Company profile
Salma Markets was founded by Salma Markets (SV) LLC in 2014. It provides multiple trading assets, including Forex, Metals, Indices, Commodities and Cryptos. Its high leverage is up to 1:3000, which is competitive in the market. However, it is not regulated and supervised by any regulations.Pros and ConsPros Cons High leverage up to 1:3000Not regulatedRebate Bonus up to 50%Limited account typesVarious trading assetsLack of transparencyPopular trading platform MT4Low minimum deposit $124/5 customer supportIs Salma Markets Legit? Salma Markets is not regulated by any financial institutions, even the local authority Financial Services Authority (FSA). It appears that Salma Market does not need to disclose its information and accept supervision.What Can I Trade on Salma Markets?Tradable Instruments Supported Forex ✔Metals ✔Indices ✔Commodities ✔Cryptos ✔ETFs❌Options ❌Account Type STP account is the only account provided by Salma Markets. The minimum deposit requirement is only 1 USD. It also offers demo accounts that traders can practise their investments.Leverage The leverage of Salma Markets varies with different balance values. The maximum leverage is up to 1:3000. Traders should be prudential to their trading. High leverage comes with high profits. However, there are also high losses accompanying.Fees Salma Markets offers free SWAP and commission, which is competitive in the market.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Windows, Android, IOSBeginnersDeposit and WithdrawalDeposit Options Deposit Options Min. DepositFees Processing Time BCA / Mandiri/ BNI/ BRI/ OCBC/ CIMB$1❌InstantFASAPAY / NETELLER$50WIRE TRANSFER$1001 – 5 business daysRHB BANK/ MAYBANK/ PUBLIC BANK / HONG LEONG$10InstantWithdrawal OptionsWithdrawal Options Min. Withdrawal Fees Processing Time BCA / Mandiri/ BNI/ BRI/ OCBC/ CIMB$5❌1-2 hours during financial department business hours (max 48 hours)RHB BANK/ MAYBANK/ PUBLIC BANK / HONG LEONG$15FASAPAY$50NETELLER2% (min $1, max $30)WIRE TRANSFER$1000.2% (min $30)1 – 5 business daysCustomer Service Contact Options DetailsPhone +44 7389 102555Email support@salmamarkets.comSupport Ticket System ❌Online Chat 24/5Social Media Facebook, Instagram, YouTubeSupported Language English, Bahasa Indonesia and Tiếng ViệtWebsite Language English, Bahasa Indonesia and Tiếng ViệtPhysical Address Jl. smpn 1 cileunyi Komplek haruman asri no.AA4 Cileunyi Bandung Jawa Barat 40621 IndonesiaThe Bottom Line To sum up, Salma Markets is not worth trading. Its leverage is much higher than the other brokers. It seems like a scam. Besides, it only offers a single account type. And the absence of regulation can bring many potential risks for traders. Traders should be cautious when they choose a broker.FAQs Is Salma Markets safe? No, its very dangerous for trading because it lacks valid regulation. Is Salma Markets a good for beginners? No, safety comes first for beginners. Salma Markets is not regulated. What kind of trading platform does Invest-River offer? The most popular trading platform MT4.