International Market Service Board (IMSB) is facing a warning from CONSOB and the KNF. The polish regulator has issued a stern warning in regards to investing with the platform. Those who invest risk losing their entire funds with the platform. It’s best to stay away or risk losing your funds. The platform is poor in design and lacks a professional appeal. It would be best if you found out more about our INTERNATIONAL MARKET SERVICE BOARD REVIEW.
According to the about us page, IMSB was founded to make trading simpler. International Market Service Board claims to provide a more rewarding investment platform. We find it hard to believe they managed to fool several investors with their dull theme.
Once we landed on the homepage, we knew something was amiss with the platform. The overall aesthetics were far from professional. There’s no professional that would allow for such mediocrity. The design looks like a 2000 website.
International Market Service Board claims to only operate in the European economic area. Sadly, they didn’t block access from other investors from different regions. We have seen complaints from as far as Argentina and Canada.
When looking for a valuable investment platform, look for one with a proven reputation. It’s the best decision you will ever make. Today’s investor is looking for groundbreaking and innovative investment platforms.
With IMSB, you won’t get anywhere as they are blocking members from withdrawing funds. It’s a nightmare trying to withdraw funds from it. And this is among the many reasons regulators are issuing a warning over it.
Before committing funds to any platform, ensure you do due diligence. Make sure you read reviews and find out what others are saying. It will give you insight into their experience and give you a more definitive way forward.
International Market Service Board does not indicate the available account types. And this puts investors at risk as they are signing up with unknown terms. You should be able to know the account features beforehand.
No one knows the set leverage or even the spreads available on the platform. Members don’t even know the acceptable minimum deposit. You could deposit $4,000 and get the same features as one who deposits $400.
Without listing the acceptable minimum deposit, the platform plans to take advantage of naïve investors. You will be asked to deposit as much as you can to rip huge rewards. In essence, they claim that the more you deposit, the higher your chances of winning.
Make sure you understand what you’re getting into before committing funds. The platform should be willing to inform users of the available accounts and features. With IMSB, investors are going in blind.
One alarming feature that we must point out is their account verification process. After signing up, the platform will demand verification documents. These documents will have to include a copy of your ID, Bank statement, and credit card details.
We don’t see the reason why such a move is warranted. A Cybersecurity expert warns the platform might be harvesting banking data from members. Normal verification methods include email and SMS codes.
You should avoid such platforms as there’s no telling what they do with your data. Some experts suggest they could sell your information to affiliate marketers. You will soon get bombarded with emails from products you haven’t subscribed to.
Others have experienced worse, and they have been paying for goods and services. Imagine having to pay for online goods and services that you didn’t purchase. With your banking records, they can alter documents and your persona.
There’s an IB program that promises investors a commission on each referred client. It’s another way of making passive income. Before you jump into the opportunity, you need to understand the full risks.
When members finally get their accounts blocked, they will point the finger at you. If you refer family and friends, you might lose your relationship. The platform is also unclear on the mode of payment they offer affiliate partners.
The person behind this platform remains a mystery. No one knows who owns the platform, as there are no names. And this makes International Market Service Board an anonymous investment platform.
Anonymity plays a huge role in ensuring members don’t recover funds. And we believe this is what IMSB is afteBut, unfortunately, no recovery agent can help members get their funds from an anonymous platform.
International Market Service Board does not offer investors any license details. Thanks to the warning from CONSOB and KNF, we know the truth. You should avoid such platforms as they are deemed high-risk investment platforms.
There’s a claim that the platform is registered. On the business page, the platform has a document’s list. None of the documents point to a regulated platform. And this is a pointer they are trying to hide their status.
Without any regulatory framework, the platform is free to operate as they please. That’s why we have no set maximum leverage or minimum deposit amount. It’s a free market where the owner dictates the terms.
You should invest in platforms that are compliant with strict regulations. Some of the most reliable regulators include ASIC, CySEC, and the FCA. Others include BaFIN, CNMV, FINMA, NFA, and the SEC.
Despite having what appears to be a live chat platform, it’s only a message board. You leave your message and wait for a response. Then, members get a form to fill, which gives them a platform to call you.
The platform ought to offer live chat support to investors. But, unfortunately, with a Polish phone number, it rarely goes through. And when it does, the person on the other end will want to call you later. And this gives them a chance to prepare an enticing offer (high-yields) in most cases.
You can only fund International Market Service Board with bank and wire transfers. Depositing funds takes less than five minutes to complete. Once you deposit, funds will reflect in your trading account within 24 hours.
Withdrawing funds remains a challenge for newbies. But, for the past few weeks, no one has made it this far. And this points to a well-designed plan to openly defraud investors using a forex investment platform.
One of the few features worth mentioning on the platform is the availability of an MT4 trading terminal. It’s one of the best trading terminals to use alongside MT5 and SIRIX. You can safely trade with the platform on any device.
Sadly for investors, the lack of withdrawal makes it seem a worthless feature on the platform. Even if you manage to take advantage of the terminal’s features, you won’t withdraw funds. And this makes IMSB a deceitful platform.
Safety of funds is a huge problem, especially with an unregulated platform. The platform fails to offer a safety net to investors. None of the deposits enjoy insurance cover as they would on a regulated platform.
Here are the main reasons why we have to add International Market Service Board to our blacklist
These are the reasons why we will add im-sb.com to our blacklist.
Make the right investment decision today by signing up with tested platforms. It’s the safest way to invest.
If you have any queries, feel free to leave a comment or write to us.
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