Company profile
SalmaMarketsReview SummaryFounded2024-01-06Registered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsForex/Commodities/Metals/Crypto/IndicesDemo Account✅LeverageUp to 1:1000SpreadAs low as 0.8 pips(on forex)Trading PlatformMT4(PC(Windows)/MAC/Tablet/Mobile(IOS/Android))Min Deposit1USDCustomer SupportEmail: support@salmamarkets.comFacebook/Instagram/YouTubeTelegram/WhatsAppOnline chatSalmaMarkets Information SalmaMarkets is a newly established forex broker registered in Saint Vincent and the Grenadines. The tradable instruments with a maximum leverage of 1:1000 include forex, commodities, metals, crypto, and indices. The broker only provides STP accounts. The minimum deposit is 1 USD. SalmaMarkets is still risky due to its unregulated status and high leverage.Pros and ConsPros Cons Leverage up to 1:1000UnregulatedMT4 availableNo 24/7 customer supportSwap freeComplaints about high withdrawal fees24/5 customer supportCommission freeDemo account availableVarious tradable instrumentsIs SalmaMarkets Legit? SalmaMarkets is not regulated, making it less safe than regulated brokers.What Can I Trade on SalmaMarkets? SalmaMarkets offers a wide range of market instruments, including forex, commodities, metals, crypto, and indices.Tradable Instruments Supported Forex✔Commodities✔Metals✔Crypto✔Indices✔Stocks❌Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type SalmaMarkets only provides an account type: STP. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.Account Type STPMinimum Deposit1 USDMaximum DepositUnlimitedSwapNo/FreeStop Out30%Margin Call50%LeverageUp to 1:1000Minimum Trade Size0.01SalmaMarkets Fees The minimum spread is as low as 0.8 pips on forex markets. The commission is free and the no swap.Leverage The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.Trading Platform SalmaMarkets cooperates with the authoritative MT4 trading platform available on PC(Windows), MAC, tablet, and mobile(IOS/Android) to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔PC(Windows)/MAC/Tablet/Mobile(IOS/Android)Junior tradersDeposit and Withdrawal The minimum deposit is 1 USD. However, transfer processing times, methods, and associated fees are unknown.Bonus Rebate bonus up to 50%.
ginksenk
Singapore
The best benefit about this broker for me is that they support Neteller and Skrill deposits and withdrawals. Of course, the biggest drawback is also here, with a 2% fee of up to $30 for deposits through Neteller and 0.2% and a minimum of $30 for withdrawals through Skrill. That's just too high. This means that you have to pay high fees for every withdrawal. Unless you withdraw money by another method, there is no charge.
Neutral
2022-11-30