Score

1.25 /10
Danger

IPO Markets

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index4.97

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

IPO Markets · Company summary

Note: Regrettably, the official website of IPO Markets, namely https://ipo-markets.com/, is currently experiencing functionality issues.

IPO Markets Review Summary
Founded Within 1 year
Registered Country/Region United Kingdom
Regulation Unregulated
Market Instruments N/A
Demo Account N/A
Leverage 1:100
EUR/ USD Spread 0.4 pips
Trading Platforms N/A
Minimum Deposit $250
Customer Support Phone and email

What is IPO Markets?

IPO Markets offers a leverage of 1:100 and a minimum deposit requirement of $250 to allow traders with different budgets to access their trading platform. They also provide competitive spreads of 0.4 pips.

However, it is important to note that IPO Markets is not regulated, and there are concerns about the reliability of their trading platform as their official website is not working.

broken links

If you are interested, we welcome you to read the forthcoming article where we will conduct a thorough evaluation of the broker from different perspectives. We will present you with concise and well-structured information. Upon reaching the conclusion of the article, we will provide a brief summary that offers a comprehensive overview of the broker's main attributes.

Pros & Cons

Pros Cons
  • Acceptable minimum deposit
  • No reliable trading software
  • Unreliable broker
  • Unregulated
  • The lack of functionality in their official website

Pros of IPO Markets:

- Acceptable minimum deposit requirement, making it accessible for investors with limited capital.

Cons of IPO Markets:

- No reliable trading software available, which hinders the trading experience and execution of trades.

- Considered an unreliable broker, potentially leading to issues with transparency, customer support, and overall credibility.

- Unregulated, meaning there is no oversight or monitoring by a regulatory authority to protect investors' interests.

- The official website lacks functionality, raising concerns about the broker's reliability and professionalism.

Is IPO Markets Safe or Scam?

IPO Markets operates without regulation, and the lack of functionality in their official website raises doubts about the reliability of their trading platform. These factors increase the level of risk involved in investing with IPO Markets. If you are considering investing with them, it is essential to conduct comprehensive research and carefully assess the potential risks and rewards before making any final decisions. It is generally recommended to choose brokers that are regulated to ensure the security of your funds.

No license

Leverage

The leverage offered by IPO Markets is 1:100. Leverage allows traders to amplify their trading capital and potentially increase their profits. With a leverage ratio of 1:100, traders can control a position size that is 100 times larger than their actual investment. For example, with a $1,000 investment, traders can trade with $100,000. This enables traders to potentially generate higher returns on their investments.

However, it is crucial to understand that high leverage also comes with high risks. While leverage magnifies potential profits, it also amplifies potential losses. If a trade moves against the trader, losses can accumulate quickly and potentially exceed the initial investment. Therefore, it is essential for traders to approach leverage with caution and carefully assess their risk tolerance and trading strategy.

Minimum Deposit & Spreads

IPO Markets offers a minimum deposit of $250 for traders to start their trading journey. This minimum deposit requirement allows traders with different budget sizes to access the platform and begin trading.

Additionally, IPO Markets offers competitive spreads of 0.4 pips. Spreads refer to the difference between the buying (ask) and selling (bid) price of a financial instrument. In the case of IPO Markets, the spread is kept narrow at 0.4 pips, which benefits traders by reducing their transaction costs. Tight spreads allow traders to enter and exit trades with minimal impact on their overall profitability.

Deposits & Withdrawals

Deposit time Withdrawal time Price
Bank wire 2-5 business days Within 30 minutes Free
Credit card Instant
Crypto 24 hours

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +44 2030973959

Email: support@ipo-markets.com

Conclusion

In conclusion, IPO Markets is not a good choice for traders. It is not regulated and the website is curently unavailable, which raises concerns about the reliability and security of their services. Therefore, it is advisable to exercise caution and conduct thorough research before deciding to invest with IPO Markets.

Frequently Asked Questions (FAQs)

Q 1: Is IPO Markets regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at IPO Markets?
A 2: You can contact via telephone: +44 2030973959 and email: support@ipo-markets.com.
Q 3: What is the minimum deposit for IPO Markets?
A 3: The minimum initial deposit to open an account is $250.
Q 4: Is IPO Markets a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of website out of work.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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