✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

In this section we will tell you why You should NOT invest in IconTrade. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about IconTrade and tell you why we came to such a conclusion:

Basic Information

🌐 Websiteicontrade.com
🏠 Company*RIBOVA HOLDING INVESTMENTS LTD
RegulatoryFSCA (South Africa)
📧 EmailDoes not have
📈 LeadingIconTrade
📌 LocationSouth Africa

⚠️ IconTrade claims to be owned by RIBOVA HOLDING INVESTMENTS LTD, but the information shown at the bottom of the page is obviously a screenshot from another website, they are using falsified information to hide their true identity and intentions. For this we believe that IconTrade is an extremely dangerous site. ⚠️

Account types

IconTrade does not offer separate accounts for trading.

Information on the web

IconTrade website

IconTrade provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, personal experiences, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 IconTrade Final Rating 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH IconTrade.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about IconTrade:

Date Update – news
October 2022We receive messages from clients claiming that IconTrade is linked to Unbestial

User Reviews

[democracy id = ”5568 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with IconTrade.

At the end of the review you will find customer comments.


How to Claim Money Scammed by IconTrade

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report IconTrade

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report IconTrade?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is IconTrade a scam – is it scam?

Yes. We believe that IconTrade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is IconTrade trustworthy?

No. IconTrade is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from IconTrade?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to IconTrade?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

10 comments on «Is IconTrade a scam? 2023 Reviews»

  1. Virginio Hernandez Reply

    I made an investment and I never got it back. I think it was a bad decision of mine. I would not invest in your platform again. Everyone who works there is really a scammer. I really do not recommend it.

    • Recommended-brokers.com Reply

      Hello Virginio, thanks for this information about IconTrade (they are the same scammers from UNBESTIAL they have changed their name (click to see data: Address of offices, collaborators and owners). Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Lazaro Valencia Giraldo Reply

    A certain Rodrigo Pérez is a trickster, whose objective is to advise the client so that he loses all his capital.
    Icontrade is a firm that deceives fools, misinforming and manipulating the ignorance of small investors to profit. They are opportunists and hunters of the savings that they have managed to obtain with effort.

    • Recommended-brokers.com Reply

      Hello Lázaro, thanks for this information about IconTrade (they are the same scammers from UNBESTIAL they have changed their name (click to see data: Address of offices, collaborators and owners). Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  3. diego Reply

    Be careful, they are the same imbestial scammers, pay close attention to them

    regards

    • Recommended-brokers.com Reply

      Hello Diego, thanks for this information about IconTrade (they are the same scammers from UNBESTIAL they have changed their name (click to see data: Address of offices, collaborators and owners). Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  4. ntf Reply

    Be careful, they are the same thieves from "Inbestial" only that they have changed their name, but they are just as thieves. I tell you from experience.

    • Recommended-brokers.com Reply

      Hello Ntf, thanks for this information about IconTrade (they are the same Inbestial scammers who have changed their name). Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  5. Tortosa Magdalena Reply

    I want to know if they know of any way to be able to withdraw the money, Icontrade does not allow it

    • Recommended-brokers.com Reply

      Hi Magdalena, thanks for writing about IconTrade (they are the same Inbestial scammers who have changed their name). Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *