IMS Markets is a forex broker established on August 9, 2011, in Cyprus, primarily offering financial trading services in forex, indices, and commodities to investors, with an unknown company headquarters. This broker does not provide services to jurisdictions that may violate local laws or regulations.
Corporate Registration and Regulatory Status:
IMS Markets is registered in Cyprus under the entity INITIAL MERIT SECURE LTD, formerly known as NEXTRADE WORLDWIDE LTD. The specific registration address is 3 Pythagora Street, Pythagoras Court, 4th Floor, Limassol 3027, Cyprus, with the company registration number HE291905. This entity is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with the authorization date being March 21, 2014, and the license number 229/14. According to Whois information, the broker's official website domain was registered on January 29, 2019.
Account Opening:
To open an account with IMS Markets, visit the broker's official website and click "OPEN LIVE ACCOUNT" on the homepage or at the top right corner of the webpage. Fill in the personal information as required and submit the registration form. After submission, the account will be successfully registered. The broker will send an email with a verification link, and after verification, the user will automatically log into the account. Complete identity verification is required before depositing and trading.
Account Types:
IMS Markets offers a demo trading account and three different types of real trading accounts: CLASSIC ACCOUNT, GOLD ACCOUNT, and PREMIUM ACCOUNT.
CLASSIC ACCOUNT:
- Minimum Initial Deposit: $50
- Average Spread: 2 pips
- Trading Commission: $4 per lot
- Maximum Trading Leverage: 1:30
- Margin Call Level: 50%
- Minimum Trade Size: 0.01
- Negative Balance Protection: Provided
- 24/5 Customer Support: Provided
- Dedicated Account Manager: Provided
- Free Platform Tutorials: Provided
- Free Account Overview: Provided
GOLD ACCOUNT:
- Minimum Initial Deposit: $500
- Average Spread: 0.5 pips
- Trading Commission: $8 per lot
- Maximum Trading Leverage: 1:30
- Margin Call Level: 50%
- Minimum Trade Size: 0.01
- Negative Balance Protection: Provided
- 24/5 Customer Support: Provided
- Dedicated Account Manager: Provided
- Free Platform Tutorials: Provided
- Free Account Overview: Provided
PREMIUM ACCOUNT:
- Minimum Initial Deposit: $1000
- Average Spread: 0.5 pips
- Trading Commission: $5 per lot
- Maximum Trading Leverage: 1:30
- Margin Call Level: 50%
- Minimum Trade Size: 0.01
- Negative Balance Protection: Provided
- 24/5 Customer Support: Provided
- Dedicated Account Manager: Provided
- Free Platform Tutorials: Provided
- Free Account Overview: Provided
Trading Platform:
IMS Markets does not explicitly disclose the trading platform provided to users on its official website.
Deposits and Withdrawals:
IMS Markets supports deposits and withdrawals using bank transfer, VISA, NETELLER, Skrill, and other methods.
Conclusion:
Currently, this broker is marked as "operating normally" on Traderknows.
