IG GLOBAL LIMITED is an online forex broker with an undisclosed registration address and registration date. IG GLOBAL LIMITED focuses on providing investors with trading services for financial assets such as forex, metals, energy, and indices. Due to specific policy restrictions, IG GLOBAL LIMITED does not offer its services to countries like North Korea, Israel, China, Vanuatu, and Cuba. Notably, the official website of IG GLOBAL LIMITED (https://igcotd.online/en/index) has a design identical to that of Golden Path (https://goldenpty.com/en/index).
Company Background and Regulatory Information of IG GLOBAL LIMITED:
The company registration details of IG GLOBAL LIMITED are unclear, and the related background information cannot be found on public web pages. As of now, the official website has been registered since February 11, 2024, less than a month ago from February 22, 2024. Although IG GLOBAL LIMITED claims to be regulated by Canada's MSB on its official website, it has not actually received approval from any regulatory body. This suggests that the broker might be engaging in false advertising. Given the lack of regulatory oversight, customers are advised to exercise caution when trading on the platform to avoid potential risks.
Account Types of IG GLOBAL LIMITED:
IG GLOBAL LIMITED offers two types of accounts, including real accounts and demo accounts. Registering a real account requires only an email address and a password, which is simple and fast, allowing users to immediately start trading. The demo account provides users with a virtual trading experience, requiring no real information or funds, aiming to help users practice trading strategies and familiarize themselves with the platform features. These two types of accounts meet the needs of different users, enabling them to choose the trading method that suits them.
Trading Products of IG GLOBAL LIMITED:
IG GLOBAL LIMITED offers investors six types of asset categories for trading Contracts for Difference (CFDs), including forex, stocks, spot indices, futures, spot precious metals, and spot energies. However, IG GLOBAL LIMITED's product information is not very transparent, with key details such as spreads, leverage ratios, and minimum deposits lacking clear disclosure. This may affect investors' comprehensive understanding and decision-making process. When considering trading on this platform, investors need to be cautious about potential information opacity to ensure their trading decisions are based on a full understanding and consideration.
IG GLOBAL LIMITED's Trading Platforms:
IG GLOBAL LIMITED offers investors two in-house developed trading platforms, namely Windows ST5 and Mobile ST5. These platforms cover Windows, iOS, and Android systems, offering investors a variety of choices. It is worth noting that when using these proprietary trading platforms, investors may face uncertainties regarding security. Therefore, they need to carefully assess and take the necessary security measures to ensure the safety of their trading operations and funds. When selecting a trading platform, investors should consider both functionality and security to ensure their trading experience takes place in a trustworthy environment.
Deposit and Withdrawal Methods of IG GLOBAL LIMITED:
Regarding deposit and withdrawal methods, IG GLOBAL LIMITED offers multiple options including bank wire, debit/credit cards, and online payments. However, given the other aspects of opacity within the company, investors are advised to exercise extra caution when using these payment methods to ensure the safety of their funds.
Website Design of IG GLOBAL LIMITED:
The content and design of the IG GLOBAL LIMITED website are very similar to another company named Golden Path, suggesting the use of the same website template for construction. Investors should remain vigilant about this.
Customer Support of IG GLOBAL LIMITED:
IG GLOBAL LIMITED offers only one contact method, which is email. Clients can get in touch with IG GLOBAL LIMITED by sending emails to info@igcotd.site to address any problems or needs they may have.
Summary:
IG GLOBAL LIMITED has unclear registration details, its website bears similarities to other companies. It claims to be regulated without any institutional recognition, indicating a lack of regulation. Account types are convenient but may carry risks due to low entry barriers. It offers many trading products, but there is a lack of transparency in key information. The in-house developed trading platforms provide a variety of choices, but there may be uncertainties in security. There are multiple deposit and withdrawal methods, but due diligence is necessary due to opacity. IG GLOBAL LIMITED poses several potential risks, and investors should be highly cautious when considering using this platform, carefully assessing potential financial and security risks. Currently, IG GLOBAL LIMITED is listed as "Suspected Fraud" on Traderknows.
