IGI Markets Review : Fees, Pros and Cons, Reviews by Real Traders

IGI Markets

Operating status: SCAM

Website: https://www.igimarkets.com/

Broker violations and abnormal records

Jul 14, 2022 The Swiss FINMA Added IGI Markets into Its Warning List
On 15 Jul 2022, The Swiss Financial Market Supervisory Authority (FINMA) issued a warning against IGI Markets for not being entered in the commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/igi-markets/

On 15 Jul 2022, The Swiss Financial Market Supervisory Authority (FINMA) issued a warning against IGI Markets for not being entered in the commercial register. You may visit: https://www.finma.ch/en/finma-public/warning-list/igi-markets/
Aug 11, 2022 BrokersView has Reviewed that IGI Markets is an Unregulated Forex Broker
IGI Markets claims to be a trustworthy firm while presenting no details about its regulations. Lacking regulatory information is a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.
Besides, IGI Markets shows its company address is in Switzerland. However, when we searched in the Swiss Financial Market Supervisory Authority (FINMA), we only found this broker had been blacklisted by FINMA for not being entered in the commercial register. That means IGI Markets is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

IGI Markets claims to be a trustworthy firm while presenting no details about its regulations. Lacking regulatory information is a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, IGI Markets shows its company address is in Switzerland. However, when we searched in the Swiss Financial Market Supervisory Authority (FINMA), we only found this broker had been blacklisted by FINMA for not being entered in the commercial register. That means IGI Markets is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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