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IGC Markets

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://igcmarkets.com

Website

Rating Index

Contact

https://igcmarkets.com
https://www.facebook.com/IGC-Markets-100924892250173
https://twitter.com/IgcMarkets
https://www.linkedin.com/company/79585180/

Licenses

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

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

Single Core

1G

40G

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Disclosure

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Warning

EE FSA
2022-02-02
Investor Alerts
IGC Markets
The Investment Center
BrownFinance

Danger

FR AMF
2022-01-10
Blacklists of unauthorized companies and websites: Forex
IGC Markets
ZMarket
Infinity4x

Warning

FR AMF
2022-01-10

Broker Information

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Company Name

IGC Markets

Company Abbreviation

IGC Markets

Platform registered country and region

China

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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IGC Markets · Company Summary

General Information

IGC Markets is allegedly a Forex & CFDs online brokerage that provides its clients with award-winning trading platform, up to 1:500 leverage, low spreads on 200+ tradable assets, as well as a choice of six different account types and 24×5 customer support services.

Market Instruments

IGC Markets advertises that it offers more than 200 trading instruments, including forex, cryptocurrencies, CFDs, shares, metals, indices and energies.

Account Types

There are six trading accounts offered by IGC Markets, namely Standard, Core, Deluxe, Gold, Prime and Superior with the initial capital requirements of less than $10,000, more than $10,000, $25,000, $50,000, $100,000 and $250,000 respectively.

Leverage

In terms of trading leverage, the maximum level offered by IGC Markets is quite generous, up to 1:500. Attention that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

From the information displayed on the Internet, it seems that the spread for EUR/USD pair starts from 0.1 pips.

Trading Platform Available

IGC Markets claims that it offers a Webtrader platform and traders can trade on the go with mobile devices or via desktop Windows PC or Mac. However, this platform does not offer a fraction of the features established platforms do and lacks significantly in terms of design and functionality.

Deposit & Withdrawal

IGC Markets says it accepts deposit or withdrawal via VISA, MasterCard, Maestro and Bank Transfer with no fees and no commission. The minimum deposit requirement is not involved, while the minimum withdrawal amount is $100. As for the processing time of deposit and withdrawal requests, deposit via VISA, MasterCard and Maestro requires up to 2 hours, while deposit via Bank Transfer and all withdrawal requests need much more time, 5-7 business days. Note that the Standard, Core and Deluxe accounts can enjoy expedited & free withdrawals.

Fees

IGC Markets does charges inactivity fees. It will charge an inactivity fee of 5% on accounts with no trading activity or a minimum of 3 open positions for the amount of $100 for a period of 30 days or more.

Customer Support

IGC Markets customer support can be reached through telephone: +442037690553 or sending messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram, Twitter, YouTube and LinkedIn. Company registered address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown St.

User Reviews

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亻韋
more than one year
I had a frustrating experience with IGC Markets as their website loaded extremely slowly. It took a long time for the pages to load, and sometimes they didn't load at all. This made it very difficult for me to access the information I needed and impacted my trading decisions. I hope they can improve their website performance soon.
2023-03-20 17:55
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S.T_小楊JCI
more than one year
All was going OK initially but then I decided it wasn't for me and wanted to withdraw my money. I submitted the request online that showed pending. And suddenly, their site is broken, and I can’t access it anymore... I suspected that it was a scam.
2023-03-08 17:15
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