Score

1.52 /10
Danger

IGFinvestment

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.10

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

IGFinvestment · Company summary
Feature Information
Company Name IGF Investment
Registered Country/Area United Kingdom
Founded Year 2018
Regulation Unregulated
Minimum Deposit $500
Tradable Assets 50+ Currency Pairs, Shares, Indices, Cryptocurrencies, Commodities
Account Types Mini ($500 min), Classic ($5,000 min), Premium ($20,000 min)
Demo Account Not Available
Customer Support Phone at +442080893859; email at support@igfinvestment.com

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.

What is IGF Investment?

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 Cons
Wide range of tradable assets Not regulated by any financial authority
Multiple account types Minimum deposit is high
Customer support Website functionality problems

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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