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IM MARKETS

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 2-5 years |
Questionable Regulatory License | Self-developed | Suspicious Operational Region | Australia Authorized Representative (AR) Revoked | High Potential Risk

https://www.im-markets.com

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Mexico Mexico 2.55
Surpassed 14.60% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.im-markets.com
Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
IM MARKETS LLC
Address
Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines
Qutancl

Qutancl

Unverified

Belarus

We struggled last night and sent an email requesting help. Today they were brilliant with their communication and helping us sorting out our issue. Thank you so much :)

Positive

Positive

Hnsjkk

Hnsjkk

Unverified

Kazakhstan

Great company but my only criticism is they are very customer unfriendly when it comes to outstanding balances. They are too quick to issue curt reminders and threats of closing positions if a balance is not paid.

Neutral

Neutral

LaLa123

LaLa123

Unverified

Netherlands

At IM Markets, I found a selection of assets including Forex, Indices, Commodities, and Cryptocurrencies and spreads starting from 0.1 pip appealing. They're regulated by Canadian and Australian authorities, and support multiple payment methods. They offer mobile-friendly platforms and educational resources. However, lack of clarity on minimum deposit, demo, and Islamic accounts concerns me.

Neutral

Neutral

BDSW

BDSW

Unverified

Nigeria

Trading is largely about strategy, edge, percent points but it's also about clarity. And in terms of clarity, IM Markets seemed more like a foggy morning in London, lack of explicit commission values. You buy a significant lot size, 10 lots of EUR/USD, thinking you've calculated all the costs with the minimal and vague information on commissions provided by IM Markets. Your trade goes just as planned and you're predicting a substantial profit. You close the trade, feeling like a victorious warrior as you wait for the profits to reflect in your account. And then, bam! Out of nowhere, a significant chunk of your profit gets snipped off as commission.

Neutral

Neutral

4
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MT4/5

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Trading Apps
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IM Markets
Beautiful charts
App Size
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DeveloperIM MARKETS IM Markets
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Official Website

Verified Site

  • im-markets.com
    185.230.63.171
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
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    Website Name
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IM MARKETS

Related Companies

IM MARKETS PTY LTD(Australia)
Australia
IM MARKETS PTY LTD(Australia)
Active
Australia
Registration No.
667723588
Est. Date
IM Markets Limited(Canada)
Canada
IM Markets Limited(Canada)
Active
Canada
Registration No.
11997394
Est. Date

Company Profile

Company Profile

Review summary

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 TraderWeb/
Mobile Trading AppAndroid/
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.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Self-developed
  • Suspicious Operational Region
  • Australia Authorized Representative (AR) Revoked
  • High Potential Risk

News

WikiFX Reviews IM Markets in Depth

News WikiFX Reviews IM Markets in Depth

In this article, we'll look in-depth at IM Markets (IM), examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.

Wiki Q&A

Is IM MARKETS a scam or a legit trading platform?

IM MARKETS LLC operates as an unregulated entity registered in Saint Vincent and the Grenadines, a jurisdiction not known for comprehensive forex brokerage oversight. The broker presents a severe risk warning, as it currently holds no valid, active regulatory licenses; its historical regulatory footprint includes revoked authorizations from ASIC and FINTRAC. This operational structure means clients do not have access to standard investor protection or compensation schemes typically mandated by major financial authorities.

04-02
United States

Which regulator oversees IM MARKETS?

IM MARKETS is not overseen by a mainstream financial regulator. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction that does not license or supervise forex brokers. Its historical regulatory footprint includes revoked licenses from ASIC in Australia and FINTRAC in Canada, and it currently holds no verified, active regulatory licenses that offer client protection for retail trading activities.

04-02
United States

When was IM MARKETS established?

Based on available operational history, IM MARKETS has been active for between 2 to 5 years.

04-02
United States

¿Cómo comparar diferentes brókers de forma eficaz?

Para comparar diferentes brókers, los inversores pueden evaluar factores como la situación regulatoria, la puntuación integral, el entorno de trading, las condiciones de cuenta y los comentarios de usuarios. Se recomienda priorizar la verificación del estado regulatorio y las licencias, seguida del análisis de la puntuación WikiFX y sus distintos índices. La herramienta de comparación multidimensional de WikiFX permite realizar evaluaciones más estructuradas y eficientes.

Two days ago

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

Two days ago

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

Two days ago

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States
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