IdeaLawGroup
IdeaLawGroup – a Swiss broker, whose history began in 2018 with the opening of an office in Cyprus. The company has been operating for over four years, during which time the number of its clients, as indicated on the website, has exceeded 180,000 people. The broker operates worldwide, with licenses issued by financial regulators in Cyprus, Mauritius, and Malta. The broker “Idea Law Group” also holds a license from the International Financial Services Commission.
Investment Instruments
For trading, the broker’s clients can choose from 200 trading instruments available on the website. Popular and exotic currency pairs, cryptocurrencies are offered. It is possible to invest in shares of various companies, including global brands. Investing in precious metals and commodities is also available.
Trading Conditions and Idea Law Group Accounts
The broker “Idea Law Group” promises trading with spreads starting from 0.1 points, and order execution within a maximum of 30 milliseconds. The company’s website features descriptions of three trading accounts:
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“Starter”. The account needs to be funded with a minimum of $100, leverage is 1:100.
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“Standard”. The account needs to be funded with a minimum of $1,000, leverage is 1:500, investments in cryptocurrencies and metals are allowed, and deposits are insured.
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“Premium”. The account needs to be funded with a minimum of $10,000, leverage is 1:500, investments in cryptocurrencies and metals are allowed, deposits are insured, deposit protection is provided, and round-the-clock technical support is available.
Trading Terminal
The broker has its own trading terminal on which it offers trading to its clients. The website indicates that a full version of the platform is available, as well as a version for trading from smartphones. Whether the terminal needs to be downloaded or trading can be done online is unknown.
Account Funding and Profit Withdrawal
The methods through which the broker’s clients can deposit funds into their accounts and withdraw profits are not specified on the website; this information is only available to registered users. The minimum amount for profit withdrawal and the processing time are unknown. The commission fee for withdrawals is not publicly disclosed.
Registration and Login to the Idea Law Group Personal Account
After filling out the registration form, it is necessary to accept the terms of the broker’s provided documents, including the user agreement. To be able to withdraw funds, the account must be verified by providing passport copies. These documents need to be uploaded after logging into the IdeaLawGroup personal account.
Technical Support
In the “Contacts” section, users can familiarize themselves with the contact methods provided by the broker:
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Phone number with Switzerland code,
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Email address.
There is no online chat on the website.
Conclusion
Despite IdeaLawGroup holding four licenses, it is recommended to still verify the broker. It is advisable to review the user agreement and explore what is being said about the company online. To form a proper opinion about the “Idea Law Group” company, it is essential not to overlook an expert assessment of its reliability.