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Storm FX Markets -

Score

1.40 /10
Danger

Storm FX Markets

China

2-5 years

Suspicious Regulatory License

High potential risk

https://stormfxmarkets.com

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Time Machine
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Score

Regulatory Index0.00

Business Index6.15

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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No restriction on the broker account. Support service provided by WikiFX

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40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Storm FX Markets · Company summary

Note: Storm FX Markets's official website https://stormfxmarkets.com is currently inaccessible normally.

Storm FX MarketsReview Summary
Founded2024
Registered Country/RegionSt. Vincent and the Grenadine
RegulationNo regulation
Market Instruments/
Demo Account/
LeverageUp to 1:200
SpreadFrom 1.6 pips (Mini account)
Trading PlatformMT4
Min Deposit$200
Customer SupportPhone: +5117085640
Email: support@stormfxmarkets.com

Storm FX Markets was registered in 2024 in St. Vincent and the Grenadine. It is not regulated, and it is not clear whether demo accounts are available or not. It claims to offer several types of accounts, and the leverage can be up to 1:200. Since it is not regulated, risks still exist.

Pros and Cons

Pros Cons
MT4 supportedLack of regulation
No demo accounts
Limited information on trading conditions

Is Storm FX Markets Legit?

Is Storm FX Markets Legit?

Storm FX Markets is not regulated by the financial services regulatory authority in St. Vincent and the Grenadine. However, the current status shows that it is normal.

Is Storm FX Markets Legit?

Account Type/Leverage/Fees

Storm FX Markets provides 4 types of accounts: Mini account, ECN account, ECN Pro account, and PAMM account.

Account TypeMin. DepositMax. LeverageSpreadCommission
Mini$2001:200From 1.6 pips$7 per lot
ECN $1,000///
ECN Pro$5,000//$9 per lot
PAMM//From 1.6 pips$6 per lot
Account Type/Leverage/Fees

Trading Platform

Storm FX Markets supports MT4on multiple devices, including Windows, Mac OS, Linux, iPhone/iPad and Android.

Trading Platform

Deposit and Withdrawal

Storm FX Markets only accepts crypto payments like Bitcoin, Ethereum, Litecoin, Cardano, USDT and Omni.

Deposit and Withdrawal

User Reviews

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=上善@铠鸣℡(魯铠鸣)-盖闻U商
more than one year
A one star because it is not possible to leave no stars. Storm FX Markets cancels my trading account without good reason. They don't care about contributors and have the worst customer experience of any company that I have ever dealt with.
A one star because it is not possible to leave no stars. Storm FX Markets cancels my trading account without good reason. They don't care about contributors and have the worst customer experience of any company that I have ever dealt with.
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2023-02-17 11:56
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