SalmaMarkets
Abstract：SalmaMarkets is a newly established forex broker registered in Saint Vincent and the Grenadines. The tradable instruments with a maximum leverage of 1:1000 include forex, commodities, metals, crypto, and indices. The broker only provides STP accounts. The minimum deposit is 1 USD. SalmaMarkets is still risky due to its unregulated status and high leverage.
| SalmaMarketsReview Summary | |
| Founded | 2024-01-06 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Metals/Crypto/Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | As low as 0.8 pips(on forex) |
| Trading Platform | MT4(PC(Windows)/MAC/Tablet/Mobile(IOS/Android)) |
| Min Deposit | 1USD |
| Customer Support | Email: support@salmamarkets.com |
| Facebook/Instagram/YouTube | |
| Telegram/WhatsApp | |
| Online chat | |
SalmaMarkets Information
SalmaMarkets is a newly established forex broker registered in Saint Vincent and the Grenadines. The tradable instruments with a maximum leverage of 1:1000 include forex, commodities, metals, crypto, and indices. The broker only provides STP accounts. The minimum deposit is 1 USD. SalmaMarkets is still risky due to its unregulated status and high leverage.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:1000 | Unregulated |
| MT4 available | No 24/7 customer support |
| Swap free | Complaints about high withdrawal fees |
| 24/5 customer support | |
| Commission free | |
| Demo account available | |
| Various tradable instruments |
Is SalmaMarkets Legit?
SalmaMarkets is not regulated, making it less safe than regulated brokers.
What Can I Trade on SalmaMarkets?
SalmaMarkets offers a wide range of market instruments, including forex, commodities, metals, crypto, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Crypto | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
SalmaMarkets only provides an account type: STP. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | STP |
| Minimum Deposit | 1 USD |
| Maximum Deposit | Unlimited |
| Swap | No/Free |
| Stop Out | 30% |
| Margin Call | 50% |
| Leverage | Up to 1:1000 |
| Minimum Trade Size | 0.01 |
SalmaMarkets Fees
The minimum spread is as low as 0.8 pips on forex markets. The commission is free and the no swap.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
SalmaMarkets cooperates with the authoritative MT4 trading platform available on PC(Windows), MAC, tablet, and mobile(IOS/Android) to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC(Windows)/MAC/Tablet/Mobile(IOS/Android) | Junior traders |
Deposit and Withdrawal
The minimum deposit is 1 USD. However, transfer processing times, methods, and associated fees are unknown.
Bonus
Rebate bonus up to 50%.
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