IMS Markets
Basic Information
Pros and Cons
Pros
- Regulated by CYSEC
- Offers various fixed income products
- Maximum leverage of 1:30
- Spreads starting from 0.5 pips
- Positive customer service feedback
Cons
- Limited withdrawal options
- No demo account available
- Complaints about withdrawal methods
- Commission fees apply
- No MT4 or MT5 support
Is IMS Markets Safe and Legit?
IMS Markets, registered in Cyprus in 2019 under the name INITIAL MERIT SECURE LTD, has over four years of operational experience. The broker offers a variety of fixed income products including Agency/GSE Bonds and Corporate Bonds with a maximum leverage of 1:30 and spreads starting from 0.5 pips, utilizing the Bloomberg trading platform.
IMS Markets is regulated by the Cyprus Securities and Exchange Commission (CYSEC) and is authorized in 15 countries, indicating a strong legal framework. Consequently, it is generally considered safe for trading purposes.
User feedback on IMS Markets is predominantly positive, highlighting the quality of customer service and the variety of trading products available. However, users have noted limited withdrawal options and the absence of a demo account, which may deter some potential clients. Overall, the broker maintains a solid reputation with minimal complaints reported in the trading community.
Is IMS Markets a Regulated Broker?
What Are the Regulatory Licenses Held by IMS Markets?
IMS Markets is regulated by the Cyprus Securities and Exchange Commission (CYSEC), which provides a solid legal framework for its operations. Established in Cyprus in 2019 under the name INITIAL MERIT SECURE LTD, the broker is authorized in 15 countries, ensuring compliance with stringent regulatory standards. This regulatory oversight contributes to its reputation as a generally safe trading option. As such, IMS Markets holds well-recognized regulatory authority instead of just offshore licenses, bolstering its credibility in the financial markets.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| CYSEC | Cyprus Securities and Exchange Commission | INITIAL MERIT SECURE LTD | Active | 229/14 |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
IMS Markets prioritizes client fund protection by holding client funds in independently regulated bank accounts, separate from the broker’s assets. This segregation of funds is in compliance with CYSEC regulations, enhancing the safety and security of traders’ investments.
IMS Markets Leverage
The broker offers a maximum leverage of 1:30 across its product categories, adhering to local regulatory limits for both retail and professional clients. This leverage structure reflects compliance with the legal requirements established by the jurisdictions where IMS Markets is authorized to operate.
IMS Markets Withdrawal Review
How to Contact IMS Markets?
IMS Markets has received mostly positive feedback from users, but there are some concerns regarding withdrawal options. Common complaints include limited withdrawal methods, which may impact user satisfaction. Complaints are primarily sourced from user reviews on various trading forums and platforms. The broker appears to address complaints promptly, though specific response times are not detailed. There is no evidence of repetitive or large-scale complaints, nor have there been any regulatory penalties or warnings reported concerning withdrawal issues. Overall, IMS Markets maintains a solid reputation with no significant public complaints.
Frequently Asked Questions
A1: Yes, IMS Markets is a legitimate broker regulated by the Cyprus Securities and Exchange Commission (CYSEC). Established in 2019, it operates under the name INITIAL MERIT SECURE LTD and is authorized in 15 countries, ensuring compliance with regulatory standards.
A2: IMS Markets prioritizes client fund protection by holding client funds in independently regulated bank accounts, separate from its own assets. This segregation of funds is compliant with CYSEC regulations, enhancing the safety of traders’ investments.
A3: While user feedback on IMS Markets is mostly positive, some clients have expressed concerns regarding limited withdrawal options. However, there is no evidence of large-scale complaints or regulatory penalties related to withdrawal issues.
A4: You can contact IMS Markets for support via phone at +357 25057221 or by emailing info@imsmarkets.com. They also have a physical office located at 3 Pythagora Street, Pythagoras Court, 4th Floor, Limassol, Cyprus.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.