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IMT Trade-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-11-05 18:00

Abstract:IMT Trade, operating from the Marshall Islands, provides the MT4 trading platform supporting various market instruments, including currency pairs and CFDs on indices, commodities, stocks, and bonds with leverage up to 1:200 and spread from 2.9 pips. However, this company lacks valid regulation, which mean potential risks may exist.

Note: IMT Trade's official website https://imttrade.com/ is currently inaccessible normally.

IMT TradeReview Summary
Founded/
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsCurrency pairs, CFDs on indices, commodities, stocks, bonds
Demo Account✅
LeverageUp to 1:200
SpreadFrom 2.9 pips
Trading PlatformMetaTrader 4, Mobile & Tablet Trader, and MT4 WebTrader
Min Deposit/
Customer SupportPhone: +61 283 113079
Email: support@imttrade.com

IMT Trade, operating from the Marshall Islands, provides the MT4 trading platform supporting various market instruments, including currency pairs and CFDs on indices, commodities, stocks, and bonds with leverage up to 1:200 and spread from 2.9 pips. However, this company lacks valid regulation, which mean potential risks may exist.

imt1.jpg

Pros and Cons

Pros Cons
MT4 supportedLack of regulation
Various market instrumentsNo demo accounts
Wide spreads
No info on minimum deposit
Limited payment options

Is IMT Trade Legit?

Is IMT Trade Legit?

IMT Trade is not regulated by the financial services regulatory authority in Marshall Islands, which means that the company lacks regulation from its registration site. Moreover, the current status shows that client transferring is prohibited.

Is IMT Trade Legit?

What Can I Trade on IMT Trade?

IMT Trade offers trading on currency pairs and CFDs on indices, commodities, stocks, and bonds.

Tradable Instruments Supported
Currency Pairs✔
Indices✔
Commodities✔
Stocks✔
Bonds✔
Cryptocurrencies❌
Options❌
Mutual Funds❌

Account Type

There is only one account type available: Standard Account. It is not clear whether it offers demo accounts or not.

Account TypeMax. LeverageSpread
Standard1:2002.9 pips

Leverage

On IMT Trade, the leverage can be up to 1:200, which is reasonable in the market. However, careful considerations are still needed, because potential risks still exist.

Trading Platform

IMT Trade uses MT4 as its trading platform.

MetaTrader 4 (MT4) provides a user-friendly interface, suitable for both new and experienced traders. With comprehensive technical analysis capabilities, including online quotes and interactive charts, MT4 allows users to respond quickly to price changes. The platform supports trading signals, copy trading, and algorithmic trading through Expert Advisors, automating both trading and analytics.

For traders on the go, IMTTrade Mobile & Tablet Trader offers convenient features such as bulk conclusions of transactions, real-time trading, advanced technical analysis, a macroeconomic calendar, current market reports, and transaction history.

Additionally, MT4 Webtrader enhances the trading experience with independent configuration of trading fields, clear structure, monitoring of current developments, a Click&Trade function for prompt instructions, an economic calendar, a trade calculator for profit/loss calculations, and transaction history for a clear overview of all concluded transactions.

Deposit and Withdrawal

IMT Trade only accepts payments via Visa, MasterCard and Maestro. However, it is clear that withdrawal restrictions do exist. If clients want to withdraw, then he or she must have traded 60 times of the initial deposit.

imt2.jpg

LeverageClearingCommissionCurrency PairDealer

Related broker

No Regulation
IMT Trade
Company name:Glastrox Trade Ltd
Score
1.56
Website:http://imttrade.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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