IFGM Review 2023

/ 5
IFGM is #115 in our CFD broker rankings.

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


Demo Account

MetaTrader 4

Islamic Account
Forex, CFDs, indices, commodities, cryptocurrencies
Neteller, Skrill, Visa, American Express

Forex Trading

Trade on over two dozen FX pairs.

Stocks Trading

Trade on nine of the world's largest stock indices.

CFD Trading

Trade online CFDs in several markets.

Crypto Trading

Trade on the top five cryptocurrency pairs.

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.

Payment Methods

IFGM Details

Minimum Trade 0.01 lots
Regulated By ASIC
Islamic Account Yes
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Yes
Social Trading No
Guaranteed Stop Loss No
  • Gold
  • Silver

CFD Trading Details

FTSE Spread Variable
GBPUSD Spread Variable
Oil Spread Variable
Stocks Spread N/A
Leverage 1:500

Forex Trading Details

GBPUSD Spread Variable
EURUSD Spread Variable
EURGBP Spread Variable
Assets 28

Cryptocurrency Trading Details

Crypto Spread Floating
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP

Compare IFGM

Compare IFGM with similar brokers that accept traders from your location. Among available brokers these are the most similar to IFGM:

  1. OANDA – OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus
    Go to OANDA
  2. 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 tight spreads on a cutting edge platform.
    Go to Forex.com
  3. Webull – Webull offers a popular online stock trading app with low fees and generous bonuses.
    Go to Webull

IFGM Comparison Table

Compare IFGM With Similar Brokers
IFGM OANDA Forex.com Webull
Rating 2.5 4.5 4.5 4.4
Markets Forex, CFDs, indices, commodities, cryptocurrencies Forex Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs
Demo Account Yes Yes Yes Yes
Minimum Deposit $200 $0 $100 $0
Minimum Trade 0.01 lots $0 $1 $5
Bonus $5,000 welcome bonus with a deposit of $500 No Six free stocks
Education No Yes Yes Yes
Platforms MT4 MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:500 1:30 EU, 1:200 Global 1:200
Payment Methods 4 12 8 3
Visit Visit Visit Visit
Review IFGM

Compare Trading Instruments

Compare the markets and instruments offered by IFGM and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare IFGM Trading Instruments
IFGM OANDA Forex.com Webull
CFD Yes No Yes No
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes No
Oil No No Yes No
Gold Yes Yes Yes No
Copper No Yes No No
Silver Yes Yes Yes No
Corn No Yes No No
Crypto Yes Yes Yes Yes
Futures No No Yes No
Options No No Yes Yes
ETFs No No No Yes
Bonds No Yes No No
Warrants No No No No
Spreadbetting No No No No
Volatility Index No No No No

IFGM vs Other Brokers

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



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.