IMT Trade Forex Broker

Note: IMT Trade's official website https://imttrade.com/ is currently inaccessible normally.IMT TradeReview SummaryFounded/Registered Country/RegionMarshall IslandsRegulationNo regulationMarket InstrumentsCurrency pairs, CFDs on indices, commodities, stocks, bondsDemo Account✅LeverageUp to 1:200SpreadFrom 2.9 pipsTrading PlatformMetaTrader 4, Mobile & Tablet Trader, and MT4 WebTraderMin Deposit/Customer SupportPhone: +61 283 113079Email: support@imttrade.com IMT Trade, operating from the Marshall Islands, provides the MT4 trading platform supporting various market instruments, including currency pairs and CFDs on indices, commodities, stocks, and bonds with leverage up to 1:200 and spread from 2.9 pips. However, this company lacks valid regulation, which mean potential risks may exist.Pros and ConsPros Cons MT4 supportedLack of regulationVarious market instrumentsNo demo accountsWide spreadsNo info on minimum depositLimited payment optionsIs IMT Trade Legit? IMT Trade is not regulated by the financial services regulatory authority in Marshall Islands, which means that the company lacks regulation from its registration site. Moreover, the current status shows that client transferring is prohibited.What Can I Trade on IMT Trade? IMT Trade offers trading on currency pairs and CFDs on indices, commodities, stocks, and bonds.Tradable Instruments Supported Currency Pairs✔Indices✔Commodities✔Stocks✔Bonds✔Cryptocurrencies❌Options❌Mutual Funds❌Account Type There is only one account type available: Standard Account. It is not clear whether it offers demo accounts or not.Account TypeMax. LeverageSpreadStandard1:2002.9 pipsLeverage On IMT Trade, the leverage can be up to 1:200, which is reasonable in the market. However, careful considerations are still needed, because potential risks still exist.Trading Platform IMT Trade uses MT4 as its trading platform. MetaTrader 4 (MT4) provides a user-friendly interface, suitable for both new and experienced traders. With comprehensive technical analysis capabilities, including online quotes and interactive charts, MT4 allows users to respond quickly to price changes. The platform supports trading signals, copy trading, and algorithmic trading through Expert Advisors, automating both trading and analytics. For traders on the go, IMTTrade Mobile & Tablet Trader offers convenient features such as bulk conclusions of transactions, real-time trading, advanced technical analysis, a macroeconomic calendar, current market reports, and transaction history. Additionally, MT4 Webtrader enhances the trading experience with independent configuration of trading fields, clear structure, monitoring of current developments, a Click&Trade function for prompt instructions, an economic calendar, a trade calculator for profit/loss calculations, and transaction history for a clear overview of all concluded transactions.Deposit and Withdrawal IMT Trade only accepts payments via Visa, MasterCard and Maestro. However, it is clear that withdrawal restrictions do exist. If clients want to withdraw, then he or she must have traded 60 times of the initial deposit.