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IGFB organizers claim on their website that their company is in demand and innovative in the field of financial trading. However, there are many reviews casting doubt on these claims. In this review, we will consider whether it is worth trusting IGFB and whether it is truly the best in its industry.

Distinctive features of the IGFB company

When studying information about IGFB, it becomes clear that the broker is well-known in both EU countries and Russia. The igfb.one website is not the company’s first domain, its predecessor was igfb.world. Why does the company change domains, damaging its rating and image?

The answer seems prosaic: by changing domains, scammers avoid being blocked. Fraudulent sites are easy to recognize by the lack of specific information, excessive self-promotion, and sloppy legal documents.

IGFB is no different: the site is a simple platform with limited content and stock images. We did not find information about the company’s origin, location, or legal structure. The presented documents are a poor translation devoid of meaning.

In IGFB, it is not clear where the company was founded, the Terms of Use do not specify jurisdiction, which is considered a key point. The Contacts section lists an address in Dominica, but after checking in the trade registry, we discovered that a company with this name never existed here.

We are talking about a broker that is not registered anywhere and is a marginal creation of fraudsters. But even with such an obvious scam, IGFB was able to lure large sums of money from novice traders.

Who is associated with IGFB activities?

Scammers are not proud of fake licenses, as many do. Instead, IGFB remained silent about licensing, as if it were an insignificant aspect. However, having permission from government authorities allows brokers to provide services. Acting without a license, a broker quickly ends up on a “blacklist,” and its site is blocked. This is what happened to IGFB first in Europe, and then in Russia.

The fraudsters received warnings from the British regulator FCA, then from the Italian CONSOB, and finally, in February 2022, from the Central Bank.

However, blocking the site does not mean the criminals’ activities stop, they can register a new domain and continue to deceive users. We always recommend verifying information from official sources and only collaborating with licensed brokers.

Types of trading accounts and conditions at IGFB

“Standard”. The initial deposit amount is $5000, with 50% of the amount returned as a bonus, trading signals available (in limited quantities), and the option for trade insurance,
“Premium”. By replenishing the account with $25,000, the client receives a bonus of up to 70%, can set up an advanced trading strategy, and increase the insurance limit,
“PRO”. With an investment of $50,000 or more, the client receives all the listed bonuses, as well as no commissions and access to VIP webinars.

IGFBTrader, a specialized platform for trading operations in IGFB, has been created. However, we did not find information about its download or reviews of its use. Most likely, such software does not exist, and scammers are using some ready-made terminal.

User reviews on trading with IGFB

Many people contacted by IGFB have fallen victim to fraud and shared their stories. We will list some of the published reviews, but there are many more that can be found online.

There are also numerous international sites warning about IGFB fraud.

Conclusion: Should You Open an Account with IGFB?

After analyzing information and reviews, we confidently state that it is better not to deal with IGFB. The company has already received warnings and blocks from regulators like FCA (UK), CONSOB (Italy), and the Central Bank (Russia). However, criminals continue to operate, changing domains and deceiving people for large sums. Do not fall for their tricks and do not open accounts in this marginal establishment, lost money is unlikely to be recovered.