Login IGOFX Broker
IGOFX is a broker, offering online trading in Forex and CFDs. The company is owned and operated by IGO Global Limited, registered in Vanuatu by Vanuatu Financial Services Commission (VFSC). Vanuatu is an offshore zone popular among forex brokers because of the variety of tax benefits, although most of the brokers registered there are not actually regulated or licensed by any authority.
Igofx Ponzi Collapses, $4.4 Billion In Losses & Admins Flee To Malaysia. It Was Pretty Obvious From The Onset That Igofx Was Just Another Malaysian Forex Ponzi Scam. Passive Monthly Rois Of 10% To 30% Were Touted, From Persons Unknown Presumed To Be Operating Out Of Malaysia.
When A Broker Is Unregulated, This Means That There Is No Regulatory Organization Or Group Of Persons Monitoring Them, In Other Words, They Can Take Your Money And Disappear. This Is The Reason Why You See Lists Of Online Brokers Described As Scams Or Frauds.