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Abstract:IMS Markets is a broker owned and operated by Initial Merit Secure Ltd (previously Nextrade Worldwide Ltd), which is registered as a Cyprus Investment Firm (CIF) with the registration number HE291905 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 229/14.
General Information& Regulation
IMS Markets is a broker owned and operated by Initial Merit Secure Ltd (previously Nextrade Worldwide Ltd), which is registered as a Cyprus Investment Firm (CIF) with the registration number HE291905 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 229/14.
Market Instruments
IMS offers investors a range of financial instruments including Forex, Commodities and Indices.
Accounts & Leverage
There are 3 different account types to choose from at IMS, namely Classic (minimum deposit of 50 USD or an equivalent in a foreign currency), Gold (minimum deposit of 500) and Premium (minimum deposit of 1,000). The maximum leverage is up to 1:30.
Spreads & Commissions
The average spread is 2 pips for Classic account and 0.5 pips for Gold and Premium. The commission is $4 (per round lot) for Classic account, $8 (per round lot) for Gold account and $5 (per round lot) for Premium account.
Deposit & Withdrawal
Funding methods include Bank Transfer, Visa, Mastercard, Skrill and Neteller. Accepted currencies are EUR, USD, GBP.
Trading Hours
Clients can trade 37 currency pairs 24 hours a day, five days a week at IMS.
Customer Support
Clients are provided with 24/5 customer support at IMS. Those who have questions or concerns can call at +357 25 057221 or email at info@imsmarkets.com.
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 54.55% of retail investor accounts lose money when trading CFDs with IMS. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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