English

INMARKET FX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.inmarket..., the company's legitimate regulatory information VanuatuVFSCRetail Forex License to enhance the security of the company's address 2nd FLOOR, TRANSPACIFIC HAUS, LINI HIGHWAY, PO BOX 257, PORT VILA, VANUATU

INMARKET FX Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

Integrated Markets LTD

Abbreviation

INMARKET FX

Company employee

Customer Service Email Address

info@inmarketfx.com

Contact Number

+1 (321) 396-5170

Company Website

https://www.inmarketfx.com/?lang=en

Company address

2nd FLOOR, TRANSPACIFIC HAUS, LINI HIGHWAY, PO BOX 257, PORT VILA, VANUATU

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

if you are looking for an unregulated broker, INMARKET FX it's a good option. in WikiFx We have a team specialized in analyzing each broker in depth, so we can ensure that this broker does not have the same strict regulations as other brokers, so they can offer lower commissions. 1. Basic information and regulation inmarketfx is an online forex and cfd broker operated by Integrated Markets LTD and registered in vanuatu in 2018. inmarketfx currently holds a retail forex license from the vanuatu financial services commission (license number: 148/10). Inmarketfx is currently only regulated abroad by the Vanuatu VFSC, which means that the safety of investor funds and trading activities on the Inmarketfx platform are not necessarily effectively protected compared to UK FCA regulated brokers. Kingdom, CySEC of Cyprus. Therefore, investors should use Inmarketfx, a forex trading platform, with caution. 2. Market Instruments Investors can trade Forex pairs, stocks, commodities, indices, and cryptocurrency products on the Inmarketfx platform. To make the deposit, all brokers accept bank transfer and entry by credit or debit card and some give greater facilities by implementing the possibility of entry through electronic means of payment such as Paypal, Skrill Moneybookers, Neteller, WebMoney, CashU, GiroPay,... By transfer the activation of your account can be slower while by card or electronic payment the activation is usually immediate or a matter of a short time. 3. minimum deposit in INMARKET FX The company does not provide information about a standard initial deposit quote. Typically, most brokers require an initial amount of $100 or an equivalent amount to start trading. Each online broker usually establishes a minimum initial deposit for the opening of each of the trading accounts that it offers. When you offer multiple accounts, each one often improves the trading conditions of the previous one in exchange for a higher initial deposit requirement. Therefore, you must first make sure what is the minimum deposit necessary for the trading account you want to open. 4. trading accounts offered INMARKET FX Inmarketfx does not provide account information and there is no minimum deposit requirement. Brokers mostly work with a standard account, Premium account and professional account, qualified for operations with the sponsoring Banks. 5. Leverage Inmarketrx does not mention trading leverage information on the website. Brokers set their fees, which in some cases can reach 1:100 means that with a fund of $1 you can open positions of up to $100 The vast majority of Forex brokers will not let you make a trade that is smaller than 1 micro lot (0.01 lots) worth 1,000 units of the base currency. For example, 1 micro lot of the USD/JPY currency pair is worth $1,000. 6. spreads and trading commissions INMARKET FX the eurusd spread on the standard account of the inmarketfx platform is 0.2, which looks quite attractive. trading platform available from INMARKET FX Inmarketfx offers traders the most popular trading platform available today, MT4, the gold standard in the forex trading industry, with powerful charting tools, a large number of custom indicators, support for automated trading and EAs. , suitable for both experienced and novice operators. In addition, traders can also download the mobile app to trade freely anytime, anywhere. 7. deposit and withdrawal INMARKET FX Inmarketfx allows Traders to deposit and withdraw funds from their trading accounts via credit/debit card, bank transfer, Skrill, Neteller. Each online broker usually establishes a minimum initial deposit for the opening of each of the trading accounts that it offers. When you offer multiple accounts, each one often improves the trading conditions of the previous one in exchange for a higher initial deposit requirement. Therefore, you must first make sure what is the minimum deposit necessary for the trading account you want to open. 8. Platform offered The company does not provide what type of platform it uses, it can be considered that it uses its own software. In general, Brokers use the MT4 and MT5 platform, the first being the most popular for its easier and faster way to carry out operations, in the case of the second it is somewhat less common, it is more innovative than MT4 The MT4 platform is the most popular trading application for the financial market. In general, this platform is taken as an easy and fast way to execute operations, having a competitive advantage and interbank liquidity. 9. account opening in INMARKET FX How can you open a Coininvest broker account？ Currently there are numerous online Brokers on the market, where you can invest forex, CFDs. Each one of them offers a variety of trading accounts, in a simple and fast way, where there are brokers that have an easier registration process. Below are the steps to follow to open a Broker account: a) Fill in the personal data and address in the online registration form. b) In general, you have to choose the leverage, to comply with the regulatory bodies, in this broker it does not meet the regulation parameters. Therefore, be careful. c) Upon completion, it is recommended to read, if you agree and accept the conditions of the contract. d) Sending documentation, there are brokers that request documentation, in this case, the company does not indicate the requirement thereof. e) Proof of identity, you must send a scanned document to prove your identity, for example passport, ID or driving license. It must be current) Proof of Address: as for the veracity of the address, you must provide a scanned current service invoice, where address is verified. g) Make initial deposit: each Broker establishes its minimum deposit, for the opening of a trading account that ofrece.h) At the end of the registration process, you have access to the client area with the Broker 10. advantages and disadvantages of INMARKET FXAdvantages 1. Richer business assets 2. No minimum deposit requirement for the account 3. MT4 Trading Platform (Complaint) Disadvantages 1. Offshore regulation 2. No account information provided 3. Complete information about the broker does not appear on the website For a secure and reliable experience, download our application which will help you find any fraudulent activity in your trading account. 11. news from INMARKET FX With verification, the broker is currently not under any effective supervision, pay attention to the risks! Supervision announced by broker Vanuatu FSC (regulation number: 14810) use of cloned license is suspected, pay attention to the risk! It is considered a Broker that does not follow the strict regulatory rules, therefore it is considered suspicious. The Wikifx team provided a detailed rating description after conducting a thorough assessment of the five control and regulation indices, considering that the license index has no authoritative regulation. It also carried out a business life cycle verification through a systematic evaluation of the comprehensive level of the Broker's business. A real-time monitoring was generated for more than 40 factors by the control team, which determined that there is no regulatory information, take the risk into account. 12. feedback from INMARKET FX Is the trading platform safe？ The Broker does not have a conditioned platform like MT/4 and M/5, so it is suggested to make inquiries before making the decision to invest. Most brokers use MetaTrader 4, which is an online trading platform by MetaQuotes Software. Trading MT4 with FXTM gives you access to a range of markets and hundreds of different financial instruments, including Forex, Commodities, CFDs and Indices. What MetaTrader 4 offers you: 1. Interactive and easy to read graphics. 2. Monitoring and analysis of the markets in real time. 3. Access to more than 30 technical indicators. 4. A powerful security system and functionality on multiple devices. 5. Trade with confidence whenever you want. 13. Customer service You can contact the number 13213965170, the company does not provide email.

INMARKET FX broker review

Is INMARKET FX safe or scam

Rating Index

Algo Management Forex Broker - Complete Information Guide

1. Broker Overview

　　Algo Management is a forex brokerage firm that operates under the domain algo-management.co. Established in May 2023, this broker is primarily known for its online trading services. The exact location of its headquarters is not disclosed, raising concerns about its operational transparency. Algo Management is a privately held company that targets a diverse clientele, including retail traders looking for forex and CFD trading opportunities.

　　Despite being a relatively new entrant in the forex market, Algo Management claims to offer a range of trading products across various asset classes. However, the lack of regulatory oversight has led to skepticism about its legitimacy and operational practices. The company has not disclosed any significant milestones or achievements since its inception, which further complicates its credibility in the eyes of potential investors.

　　The business model of Algo Management appears to focus on retail forex trading, providing access to various financial instruments without the backing of a reputable regulatory authority. This raises significant concerns regarding the safety and security of clients' funds, making it imperative for traders to conduct thorough due diligence before engaging with this broker.

2. Regulatory and Compliance Information

　　Algo Management operates without a valid regulatory license, which is a critical red flag for potential investors. The Autorité des marchés financiers (AMF) in France has issued a warning against this broker, stating that it provides financial services without the necessary authorization. This lack of regulation means that investors' funds are not protected by any legal framework, leaving them vulnerable to potential losses.

　　The absence of a regulatory license means that Algo Management does not have a regulatory number or any recognized compliance measures. Moreover, the broker does not maintain segregated accounts for client funds, which is a standard practice among regulated firms. This lack of transparency and accountability raises serious concerns about the safety of client investments.

　　Furthermore, Algo Management does not participate in any investor compensation schemes, which typically provide a safety net for clients in the event of a broker's insolvency. The broker's KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures are also unclear, as no specific information is provided on their website regarding these essential practices.

3. Trading Products and Services

　　Algo Management offers a limited selection of trading products. The broker provides access to various forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, among others. However, the exact number of available currency pairs is not specified.

　　In addition to forex, the broker claims to offer a range of CFD products that include indices, commodities, stocks, and cryptocurrencies. However, the details regarding the specific instruments available for trading are vague, and the frequency of product updates is not disclosed.

　　Algo Management primarily focuses on retail trading services, catering to individual traders looking to engage in forex and CFD trading. There is no indication that the broker offers institutional services or white-label solutions, which are common among more established firms in the industry. The absence of asset management services further limits its appeal to a broader range of clients.

4. Trading Platforms and Technology

　　Algo Management's trading platform is described as basic and lacking many of the advanced features that traders expect from a modern brokerage. The broker does not support popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely recognized for their robust trading capabilities.

　　Instead, Algo Management appears to offer a proprietary web-based trading platform. However, details about this platform's functionality and user experience are scarce. The broker does not provide a mobile trading application for iOS or Android, which is a significant drawback for traders who prefer to manage their accounts on the go.

　　The execution model employed by Algo Management is not clearly defined, leaving potential clients uncertain about whether they are dealing with an ECN (Electronic Communication Network), STP (Straight Through Processing), or market-making model. Additionally, there is no information available about the broker's server locations or technical infrastructure, which are crucial aspects for ensuring low latency and reliable trade execution.

　　Algo Management does not mention any support for API access or automated trading, which are essential features for algorithmic traders looking to implement their strategies effectively.

5. Account Types and Trading Conditions

　　Algo Management offers several account types, each with different minimum deposit requirements. The standard account requires a minimum deposit of $250, while higher-tier accounts include:

Silver Account: $2,500 minimum deposit
Gold Account: $10,000 minimum deposit
VIP Account: $50,000 minimum deposit

　　The trading conditions associated with these accounts vary, but specific details about spreads, commissions, and other fees are not clearly outlined on the broker's website. The standard account reportedly offers competitive spreads starting from 0.1 pips, though the reliability of this information is questionable given the broker's lack of regulation.

　　The leverage offered by Algo Management is up to 500:1, which may attract traders looking for high-risk, high-reward opportunities. However, such leverage also increases the risk of significant losses, underscoring the importance of proper risk management practices.

　　The minimum trading lot size and overnight fees are not specified, which can be a critical factor for traders when selecting a broker. The absence of a demo account policy further complicates the situation, as potential clients have no way to test the trading environment before committing their funds.

6. Fund Management

　　Algo Management supports a limited range of deposit methods, including bank transfers, credit cards, and cryptocurrency payments, specifically Bitcoin. The minimum deposit requirement varies depending on the account type, with the standard account requiring $250.

　　The processing time for deposits is relatively quick, with credit card transactions being instant and bank transfers taking 2-5 business days. However, the broker does not disclose any deposit fees, which can be a concern for potential clients.

　　When it comes to withdrawals, Algo Management claims to process requests within a few days. However, specific details regarding withdrawal methods, minimum withdrawal amounts, and associated fees are not provided, creating uncertainty for clients attempting to access their funds.

　　The lack of transparency regarding the withdrawal process and potential fees is a significant drawback, as clients may face unexpected challenges when trying to retrieve their investments.

7. Customer Support and Educational Resources

　　Algo Management provides limited customer support options, primarily through email and a contact form on their website. There is no dedicated phone support or live chat feature, which can hinder effective communication between clients and the broker.

　　The service hours and time zone coverage are not specified, leaving clients uncertain about when they can expect responses to their inquiries. Additionally, the broker does not offer multi-language support, which may pose challenges for non-English speaking clients.

　　In terms of educational resources, Algo Management appears to have minimal offerings. There is no information about webinars, tutorials, or e-books that could assist traders in improving their skills. The absence of market analysis services, such as daily reports or research, further limits the support available to clients.

　　Overall, the lack of robust customer support and educational resources raises concerns about the broker's commitment to helping its clients succeed in the trading environment.

8. Regional Coverage and Restrictions

　　Algo Management claims to serve a global market, though specific details about its operational regions and office locations are not provided. The absence of this information raises questions about the broker's legitimacy and operational scope.

　　Certain countries may be restricted from accessing Algo Management's services, particularly those with stringent regulatory requirements. However, the broker does not disclose a list of countries where it does not accept clients, leaving potential investors in the dark regarding their eligibility.

　　In conclusion, while Algo Management presents itself as a forex brokerage with various trading opportunities, the lack of regulation, transparency, and customer support raises significant concerns. Potential clients are strongly advised to exercise caution and consider alternative options with established regulatory oversight and a proven track record.

INMARKET FX Similar Brokers

Revoked

Avalon

Best brokers