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IM Markets Information Revealed

IM Markets | 2024-12-27 18:21

Abstract:IM Markets was registered in 2023 in Saint Vincent and the Grenadines, but it is suspected fake clone now. It claims to offer 700+ trading instruments, including forex, commodities, cryptocurrencies and indices. The company uses web and mobile apps as its trading platforms, and there are two types of accounts available, including Standard and ECN.

IM Markets Review Summary
Founded2023
Registered Country/RegionSaint Vincent and the Grenadines
RegulationASIC (Suspicious Clone)
Market Instruments700+, forex, commodities, cryptocurrencies and indices
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.1 pips
Trading PlatformWeb & Mobile App
Min Deposit$15
Customer Support24/5 live chat
Tel: 2304634500
Instagram: https://www.instagram.com/im.markets/
YouTube: https://www.youtube.com/channel/UCu_IpjO0NDXsR-V5phtxqjw
Email: support@IM Markets.com
Address: Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines
Regional RestrictionsAfghanistan, Belarus, Botswana, Burundi, Congo, Cuba, Egypt, Guinea, Guinea-Bissau, Iran, Iraq, Japan, Lebanon, Liberia, Libyan Arab Jamahiriya, Mali, Nicaragua, Nigeria, North Korea, Pakistan, Singapore, Somalia, Somali Republic, South Africa, Spain, Sudan, Syrian Arab Republic, Togo, United States of America, Venezuela, Yemen, Zimbabwe

IM Markets was registered in 2023 in Saint Vincent and the Grenadines, but it is suspected fake clone now. It claims to offer 700+ trading instruments, including forex, commodities, cryptocurrencies and indices. The company uses web and mobile apps as its trading platforms, and there are two types of accounts available, including Standard and ECN.

IM Markets' homepage

Pros and Cons

Pros Cons
Various trading productsSuspicious clone ASIC license
Low minimum depositRegional restrictions
24/5 live chat supportNo MT4/5

Is IM Markets Legit?

No, IM Markets currently has no valid regulations. Traders should carefully consider the risks it brings when choosing to trade with it.

Regulatory Status Suspicious Clone
Regulated by Australia Securities & Investment Commission (ASIC)
Licensed Institution MGF CAPITAL PTY LTD
Licensed TypeInstitution Forex License (STP)
Licensed Number421246
Suspicious clone ASIC license

What Can I Trade on IM Markets?

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Stocks❌
Bonds❌
Options❌
ETFs❌

Leverage

IM Markets provides incredibly high leverage up to 1:1000, which is very high. Customers must exercise caution when investing, since high leverage might pose significant dangers.

Account Type

Account TypeStandardECN
Min Deposit$1$1

Trading Platform

IM Markets only provides its clients web platform and apps on Android devices.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
Mobile Trading App✔Android/
MT4❌/Beginners
MT5❌/Experienced traders
Trading platforms

Deposit and Withdrawal

IM MARKETS allows their clients to instantly convert cryptocurrencies in their platform accounts into cash and transfer them to their personal bank cards, such as VISA/MASTER CARD and USDT.

LeverageBrokerDealer

Related broker

Suspicious Clone
IM Markets
Company name:IM MARKETS LLC
Score
1.34
Website:https://www.im-markets.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.34

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