Ivy Trusts Review

Read our Ivy Trusts review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an ivytrusts.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Ivy Trusts is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Ivy Trusts in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Ivy Trusts Review Conclusions

Making the Ivy Trusts review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Ivy Trusts review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected]
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

REVIEW OVERVIEW
Ivy Trusts Review
ivy-trusts-review-ivytrusts-comRead our Ivy Trusts review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an ivytrusts.com review. Who are they? After taking a look at their website, it shows that they do not fall under any regulating...

10 COMMENTS

  1. I somehow got myself involved with this company back in January 2020. As a novice with trading they insisted they would help and guide me. What a terrible experience. The first couple of people that were supposedly helping me convinced me to max out my credit card which foolishly I did as they convinced me that was the best thing to do. Very quickly they lost my money approximately $10,000USD. Of course then I had lots of interest to then pay on my credit card and had to borrow to pay off so it didn’t get any worse. I then posted a negative review to hopefully help other people not get themselves in the same sort of predicament. I then had a phone call from one of the managers, Andrew Gibson, who told me if I withdrew my comment he would get permission to get me a bonus of $5000USD to use for trading and he would help me retrieve at least some of my money. For months he would ring periodically and we would make trades towards the end he would say he was going to call then wouldn’t. Then yesterday I had a call from Alex Marks, Vice President Private Portfolio Advisor, telling me he was there to hopefully retrieve some money for me. Whilst I still had about $4700USD in the loaned bonus account he said that wasn’t nearly enough and I would have to add more money, which I explained I didn’t have any money to use thanks to their trading for me. He explained it was much better to trade in successful companies such as Netflix and not currencies which is what Andrew had me doing. But as I wasn’t able to put up more money he couldn’t help me so wished me well and said goodbye. He then sent me an email showing me trades with a heading “TOLD YOU SO” which I found extremely inappropriate. My total loss including interest on credit card would have been close to $20000AUD. I hope I have explained well enough that no one else will be sucked in as I was. I SUGGEST STEERING CLEAR OF THIS COMPANY

  2. Agree Ivy Trusts is a SCAM.

    I reported my honest bad experience with Ivy Trusts on Trust Pilot back in June 2020. Ivy Trusts threatened me with legal action if I didn’t remove my 1 star review. I refused to remove it. But between Ivy Trusts and Trust Pilot, they keep removing my review and I haven’t been able to get my review back on.

    I dealt with Ross Feldman since May 2020 who convinced me over time to put a large sum of my AUD savings in, $25,000 with talk of aiming to make at least 20 to 30% per month (possibly more). This was through their trading platform investing in foreign exchange and commodities etc. Even though I knew it was too good to be true, he had an answer for everything along the lines of easily making so much money due to the market movements during this COVID time. We traded small and made a few hundred dollars and did a test withdrawal. Regardless, due to feeling the pressure of putting even more money in, I was very nervous and uneasy which Ross was aware of. On Thursday 25 June 2020, I requested a full withdrawal of my balance which at this stage was basically the full amount I deposited. But they would not allow me to do this so easily. I was kept on the phone for a very long time, firstly from Ross then his manager Peter (45 mins) who convinced me to gain their trust over the next 4 days (as they wanted to keep me as a long term client). And I would be given VIP service with extra bonuses and within days I would have their trust. I felt very pressured with no choice and thought well they are not going to easily give me my money back now anyway, because I said so many times prior to 25 June, I want to withdraw. Ross called within minutes and we traded as per his recommendations. It was a quick session with 4 trades and I was not clearly told what my risk was through the process. I woke up the next morning with my balance halved. I was then told the trading session hasn’t finished and I need to keep trading. I wasn’t prepared to risk my other half overnight again so very clearly stated I want a full withdrawal. I withdrew the half they didn’t lose on 30 June 2020. I am shocked I got that half back. I guess they have to appear to be doing the right thing to some degree for some time so they can scam others. Agree with the other Christine 100%. STEER CLEAR.

    I have also reported them to authorities and suggest others do too. The sooner they have to pack up their scam, the better.

  3. I agree with the above comments. Fortunately I only paid in the minimum deposit (AU$450) but I have not got it back so far in spite of their promises. It all happened as explained in the review above and would seem to be a classic scam tactic. Better to be forewarned and steer clear of companies like this.

    Rating: 1
  4. I responded to an advertisement on google supposedly endorsed by Dick Smith and Richard Branson. I was contacted by IVY TRUSTS and this is where the nightmare began.I was asked to forward more and more money with the promise of higher and higher share dividend profits. It was like a dream and was too good to believe. Everyone was so nice, I was made to feel special and a valued customer. We would trade in shares and the profits kept coming – we never made a loss. I ended up investing over $100,000 US dollars. I had been trading since mid July and was informed that I could withdraw my money at any time. I asked this question frequently and was given the same response. Last week I learnt that the original advertisement was a scam and following further investigation I soon learnt that IVY TRUSTS engages in fraudulent behaviour and that I was caught up in a money scam. I did not inform IVY TRUSTS on my concern. instead, I asked to withdraw all the money that I had placed into my account. This is where the mood and tone quickly changed. I was told that I could not withdraw my money until I conducted further trades. This rang alarm bells as it was now obvious that this type of behaviour is a classic scam. My account balance dropped by half in
    a matter of minutes. The senior account manager placed enormous pressure on me to trade, stating a number of times that I could not withdraw any money from my account until I engaged in further trades. He became angry and intimidating. I was blamed for the loss of the money from my account and was told that I would need to invest more money to retrieve monies lost. The senior account manager has left intimidating messages on my phone. IVY TRUSTS is a scam and I hope by writing this that I save other people from the financial and emotional trauma that I have experienced.I have lost all my savings.
    I have attempted to report my experiences to Trustpilot but all my reviews have been blocked.
    My experience with IVY TRUSTS has been reported to the Australian Securities and Investment Commission, the Australian Cyber Security Centre, Australian Government Scamwatch and the Australian Federal Police.
    I have been informed by the authorities that I will never see any of my money again!
    Please do not engage with IVY TRUSTS – it is an unregulated scam organisation. You will lose your money!

    Rating: 1
  5. Ivy Trusts is one big Scam, I lost $5000 because they would not return my funds. They point blank refused to hand it back.Stay well clear. I am seeking advice what to do next. When you see their name , RUN !

  6. I just want to get a message to Kylie. It’s Christine. As you know I have put honest reviews about Ivy Trusts on Trust Pilot daily for quite a while now but unfortunately Trust Pilot are winning. I have used multiple email addresses, different computers and now just tried different review wording, but as of Friday, I am blocked instantly by Trust Pilot. I have communicated with Trust Pilot so many times to tell them I am not the scammer, Ivy Trusts is and they need to allow me to tell my truth. But they do not respond to me. I have managed to get around their content integrity checks for a while now, but I am running out of options. Please don’t give up on your reviews of Ivy Trusts on Trust Pilot until you have too. You are doing the right thing to warn others and bring Ivy Trusts down as soon as possible. I will keep trying to get my review published again. I have exhausted all options I can think of right now and am not sure how to get around their content integrity check anymore. 🙁

  7. I was unfortunately scammed by a company called Ivytrusts

    http://www.ivytrusts.com

    Unfortunately many others have been scammed also.

    They have been reported to several authorities within NZ and Australia including police in the UK.

    Trustpilot refuses to acknowledge and thus post various complaints about IvyTrusts. Their reasons are unfounded in my opinion.

    The below information exists about IvyTrusts. Police are saying they operate out of Estonia.

    Domain Name: IVYTRUSTSSERVICES.COM
    Registry Domain ID: 2452384425_DOMAIN_COM-VRSN
    Registrar WHOIS Server: whois.namecheap.com
    Registrar URL: http://www.namecheap.com
    Updated Date: 2020-01-16T09:28:44Z
    Creation Date: 2019-11-07T12:02:38Z
    Registry Expiry Date: 2021-11-07T12:02:38Z
    Registrar: NameCheap, Inc.
    Registrar IANA ID: 1068
    Registrar Abuse Contact Email: [email protected]
    Registrar Abuse Contact Phone: +1.6613102107
    Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
    Name Server: ANNABEL.NS.CLOUDFLARE.COM
    Name Server: CLYDE.NS.CLOUDFLARE.COM
    DNSSEC: unsigned
    URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/
    >>> Last update of whois database: 2020-08-11T22:32:35Z <<<

    Now here is the information for which HSBC bank must be aware of. IVYTRUSTS are using HSBC bank address as a reference when posting on the trust pilot website
    IvyTrsts are using the same address as HSBC in London !

    8 Canada Square
    E14 5HQ
    London
    United Kingdom

    I believe it is in HSBC’s interest to lodge a formal complaint to Trust pilot for another company to impersonate a legal UK firm such as HSBC

  8. Hi Christine,
    Thanks for contacting me. I have been trying to figure out how I can reach out to you.
    I thought that was the case on Friday when I couldn’t see your review. I have also now been blocked however I have started writing on the Trustpilot as a reviewer not going into ivy trusts and I am behind g to use other names so my review can get posted. Prior to investing into IVY TRUSTS I read all the reviews on Trustpilot and unfortunately I didn’t read any reviews like how we have experienced. If I did I would not of invested. I have lost all my savings. I am disappointed that I believed in Trustpilot now knowing they are a fraudulent company.
    I agree with you in the fact that we need to warn others – that is my goal out of all of the trauma we have experienced.
    I live in Adelaide!
    As

  9. I, too, Have been ‘scammed’ / ‘swindled’ IVYTRUSTS, fortunately I only ‘lost’ the bare minimum of USD $360.00 or $250.00 AUD (Australian Dollars).

    Steer well CLEAR of IVYTRUSTS.

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