RM Markets Journal (Broker out of business)

Journal status: closed
RM Markets out of business
RM Markets Profile
Website
rmmarkets.com
Year
2021
Country
SVG
Branches
3
Regulation
not regulated
Registration
FSA SVG, CySEC Cyprus
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, North Korea, Sudan, Syria, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
none
LPs names
none

RM Markets Accounts
MM
Minimum Deposit
250 €
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.4 pips
Commission
0 $/lotRT
Volume
Unlimited
Margin Call
100 %
Stop Out
500 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, STICPAY
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 2 months
Update broker

Is RM Markets safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG, CySEC Cyprus
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is RM Markets trusted?

  • Information transparency: limited ★★
  • Customer service: virtually non-existent
  • RM Markets website: semi-detailed, updated ★★★
  • RM Markets popularity (by visitor count): low visits ★★

How RM Markets works



RM Markets is mainly compensated for its services through the Bid/Ask spread.


4.1. The company will act as a market maker, which means that it will buy and sell securities and other financial instruments/assets of a defined set of companies - liquidity providers or/and broker-dealer firms, as per Client's request/demand and will execute them on its own account. For Risk mitigating purposes, the Company may transmit some of the orders for execution to its Liquidity providr/s or broker-dealer firm.



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