According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $50
- MetaTrader5
- CySEC
Our Evaluation of IMS Markets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
IMS Markets is a moderate-risk broker with the TU Overall Score of 5.68 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by IMS Markets clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
IMS Markets offers competitive trading conditions on all account types. The minimum deposit is acceptable, and fees and commissions are approximately at the level of top platforms. Trade size starts from 0.01 lots, leverage is flexible, and the MT5 platform has proven itself. Order execution is prompt. The broker provides maximum protection of funds and trader data, being a member of the Investor Compensation Fund. Multilingual technical support is prompt and qualified. However, there is a lack of transparency regarding withdrawal fees and a few other aspects. Novices won't receive education, and experienced traders won't have access to current news and analytical tools.
Brief Look at IMS Markets
Clients of IMS Markets trade CFDs on currency pairs, indices, and commodities. Trading is conducted through the popular MetaTrader 5 platform. Traders are offered a free demo account and three live accounts such as Classic, Gold, and Premium. They differ in the minimum deposit, spreads, and commissions. Deposits start from $50, $500, or $1,000. Average spreads are 0.5-2 pips, with commissions starting from $4 per lot. The maximum leverage for regular users is 1:30, while professionals can apply for increased leverage. All major deposit and withdrawal methods are available. There is no alternative income opportunity, nor any analytical tools. Additionally, there is no education or bonuses. Technical support is available 24/5.
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- Traders can open a demo account free of charge, with a minimum deposit of only $50 for the Classic account.
- Funds can be deposited via bank transfer, Visa, Mastercard, Neteller, and Skrill, with the same methods available for withdrawals.
- Competitive spreads and trading commissions, optimal leverage, which can be increased.
- The broker allows all trading strategies and methods, from hedging to using advisors.
- The MT5 trading platform is easy to use, with an intuitive interface and extensive functionality.
- The platform is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).
- All major communication channels with technical support are available, with managers accessible on weekdays at any time.
- Only three asset types are available, with few trading instruments overall.
- The company charges fees for withdrawals, but there is no specific information about them on the website.
- There are very few additional features, with a notable absence of passive income, education tools, newsfeeds, or analytics.
TU Expert Advice
Author, Financial Expert at Traders Union
IMS Markets, a CFD-focused platform, provides trading services on MetaTrader 5 with three live account types: Classic, Gold, and Premium. The company offers trading Forex pairs, indices, and commodities with competitive spreads starting at 0.5 pips and leverage up to 1:30 for regular traders. Its clients can start with a minimum deposit of $50, and deposit/withdrawal methods include bank transfers, Visa, Mastercard, Neteller, and Skrill. IMS Markets is regulated by CySEC, ensuring a certain degree of safety, and technical support is accessible 24/5 with multilingual service.
However, drawbacks include limited asset selection, non-transparent withdrawal fees, and the lack of educational resources and analytical tools, which may not satisfy traders seeking comprehensive strategies or training assistance. Given these limitations, IMS Markets may be more suitable for traders comfortable with its narrow focus and existing product offerings and less ideal for those who seek broader resources and instruments such as stock trading or advanced analytics tools.
IMS Markets Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. IMS Markets Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | MetaTrader 5 |
|---|---|
| 📊 Accounts: | Demo, Classic, Gold, Premium |
| 💰 Account currency: | USD, EUR, GBP |
| 💵 Deposit / Withdrawal: | Bank transfer, Visa, Mastercard, Neteller, and Skrill wallets |
| 🚀 Minimum deposit: | $50 |
| ⚖️ Leverage: | Up to 1:30 (1:200) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,5 pips |
| 🔧 Instruments: | CFDs on currency pairs, indices, and commodities |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market |
| ⭐ Trading features: |
Free demo + three live accounts, Acceptable minimum deposit, The pool of the platform consists exclusively of CFDs, Reasonable trading fees, flexible leverage, and No restrictions on trading strategies and methods |
| 🎁 Contests and bonuses: | Yes (TU rebates) |
The broker offers three live accounts, and since the conditions on them vary significantly, each has its minimum deposit requirement. Opening a Classic account requires depositing $50. For Gold, $500 at the start is sufficient, while the minimum deposit for Premium is $1,000. These are reasonable requirements. The flexible leverage of up to 1:30 also appears adequate. This maximum leverage is applicable for CFDs on currency pairs; for other asset types, leverage is up to 1:10. Leverage can be increased up to 1:200 by providing evidence of trading competence to the platform. Client service is available 24/5. You can contact them by phone, email, or through tickets on the website.
IMS Markets Key Parameters Evaluation
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Trading Account Opening
To start working with IMS Markets company, perform several actions on its official website like registering, undergoing verification, and opening a live account. Also, deposit funds and install the MT5 trading platform. The process is quite standard, yet questions may arise at some steps. To help traders avoid difficulties, TU experts have prepared the detailed guide below. They also explain the main features of the trader's user account.
Go to the broker's official website. In the upper right corner, choose the language of the interface which is either English or Spanish. Click the "Open Live Account" button.
Enter your first and last name, country of residence, email address, and phone number. Also, create a password and enter it twice. Choose the account currency USD, EUR, or GBP. Check the box agreeing to the terms of cooperation. Click "Register".
You will receive an email to the email address provided earlier. Follow the link to confirm your account.
Log in to the user account by entering your email and password.
Next, provide detailed information about yourself and answer several questions about finances, work experience, etc.
Undergo verification by uploading your passport or local ID document.
Once your data is confirmed, go to the "Trading Accounts" section. Register a Classic, Gold, or Premium account. There is also an option to start with a demo.
Go to the "My Wallet" section. Deposit funds to start trading. The minimum amount depends on the chosen account type. Use the payment method that suits you. Follow the on-screen instructions.
You can download the MT5 platform in the corresponding section of the user account or on the website of this solution. After that, install and launch it. Enter your registration details. Start trading.
Your IMS Markets user account also provides access to:
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Open and close accounts, either live or demo.
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Deposit and withdraw profits.
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Provide and change personal and financial information.
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Verification process.
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Download the suitable version of the MT5 trading platform.
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Contact technical support.
Regulation and safety
IMS Markets has a safety score of 8/10, 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
IMS Markets Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 CySec |
Cyprus Securities and Exchange Commission | Cyprus | Up to €20,000 | Tier-1 |
IMS Markets Security Factors
| Foundation date | - |
| Negative balance protection | No |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker IMS Markets have been analyzed and rated as Medium with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of IMS 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, IMS 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.
IMS Markets Standard spreads
| IMS Markets | Pepperstone | OANDA | |
| EUR/USD min, pips | 2,0 | 0,5 | 0,1 |
| EUR/USD max, pips | 2,3 | 1,5 | 0,5 |
| GPB/USD min, pips | 2,4 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,9 | 1,4 | 0,5 |
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.
IMS Markets RAW/ECN spreads
| IMS Markets | Pepperstone | OANDA | |
| Commission ($ per lot) | 4,0 | 3 | 3,5 |
| EUR/USD avg spread | 0,5 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,7 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with IMS Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
IMS Markets Non-Trading Fees
| IMS Markets | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
The first task is to choose the optimal account type. IMS Markets offers three types of accounts, differing in key parameters such as minimum deposit, spreads, and trading commissions. The minimum deposit on the Classic account is only $50 or its equivalent. However, it has the highest average spread of 2 pips. The commission is $5 per lot, which is a reasonable figure. Gold offers reduced spreads, on average, 0.5 pips, but the commission of $8 per lot is higher. The minimum deposit requirement is also increased to $500. The largest initial deposit is on the Premium account which is a minimum of $1,000. The spreads are approximately the same as on Gold, with a commission of $4 per lot. It's evident that when choosing, the trader needs to consider their trading priorities and ambitions. There is only one MT5 trading platform offered, and the only task is to customize it to one's preferences. It's also important to choose the most suitable leverage size for the preferred trading strategy.
Account types:
Most traders start by opening a demo account. This is logical, as it allows testing the broker in action while simultaneously testing one's trading strategies. Beginners can engage in practical self-education without risking real funds. Then the user opens a Classic, Gold, or Premium account and starts making full-fledged trades.
Deposit and withdrawal
IMS Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
IMS Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Low minimum withdrawal requirement
- Bank card deposits and withdrawals
- No withdrawal fee
- Bank wire transfers available
- Limited deposit and withdrawal flexibility, leading to higher costs
- Wise not supported
- BTC payments not accepted
What are IMS Markets deposit and withdrawal options?
IMS 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, Skrill, Neteller.
IMS Markets Deposit and Withdrawal Methods vs Competitors
| IMS Markets | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are IMS Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. IMS Markets supports the following base account currencies:
What are IMS Markets's minimum deposit and withdrawal amounts?
The minimum deposit on IMS Markets is $50, 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 IMS Markets’s support team.
Markets and tradable assets
IMS Markets offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 55 Forex pairs.
- Crypto trading
- Copy trading platform
- 55 supported currency pairs
- No ETFs
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by IMS Markets with its competitors, making it easier for you to find the perfect fit.
| IMS Markets | Plus500 | Pepperstone | |
| Currency pairs | 55 | 60 | 90 |
| Total tradable assets | 2800 | 1200 | |
| Stocks | No | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products IMS Markets offers for beginner traders and investors who prefer not to engage in active trading.
| IMS Markets | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
A trader may need consultation from the broker's specialists at any time if the trader has not found important information on the website, misunderstood some aspects of cooperation, or encountered a problem or an atypical trading situation. Without a prompt, comprehensive solution, the user is often disappointed in the website and may think about leaving it. IMS Markets tries to prevent this by offering qualified 24/5 support.
Advantages
- There are three main channels of communication available by phone, email, and website tickets
- Managers are experienced and friendly
Disadvantages
- Inquiries left on weekends or holidays will not be processed until the next business day
The client support team assists both existing clients of the company and those traders who are considering the possibility of cooperation.
The broker provides the following communication channels:
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Phone;
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Email;
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Tickets on the page.
The company is also present on LinkedIn, Facebook, Instagram, and YouTube. You can ask your question there as well. Specialists thoroughly review all messages and provide consultations if necessary.
Contacts
| Registration address | 3 Pythagora Street, Pythagoras Court, 4th Floor, Limassol 3027, Cyprus |
|---|---|
| Regulation | CySEC |
| Official site | https://www.imsmarkets.com |
| Contacts |
+357 25 057221
|
Education
Not all traders come to brokers well-prepared. That's why some platforms provide a small knowledge base to give beginners a chance at successful trading. Some even create educational programs and conduct webinars. IMS Markets, on the other hand, only offers a selection of articles.
The lack of educational programs cannot be considered a critical drawback. After all, the broker is not obliged to teach anything to its clients. Its task is to provide them with comfortable and profitable trading conditions. In this regard, IMS Markets succeeds. And one can always obtain basic knowledge from external resources.
Comparison of IMS Markets with other Brokers
| IMS Markets | Bybit | Eightcap | XM Group | NPBFX | Kama Capital | |
| Trading platform |
MetaTrader5 | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4 | MetaTrader5 |
| Min deposit | $50 | No | $100 | $5 | $10 | No |
| Leverage |
From 1:1 to 1:30 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:200 to 1:1000 |
From 1:1 to 1:400 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0.5 points | From 0 points | From 0 points | From 0.8 points | From 0.4 points | From 0 points |
| Level of margin call / stop out |
No | No / 50% | 80% / 50% | 100% / 50% | No / 30% | 20% / No |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Instant Execution, Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | No | Yes |
Detailed Review of IMS Markets
IMS Markets applies modern trading developments, ensuring uninterrupted work for its clients 24/5. Collaboration with first-tier liquidity providers results in low trading costs. Virtual dedicated servers guarantee fast order execution and minimize slippage. Traders' funds and data are securely protected. SSL protocols are used to encrypt internet connections, and funds are held in segregated accounts in reputable banks. There is negative balance protection that prevents the account from going into the negative. Additionally, the broker participates in the Cyprus Investor Compensation Fund (ICF).
IMS Markets by the numbers:
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The minimum deposit is $50.
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There are 3 CFD groups and over 60 assets.
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Average spread on Gold and Premium accounts is 0.5 pips.
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Maximum trading commission is $8 per lot.
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Support is active 24/5.
IMS Markets is a CFD broker for traders of all levels
The company's pool includes only contracts for difference, and there aren't many of them yet. However, new ones are constantly being added, and with a reasonable approach, the existing quantity is sufficient to create a diversified portfolio. In it, the negative trend of one asset is successfully offset by stable and progressing positions in others. As for the trading process, IMS Markets imposes no restrictions. All strategies and methods such as scalping, hedging, trading on news events, and the use of advisors are allowed. The minimum trade size is 0.01 lots, and the maximum is unlimited. A demo account is available, allowing novice traders to practice before making real trades. Professionals, on the other hand, receive proper conditions for successful trading.
IMS Markets’ analytical services:
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Multilingual and localized support. Managers handle inquiries in English, Spanish, and a few other languages, providing prompt and competent responses.
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Increased leverage. The broker limits the maximum leverage size for regular traders to 1:30. However, if professional classification is confirmed, the leverage can be increased. Up to 1:200.
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Meta Trader 5. The platform includes a vast array of tools for technical and fundamental analyses, as well as free indicators. It is intuitive, with a user-friendly interface.
Advantages:
The broker offers three account currencies USD, EUR, GBP, and all major deposit/withdrawal methods.
Free demo and a deposit starting from $50 on a Classic live account provide a low entry threshold.
Spreads and trading commissions are not inflated, and trades on most assets are executed with minimal expenses.
The platform has high-order execution speeds and stable operation.
The company's client service supports three main communication channels and is available round the clock on weekdays.
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