SalmaMarkets

SalmaMarkets | 2024-12-16 18:39

Abstract：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.

SalmaMarketsReview Summary
Founded	2024-01-06
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex/Commodities/Metals/Crypto/Indices
Demo Account	✅
Leverage	Up to 1:1000
Spread	As low as 0.8 pips(on forex)
Trading Platform	MT4(PC(Windows)/MAC/Tablet/Mobile(IOS/Android))
Min Deposit	1USD
Customer Support	Email: support@salmamarkets.com
	Facebook/Instagram/YouTube
	Telegram/WhatsApp
	Online chat

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

Pros	Cons
Leverage up to 1:1000	Unregulated
MT4 available	No 24/7 customer support
Swap free	Complaints about high withdrawal fees
24/5 customer support
Commission free
Demo account available
Various tradable instruments

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.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Crypto	✔
Indices	✔
Stocks	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

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.

Account Type	STP
Minimum Deposit	1 USD
Maximum Deposit	Unlimited
Swap	No/Free
Stop Out	30%
Margin Call	50%
Leverage	Up to 1:1000
Minimum Trade Size	0.01

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.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC(Windows)/MAC/Tablet/Mobile(IOS/Android)	Junior traders

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%.

Forex trading Forex Broker

Related broker

No Regulation

SalmaMarkets

Company name：Salma Markets (SV) LLC.

Score

1.47

Website：https://www.salmamarket.asia

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.47

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