IM Markets Review 2026

Item: IM Markets
Rating: 5.54
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: May 13, 2026

Top Brokers Overview — United States

Min. deposit $1
Fees 8 /10
Account types 6.3 /10
Regulation 8.2 /10

5.5 /10

Moderate risk

IM Markets User Reviews 7.3
Commissions and Fees 8.0
Regulation and Safety 8.2
Account Types 6.3
Deposit and Withdrawal 5.3
Markets and Tradable Assets 6.3
Trading Account Opening 8.0
Customer Support 5.0

IM Markets Pros & Cons

No minimum deposit requirement;
A wide range of trading instruments;
ECN, STP, and Demo accounts;
A versatile platform for active trading and social trading;
Bonuses for new and existing clients;
Account funding and withdrawals without brokerage fees;
Trading with leverage up to 1:1,000.

High spreads, which result in high trading fees;
Registration in an offshore zone, where Forex brokers are not regulated;
Lack of cent accounts and swap-free Islamic accounts.

TU Expert Verdict

IM Markets demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

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IM Markets User Reviews

Score:

7.3 /10

3 total

5-star

33%
4-star

0%
3-star

67%
2-star

0%
1-star

0%

After testing the demo account with IM Markets, I decided to open a live account. However, when I was opening the account, I didn't see the option to choose the currency. I contacted technical support with this issue. A company manager called me, clarified my request, and within 20 minutes, my account currency was changed from USD to EUR, as I had requested. I had no issues with identity verification as it was straightforward and followed the standard procedure.
I wouldn't call IM Markets' spreads particularly low. I would consider them average. Spreads of 1.5-3 pips on major pairs are standard. I'm fine with these amounts, especially since there are no additional fees on trades.

I switched to IM Markets from a broker that froze my funds, so I was initially skeptical. However, IM Markets has consistently fulfilled its commitments both in trading and payments. I haven’t received my money within 2 minutes as advertised on their website, but if I submit a withdrawal request before noon on a weekday, the funds usually arrive within 1-3 hours. The trading conditions IM Markets offers are reasonable, and I’m satisfied with the margin requirements. Occasionally, the trading platform freezes, but this is a common issue with most web platforms, even MT5 can lag in the browser. Overall, the broker does a decent job.

I got familiar with the IM Markets trading platform interface in just a few minutes because everything is simple and clear. After testing the signals for social trading, I decided to trade on my own since the signals didn’t always work 100%. The broker regularly offers new bonus programs. For example, right now, you can trade commodities without swap charges. Market news is streamed directly on the platform, and it also includes an economic calendar. IM Markets doesn’t adjust orders at their discretion and processes withdrawals reliably.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of IM Markets have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of IM Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, IM Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

IM Markets Standard spreads
	IM Markets	OANDA	FOREX.com
EUR/USD min, pips	2.0	0.1	0.7
EUR/USD max, pips	2.7	0.5	1.2
GPB/USD min, pips	2.3	0.1	0.9
GPB/USD max, pips	3.1	0.5	1.4

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

IM Markets RAW/ECN spreads
	IM Markets	OANDA	FOREX.com
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).		3.5	5
EUR/USD avg spread	0.2	0.15	0.2
GBP/USD avg spread	0.3	0.2	0.4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with IM Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

IM Markets Non-Trading Fees
	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0-15	0
Inactivity fee ($, per month)	0	15

Is IM Markets Safe?

Score:

8.2 /10

IM Markets has a safety score of 8.2/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated

No negative balance protection

IM Markets Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
NFA	Full Name National Futures Association	Country of regulation United States	Investor Protection Fund No specific fund	Regulation Level Tier-1
SVG FSA	Full Name Financial Services Authority of St. Vincent and the Grenadines	Country of regulation St. Vincent and the Grenadines	Investor Protection Fund No specific fund	Regulation Level Tier-3

IM Markets Security Factors
Foundation date	-
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

6.3 /10

IM Markets offers the following account options: Demo, Standard, ECN/Raw spread.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Standard account with balanced trading conditions
Tight spread ECN account
Low minimum deposit

No Swap Free account
No VIP account option

IM Markets account types vs top competitors
	IM Markets	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

IM Markets accounts trading conditions

To access the trading platform and make a deposit, a trader must open one of the accounts offered by IM Markets. The broker provides three types of accounts, each varying in terms of fee and leverage. IM Markets has no minimum deposit requirement - it can be as low as 1 unit of the account's base currency.

Account Types:

Account Type	Description
Standard	Basic account type designed for beginners, with maximum leverage of 1:100, and with spreads starting from 2 pips;
STP	Accounts with tighter spreads compared to Standard accounts, starting from 1.2 pips. Leverage available up to 1:100;
Live	Accounts operating under an ECN model. Spreads start from 0.1 pips, with leverage up to 1:1,000. An additional trading fee applies for each closed lot.

A demo account can also be opened on the trading platform. Key parameters are: leverage id up to 1:100 and a virtual deposit of up to $10,000.

The variety of accounts is a significant advantage of IM Markets over other brokers. Traders can choose the account type that best suits their needs rather than having to adapt to available options.

Deposit and Withdrawal

Score:

5.3 /10

IM Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

IM Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Minimum deposit below industry average
Bank wire transfers available
No withdrawal fee
Low minimum withdrawal requirement

Limited deposit and withdrawal flexibility, leading to higher costs
BTC payments not accepted
PayPal not supported

What are IM Markets deposit and withdrawal options?

IM Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, USDT.

IM Markets Deposit and Withdrawal Methods vs Competitors
	IM Markets	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	No	No

What are IM Markets base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. IM Markets supports the following base account currencies: USD, EUR.

What are IM Markets's minimum deposit and withdrawal amounts?

The minimum deposit on IM Markets is $1, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact IM Markets’s support team.

Markets and Tradable Assets

Score:

6.3 /10

IM Markets provides a standard range of trading assets in line with the market average. The platform includes 700 assets in total and 42 Forex currency pairs.

42 supported currency pairs
Crypto trading
700 assets for trading

No ETFs
Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by IM Markets with its competitors, making it easier for you to find the perfect fit.

	IM Markets	Trading.com	Plus500
Currency pairs	42	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	700	69	2800
Stocks	No	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products IM Markets offers for beginner traders and investors who prefer not to engage in active trading.

	IM Markets	Trading.com	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	Yes	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with IM Markets in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at IM Markets is $1.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

IM Markets account opening
	IM Markets	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$1	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	5
KYC time (days)	2	2	3

Is IM Markets available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

IM Markets offers a straightforward process for account registration and setting up a user account. Here are the steps:

Visit the official IM Markets website, select your preferred language, and click "Register." If the broker's services are not available in your country, you won't be able to register. The list of unsupported countries can be found in the website footer.
Select the account type, create and enter a password, and provide your email address. After confirming your email by clicking the link in the broker's email, you can log in to your user account. The login credentials required are your email address and the previously set password.
Available options in the IM Markets user account include:
- Opening a trading account..
- Access the trading platform to execute trades..

Additional features of IM Markets’ user account allow traders to:

Upload document scans for identity verification;
Open demo accounts and trade on them;
Make deposits, transfer funds between accounts, and request profit withdrawals;
Register as an IB partner, view referral statistics, and check rewards;
Connect to copy trading services and trading signals;
Customize settings: enable two-factor authentication, change passwords, and manage notifications.

Customer Support

Score:

5 /10

Customer support at IM Markets is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. IM Markets provides basic support functionality but does not stand out in overall service performance.

Information

The broker's website does not provide the support service's working hours. However, support is unavailable on Saturdays and Sundays, as our questions asked in the chat during this time were ignored.

Online chat available

Few contact channels
Limited chat availability

IM Markets offers two primary contact methods:

Online chat on the website;
Email.

The company also has profiles on Facebook, Instagram, and a YouTube channel, but these are not intended for technical support.

Contacts
Registration address	IM Markets LLC, Saint Vincent and the Grenadines
Official site	https://im-markets.com/
Contacts	support@im-markets.com

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FAQs

How is IM Markets regulated and what does its safety score indicate?

IM Markets has a safety score of 8.2/10, which corresponds to a high security level in this review. It is regulated by the National Futures Association (NFA) in the United States as a Tier-1 regulator and by the SVG FSA in St. Vincent and the Grenadines as a Tier-3 regulator, but it does not offer negative balance protection or participation in a specific investor compensation fund, and its foundation date is not specified in the section.

What types of trading accounts does IM Markets offer and how do they differ?

According to this section, IM Markets offers Standard, STP, and Live (ECN) accounts, as well as a demo account. The Standard and STP accounts provide leverage up to 1:100 with spreads starting from 2 pips and 1.2 pips respectively, while the Live ECN account offers spreads from 0.1 pips with leverage up to 1:1,000 and an additional trading fee per closed lot; there is no Cent, Micro, Swap Free, VIP, or managed account option, and the minimum deposit can start from 1 unit of the base currency.

What do user reviews and feedback say about IM Markets overall?

Based on available user reviews, IM Markets has a user satisfaction score of 7.3/10 from 3 reviews. The rating distribution shows 33% of reviews are 5-star and 67% are 3-star, indicating a generally mixed perception among reviewers.

What markets and tradable assets are available at IM Markets and what feedback is there on its range?

The section states that IM Markets offers 700 total tradable assets, including 42 forex currency pairs, crypto, stock indices, and commodity futures, but does not provide access to stocks, bonds, or options. It also notes that copy trading is available, while ETFs, PAMM investing, and managed accounts are not offered; the overall range is described as standard and in line with the market average in this review.

How do users describe the IM Markets account opening process in reviews and feedback?

The review notes that IM Markets offers a fully online registration process with a minimum deposit of $1, and the test registration was completed in 20 minutes with KYC verification taking 2 business days. It is described as one of the more accessible onboarding procedures in this review, although it is also mentioned that account approval and registration may sometimes take longer depending on documentation and other factors.