InsideTheFund Review | Are We Dealing With a Scam?

“Unlock the world of CFD trading with us!” — a tempting offer from the brokerage company InsideTheFund. Despite the scant number of reviews and mentions of the broker on the internet, the website claims that over 100,000 clients trade here. However, there are questions regarding the safety and legality of operations. For example, where is the regulation, and where are the legal documents confirming the presence of offices in Switzerland and the United Kingdom? Why does the user agreement mention the offshore jurisdiction of Saint Vincent and the Grenadines? It is very likely that we are dealing with a scam. To prove this, we will conduct a thorough investigation.

Highlights

🏛️ Country	Switzerland, United Kingdom, Saint Vincent and the Grenadines
⚠️ Regulation	–
🖥️ Website	https://insidethefund.com/, https://insidethefund.io/
🎲 Demo Account	No
⏳ Start Time	2023
💲 Minimum Deposit	$10,000
⚖️ Minimum and Maximum Leverage	1:500
⚙️ Trading Platform	MetaTrader 5
📨 E-mail	support@insidethefund.io
📞 Phone	+41 345 087 268

First Impression of Insidethefund.io

The official website introduces us to the advantages of cooperation, described superficially and without confirmations, and information about the company’s activities, but many aspects remain ignored, such as the business model. The design of this website is standard. At the top, you can see the main sections explaining the trading conditions, platform, and other aspects of the broker.

Besides English, there is a translation into Russian, hinting at the company’s orientation towards this region. The design is poorly chosen, just dry text on a white-green background without beautiful and unique graphical elements. InsideTheFund has made such a site that it’s difficult to study. It is unlikely that beginner traders are ready to dig through a ton of unnecessary text to find the necessary information. Meanwhile, the broker constantly mentions guaranteed safety and the most favorable conditions. Typically, such self-praise is a red flag.

Partnership and Bonuses

There is no word about the affiliate program on the official website, but when creating an account, users have the opportunity to enter some promo code. Apparently, this is the affiliate program, but InsideTheFund has not disclosed anything about it.

Additionally, traders can receive a bonus for deposit replenishment. The firm does not offer them forcibly, but at the customer’s discretion. However, one must not forget that receiving a bonus implies certain conditions for its processing. Nevertheless, the broker does not disclose specific conditions for processing, as this is set individually for each promotion.

Account Opening on Insidethefund.io

The account creation process starts with a simple registration, where it is necessary to provide a name, phone number, email, country, residential address, password, and a promo code (if available). Also, the system requests an agreement with the terms.

However, the registration process ends with the input of personal data. Pressing the “open an account” button leads to no action, although the system should redirect to the client portal or to an email confirmation window. This might be related to the promo code, which possibly is mandatory. Thus, it’s not possible to freely register on InsideTheFund for unknown reasons.

Verification

InsideTheFund has an identity verification procedure, as the company tries to comply with the AML&KYC policy. Therefore, using the platform’s services without KYC is not possible, and users need to provide several documents when depositing:

• Passport copy.
• Debit/credit card copy.
• Proof of residence.

The list of specific documents suitable for submission is indicated in the KYC policy on the official website. How quickly the verification process goes and how convenient it is to upload documents is unknown. Access to the personal account is closed without registration, and no information about processing times is provided.

If a client deposits funds but does not upload documents for KYC, a 5% commission on the deposit amount will be charged each week after 5 working days.

Trading Software

We couldn’t access the personal account, so we had to rely on the description of the trading platform available on the official website.

The broker offers trading on the well-known and popular MetaTrader 5 platform. Whether this is true or not is hard to say. We want to remind you that many unscrupulous brokerage companies on their websites indicate one trading terminal but actually provide another. We cannot verify this, so we will trust what InsideTheFund indicates. We also will not discuss or consider MetaTrader 5, as it is a popular software about which there are many articles, guides, and YouTube videos with instructions and descriptions of features.

Features	InsideTheFund	Park Financial Consulting LTD	Grossfield Limited
Demo Account	❌	❌	✔️
Mobile App	✔️	❌	❌
Own Development	❌	❌	❌

How Can I Trade With InsideTheFund?

Looking at the company’s homepage, it’s easy to guess that we are dealing with a CFD broker, meaning trading here is only possible with this type of instrument. Futures contracts and spots are not available. The firm allows trading of more than 300 cryptocurrencies, oil and gas, indices of different countries, commodities, metals, popular stocks, and currencies, including not only majors but also minors and exotics. Traders can use leverage up to 1:500 to increase trading volumes.

All Info About Accounts

InsideTheFund has developed 7 types of accounts with different minimum deposits and sets of additional services. In short, the firm adheres to the principle favored by scammers: “pay more money if you want better conditions and more opportunities”. For example, the first tariff plan requires a colossal $10,000, and the last type of account starts from 1 million dollars. Who would be ready to invest such serious amounts in a little-known firm without guarantees?

Thus, newcomers need to invest a minimum of $10,000, which is a huge amount. And as we noted earlier, a demo account is absent. Is it worth risking such money? On the first tariff, the company offers assistance from a personal manager, an introduction to the trading platform, guides, risk management strategy, and basic training.

The second type of account requires $25,000, but only adds personalized trading alerts. And what is the sense of such a tariff, where the deposit is 2.5 times larger, but there are almost no additional services? Other tariffs are not worth considering, as one needs to be a wealthy individual to afford them.

Besides brokerage services, the company offers trust management. Investors will have to pay 2% of the capital regardless of the company’s results, as well as a performance fee of 20%. Commission fees can be reduced by locking funds in InsideTheFund for 30-90 days. Statistics for previous periods of work and a detailed description of the strategy are absent.

Market Analysis and Education With Insidethefund.io

All additional features are described in the tariff plans. Free and available tools, such as an economic calendar, news feed, or online calculator, are absent. The company doesn’t even offer analytics. However, there is a ticker showing current quotes of popular financial assets.

Deposit, Withdrawal, and Fees

Money transfers are possible using credit/debit cards, bank wire transfers, and crypto. InsideTheFund supports fiat currencies USD, EUR, and GBP, as well as cryptocurrencies ETH, LTC, BTC, and Dash. The minimum amount for withdrawal is $100, or its equivalent in other currencies, including digital. The processing time for withdrawal requests is relatively long — up to 3-5 business days, and the broker warns that it may take another 5 business days for the money to reach the client’s account.

In addition to the lengthy withdrawal process, the broker also charges a fee. For credit/debit cards it’s 5%, for bank transfers $10-$25, and for digital currency, it’s unknown. Don’t forget about the inactivity fee, so traders need to make at least 3 trades per month with a volume of more than $100.

Features	InsideTheFund	AU Venture	Neotrades
Debit/Credit Cards	✔️	✔️	✔️
Electronic Payments	❌	❌	✔️
Crypto Transfers	✔️	❌	✔️
Deposit Fee	❌	❌	❌
Withdrawal Fee	✔️	❌	❌

How Can I Contact It?

The broker shares a Swiss phone number and email for contacting managers. Additionally, there is a special form for creating a feedback request. InsideTheFund promises to respond within one hour, and support operates 24/5.

Checking the firm’s contact data yielded nothing. However, there are still downsides. Online chat and social media accounts are absent.

Is InsideTheFund Dangerous?

Let’s not beat around the bush. The company looks like blatant fraud: a boring website, inadequate conditions with high commissions and leverage of 1:500, the impossibility to register an account, secrecy and anonymity, absence of a demo account, and more. Too many negative factors are gathered in one place. However, before making a conclusion, it’s necessary to consider the duration of operation and the legitimate status of the organization.

How Long Does The Broker Work?

There are almost no mentions on the internet related to InsideTheFund. Looking at when the website’s domain was registered, which happened on November 14, 2023, it’s easy to guess about the short duration of the operation. Therefore, information about satisfied 100,000 clients is clearly fake.

How Is It Regulated?

After studying the official website, mentions of three jurisdictions were found: Switzerland, the United Kingdom, and Saint Vincent and the Grenadines. At the same time, licenses from FINMA and FCA are not indicated. However, it’s necessary to check the presence of InsideTheFund in the registries of financial commissions of these countries. The check gave the following results:

1. FINMA is absent.
2. FCA is absent.
3. SVGFSA is absent.

Additionally, the legal registries of Switzerland and the United Kingdom were checked. It’s not surprising that InsideTheFund was not found there either. Thus, it can be confidently assumed that addresses in the United Kingdom and Switzerland are fake.

Features	InsideTheFund	RiveGarde	BitBlanco
European Zone	❌	❌	❌
Asian Zone	❌	❌	❌
American Zone	❌	❌	❌
African Zone	❌	❌	❌
Offshore	❌	❌	❌

Frequently Asked Questions (FAQ)

How to Trade With InsideTheFund?

Currently, registration is impossible, as after entering the necessary information, an account is not created. Perhaps the company's employees can help solve this problem.

Is InsideTheFund Legit?

No, the company operates illegally. Moreover, the broker has not only failed to obtain licenses from regulators, but data about it in legal registries is also absent.

How Risky Is It?

Collaborating with brokers like InsideTheFund carries colossal risk. Such platforms are fraudulent, so there can be no talk of reliability and safety. The primary risk is losing money.