Score
Saint Vincent and the Grenadines
|
5-10 years
| http://www.salmamarkets.com/
Website
Rating Index
MT4/5
Full License
SalmaMarkets-Live
Influence
D
Influence index NO.1
Indonesia 2.60
MT4/5 Identification
Full License
JapanInfluence
D
Influence index NO.1
Indonesia 2.60
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Indonesia salmamarkets-trade.com salmamarkets.comSalma 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.
| Pros | Cons |
| High leverage up to 1:3000 | Not regulated |
| Rebate Bonus up to 50% | Limited account types |
| Various trading assets | Lack of transparency |
| Popular trading platform MT4 | |
| Low minimum deposit $1 | |
| 24/5 customer support |
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.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryptos | ✔ |
| ETFs | ❌ |
| Options | ❌ |
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.
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.
Salma Markets offers free SWAP and commission, which is competitive in the market.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, Android, IOS | Beginners |
| Deposit Options | Min. Deposit | Fees | Processing Time |
| BCA / Mandiri/ BNI/ BRI/ OCBC/ CIMB | $1 | ❌ | Instant |
| FASAPAY / NETELLER | $50 | ||
| WIRE TRANSFER | $100 | 1 – 5 business days | |
| RHB BANK/ MAYBANK/ PUBLIC BANK / HONG LEONG | $10 | Instant |
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| BCA / Mandiri/ BNI/ BRI/ OCBC/ CIMB | $5 | ❌ | 1-2 hours during financial department business hours (max 48 hours) |
| RHB BANK/ MAYBANK/ PUBLIC BANK / HONG LEONG | $15 | ||
| FASAPAY | $50 | ||
| NETELLER | 2% (min $1, max $30) | ||
| WIRE TRANSFER | $100 | 0.2% (min $30) | 1 – 5 business days |
| Contact Options | Details |
| Phone | +44 7389 102555 |
| 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 |
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.
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.
Salma Markets supports payments via local banks (BCA, Mandiri, BNI, etc.), Fasapay, Neteller, and wire transfers, with some methods offering instant processing and others requiring a few business days.
Withdrawal fees depend on the method used. For local bank transfers, there is no fee for BCA, Mandiri, etc., but for Neteller, a 2% fee (min $1, max $30) applies. Wire transfers incur a 0.2% fee (min $30).
The main disadvantages of Salma Markets include its unregulated status, limited account types (only offering STP accounts), lack of transparency, and absence of ETFs and options for trading.
Salma Markets offers competitive fees with no commission charges and free SWAPs. However, there may be some fees for certain payment methods, such as a 2% fee for Neteller withdrawals (min $1, max $30).
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