IGB Markets
We checked IGB Markets against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
IGB Markets claims to be founded by a team of global experts and provides the best trading environment to its clients while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, IGB Markets shows its company address is in Dubai, United Arab Emirates. So we checked with some local financial regulators to see if this company is regulated, including the Central Bank of the United Arab Emirates (CBUAE) and the Dubai Financial Services Authority (DFSA). But there are no matching results to this broker in the above watchdogs' registries. The truth is, IGB Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report IGB Markets.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.