Fair assessment of IDS Lab: overview of broker conditions, reviews

Attention! The company is suspected of fraud

The IDS Lab company (ids-lab.com) literally floods a potential client with promises. The broker says that it has already been chosen by more than 250,000 traders, and all this is due to good analytical assistance, favorable trading conditions, and quality service. 

Despite the fact that this office claims four years of experience, reviews are sparse. This suggests the idea that IDS Lab is lying right in our eyes and is actually another scam. However, we will not draw hasty conclusions, first we will analyze in the review the conditions of cooperation and the reviews that we managed to find.

Analysis of the official site "IDS Lab"

The web resource of any brokerage company is its business card. However, IDS Lab's official website is made on the basis of a cheap template, which indicates the office's unwillingness to take care of customers. Specialized services rate ids-lab.com at 0 rubles. Before us is the usual stamping with a mediocre design and lack of specifics. By naivety, only green newbies can fall for the empty promises of crooks, while professionals will immediately figure out the scam.

According to legend, the IDS Lab company has been operating for 4 years, but checking the domain registration date showed that it was registered in 2014. Why is there such a discrepancy in age and for what reason are there no reviews from such a “solid” broker? It's simple: scammers bought a domain name and adapted it to their needs. 

The site was updated in the summer of 2020. Most likely, at this time, the scam project began to work. From the experience of preparing reviews, we know that scammers clean up negative feedback, and a priori there can be no positive reviews, since the office does not aim to work honestly.

The fact that IDS Lab cannot be trusted can be understood after checking its legal documents. The official website states that we are dealing with a regulated broker. According to legend, the activities of the office are controlled by three supervisory authorities:

• Cyprus Securities and Exchange Commission (License No. 238/56);
• Financial Services Commission (license no. F365428971);
• International Financial Services Commission (License No. 69/58/НР/36).

Considering that the IDS Lab sharaga claims to be registered in Belize, it could not lie about the licenses of the Mauritius Financial Services Commission and the Cypriot Cysec (but, apparently, I wanted to give myself more importance in the eyes of potential victims). 

From the feedback of traders, we know that these regulators do not have the right to license brokers outside their jurisdiction. As for IFSC, IDS Lab was not in the register of this supervisory authority. Anonymous scammers just invented a legend for themselves and are actively promoting it to the masses.

While preparing the review, we managed to find out that sharaga IDS Lab Limited is lying not only about licenses, but also about the office address. At the indicated coordinates (178 Albert Hoy Ave in Belize) there is a department store! 

And one more important point that we managed to find out when studying the documents on the IDS Lab website. If a conflict situation occurs (and in the case of a false mediator, it cannot be avoided), you will have to sue according to the laws of Vanuatu. However, from the feedback of traders, we know that this state has flimsy legislation. This allows crooks to pull off "dark deeds" and get away with impunity.

What about contact information: overview of communication channels with support

We will not judge how well the support of IDS Lab Limited works, since there are no reviews of real customers about this. The official website lists several channels for communication:

• international number: +501 625 0176;
• E-mail address: ;
• feedback form.

From the reviews that we managed to find on the Web, we learned that the scammers from IDS Lab dialed them from completely different phone numbers.

How to create an account and start trading with "IDS Lab"

The review showed that IDS Lab has a standard registration procedure. The trader only needs to fill out an electronic form, indicating the following information:

• first and last name;
• E-mail address;
• phone number;
• promo code;
• account password.

An account cannot be registered until you check the boxes indicating that you accept the terms of the user agreement and the privacy policy provided on the IDS Lab website. Once you do this, you can choose a tariff plan and top up your balance.

At the time of writing the review, the brokerage organization has three types of accounts:

• ZERO. This is a basic account with a minimum entry threshold (from $150). From the conditions it is only known that IDS Lab promises instant execution of orders and leverage of 1:100;
• PRO. To open such an account, you need to replenish the balance by at least $ 1,000. Of the features: trading in cryptocurrencies and metals is available, leverage up to 1:500, deposit insurance;
• PLATINUM. To become the owner of such an account, you will need to deposit a minimum of $10,000. In addition to deposit insurance, protection is also provided here (such promises from the broker are nonsense). In addition, the false intermediary claims 24/7 support for premium customers.

Nothing is said about payment instruments on the IDS Lab site. It is only written that, according to the regulations, translations are available “in any way convenient for the client”. Within a day, the money should come. However, in the reviews, users claim: sharaga is not going to pay a profit at all.

Reviews about IDS Lab

In the course of writing the review, we made sure that the IDS Lab office has been operating on the market not for 4 years, but only for a few months. Not surprisingly, real customer reviews can be counted on the fingers of one hand:

However, we are confident that the situation will change soon. Sharaga will breed naive users until she is swept away by a wave of negative reviews.

IDS Lab Divorce Scheme Overview

Judging by the reviews that we managed to find, scammers use a banal divorce scheme. They promise users expert assistance in trading, favorable conditions and a minimum initial deposit (only $150). In fact, the authors of the scam project only imitate trading in order to extort investments from users. When it comes to the withdrawal of "profit", the victims of divorce will be left with nothing.

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Results of the IDS Lab Review

In the pursuit of making money in the financial markets, do not lose your vigilance, especially when it comes to working with contracts for difference. This is a high-risk instrument, and when working with IDS Lab, the chances of making a profit drop to zero. Offshore garbage dump created by anonymous crooks is not even going to pay!