Instant Global Markets Trade Co. Ltd is a contract for difference (CFD) broker whose official website domain was registered on May 28, 2024. It primarily provides retail and institutional clients with trading services in Forex, precious metals, crude oil, indices, cryptocurrencies, and other financial derivatives. This broker does not offer services to jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
According to publicly available information on the official website of Instant Global Markets Trade Co. Ltd (instantglobalmarket.com), the broker is headquartered at 286 Euston Road, London, and is one of the 50 largest financial services companies in the UK. However, the website does not disclose detailed company registration information or corresponding regulatory information.
Upon verification, no registration information for this broker was found on the UK Companies House or the Financial Conduct Authority (FCA) websites. Therefore, this broker is essentially a fraudulent website with no corporate entity or regulatory oversight.
Additionally, the design and content of Instant Global Markets Trade Co. Ltd's website (instantglobalmarket.com) are identical to those of scam broker websites like Ylehub FX, Tokyo Metal, Gffxx, DTX MARKETS, FIRE PHOENIX, and SVS Markets.
Account Opening Process:
To open an account with Instant Global Markets Trade Co. Ltd: visit the broker's official website, click on "Register" on the homepage or at the top right corner of the webpage to access the account registration page. Fill in the required personal details such as name and email address and set a login password. The broker will send a verification code to the provided email address. Enter the verification code on the application form and submit it. After submission, the account will be successfully registered. However, you will need to undergo identity verification before you can deposit and trade.
Trading Account Information:
The official website of Instant Global Markets Trade Co. Ltd only discloses information about spread and leverage, but does not provide information on account types, margin call/stop-out levels, trading commissions, minimum/maximum order sizes, maximum position/order volumes, or minimum price increments.
- Spread: Floating, starting from 1 pip
- Trading Leverage: 1:100
Trading Platform:
Instant Global Markets Trade Co. Ltd claims to offer the MT5 trading platform to its users. However, there is no information about this broker on the MT5 platform.
Deposits and Withdrawals:
Instant Global Markets Trade Co. Ltd has not clearly disclosed the supported deposit and withdrawal methods, fees, and minimum deposit/withdrawal amounts on its official website.
Summary:
Traderknows reminds investors that Instant Global Markets Trade Co. Ltd is a suspected fraudulent broker with unclear registration and regulatory information and false advertising. The only way to contact them is through email, making their contact method very limited. The website design and content are the same as other fraudulent broker websites like Ylehub FX, Tokyo Metal, Gffxx, DTX MARKETS, FIRE PHOENIX, and SVS Markets. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
