IFGM Review 2021

Stop United States not accepted.

Go to the Brokers List for alternatives

IFGM Facts & Figures

IFGM is a leading Australian FX broker offering powerful trading tools.

InstrumentsForex, CFDs, indices, commodities, cryptocurrencies
Demo AccountYes
Min. Deposit$200
Payment MethodsNeteller, Skrill, Visa
Min. Trade0.01 lots
Regulated ByASIC
MetaTrader 4Yes
MetaTrader 5No
STP Account
ECN AccountNo
DMA AccountNo
Mobile AppsYes
Auto TradingYes
Social TradingNo
Copy TradingNo
Trade SignalsNo
Islamic AccountYes
Trade online CFDs in several markets.
FTSE SpreadVariable
GBPUSD SpreadVariable
Oil SpreadVariable
Stocks SpreadN/A

Trade on over two dozen FX pairs.

GBPUSD SpreadVariable
EURUSD SpreadVariable
EURGBP SpreadVariable

Trade on the top five cryptocurrency pairs.

Risk Warning – Your capital is at risk

Intelligent Financial Global Markets (IFGM) is a leading Australian FX broker offering competitive trading tools and the MetaTrader 4 (MT4) platform. This review covers deposits, bonuses, customer support, and more. Find out if IFGM is a safe and trustworthy broker.

IFGM Company Overview

Operating since 2012, IFGM is based in Australia. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and holds an Australian Financial Services License.

With its simple account offering, reasonable minimum deposit, and range of trading tools, IFGM attracts traders of all experience levels.

Trading Platforms

MetaTrader 4

The MetaTrader 4 (MT4) platform is a top choice among traders, offering an advanced and reliable interface. Users can trade forex, indices, and commodity CFDs with a host of features:

The MT4 trading platform is compatible with Windows PCs and can be downloaded from the broker’s website.


IFGM’s WebTrader gives users direct access to their trading account from any internet browser, meaning no software installation.

The WebTrader system offers broad trading functionality with flexible charting tools, hedging, and many more features.

WebTrader can be accessed directly after logging in to the IFGM secure client portal and is compatible with multiple operating systems, including Mac, Linux, and Windows.

IFGM WebTrader platform
IFGM WebTrader platform


IFGM offers over 40 tradeable instruments across several markets:

Spreads & Commission

Spreads are variable and start from zero pips. A commission of $3.59 as well as swaps are charged on the Pro account whilst the Islamic account is commission-free and swap-free. Commission is charged only on stocks with the Standard account. Overall, trading fees are around the industry norm.


With the Pro account, there is a choice of leverage at 1:100 or 1:200, and in the Standard and Islamic accounts, you can choose between 1:100, 1:200, or 1:500. These rates are high and can help traders capitalise on opportunities with minimal cash outlay.

Mobile App

IFGM offers mobile MT4 for users who wish to trade anywhere, anytime. With the same login and password as the desktop app, traders benefit from many of the same features within the native app, including multiple chart types, technical indicators and full trading history. The app can be downloaded onto iOS and Android smart devices.

IFGM mobile trading
IFGM mobile trading

IFGM’s WebTrader can also be accessed from any mobile device with an internet browser. Traders simply need to login to the client portal.

Payment Methods


Traders can fund their account in USD, AUD, EUR, or GBP, via several free methods:

The minimum deposit for credit cards and e-payments is $5 (or equivalent) and is $200 for bank wire or local bank transfer.

IFGM covers the fees for all methods, however, traders should check for any intermediary fees.


Withdrawals can be made via the following free methods:

The minimum withdrawal amount for credit cards and e-payments is $5 (or equivalent) and €50 for bank wire transfer.

Demo Account

IFGM offers a demo account for those who wish to practice trading strategies at no risk. Users receive 50,000 of their chosen currency in virtual funds and will have access to the demo account for 30 days.

If you’re unsure whether to open a real-money trading account, the simulator is a great way to test the broker’s services first.

Deals & Bonuses

At the time of writing, IFGM is not offering any bonuses and promotions. Traders should check the broker’s website and social media pages for future deals.

Regulation & Licensing

IFGM is registered under Intelligent Financial Markets Pty Ltd. The company is regulated and licensed by the Australian Securities and Investment Commission (ASIC) and holds an Australian Financial Services License (AFSL no 426359). As per regulatory requirements, IFGM must comply with risk management procedures, staff training, accounting, and audits. IFGM also ensures client funds are held in segregated bank accounts with the National Australia Bank.

With its top-tier regulation and safety of client funds, traders can be confident that IFGM is a safe and trustworthy broker.

Additional Features

IFGM offers several resources and tools for traders looking to learn the basics or expand their knowledge. The IFGM e-book, for example, contains useful FX market insights. The knowledge centre provides information on a range of topics, whilst the Thematic Investment Portfolio Service (TIPS) provides research on direct market access CFDs.

There is also a trading glossary with all the basic technical terms a beginner might need, as well as a useful economic calendar.

Account Types

Traders have a choice of three account types: Standard, Pro, and Islamic. All options support base currencies of AUD, USD, EUR, or GBP and have variable spreads. Leverage is offered at a maximum of 1:500 with the Standard and Islamic accounts, and up to 1:200 with the Pro account.

The minimum deposit with the Standard and Islamic accounts is $200 and with the Pro account, the minimum deposit is $1,000. Note that whilst all instruments are available with the Standard and Islamic accounts, only forex, precious metals, and indices are available with the Pro option.


There are several advantages of trading with IFGM:


Some disadvantages of using IFGM include:

Trading Hours

Trading hours for various markets are as follows:

Customer Support

IFGM’s customer service can be contacted via:

IFGM’s head office is located at Level 25, International Tower 3, 300 Barangaroo Avenue Sydney, NSW 2000, Australia.

Trader Security

The MetaTrader 4 trading platform ensures data exchanges between the client server and the platform are fully protected with Secure Sockets Layer (SSL) encryption. IFGM’s Privacy Policy is also accessible on the website, which details their data collection processes.

IFGM Verdict

IFGM offers competitive FX trading conditions and a range of funding methods. And with a decent selection of trading tools, 24/5 customer support, plus a mobile app, IFGM is a good choice for beginners up to veterans. We’re also comfortable that with ASIC regulatory oversight, the broker is trustworthy and safe to trade with.

Accepted Countries

IFGM only accepts traders from Australia.

Alternatives to IFGM

If you are looking for alternatives to IFGM we have compiled a list of the top 5 brokers that are similar to IFGM below. This list of brokers like IFGM is in order of similarity and only includes companies that accept traders from your location.

  1. EagleFX – EagleFX is a popular trading broker offering forex, stocks, cryptos & commodities.
  2. Rockfort Markets – Rockfort Markets is a New Zealand broker with a competitive range of assets, trading platforms and market conditions.
  3. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  4. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
  5. Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.


What accounts are available at IFGM?

IFGM offers three accounts: Standard, Pro, and Islamic. Account specifications can be found on the broker’s website, but leverage up to 1:500 is available and minimum deposit requirements start at $200.

Is IFGM a trustworthy broker?

IFGM is a trustworthy broker. The company is licensed and regulated by the Australian Securities and Investments Commission (ASIC) with AFSL license number 426359.

How can I deposit into my IFGM trading account?

Deposits can be made via credit cards, e-payments, bank wire transfer, or local bank transfer. All methods are fee-free but traders should check their chosen method for any external fees.

How can I contact customer support?

Traders can contact the 24/5 help desk via an online contact form, email (cs@ifgm.com), telephone 1300 735 125 (Aus.) / +612 9190 7577 (Int.), or live chat.

Does IFGM offer a mobile app?

IFGM offers MetaTrader4 for mobile, which is compatible with iOS and Android devices. Traders can also access the WebTrader system from their mobile browser.

IFGM is a leading Australian FX broker offering powerful trading tools.

IFGM vs Other Brokers

Compare IFGM with any other broker by selecting the other broker below.