IGM Forex-Overview Guide of This Broker
摘要：IGM Forex is a CFD trading platform registered in Limassol, Cyprus, and authorized by the Cyprus Securities and Exchange Commission (CySEC) with license number 309/16. Founded in 2016, the company offers over 160 tradable assets, including FX, stocks, indices, and commodities. It provides regulated services to traders interested in exploring the world of CFD trading.
| IGM Forex Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Cyprus |
| Regulation | Regulated in CySEC |
| Market Instruments | Forex, Commodities, Indices, Stocks |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| Spread | 0.03 pips for EUR/USD pair |
| Trading Platform | IGM FX Webtrader |
| Min Deposit | / |
| Customer Support | support@igmfx.com |
| +357 25 252 371 | |
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
| Pros | Cons |
| Regulated by CySEC | No dedicated mobile app or downloadable software |
| Tight spreads starting from 0.03 pips | Limited information about educational resources |
| Leverage up to 1:400 | No demo account |
| Wide range of instruments |
Is IGM Forex Legit?
| Aspect | Details |
| Entity Name | IGM Forex Ltd |
| Regulatory Body | Cyprus Securities and Exchange Commission (CySEC) |
| License Type | Straight Through Processing (STP) |
| License Number | 309/16 |
| Effective Date | 2016/8/16 |
What Can I Trade on IGM Forex?
IGM Forex provides a wide selection of trading products, including over 160 CFDs across several asset classes.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrency | ✔ |
| CFD | ✔ |
| Indexes | ✔ |
| Stock | ✔ |
| Forex | ✔ |
Account Types
IGM Forex provides two account types , including retail trading accounts and professional trading accounts.
Retail Trading Accounts
| Feature | Classic | Silver | Gold | VIP |
| Leverage (Up to) | 1:30 | 1:30 | 1:30 | 1:30 |
| Instruments | All assets | All assets | All assets | All assets |
| Margin Call | 100% | 100% | 100% | 100% |
| Stop Out | 50% | 50% | 50% | 50% |
| Minimum Volume/Trade | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum Volume/Trade | 50 | 50 | 50 | 50 |
| Support | Yes | Yes | Yes | Yes |
| Full Account Overview | - | - | Monthly | Weekly |
Professional Trading Accounts
| Feature | Classic | Silver | Gold | VIP |
| Leverage (Up to) | 1:400 | 1:400 | 1:400 | 1:400 |
| Instruments | All assets | All assets | All assets | All assets |
| Margin Call | 100% | 100% | 100% | 100% |
| Stop Out | 20% | 20% | 20% | 20% |
| Minimum Volume/Trade | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum Volume/Trade | 50 | 50 | 50 | 50 |
| Support | Yes | Yes | Yes | Yes |
| Full Account Overview | - | - | Monthly | Weekly |
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
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| IGM FX Webtrader | ✔ | Desktop, Mobile (Web-based) | Beginners to advanced traders who value portability and ease of use |
| Cross-Platform Trading | ✔ | All Devices with a Browser | Traders seeking access to accounts on multiple devices with no downloads |
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