Brokers  /  iqtradingplatform

iqtradingplatform

High risk
Marshall Islands · 2-5 years · since 2022-07-18 · Wave Makers 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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55
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Marshall Islands (offshore, light oversight)
  • 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 & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)7810%

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 nameWave Makers LTD
Headquarters Marshall Islands
Founded2022-07-18
Years operating2-5 years
Employees0
Official websiteiqtradingplatform.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Gold--$30,000 - Above----
Silver--$10,000 - $30,000----
Bronze--$500 - $10,000----

Review analysis AI

IQTradingPlatform lacks regulatory oversight and has limited public information, making it a high-risk choice. The absence of verified trading conditions and customer feedback further undermines trust. Traders should avoid this broker until it demonstrates greater transparency and regulatory compliance.

Not for
  • Risk-averse traders
  • Regulatory compliance seekers
  • Beginners
  • Traders requiring transparent trading conditions
Period:

Real user reviews

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About iqtradingplatform

Overview

IQTradingPlatform is an online trading brand that presents itself through its website iqtradingplatform.com. Our review found very limited publicly available information about the company's operations, and it is unclear what specific products or services it offers to traders.

The broker was founded in July 2022 and is registered in the Marshall Islands, a jurisdiction known for light regulatory oversight. This absence of independent web information raises caution for any trader considering this entity.

Company Details

According to regulatory filings, IQTradingPlatform is registered under the name iqtradingplatform and its official address is Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. The company was incorporated on 18 July 2022.

The Marshall Islands is not a major financial regulatory hub, and many offshore brokers choose this location for its minimal registration requirements. Traders should note that such jurisdictions typically do not provide investor protection schemes or dispute resolution mechanisms.

Regulation and Safety

Our records indicate that IQTradingPlatform currently holds no regulatory licences from any recognised financial authority. This means that clients would have no recourse to a regulatory ombudsman or compensation fund in the event of a dispute or broker failure.

The lack of regulation is a significant red flag for any trader. Regulated brokers are required to follow strict rules on client fund segregation, capital adequacy, and transparent reporting – none of which apply to unregulated firms. Traders should exercise extreme caution.

Account Types

The broker offers three account tiers: Bronze, Silver, and Gold. The Bronze account requires a minimum deposit of $500 to $10,000, the Silver account requires $10,000 to $30,000, and the Gold account requires a minimum deposit of $30,000 and above.

Maximum leverage is not specified for any account tier, which is unusual for retail forex brokers. The high entry thresholds suggest the broker targets more affluent investors, though without regulation this does not imply safety. No details on spreads, commissions, or other trading conditions are available.

Products and Instruments

At this time, IQTradingPlatform has not disclosed the financial instruments it offers. Typically, online brokers provide forex, CFDs, commodities, indices, or cryptocurrencies, but none of these are confirmed for this entity.

The lack of instrument information is a major gap. Traders cannot assess whether the broker meets their needs or whether it operates in markets they understand. Without transparency on what can be traded, it is impossible to evaluate the platform's suitability.

Target Audience

Given the high minimum deposits and the absence of detailed trading conditions, IQTradingPlatform appears to target experienced traders with significant capital who are willing to take on higher risk. However, the lack of regulation and transparency makes the platform unsuitable for most retail traders.

Beginners and conservative investors should avoid this broker entirely. Even seasoned traders seeking a credible offshore broker should demand regulatory oversight and published trading terms before committing funds.

Conclusion

IQTradingPlatform is a newly formed company with an opaque online presence and no known regulatory standing. Our FXCanary Scam Risk Score of 55/100 (Elevated) reflects the significant risks associated with this broker.

Prospective clients should verify any claims made by the broker independently and consider alternative, well-regulated brokers. The absence of verifiable customer reviews and transparent trading information makes it impossible to recommend IQTradingPlatform at this time.

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