Score
IGS
United Kingdom|5-10 years| http://en.igsfx.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
ChinaContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
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Broker Information
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INTEGRATE GOLBAL SOLUTIONS
IGS
United Kingdom
Pyramid scheme complaint
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- 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
Canada| Benchmark | -- |
|---|---|
| Maximum Leverage | 400:1 |
| Minimum Deposit | $0 |
| Minimum Spread | From 1.3 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 400:1 |
| Minimum Deposit | $0 |
| Minimum Spread | from 0.0 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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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.
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