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IGB Markets

Operating status: SCAM

Website: https://igbmarkets.com/

Broker violations and abnormal records
  • Dec 12, 2022 BrokersView has Reviewed that IGB Markets is an Unregulated Broker

    IGB Markets claims to be founded by a team of global experts and provides the best trading environment to its clients while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.

    Besides, IGB Markets shows its company address is in Dubai, United Arab Emirates. So we checked with some local financial regulators to see if this company is regulated, including the Central Bank of the United Arab Emirates (CBUAE) and the Dubai Financial Services Authority (DFSA). But there are no matching results to this broker in the above watchdogs' registries. The truth is, IGB Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

    IGB Markets claims to be founded by a team of global experts and provides the best trading environment to its clients while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.Besides, IGB Markets shows its company address is in Dubai, United Arab Emirates. So we checked with some local financial regulators to see if this company is regulated, including the Central Bank of the United Arab Emirates (CBUAE) and the Dubai Financial Services Authority (DFSA). But there are no matching results to this broker in the above watchdogs' registries. The truth is, IGB Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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