What is IGF Investment？
IGF Investment is a financial trading platform established in 2018, operating in an unregulated environment. It offers services primarily in English and Spanish, providing traders with the ability to engage in various asset classes including over 50 currency pairs, shares, indices, cryptocurrencies, and commodities.
Deposit methods include MasterCard, Visa, and bank wire transfers, with a minimum deposit requirement of $500. While a free demo account option is not available, traders can access a range of financial instruments for investment purposes.
However, you should notice that the official website of IGF Investment, https://igfinvestment.com/ is currently encountering functionality problems.
Regulatory Status
IGF Investment is not regulated by any financial authority. The Marshall Islands, where they claim to be based, don't oversee Forex brokers. Additionally, financial regulators in Italy (CONSOB) and Spain (CNMV) have warned against IGF Investment, indicating illegal operation in their jurisdictions.
Pros & Cons
Pros:
Wide range of tradable assets: IGF Investment offers a diverse selection of tradable assets including currency pairs, shares, indices, cryptocurrencies, and commodities. This allows traders to diversify their investment portfolio and potentially capitalize on various market opportunities.
Multiple account types: The platform provides flexibility with multiple account types, satisfying different investment levels. This allows traders to choose an account that aligns with their financial goals and risk tolerance, providing a customized trading experience.
Customer support: IGF Investment offers customer support via phone and email, providing assistance to traders who may have questions or encounter issues while using the platform. This ensures that traders have access to support services when needed, enhancing their overall trading experience.
Cons:
Not regulated by any financial authority: One significant drawback is that IGF Investment is not regulated by any financial authority. This lack of regulation raises concerns about the safety and security of funds, as there is no oversight to ensure compliance with industry standards and regulations.
Minimum deposit is high: The minimum deposit requirement of $500 is relatively high compared to industry averages. This poses a barrier to entry for some traders, especially those who are just starting out or have limited funds to invest.
Website functionality problems: There are reported issues with the functionality of the official website of IGF Investment. This can be frustrating for traders trying to access important information or execute trades, potentially impacting the overall user experience and reliability of the platform.
Account Types
IGF Investment offers three tiers of trading accounts: Mini, Classic, and Premium.
The minimum deposit to open an account starts at $500 for the Mini account, and increases to $5,000 and $20,000 for the Classic and Premium accounts respectively.
Deposit & Withdrawal
IGF Investment has a minimum deposit requirement of $500, which is two times higher than the industry average.
Customer Service
Goldium FX offers customer support via phone at +442080893859 and email at support@igfinvestment.com
Conclusion
IGF Investment offers a wide range of tradable assets and multiple account types, providing traders with flexibility and options for their investment needs. However, the significant disadvantages include the lack of regulation by any financial authority, which raises concerns about fund security, as well as the relatively high minimum deposit requirement of $500.
Additionally, reported website functionality problems could potentially impact the user experience negatively. While customer support is available via phone and email, the overall reliability of the platform is questioned due to these drawbacks.
Frequently Asked Questions (FAQs)
Question: What types of assets can I trade with IGF Investment？
Answer: IGF Investment provides a diverse range of trading options, including currency pairs, stocks, indices, cryptocurrencies, and commodities, enabling traders to explore various markets and opportunities.
Question: Is IGF Investment regulated by any financial authority？
Answer: IGF Investment operates in an unregulated environment, which means it is not overseen by any financial regulatory body.
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