IVT Markets Deposit & Withdrawal

IVT Markets, registered at 104 Binary Tower, Business Bay, Dubai, presents a mixed picture when it comes to deposits and withdrawals. The broker, founded in September 2024, is relatively new and operates without any verified regulatory licence on file. This alone raises red flags for traders considering funding an account.

Our review of the available user feedback reveals a stark contrast between the positive claims of fast withdrawals and the serious allegations of unauthorised fund removal and account deletion. With a Trustpilot score of 3.5/5 from just three reviews, the sample size is small, but the negative experience is detailed and concerning. In this deep-dive, we examine the deposit and withdrawal mechanisms, the reliability of payouts, and the risks traders face when entrusting funds to this broker.

IVT Markets does not disclose its deposit methods or any associated fees in the structured data we reviewed. This lack of transparency is a significant concern, as traders typically need to know how they can fund their accounts and whether there are any hidden costs. The minimum deposit varies by account type: the Standard account requires $1,000, while the ECN Pro account demands a substantial $10,000.

These minimums are notably higher than many industry averages, particularly for the ECN Pro tier. For a broker with no regulatory oversight, such high entry barriers can amplify the risk for traders, as they are committing larger sums without the protection of a licensed entity. We advise traders to seek clarity on deposit methods before committing any funds.

Similarly, withdrawal methods and processing times are not disclosed by IVT Markets. This omission is worrying because a reliable broker typically outlines its withdrawal procedures clearly. The lack of information makes it difficult for traders to plan their exits or to verify the broker's claims of fast withdrawals.

In our assessment, the absence of published withdrawal policies is a red flag. It suggests that the broker may not have a standardised process, or that it prefers to handle withdrawals on a case-by-case basis, which can lead to inconsistencies and delays. Traders should demand this information before depositing.

The most critical evidence comes from user reviews. One trader, in a 1-star review, alleged: "they are scammers they just withdraw my funds by their own and delete my trading account by them self. they have no chat support to talk to anybody." This complaint describes a scenario where the broker allegedly took funds from the trader's account without authorisation and then deleted the account, leaving the trader with no recourse.

This pattern—easy deposits but problematic withdrawals—is a classic warning sign in the forex industry. While we cannot verify the trader's claims independently, the detail and the lack of any counter-evidence from the broker are concerning. The absence of a functional chat support further compounds the issue, as traders are left without a channel to resolve disputes.

On the other side, a 5-star review praised IVT Markets for "fast withdrawal" and "good deposit view." This positive feedback, however, comes from a single review and lacks specific details about the withdrawal process, such as the method used or the time taken.

We treat such testimonials with caution, especially when they are not corroborated by multiple independent sources. The contrast between this positive review and the detailed negative complaint highlights the uncertainty that surrounds IVT Markets' funding operations. Traders should weigh the anecdotal evidence carefully, but the negative allegation carries more weight given its specificity.

FXCanary's Scam Risk Score for IVT Markets is 75/100, indicating a severe risk. This score is influenced by the lack of verified licensing, the withdrawal complaints, and the overall user sentiment. The broker is not regulated by any known authority, which means there is no external oversight to protect traders' funds.

In the event of a dispute, traders would have no regulatory body to turn to for compensation or mediation. This is a fundamental risk that cannot be overstated. The registered address in Dubai's Business Bay does not confer any regulatory status, and the company's employee count of zero raises questions about its operational capacity.

IVT Markets offers two account types: the Standard and the ECN Pro. The Standard account requires a $1,000 minimum deposit and offers a maximum leverage of 1:500, with spreads from 0.9 pips and no commission. The ECN Pro account, on the other hand, requires a $10,000 minimum deposit, offers the same leverage, but provides spreads from 0.0 pips with a $3 commission per trade.

The higher minimum deposit for the ECN Pro account means that traders are risking a significant amount of capital. Given the broker's unregulated status and the withdrawal complaints, this is a substantial risk. Traders should consider whether the potential benefits of lower spreads justify the increased exposure.

The combination of easy deposits and problematic withdrawals is a well-known red flag in the forex industry. Scam brokers often encourage deposits with attractive offers, but then create obstacles when traders attempt to withdraw their funds. In the case of IVT Markets, the negative review describes an extreme version of this pattern, where the broker allegedly took funds without consent and deleted the account.

While we cannot confirm the veracity of this claim, the lack of any regulatory oversight and the absence of a clear withdrawal policy make such an outcome plausible. Traders should be extremely cautious when dealing with brokers that exhibit these characteristics.

Given the severe risk score and the concerning user feedback, we strongly advise traders to avoid funding an account with IVT Markets until the broker provides verifiable regulatory licensing and transparent withdrawal procedures. If you have already deposited funds, we recommend attempting to withdraw your entire balance immediately and documenting all communications.

For those seeking a forex broker, we suggest prioritising regulated entities with a proven track record. Always verify the broker's licence with the relevant regulatory body, read independent reviews, and test the withdrawal process with a small amount before committing larger sums. Remember, if a broker makes it easy to deposit but hard to withdraw, it is a major warning sign.