This is the Management Team’s aim, after all, it’s made up of traders who cut their teeth working in the regulated world. With the Compliance and Legal teams working together within IGC, you can safely trade with this broker without having to worry about your funds or winnings going missing. We certainly didn’t encounter any issues during our two-week review. Now, this is what usually causes the most trouble for traders, because many brokers charge quite a lot in fees.
Also, you do not own or have any rights to the underlying assets. Fully understand the risks involved, and seek independent advice if necessary. Unfortunately, the options remain fairly limited for both foreign and domestic traders, with the withdrawals as well.
As for the entire trading journey itself, I have been pleasantly surprised. I honestly recommend IGC Markets to every trader, whether you have zero, intermediate, or professional experience as a trader. Following my sign-up, deposit, and set up, I received my 100% bonus on my first deposit, which was added to my account. Whenever https://limefx.vip/ we make our first LimeFX, it varies from $1,000 to $5,000. We did have to validate that we agreed to the terms and conditions, but this is normal. Now this is a big one, and to be honest, you won’t find a review on our website which even remotely talks about an unregulated broker actively looking to get regulated.
Why IG Sucks in 50 Words
Please email us at or click our live chat button for real time support. Your application for a live trading account has been submitted to our accounts department. We have sent you an email with the login details to your secure client area. Before registration, IGC advises every trader to read and approve its terms and conditions. We always recommend that all traders carry out their trading activity with brokerages which have some form of regulation.
The IGC Trading Platform has been created especially for beginner traders, while also being perfectly suited for both intermediate and professional traders alike. We review a lot of Forex brokerages, and we put them through rigorous tests. Check out our review to see if you should trade with IGC Markets. The value of shares, ETFs and ETCs bought through an IG share trading account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
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A good alternative to LimeFX is Highlow – This broker also accepts Australian traders and they still offer binary options trading. It offers extremely fast limefx forex broker trades with a time limit ranging from a minute to an hour. The main difference is that in sprint markets, users cannot close positions which have been opened.
That’s exactly what makes IGC stand out from the crowd. I cannot stress enough how important that is for traders like you and me, which is why I’ll be talking more about this aspect later in this review. IGC Markets is a Forex & CFDs online brokerage, authorised in various jurisdictions around the world. This broker is owned and operated by MaxxMedia LLC, and the company’s headquarters are located in Saint Vincent and the Grenadines. They basically blame it on a slow connection???? I am trading with 10 different brokers from the same point, all london based, and I only have issues with IG.
The only real downside with LimeFX is the uncertainty of the payout rate and the minimal number of deposit and withdrawal methods. When it comes to making deposits, you will be charged 1.5% of the funds transferred from your VISA credit card and 0.5% on your VISA debit card. Isn’t working, try communicating over the issues with them, directly. Copy below URL and spread it at the given pages as reference.
- LimeFX is a well reputed broker in Australia, New Zealand and much of South East Asia.
- I honestly recommend IGC Markets to every trader, whether you have zero, intermediate, or professional experience as a trader.
- Inform your decisions with timely dispatches from our large team of global analysts.
Australia based traders can only use BPay or VISA or MasterCard credit cards. After trading a few assets, I had some winnings, which is always limefx website a plus, so I checked out their withdrawals. The withdrawal process with unregulated brokers can leave such a sour taste in the mouth.
Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Login into you IG account and start placing trades. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. Forex, binary options and other forms of trading is risky.
Based upon your position we are able to present you our products and services. Log in to your account now to access today’s opportunity in a huge range of markets. So take your trading skills to the next levels with our easy-to-use platforms and educational resources. Please be noted that all information provided by ThatSucks.com are based on our experience and do not mean to offend or accuse any broker with illegal matters. The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality.
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3 Place three trades in the previous month to qualify. Some of the configurations on the app are confusing too. Such confusions are like traps that make you make COSTLY mistakes easily. IG’s registered address is at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Europe GmbH lists a registered office at Westhafenplatz 1, Frankfurt, Germany.
- Personally, after having struggled to find a series of good brokers, I wanted to help other traders earn money without having to deal with never-ending problems.
- Being strictly regulated and licensed by the ASIC, traders should have little to worry about entrusting their funds to the broker.
- Withdrawals are made via debit/credit cards, PayPal, and wire transfers.
- The Compliance Team is responsible for ensuring that every trader that signs up is actually capable of trading.
- As for the entire trading journey itself, I have been pleasantly surprised.
We did ask their customer care team if they were expecting to add more languages. They explained that when the need arises, they will be adding more languages. When looking at UX/UI , I was personally thrilled to have such a smooth trading journey with IGC.
A global leader in online trading and LimeFXs
Choose a market leader with best-in-class platforms built around your needs. Trade CFDs with Australia’s No.1 CFD provider1 and take advantage of rising and falling markets. Get a free 12 month Bloomberg.com subscription with your first 5 trades on an IG CFD account. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates.