FXIG Trades Review 2025
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Updated:
Reason to avoid: No license
Listed Date: May 6, 2019
Top 3 Forex Brokers
Beware FXIG Trades is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: No license
Listed Date: May 6, 2019
Beware FXIG Trades is a Non-Regulated broker. It is NOT SAFE to trade.
No, it is not safe to trade with FXIG Trades. FXIG Trades is owned and operated by FXIG Trades Inc. and claims to be located in London, UK. However, FXIG Trades is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is FXIG Trades safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
According to the website, FXIG Trades offers such services as sales and trade, financial planning, business development, marketing analysis, strategic planning, and wealth management. Although, the broker doesn't disclose any information about its regulation and trading conditions (as it provides sales and trade services).
We advise all investors and traders to avoid FXIG Trades and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and XM.
Our research revealed that the FXIG Trades website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.
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