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IGM FX is the leading online brokerage platform provider that started its operation with the intention to offer all advanced financial services to its customers situated at Limassol Cyprus. It is regulated by CySEC under license number 309/16. Also, it is a trading brand of popular IGM forex ltd. The same company monitors all operations and payments across the European economic area.
It provides a wide range of CFD trading instruments, including forex, commodities, stocks, cryptocurrencies, metals, indices, etc. Through its core account types known as Silver, Gold, Platinum, and VIP Account. Further, IGM FX offers relatively less commission and spread and allows clients to execute hassle-free trades in financial markets.
The broker IGM FX allows traders to trade on globally popular and most used platform MetaTrader 4 for WebTrader and mobile app. The broker’s website, educational and research sector are quite impressive and informational. It also has a dedicated and responsive support team.
IGM Forex is located in Limassol, Cyprus, and regulated and authorized by Cyprus Securities and Exchange Commission( CySEC) under the license number 309/16. The famous IGM Forex Ltd is a parent company of IGM FX, the company responsible for providing services in the European economic area. The forex broker is a member of the Investor compensation fund. It also uses segregated accounts of top-tier financial institutions to deposit clients’ funds.
Additionally, it also uses advanced technology and an encryption system to protect the client’s data.
Thus this regulation from Cyprus of IGM FX makes it the Safest venture for investors and traders; they can trust the broker and start their fruitful trading journey with IGMFX.
IGM FX provides core types of client accounts with advanced trading features and services, and grants access to a wide range of instruments through different financial markets. Every account has its own characteristics and comes with additional benefits and attractive accounts named Silver Account, Gold Account, Platinum Account, and VIP Account. Each account has different features for retail and professional clients. Let’s look at the features of trading accounts.
Silver account is perfect for the novice who has just started or is learning the trading process. This account type comes with limited features but is ideal for the initial traders. Some of the features are as follows:
This account type is better than the Silver account type and comes with additional features, and is ideal for traders who have some experience in the financial market. Some of the features are as follows:
This account type is perfect for seasoned traders and comes with all the advanced and essential trading features and services. Some of the features as follows:
This type of account type is the most incredible option offered by the broker, which is not given by the industry’s regular other brokers. This account comes with extraordinary features, and trading options are best for making your trading journey unique. Some of the features such as account size, stop loss, and charges are as follows:
A demo account is for both beginners and experienced traders. If you are a beginner you can practice trade through this account. On the other hand, if you are a seasoned trader you can use this account to compare services of IGM fx with others. However, you will find the broker the best in the field.
This CySEC regulated broker IGM FX allows its clients to explore a wide range of 165+ assets cfds through different financial markets like forex, crypto, metals, stocks, indices, and commodities. The detailed products information and specifications are as follows:
Customers get access to the significant cryptocurrency market. Traders can trade more than 30+ crypto. Some of the trading features of the crypto market:
Customers get access to explore trading with a good range of commodities. The brokers offer more than 15+ commodities like Cocoa, Crude Oil, Energies, Agricultural products, etc.
IGM FX is one of the most popular forex brokers. It offers a wide range of currency pairs for trading with advanced trading features.
The broker offers a good range of assets to trade stocks with CFDs.
Note: Trading all these tradable assets such as stocks, forex, cryptocurrency, metal, commodities through CFDS carries a high risk of losing money. So, think before reaching any decision.
The broker offers globally used and appreciated MetaTrader 4 trading platforms for WebTrader and Mobile trading applications. The broker’s trading platform has all the advanced trading features and tools to enhance the customer’s trading experience.
Note: Trading on leverage brings along a high risk of losing money. More than 75% of traders lose money trading on high leverage. So, use leverage wisely and take each step cautiously.
The broker offers a wide range of payment options for depositing and withdrawing funds.
IGM FX allows charge-free deposit and withdrawal. Customers might get charged as the inactivity fees or might when there are withdrawals less the 50 EUR. The payment processing timings are based on different payment options.
IGM FX research section is extremely useful and outstanding that helps traders analyse the financial market correctly. With the help of analytical tools, traders can predict their entry and exit points. The research section must have every broker, but not all brokers offer only top brokers providing all the necessary tools and resources that can increase the profit possibility. IGMFX is the leading online broker that offers all the required technical and fundamental tools like an Economic calendar, report seasoned calendar, daily news, etc.
IGM FX has the most useful and wide range of educational resources, which helps traders understand the different financial markets’ dynamics. They can understand and execute differently profitable trading strategies. Online trading is wholly based on trading strategies, so, to become successful in the financial markets, traders will have to develop different trading strategies. The broker’s educational resources can help traders to learn all these strategies. IGM FX offers the following wide range of educational support:
This CySEC regulated broker IGM FX has a highly dedicated and efficient customer support service. When we tried to reach out to the support team, we got a reply within no time and firmly solved our queries. Traders can connect them via direct support types phone, chat, Email, and the broker’s social media handles.
Here was the detailed IGM FX review based on the different features and services. This Limassol Cyprus situated firm is a leading and innovative CFD provider that offers a wide range of trading instruments with advanced trading platforms and services. The financial service provider offers commission-free trade, deposits, and withdrawals. The education and research section offered by the broker is exceptional. The essential part of IGM FX is the safest venture for all types of traders from novice to seasoned. Above all, it is regulated by CySEC’s authentic financial authority in the trading arena.
The broker offers commission-free trading; traders have to pay some spreads or swap charges. The spread starts as low as 0.7. The spreads charged by the broker are different for every asset and are floating. And also spreads are different for every account type. The platinum account holder clients get less charged. The spreads charged by the broker are relatively less compared to other brokers in the industry.
The broker’s maximum leverage is 1:400 for professional clients, whereas for retail clients it offers 1:30. It also provides leverage according to the assets and differs the margin for the different assets.
The broker offers an entirely digital and hasslefree account opening process, which can be completed with the one business day. By following the simple steps, customers can open the account and start their trading journey.
Steps to open a trading account with IGMFX
For KYC, clients will have to upload the identity proof, address proof and latest bank statement for the income proof. Clients will have to deposit $250 as a minimum deposit amount.Open An Account