IM Markets Review 2026

Logo IM Markets
Top Brokers Overview — United States
How we tested IM Markets

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

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.

IM Markets is a global CFD broker that launched in April 2023. It offers trading services to clients worldwide, except for certain restricted jurisdictions like the U.S., Spain, Japan, Egypt, and others. Based in Saint Vincent and the Grenadines (registration number 3050LLC2023), IM Markets provides access to a range of tradable assets through its Match Trader web platform. These include major and minor currency pairs, CFDs on blue-chip stocks, major indices, popular cryptocurrencies, and key commodities. The broker offers STP (Straight Through Processing) and ECN (Electronic Communication Network) accounts to cater to different trading styles. Clients can leverage their positions up to 1:1,000, and IM Markets also features a social trading platform for those who want to follow and learn from successful traders.

TU Expert Verdict

Chief Analytics Officer

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.

IM Markets provides access to trading Forex, stock CFDs, indices, commodities, and cryptocurrencies through its proprietary Match Trader web platform. Launched in April 2023 and registered in Saint Vincent and the Grenadines, it caters to a global client base outside the U.S., Spain, Japan, and a few other jurisdictions. The broker supports Standard, STP, ECN, and demo accounts, with leverage up to 1:1,000 and no minimum deposit. Users benefit from free deposits and withdrawals, copy trading, and bonus programs, while spreads and commission structures vary by account type.

Drawbacks include registration in an offshore location, which means there is no effective regulatory oversight or investor compensation scheme. Other disadvantages are relatively high spreads on Standard accounts, absence of cent and swap-free accounts, lack of negative balance protection, and limited customer support options. IM Markets may suit experienced traders looking for higher leverage and flexible onboarding, but may not be suitable for those prioritizing robust regulation or a low-cost structure.

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IM Markets User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
7.3 /10
3 total
  • 5-star
    33%
  • 4-star
    0%
  • 3-star
    67%
  • 2-star
    0%
  • 1-star
    0%
Billculbard3792
2 years ago

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.

Thicha
2 years ago

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.

hafez969
2 years ago

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.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    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
    IM Markets OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 0 0 15
  • Is IM Markets Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    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
    NFANFA Full Name National Futures Association Country of regulation United States Investor Protection Fund No specific fund Regulation Level Tier-1
    SVG FSASVG 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:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    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
    • Low minimum deposit
    • Demo account
    • Micro lots are not available
    • 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
    No
    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:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    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.

    • No withdrawal fee
    • Bank wire transfers available
    • USDT (Tether) supported
    • Minimum deposit below industry average
    • BTC not available as a base account currency
    • Limited deposit and withdrawal flexibility, leading to higher costs
    • Only major base currencies available

    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:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    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.

    • 700 assets for trading
    • Indices trading
    • 42 supported currency pairs
    • 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:
    We evaluated Trading Account Opening at IM Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    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.

    • Low minimum deposit requirement
    • Fully online account opening process
    • 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
    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:
    We evaluated Customer Support at IM Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    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

What commissions and fees does IM Markets charge for trading and account maintenance?

IM Markets is rated as having low overall fees, with a fees score of 8/10 and a safety score of 8/10 in this category. Standard accounts have floating spreads, with typical EUR/USD spreads between 2.0–2.7 pips and GBP/USD between 2.3–3.1 pips, while ECN/RAW accounts show average spreads of 0.2 pips for EUR/USD and 0.3 pips for GBP/USD plus a commission per lot. Non-trading fees are limited, as the broker lists 0% deposit and withdrawal fees and no inactivity fee.

What types of trading accounts are available at IM Markets and how do they differ?

IM Markets offers Standard, STP, and Live (ECN) accounts, along with a demo account, and has no fixed minimum deposit, which can start from 1 unit of the base currency. The Standard account has leverage up to 1:100 with spreads from 2 pips, STP accounts offer tighter spreads from 1.2 pips with the same leverage, and Live ECN accounts provide spreads from 0.1 pips with leverage up to 1:1,000 plus an additional fee per closed lot. The broker does not provide Cent, Micro, Swap Free, VIP, or managed accounts, which may limit options for some users.

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

The user satisfaction score for IM Markets is 7.3/10, based on 3 reviews, with 33% of ratings at 5 stars and 67% at 3 stars. This distribution suggests a mixed overall impression, where some users report high satisfaction while others view the service as average. According to user reviews, experiences are not uniformly positive or negative.

Which markets and tradable assets are available at IM Markets?

IM Markets provides access to 700 tradable assets, including 42 Forex currency pairs, crypto, stock indices, and commodity futures, but does not offer stocks or options. The broker also does not provide bonds or ETFs, though it supports copy trading as an additional investment option. These features are described as a standard range of assets in line with the market average, with a safety score of 6.25/10 for this category.

What do reviews say about the IM Markets trading account opening process?

The account opening process at IM Markets is fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days. The minimum deposit is $1, which makes initial funding relatively accessible. Feedback in this section notes that while the process is generally straightforward, registration and approval times may be longer depending on documentation and individual circumstances.

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