Beware! Ideal Walls is an offshore broker! Your investment may be at risk.

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Ideal Walls may seem legit at first, but you need only read its name to know that the whole ordeal is a joke. That name though! Would you ever think that “Ideal Walls” refers to an FX broker, and not a wallpaper website. Read the review for more.

First and foremost, we are told that the broker is regulated by the FCA. But, one quick look at the British regulator’s database shows that the FCA claim is a pure lie.

But wait, there’s more. There is also a fake Financial Services Commission – Mauritius claim, as well as logos of the ASIC, FSCA, and Belize’s IFSC sprinkled on top, as a way to add further deals for your buck. But, here all these claims are untrue and filler. There is no way that a broker that plays out like this one will ever be legitimized.

To make matters worse, the only legal document included here is a short Privacy Policy, which is not enough to protect the user from the scammer attacks issued by Ideal Walls.

Everything thus far points to one sure thing: Ideal Walls is definitely unregulated, and a risk to all. Do not invest here.

Guaranteed FundsSegregated AccountsNegative balance protection
Ideal Walls
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

IDEAL WALLS Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Ideal Walls Platform
MT430+ indicatorsAndroid
MT550+ indicatorsAndroid
cTrader40+ indicatorsAndroid and iOS

We were not able to open an account, and thus the trading software was never revealed to us. However, Ideal Walls has not missed to talk about and promote a certain trading software that, in truth, may not even exist. After all, the broker never provided any download link. Even if we were to believe that its “innovative” software with multiple tools that is also available on mobile is actually existent, we could not access it, because we did not open an account.

It seems to us that either the platform is way too bad to be included on the website, or there is no software at all. Whatever the case, Ideal Walls remains a risk.

IDEAL WALLS Trading instruments

CurrencyStocksIndicesCryptoCommodities
Ideal Walls
XMYesYesYesNoYes
FBSYesYesYesYesYes
FXTMYesYesYesYesYes

According to the website, the available trading instruments are forex currency pairs, cryptocurrencies, metals, and indices. At times, the broker’s site mentions other assets, but Ideal Walls never sits down and provides a full and extensive list of the available assets.

If we get all the instruments that Ideal Walls talks about throughout its site you get: forex currency pairs, ETFs, cryptocurrencies, metals, indices, and commodities. But the confusion factor remains, and we aren’t sure whether these are accurate or not.

IDEAL WALLS Spreads and cost of trading

Ideal WallsXMFBSFXTM
Spread EURUSDN/A0.611.1
Spread GBPUSDN/A1.31.21.4
Spread USDJPYN/A1.31.21.4

Ideal Walls presents third part charts on its website, suggesting that one can check out the spread from them. In reality, these third party charts are useless with unregulated brokers, and the only reason that Ideal Walls and its peers use them is to create the illusion of functionality.

We were not able to locate any spread values anywhere on the website, and were blocked out of creating an account.

IDEAL WALLS Maximum leverage

ForexStocksCryptoGoldIndices
Ideal Walls1:20/1:100100:1100:1
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

There are three accounts  where the minimum leverage for the lowest account tier is 1:20, and the highest, owning to its high account tier, is 1:100. We have no other asset leverage.

IDEAL WALLS Deposit and withdrawal methods

Deposit timeWithdrawal timeFee
Credit CardsInstantWithin 1 hourFree
Debit CardsInstantWithin 1 hourFree
QIWIWithin 1 hourUp to 24 hoursNo info
BTCUp to 24 hoursUp to 24 hoursDepend on crypto

We barely picked up any payment details whatsoever. In fact, we only learn through a bunch of payment logos that the supposed gateways are credit and debit card providers, QIWI, and BTC. However, there is no way to confirm this.

IDEAL WALLS Minimum deposit

Ideal WallsXMFBSFXTM
Minimum depositN/A$5$10$5

The minimum deposit is $1000 for the basic account, and $50 000 for highest account. We highly doubt that the minimum deposit is so high, considering that most scammer brokers allow for just $1, no matter what their sites claim. With such high requirements, the purpose is to attract high rollers, or at least attempt to.

IDEAL WALLS Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Ideal WallsNo informationNo informationNo information
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

There was absolutely no withdrawal requirements revealed anywhere on the website, and by that we mean that Ideal Walls has all but talked about withdrawals. We don’t know what the caps are, what the fees are, nor if there are any further requirements. Basically, there is no proof that the user will ever be able to take out money, which in retrospect is one of the worst signs that you are dealing with an utter scam. Obviously, investing here is a mistake.

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