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HouseFX-Overview of Minimum Deposit, Spreads & Leverage

IGM Holdings Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-04-20 19:47

Abstract:IGM Holdings is a Switzerland-based broker that advertises trading in Forex, Stocks, Commodities, Indices, and Cryptocurrencies.

  General Information

  IGM Holdings is a Switzerland-based broker that advertises trading in Forex, Stocks, Commodities, Indices, and Cryptocurrencies.

  Market Instruments

  With IGM Holdings, traders can get access to a series of CFD products, including foreign currency pairs, cryptocurrency, Commodities, Indices, Stocks and Shares.

  Account Types

  Five types of accounts are available on the IGM Holdings platform: Basic, Silver, Gold, Platinum, and VIP, ranging in size from €250 to €250,000, with a range of bonus percentages and trading conditions.

  Leverage

  The account page of IGM Holdings claims leverage of 1:25, compared to 1:500 listed on the homepage, which is quite a difference. Leveraged trading involves significant risks, especially for those who are inexperienced. Profits can be greater, but losses may also be greater, often far exceeding the invested funds.

  Trading Platforms Available

  In terms of trading platforms available, this broker advertises the MetaTrader 5 (MT5) trading platform as a Desktop, Web, and Mobile (Android and iOS) application.

  Deposit & Withdrawal

  There are numerous logos on the broker's website illustrating various payment methods, including credit/debit cards, wire transfers, e-wallets, and prepaid cards. Clients, however, can only pay by credit cards and bank transfers. Popular payment methods, like PayPal, and e-wallet services, like PayPal, Skrill, and Neteller, are not accepted. It offers a high minimum deposit amount of $250 compared to others. The minimum withdrawal amount is not stated anywhere.

  Customer Support

  IGM Holdings hype that it offers 24/7 customer support, and they can be contacted through email: support@igmholdings.com. Company Address: Richtistrasse 7, Wallisellen Business Park, 8304 Zurich, Switzerland.

Related broker

No Regulation
IGM Holdings
Company name:IGM Holdings
Score
1.46
Website:https://www.igmholdings.com/index.html
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.46

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