Launched in 2012 in Australia, IFGM is a regulated trading broker that offers more than 40 trading instruments from different markets, such as forex, indices, equity, and commodities, for online trading through multiple trading platforms. IFGM operates the Straight-Through Processing (STP) execution model, which enables them to offer lightning-fast trade execution speeds, as well as ultra-low spreads starting from just 0.0 pips and leverage of up to 1:500. There are multiple account options with a minimum required deposit of $200.
IFGM Review Introduction
In this IFGM review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including IFGM.
IFGM Platforms & Tools
IFGM traders are able to trade with a choice of two trading platforms, namely: the MetaTrader 4 platform and the proprietary IFGM trading platforms. The MetaTrader 4 trading platform has carved a niche for itself as a leading trading platform due to its user-friendly interface and a myriad of built-in trading tools and features, such as one-click trading, multiple chart types, and support for automated trading through Expert Advisors. The MT4 trading platform is available as a desktop application for Windows and Mac computers and a WebTrader that requires no downloads but runs directly on modern web browsers, including Google Chrome, Safari, Firefox, and Edge. It also has a mobile version that is designed for smartphone devices running on Android and iOS.
The IFGM trading platform is a web-based platform that is developed in-house by the broker to give you free and direct access to your trading account from most modern web browsers without the need to download and install any additional software.
There is also the PAMM/ MAM Accounts, which are designed for money managers who wish to trade multiple accounts from one master account. The broker also provides traders with some trading tools, such as the Economic Calendar, which shows the timetable for economic data releases.
IFGM Research & Education
HQBroker traders get access to a selection of educational resources, including Trading Glossary, eBooks, FAQ, and much more.
IFGM Trading Accounts
The broker offers a variety of different trading account options to meet the individual trading needs of clients. These include the Standard ($200), PRO ($1,000), and Swap-free Islamic Accounts. Demo accounts are also available for practice purposes.
IFGM Account Funding
The broker accepts the following payment methods for account deposits and withdrawals:
- Credit/Debit Cards —such as Visa, MasterCard
- Payment Processors— including Neteller, Skrill, UnionPay, PayPal, eBay.
The time it takes for transactions to be processed depends on the payment method used.
IFGM Customer Service
IFGM offers a customer support team, which is available via telephone, email, Live Chat, and the ’Get in Touch’ form on the broker’s website.
IFGM is a registered business name of Intelligent Financial Markets Pty Limited. IFGM (ACN 155 185 014) is licensed in Australia by the Australian Securities & Investment Commission (ASIC) and holds an Australian Financial Service License (AFSL 426359).
IFGM Review Summary
IFGM is an online trading broker that is regulated by ASIC, offering multiple tradable assets for trading online via multiple trading platforms. Clients get access to a range of trading tools, educational resources, and a customer support team. There are multiple account options with a minimum required deposit of $200.
It is worth mentioning that some of the trading products and services in this IFGM review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the IFGM broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.