What is Trading IM？
Trading IM is an unregulated online trading platform based in Saint Lucia that offers a wide range of financial services, including Forex, commodities, cryptocurrencies, stocks, metals, and indices. The platform provides multiple types of trading accounts, each with its own set of benefits and spreads, catering to the diverse needs of traders. Additionally, the platform features a user-friendly trading interface called WebTrader, accessible from any internet-enabled device without the need for downloads or installations.
Pros & Cons
Pros:
6 Classes of Trading Instruments: Trading IM offers an extensive selection of trading instruments across multiple asset classes. These diverse options provide traders with ample opportunities to diversify their portfolios and capitalize on various market movements.
Multiple Customer Support Channels: Trading IM provides various customer support channels including phone, email, contact form, and live chat, enhancing accessibility and assistance for clients.
Cons:
Lack of Regulatory Oversight: One significant concern with Trading IM is its lack of valid regulation. Without proper regulation, there's a heightened risk of encountering fraudulent activities, scams, and inadequate consumer protection.
Demo Account Unavailability: Trading IM does not provide a demo account option for traders to practice and familiarize themselves with the platform before committing real funds. A demo account can be invaluable for traders, especially beginners, to gain experience and test trading strategies in a risk-free environment.
Is Trading IM Safe ？
Trading IM currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Market Instruments
Trading IM offers six classes of tradable instruments spanning diverse asset classes to cater to the needs of discerning clients, including:
Commodity Trading: Participate in the dynamic commodities market, trading in precious metals, energies, agricultural products, and more.
Cryptocurrency Trading: Explore the exciting realm of digital currencies, where innovation meets investment opportunities in cryptocurrencies like Bitcoin, Ethereum, and others.
Precious Metal Trading: Access markets for precious metals such as gold, silver, platinum, and palladium, allowing you to diversify your portfolio and hedge against market uncertainties.
Accounts & Spreads
How to Open an Account？
Steps:
Follow the on-screen instructions to input your personal and contact details.
Set a secure password for your account.
Read and agree to the Terms and Conditions and any other policy as required.
Click on the ''Open account'' option to finalize the creation of your account.
An email will typically be sent to your registered email address to verify your account. Ensure to check your inbox and spam folders.
Click on the link received in the verification email to activate your account.
Leverage
Trading IM proudly offers a maximum leverage of 1:200, providing traders with a powerful tool to enhance their trading potential. Leverage of this magnitude allows our clients to multiply their trading capital, thereby amplifying potential returns on successful trades. By utilizing leverage effectively, traders can access larger positions in the market with a relatively smaller initial investment, enabling them to seize opportunities across various asset classes.
Trading Platforms
Trading IM is proud to offer WebTrader as the premier trading platform for our esteemed clients. With WebTrader, traders gain access to a sophisticated and intuitive online platform that enables seamless execution of trades across multiple financial markets.
Built with the latest web technologies, WebTrader delivers a user-friendly interface that is accessible from any internet-enabled device, eliminating the need for downloads or installations. Whether you're at home, in the office, or on the go, you can trade with confidence and convenience.
Deposits & Withdrawals
Trading IM accommodates various forms of payment options for deposits, making the process flexible and convenient for clients. These include globally recognized credit and debit cards like VISA and MASTERCARD. With the secure payment gateway, clients can fund their accounts or withdraw profits using their VISA or MASTERCARD, providing flexibility and ease of access to their trading capital.
Customer Service
Trading IM provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Phone Number: +525518370627
Email:support@TradinglM.com
Contact form, Live chat
Monday-Friday: 08:00 to 17:00 GMT
Conclusion
In summary, Trading IM is an online trading platform offering a wide range of financial services and instruments. While it provides competitive spreads, maximum leverage, and a user-friendly trading platform, the lack of valid regulation and the absence of a demo account may raise concerns for some traders regarding safety, legitimacy, and accessibility.
Frequently Asked Questions (FAQs)
Is Trading IM legit？
No. It has been verified that this broker currently has no valid regulation.
Does Trading IM offer demo accounts？
No. It does not offer demo accounts.
What is the maximum leverage for Trading IM？
The maximum leverage is 1:200.
Does Trading IM offer industry leading MT4 & MT5？
No. Instead, it offers WebTrader.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
