Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

iGain Markets

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://igainmarkets.com/

Website

Rating Index

Contact

+44 2045773355
https://igainmarkets.com/
First Floor, First Saint Vincent Bank Ltd Bulding, James Street, Kingstown, Saint Vincent and the Grenadines

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
iGain Markets Limited
Email
support@igainmarkets.com
Contact Number
+44 2045773355
Account Info
Verified Site
About Us
Wiki Q&A
Comment

Users who viewed iGain Markets also viewed..

Neex

Neex

8.64
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Neex
Neex
Score
8.64
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
IC Markets Global

IC Markets Global

8.90
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
IC Markets Global
IC Markets Global
Score
8.90
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
taurex

taurex

8.49
Score
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
taurex
taurex
Score
8.49
5-10 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • igainmarkets.com
    173.231.212.144
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

General Information

iGain Markets is allegedly a broker based in Saint Vincent and the Grenadines that provides its clients with the worlds renowned MetaTrader5 trading platform, leverage up to 500:1, tight spreads on a wide selection of tradable assets, as well as a choice of two different account types and 24×5 customer support services.

Market Instruments

iGain Markets advertises that it offers a wide range of trading instruments in financial markets, including forex, indices, commodities (precious metals, energy and agricultural products), cryptocurrencies and more.

Account Types

There are two live trading accounts offered by iGain Markets, namely Raw and Standard. Opening any account type requires the minimum initial deposit amount of $50 or equivalent.

Account

Leverage

The maximum leverage ratio provided by iGain Markets is much higher than most brokers, up to 500:1. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads and commissions are influenced by what type of accounts traders are holding. iGain Markets reveals that the spreads in the Raw account start from 0.1 pips with a $6 commission per lot, while the clients on the Standard account with spreads from 1.0 pip and 0 commission.

Spreads

Trading Platform Available

When it comes to trading platforms available,iGain Markets gives traders the worlds most widely-used MetaTrader5 platform. There are four different versions: MT5 for Windows, MT5 for iOS, MT5 for Android and Web Terminal. Known as one of the most successful, efficient, and competent forex trading software, MT5 offers a smart, intuitive platform for multi-asset trading, featuring 21 time-frames, 80+ pre-installed indicators and more. With MT5 mobile versions, trading can be done from anywhere and at any time through the right mobile terminals.

Trading

Deposit & Withdrawal

iGain Markets accepts deposits and withdrawals via Bank Wire, MasterCard and cryptocurrencies like Bitcoin, Ethereum and more. All deposit or withdrawal requests will be processed between 0-1 business day.

Deposit

Customer Support

iGain Markets customer support can be reached through telephone: +442045773355, email: support@igainmarkets.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram, YouTube and LinkedIn. Company address: First Floor, First Saint Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How safe is trading with iGain Markets?

iGain Markets Limited presents a severe risk warning due to its complete lack of verified regulatory oversight from any major financial authority. The firm is registered in Saint Vincent and the Grenadines, a jurisdiction known for not licensing or supervising forex brokers, which results in a total absence of standard client protection mechanisms like segregated funds or investor compensation schemes.

04-02
United States

What is the regulatory status of iGain Markets?

iGain Markets is not a regulated broker. It operates without any valid authoritative forex trading licenses from recognized regulatory bodies such as the FCA, ASIC, or CySEC. Its registration in Saint Vincent and the Grenadines does not constitute financial regulation, placing it entirely outside standard investor protection frameworks.

04-02
United States

When was iGain Markets established?

Based on public records, iGain Markets has been operating for between two and five years.

04-02
United States

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

In a week

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

In a week

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

¿Cómo identificar si un bróker presenta un perfil de riesgo elevado?

Un bróker puede evaluarse como de mayor riesgo considerando factores como la situación regulatoria, las reclamaciones de usuarios, la seguridad de los fondos y la coherencia de la información pública disponible. En general, los brókers sin regulación válida, con problemas frecuentes de retirada o con un elevado número de reclamaciones suelen presentar mayores niveles de riesgo. En WikiFX pueden consultarse el estado regulatorio, la puntuación integral, los registros de exposición y las opiniones de usuarios como referencia adicional.

In a week
View More
Write a Review
1
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com