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Salma Markets Review – is it scam or safe?

Salma Markets Review  – Is www.salmamarkets.com scam or safe forex broker?

RATING: 2 / 2 REVIEWS ForexBrokerz Salma Markets
Salma Markets is an offshore broker. Your money is not safe.

RECOMMENDED FOREX BROKERS


 Trading accounts and conditions

 

Account type Minimum deposit Minimum trade size Maximum leverage Average spreads
STP $10 0.01 lots 1:1000 From 0.8 pips

 

Salma Markets offers just one type of live trading account – STP. There is no free demo account.

 

The broker has a portfolio of tradable assets including the major and some minor forex pairs, a limited set of CFDs on indices, gold and silver, as well as Bitcoin.

 

 

The Company. Security of Funds

 

Company Country Regulation
 Salma Markets Incorporated  Belize IFSC

 

Salma Markets is owned by the company Salma Markets Incorporated based in the offshore zone Belize. The broker is regulated by Belize's International Financial Services Commission (IFSC).

 

>> The risks of trading with an offshore forex broker <<
 

This watchdog has somewhat stricter requirements for the financial services providers overseen by it, and could be said it is somewhat more reliable than other offshore regulators. It is known for its lax requirements and relatively low fees and is rather attractive for many forex brokers, small and large. Generally most of the brokers regulated by the IFSC abide by the rules, but one must nevertheless be careful when dealing with offshore brokers. We recommend to do business with brokers regulated by the FCA or the ASIC.

 

 

Trading platforms

 

Like most brokers, Salma Markets also offers the popular MetaTrader 4 (MT4) platform as a desktop terminal and in its versions for web and mobile devices.

 

MT4 has been around for over 10 years and it seems its popularity is not waning, at least for the time being. It is user friendly, supports different types of orders, MAM accounts, has many options, charting and analysis tools and allows hedging and automated trading.

 

Perhaps eventually its successor MetaTrader 5 will replace it, as the developer MetaQuotes Software said it is stopping support for MT4 in order to focus its resources on MT5.

 

 

Promotions

 

Salma Markets offers a rebate bonus of up to 50%. The promotion period is unlimited, but is subject to numerous terms and conditions, as per the usual practice of the brokers offering different types of bonuses.

 

 

Methods of payment

 

Salma Markets provides a relatively wide selection of payment options. The broker accepts deposits through credit cards, wire transfers and the online payment systems Neteller, Skrill and FasaPay. There are also options for payments through the following banks: Bank Central Asia (BCA), Mandiri, Bank Negara Indonesia (BNI) and Bank Rakyat Indonesia (BRI).

 

 

Conclusion


Salma Markets is a run-of-the-mill offshore forex broker. Probably the only interesting thing about it is the option to trade in Bitcoin, which is still not very frequent, at least among the small offshore brokers. Otherwise it does not stand out much among its peers, but judging by the payment options, it is mostly targeting Indonesia, where the forex broker market is still not very saturated.

 

Pros Cons
MT4 Offshore
Bitcoin  
Low deposit  

 

 

 

Latest news about Salma Markets
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Traders` reviews for Salma Markets

Spread

Pros

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Slippage

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Requotes

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Price feed

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Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

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Summary

Pros

Cons

 

 

Salma Markets Keluhan

Keluhan.
Tgl 5 Nopember 2018 saya Sarip Abdurahman deposit sebesar Rp. 5 JT setelah itu saya masuk ke registrasi tapi selalu gagal dengan jawaban koneksi anda tidak pribadi. Saya sudah coba kirimm email pemberitahuan kesemua alamat email Salma markets yang disarankan tapi sampai sekarang belum ada jawaban. Mohon bantuannya supaya deposit saya bisa segera diurus dan bisa segera trading. Terimakasih

Translated by Google:

Complaint.

On November 5, 2018 I got a deposit of Rp. 5 JT after that I entered registration but always failed with the answer to your connection not private. I have tried sending email notifications of all suggested Salma market e-mail addresses but until now there has been no answer. Please help so that my deposit can be managed immediately and can immediately trade. Thank you

Sarip Abdurahman 11/07/2018
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