Reviewed Broker: Salma Market
Established in: 2014
Location No. 5 Cork Street P. O. Box 1708, Belize
Regulation: IFSC. Most of the brokers regulated by the IFSC follow the rules, but always keep in mind the possible dangers when dealing with offshore brokers.
STP Forex Broker: yes
Trading instruments: 30+ currency instruments, 5+ CFDs in US stocks, gold and silver contract, CFD futures
WARNING: Salma Markets claims to receive numerous awards over the years, one of which is Best New STP Broker Asia awarded by the Global Banking and Finance Awards. After investigation and confirmation of facts, we found that the broker has never received any awards whatsoever. This is definitely one of the red flags when it comes to spotting a scam broker.
Why SalmaMarkets?
- Segregated Accounts for clients funds
- 30+ Trading Instruments
- No Swap and Commissions
- Expert Advisors Allowed
- Fast Withdrawals and many Deposit Methods
- STP Broker
- Spreads from 0.2 Pips
- No Requote
- Bonus Rebate up to 50%
Trading Conditions and Features With Salma Markets
Which account will best suit your trading needs and style?
Order Execution: market STP
Stop out 30%
Margin call 50%
Leverage up to 1:1,000
Minimum trade size: 0.01
Cent accounts: available
Swap free Islamic accounts: yes
Demo account: Not Available! During the Salma Markets review, we found out that the broker doesn’t provide free practice account! This is yet another red flag for fraud and scam broker.
Trading Platforms
Platform: Metatrader 4
Mobile trading: yes
Desktop interface: yes
Web based version: available
Whether you trade Salma Markets on forex or any other assets, you are well catered for by our industry-leading platform. Download the industry’s favorite forex trading platform on your PC, MAC, tablet or mobile and enjoy:
- Cutting-edge and user-friendly features
- Access to all major trading instruments
- Multi-currency/language support
- Automated Trading – Expert Advisors
Advantages of SalmaMarkets MT4 platform
- Trading operations execution
- controlling and managing open positions and pending orders with the help of Stop Loss, Take profit and expert advisors
- online quotes and news provision
- technical analysis with embedded indicators and linear instruments
- writing and developing expert advisors, indicators, scripts and functions in MetaQuotes Language 4 (MQL 4)
Payment Options for Deposits and Withdrawals
Payment methods: Bank Central Asia (IDR), Mandiri (IDR), Bank Negara Indonesia (IDR), Bank Rakyat Indonesia (IDR), Fasapay, Credit and Debit Cards, Skrill, Neteller, Wire Transfer, RHB Bank (MYR), Maybank (MYR), Public Islamic Bank (MYR), Cimb Bank (MYR)
Minimum deposit requirement: $10
Promotions
Salma Markets offers a rebate bonus of up to 50%. The promotion period is unlimited, but is subject to numerous terms and conditions, which are worth reading through and fully uderstand before claiming the bonus.
Customer Support and Educational Material
Dedicated team of customer support agents is on hand to provide you with localized support in 10 languages.
How was the rating of Salma Market performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Salma Market FX broker performance and features.
Overall our online Salma Market review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Salma Market or you find inaccurate details Salma Market broker review please get in touch with us and the changes will be applied.
