Thinking of getting into business with IGFB? Here is what you must know about this broker. Carefully read this review to find out if is the trading platform you will want to trade with.

About IGFB Broker

IGFB is an offshore brokerage company with a lot of promises for traders. The broker is a brand of Seabreeze Partners Ltd with an address showing:

Do You Know You Could Get Back Your Money If You Have Been Scammed?   Great News! Click HERE to Get Started

IGFB Address

There are different account types IGFB offers. See below.

IGFB Account Types

In spite the trading instruments IGFB claims to offer, traders must know they are dealing with an unknown broker which does not have a regulation over its head. To clarify, IGFB is a scam as CONSOB has listed this broker amongst others for illegal financial services. Reasons to Avoid This Broker

Firstly, is a platform with no financial authority overseeing its financial services. The regulation claim is not legit as already the broker has been labeled a scam by the Italian financial regulator CONSOB for fraudulent practice.

Secondly, we noticed has no demo account for traders. Since traders can’t test IGFB on a free account, we can’t know its viability in the forex market.

More so, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.

These are cons for forex traders to avoid losing money with this scam broker.

Withdrawal and Deposit

Withdrawal process

Under the withdrawal policy, IGFB presents no specific information for forex traders. Truly, you should not consider thinking about that because there could be some hidden charges on any withdrawal.

As for an inactive account of 6 months, the broker charges 10% each month.

Minimum Deposit

IGFB minimum deposit is pegged $250 according to the account type.

As for the payment methods, we can make payment via Credit/ Debit card and Bank Wire Transfer. But, you should not consider making any payment with this broker because it is a risk. So beware!

IGFB Platform

IGFB offers web based trading platform and not MT4 or MT5 (Industry standard trading platforms) which gives us more reason not to take this broker serious.

As for the leverage, it is not specified for traders. Nevertheless, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

IGFB Licensing and Regulation

It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. Its unlicensed and unregulated activities are truly a red flag and must be avoided.

Instead, Trade with TOP RATED BROKERS


Free Trial




Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage


Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage


Licensed in Australia(ASIC) and Cyprus(Cysec)

Accepts Traders Worldwide

Minimum Trade Deposit $100

Maximum Leverage

WordPress Pricing Table Plugin

Conclusion: Is a Reliable Broker?

No, does not seem like a reliable broker for traders even though it promises offers that look good to be true.

Most importantly, the broker is unregulated which means it is not authorized to operate in any regulated country and you should definitely not put any money into it.

Because we have taken it as a duty to review scam forex brokers and also share reasons, we will not recommend this broker for trading.

Kindly share your comment about this broker in the comment section.

By Dan

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!