IQM Capital is a broker that offers forex, precious metals, commodities, stocks, and index trading services to investors. The IQM Capital official website is https://iqmcapital.com, and it supports English and Simplified Chinese as its languages of use. According to Whois domain registration information, the company's website domain was registered on July 12, 2022, which is just over a year ago.
Company Background:
IQM Capital's official website states that the company is registered in Saint Lucia. However, there is no registration information related to the company found on the Saint Lucia Companies Registry (ROCIP) website. Additionally, according to Whois domain registration information, the company's website domain was registered on July 12, 2022, just over a year ago.
Account Registration:
IQM Capital's official website provides registration links for both real accounts and demo accounts. Clicking on "Open Live Account" on the homepage allows you to register for a real account, while clicking on "Open Demo Account" allows you to register for a demo account. To complete the registration for a demo account, you need to provide information such as your name, email, country, and phone number as required. To register for a real account, you need to provide information such as your name, email, password, country, and phone number. Regardless of whether it's an individual or company registration, you have the option to click "I Want to Receive Bonus" to claim a bonus.
Account Types:
IQM Capital's official website offers three types of trading accounts: VIP, Standard, and ZERO. These accounts differ in terms of spreads, leverage ratios, minimum deposits, commissions, and more.
Trading Products:
IQM Capital's official website offers trading services for forex, precious metals, commodities, stocks, and indices. However, the website does not provide specific information about the trading products within these categories, including details like spreads, margin requirements, specific trading hours, and fees.
Margin Ratios:
Although IQM Capital indicates different maximum margin ratios for different account types, the website does not provide margin ratio information for the specific trading products within forex, precious metals, commodities, stocks, and indices.
Trading Hours:
IQM Capital's website does not provide specific trading hours for the trading products it offers, including forex, precious metals, commodities, stocks, and indices.
Deposits and Withdrawals:
IQM Capital supports various deposit and withdrawal methods, including Visa, PerfectMoney, Skrill, Neteller, Local Transfer, and Tether. However, the website does not provide information about deposit and withdrawal processing times, fees, and supported currencies.
Trading Software:
IQM Capital's website indicates that the company offers its proprietary CTrader trading software, including desktop versions and mobile versions for iOS and Android. Note that the Android version of CTrader may have slow download or installation issues in some regions.
Trading Tools:
IQM Capital offers two trading tools for investors: MAM (Multi-Account Manager) and Copy Trades. MAM is a professional account management system in the financial industry, while Copy Trades allows investors to replicate the trades of professional traders.
Risk Warning:
IQM Capital's website states that the company does not provide financial services to residents of certain countries or jurisdictions, including but not limited to the United States, Canada, Israel, Iran, and others.
Regulatory Information:
IQM Capital's official website only mentions that the company is registered in Saint Lucia and does not provide any regulatory information. Furthermore, the Saint Lucia Financial Services Regulatory Authority (FSRA) website does not have any regulatory information related to this company.
Summary:
IQM Capital raises significant concerns about potential fraud. Firstly, the official website does not provide specific information about product spreads, margin ratios, or important details about deposits and withdrawals. Secondly, the registration information displayed on the website appears to be false after conducting a search. Lastly, while the official website lacks regulatory information, there is no regulatory information related to IQM Capital on the Saint Lucia Financial Services Regulatory Authority (FSRA) website. Based on these findings, IQM Capital has raised significant concerns about potential fraud, and investors should exercise caution when considering its services. TraderKnows reminds you to be mindful of your financial security and avoid falling into fraudulent traps.
