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IM Markets logo

IM Markets

Regulated
Saint Vincent and the Grenadines
,
Since 2023
Last Updated:

Trading Conditions

Min Deposit:
USD15
Max Leverage:
1000
Account Types
StandardECN

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

5 methods

Credit/Debit Cards (Visa, Mastercard)

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfer

bank transfer
1 days
Fee:
Free
Fee:
Free

E-wallets (Skrill, Neteller, PayPal)

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (Bitcoin, Ethereum, etc.)

crypto
Instant
Fee:
Free
Fee:
Free

Local Payment Systems (e.g., PRAXIS, AWEPAY, WINTECH, NOQODI, PAYRETAILERS, STRIPE)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 74%, 2: License 65%, 3: Software 50%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
74%Good
License
65%Good
Software
50%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor

Company Information

Full Name:IM Markets
Founded:2023
Headquarters:Saint Vincent and the Grenadines
Enterprise Offices:N/A

Customer Support

Phone:
—
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about IM Markets: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

IM Markets is a trading broker and financial service provider that intends to offer traders access to the global financial markets. Even though information on IM Markets is limited, it can be noted that the broker intends to target the financial needs of not only experienced traders but also new traders.

History and Background

It was registered in 2023 in Saint Vincent, but appears to be a fake clone. It provides trading in forex, commodities, cryptocurrencies, and indices. It offers a total of 700+ trading instruments. The trading platforms of this organization include Web and Mobile Apps. It also offers two types of trading accounts, which include Standard and ECN.

Without the historical data available, the scope of the timeline is difficult to assess at the moment. However, the presence of the brokerage within the market is indicative of the firm’s intention for expansion and development of offerings for servicing customers with trading solutions and services.

Key Features and Offerings

The instruments offered for trading include forex, commodities, indices, and possibly cryptocurrencies, but this is not explicitly implied. IM Markets also utilizes technology to ensure an extremely smooth trading system for the customers.

Some important characteristics which traders may look for in IM Markets include:

• Multiple asset classes

• Trading platforms that are

• Flexible account options

• Customer Support Services

Although specifics regarding the trading platforms and other services like educational resources and research materials are not set out clearly, it seems that IM Markets is centered around providing traders an uncomplicated trading atmosphere.

Regulations and Licensing

The company will ensure

Regulation is an essential consideration when selecting a broker. Unfortunately, there is no information available about the regulatory licenses or status of regulation of the broker IM Markets. Thus, this makes it difficult to provide a positive recommendation in terms of security.

There is a summary table below indicating the status based on data at hand.

Regulator License Number

Limited information available — Not disclosed

Trading Conditions and Platform Technology

IM Markets presents trading conditions that are meant to suit different traders, either beginners or professional traders. Nevertheless, specific aspects such as spreads, leverage, and minimum deposits are not fully elaborated.

The broker is also likely to be offering support for various trading platforms, perhaps including MetaTrader 4 and/or MetaTrader 5, which are known for their reliability and simplicity. The trading platforms offer features such as advanced charts and mobile trading.

A table below outlines the information available on the conditions of trading and features of the platform:

Feature

Spreads Limited information available

Leverage Not

Minimum Deposit Not Specified

Trading Platforms Likely MetaTrader 4/5 or proprietary platform

Order Execution Details unavailable

Fee Structure

Knowledge of the fees involved will be crucial for traders to be able to control costs. Additionally, IM Markets has not made available information related to fees for deposits, withdrawal fees, or commissions.

It is important for potential clients to contact IM Markets for direct fee information before participating in any trading activities. Fee transparency plays a crucial role in determining the efficiency of the broker from a cost perspective.

Fee Type Details

Deposit Fees Not disclosed

Withdrawal Fees Not shared

Commission Information unavailable

)+ User Experience & Market Reputation

Because there is a limited amount of data publicly available, it is difficult to make any sort of comprehensive assessment regarding user experience and reputation on the IM Markets platform. There are very few reviews or statements that can be found that are credible enough to assess the level of satisfaction or support.

For trades on the IM Markets, investors are advised to tread carefully and contact the brokerage directly for any clarification they may need. Any client that wishes to join the brokerage for trades is also encouraged to utilize the demo accounts that the brokerage may offer for trial use.

Recent Developments

Currently, there are no significant pieces of information about recent updates or innovations on the IM Markets. Indeed, the profile of the broker is quite low, and no major changes have been noted.

Keeping track of those official sources or even reaching out to the customer care support might give you the most up-to-date information on new releases and advancements.

Conclusion

It is difficult to make an in-depth assessment of the services and credibility of the broker given that the company is a trading broker with minimum publicly accessible information. Although the broker makes it possible to trade in several financial instruments, the core information about the broker, including the fees involved, is not publicly known.

Investors seeking to engage in trade with IM Markets should conduct their due diligence, opt for direct communication with the broker, and reflect on the value of transparency and compliance with regulations in their selection of a trading agent. As with any financial service, awareness of the full scope of the service and associated risks is integral to the process of initiating a financial commitment.

Regulation check

Regulatory Licenses

IM Markets is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 3 checked
Licences on record
3
Confirmed on register
0
Tier 1 or 2
2
Offshore
1

WIKILIX

Licence intelligence

The strongest of 3 licences on file

Licence Verification Record

Australia Securities & Investment Commission 421246

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Australia
Authority strength
Tier 1
Licence type
Institution Forex License (STP)
Not yet checked on the register

Client protection under this licence

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28

These are the rules ASIC sets for the firms it licenses. They are not a statement about how IM Markets applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

2 account types on record. Leverage up to 1:1.

2 account types
AccountMin DepositLeverageCommission
StandardNot recorded1:1Not specified
ECNNot recorded1:1Not specified
Account names and conditions as published by IM Markets, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account. 5 with no deposit fee. 4 credit instantly.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Credit/Debit Cards (Visa, Mastercard)Credit Card
Funds are typically refunded to the same card used for deposit. Available in most regions; specific card types may vary.
FreeFreeNot recordedNot recordedNot recordedInstant
Bank Wire TransferBank Transfer
Ensure all bank details are accurate to avoid delays. Fees may vary by bank. Deposit processing time 1–3 business days; withdrawal 3–5 business days.
FreeFreeNot recordedNot recordedNot recorded1 day
E-wallets (Skrill, Neteller, PayPal)E-Wallet
Funds are typically refunded to the same e-wallet used for deposit. Availability varies by region; some e-wallets may not be supported in certain countries.
FreeFreeNot recordedNot recordedNot recordedInstant
Cryptocurrency (Bitcoin, Ethereum, etc.)Cryptocurrency
Ensure wallet addresses are correct to avoid transaction errors. Availability varies by region; some cryptocurrencies may not be supported in certain countries.
FreeFreeNot recordedNot recordedNot recordedInstant
Local Payment Systems (e.g., PRAXIS, AWEPAY, WINTECH, NOQODI, PAYRETAILERS, STRIPE)Other
Specific to each payment system; refer to their terms. Dependent on the client's country; not all systems are available globally.
FreeFreeNot recordedNot recordedNot recordedInstant
Fees, limits and processing times as published by IM Markets, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about IM Markets

Most Popular Questions
IM Markets provides customer support through live chat during business hours and maintains active social media channels including Facebook, Instagram, and YouTube. The broker's contact address is located in Saint Vincent and the Grenadines, and support is offered in English.
IM Markets offers a maximum leverage of up to 1000. This high leverage is available under its offshore license but may vary depending on the client's jurisdiction and account type.
IM Markets supports various funding methods including credit/debit cards, bank wire transfers, e-wallets like Skrill and PayPal, cryptocurrencies, and local payment systems such as PRAXIS and STRIPE. Deposits and withdrawals generally have no fees and processing times range from instant to a few business days depending on the method.
IM Markets holds an onshore Institution Forex License (STP) from the Australia Securities & Investment Commission (ASIC), a tier 1 regulator. It operates under strict fund segregation rules but does not have mandatory client fund insurance. The broker is prohibited from serving clients in the USA, North Korea, Iran, and other sanctioned countries.
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