IDFPower

IDFPower is a company registered in the United States, with a registered address at 11 Broadway, New York, NY 10004. According to regulatory records, the entity was founded on 26 July 2022. No official website content or detailed service description is publicly available through the sources used by FXCanary.

As a US-registered entity, IDFPower would be expected to operate under the regulatory oversight of agencies such as the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA) if it offered leveraged forex or CFD trading to retail clients. However, our records show no such regulatory authorisations on file.

The most critical finding is the complete absence of any regulatory licence from a recognised financial authority. For a firm claiming to offer financial services, this absence is a significant red flag. Without a verifiable regulator, there is no independent oversight, no client fund segregation requirements, and no recourse mechanism for disputes.

Given the lack of regulation and the limited public information, FXCanary has assigned a Scam Risk Score of 85 out of 100, categorised as 'Severe'. This score reflects the high likelihood that retail clients would face substantial risks, including potential fraud or loss of funds.

The entity lists its registered address at 11 Broadway, New York, NY 10004, a location associated with various business registrations. The company was incorporated on 26 July 2022. No information about directors, ownership structure, or operational history beyond the registration date is available from the trusted records used in this review.

Under US law, any firm soliciting US residents for forex trading must register with the CFTC and become a member of the NFA. There is no evidence that IDFPower has done so. Traders should treat any unlicensed US-based financial firm with extreme caution.

The combination of an unregulated status, a recent incorporation date, and a severe risk score paints a concerning picture. Without access to the official website, we cannot confirm what services IDFPower claims to offer, but the regulatory gap alone is sufficient to warrant a strong warning.

For potential clients, the lack of transparency and regulatory oversight means that investing or trading through this entity carries an exceptionally high level of risk. FXCanary advises against any engagement with IDFPower until it obtains verifiable regulation and provides detailed, auditable information about its operations.

In summary, IDFPower is a US-registered company with no recorded regulatory licences and a very high risk score. Traders seeking a safe and regulated environment should avoid this entity. The information currently available is insufficient to determine its legitimacy or the nature of its offerings, and the absence of regulation is the most telling factor.