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IM

IMS Markets Review: Is It Legit and Regulated?

Mercia Securities Ltd

CY Operating period unverified
AKA Initial Merit Secure Ltd AKA Nextrade Worldwide Ltd

FindMyFX score

critical risk

3.4/10

0 Score out of 10 10
Independent assessment Updated 2026-08-10

Contact & regulation

Official website
imsmarkets.com
Address
3 Pythagora Street, Pythagoras Court, 4th Floor, CY-3027 Limassol, Cyprus
Primary license
CySEC · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is IMS Markets legit and regulated?

FindMyFX has license records for IMS Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

IMS Markets is the approved domain associated by CySEC with Mercia Securities Ltd, formerly Initial Merit Secure Ltd. The reviewed CySEC record lists licence 229/14.

Professional broker overview

FindMyFX editorial summary

IMS Markets is linked by CySEC to Mercia Securities Ltd, a Cyprus investment firm holding licence 229/14. The regulator record lists reception and transmission of orders, execution of orders, and ancillary foreign-exchange services connected to investment services. The IMS Markets website currently displays a coming-soon page, so current retail account conditions were not established.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The CySEC entity has changed names, and the reviewed IMS Markets domain currently provides no detailed trading terms.

Operational status
unknown
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

  • CySEC publishes the legal entity, licence number, company registration number and approved domain.

Documented limitations

  • The current IMS Markets website is a coming-soon page and does not expose account or pricing details.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Mercia Securities Ltd

Primary
CY 291905

Additional broker contacts

CySEC-listed address

3 Pythagora Street, Pythagoras Court, 4th Floor, CY-3027 Limassol, Cyprus

unverified

Official telephone

+357 25 057 221

unverified

Research sources

Licenses and regulators

CySEC

229/14

unverified

Last verified: Not shown

Type: Cyprus Investment Firm
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Score components

Regulation and licenses

7.5/10 · 35%

A current CySEC entity page supplies the licence, legal identity, company number and approved domain.

Security and track record

0.0/10 · 20%

No source-backed long-term security or incident record was established in this review.

Trading conditions

0.0/10 · 15%

The current website does not publish usable retail account or pricing conditions.

Company transparency

7.5/10 · 10%

CySEC publishes legal identity, registration number, contact details and approved domain.

Service quality

0.0/10 · 10%

No inspectable verified service-quality dataset was established in this review.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was established from the reviewed official sources.

Profile update history

Broker profile was published.

2026-08-10

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.