Global Broker governance & inquiry App



IGM Forex

Cyprus|5-10 years|
Regulated in Cyprus|Straight Through Processing(STP)|MT4/5 White Label|Regional Brokers|High potential risk|


Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

Server Name
IGMForex-Demo MT4
Server Location United States


+357 25252371


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



Open Now

Contact number


+357 25252371

Broker Information


Company Name

IGM Forex Ltd

Company Abbreviation

IGM Forex

Platform registered country and region


Company website

Pyramid scheme complaint


Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2023-12-01
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Users who viewed IGM Forex also viewed..


10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website

2-5 years | Regulated in Cyprus | Market Making(MM) | MT4/5 full license
Official website


2-5 years | Regulated in United Kingdom | Common Business Registration | MT4/5 full license
Official website


15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
Official website
Pyramid scheme complaint

IGM Forex · Company Summary

General Information & Regulation

IGM Forex was founded in 2016, a brokerage house operating for CFD traders based in the European Economic Area (EEA), with headquarters in Limassol, Cyprus. IGM Forex is authorized and regulated by CySEC with CIF license number 309/16. IGM FX offers over 160 tradable assets based on FX, stocks, indices, commodities, and cryptocurrencies, plenty of educational resources, and technical analysis tools.

IGM Forex Market Instruments

There are over 160 tradable assets at IGM FX, including CFDs based on shares, indices, commodities, and cryptocurrencies, on top of the FX offer.

IGM Forex Minimum Deposit

IGM Forex offers four account options: Silver, Gold, Platinum and VIP accounts. There are differences between them with regards to spreads, the minimum deposit required, and other premium features such as trading signals, full account overview, VIP webinars, dedicated account manager, or dedicated senior account manager.


IGM Forex Leverage

In terms of trading leverage, retail customers will benefit from a maximum of up to 1:30 leverage for Forex trading, while for professionals, the maximum leverage is up to 1:400.

Spreads & Commissions

The spreads offered by IGM FX in standard accounts like the Silver and the Gold account sounds way too high, EURUSD 2.5 pips, GBPUSD 2.8 pips, Crude Oil $0.10, and even in its so called VIP account, EURUSD spread from 0.9 pips, GBPUSD from 1.4 pips. In general, spreads are too wide at IGM FX.

IGM Forex Trading Platform

Traders working with IGM Forex are able to trade from the worlds no. 1 platform-MT4 trading platform. MT4 provides more than 30 indicators and its EA compatible, advanced charting, free trading analysis tools, multiple execution and order types, as well as customizable push notifications and alerts. Via the platform, access to all 160+ available markets is granted with no limitations. Alongside MT4, IGM FX also has a web-trading solution that does not require any installation. This is a proprietary browser platform available with no download, compatible with any device, including Android or iOS.

Deposit & Withdrawal

The ways traders can deposit funds at IGM Forex are: Bank Transfer, Credit Card, Skrill, Neteller, China Union Pay and Rapido. This is a solid offering, which covers a lot of ground, including some popular e-wallets in the East and the West.

Customer Support

One of the best things about IGM FX is the 24/7 customer support service. Clients are able to get in touch with a representative via email, phone, or live chat. Because the brokers main office is in Limassol, Cyprus, customer support is available in English. There is also the ability to fill in a contact form on the website and a representative will reply in due time.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

more than one year
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.
2023-02-24 14:35
more than one year
They keep you waiting for a while and steal your money with no reply to email and phone. They just steal my 2000 USD, how poor ppl when can sell their soul just for 2000 USD, STAY AWAY!!!
2022-12-13 11:53
FTS sys17343073191
more than one year
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.
2022-12-08 15:50
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
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
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information