compiled by FXCanary from regulatory records and public data. full IAL review