Storm FX Markets

WikiFX | 2024-10-29 17:31

Abstract：Storm FX Markets was registered in 2024 in St. Vincent and the Grenadine. It is not regulated, and it is not clear whether demo accounts are available or not. It claims to offer several types of accounts, and the leverage can be up to 1:200. Since it is not regulated, risks still exist.

Note: Storm FX Markets's official website https://stormfxmarkets.com is currently inaccessible normally.

Storm FX MarketsReview Summary
Founded	2024
Registered Country/Region	St. Vincent and the Grenadine
Regulation	No regulation
Market Instruments	/
Demo Account	/
Leverage	Up to 1:200
Spread	From 1.6 pips (Mini account)
Trading Platform	MT4
Min Deposit	$200
Customer Support	Phone: +5117085640
Customer Support	Email: support@stormfxmarkets.com

Storm FX Markets was registered in 2024 in St. Vincent and the Grenadine. It is not regulated, and it is not clear whether demo accounts are available or not. It claims to offer several types of accounts, and the leverage can be up to 1:200. Since it is not regulated, risks still exist.

Pros and Cons

Pros	Cons
MT4 supported	Lack of regulation
	No demo accounts
	Limited information on trading conditions

Is Storm FX Markets Legit?

Storm FX Markets is not regulated by the financial services regulatory authority in St. Vincent and the Grenadine. However, the current status shows that it is normal.

Account Type/Leverage/Fees

Storm FX Markets provides 4 types of accounts: Mini account, ECN account, ECN Pro account, and PAMM account.

Account Type	Min. Deposit	Max. Leverage	Spread	Commission
Mini	$200	1:200	From 1.6 pips	$7 per lot
ECN	$1,000	/	/	/
ECN Pro	$5,000	/	/	$9 per lot
PAMM	/	/	From 1.6 pips	$6 per lot