by IST Markets is a broker. Many people leave negative reviews about it. We will review them to help you decide whether you should cooperate with it.
IST Markets broker review
Data security issues can arise on the IST Markets platform due to the lack of data protection measures.
Customers are not happy with the high commissions and limited selection of services at IST Markets.
Customer reviews also point out insufficient educational tools, questionable effectiveness of trading styles and IST Markets’ pamm service.
Customer feedback on the company’s performance
How do you like IST Markets’ service?
Clients talk about the large selection of trading platforms, including MetaTrader 5.
Demo accounts have received positive reviews for the opportunity to get to know the company before opening a live account.
The company offers different types of accounts, including Islamic accounts, to meet the needs of customers.
Daily market reviews and tutorials help customers understand trading.
Deposit bonuses incentivise trading and increase potential profits.
A variety of market instruments allows to diversify investments and increase potential profits.
PAMM services provide an opportunity to invest funds through experienced managers, which also has a favourable effect on earnings.
History of IST Markets
IST Markets started its history in Mauritius. There it obtained a licence and underwent registration.
IST Markets offers different types of accounts: classic, premium and Islamic accounts to cater to the needs of the clients.
The Metatrader 5 trading platform gives access to a variety of market instruments: forex, stocks, cryptocurrencies, and CFDs on indices, bonds, and commodities.
The company offers various bonuses, including deposit bonuses and rewards for referring new clients.
Investors can choose trading styles, time frames and leverage levels as per their investment objectives.
IST Markets provides educational tools and PAMM service for potential investors.
The company offers 24/7 customer support through its website, mobile app and VIP accounts.
Information about IST Markets trading services
Trading in the equity market
IST Markets offers a variety of services for stock trading. They provide a variety of accounts: standard, Islamic, demo accounts for beginners and VIP accounts for experienced traders.
Using trading platforms such as MetaTrader 5, clients have access to various instruments: currency pairs, CFDs on commodities, bonds and futures.
It is also possible to trade global indices, CFDs on stocks, cryptocurrencies and use the PAMM service.
IST Markets provides educational materials for potential investors and various bonuses.
The firm is regulated in Mauritius, which guarantees the safety of deposits and sets margin and commission levels according to clients’ needs.
And in case of problems, customers can contact the support team.
Cryptocurrency Investments
IST Markets offers various types of cryptocurrencies for investment on its trading platform. These include Bitcoin, Ethereum, Litecoin and others.
The company ensures the safety of investments through regulation under national security and control standards.
Clients note the success of investing in cryptocurrencies through IST Markets. They appreciate the speed of execution of trades, ease of use of the Metatrader 5 trading platform and a wide range of tools for trading cryptocurrencies.
IST Markets platform functionality
The IST Markets platform offers many opportunities for traders.
It has different types of accounts: classic, premium and demo accounts for beginners.
Users can trade different assets: currencies, cryptocurrencies, stocks and commodity CFDs.
The platform supports different trading styles and timeframes.
There are educational tools for analysing the market.
Asset groups and investment management tools are also available.
The platform offers PAMM service for investors’ capital management.
Claims on commissions and services of IST Markets
Clients may have complaints about commissions and services. These complaints may relate to the level of commissions, bonuses, account types and trading instruments.
They expect a high level of service, low commissions and transparent terms and conditions.
IST Markets offers different types of accounts to settle the claims:
- Islamic accounts,
- Demo accounts,
- Training materials,
- Mobile application.
There is also a customer support service and VIP accounts for investors with higher needs.
IST Markets is regulated in Mauritius. They offer different terms and conditions, catering to the different needs and goals of investors. They provide global indices and a wide range of trading instruments.
Data security issues on the IST Markets platform
Security issues at IST Markets can arise due to breaches of confidentiality of clients’ personal information: names, addresses and transaction details. Another risk is financial leakages through account access and disclosure of sensitive trading information.
To protect data, IST Markets uses state-of-the-art encrypted technology, controls access to customer information and follows a strict website security policy. The platform also regularly updates software and monitors activity in client accounts to prevent fraud.
Registration and Verification with IST Markets
Registering with the IST Markets platform starts by filling out an online form on their website.
Investors have to provide their details including account information and contacts.
To complete the registration, one needs to confirm the email.
After that, one has to undergo verification by providing documents.
These can be passport, driving licence, bank statement or utility bills.
After verification, various accounts, trading tools, training materials and customer support are opened.
IST Markets offers deposit bonuses and other rewards for being active on the site.
Reviews of the company’s clients’ funds
IST Markets customer fund reviews raise questions about the variety of instruments on their trading platforms.
They mention the following:
- Different types of trading accounts;
- Available bonuses;
- Free demo accounts for practice.
Some clients appreciate the wide range of trading instruments such as currency pairs, stocks and cryptocurrencies.
Others note:
- The convenience of the mobile trading app;
- The quality of customer service and support on the company’s website.
Some express interest in the possibility of opening accounts with Islamic terms, which represents an important aspect for investors with specific requirements and goals.
Greater transparency in commissions, leverage levels and available instruments, as well as providing more extensive educational resources for customers, could significantly improve customer satisfaction and attract new investors.
Conflict of interest with clients and IST Markets’ human resources policies
IST Markets takes steps to avoid conflicts of interest with clients.
They set clear rules and policies on their platforms for fairness in trading.
The company offers different types of accounts such as Classic and Premium with different terms and commissions.
This helps to cater to the different needs of the clients.
IST Markets also provides educational material to help investors develop their knowledge in trading.
On human resource policies, the company focuses on employee training and development.
They strive for a respectful and supportive working environment.
IST Markets also follows regulatory norms and carefully assesses the suitability of candidates to meet the objectives and requirements of the job.
The company operates according to international standards, which builds customer confidence in its service.
What problems arise when working with IST Markets broker?
Problems may arise with withdrawal of funds, delays in order execution or non-compliance with trading conditions. For example, you can request support via email or online chat to clarify the situation and resolve the issue.
Why are IST Markets reviews negative?
Reviews can be negative due to the company’s lack of transparency in its operations, delayed withdrawals or non-compliance with the terms and conditions of trades. For example, false promises of high returns can cause disappointment to customers.
What violations have been detected in the activities of IST Markets broker?
IST Markets broker has committed repeated violations of financial services legislation, including illegal activities without appropriate licences and deceiving clients for financial gain.
What are the risks associated with investing through IST Markets?
Risks include loss of investment due to market fluctuations, operational risks due to malfunctions in the trading platform, and risks of mispricing of assets. For example, unexpected changes in share prices of companies or currencies can lead to losses.
Are there any ways to protect investors from the negative consequences of working with IST Markets broker?
Yes, one way to protect investors from the negative consequences of working with an IST Markets broker is to choose licensed and regulated brokers. Investors should also scrutinise broker reviews before dealing with a broker.
