What is RM Markets?
RM Markets is a forex and CFD broker based in St. Vincent & the Grenadines, listed with a foundation year of 2021. It offers leverage up to 1:500, spreads from 0.0 pips and a minimum deposit of $10. Clients trade on MetaTrader4, MetaTrader5, cTrader, MT4 WebTerminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader, MT4 MultiTerminal, WebTrader and on mobile.
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Is RM Markets safe and regulated?
RM Markets is regulated by Regulated by the Cyprus Securities and Exchange commission (CySEC) with license number 396/21. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Search licence 396/21 on the official CySEC register and confirm the company name matches.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
RM Markets account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $10 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
RM Markets provides MetaTrader4, MetaTrader5, cTrader, MT4 WebTerminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader, MT4 MultiTerminal, WebTrader, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
RM Markets supports 7 funding methods, including Bank transfer, credit card, Skrill, Neteller, WesternUnion, UnionPay and more. Accounts can be held in 3 base currencies (USD, GBP, EUR), which helps you avoid conversion fees.
RM Markets bonus: <p>25% Welcome Bonus</p>
How the promotion works
The current RM Markets promotion is <p>25% Welcome Bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the RM Markets website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
RM Markets pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 7 deposit methods including crypto
Cons
- Bonus and promotion terms vary by country
How to open a RM Markets account
- RegisterVisit the RM Markets website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $10 with Bank transfer, credit card, Skrill or another method.
- Start tradingLog in to MetaTrader4, MetaTrader5, cTrader, MT4 WebTerminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader, MT4 MultiTerminal, WebTrader or the mobile app and set your risk per trade.
Is RM Markets a good broker? Our verdict
RM Markets suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.