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Salma Markets

Saint Vincent and the Grenadines|2-5 years|
High potential risk|

http://www.salmamarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
SalmaMarkets-Live MT4
Server Location Japan

Contact

+44 7389 102555
support@salmamarkets.com
http://www.salmamarkets.com/
Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-10-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Salma Markets · WikiFX Survey

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Salma Markets · Company Summary

Salma Markets was founded by Salma Markets (SV) LLC in 2014. It provides multiple trading assets, including Forex, Metals, Indices, Commodities and Cryptos. Its high leverage is up to 1:3000, which is competitive in the market. However, it is not regulated and supervised by any regulations.

Salma Markets' homepage

Pros and Cons

Pros Cons
High leverage up to 1:3000Not regulated
Rebate Bonus up to 50%Limited account types
Various trading assetsLack of transparency
Popular trading platform MT4
Low minimum deposit $1
24/5 customer support

Is Salma Markets Legit?

Salma Markets is not regulated by any financial institutions, even the local authority Financial Services Authority (FSA). It appears that Salma Market does not need to disclose its information and accept supervision.

No license

What Can I Trade on Salma Markets?

Tradable Instruments Supported
Forex
Metals
Indices
Commodities
Cryptos
ETFs
Options

Account Type

STP account is the only account provided by Salma Markets. The minimum deposit requirement is only 1 USD. It also offers demo accounts that traders can practise their investments.

STP account overview

Leverage

The leverage of Salma Markets varies with different balance values. The maximum leverage is up to 1:3000. Traders should be prudential to their trading. High leverage comes with high profits. However, there are also high losses accompanying.

Leverage details

Fees

Salma Markets offers free SWAP and commission, which is competitive in the market.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Windows, Android, IOSBeginners

Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositFees Processing Time
BCA / Mandiri/ BNI/ BRI/ OCBC/ CIMB$1Instant
FASAPAY / NETELLER$50
WIRE TRANSFER$1001 – 5 business days
RHB BANK/ MAYBANK/ PUBLIC BANK / HONG LEONG$10Instant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
BCA / Mandiri/ BNI/ BRI/ OCBC/ CIMB$51-2 hours during financial department business hours (max 48 hours)
RHB BANK/ MAYBANK/ PUBLIC BANK / HONG LEONG$15
FASAPAY$50
NETELLER2% (min $1, max $30)
WIRE TRANSFER$1000.2% (min $30)1 – 5 business days
Deposit and Withdrawal 1
Deposit and Withdrawal 2

Customer Service

Contact Options Details
Phone +44 7389 102555
Email support@salmamarkets.com
Support Ticket System
Online Chat 24/5
Social Media Facebook, Instagram, YouTube
Supported Language English, Bahasa Indonesia and Tiếng Việt
Website Language English, Bahasa Indonesia and Tiếng Việt
Physical Address Jl. smpn 1 cileunyi Komplek haruman asri no.AA4 Cileunyi Bandung Jawa Barat 40621 Indonesia

The Bottom Line

To sum up, Salma Markets is not worth trading. Its leverage is much higher than the other brokers. It seems like a scam. Besides, it only offers a single account type. And the absence of regulation can bring many potential risks for traders. Traders should be cautious when they choose a broker.

FAQs

Is Salma Markets safe?

No, its very dangerous for trading because it lacks valid regulation.

Is Salma Markets a good for beginners?

No, safety comes first for beginners. Salma Markets is not regulated.

What kind of trading platform does Invest-River offer?

The most popular trading platform MT4.

Broker Information

Company Name

Salma Markets (SV) LLC

Abbreviation

Salma Markets

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Company address
  • Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.

  • RM 1501 Millennium City 5 418 Kwun Tong Road Kwun Tong, Hong Kong.

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@salmamarkets.com

Company Summary

Review

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