Forex broker review

IGM FX Review 2026

igmfx.com

Overview and safety

84/100

What is IGM FX?

IGM FX is the trading name/site of IGM Forex Ltd. CySEC currently lists IGM Forex Ltd under CIF licence 309/16 and identifies www.igmfx.com as its approved domain. The broker advertises 160+ CFDs through its Webtrader and serves the EEA subject to local product rules.

What are the Pros of IGM FX?

Strongest verified points: CySEC 309/16, approved-domain match, 1:30 retail leverage across four published tiers, execution-only service and clear Limassol entity/address disclosure.

What are the Cons of IGM FX?

IGM is CFD-focused, and its public account table is clearer on leverage than on minimum deposits or all-in spreads/commissions. It excludes USA, Canada and UK; Belgian leveraged OTC restrictions apply despite EEA authorisation.

What are the IGM FX Current Promos?

No current 2026 deposit bonus, rebate or coupon with complete official terms was identified on the pages checked.

What are the IGM FX Highlights?

IGM Forex Ltd; CySEC 309/16; approved domain igmfx.com; 160+ CFDs; Classic/Silver/Gold/VIP tiers; up to 1:30 retail leverage; Webtrader/mobile; execution-only service.

Is IGM FX Legit and Trustworthy?

CySEC independently lists the legal entity, licence 309/16, company registration 346738, contact details and approved domain, materially reducing identity ambiguity.

Is IGM FX Regulated and who are the Regulators?

Yes. The complete current brokerage entity set verified for IGM FX consists of IGM Forex Ltd, a Cyprus Investment Firm authorised by the Cyprus Securities and Exchange Commission (CySEC) under licence 309/16. CySEC identifies igmfx.com as the approved domain for the licensed firm. No second current IGM FX brokerage legal entity was identified in the authoritative register or the current official disclosures reviewed on 17 September 2026.

Legal entityRegulatorLicenceCurrent status and protections
IGM Forex LtdCyprus Securities and Exchange Commission (CySEC)309/16Authorised Cyprus Investment Firm; eligible covered clients can fall under the Cyprus Investor Compensation Fund; company documents provide negative-balance protection and segregated client accounts

The protection framework belongs to IGM Forex Ltd. IGM's Investor Compensation Fund document confirms membership for eligible covered clients, while its client-protection documentation describes negative-balance protection and segregation of client money. Those safeguards should not be attributed to an unrelated website or company merely because it references the IGM name or licence number.

Belgium is a separate availability and product-fit question. The FSMA register confirms that IGM Forex Ltd notified cross-border investment services into Belgium from 15 October 2020. That EEA passport is not a separate Belgian licence and does not override Belgium's product-intervention rules. The current IGM FX proposition is primarily leveraged OTC CFDs, including forex and cryptocurrency CFDs. Belgium prohibits electronic distribution to consumers of leveraged OTC CFDs and rolling-spot forex. Broker Fit therefore preserves the genuine CySEC/FSMA relationship but keeps the relevant Belgian products restricted, sets account opening to false and suppresses the Belgian Open Account CTA.

Verified regulators and legal entities
RegulatorLegal entityLicence / statusOversight rating
CySECCyprus Securities and Exchange CommissionIGM Forex LtdCurrent IGM FX legal entity; CySEC-approved domain is igmfx.comLicence 309/1689/100Strong oversight

Did IGM FX win any Awards?

No current named 2026 broker award with a verifiable issuer/year was found on the current official pages checked.

What type of Forex Broker is IGM FX?

IGM explicitly describes its service as execution-only and says it does not issue advice/recommendations. That does not itself prove a pure ECN/STP model.

How do I get in Contact with IGM FX?

IGM publishes +357 25 252371; CySEC records compliance@igmfx.com and 1 Agias Zonis, No. 504, Block B, 5th Floor, Nikolaou Pentadromos Center Building, 3026 Limassol.

Where are the Headquarters from IGM FX based?

Regulated entity/headquarters: IGM Forex Ltd, 1 Agias Zonis, No. 504, Block B, 5th Floor, Nikolaou Pentadromos Center Building, 3026 Limassol, Cyprus.

What kind of Customer Support is offered by IGM FX?

The site publishes +357 25 252371 and an email support route; exact 24/7 support hours were not published in captured material.

Which Educational and Learning Materials are offered by IGM FX?

Market announcements/product information are available, but a broad structured academy/webinar curriculum was not verified.

Does IGM FX hedge Positions?

Execution-only is verified; pure ECN/STP/no-dealing-desk or universal external hedging was not.

Accounts and eligibility

68/100

Can anyone join IGM FX?

IGM states it serves the EEA and excludes USA, Canada, UK and jurisdictions outside the EEA. Belgium remains subject to local OTC derivative restrictions.

Who should sign up with IGM FX?

Most relevant to eligible EEA retail traders who want a CySEC-regulated CFD account and a proprietary web/mobile interface.

Who should NOT sign up with IGM FX?

Not for US, Canadian or UK residents under current restrictions, and not an appropriate Belgian signup route for electronically distributed leveraged OTC CFDs/rolling-spot forex.

Does IGM FX offer Discounts, Coupons, or Promo Codes?

No current IGM FX loyalty discount, volume rebate or commission-reduction programme with published 2026 thresholds was verified. The four account tiers differ in service treatment, but the public material checked does not support quoting a cash rebate or permanent discount that applies to every client.

Which Account Types are offered by IGM FX?

AccountRetail leveragePublished service detail
ClassicUp to 1:30Base retail tier
SilverUp to 1:30Base retail tier
GoldUp to 1:30Full account overview monthly
VIPUp to 1:30Full account overview weekly

How to Open a IGM FX LIVE Account?

Opening a IGM Fx LIVE Account involves a series of steps that are designed to ensure the security and legality of the process. Here is a detailed guide:. Access the Platform: Open your favorite browser and log in to IGM FX Webtrader. This platform allows you to trade CFDs on more than 160 assets. Create an Account: Click on the “Open Account” page. This will initiate the account creation process. Enter Personal Data: Fill in the required personal data. This typically includes your name, email, and phone number. Verify Personal Data: Verify your personal data by uploading the necessary documentation. This usually includes proof of residence and identification. Complete the Quiz: Complete an electronic quiz confirming your trading experience. This is a regulatory requirement to ensure that you understand the risks associated with trading. Fund Your Account: Once your account is set up, you can deposit funds into it. This can be done through various methods such as debit card or bank transfer. Start Trading: With your account funded, you can now start trading. The IGM FX Webtrader platform offers features like intuitive web interface, 3-click transactions, stop loss and take profit tools, new limit orders, and cross-platform trading from any device. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

How to Open a IGM FX DEMO account?

Opening a demo account with IGM FX, or any other forex trading platform, involves a series of steps that are designed to familiarize you with the platform and its various features. Here’s a step-by-step guide on how to do it:. Step 1: Visit the Website The first step is to visit the website of the forex trading platform. This is where you’ll find all the information you need about the platform and its offerings. Step 2: Fill the Registration Form Once on the website, look for the registration form. This is usually prominently displayed and easy to find. Fill in the required details, which typically include your name, email address, and phone number. Step 3: Verify Your Profile After filling out the registration form, you’ll need to verify your profile. This usually involves clicking on a verification link sent to your email. Step 4: Customize the Demo Account Once your profile is verified, you can customize your demo account. This might involve choosing the type of currency you want to trade, the amount of virtual funds you want to start with, and other settings. Step 5: Log into the Demo Account After customizing your demo account, you can log in and start exploring the platform. You’ll be given immediate access to a version of the online platform, along with a pre-set balance of virtual funds to practice with. A demo account is a great way to get a feel for forex trading without risking any real money. It allows you to practice trading risk-free, test strategies, and grow in confidence. Remember, the main difference between a demo account and a live trading account is that you won’t be at risk of losing any money with a demo account. Please note that while much of the functionality of the live platform features in the demo, there are key differences to be aware of. For example, trades made through the demo account will not be subject to slippage, interest and dividend adjustments, or out of hours price movements. I hope this guide helps you in opening a demo account with IGM FX or any other forex trading platform. Happy trading! ?.

How Are You Protected as a Client at IGM FX?

CySEC investment-firm safeguards apply to the relevant client relationship. The site also describes SSL/firewall/data-centre controls; compensation eligibility follows applicable scheme rules.

Deposits, withdrawals and fees

64/100

Which Deposit and Withdrawal options are available at IGM FX?

A complete current public deposit/withdrawal fee-and-processing matrix was not exposed in the captured pages, so no unsupported payment fee or payout-time promise is added.

Which Funding methods or Deposit Options are available at IGM FX?

IGM Fx, a well-regulated forex broker, offers a variety of funding methods to cater to the diverse needs of its clients. These deposit options are designed to provide convenience and flexibility for traders, ensuring a seamless trading experience. . Funding Methods:

Credit/Debit Cards: Traders can easily fund their accounts using their credit or debit cards. This is one of the most common and convenient methods of depositing funds. Wire Transfers: For those who prefer traditional banking methods, wire transfers are also accepted. This method is secure and can handle large amounts of funds. Skrill: As a popular e-wallet service, Skrill is another funding method offered by IGM Fx. It provides a quick and easy way to deposit funds. Neteller: Similar to Skrill, Neteller is another e-wallet service that traders can use to fund their accounts. It’s known for its speed and security. Sofort: Sofort is a real-time online banking payment service that allows traders to deposit funds directly from their bank accounts. Klarna: Klarna, a leading global payments provider, is also available as a deposit option. It offers a smooth and secure payment process. Neosurf: Neosurf is a prepaid card that can be used to deposit funds. It’s a good option for those who prefer to keep their banking details private. . It’s important to note that IGM Fx allows charge-free deposit and withdrawal. However, fees may apply when withdrawing money to bank cards or using wire transfer. The minimum deposit at IGM Fx is specific and stands at $301.96. These diverse funding methods ensure that traders can choose the option that best suits their needs, providing them with the flexibility to manage their trading capital efficiently. .

What is the Minimum Deposit Amount at IGM FX?

A current universal IGM FX minimum deposit was not stated on the official home/account content captured on September 1, 2026.

Which Withdrawal methods are available at IGM FX?

IGM FX, a brokerage house operating for CFD traders based in the European Economic Area (EEA), offers a wide range of withdrawal methods. These methods include:. Credit/Debit Card: Customers can withdraw funds to their Visa or Mastercard. However, it’s important to note that a fee of 3.5% is charged when withdrawing money to bank cards. Bank Wire Transfer: This is another method available for customers. But, a fee of 30 conventional units of the main withdrawal currency is charged for wire transfers. E-Wallets: IGM FX also supports withdrawal to e-wallets like Skrill and Neteller. Withdrawal of funds to these e-wallets is charged with 3.5% / 2% fees, respectively. It’s worth noting that IGM FX allows charge-free deposit and withdrawal. However, customers might get charged as the inactivity fees or might when there are withdrawals less than 50 EUR. Please note that the information provided is based on the latest available data and may be subject to change. It’s always recommended to check the official IGM FX website or contact their customer service for the most accurate and up-to-date information.

Which Fees are charged by IGM FX?

IGM publishes Product Specifications and Swap Fees sections, but no single universal EUR/USD spread/commission value applies across every client/account.

Trading conditions and platforms

70/100

What can I trade with IGM FX?

IGM FX offers a wide range of trading options for its users. Here are the key details:. Forex Trading: IGM FX offers more than 45 currency pairs for Forex CFDs. This provides a broad spectrum of options for traders interested in the foreign exchange market. Cryptocurrency Trading: IGM FX manages 33 assets in the cryptocurrency market. This gives traders the opportunity to engage with a diverse set of digital currencies. Commodity Trading: Traders can engage with CFDs on metals, energies, and soft commodities. This allows for a wide range of trading options in the commodities market. Indices Trading: IGM FX offers CFDs on global equity indices. This provides traders with the opportunity to speculate on the movements of these major indices. Stock Trading: Around 75 different stock options are available for trading. This gives traders a wide variety of companies and industries to invest in. CFD Trading: IGM FX offers over 160 CFDs on popular assets. This allows traders to speculate on the rise and fall of these assets without owning the underlying asset. Please note that trading with IGM FX involves risks. As with all forms of trading, it’s important to understand the risks involved and to trade responsibly.

Which Trading Platforms are offered by IGM FX?

IGM highlights proprietary Webtrader/mobile with charts, multiple order types, stop-loss/take-profit, multiple timeframes and news.

Which Trading Instruments are offered by IGM FX?

The site advertises 160+ CFDs across forex, cryptocurrencies, indices, stocks and commodities.

Which Trading Servers are offered by IGM FX?

IGM FX offers a variety of trading platforms to cater to the diverse needs of traders. These platforms are designed to provide a seamless trading experience and are equipped with advanced features to aid in decision-making. WebTrader: IGM FX’s WebTrader is a user-friendly platform that allows traders to trade CFDs on more than 160 assets. The platform is designed for comfort and ease of use, eliminating the need for time-consuming installations. Traders can simply open their favorite browser and log in to IGM FX WebTrader to start trading. The platform offers several features such as an intuitive web interface, access to 160+ available assets, 3-click transactions, stop loss and take profit tools, new limit orders, and cross-platform trading from any device. MetaTrader 4: In addition to WebTrader, IGM FX also offers MetaTrader 4 (MT4), a popular trading platform known for its advanced features. MT4 provides 30+ indicators and is EA compatible, offering advanced charting, free trading analysis tools, multiple execution and order types, as well as customizable push notifications and alerts. Traders can access all 160+ available markets with no limitations via this platform. IGM FX is committed to providing high-quality services and constantly strives to meet the trading goals of its clients. The company offers 24/7 all-inclusive support, a wide range of tradable assets based on FX, stocks, indices, commodities, and cryptocurrencies, plenty of educational resources, and technical analysis tools. Please note that trading involves risk and past performance does not guarantee future results. It’s important to understand how CFDs work and whether you can afford to take the high risk of losing your money.

Can I trade Crypto with IGM FX? Which crypto currencies are supported by IGM FX?

Can I trade Crypto with IGM Fx? Yes, you can trade crypto with IGM Fx, a Cyprus-based forex broker that offers CFDs on various assets, including cryptocurrencies. IGM Fx is regulated by the Cyprus Securities and Exchange Commission (CySEC) and has a clean record with the regulator. It also provides negative balance protection and segregates client deposits from corporate funds. IGM Fx supports six main asset classes: forex, stocks, indices, energies, commodities, and cryptocurrencies. You can trade over 160 different CFD instruments with the broker, including 30 different cryptocurrencies. Some of the crypto market’s trading features are:

Traders can trade Bitcoin cryptos from any location and on any device that has an internet connection. For Bitcoin cryptocurrency traders, the broker does not charge any hidden fees or commissions. It assists consumers who want to trade Bitcoins in the most efficient manner possible, making their trading experience both convenient and interesting. In a nutshell, the broker’s fee has no bearing on your profit. Traders can use CFDs to trade and make more money than they expected The cryptocurrencies available for trading with IGM Fx The IGM Fx cryptocurrencies available are BCHUSD, BTCUSD, ETHUSD, LTCUSD, and XRPUSD. All the instruments are denominated in US dollars, the lot contract size is 1, the minimum trade size as low as 0.01, and the maximum trade size up to 10,000. BCHUSD is a CFD on Bitcoin Cash (BCH), a fork of Bitcoin that aims to offer faster transactions and lower fees. BTCUSD is a CFD on Bitcoin (BTC), the first and most popular cryptocurrency that uses a decentralized ledger technology called blockchain. ETHUSD is a CFD on Ethereum (ETH), a platform that enables smart contracts and decentralized applications (DApps). LTCUSD is a CFD on Litecoin (LTC), one of the oldest and most widely used cryptocurrencies that offers fast confirmation times and low fees. XRPUSD is a CFD on Ripple (XRP), a payment network that facilitates cross-border transactions using its native currency XRP. . Conclusion If you are looking for a forex broker that offers crypto trading among other assets, you might want to consider IGM Fx. The broker has been in business since 2016 and has a competitive advantage in the cryptocurrency market. It also provides various trading platforms for different preferences and needs. However, before you start trading with any broker, make sure you do your own research and understand the risks involved in CFD trading. .

What is the Leverage on my IGM FX Trading Account?

Current retail account table publishes leverage up to 1:30 for Classic, Silver, Gold and VIP. Professional conditions are separate.

What kind of Spreads are offered by IGM FX?

No universal minimum EUR/USD spread is asserted; current product specifications and account terms control.

Does IGM FX offer MAM Accounts or PAMM Accounts?

No current IGM FX MAM or PAMM managed-account programme with public allocation mechanics, manager fees and eligibility terms was verified on the official material reviewed on September 1, 2026. The broker is therefore presented as a self-directed CFD venue rather than a managed-account provider.

Does IGM FX allow Expert Advisors?

The current platform material focuses on Webtrader rather than a MetaTrader EA ecosystem; broker-supported EA automation was not verified.

Does IGM FX offer Copytrading?

No current IGM FX proprietary copy-trading marketplace with leader statistics, follower allocation rules and public fee terms was verified on the official site checked. The current proposition centres on its Webtrader/mobile CFD service rather than a documented social-copy network.

Sources

Last reviewed September 17, 2026. Product availability, leverage, pricing and client protection can differ by country and legal entity.

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