IFGM Review

  Overall IFGM can be described as a trustworthy broker and has an overall rating of 8 out of 10. IFGM offers a maximum leverage ratio of 1:500 with a minimum deposit amount of $200/R3 200 and is regulated by ASIC.  

🏆10 Best Forex Brokers in South Africa

IFGM at a glance

 

IFGM Review – 17 Key Point Quick Overview Revealed (2026):

1. IFGM Overview
2. IFGM Safety and Security
3. IFGM Pros and cons
4. IFGM Leverage
5. IFGM Accounts
6. IFGM Market instruments
7. IFGM Fees
8. IFGM Deposit and withdrawal
9. IFGM Trading platforms
10. How to open an account with IFGM
11. IFGM Customer support
12. IFGM Education
13. IFGM Research
14. IFGM vs HFTrading vs Hankotrade – A Comparison
15. IFGM Current Popularity Trend
16. Conclusion
17. Disclaimer

 

IFGM Overview

  According to research in South Africa, IFGM is one of Australia’s most experienced MT4 Brokers, offering access to multiple financial markets since 2012. The company’s MT4 accounts offer traders access to a variety of global financial markets including Forex, Indices Commodities and more, all from one account.   IFGM was launched in 2012 in Australia and is authorised and regulated by the Australian Securities and Investments Commission (ASIC) with Australian Financial Services Licence (AFSL) number 426359.   The company is driven by industry specialists who have worked in the biggest financial institutions worldwide and combines all the best practices under one umbrella. Traders typically choose IFGM for its institutional level trading conditions and the high quality of its services.   As such, the company focuses on executing trades with excellence, applying innovative technologies and capturing new opportunities for its customers to grow. To this end, IFGM is involved in virtually every facet of the financial trading industry.  

IFGM Safety and Security

IFGM is regulated by the Australian Securities and Investment Commission (ASIC) and holds an Australian Financial Services License (AFSL number 426359). Deposits made to IFGM are kept in segregated client bank accounts. IFGM’s partnering bank is one of the largest banks in Australia - National Australia Bank.   A segregated trading account keeps a trader’s funds separate from the broker’s funds. This protects the trader’s capital in case the broker goes bankrupt, or loses large amounts of money due to market crashes.   In short, IFGM is a safe and reputable broker which falls under the strict regulatory guidance of ASIC and has a number of measure in place, including risk management, audits and accounting, in order to guarantee a secure trading environment for its clients.  

IFGM Pros and cons

IFGM Leverage

IFGM offers a relatively high leverage level of 1:500 for Forex instruments, as per the provisions made under ASIC.   Many other regions, such as the EU, made the decision to cap the maximum level of leverage which regional brokers could offer, due to the high risk associated with the application, particularly for those investors seeking to invest a high sum of money. Traders should be fully aware of this risk and well acquainted with the market before trading with leverage as high as that offered by IFGM.  

IFGM Accounts

  IFGM has analysed the broad range of markets to provide its clients with an offer that suits different types of traders. To this end the company offers the Pro Account, Standard Account, and Islamic Account.   Through any of these accounts clients can have access to a wide range of financial markets with a minimum deposit of just $200, and trade with low spreads from 0.0 pips.   Standard Account The Standard Account includes the following specifications: Account base currency options: AUD, USD, EUR, GBP Leverage: 1:100, 1:200, or 1:500 Spread type: variable spread Commission: none Minimum trade size: 0.01 (1 micro lot) Trading platforms: MetaTrader4, Mobile MetaTrader, IFGM WebTrader Minimum deposit: $200 Tradable instruments: forex pairs (28), commodities (3), stock indices (9), and cryptocurrencies (5) Swap charges: yes   Pro Account The Pro Account includes the following specifications: Account base currency options: AUD, USD, EUR, GBP Leverage: 1:100, and 1:200 Spread type: variable spread (institutional grade tight spreads) Commission: yes (commission per side is 0.003% on all FX pairs and commodities) Minimum trade size: 0.01 (1 micro lot) Trading platforms: MetaTrader4, Mobile MetaTrader, IFGM WebTrader Minimum deposit: $1000 Tradable instruments: forex pairs (28), commodities (2), and stock indices (9) Swap charges: yes   Islamic Account The Islamic Account includes the following specifications: Account base currency options: AUD, USD, EUR, GBP Leverage: 1:100, 1:200, or 1:500 Spread type: variable spread Commission: none, but an administration fee is applied to every trade. Minimum trade size: 0.01 (1 micro lot) Trading platforms: MetaTrader4, Mobile MetaTrader, IFGM WebTrader Minimum deposit: $200 Tradable instruments: forex pairs (28), commodities (3), stock indices (9), and cryptocurrencies (5) Swap charges: none  

IFGM Market instruments

  IFGM provides over 40 different instruments with a comprehensive offer of ultra-tight spreads on a range of Forex, Indices, Equity and Commodity markets. Traders with Standard and Islamic accounts have access to 45 instruments (28 forex pairs, 3 commodity CFDs, 9 stock index CFDs, and 5 cryptocurrency CFDs).   Traders with Pro accounts can trade 39 instruments (28 currency pairs, 2 commodity CFDs, and 9 stock index CFDs).  

IFGM Fees

In terms of trading costs, traders on IFGM’s Standard account pay a spread with access to almost all the market instruments. Pro accounts are designed for industry and professional traders, with a commission applied for the traded instrument along with an interbank spread of 0.0 pips.   The Islamic account allows for day trading only, under the requirements of Sharia law, with no swap charges and commissions. Traders should also keep the overnight fee in mind, which is charged in addition to the trading fee for positions held overnight.   IFGM’s EUR/USD overnight fee depends on the position opened, while the purchase of 1 lot is charged at -1.22 and the sale thereof at 0.62. IFGM’s Prestige Client Club offers its VIP customers ultra-low trading costs, negotiable spreads, more advanced education with private courses and a personal dedicated account manager.  

IFGM Deposit and withdrawal

  IFGM clients can fund their trading accounts with any of the following popular methods: MasterCard PayPal Visa Skrill UnionPay Neteller BPay   Clients can also deposit money via bank transfer but the funds will have to clear before it reflects in their trading accounts. This can take 1-3 business days, depending on the bank. Deposits made with Neteller or Skrill will typically be available after 10 minutes.   IFGM does not charge any fees on their side for deposits and withdrawals. Clients are liable for any transaction fees charged by their banks or e-wallets, however.   A minimum deposit of 200 currency units and a minimum withdrawal of 50 currency units apply to bank wires and local bank transfers. All other funding methods have a minimum deposit and withdrawal amount of 5 USD or the equivalent value in any other currency.  

IFGM Trading platforms

  IFGM offers the ever popular MetaTrader4, Mobile MetaTrader4, PAMM/MAM, and its own proprietary WebTrader.   MetaTrader4 The Metatrader4 platform allows users to make various trades, buy and sell Forex, Gold, Silver, Global Equities and Commodities CFDs online.   With MT4, traders are always able to monitor their account balance, receive notifications about their trades, open positions and profit on their trades. As such, the highly popular trading platform includes the following specifications: Over 470 Instruments Including Forex, Global Equity, Indices and Commodities CFDs Low Spreads 1 Single Login Access to all MT4 Platforms Full EA (Expert Advisor) Functionality 1 Click Trading and Built in News Functionality Multiple Chart Types Hedging allowed Technical Analysis Tools with multiple indicators and charting tools   IFGM WebTrader WebTrader gives users free and direct access to their trading account from an internet browser. With broad trading functionality, it is easier to control trades via the internet.   All traders need to do is enter their login and password in the IFGM Secure Client Portal and run WebTrader. After login and successful connection to the trading server, traders will instantly gain access to their account.   WebTrader works across multiple operating systems, including Mac OSX, Linux, Windows and mobile operating systems, and includes the following specifications: Access from any device including mobile Over 470 Instruments Including Forex, Global Equity, Indices and Commodities CFDs Low Spreads 1 Single Login Access through IFGM Secure Client Portal Flexible Charts Hedging allowed Mobile MetaTrader   Mobile MetaTrader4 Mobile MetaTrader4 allows users to access their account on an iPhone or Android native application with the same login and password they use to access their account on PC or Mac. The mobile platform includes the following specifications: 100% Native Application Multiple Chart Types Low Spreads Many Technical Indicators Full Trading History Journal Download via mobile browser  

How to open an account with IFGM

The IFGM review is simple and easy. An online account application typically takes 5 minutes to complete. Potential clients who can be verified electronically and who submit their required ID documents online can have their accounts set up in one business day.   An IFGM demo trading account remains active for 30 days but an extension of this period can be arranged by contacting the support team. Please note that IFGM does not accept applications from residents of China, UK, Europe, USA, Japan, and certain other countries.  

IFGM Customer support

  IFGM’s support team can be reached via email and telephone, 24 hours a day, 5 days a week, but they are not available over weekends.   Live clients also have access to an individual account manager with support provided in multiple languages. Unfortunately the company does not provide an online live chat feature, which many other brokers do.  

IFGM Education

  IFGM provides a comprehensive educational section which is highly useful for newbie traders to become better acquainted with the most important aspects of forex trading. The company’s educational tools include a Knowledge Centre, a Trading Glossary and an eBook.   Knowledge Centre In this section traders can find information about the most important elements of trading Forex / CFDs. Topics include advantages of trading Forex/CFDs, Forex Market Overview, and Forex Terms.   Trading Glossary The Trading Glossary describes the language specific to the trading world, in order to help newbie traders deconstruct the quagmire of Forex jargon.   eBook The IFGM eBook introduces the Forex trading realm to first time traders. This eBook is also suitable for more experienced traders, keeping them on top of all the basics one must be familiar with when trading forex. Learn Forex trading concepts, how the market works and many more topics.  

IFGM Research

IFGM’s research offering is very slim, providing only an Economic Calendar and its TIPS tool, which stands for Thematic Investment Portfolio Service. That said, the TIPS tools is a rather comprehensive research feature.   TIPS TIPS is a single integrated platform which allows traders to execute and gain exposure to the most relevant industries and sectors of the 21st century.   TIPS offers a basket of international Direct Market Access CFDs that are tied to an underlying theme. Through this method, IFGM addresses three decision points that are pertinent to the market at large, namely: A need for instantly accessible and trade-able research A need for greater diversification in stocks, sectors and markets traded A need for simplified trade execution and portfolio management platform  

IFGM vs HFTrading vs Hankotrade – A Comparison

 

IFGM Current Popularity Trend

As According to Google Trends, here is an overview of how frequently the search term – “IFGM ” is entered into Google’s search engine over a given period of time.  

Conclusion

IFGM is a reliable and regulated broker with competitive trading costs and a low minimum deposit of only $200 for standard and Islamic accounts. The minimum deposit for a pro trading account is also reasonably low at $1,000.   The company has a good range of tradable assets, which includes stock indices and even a few cryptocurrencies. However, the pro trading account does not support crude oil and cryptocurrency trading like the standard and Islamic accounts do.   The company also has a decent range of account base currencies. The ease with which accounts can be created and funded makes this broker convenient to work with. Withdrawals can also be arranged with minimal effort via IFGM’s Secure Client Portal.   IFGM is a safe broker that offers segregated client accounts, with a decent customer support offering that however does not match up to that of some other reputable brokers in the industry.  

Disclaimer

IFGM is a registered business name of Intelligent Financial Markets Pty Ltd. IFGM (ACN 155 185 014) is licensed in Australia by the Australian Securities & Investments Commission (ASIC) and holds an Australian Financial Services Licence (AFSL 426359).   Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives of the person.   Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement.   Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset.   IFGM does not accept applications from the residents of China, UK, Europe, the USA, Japan or any particular country or jurisdiction outside of Australia.   The information on the IFGM website does not intend to be used by or distribution to any individuals outside of Australia where such distribution or use would be contrary to local law or regulation, according to research in South Africa.  

Frequently asked questions

How many instruments can I trade with IFGM Trade?

IFGM Trade offers trading in 28 Forex, 9 Indices, 2 Precious metals, and 1 Commodity.  

Which platforms are supported by IFGM Trade?

MetaTrader4 and IFGM Web Trader  

Does IFGM Trade offer leverage?

Yes, IFGM Trade offers maximum leverage of 1: 500  

What spreads can I expect with IFGM Trade?

IFGM Trade offers tight spreads on all range of products starting from 0.0 pip.  

Does IFGM Trade charge commission?

Commission applies only to the Pro account  

Is IFGM Trade regulated?

Yes, IFGM Trade is regulated by the ASIC  

Is ASIC a recommended forex trading broker for experts and beginners?

Yes, ASIC offers a trading environment for both beginner and advanced traders.  

What is the overall rating out of 10 for IFGM Trade?

8/10

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