IGM FX Review
97
Review
Fast Facts
LBE (Lithuania)
Account types
| Silver Account | Gold Account | Platinum Account | VIP Account | |
|---|---|---|---|---|
| Minimum Deposit | 250 USD | |||
| Maximum Leverage | 1:30 | |||
| Spread from (pips) | ||||
| Commission per lot (USD) | 0 | |||
| Minimum Trade Size | 0.01 | |||
| Step | ||||
| Execution Type | ||||
| Trading Instruments | Crypto, Stocks, Indices, Metals, Commodities, Forex | |||
| Margin Call | ||||
| Stop out | 50% | |||
| Swap Free | ||||
| Currency | GBP, EUR, USD | |||
Deposits / Withdrawals
- Deposit Methods: Visa, MasterCard, Maestro, Skrill, Neteller, Bank Wire Transfer
- Withdrawal Methods: Visa, MasterCard, Maestro, Skrill, Neteller, Bank Wire Transfer
- Account Currencies: GBP, EUR, USD
Contact Info and Support
5, Matheou Matheou Str., Agiou Athanasiou Industrial Area, Limassol, 4101, Cyprus
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | iumfx.com | ◦ $0 |
About IGM FX
IGM Forex Ltd operates under Cyprus Investment Firm (CIF) licence number 309/16, issued by the Cyprus Securities and Exchange Commission (CySEC) — the firm provides CFD trading across asset classes including forex, stocks/equities, indices, commodities, precious metals, and cryptocurrencies via the MT4 platform. Account types offered include Silver, Gold, Platinum, and VIP, all requiring a minimum deposit of 250 EUR/USD/GBP, offering zero commission, maximum leverage of 1:30, minimum trade volume of 0.01 lots, available base currencies of GBP, EUR, and USD, with support for hedging and Expert Advisors (EAs), but scalping is not allowed; Islamic accounts are not provided — the official website confirms these account specifics.
Regulatory history shows that CySEC temporarily suspended IGM Forex Ltd’s licence 309/16 in July 2018 due to concerns regarding own funds and capital adequacy; the suspension was lifted in October 2019 after the firm took remedial actions, although subsequent operations or reactivation remain unclear.
Pros and cons
Pros
- CySEC-regulated with official licence number (309/16)
- Diverse asset class offerings and MT4 platform with hedging and EA support
- No commission and low minimum deposit across account types
Cons
- Historical licence suspension over capital adequacy concerns
- Scalping and Islamic accounts not supported
- Uncertainty regarding current operational status post-suspension
