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IGM Holdings-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2022-04-20 19:47

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

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.

Leverage Broker Dealer Currency Pair Forex trading Forex Broker

Related broker

No Regulation

IGM Holdings

Company name：IGM Holdings

Score

1.49

Website：https://www.igmholdings.com/index.html

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

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