IGCTrades Review: Igctrades.com A Perfidious Broker

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  • Fund Safety
  • Regulation and Registration
  • Customer Support and Contact Details
0.5

Summary

IGCTrades does not have a refund policy to reclaim your money if its services do not meet your expectations. The company does not have any evidence of successful withdrawals made by its customers

IGCTrades is an online investment firm that purports to provide Forex, CFD, indices, and other assets for investment services. The company urges you to start trading low spreads with IGCTrades, and they provide up to 2000 financial instruments.

IGC Trades Review, Igctrades.com Company

Nevertheless, you’re probably wondering if the company is legit or a scam? Hence as you read this impartial review on IGCTrades, we highlight the murkiness it exposes. So you will end up questioning your investment decisions with the shady platform.

Accordingly, the company has a terrible website that resembles clone investment firms. Therefore nothing the company promises investors adds up. Additionally, the trading world is not child’s play, and you should pay attention to several factors before investing. Meanwhile, these transparent forex companies apply reliable strategies towards investment. Unlike IGCTrades tried and tested investment approach is recommendable for investment purposes. 

Moreover, any smart trader with experience in the trading world will immediately notice the murkiness it exposes at first glance. The company does not have any reliable strategies to beat the vast competition in the market. IGCTrades does not apply any risk management measures. Additionally, stop loss to take profit manga the steps help lower risk during sudden market shift.

Igctrades.com Review

Igctrades.com uses MetaTrader 5 and is the only positive factor regarding the entity. The company looks forward to providing lightning-fast executions. They claim to feature an Equinix data centre similar to the world’s institution for hosting and ensuring the best performance. IGCTrades gives you access to global market opportunities.

IGCTrades aims to provide investors with state-of-the-art technology for investment. However, the kind of algorithm it uses is unknown. Moreover, as much as the automatic investment is preferable to humans, you should be cautious not to end up relying on the wrong tools. IGCTrades give you access to instruments in 9 timeframes and 30 pre-installed indicators. 

The investment firm does not provide any information regarding the people behind its operation. IGCTrades resembles clone entities, and mostly they hide information to open such companies and attempt to swindle money from innocent traders. Also, there is no certainty that you rely on trade directions from people who understand how the market operates. The company does not provide information to reveal qualifications or any expertise.

The investment firm provides investment services to all sorts of traders. Therefore beginners should expect to find valuable educational materials to assist in grasping more on the market operations. IGCTrades does not feature any video tutorials or webinars to help novice investors. Also, investing without education and proper knowledge of the market is inadvisable.

How Igctrades.com Operates

Igctrades.com allows you to trade on mobile and desktop. Accordingly, the company does not have a reliable style of operation. They function anonymously, and it’s unheard of for such to turn out profiting. Also, they resemble and showcase numerous similarities to fraudulent companies, and expecting some sort of differential treatment is absurd. The company overestimates the returns day attracts, and the figures are not attainable even in well-established entities. Additionally, the news and market analysis come from third parties who are also mysterious and unreliable.

IGCTrades provides market analysis and trade execution via downloadable robots. The robot can detect entry and exit points using advanced chatting tools. They allow you to trade pips from 0.0 pips with liquidity from top-tier providers.  Accordingly, upon investing your money, the results you receive may be shocking. The company is only after your funds.

IGC Trades Review, Igctrades.com Features

IGCTrades will find multiple ways to persuade you into making massive deposits for no logical reason. Hence, you may receive bonuses on the first deposit of up to 100%. Consequently, when you fall for the cash and make a deposit consider any business between you and them. They will result in blocking you from accessing any of the services it offers or even your account. The investment firm does not have any trade history. Additionally, previous trade transactions assist in determining the kind of returns to expect.

Funds Safety

IGCTrades only proves that investing your money in the entity is at your own risk. There is no certainty that your cash is safe due to the ambiguity it exposes. Moreover, the company functions anonymously. The platform not only puts your money at risk, personal information as well may end up in the wrong hands leading to criminal activities. Additionally, the safety of your money should be a top priority to consider in any entity.

IGCTrades does not provide any evidence of swift transactions made by customers. The company does not feature any bank details to ensure the security of funds. Also, the investment firm has a shady reputation across the internet. They do not feature a demo account to test and familiarise themselves with the software before investing real money.

IGCTrades Client Feedback

The platform features testimonies from various investors. They all seem to leave five-star ratings and reviews. However, there is no evidence to back up the same claims. Testimonials are highly welcoming into any entity. Even so, you should be very cautious not to fall for misleading ones.

Scammers often use stock images and names randomly selected from the internet. You may even be shocked to find out that the people whose information is in use have no clue about the company’s existence. IGCTrades has more negative reviews and if you come across any vice-versa, have some doubts.

Deposit and Withdrawals

IGCTrades minimum investment amount is £100. The company does not reveal any funding options that you can use to put money into your account. Additionally, wire transfer and cryptocurrency transactions are irreversible. Therefore you should consider using the Credit/Debit option for chargeback up to 540 days.

IGCTrades does not have a refund policy to reclaim your money if its services do not meet your expectations. The company does not have any evidence of successful withdrawals made by its customers. Moreover, scam investment firms often find ways to hold on to your money for a long. Eventually, you end up giving up on receiving your cashback.

Customer Support

IGCTrades allows you to contact them via telephone contact and email support. However, there is no certainty you will receive any response once they have your money. Accordingly, you should receive instant responses to your queries, and if not fast.

Working support service helps in building trust between you and the entity. Also, the company looks forward to availing a friendly interface which is impossible to attain without reliable customer relations. The company location address does not have any association with the entity, and they claim to be based in the UK.

Regulation Status of IGCTrades

IGCTrades does not appear under the FCA, the main regulator within the UK. Also, they do not provide any regulation documents or fall under any legit watchdogs.

However, these regulated forex trading companies showcase a high level of transparency. You can easily find and verify the regulation document it provides the responsible organs. IGCTrades, just like every other scammer, is likely to face bankruptcy since they cannot afford regulation fees. The company has information regarding the founders because they risk facing criminal prosecutions. It is illegal in most countries to offer investment services without mandatory following regulation procedures.

Final Verdict

IGCTrades brags about several awards that do not exist in the real market. Also, ever told, the services they claim to provide are incredible. The traffic numbers ought to be higher. Furthermore, you should always read reviews and do thorough research before investing in any entity.

Therefore these forex investment companies apply reliable strategies, and you can count on them for a pleasant investment experience. Avoid Igctrades.com at all costs. 

 

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