SalmaMarkets Spreads, leverage, minimum deposit Revealed

SalmaMarkets Information

　　SalmaMarkets is a newly established forex broker registered in Saint Vincent and the Grenadines. The tradable instruments with a maximum leverage of 1:1000 include forex, commodities, metals, crypto, and indices. The broker only provides STP accounts. The minimum deposit is 1 USD. SalmaMarkets is still risky due to its unregulated status and high leverage.

Pros and Cons

Is SalmaMarkets Legit?

　　SalmaMarkets is not regulated, making it less safe than regulated brokers.

What Can I Trade on SalmaMarkets?

　　SalmaMarkets offers a wide range of market instruments, including forex, commodities, metals, crypto, and indices.

Account Type

　　SalmaMarkets only provides an account type: STP. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

SalmaMarkets Fees

　　The minimum spread is as low as 0.8 pips on forex markets. The commission is free and the no swap.

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　SalmaMarkets cooperates with the authoritative MT4 trading platform available on PC(Windows), MAC, tablet, and mobile(IOS/Android) to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.

Deposit and Withdrawal

　　The minimum deposit is 1 USD. However, transfer processing times, methods, and associated fees are unknown.

Bonus

　　Rebate bonus up to 50%.