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IGM FX Forex Broker provides real users with * positive reviews, 2 neutral reviews and 6 exposure review!

IGM FX Broker Review

Rating Index

WikiFX Detection

Business

Field Survey Danger

Risk Control

Risk Manage

IGM FX Review 8

Latest All(8) Neutral(2) Exposure(6)
Neutral

IGM Forex, a CYSEC-regulated broker is a reliable broker, and I have been a big fan of it. starting with my first trading here two years, I was provided professional trading services, fair and transparent fees. Despite switching many brokers, I love IGM the most.

:╭⌒红宝石
2023-02-24
Neutral

Overall, IGM Forex is a responsible forex broker concerning its procedure of withdrawals. Although it takes a bi longer sometimes, but there is no additional delay other than ten ways for funds to appear in my bank account.

FTS sys17343073191
2022-12-08
Exposure

Can’t log in let alone the withdrawal. Besides, the customer service is out of contact

dorothy
2020-10-16
Exposure
It has been 15 days, still unable to withdraw

If I profit, I’m unable to withdraw, isn’t it? The customer service is disabled. Does this platform abscond?

FX2624850351
2020-09-04
Exposure

It has been ten days since I withdrew and I can’t receive my money. The customer service is disabled. Does IGM Forex abscond?

FX2624850351
2020-09-02
Exposure
Who uses IGM Forex?

They repeated their answer, making me speechless. It might be a fraud platform which was opened domestically.

小波段
2020-08-27
Exposure
Unable to withdraw

The withdrawal has been delayed several times. I am in deep sorrow and can’t trust others.

小波段
2020-08-27
Exposure
Unable to withdraw

I was unable to withdraw money because of the system’s problems. How can I use the platform?

小波段
2020-08-21

IGM Forex 2025 Review: Everything You Need to Know

Executive Summary

IGM Forex started in 2016. This company has become a notable player in the online trading world over the years. This igm forex review looks at a broker that works under the Cyprus Securities and Exchange Commission with license number 309/16. IGM Forex Ltd is based in Limassol, Cyprus, and it focuses on giving personalized trading services to CFD traders and forex market users.

The broker entered the competitive forex market because more people wanted specialized trading platforms. IGM Forex works within the European Economic Area and offers access to various financial markets including forex and cryptocurrency trading. The company has proper regulatory credentials through its CySEC authorization, but traders should still do careful research before working with any financial service provider.

Our review shows a broker with legitimate regulatory standing. However, detailed information about specific trading conditions, platform features, and user experiences is hard to find in public sources. This review gives an objective analysis based on available information to help traders make smart decisions.

Important Notice

IGM Forex operates as IGM Forex Ltd under the Cyprus Securities and Exchange Commission. Traders should know that regulatory requirements and available services may change depending on where they live and their residency status. The company mainly works within the European Economic Area, so potential clients should check if they can use services based on local rules.

This review uses publicly available information, regulatory filings, and user feedback when we can find it. The analysis tries to give an objective assessment while knowing that individual trading experiences may be different. Readers should do their own research and think about their risk tolerance before making any trading decisions.

Overall Rating Framework

Criteria Score Rating Basis
Account Conditions N/A Specific account conditions not detailed in available sources
Tools and Resources N/A Trading tools and educational resources not specified
Customer Service N/A Customer support details not comprehensively documented
Trading Experience N/A Platform performance data not available in current sources
Trust and Reliability 7/10 CySEC regulation provides regulatory foundation, though limited transparency
User Experience N/A Insufficient user feedback data available for assessment

Broker Overview

IGM Forex Ltd joined the online trading sector in 2016. The company became part of IGM Holdings' expansion into financial services during this time. The broker set up operations in Limassol, Cyprus, to take advantage of the area's established financial services framework and CySEC's regulatory environment. Their focus on personalized trading services suggests they want to provide custom solutions for individual traders rather than using a one-size-fits-all approach.

The company operates under the trading name IGM Forex. It keeps its main operations within the European Economic Area framework. According to regulatory information, IGM Forex Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 309/16. This regulatory status puts the broker within the European regulatory framework and provides certain protections and operational standards for clients within the EEA.

The broker's business model targets CFD traders and forex market participants. They also offer cryptocurrency markets as additional options. This positioning reflects today's trading landscape where retail traders want access to diverse asset classes through single platforms. The company started during a period of significant growth in online trading, which suggests it was created to take advantage of increasing retail trading participation. This igm forex review notes that while the regulatory foundation is established, detailed information about the company's specific service offerings and operational characteristics needs further investigation.

Detailed Broker Information

Regulatory Status and Jurisdiction

IGM Forex operates under the Cyprus Securities and Exchange Commission with license number 309/16. This regulatory authorization lets the company provide investment services within the European Economic Area, following CySEC's operational requirements and client protection standards.

Available Markets and Assets

Based on available information, IGM Forex provides access to forex markets and cryptocurrency trading. The specific range of currency pairs, crypto assets, and other financial instruments available through the platform is not detailed in current public sources.

Account Requirements

Minimum deposit requirements and specific account opening procedures are not listed in available documentation. Potential clients would need to contact the broker directly for detailed account setup information.

Funding Methods

Specific deposit and withdrawal methods, processing times, and fees are not detailed in publicly available sources. This information gap represents a significant consideration for potential clients evaluating the broker's services.

Trading Platforms

The specific trading platforms offered by IGM Forex are not detailed in current sources. Whether the broker provides proprietary platforms, MetaTrader access, or other trading software remains unclear from available information.

Cost Structure

Detailed information about spreads, commissions, overnight fees, and other trading costs is not available in current public sources. This igm forex review notes that cost transparency is crucial for trader decision-making.

Leverage and Risk Management

Specific leverage ratios and risk management tools offered by the broker are not detailed in available sources.

Account Conditions Analysis

The specific account conditions offered by IGM Forex are mostly undocumented in publicly available sources. This creates a significant information gap for potential clients who want to understand the broker's account structures, minimum deposit requirements, and account-specific features. Without detailed information about account types, it's hard to assess how the broker's offerings compare to industry standards or meet specific trader needs.

Traditional forex brokers typically offer multiple account tiers with different minimum deposits, spreads, and additional features. However, IGM Forex's specific approach to account structuring is not detailed in current sources. The lack of clear information about account opening procedures, verification requirements, and ongoing account maintenance conditions represents a transparency concern that potential clients should address directly with the broker.

The missing publicly available information about special account features is concerning. For example, Islamic accounts for traders requiring swap-free trading or premium accounts with enhanced services are not mentioned. This makes it difficult to assess the broker's accommodation of diverse trader requirements. This igm forex review emphasizes that comprehensive account condition information is essential for informed broker selection, and the current information gap should be addressed through direct broker consultation.

Tools and Resources Analysis

Information about IGM Forex's trading tools, analytical resources, and educational materials is not detailed in available public sources. This represents a significant evaluation challenge because trading tools and educational resources are crucial factors in broker selection for many traders. This is especially true for those developing their trading skills or requiring advanced analytical capabilities.

Modern forex brokers typically provide a range of tools including technical analysis software, economic calendars, market research, and educational content. However, IGM Forex's specific offerings in these areas are not documented in current sources. The lack of detailed information about research capabilities, automated trading support, or proprietary trading tools makes it difficult to assess the broker's value proposition for traders requiring comprehensive analytical support.

Educational resources are increasingly important differentiators in the competitive forex broker landscape. These include webinars, tutorials, and market analysis. Without specific information about IGM Forex's educational offerings, potential clients cannot assess whether the broker provides adequate support for skill development and market understanding.

Customer Service and Support Analysis

Detailed information about IGM Forex's customer service structure, support channels, and service quality is limited in available public sources. According to regulatory information, the company can be contacted at +357 25252371, which indicates a Cyprus-based telephone support option. However, comprehensive details about support availability, response times, and service quality are not documented.

Effective customer service is crucial in forex trading. Technical issues or account questions may require immediate attention in this field. The lack of detailed information about support channels is problematic, including whether the broker offers live chat, email support, or multilingual assistance. This represents a significant information gap for potential clients.

User feedback about customer service quality is not comprehensively documented in current sources. This feedback would typically be available through review platforms or trading forums. The absence of user-reported service experiences makes it challenging to assess the broker's actual service delivery quality versus industry standards.

Trading Experience Analysis

The trading experience offered by IGM Forex cannot be comprehensively assessed based on currently available information. Key factors that typically influence trading experience include platform stability, execution speed, order types available, and overall user interface quality. These factors are not detailed in public sources.

Platform performance is crucial for active traders. This is particularly true for those using strategies requiring precise timing or frequent position adjustments. Without specific information about IGM Forex's trading infrastructure, execution capabilities, or platform features, potential clients cannot adequately assess whether the broker's technical capabilities meet their trading requirements.

Mobile trading capabilities are increasingly important for modern traders. However, these capabilities are not specifically documented for IGM Forex. The absence of information about mobile app availability, functionality, or user experience represents another evaluation challenge. This igm forex review notes that comprehensive platform testing and evaluation would require direct engagement with the broker's services.

Trust and Reliability Analysis

IGM Forex's trust profile is based on its regulatory status with the Cyprus Securities and Exchange Commission, holding license number 309/16. This regulatory authorization provides a foundation for operational credibility because CySEC maintains specific requirements for capital adequacy, client fund protection, and operational standards that authorized brokers must maintain.

The regulatory framework under which IGM Forex operates includes standard European protections for retail clients. These protections include segregation of client funds and participation in investor compensation schemes where applicable. However, specific details about the broker's implementation of these protections are not detailed in available sources, including banking relationships and fund segregation procedures.

The company's establishment in 2016 provides a relatively limited operational history compared to more established brokers. While this doesn't necessarily indicate reliability concerns, it does mean that the broker has less demonstrated resilience through various market conditions and regulatory changes that more established firms have navigated.

Third-party verification of the broker's operational practices, financial stability, or service quality through independent audits or industry assessments is not documented in current sources. This represents a transparency gap that potential clients should consider when evaluating the broker's overall reliability profile.

User Experience Analysis

Comprehensive user experience data for IGM Forex is limited in publicly available sources. User reviews, satisfaction surveys, or detailed experience reports that would typically inform user experience assessment are not readily accessible through major review platforms or trading community discussions.

The overall user journey cannot be adequately assessed without specific information about interface design, process efficiency, and user satisfaction metrics. This journey includes everything from account opening through ongoing trading activities. Modern traders expect streamlined onboarding, intuitive platform navigation, and efficient account management capabilities, but IGM Forex's performance in these areas is not documented.

User feedback about common challenges, platform preferences, or service satisfaction is notably absent. This feedback would typically be available through trading forums or review platforms. The lack of user-generated content about experiences with IGM Forex makes it difficult to provide meaningful insights about real-world user satisfaction or common user concerns.

The absence of detailed user experience data suggests that potential clients should prioritize direct platform testing and service evaluation. They should do this before committing to significant trading activity with the broker.

Conclusion

This igm forex review reveals a broker with legitimate regulatory credentials through its CySEC authorization. However, there are significant information gaps regarding specific trading conditions, platform capabilities, and user experiences. IGM Forex's establishment in 2016 and regulatory status provide a foundation for credibility, but the limited availability of comprehensive operational details presents challenges for thorough evaluation.

The broker appears suitable for traders seeking personalized services within the European regulatory framework. This is particularly true for those focused on forex and cryptocurrency markets. However, potential clients should conduct direct due diligence to obtain detailed information about account conditions, trading costs, platform capabilities, and service quality before making trading decisions.

The main advantages include legitimate regulatory oversight and focus on personalized services. The primary concerns center around limited transparency regarding specific trading conditions and user experiences. Traders considering IGM Forex should prioritize direct broker consultation to address information gaps identified in this review.

IGM FX review