ANSWER If you are considering choosing IGM LIMITED as your broker, we strongly advise against using it.The platform claims to be licensed by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Federal Financial Supervisory Authority (BaFin). However, our research suggests that it is not regulated by any of them. What's more, to underscore the substantial risks it poses, the FCA has issued a warning against IGM LIMITED to alert the public to stay away from this unauthorized platform.Given these circumstances, IGM LIMITED is far from a safe choice. To protect themselves from potential fraud and identity theft, it is highly recommended to choose fully regulated brokers instead.
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