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IGOFX

Moderate riskForex / CFD broker
🇻🇺 Vanuatu · 5-10 years · since 2017-10-23 · IGOFX
VFSC
Visit site ↗
—/5
★★★★★ ★★★★★
4 reviews ›
1
Licenses ›
4
Withdrawal issues ›
$1
Min. deposit ›
1: 1000
Max leverage ›
3
Account types ›
44/100
Scam risk ›
0
Clone sites ›
Accounts: Mini account · $ 1 USDStandard Account · $ 300 USDPremium account · $ 20,000 USD
▲ 0% positive▼ 75% negative
Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot—/5
Forex Peace Army—/5
🛡️ Been scammed or can’t withdraw from IGOFX? Our free assistant writes up your case and shows exactly what to do next →
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No sign that IGOFX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
44
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Vanuatu (offshore, light oversight)
  • 3 user exposure/complaint reports filed
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints6012%
Offshore registration808%
Transparency (site/info/social)4710%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameIGOFX
Headquarters🇻🇺 Vanuatu
Founded2017-10-23
Years operating5-10 years
Employees0
Official websiteigofx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments30 pairsmetal

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
VFSCForex Trading License (EP)UnreleasedVanuatu—

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Mini account1: 1000$ 1 USD----✓
Standard Account1: 500$ 300 USD----✓
Premium account1: 500$ 20,000 USD----✓

Review analysis AI

Across 4 recent Trustpilot reviews, 75% are 1–2 star. The single most common complaint is being unable to withdraw funds (4 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong3
Philippines1

Real user reviews

Where IGOFX operates

Based on its licenses and complaint records.

🇻🇺 Vanuatu Licensed
🇭🇰 Hong Kong 3 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About IGOFX

IGOFX is a forex and CFD broker based in Vanuatu, with records dating to 2017-10-23. It reports oversight from VFSC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full IGOFX review