ICG 24: company reviews in 2022
ICG 24 Company Analysis
ICG 24 invites traders of any level of experience and financial status to cooperate, offering transparent conditions. There are no reviews from real clients, which complicates understanding the reliability of this company. For many years, ICG 24 has been operating as an international broker, claiming to already be working with over 100,000 clients. However, the lack of feedback raises questions about the actual number of users and their experience.
We also obtained information through the Whois service, which showed that the website only started its activities in 2022. Currently, the company actively promotes its services, which may be reflected in the presence of offer advertisements on the internet and approaches from strangers offering registration with ICG 24.
One of the negative aspects is the absence of correct contact information. A fake phone number and temporary email were provided, indicating short-term plans by the creators. Additionally, although ICG 24 discloses the names of senior executives, verification revealed that the data about the CEO is fake.
Legitimacy and Reliability
The company claims to comply with international standards and be officially registered in the UK. However, the facts indicate that the certificate of incorporation was obtained only in early 2022, casting doubts on the company’s operational history. Furthermore, the absence of a broker license poses additional risks for clients.
The FCA warned of the possible fraudulent entity ICG 24, noting violations in service provision.
Traders from Russia should be cautious as the company lacks approval from the Central Bank and is not listed in the registry of licensed financial institutions. Similar results were found in the check in Kazakhstan.
Offers for Traders
ICG 24 promises a wide range of assets for trading, diverse conditions, and professional support. However, many important details, such as spread sizes, leverage levels, and others, are not disclosed, which may raise concerns.
The company offers various account types with an initial deposit starting from $100 and bonuses ranging from 10% to 100%. Some accounts provide access to educational materials, daily market reviews, and other additional features.
For passive income, ICG 24 offers PAMM; however, no evidence of the company’s solvency has been found.
Traders’ Reviews and Stories
As users have not shared their working experience with ICG 24 yet, caution should be exercised considering the indications and behavior of the pseudo-broker.
If you have real experience cooperating with ICG 24, share it on our platform to help other traders avoid financial risks.
Fraud Strategy
After registration, the company offers investors the services of a personal account manager, promising profitable deals. In reality, the trades may start turning negative, leading to financial losses for the investor. After accumulating funds in the account, scammers begin manipulating prices and increasing losses for investors.
Conclusion
Collaborating with the ICG 24 company carries serious risks and the likelihood of financial losses. We urge caution and a thoughtful approach in choosing a broker to avoid fraud and protect your financial interests.