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5-10 years Regulatory Index 0.00
Business Index 6.90
Risk Management Index 0.00
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Saint Vincent and the Grenadines
sfxvn.com salmamarket.asia| SalmaMarkets Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Forex, Indices, Commodities Metals, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | up to 1:1000 |
| Spread | / |
| Trading Platform | MT4 |
| Minimum Deposit | $1 |
| Customer Support | Contact form |
| Email: support@salmamarkets.com | |
| Tel: +62 822-6226-2076 | |
| Social Media: Facebook, YouTube | |
| WhatsApp: +44 7389 102555 | |
| Registered Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines | |
| Physical Address : Jl. Smpn 1 Cileunyi Komplek Haruman Asri No. AA4 Cileunyi Bandung Jawa Barat Indonesia | |
| Regional Restriction | the USA, Canada, Sudan, Syria, North Korea |
Founded in 2024, SalmaMarkets is an unregulated broker registered in Saint Vincent and the Grenadines. SalmaMarkets provides forex, indices, commodities, metals, and cryptocurrencies to trade. It offers one type of account and a demo account, with a minimum deposit of $1 and leverage up to 1:1000 on the MT4 platform. However, it does not offer services to residents from the USA, Canada, Sudan, Syria and North Korea.
| Pros | Cons |
| Various trading products | No regulation |
| Low minimum deposit | Regional restriction |
| Demo account available | Only one account type |
| MT4 support | |
| Multi-lingual support | |
| Promotions offered |
No, SalmaMarkets is not regulated. Please be aware of the risk!
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Account | Minimum Deposit | Swap | Stop out |
| STP | $1 | Free | 30% |
The leverage can be up to 1:1000, which is relatively high. Traders need to consider carefully before investing, since the use of leverage can both maximize profits and increase risks.
| Balance value (USD) | Leverage Offered |
| 0 – 499 | 1:1000 |
| 500 – 999 | 1:700 |
| 1.000 – 1.499 | 1:500 |
| 1.500 – 1.999 | 1:300 |
| More than 2.000 | 1:200 |
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Customers can access their funds through the below offline banks and some e-wallets, such as Fasapay, Neteller, and Wire Transfer.
On Friday, Japan's Finance Minister, Shunichi Suzuki, said that the market should set currency exchange rates according to economic fundamentals. He made this statement after the Yen fell to its lowest level in six months against the dollar.
Finance leaders of the Group of Seven nations warned of heightening global economic uncertainty on Saturday as they wrapped up a three-day meeting overshadowed by a US debt ceiling stalemate and the fallout from Russia's invasion of Ukraine.
Fed approves 0.25% hike, softening rate increases again. The Fed has raised interest rates to cut prices but the move risks a recession.
The UK economy is set to contract this year yet avoid a technical recession due to the changing global developments and support measures taken by the government, Chancellor Jeremy Hunt said in his budget speech on Wednesday.
Given the highly fluctuating and unpredictable market, especially for beginners, we will focus on handling that while also providing other important knowledge here. Here is a guide that can help you become a successful forex trader:
Loss and profit is pair that are always there in forex trading.
The spread information is not clearly stated by SalmaMarkets, so traders should be aware that the exact spread could vary or may not be disclosed upfront.
No, SalmaMarkets does not charge any fees for deposits.
SalmaMarkets does not provide specific details about withdrawal methods. It is recommended to contact their customer support for more information on available options.
The withdrawal processing time is not mentioned, so traders should reach out to SalmaMarkets' support for more clarity on withdrawal times.
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