Score

1.43 /10
Danger

IGM Holdings

Switzerland

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.36

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Single Core

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40G

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Broker Information

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Company Name

IGM Holdings

Company Abbreviation

IGM Holdings

Platform registered country and region

Switzerland

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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IGM Holdings · Company summary

General Information

IGM Holdings is a Switzerland-based broker that advertises trading in Forex, Stocks, Commodities, Indices, and Cryptocurrencies.

Market Instruments

With IGM Holdings, traders can get access to a series of CFD products, including foreign currency pairs, cryptocurrency, Commodities, Indices, Stocks and Shares.

Account Types

Five types of accounts are available on the IGM Holdings platform: Basic, Silver, Gold, Platinum, and VIP, ranging in size from €250 to €250,000, with a range of bonus percentages and trading conditions.

Leverage

The account page of IGM Holdings claims leverage of 1:25, compared to 1:500 listed on the homepage, which is quite a difference. Leveraged trading involves significant risks, especially for those who are inexperienced. Profits can be greater, but losses may also be greater, often far exceeding the invested funds.

Trading Platforms Available

In terms of trading platforms available, this broker advertises the MetaTrader 5 (MT5) trading platform as a Desktop, Web, and Mobile (Android and iOS) application.

Deposit & Withdrawal

There are numerous logos on the broker's website illustrating various payment methods, including credit/debit cards, wire transfers, e-wallets, and prepaid cards. Clients, however, can only pay by credit cards and bank transfers. Popular payment methods, like PayPal, and e-wallet services, like PayPal, Skrill, and Neteller, are not accepted. It offers a high minimum deposit amount of $250 compared to others. The minimum withdrawal amount is not stated anywhere.

Customer Support

IGM Holdings hype that it offers 24/7 customer support, and they can be contacted through email: support@igmholdings.com. Company Address: Richtistrasse 7, Wallisellen Business Park, 8304 Zurich, Switzerland.

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天行健24581
more than one year
I was disappointed to find that IGM Holdings only offers a leverage of 1:25, which is much lower than what I was hoping for. I prefer to have more flexibility with my investments and a higher leverage would have allowed me to potentially earn more profits. This low leverage offering makes me hesitant to trade with IGM Holdings.
I was disappointed to find that IGM Holdings only offers a leverage of 1:25, which is much lower than what I was hoping for. I prefer to have more flexibility with my investments and a higher leverage would have allowed me to potentially earn more profits. This low leverage offering makes me hesitant to trade with IGM Holdings.
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2023-03-23 10:28
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