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Score

1.38 /10
Danger

IMGFX

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

High potential risk

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Score

License Index 0.00
Business Index 6.01
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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Licenses

No valid regulatory information, please be aware of the risk!

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

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40G

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Broker Information

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Company Name

IMGFX ltd

Company Abbreviation

IMGFX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2023-06-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

IMGFX · Company summary

GENERAL INFORMATION AND REGULATION

Founded in 2015, IMGFX is an online retail broker that is made up of a team of professionals, including Traders, Trading Technology Specialists, Software Developers, and Support Specialists. The broker offers competitive trading conditions, such as negative balance protection, encrypted servers, layered holding wallets, and more. IMGFX processes trade through a pure STP/ECN technology without the intervention of a dealing desk. Over the years, the broker has won several industry awards, including Best execution speed award 2020, Best customer service award 2019, and more.

With its head office in Kingstown, Saint Vincent and the Grenadines, IMGFX is an online trading broker that claims to continuously provide their clients with exceptional service, tested technologies, cheap execution, and above all, professionalism. At IMGFX, traders get access to institutional level liquidity and advanced features such as an intuitive web trader platform, mobile trading, one-click order execution, and trading from real-time charts. A minimum deposit of $50 is required to start trading.

There is no regulatory information on the brokers website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. At WikiFX you can check our trading broker reviews for alternative regulated brokers.

MARKET INSTRUMENT

The broker offers various financial markets, including forex, cryptocurrencies, stocks, CFDs, and more.

ACCOUNT AND LEVERAGE

There is a choice of three live trading account types on the brokers website. The account types include the following: Classic ECN, Trader ECN, and Premium ECN accounts.

CLASSIC ECN

• pread From 0.0 pips

• Max Leverage 1:500

• Min Lot Size 0.01

• Account Currency USD, EUR, GBP, BTC

• Commission 0

• Deposit as little as $50

TRADER ECN

• Spread From 0.0 pips

• Max Leverage 1:500

• Min Lot Size 0.01

• Account Currency USD, EUR, GBP, BTC

• Commission $8 (per side)

CUSTOM ECN

• Spread From 0.0 pips

• Max Leverage 1:500

• Min Lot Size 0.01

• Account Currency USD, EUR, GBP, BTC

• Commission Custom

• Minimum Deposit: $10,000

TRADING PLATFORM AVAILABLE

IMGFX has selected to use the popular MetaTrader 4 (MT4) trading platform because of its stability and user familiarity. The MT4 platform can be used for forex, cryptocurrency, stocks, and CFD trading. The platform allows users to enjoy fast trading with minimal slippage, re-quotes, and rejection of orders. The broker makes the MT4 trading platform available in desktop, web, and mobile versions.

Additionally, IMFX offers the FXGO app. It is a custom mobile trading platform app that is available to download for free on both Google Play Store and the Apple App Store.

DEPOSIT AND WITHDRAWAL

Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:

• Bank transfers

• Credit/Debit cards

• Online payment processors, including Neteller and Skrill

• Cryptocurrency

CUSTOMER SERVICE

IMGFX provides traders with a knowledgeable client support team who are easy in communicating and prompt in response. The support team can be reached via email, online request form, or by visiting their physical office address in Kingstown, Saint Vincent and the Grenadines. But no phone number is provided.

News

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NewsWikiFX repport: 5 Trading Habits to Adopt This Year

2022-05-09 16:29

Make sure you trade with discipline and a long-term mindset this year. This year, try these five trading practices.

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2022-05-09 16:29
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WikiFX repport: 5 Trading Habits to Adopt This Year
WikiFX report: Forex Versus The Stock Market

NewsWikiFX report: Forex Versus The Stock Market

2022-05-09 16:23

The most popular worldwide markets are forex and stocks. It's critical to know which is optimal for your trading strategy and risk appetite before you start trading.

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2022-05-09 16:23
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WikiFX report: Forex Versus The Stock Market
WikiFX report: Habits of Successful Traders

NewsWikiFX report: Habits of Successful Traders

2022-04-14 11:46

The most successful forex traders are those who have developed and maintained good routines. We've compiled a list of some of the structures, methods, and disciplines you can use to improve your trading skills.

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2022-04-14 11:46
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WikiFX report: Habits of Successful Traders
IMGFX – The People Broker

NewsIMGFX – The People Broker

2021-11-11 09:25

Choosing from a beginner or intermediate perspective is still not easy.

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2021-11-11 09:25
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IMGFX – The People Broker

User Reviews

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FX1264856520
more than one year
SCAM! SAVE YOURSELF FROM THEM! These people are full of lies they should shut down. Do not pay and use excuses to lock user accounts. Do not invest in this scam company. they rob investors!
2023-02-28 15:11
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philtinvestments
3-6months
THIS WEBSITE COMPLETELY SCAM !!! i just want to withdraw my money and they LOCK my account and I cannot access my account again until now
2022-12-07 03:24
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0
0
A.泰隆银行海盐支行.胡晨曦
more than one year
I have been trading with trading with IMGFX for a short time now, and I can say that trading with this broker is really joyful. I’ve made some small profits and everything goes well under the help of their customer support. Recommend!
2022-12-05 16:10
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0
0
五彩斑斓的黑
more than one year
They're all liars! They induce a lot of people to invest, but they won't let us withdraw money. What's more, they deducted all the money from my account. I don't know why anyone would give them a good review online. Those must be fake.
2022-12-05 13:51
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