General Information
Established In 2020, IPromarkets Is An Online Forex Broker Registered In Cyprus, Offering Trading Services For A Range Of Trading Instruments, E.g. Stocks, Commodities, Indices, Bonds. With The IPromarkets Platform, Offering Three Trading Accounts, As Well As A Demo Account.
IPromarkets Claims That It Is A Registered Brand Of Trinity Capital LLC And Is Licensed By The Financial Services Authority Of Saint Vincent And The Grenadines With Authorization Number 450 LLC 2022.
Is IPromarkets Safe To Trade?
On The Regulatory Front, IPromarkets Has Clearly Let Us Down. It Has Been Confirmed That The Broker Is Not Authorized Or Regulated By Any Regulatory Authority, Which Is Also The Reason Why Its Regulatory Status Is Marked As "unlicensed".
Market Instruments
With The IPromarkets Platform Four Categories Of Trading Assets Are Available: Indices, Stocks, Bonds And Cryptocurrencies.
Account Types
In Addition To Demo Accounts, Three Real Trading Accounts Are Available With The IPromarkets Platform, Namely Standard, VIP, Platinum.
The Minimum Initial Deposit Required For Each Account Seems To Be Quite High Compared To The Requirements Of Its Peers. To Open A Most Basic Standard Account, You Need To Deposit At Least $3000, Which Is Unaffordable For The Average Trader.
VIP And Platinum Accounts Are More Demanding At $10,000 And $25,000 Respectively.
Leverage
There Is No Mention Of Trading Leverage Information. Since Leverage Can Amplify Both Gains And Losses, It Is Important For Traders To Choose The Appropriate Amount With Which They Feel Most At Ease.
Spreads And Commissions
Curiously, IPromarkets Does Not Disclose Its Spreads And Commissions Charged.
Trading Platform
Speaking Of Trading Platforms, IPromarkets Offers Clients Access To The Leading Mt4 Trading Platform, Which Is Accessible Via Web, Desktop And Mobile Devices.
MT4 Is One Of The Most Popular Trading Platforms In The World, With Powerful Charting Tools, Multiple Technical Indicators, And More.
Some Of The Features And Functions Of The MT4 Trading Platform Include:
Easily Accessible
Intuitive Interface
Technical Analysis
Fully Configurable
EA Supports
Deposits And Withdrawals
The Homepage Of The IPromarkets Official Website Shows The Logos Of Some Payment Processors, Including Visa, Mastercard, Airmontel Et, Mtn, Tigo Pesa. We Don't Know If These Payment Methods Are Actually Feasible.
CUSTOMER SUPPORT
Traders With Any Questions Or Trading Related Issues Can Contact This Broker By Phone And Email. Here Are The Contact Details:
Tel: + 357 25 262652 (English), + 61 870 783 607 (English), + 420 704 917 479 (Vietnamese)
Email: Support@ipromarkets.com
WeChat: 420 704 917 479