Suspected of fraudInternational Global Traders (IGT)
1Year
Basic Information
Country
AmericaMarket Type
foreign exchangeEnterprise Type
BrokerageService
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.Support Languages
Chinese, EnglishDomain Registration Date
2024-09-18Business Status
Suspected of fraudCompany IntroductionWeb Analytics
Company Introduction
International Global Traders (IGT) is an online brokerage firm that describes itself on its website as a "leading global forex and contracts for difference (CFD) trading platform," offering investors trading services in a diverse range of financial products, including forex, commodities, indices, precious metals, and cryptocurrencies. Its website emphasizes selling points such as "secure fund custody," "transparent trading environment," and "leverage up to 1:500," attempting to project an image of an international and trusted financial services institution through professional packaging.
However, external regulatory information and user complaint records reveal a significant discrepancy between IGT's actual operations and the image advertised on its official website. According to multiple third-party regulatory databases (including WikiFX and Wikibit), IGT is not regulated by any major financial regulators (such as the FCA, ASIC, and CySEC). Furthermore, its website domain was recently registered and its servers are hosted anonymously. Scamadviser has classified it as a "low-credibility website," noting its "lack of transparency and potential fraudulent practices." Furthermore, the UK Companies House registers that the company associated with the brand, International Global Trading (IGT) Ltd, was forcibly deregistered in February 2024, meaning its business entity no longer has legal existence. This fact directly negates its status as a "legitimately licensed broker."
Therefore, IGT's corporate positioning is more like a high-risk trading platform packaged with false advertising and financial jargon than a truly regulated financial institution. Its claims of a global financial network and compliance system lack any real basis.
🌐Global layout and brand background
IGT's website claims it is headquartered in London, UK, with branches in multiple countries serving global investors. However, this claim is not supported by any company registration number, regulatory filings, or office addresses. Further investigation revealed that its UK-registered entity has been deregistered, and no trace of its so-called "international branches" has been found.
At the brand level, IGT uses professional web design and marketing language (e.g., "a globally trusted brand" and "years of stable operation") to create a false impression of legal compliance. However, its website primarily uses templated content that closely resembles that of several exposed fraudulent platforms. Numerous user complaints have surfaced on Trustpilot and WikiFX, alleging withdrawal denials, fake accounts, and unreliable customer service. The anonymous registration and recent establishment of its domain name (less than two years old) further suggest that IGT is not a long-term operation but rather a short-term, speculative website.
In summary, the so-called "international brand background" is nothing more than a disguise, and there is actually no stable corporate structure or regulatory basis.
💹Trading products and services
IGT claims to offer trading in a variety of financial assets, including forex, stocks, indices, cryptocurrencies, and commodity CFDs. However, the platform has never disclosed its liquidity providers (LPs) or trade matching mechanism, nor has it disclosed any fees, spread ranges, or slippage control standards. This lack of information means that trade execution may be entirely controlled by internal systems, and investors may face price fluctuations and profit and loss results that are not in line with real market conditions.
Some users have complained externally that they were able to generate virtual profits during their initial trading, but when attempting to withdraw funds, they were required to pay additional "unlocking fees," "account verification fees," or "profit taxes." These fees are often significantly higher than the principal, and even after payment, withdrawals are still not possible, suggesting that the platform may be using a fake trading backend and fictitious profit and loss mechanisms to induce users to continue investing.
This business model is highly similar to the traditional foreign exchange Ponzi scheme, which maintains the "illusion of profit" through fake trading interfaces and back-end manipulation, and then squeezes investors' funds by restricting withdrawals.
💻Trading technology and platform experience
IGT claims to support the MetaTrader 4 (MT4) platform, but its website does not provide any real server information or official download links, and it does not appear on MetaQuotes' list of officially authorized brokers. Actual users report that their trading terminals display "demo server" or "connection error" after logging in, preventing them from accessing real market quotes. This behavior suggests that the platform's so-called "MT4 support" may be a fake interface, designed to deceive investors into believing they are in a legitimate trading environment.
Furthermore, IGT's website suffers from a poorly structured website, with frequent page redirects and incomplete translations. Its English templates are incompletely translated. Its SSL security certificate is incompletely configured, and its access speed is unstable, demonstrating its extremely low level of technical maintenance. These issues are rarely seen with reputable brokers.
🛡️Regulatory compliance and fund security
IGT has no regulatory filings and is not listed in the UK Financial Conduct Authority (FCA) database. The regulator has also not issued it an operating license or fund custody certificate. The platform does not disclose information about its custodian bank, audit reports, or third-party segregated fund accounts, meaning all investor funds likely flow directly into the company's private accounts.
If a platform shuts down, freezes accounts, or absconds with funds, investors will be unable to seek redress or recover their funds through any regulatory channels. WikiFX's risk assessment is "High Risk (1.3/10)" and clearly states that it is "unregulated and potentially fraudulent."
In summary, IGT’s fund security system is completely unreliable and is a typical “unregulated high-leverage trap platform.”
⚡Trading conditions and experience
IGT claims to offer leverage of up to 1:500 and tight spreads, but this ratio far exceeds regulatory limits for retail clients (the FCA and ASIC only allow a maximum of 1:30). While high leverage may attract investors, it also amplifies risk, and IGT's trading system does not disclose any risk control mechanisms.
Furthermore, the platform does not specify margin requirements, fee structures, or position rules, nor does it explain whether it supports negative balance protection. This means that investors could not only lose their principal in extreme market conditions but also face the risk of additional liabilities.
In terms of real experience, most users reported that their "profit display was abnormal", "account was locked", and "forced liquidation without notification". These phenomena all show that the trading system is manually controlled by the platform.
🎓Customer support and value-added services
IGT's official website claims to offer "24-hour global customer service" and "professional investment advisor support." However, actual testing reveals that the customer service email address remains unanswered, the online chat function is inaccessible, and most contact methods use free domain names (such as Gmail and Outlook). Some investors who encountered issues and tried to contact the platform found that the customer service social media accounts had been deleted or blocked.
Furthermore, the so-called "educational resources" and "investment guides" are hollow and formatted in a format identical to those found on numerous fraudulent platform websites, failing to provide users with practical investment knowledge. These fictitious educational modules serve solely as marketing inducements, intended to bolster investor confidence.
⚠️Risk Warning and Platform Positioning
While IGT's website appears professional, its operational logic is highly similar to that of previously exposed forex scams, including a lack of oversight, falsified trading data, withdrawal difficulties, and disconnected customer service. These platforms typically lure investors into depositing funds, then exploit the platform by manipulating the backend, freezing accounts, and demanding additional fees, ultimately shutting down the website or relaunching it under a new name.
Investors should be highly vigilant about such "high leverage, low risk, high returns" promises and should not provide any personal information or bank information to avoid the risk of financial loss and identity theft.
🔍Comprehensive analysis and evaluation
Overall, International Global Traders (IGT) is an unregulated, high-risk, and suspicious platform (risk rating: D-).
The main issues include:
No financial regulatory or compliance filings;
The UK registered entity has been deregistered;
Falsifying trading platform and backend data;
There are difficulties in withdrawing funds and loss of contact with customer service;
The number of complaints is high and the reputation is extremely poor.
IGT is more of a money trap disguised as an "international broker" than a genuine financial institution. Investors should avoid opening accounts or depositing funds on this platform and, if necessary, report suspected fraud to the relevant regulatory authorities.
Selected Enterprise Evaluation
2.00
Total 3 commentsInternational Global Traders (IGT) presents itself as a global forex and CFD broker, but all available evidence points to a completely unregulated and high-risk operation. The company’s UK registration has been officially dissolved, and it holds no valid license from the FCA, ASIC, or any other recognized authority. Numerous reports describe withdrawal refusals, frozen accounts, and misleading claims about fund security. IGT’s slick branding hides a lack of legal structure or transparency — strong signs of a potential scam.
Reply
Behind its professional-looking website, IGT lacks every hallmark of a legitimate brokerage: no regulatory supervision, no client fund segregation, and no verified liquidity providers. Users consistently report being charged fake “unlock fees” or “tax payments” when attempting to withdraw funds — classic tactics of fraudulent investment schemes. This broker should be regarded as unsafe and untrustworthy, and investors are strongly advised to avoid any interaction or deposits with IGT.
Reply
I was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.
Reply
~ There's nothing more ~
About International Global Traders (IGT)'s questions
Ask:Is IGT regulated by any financial regulator?
Answer:IGT is not regulated by any mainstream financial regulators (such as the UK's FCA, Australia's ASIC, and Cyprus' CySEC), and has not published a valid financial license number or regulatory documents. According to public information, its former UK-registered company, International Global Trading (IGT) Ltd, was officially deregistered by Companies House in February 2024, meaning its legal entity no longer exists. This lack of oversight means that investors' funds are not protected by regulators. If the platform shuts down or denies withdrawals, there will be no legal means to recover the funds.
Ask:Why do some users report difficulty withdrawing funds from IGT?
Answer:Multiple investors have reported that IGT denies or delays withdrawals, citing reasons such as "unverified account," "required unlocking fees," and "compliance taxes." These so-called "fees" do not exist on legitimate, regulated platforms and are a typical fraudulent collection method. Some users, even after making payments, are unable to recover their principal and earnings, and some have even experienced account locks or lost contact with customer service. These withdrawal barriers suggest that the platform may be manipulating account funds to prolong investment cycles, induce additional deposits, or ultimately abscond with funds.
Ask:Are IGT’s claims of “high leverage, high returns” real and credible?
Answer:IGT's website claims to offer leverage of up to 1:500 and "stable high returns." These promises seriously violate financial common sense. Regulated brokers typically cap retail client leverage at 1:30 (as mandated by the UK FCA and Australia's ASIC). IGT's high leverage not only amplifies trading risk but is also often used to fabricate false profit figures to lure investors into continued deposits. The platform's so-called "stable returns" are not backed by any third-party audits or transaction records and are likely fabricated profits. Such high-yield inducements are typical of Ponzi schemes and should be considered a serious risk.