IMY TECHNOLOGY GLOBAL MARKETS LIMITED, registered on December 7, 2021, is located in Vancouver, Canada, and primarily engaged in forex trading. Despite providing a fully functional official website https://service.imyltd.com/, activated on December 23, 2021, there are some regulatory and transparency issues that could affect its reputation in the global financial markets.
Background of IMY LTD:
IMY TECHNOLOGY GLOBAL MARKETS LIMITED is a company registered on December 7, 2021, with the business number 761028208, and its registered address is in Vancouver, Canada. The company's official website is https://service.imyltd.com/, with the domain registered on December 23, 2021. Located in Vancouver, Canada, the company's official website and transparent registration information further enhance its credibility and reliability in the international market.
Regulatory Information of IMY LTD:
IMY TECHNOLOGY GLOBAL MARKETS LIMITED claims to be a company focused on forex trading. The company is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money services business, with registration number M21899308. However, FINTRAC's scope of authorization is limited to currency exchange and does not cover the regulation of financial derivatives. Additionally, although IMY claims to be registered with the National Futures Association (NFA) in the United States, with number 0544564, no information can be found on the NFA's official website. This suggests that the platform may be involved in false advertising, and investors should be cautious and avoid making financial transactions.
Account Registration Process of IMY LTD:
- Visit the IMY LTD official website and click on the "Register" button.
- Fill out the registration form, including basic information and contact details.
- Submit the required identity verification documents.
- Deposit the initial funds to start trading activities.
Account Types of IMY LTD:
IMY LTD offers various types of accounts, including standard accounts and partner accounts. The minimum initial deposit for a standard account is only $10. In addition, the company offers a demo account for up to three months, and users can open new demo accounts at any time, holding up to three demo accounts simultaneously.
Trading Software of IMY LTD:
IMY LTD customers can trade through the following platforms:
- MT4 Desktop Terminal
- iOS Mobile App
- Android Mobile App
Trading Products of IMY LTD:
IMY LTD offers a variety of financial market trading instruments such as forex, commodities, stocks, futures, indices, and cryptocurrencies.
What Are the Spreads and Leverage of IMY LTD?
- Leverage: Offers a leverage range from 1:1 to 200:1.
- Spreads: Starting spreads are as low as 0.2 pips, depending on account type and trading volume.
What Are IMY LTD's Deposit and Withdrawal Methods?
Supports a variety of payment methods, including credit cards, electronic payment methods, and domestic and international wire transfers. The minimum deposit is $10, with no deposit fees. Withdrawal fees are as follows:
- USD Account: 0.35% fee
- JPY Account: 0.3% fee, with an additional 3,000 yen fee if the amount is below 50,000 yen.
Funds usually take 3 to 5 business days to arrive, depending on the bank and region.
Customer Support of IMY LTD:
Customers can contact support through email (info@imyltd.com). The company address is 1090 HOMER STREET SUITE 300, VANCOUVER, CA. The company does not provide telephone support services.
Conclusion:
IMY TECHNOLOGY GLOBAL MARKETS LIMITED demonstrates a degree of business transparency through its registration in Canada and the establishment of its web platform. However, the uncertainties and shortcomings regarding some regulatory information require additional attention from investors. The company's trading conditions, multiple account types, and supported platforms offer flexibility, but verifying the authenticity of all critical information is key before making any investment decisions. IMY LTD is listed as "Non-Regulation" on TraderKnows.
