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The WikiFX Score of this broker is reduced because of too many complaints!

IGS

United Kingdom|5-10 years|
Suspicious Regulatory License|MT4 Full License|The server is only located in China.|High potential risk|

http://en.igsfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
IntegrateGlobal-Demo MT4
Server Location China

Contact

info@integratecapitalmarkets.com
http://en.igsfx.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

Broker Information

More

Company Name

INTEGRATE GOLBAL SOLUTIONS

Company Abbreviation

IGS

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2024-06-16
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

IGS · WikiFX Survey
Danger A Visit to IGS in Canada -- No Office Found
Canada

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Pyramid scheme complaint
Expose

    IGS · Company Summary

    General Information & Regulation

    IGS or Integrate Global Solutions is an UK-registered online broker, offering over 80 currency pairs and plenty of other CFDs on assets like oil, precious metals, indices and crypto coins, with a choice between a Standard and a Professional account, leverage as high as 1:400 and the MetaTrader4 platform. However, IGS does not fall under any regulatory agency, so it is unsafe to trade with this broker.

    Market Instruments

    IGS advertises that it is offering over 80 currency pairs and plenty of other CFDs on assets like oil, precious metals, indices and crypto coins.

    Minimum Deposit

    In terms of minimum initial deposit, IGS does not make this part clear. However, given the fact that this broker is unregulated, it is unsafe to open trading accounts on the platform.

    Leverage

    When it comes to trading leverage, the maximum leverage level offered by IGS is up to 400:1, relatively high. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

    Spreads & Commissions

    The trading information on their websites does not match with what they really offer. On IGS website spreads are advertised to start at 1,3 pips, while when we opened a demo account the benchmark EURUSD spread floated as high as 3 pips.

    Trading Platform Available

    To our surprise, What IGS offers is the industry-recognized MT4 trading platform. MT4 Trading platform is well known to most traders. It features a variety of charting tolls and market indicators, as well as the option to run automated trading sessions, using specially designed trading robots, which are also easily customizable.

    User Reviews

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    Comments

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    ...88414
    more than one year
    Terrible platform, its ads do not correspond to the reality of the account. When I was trading on a demo account, I found that the spreads were much higher than what was advertised on the site... but, on the plus side, at least I didn't get cheated on the demo account and lost real money on the real account. .. …
    2022-12-05 16:31
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    0
    0
    吴操
    more than one year
    IGS has been proven to be illegal and many people online have exposed their hideous deeds. Everyone must carefully check the regulation condition of each broker before trading, and don't hand over money to someone unreliable easily.
    2022-11-29 12:20
    Reply
    0
    0
    God37795
    more than one year
    Just another scammer, I would say, if you dare put your money here, it is impossible for you to get that money back. Trust me, go to find some strictly-regulated brokers, such as exness, ic markets, fp markets, and more. I guess they would not disappoint you.
    2022-11-28 18:36
    Reply
    0
    0
    16
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