Forex Brokers

IGENIUSFX

1.5 (14 reviews)
🇪🇸 Spain
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1.5
14 reviews
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About IGENIUSFX

IGENIUSFX has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Beyond repair at this point

A
Adrian N.
2 weeks ago

I referred a friend to IGENIUSFX after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Fast deposits|Multi-device support|Reliable uptime

Cons: Limited demo account features

Phone line always busy

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Samantha O.
5 months ago

If you are reading this considering IGENIUSFX - run. I wish I had read more negative reviews through a financial advisor. I thought the positive ones were real. Maybe some are. My experience over for a few weeks now has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Copy trading available|Automated trading options|Great customer service

Cons: Minor UI glitches occasionally|Limited demo account features

Refund request ignored for months

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Oliver F.
5 months ago

I found IGENIUSFX from a review site like this one and the initial impression was positive. But for just over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Great customer service|Risk management tools|Market news feed

Cons: Onboarding videos are outdated

Account restricted after profit

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Shannon C.
6 months ago

I trusted IGENIUSFX with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Low minimum deposit|Fast support response|Regular updates|Easy withdrawals

Cons: Desktop app not available on Linux

Account closure takes 30 days

T
Teresa F.
6 months ago

KYC with IGENIUSFX is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Segregated accounts|Real-time alerts|Regular platform improvements

Cons: Limited social trading features|Withdrawal takes 1-2 business days

Cannot withdraw funds - classic scam

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Rebecca T.
6 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that IGENIUSFX is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Look elsewhere - many better options

H
Heather I.
6 months ago

I opened an account with IGENIUSFX since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Dedicated account manager|Automated trading options

Cons: No integrated tax optimization|Search feature is basic

Same issues as parent brand

V
Vanessa F.
7 months ago

I closed a profitable position at IGENIUSFX and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Multi-device support|Wide product range|Regular platform improvements

Cons: Website design could be more modern

Horrible from beginning to end

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Emily B.
7 months ago

I gave IGENIUSFX a fair chance. After since last summer of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: Social trading features|Fast execution

Cons: Limited social trading features

Did my research - this is suspicious

S
Susan M.
8 months ago

Several red flags with IGENIUSFX: (1) They promise unrealistically high returns, (2) They're not registered with Comisión Nacional del Mercado de Valores, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database