IG Global Limited
IG Global Limited is not a regulated or licensed broker for traders even though it states offers that look good to be true.
IG Global Limited claims its headquarters is established in London, and its subsidiaries are under the supervision of the US Financial Crimes Enforcement Bureau (FinCEN) MSB, and are also registered in the US National Futures Association (NFA) and accepts its strict audit and supervision.
But first, we did not find any match results to this broker in NFA or FinCEN. Second, a UK-based firm, offering, promoting, or selling financial services or products in the UK has to be authorized or registered by the UK Financial Conduct Authority (FCA). But when we searched in FCA, we only found a warning against this broker for being a clone firm. You can check the full warning from here.
The truth is, IG Global Limited is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like IG Global Limited and trade with licensed brokers.
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