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IFGM review

IFGM review: regulation (Australian Financial Services License (AFSL nr 426359)), minimum deposit 100, leverage up to 1:500, platforms and current bonuses.

Open account
Minimum deposit100
Max. leverage1:500
Spread from0.0 pips
Founded2019

Trading conditions

Broker type
STP/ECN
Minimum deposit
100
Maximum leverage
1:500
Minimum spread
0.0 pips
Platforms
MetaTrader 4, Mobile MetaTrader 4, IFGM WebTrader
Account currencies
AUD, USD, EUR, GBP

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Jcb, Visa, Mastercard, American Express, UnionPay, Fasapay, Qubepay, Perfect Money, Skrill, Neteller, Bitcoin, Tether, Wire Transfer, Local bank transfer
Withdrawal methods
Jcb, Visa, Mastercard, American Express, UnionPay, Fasapay, Qubepay, Perfect Money, Skrill, Neteller, Bitcoin, Tether, Wire Transfer, Local bank transfer

Company

Regulation
Australian Financial Services License (AFSL nr 426359)
Founded
2019
Country
Australia
Address
Suite 65.03, Level 65,19-29 Martin Place,Sydney NSW 2000Australia
Website languages
English, Chinese, Thai
Phone
+612 9190 7577
Email or Skype
[email protected]

IFGM pros and cons

Pros

  • Regulated by Australian Financial Services License (AFSL nr 426359)
  • Low minimum deposit: 100
  • Raw spreads from 0.0 pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

IFGM FAQ

Is IFGM a safe and regulated broker?

IFGM was founded in 2019 and is regulated by Australian Financial Services License (AFSL nr 426359). Your protection depends on which IFGM entity opens your account.

What is the minimum deposit at IFGM?

The minimum deposit at IFGM is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at IFGM?

IFGM offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does IFGM offer a no deposit bonus?

No. IFGM does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does IFGM offer?

IFGM supports MetaTrader 4, Mobile MetaTrader 4, IFGM WebTrader. Mobile trading is available.

Does IFGM allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does IFGM offer an Islamic (swap-free) account?

Yes. IFGM offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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IFGM – NoOpen account