Warnings and Scam Alerts
Please be aware it has been brought to the attention of the IFS Group that there have been cases of individuals and/or entities posing as our entities including Australian entity Forex Financial Services Pty Ltd under AFSL 323193 and IFS Markets Ltd (together, ‘IFS Group’) in order to scam people out of money.
The IFS Group has received reports and enquiries of third parties attempting to clone us including our websites fraudulently, and the following is a list of scams and hoaxes as well as a list of fraudulent websites/social medial platforms that have been brought to our attention:
- Individuals posing as IFS staff, or acting on behalf of IFS Group staff, on social networking applications (e.g. WeChat) and malicious websites in order to lure unsuspecting members of the public to sign up and to trade on the following clone websites:
- www.ifsmarket.com; please note here there is no “s” after the word market
- www.finefunny.com; and
- WeChat official account named ‘IFS Forex’ associated with WeChat ID ‘IFSMarkets’
Any Mobile Apps, IFS Markets currently doesn't have any official app, all IFS app is scam
In some cases they are asking people to sign up under the IFS or DV Markets name (Please be noted that DV Markets brand had been merged with IFS Markets since 1 August 2020, hence DV Markets is no longer used by IFS Group). In others, they are using the clone websites name but using the same design scheme, business numbers and contact information as our official websites.
Please be aware that IFS Group has only authorised the following website in Australia:
- “IFS Markets” - ifsmarkets.com.au
Please also be aware that the IFS Group also operates or have partnered with the following websites outside of Australia that are not regulated under ASIC, nor have an AFSL but are authorised and approved by IFS Group:
If you are unsure if you are the subject of a scam or fraud involving any of the above listed fraudulent websites or other suspicious websites as well as the fake/clone social media platform, please immediately contact us on [email protected]
Please note, we have no control over the nature, content and availability of those fraudulent websites/social media platforms and the scams. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to your use of these fraudulent websites/social media platforms or involvement of the scams, or your use of the information, products, services, or related graphics contained on these websites/social media platforms for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage arising from loss of data or profits arising out of, or in connection with the use of those fraudulent websites/social media platforms.
In the event you have suffered any loss as a result of the above non-exhaustive fraudulent websites/social media platforms, we strongly suggest you to make a report to your local law enforcement officials as soon as possible.