ANSWER IGinvest appears to be a scam.The broker lacks transparency, failing to disclose any regulatory information, which is a scam indicator. Typically, to ensure transparency and adhere to the pertinent regulations, legitimate brokers prominently display their accreditation and licenses. While IGinvest alleges to have a UK phone number, there are no indications that it is registered with the Financial Conduct Authority (FCA).In addition, the British Columbia Securities Commission (BCSC) has issued a warning against IGinvest, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.Given these facts, IGinvest poses substantial risk of fraud and identity theft. To protect themselves from potential fraud schemes, investors are strongly advised to steer clear of unlicensed brokers like IGinvest and instead choose fully regulated ones.
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