IGCOEX

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CheckBroker register › IGCOEX
AC-504874

IGCOEX

⚠ Flagged on the register · High risk

We checked IGCOEX against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed⚑ False or fabricated claims
Named in relation to SFC (Hong Kong)

What we found

IGCOEX claims to be operated by IG GLOBAL LIMITED with an address in Hong Kong. However, no corresponding records can be found in the register of Hong Kong Securities and Futures Commission (SFC). Therefore, there is no indication that IGCOEX is licensed in or from this jurisdiction. It is illegal. BrokersView becomes aware that this platform is using a similar name to the regulated forex broker IG, in an attempt to create the false impression that they are in connection with the licensed one. However, the reality is that IG has nothing to do with IGCOEX at igcoex.com. In essence, IGCOEX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. IGCOEX is unequivocally a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report IGCOEX.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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