IGM Forex-Overview Guide of This Broker

IGM Forex Information

IGM Forex is a regulated broker under CySEC, offering access to over 160 CFDs on various instruments, including forex, commodities, indices, and stocks. The broker provides a user-friendly Webtrader platform, but it lacks downloadable trading software or a dedicated mobile app.

Pros and Cons

Is IGM Forex Legit?

What Can I Trade on IGM Forex?

IGM Forex provides a wide selection of trading products, including over 160 CFDs across several asset classes.

Account Types

IGM Forex provides two account types , including retail trading accounts and professional trading accounts.

Retail Trading Accounts

Professional Trading Accounts

Leverage

IGM Forex allows Retail Accounts to leverage 1:30 and Professional Accounts 1:400. This lets traders hold larger positions with a lower starting investment, increasing profit possibilities. Higher leverage increases the possibility of large losses and rewards. Traders should utilize leverage carefully and manage risk to reduce risks.

IGM Forex Fees

IGM Forex's fees are tight compared to industry standards. The broker advertises zero commission, tight spreads starting from 0.03 pips, making IGM Forex one of the tightest brokers.

Trading Platform