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
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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.
https://rmmarkets.com/
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.
https://rmmarkets.com/clients-agreement-document/
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